Churchill Downs (CHDN) Cash from Operations (2010 - 2026)
Churchill Downs (CHDN) posted Cash from Operations of $217.0 million for Q2 2026, down 26.44% on a QoQ basis from $295.0 million in Q1 2026, and down 9.58% year-over-year from $240.0 million in Q2 2025.
Analysis
Churchill Downs (CHDN) Cash from Operations (2010 - 2026) Analysis & Trends
Churchill Downs has reported Cash from Operations for 17 years, with the latest figure at $217.0 million in Q2 2026.
- On a quarterly basis, Cash from Operations fell 9.58% year-over-year to $217.0 million in Q2 2026; TTM through Jun 2026 was $794.8 million, a 0.99% increase from a year earlier, with the FY2025 full-year figure at $769.8 million, changed 0.25% from the prior year.
- Cash from Operations was $217.0 million for Q2 2026 at Churchill Downs, down from $295.0 million in the prior quarter.
- The five-year high for Cash from Operations was $295.0 million in Q1 2026, with the low at $43.7 million in Q3 2022.
- Average Cash from Operations over 5 years is $176.1 million, with a median of $186.8 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Cash from Operations jumped 120.14% in 2023, then dropped 26.49% in 2025.
- Over 5 years, Cash from Operations stood at $86.3 million in 2022, then gained by 23.41% to $106.5 million in 2023, then grew by 22.63% to $130.6 million in 2024, then decreased by 26.49% to $96.0 million in 2025, then jumped by 126.04% to $217.0 million in 2026.
- The last three Cash from Operations figures came in at $217.0 million (Q2 2026), $295.0 million (Q1 2026), and $96.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 27.90 Bn | 24.52 Bn | 1.81 Bn | 682.00 Mn |
| 2 | MGM Resorts International | 10.33 Bn | 7.78 Bn | 3.10 Bn | 558.82 Mn |
| 3 | Wynn Resorts | 9.08 Bn | 7.50 Bn | 1.14 Bn | 491.93 Mn |
| 4 | Caesars Entertainment | 6.05 Bn | 4.99 Bn | 2.04 Bn | 471.00 Mn |
| 5 | Churchill Downs | 5.79 Bn | 5.59 Bn | 712.00 Mn | 217.00 Mn |
| 6 | Boyd Gaming | 5.71 Bn | 5.39 Bn | 766.76 Mn | -23.53 Mn |
| 7 | Red Rock Resorts | 3.17 Bn | 2.56 Bn | 420.02 Mn | 157.94 Mn |
| 8 | PENN Entertainment | 2.28 Bn | 1.39 Bn | 1.02 Bn | 240.70 Mn |
| 9 | Monarch Casino & Resort | 2.14 Bn | 2.00 Bn | 38.62 Mn | 30.73 Mn |
| 10 | Melco Resorts & Entertainment | 1.99 Bn | 1.42 Bn | 1.05 Bn | 60.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 217.00 Mn |
| Mar 31, 2026 | 295.00 Mn |
| Dec 31, 2025 | 96.00 Mn |
| Sep 30, 2025 | 186.80 Mn |
| Jun 30, 2025 | 240.00 Mn |
| Mar 31, 2025 | 247.00 Mn |
| Dec 31, 2024 | 130.60 Mn |
| Sep 30, 2024 | 169.40 Mn |
| Jun 30, 2024 | 217.00 Mn |
| Mar 31, 2024 | 254.70 Mn |
| Dec 31, 2023 | 106.50 Mn |
| Sep 30, 2023 | 96.20 Mn |
| Jun 30, 2023 | 186.70 Mn |
| Mar 31, 2023 | 215.90 Mn |
| Dec 31, 2022 | 86.30 Mn |
| Sep 30, 2022 | 43.70 Mn |
| Jun 30, 2022 | 245.60 Mn |
| Mar 31, 2022 | 135.20 Mn |
| Dec 31, 2021 | 68.50 Mn |
| Sep 30, 2021 | 56.70 Mn |