Churchill Downs (CHDN) FCF Margin (2010 - 2026)

Churchill Downs' FCF Margin history runs 17 years deep, the most recent figure standing at 38.46% for Q1 2026.

• On a quarterly basis, FCF Margin rose 1047.0% year-over-year to 38.46% in Q1 2026; TTM through Mar 2026 was 26.29%, a 1746.0% increase from a year earlier, with the FY2025 full-year figure at 23.91%, up 1264.0% from the prior year.
• FCF Margin advanced to 38.46% in Q1 2026 per CHDN's latest filing, from 29.66% in the prior quarter.
• Across five years, FCF Margin topped out at 59.95% in Q3 2024 and bottomed at 55.77% in Q3 2023.
• The 5-year median for FCF Margin is 21.86% (2025), against an average of 12.06%.
• Across the five-year window, FCF Margin tumbled 4565 bps in 2023 and jumped 11573 bps in 2024, its largest moves.
• Year by year, FCF Margin stood at 12.58% in 2022, then soared by 34 bps to 8.3% in 2023, then sank by 446 bps to 45.34% in 2024, then jumped by 165 bps to 29.66% in 2025, then increased by 30 bps to 38.46% in 2026.
• Per Business Quant, the three latest CHDN FCF Margin figures stand at 38.46% (Q1 2026), 29.66% (Q4 2025), and 21.86% (Q3 2025).