Growth Metrics

Churchill Downs (CHDN) FCF Margin (2016 - 2026)

Churchill Downs has reported FCF Margin over the past 17 years, most recently at 41.63% for Q1 2026.

  • Quarterly FCF Margin rose 1364.0% to 41.63% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 22.44% through Mar 2026, down 469.0% year-over-year, with the annual reading at 19.31% for FY2025, 585.0% down from the prior year.
  • FCF Margin was 41.63% for Q1 2026 at Churchill Downs, up from 9.46% in the prior quarter.
  • Over five years, FCF Margin peaked at 66.45% in Q4 2024 and troughed at 41.74% in Q3 2022.
  • The 5-year median for FCF Margin is 21.86% (2025), against an average of 23.19%.
  • Biggest five-year swings in FCF Margin: soared 9868bps in 2023 and later plummeted -8297bps in 2024.
  • Tracing CHDN's FCF Margin over 5 years: stood at 54.72% in 2022, then crashed by -74bps to 14.47% in 2023, then surged by 359bps to 66.45% in 2024, then tumbled by -86bps to 9.46% in 2025, then surged by 340bps to 41.63% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods came in at 41.63%, 9.46%, and 21.86% for Q1 2026, Q4 2025, and Q3 2025 respectively.