Churchill Downs (CHDN) Free Cash Flow (2010 - 2026)
Churchill Downs' quarterly Free Cash Flow came in at $276.0 million in Q1 2026, up 53.33% year-on-year from $180.0 million in Q1 2025, and up 250.7% quarter-over-quarter from $78.7 million in Q4 2025.
Churchill Downs has reported Free Cash Flow for 17 years, with the latest figure at $276.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 53.33% year-over-year to $276.0 million; the trailing twelve-month figure through Mar 2026 stood at $795.6 million (up 223.41% YoY), and the FY2025 full-year result was $699.6 million, up 126.92% from the prior year.
- Free Cash Flow for Q1 2026 stood at $276.0 million, up from $78.7 million in the prior quarter.
- The five-year high for Free Cash Flow was $276.0 million in Q1 2026, with the low at -$163.6 million in Q3 2024.
- Average Free Cash Flow over 5 years is $84.0 million, with a median of $93.0 million recorded in 2023.
- Year-over-year, Free Cash Flow sank 256.88% in 2022 and jumped 610.22% in 2024.
- Tracing CHDN's Free Cash Flow over 5 years: stood at -$60.4 million in 2022, then gained by 22.85% to -$46.6 million in 2023, then surged by 175.11% to $35.0 million in 2024, then soared by 124.86% to $78.7 million in 2025, then jumped by 250.7% to $276.0 million in 2026.
- The last three Free Cash Flow figures came in at $276.0 million (Q1 2026), $78.7 million (Q4 2025), and $166.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 305.00 Mn |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | -55.52 Mn |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | 276.00 Mn |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | 12.15 Mn |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | - |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | 19.88 Mn |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | - |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | -765,940.63 |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | 23.00 Mn |
| 10 | High Roller Technologies | 45.23 Mn | 42.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 276.00 Mn |
| Mar 31, 2026 | 276.00 Mn |
| Dec 31, 2025 | 78.70 Mn |
| Dec 31, 2025 | 78.70 Mn |
| Sep 30, 2025 | 166.30 Mn |
| Sep 30, 2025 | 166.30 Mn |
| Jun 30, 2025 | 274.60 Mn |
| Jun 30, 2025 | 274.60 Mn |
| Mar 31, 2025 | 180.00 Mn |
| Mar 31, 2025 | 180.00 Mn |
| Dec 31, 2024 | 35.00 Mn |
| Dec 31, 2024 | 35.00 Mn |
| Sep 30, 2024 | -163.60 Mn |
| Sep 30, 2024 | -163.60 Mn |
| Jun 30, 2024 | 194.60 Mn |
| Jun 30, 2024 | 194.60 Mn |
| Mar 31, 2024 | 242.30 Mn |
| Mar 31, 2024 | 242.30 Mn |
| Dec 31, 2023 | -46.60 Mn |
| Dec 31, 2023 | -46.60 Mn |
| Sep 30, 2023 | -67.30 Mn |
| Sep 30, 2023 | -67.30 Mn |
| Jun 30, 2023 | 27.40 Mn |
| Jun 30, 2023 | 27.40 Mn |
| Mar 31, 2023 | 93.00 Mn |
| Mar 31, 2023 | 93.00 Mn |
| Dec 31, 2022 | -60.40 Mn |
| Dec 31, 2022 | -60.40 Mn |
| Sep 30, 2022 | -38.80 Mn |
| Sep 30, 2022 | -38.80 Mn |
| Jun 30, 2022 | 111.50 Mn |
| Jun 30, 2022 | 111.50 Mn |
| Mar 31, 2022 | 125.20 Mn |
| Mar 31, 2022 | 125.20 Mn |
| Dec 31, 2021 | 38.50 Mn |
| Dec 31, 2021 | 38.50 Mn |
| Sep 30, 2021 | 50.30 Mn |
| Sep 30, 2021 | 50.30 Mn |
| Jun 30, 2021 | 218.90 Mn |
| Jun 30, 2021 | 218.90 Mn |
| Mar 31, 2021 | 99.50 Mn |
| Mar 31, 2021 | 99.50 Mn |
| Dec 31, 2020 | 173.50 Mn |
| Dec 31, 2020 | 173.50 Mn |
| Sep 30, 2020 | -12.10 Mn |
| Sep 30, 2020 | -12.10 Mn |
| Jun 30, 2020 | -75.70 Mn |
| Jun 30, 2020 | -75.70 Mn |
| Mar 31, 2020 | 34.50 Mn |
| Mar 31, 2020 | 34.50 Mn |
| Dec 31, 2019 | -12.90 Mn |
| Dec 31, 2019 | -12.90 Mn |
| Sep 30, 2019 | 40.80 Mn |
| Sep 30, 2019 | 40.80 Mn |
| Jun 30, 2019 | 125.30 Mn |
| Jun 30, 2019 | 125.30 Mn |
| Mar 31, 2019 | 56.40 Mn |
| Mar 31, 2019 | 56.40 Mn |
| Dec 31, 2018 | 48.20 Mn |
| Dec 31, 2018 | 48.20 Mn |
| Sep 30, 2018 | -118.80 Mn |
| Sep 30, 2018 | -118.80 Mn |
| Jun 30, 2018 | 119.20 Mn |
| Jun 30, 2018 | 119.20 Mn |
| Mar 31, 2018 | 29.40 Mn |
| Mar 31, 2018 | 29.40 Mn |
| Dec 31, 2017 | 77.00 Mn |
| Dec 31, 2017 | 77.00 Mn |
| Sep 30, 2017 | -17.50 Mn |
| Sep 30, 2017 | -17.50 Mn |
| Jun 30, 2017 | 84.30 Mn |
| Jun 30, 2017 | 84.30 Mn |
| Mar 31, 2017 | 38.00 Mn |
| Mar 31, 2017 | 38.00 Mn |
| Dec 31, 2016 | 35.70 Mn |
| Dec 31, 2016 | 35.70 Mn |
| Sep 30, 2016 | 16.20 Mn |
| Sep 30, 2016 | 16.20 Mn |
| Jun 30, 2016 | 89.90 Mn |
| Jun 30, 2016 | 89.90 Mn |
| Mar 31, 2016 | 58.70 Mn |
| Mar 31, 2016 | 58.70 Mn |
| Dec 31, 2015 | 59.70 Mn |
| Dec 31, 2015 | 59.70 Mn |
| Sep 30, 2015 | 20.90 Mn |
| Sep 30, 2015 | 20.90 Mn |
| Jun 30, 2015 | 91.60 Mn |
| Jun 30, 2015 | 91.60 Mn |
| Mar 31, 2015 | 79.90 Mn |
| Mar 31, 2015 | 79.90 Mn |
| Dec 31, 2014 | 44.41 Mn |
| Dec 31, 2014 | 44.41 Mn |
| Sep 30, 2014 | -15.22 Mn |
| Sep 30, 2014 | -15.22 Mn |
| Jun 30, 2014 | 48.85 Mn |
| Jun 30, 2014 | 48.85 Mn |
| Mar 31, 2014 | 31.76 Mn |
| Mar 31, 2014 | 31.76 Mn |
| Dec 31, 2013 | -17.90 Mn |
| Dec 31, 2013 | -17.90 Mn |
| Sep 30, 2013 | 37.55 Mn |
| Sep 30, 2013 | 37.55 Mn |
| Jun 30, 2013 | 43.47 Mn |
| Jun 30, 2013 | 43.47 Mn |
| Mar 31, 2013 | 33.02 Mn |
| Mar 31, 2013 | 33.02 Mn |
| Dec 31, 2012 | 691,000.00 |
| Dec 31, 2012 | 691,000.00 |
| Sep 30, 2012 | 22.53 Mn |
| Sep 30, 2012 | 22.53 Mn |
| Jun 30, 2012 | 33.59 Mn |
| Jun 30, 2012 | 33.59 Mn |
| Mar 31, 2012 | 45.99 Mn |
| Mar 31, 2012 | 45.99 Mn |
| Dec 31, 2011 | 35.68 Mn |
| Dec 31, 2011 | 35.68 Mn |
| Sep 30, 2011 | 20.71 Mn |
| Sep 30, 2011 | 20.71 Mn |
| Jun 30, 2011 | 27.95 Mn |
| Jun 30, 2011 | 27.95 Mn |
| Mar 31, 2011 | 65.99 Mn |
| Mar 31, 2011 | 65.99 Mn |
| Dec 31, 2010 | -113.93 Mn |
| Dec 31, 2010 | -113.93 Mn |
| Sep 30, 2010 | 1.80 Mn |
| Sep 30, 2010 | 1.80 Mn |