Churchill Downs CHDN
NASDAQ CHDN
$82.78 -1.35 (-1.61%)
As of: Sep 10, 2026 · 3:59 PM EDT

Churchill Downs (CHDN) Free Cash Flow (2010 - 2026)

Churchill Downs (CHDN) posted Free Cash Flow of $178.0 million for Q2 2026, down 30.2% on a QoQ basis from $255.0 million in Q1 2026, and up 2.3% year-over-year from $174.0 million in Q2 2025.

Analysis

Churchill Downs (CHDN) Free Cash Flow (2010 - 2026) Analysis & Trends

Churchill Downs has reported Free Cash Flow for 17 years, with the latest figure at $178.0 million in Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 2.3% year-over-year to $178.0 million in Q2 2026; TTM through Jun 2026 was $644.1 million, a 43.84% increase from a year earlier, with the FY2025 full-year figure at $565.1 million, up 83.3% from the prior year.
  • Free Cash Flow was $178.0 million for Q2 2026 at Churchill Downs, down from $255.0 million in the prior quarter.
  • The five-year high for Free Cash Flow was $255.0 million in Q1 2026, with the low at -$67.3 million in Q3 2023.
  • Average Free Cash Flow over 5 years is $80.6 million, with a median of $91.4 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2024: Free Cash Flow plunged 231.3% in 2022, then soared 273.72% in 2024.
  • Over 5 years, Free Cash Flow 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 surged by 80.0% to $63.0 million in 2025, then surged by 182.54% to $178.0 million in 2026.
  • The last three Free Cash Flow figures came in at $178.0 million (Q2 2026), $255.0 million (Q1 2026), and $63.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Las Vegas Sands 27.90 Bn 24.52 Bn 1.81 Bn 350.00 Mn
2 MGM Resorts International 10.33 Bn 7.78 Bn 3.10 Bn 317.44 Mn
3 Wynn Resorts 9.08 Bn 7.50 Bn 1.14 Bn 338.90 Mn
4 Caesars Entertainment 6.05 Bn 4.99 Bn 2.04 Bn 304.00 Mn
5 Churchill Downs 5.79 Bn 5.59 Bn 712.00 Mn 178.00 Mn
6 Boyd Gaming 5.71 Bn 5.39 Bn 766.76 Mn -165.47 Mn
7 Red Rock Resorts 3.17 Bn 2.56 Bn 420.02 Mn 18.16 Mn
8 PENN Entertainment 2.28 Bn 1.39 Bn 1.02 Bn 143.30 Mn
9 Monarch Casino & Resort 2.14 Bn 2.00 Bn 38.62 Mn 25.58 Mn
10 Melco Resorts & Entertainment 1.99 Bn 1.42 Bn 1.05 Bn 120.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 178.00 Mn
Mar 31, 2026 255.00 Mn
Dec 31, 2025 63.00 Mn
Sep 30, 2025 148.10 Mn
Jun 30, 2025 174.00 Mn
Mar 31, 2025 180.00 Mn
Dec 31, 2024 35.00 Mn
Sep 30, 2024 58.80 Mn
Jun 30, 2024 102.40 Mn
Mar 31, 2024 112.10 Mn
Dec 31, 2023 -46.60 Mn
Sep 30, 2023 -67.30 Mn
Jun 30, 2023 27.40 Mn
Mar 31, 2023 93.00 Mn
Dec 31, 2022 -60.40 Mn
Sep 30, 2022 -38.80 Mn
Jun 30, 2022 147.00 Mn
Mar 31, 2022 89.70 Mn
Dec 31, 2021 46.00 Mn
Sep 30, 2021 42.80 Mn