Churchill Downs (CHDN) Net Cash Flow (2010 - 2026)
Churchill Downs (CHDN) recorded Net Cash Flow of $4 million in Q2 2026, down 73.3% from $15 million a year earlier but up 100.0% from the prior quarter.
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Analysis
Churchill Downs (CHDN) Net Cash Flow (2010 - 2026) Analysis & Trends
On a TTM basis, Churchill Downs' Net Cash Flow came in at $7.8 million as of Jun 30, 2026, down 86.0% year-over-year; for FY2025, it was $35.8 million, up 19.7% from FY2024.
- Across earlier years, Net Cash Flow came in at $29.9 million in FY2024 (+80.1%), $16.6 million in FY2023, -$176.9 million in FY2022 and $358.6 million in FY2021.
- Quarterly Net Cash Flow has ranged from -$1.51 billion in Q4 2022 to $1.54 billion in Q2 2022 over the past five years.
- On a year-over-year basis, Net Cash Flow has declined for three consecutive quarters, with an average decline of 20.9% over the last five quarters.
- Peak year-over-year performance for Net Cash Flow in the last five years was growth of 643.2% in Q1 2023, against a decline of 99.4% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $2 million (Q1 2026), $20 million (Q4 2025) and -$18.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 45.00 Mn |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 688,000.00 |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 138.00 Mn |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 57.47 Mn |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 108.23 Mn |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 383.60 Mn |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 231.81 Mn |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 103.00 Mn |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | - |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 4.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.00 Mn |
| Mar 31, 2026 | 2.00 Mn |
| Dec 31, 2025 | 20.00 Mn |
| Sep 30, 2025 | -18.20 Mn |
| Jun 30, 2025 | 15.00 Mn |
| Mar 31, 2025 | 19.00 Mn |
| Dec 31, 2024 | 21.30 Mn |
| Sep 30, 2024 | 500,000.00 |
| Jun 30, 2024 | 7.90 Mn |
| Mar 31, 2024 | 200,000.00 |
| Dec 31, 2023 | 28.60 Mn |
| Sep 30, 2023 | -247.90 Mn |
| Jun 30, 2023 | 203.20 Mn |
| Mar 31, 2023 | 32.70 Mn |
| Dec 31, 2022 | -1.51 Bn |
| Sep 30, 2022 | -206.30 Mn |
| Jun 30, 2022 | 1.54 Bn |
| Mar 31, 2022 | 4.40 Mn |
| Dec 31, 2021 | -30.70 Mn |
| Sep 30, 2021 | -25.10 Mn |
API Access
Churchill Downs Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow&ticker=CHDN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "ticker": "CHDN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow&ticker=CHDN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();