DraftKings (DKNG) Stock Buyback History
TTM buyback yield 4.94% · Shareholder yield (TTM) 4.94%.

DraftKings
DKNG
TTM buyback yield
4.94%
Shareholder yield (TTM)
4.94%
5Y share count change
62.3%
TTM buyback spend
$829.29M
SBC coverage (TTM)
3.51x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 3.51x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $829.29M | $339.31M | $489.98M | 0.50B | 2.9% | 4.94% |
| 2024 | $150.96M | $381.37M | −$230.40M | 0.48B | 4.2% | 0.83% |
| 2023 | $80.05M | $398.46M | −$318.41M | 0.46B | 6.0% | 0.49% |
| 2022 | $25.52M | $578.80M | −$553.28M | 0.44B | 8.5% | 0.50% |
| 2021 | $17.83M | $683.29M | −$665.46M | 0.40B | 31.7% | 0.16% |
| 2020 | $288.79M | $325.04M | −$36.25M | 0.31B | 65.5% | 1.85% |
| 2019 | $722.00K | $17.61M | −$16.89M | 0.18B | 0.0% | 0.04% |
| 2018 | $0.00 | $7.21M | −$7.21M | 0.18B | 0.0% | — |
| 2017 | $0.00 | $4.50M | −$4.50M | 0.18B | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)100% of headroom
Headroom $612.38M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does DraftKings buy back its own stock?
- Yes, DraftKings (DKNG) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does DraftKings spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $829.29M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is DraftKings's buyback yield?
- TTM buyback yield is about 4.94% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is DraftKings's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 4.94% combined (TTM-based where available).
Is DraftKings diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has DraftKings's share count changed?
- Diluted weighted average shares changed by about 62.3% over roughly five fiscal years (annual income statement data).