TTM
10.8%
YoY change
+2.15pp
Trough year (2020)
-62.7%
Peak year (2025)
10.7%
Latest annual
10.7%
FCF Margin history chart for DraftKings (DKNG) from 2017 to 2025
Latest: 10.7%
FCF Margin change chart for DraftKings (DKNG) from 2017 to 2025
Latest: +2.15pp
FCF Margin history table for DraftKings (DKNG) from 2017 to 2025
| 2025 | 10.7% | +2.15pp | ||
| 2024 | 8.5% | +11.69pp | ||
| 2023 | -3.1% | +29.40pp | ||
| 2022 | -32.5% | +7.41pp | ||
| 2021 | -40.0% | +22.79pp | ||
| 2020 | -62.7% | -35.27pp | ||
| 2019 | -27.5% | +4.46pp | ||
| 2018 | -31.9% | +18.19pp | ||
| 2017 | -50.1% | — |
- 202510.7%+2.15pp
- 20248.5%+11.69pp
- 2023-3.1%+29.40pp
- 2022-32.5%+7.41pp
- 2021-40.0%+22.79pp
- 2020-62.7%-35.27pp
- 2019-27.5%+4.46pp
- 2018-31.9%+18.19pp
- 2017-50.1%—
FCF Margin values are taken from DraftKings's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at DraftKings (DKNG)
According to DraftKings's latest reported financial statements, the company's latest reported free cash flow margin is 10.8%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of DraftKings (DKNG) free cash flow margin is 10.69% – expanded 2.1 percentage points year-over-year.
Across the available history, free cash flow margin reached its high of 10.69% in 2025 and its low of -62.74% in 2020.
DraftKings FCF Margin by Year
DraftKings FCF Margin 2025: 10.7%
DraftKings posted free cash flow margin of 10.69% in 2025, expanded 2.1 percentage points from 2024. This figure represents the highest annual value in the available history.
DraftKings FCF Margin 2024: 8.5%
In 2024, DraftKings reported free cash flow margin of 8.55%, expanded 11.7 percentage points from 2023.
DraftKings FCF Margin 2023: -3.1%
DraftKings free cash flow margin in 2023 was -3.14%, expanded 29.4 percentage points from 2022.
DraftKings FCF Margin 2022: -32.5%
2022's free cash flow margin for DraftKings came in at -32.55%, expanded 7.4 percentage points from 2021.
DraftKings FCF Margin 2021: -40.0%
DraftKings free cash flow margin in 2021 was -39.95%.
See more financial history for DraftKings (DKNG).
Sector peers by FCF Margin
Consumer Cyclical peers of DraftKings (DKNG), ranked by their latest free cash flow margin
| 32.6% | |
| 25.6% | |
| 24.0% | |
| 8.9% | |
| 8.6% | |
| 7.2% | |
| -0.3% | |
| -4.9% |
- 25.6%
- 24.0%
- 8.6%
- 7.2%
- -0.3%
- -4.9%
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