DraftKings (BSP:D2KN34) FCF Margin % : 4.03% (As of Dec. 2023)

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What is DraftKings FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. DraftKings's Free Cash Flow for the three months ended in Dec. 2023 was R$243 Mil. DraftKings's Revenue for the three months ended in Dec. 2023 was R$6,031 Mil. Therefore, DraftKings's FCF Margin % for the quarter that ended in Dec. 2023 was 4.03%.

As of today, DraftKings's current FCF Yield % is -0.59%.

The historical rank and industry rank for DraftKings's FCF Margin % or its related term are showing as below:

BSP:D2KN34' s FCF Margin % Range Over the Past 10 Years
Min: -50.12 Med: -32.55 Max: -3.14
Current: -3.46

During the past 7 years, the highest FCF Margin % of DraftKings was -3.14%. The lowest was -50.12%. And the median was -32.55%.

BSP:D2KN34's FCF Margin % is ranked worse than
71.93% of 823 companies
in the Travel & Leisure industry
Industry Median: 6.28 vs BSP:D2KN34: -3.46

DraftKings FCF Margin % Historical Data

The historical data trend for DraftKings's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DraftKings FCF Margin % Chart

DraftKings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

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-27.47

-39.09

-39.95

-32.55

-3.14

DraftKings Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Margin %	Get a 7-Day Free Trial															-21.26	-29.80	-4.66	13.35	4.03

Competitive Comparison of DraftKings's FCF Margin %

For the Gambling subindustry, DraftKings's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DraftKings's FCF Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DraftKings's FCF Margin % distribution charts can be found below:

* The bar in red indicates where DraftKings's FCF Margin % falls into.

DraftKings FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

DraftKings's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-564.144	/	17959.693
	=	-3.14 %

DraftKings's FCF Margin for the quarter that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	242.756	/	6030.953
	=	4.03 %

DraftKings FCF Margin % Related Terms

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DraftKings (BSP:D2KN34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DraftKings Inc (BSP:D2KN34) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

DKNG:USA DKNG:Mexico 8DEA:Germany

Address

222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116

Website

https://www.draftkings.com

DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online sports betting in 21 states (44% of the U.S. population) and iGaming in five states (11% of U.S.), with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.

DraftKings (BSP:D2KN34) Headlines

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