DraftKings Inc.

DKNG Consumer Cyclical Gambling

DraftKings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 27.0% from fiscal 2024.

Revenue
−4.58%
EPS
−143.8%
Free cash flow
−51.6%
Total debt
−0.07%

Quarter to June 2026, against a year earlier

23.40 0.29 +1.25%
Market cap
$20.9B
P/E
0.0×
Fwd P/E
−405×
Dividend yield
—
F-score
7/9
Altman Z
1.98
Beneish M
−2.60
Dividend safety
n/a

DraftKings Inc. (DKNG) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, DraftKings Inc. (DKNG) trades at a EV/FCF of 24.3×. Over the past ten years it has ranged from −192× (March 2024) to 3,381× (April 2024); the current reading is higher than 71% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 33.9× (45.99%)
FY2024 62.8× —
FY2023 −132× —
FY2022 −5.9× —
FY2021 −18.7× —
FY2020 −50.8× —
FY2019 −18.7× —
FY2018 0.0× —

Quarterly newest first

Period EV/FCF Change
Jun 2026 26.1× 33.75%
Mar 2026 19.5× (42.47%)
Dec 2025 33.9× (3.86%)
Sep 2025 35.3× (39.28%)
24 more quarters

Against its own ten years

Low −192× High 3,381×
Ten-year median −7.7×
Current reading's percentile 71

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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