DraftKings (DKNG) EV to FCF (2021 - 2026)
DraftKings' (DKNG) quarterly EV to FCF came in at 292.24 in Q2 2026, up 14.75% year-over-year from 254.67 in Q2 2025, and up 237.19% quarter-over-quarter from 213.02 in Q1 2026.
Analysis
DraftKings (DKNG) EV to FCF (2021 - 2026) Analysis & Trends
DraftKings (DKNG) has reported EV to FCF for 6 consecutive years, with 292.24 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to FCF rose 14.75% year-over-year to 292.24 in Q2 2026; TTM through Jun 2026 was 40.87, a 55.47% decrease from a year earlier, with the FY2025 full-year figure at 55.42, down 44.24% from the prior year.
- EV to FCF was 292.24 for Q2 2026 at DraftKings, up from 213.02 in the prior quarter.
- Over five years, EV to FCF peaked at 4097.38 in Q2 2024 and troughed at 575.63 in Q2 2023.
- A 5-year average of 266.01 and a median of 105.36 in 2025 frame the typical range for EV to FCF.
- The widest YoY moves for EV to FCF: up 1229.31% in 2023, down 1209.37% in 2023.
- Over 5 years, EV to FCF stood at 50.08 in 2022, then jumped by 1229.31% to 565.51 in 2023, then slumped by 81.17% to 106.5 in 2024, then decreased by 2.14% to 104.22 in 2025, then surged by 180.42% to 292.24 in 2026.
- The last three EV to FCF figures came in at 292.24 (Q2 2026), 213.02 (Q1 2026), and 104.22 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.46 Bn | 15.89 Bn | 1.71 Bn |
| 2 | DraftKings | 11.85 Bn | 10.85 Bn | 551.45 Mn |
| 3 | Super Group (SGHC) | 7.10 Bn | 6.55 Bn | - |
| 4 | Rush Street Interactive | 3.04 Bn | 2.70 Bn | 139.66 Mn |
| 5 | Codere Online Luxembourg | 413.10 Mn | 343.67 Mn | - |
| 6 | Meridian Holdings | 167.18 Mn | 149.86 Mn | 26.85 Mn |
| 7 | High Roller Technologies | 54.90 Mn | 52.24 Mn | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 292.24 |
| Mar 31, 2026 | -213.02 |
| Dec 31, 2025 | 104.22 |
| Sep 30, 2025 | 125.89 |
| Jun 30, 2025 | 254.67 |
| Mar 31, 2025 | -188.99 |
| Dec 31, 2024 | 106.50 |
| Sep 30, 2024 | 315.31 |
| Jun 30, 2024 | 4,097.38 |
| Mar 31, 2024 | -411.13 |
| Dec 31, 2023 | 565.51 |
| Sep 30, 2023 | 193.90 |
| Jun 30, 2023 | -575.63 |
| Mar 31, 2023 | -69.98 |
| Dec 31, 2022 | -50.08 |
| Sep 30, 2022 | 323.21 |
| Jun 30, 2022 | -43.96 |
| Mar 31, 2022 | -37.89 |
| Dec 31, 2021 | -105.81 |
| Sep 30, 2021 | -436.28 |