Growth Metrics

DraftKings (DKNG) FCF Margin (2021 - 2025)

DraftKings (DKNG) has disclosed FCF Margin for 5 consecutive years, with 10.09% as the latest value for Q4 2025.

  • On a quarterly basis, FCF Margin fell 1763.0% to 10.09% in Q4 2025 year-over-year; TTM through Dec 2025 was 8.78%, a 23.0% increase, with the full-year FY2025 number at 8.78%, up 23.0% from a year prior.
  • FCF Margin was 10.09% for Q4 2025 at DraftKings, down from 24.74% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 27.72% in Q4 2024 to a low of 88.66% in Q1 2022.
  • A 5-year average of 11.07% and a median of 5.12% in 2023 define the central range for FCF Margin.
  • Peak YoY movement for FCF Margin: tumbled -6675bps in 2022, then soared 6156bps in 2023.
  • DraftKings' FCF Margin stood at 43.86% in 2021, then skyrocketed by 64bps to 15.71% in 2022, then soared by 106bps to 0.94% in 2023, then skyrocketed by 2848bps to 27.72% in 2024, then tumbled by -64bps to 10.09% in 2025.
  • Per Business Quant, the three most recent readings for DKNG's FCF Margin are 10.09% (Q4 2025), 24.74% (Q3 2025), and 11.21% (Q2 2025).