Growth Metrics

DraftKings (DKNG) Invested Capital (2021 - 2025)

DraftKings (DKNG) has disclosed Invested Capital for 5 consecutive years, with $631.5 million as the latest value for Q4 2025.

  • Quarterly Invested Capital fell 37.52% to $631.5 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $631.5 million through Dec 2025, down 37.52% year-over-year, with the annual reading at $631.5 million for FY2025, 37.52% down from the prior year.
  • Invested Capital for Q4 2025 was $631.5 million at DraftKings, down from $732.3 million in the prior quarter.
  • The five-year high for Invested Capital was $2.3 billion in Q1 2021, with the low at $631.5 million in Q4 2025.
  • Average Invested Capital over 5 years is $1.3 billion, with a median of $1.0 billion recorded in 2023.
  • The sharpest move saw Invested Capital plummeted 44.16% in 2023, then surged 34.28% in 2024.
  • Over 5 years, Invested Capital stood at $1.7 billion in 2021, then dropped by 21.2% to $1.3 billion in 2022, then tumbled by 36.47% to $840.3 million in 2023, then rose by 20.27% to $1.0 billion in 2024, then tumbled by 37.52% to $631.5 million in 2025.
  • According to Business Quant data, Invested Capital over the past three periods came in at $631.5 million, $732.3 million, and $1.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.