DraftKings (DKNG) Return on Capital Employed [ROCE] (2022 - 2026)
DraftKings' Return on Capital Employed [ROCE] was -6.65% in Q2 2026, up 3.90 percentage points from -10.55% a year earlier but down 7.92 percentage points from the prior quarter.
DraftKings (DKNG) Return on Capital Employed [ROCE] (2022 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at DraftKings came in at -0.60%, up 24.17 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now increased for three consecutive years, with a three-year change of +53.24 percentage points (FY2022 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was -24.76% in FY2024 (+7.54 pp), -32.31% in FY2023 (+21.53 pp) and -53.83% in FY2022.
- Quarterly Return on Capital Employed [ROCE] has moved between -58.52% (Q1 2022) and 1.27% (Q1 2026) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for 14 straight quarters, with an average year-over-year change of +12.75 percentage points over the last eight quarters.
- Over the past five years, the year-over-year gain in Return on Capital Employed [ROCE] ranged from 3.90 percentage points (Q2 2026) to 30.01 percentage points (Q1 2024).
- Per Business Quant data, DKNG's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 1.27% (Q1 2026), -0.56% (Q4 2025) and -11.06% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 23.78 Bn | 10.19 Bn | 1.48 Bn | 18.16% |
| 2 | DraftKings | 17.20 Bn | 12.86 Bn | 551.45 Mn | -6.65% |
| 3 | Flutter Entertainment | 13.27 Bn | 7.01 Bn | 1.71 Bn | -2.75% |
| 4 | Madison Square Garden Sports | 9.61 Bn | 9.21 Bn | 119.21 Mn | 3.28% |
| 5 | Life Time Group Holdings | 9.01 Bn | 8.24 Bn | 412.26 Mn | 7.26% |
| 6 | Wynn Resorts | 7.99 Bn | 1.55 Bn | 758.95 Mn | 11.51% |
| 7 | MGM Resorts International | 7.66 Bn | -519.56 Mn | 1.98 Bn | 2.72% |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 11.77% |
| 9 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 6.32% |
| 10 | Super Group (SGHC) | 5.75 Bn | 3.74 Bn | - | 39.68% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.65% |
| Mar 31, 2026 | 1.27% |
| Dec 31, 2025 | -0.56% |
| Sep 30, 2025 | -11.06% |
| Jun 30, 2025 | -10.55% |
| Mar 31, 2025 | -17.80% |
| Dec 31, 2024 | -23.21% |
| Sep 30, 2024 | -19.76% |
| Jun 30, 2024 | -19.03% |
| Mar 31, 2024 | -22.14% |
| Dec 31, 2023 | -33.53% |
| Sep 30, 2023 | -44.33% |
| Jun 30, 2023 | -44.16% |
| Mar 31, 2023 | -52.15% |
| Dec 31, 2022 | -52.68% |
| Sep 30, 2022 | -57.08% |
| Jun 30, 2022 | -57.43% |
| Mar 31, 2022 | -58.52% |
DraftKings Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=DKNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "DKNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=DKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();