DraftKings (DKNG) Return on Capital Employed [ROCE] (2022 - 2026)
DraftKings' Return on Capital Employed [ROCE] was -15.96% in Q3 2026, down 4.90 percentage points from -11.06% a year earlier and down 9.31 percentage points from the prior quarter.
Powered by 
Analysis
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.
- The Q3 2026 figure marks the lowest quarterly Return on Capital Employed [ROCE] since Q1 2025.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in seven of the last eight quarters, with an average year-over-year change of +9.07 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2024 (a gain of 30.01 percentage points); the worst was Q3 2026 (a drop of 4.90 percentage points).
- Per Business Quant data, DKNG's Return on Capital Employed [ROCE] in the three quarters before Q3 2026 was -6.65% (Q2 2026), 1.27% (Q1 2026) and -0.56% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 43.71 Bn | 37.08 Bn | 655.12 Mn | 9.86% |
| 2 | Vail Resorts | 27.65 Bn | 26.37 Bn | - | 9.33% |
| 3 | Las Vegas Sands | 25.32 Bn | 12.14 Bn | 1.47 Bn | 18.93% |
| 4 | DraftKings | 16.83 Bn | 12.62 Bn | 429.05 Mn | -15.96% |
| 5 | Flutter Entertainment | 14.10 Bn | 7.73 Bn | 1.52 Bn | -4.45% |
| 6 | Life Time Group Holdings | 10.44 Bn | 9.61 Bn | 419.01 Mn | 7.34% |
| 7 | MGM Resorts International | 8.43 Bn | -8.70 Mn | 1.73 Bn | 3.44% |
| 8 | MSG Knickerbockers | 7.58 Bn | 7.19 Bn | 36.67 Mn | 3.51% |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 12.02% |
| 10 | Churchill Downs | 6.84 Bn | 6.10 Bn | 207.00 Mn | 12.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -15.96% |
| 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% |
API Access
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_KEYimport 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();