DraftKings (DKNG) Return on Equity [ROE] (2021 - 2026)
DraftKings' Return on Equity [ROE] came in at -29.81% for Q2 2026, up 2.45 percentage points from -32.26% a year earlier but down 38.40 percentage points from the prior quarter.
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Analysis
DraftKings (DKNG) Return on Equity [ROE] (2021 - 2026) Analysis & Trends
For FY2025, DraftKings' Return on Equity [ROE] was 0.33%, up 55.10 percentage points from FY2024.
- Return on Equity [ROE] has increased in each of the last three years, with a four-year change of +71.14 percentage points (FY2021 to FY2025).
- Going back by year, Return on Equity [ROE] was -54.76% in FY2024 (+19.34 pp), -74.10% in FY2023 (+17.53 pp), -91.64% in FY2022 (-20.83 pp) and -70.81% in FY2021.
- The five-year range for quarterly Return on Equity [ROE] is -114.59% (Q2 2023) to 8.59% (Q1 2026).
- Year-over-year, Return on Equity [ROE] has increased for 11 consecutive quarters, with an average year-over-year change of +32.43 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q2 2024 (a gain of 76.43 percentage points), and the weakest in Q3 2023 (a drop of 18.40 percentage points).
- Business Quant data shows DKNG's Return on Equity [ROE] at 8.59% (Q1 2026), 0.40% (Q4 2025) and -30.83% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn | - |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - | 23.18% |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn | 656.06% |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn | -107.50% |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn | -14.30% |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn | 12.41% |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn | 27.30% |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn | - |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 80.00% |
| 10 | Churchill Downs | 6.99 Bn | 6.25 Bn | 207.00 Mn | 33.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -107.50% |
| Jun 30, 2026 | -29.81% |
| Mar 31, 2026 | 8.59% |
| Dec 31, 2025 | 0.40% |
| Sep 30, 2025 | -30.83% |
| Jun 30, 2025 | -32.26% |
| Mar 31, 2025 | -42.23% |
| Dec 31, 2024 | -48.57% |
| Sep 30, 2024 | -35.10% |
| Jun 30, 2024 | -38.16% |
| Mar 31, 2024 | -65.49% |
| Dec 31, 2023 | -97.63% |
| Sep 30, 2023 | -109.82% |
| Jun 30, 2023 | -114.59% |
| Mar 31, 2023 | -111.67% |
| Dec 31, 2022 | -99.72% |
| Sep 30, 2022 | -91.43% |
| Jun 30, 2022 | -98.86% |
| Mar 31, 2022 | -107.38% |
| Dec 31, 2021 | -87.08% |
API Access
DraftKings Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=DKNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=DKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();