DraftKings Inc Cash Flow Conversion Efficiency
DraftKings Inc cash flow conversion efficiency. Based on the latest financial reports, DraftKings Inc (DKNG) has a cash flow conversion efficiency ratio of 0.196x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($111.44 Million) by net assets ($569.43 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of DraftKings Inc (2017–2025)
Cash flow conversion efficiency of DraftKings Inc from 2017 to 2025. This chart illustrates how DraftKings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest DraftKings Inc stock price today for real-time trading data and today's change.
DraftKings Inc Cash Flow Conversion Ratio Explained
DraftKings Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
DraftKings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DraftKings Inc ranked by their cash flow conversion efficiency. Also see market cap of DraftKings Inc for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nordnet AB
ST:SAVE
|
0.990x |
|
Avantor Inc
NYSE:AVTR
|
0.032x |
|
Turkish Airlines
IS:THYAO
|
0.050x |
|
Jefferies Financial Group Inc
NYSE:JEF
|
0.151x |
|
CubeSmart
NYSE:CUBE
|
0.049x |
|
Orient Sec Co Ltd
SHG:600958
|
0.133x |
|
TORAY INDUSTRIES ADR/2
F:6HK
|
N/A |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799
|
0.041x |
Annual Cash Flow Conversion Efficiency for DraftKings Inc (2017–2025)
The table below shows the annual cash flow conversion efficiency of DraftKings Inc from 2017 to 2025. Review DraftKings Inc (DKNG) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $631.46 Million | $662.86 Million | 1.050x | +153.94% |
| 2024-12-31 | $1.01 Billion | $417.77 Million | 0.413x | +19937.87% |
| 2023-12-31 | $840.31 Million | $-1.75 Million | -0.002x | +99.56% |
| 2022-12-31 | $1.32 Billion | $-625.52 Million | -0.473x | -89.22% |
| 2021-12-31 | $1.68 Billion | $-419.51 Million | -0.250x | -94.64% |
| 2020-12-31 | $2.63 Billion | $-337.88 Million | -0.128x | -113.67% |
| 2019-12-31 | $-49.58 Million | $-46.58 Million | 0.939x | +281.78% |
| 2018-12-31 | $-185.23 Million | $-45.58 Million | 0.246x | +100.18% |
| 2017-12-31 | $644.00K | $-88.44 Million | -137.325x | -- |
About DraftKings Inc
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot… Read more