DraftKings Inc (DKNG) - 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. Also see DKNG company net worth for the company's overall valuation and market capitalisation.
DraftKings Inc - Cash Flow Conversion Efficiency Trend (2017–2025)
This chart illustrates how DraftKings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
DraftKings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DraftKings Inc ranked by their cash flow conversion efficiency. Explore DraftKings Inc cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Belimo Holding
SW:BEAN
|
0.172x |
|
HudBay Minerals Inc
TO:HBM
|
0.052x |
|
Industrial Bank Of Korea
KO:024110
|
0.054x |
|
Advanced Fiber Resources Zhuhai Ltd
SHE:300620
|
0.073x |
|
Nexchip Semiconductor Corp. A
SHG:688249
|
N/A |
|
Aurobindo Pharma Limited
NSE:AUROPHARMA
|
0.076x |
|
The Cooper Companies, Inc
NASDAQ:COO
|
0.031x |
|
United Spirits Limited
NSE:MCDOWELL-N
|
0.112x |
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. View DraftKings Inc (DKNG) share price today for real-time trading data and today's change.
| 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