DraftKings Inc (DKNG) - Cash Flow Conversion Efficiency
Based on the latest financial reports, DraftKings Inc (DKNG) has a cash flow conversion efficiency ratio of -0.080x as of March 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 ($-48.44 Million) by net assets ($605.05 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See DraftKings Inc (DKNG) net asset quality to measure how much of total assets are equity-financed.
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. Check DraftKings Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
DraftKings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DraftKings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dynatrace Holdings LLC
NYSE:DT
|
0.086x |
|
Ambuja Cements Limited
NSE:AMBUJACEM
|
0.020x |
|
Jazz Pharmaceuticals plc
F:J7Z
|
0.090x |
|
Industrivarden AB ser. A
ST:INDU-A
|
0.000x |
|
Western Mining Co Ltd
SHG:601168
|
0.053x |
|
Krung Thai Bank Public Company Limited
F:NVPB
|
0.153x |
|
The J. M. Smucker Company
NYSE:SJM
|
0.057x |
|
Yara International ASA
OL:YAR
|
0.057x |
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. For the full company profile with market capitalisation and key ratios, see market cap of DraftKings Inc.
| 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