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DraftKings (DraftKings) Price-to-Free-Cash-Flow : 2,410.00 (As of May. 21, 2024)


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What is DraftKings Price-to-Free-Cash-Flow?

As of today (2024-05-21), DraftKings's share price is $43.38. DraftKings's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $0.02. Hence, DraftKings's Price-to-Free-Cash-Flow Ratio for today is 2,410.00.

The historical rank and industry rank for DraftKings's Price-to-Free-Cash-Flow or its related term are showing as below:

DKNG' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 2260   Med: 2430   Max: 2622.22
Current: 2484.44

During the past 7 years, DraftKings's highest Price-to-Free-Cash-Flow Ratio was 2622.22. The lowest was 2260.00. And the median was 2430.00.

DKNG's Price-to-Free-Cash-Flow is ranked worse than
99.47% of 561 companies
in the Travel & Leisure industry
Industry Median: 14.73 vs DKNG: 2484.44

DraftKings's Free Cash Flow per Share for the three months ended in Mar. 2024 was $-0.23. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $0.02.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 31.80% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -5.80% per year.

During the past 7 years, DraftKings's highest 3-Year average Free Cash Flow per Share Growth Rate was 31.80% per year. The lowest was -51.40% per year. And the median was -31.70% per year.


DraftKings Price-to-Free-Cash-Flow Historical Data

The historical data trend for DraftKings's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DraftKings Price-to-Free-Cash-Flow Chart

DraftKings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial - - - - -

DraftKings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 2,522.78

Competitive Comparison of DraftKings's Price-to-Free-Cash-Flow

For the Gambling subindustry, DraftKings's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DraftKings's Price-to-Free-Cash-Flow Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DraftKings's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where DraftKings's Price-to-Free-Cash-Flow falls into.



DraftKings Price-to-Free-Cash-Flow Calculation

DraftKings's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=43.38/0.018
=2,410.00

DraftKings's Share Price of today is $43.38.
DraftKings's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

DraftKings  (NAS:DKNG) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


DraftKings Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of DraftKings's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


DraftKings (DraftKings) Business Description

Traded in Other Exchanges
Address
222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online sports betting in 21 states (44% of the U.S. population) and iGaming in five states (11% of U.S.), with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.
Executives
Jason Robins director, officer: See Remarks 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Matthew Kalish director, officer: See Remarks 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Paul Liberman director, officer: See Remarks 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
R Stanton Dodge officer: Chief Legal Officer ECHOSTAR CORPORATION, 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Jason Park officer: Chief Financial Officer 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Erik Bradbury officer: Chief Accounting Officer 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marni M Walden director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Shalom Meckenzie director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Ryan R Moore director 56 WAREHAM STREET, 3RD FLOOR, BOSTON MA 02118
Jocelyn Moore director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Steven Joseph Murray director C/O SOFTBANK CAPITAL, 38 GLEN AVENUE, NEWTON MA 02459
Woodrow Levin director 535 MISSION STREET, 11TH FLOOR, SAN FRANSISCO CA 941105
Harry Sloan director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Valerie Mosley director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Hany M Nada director 800 MARKET STREET #800 SAN FRANCISCO CA 94102