DraftKings Inc. Cash Return on Invested Capital (CROIC)
| Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|
| Cash Return on Invested Capital (CROIC) | (3,072.9%) | (104.0%) | (70.5%) | (43.4%) | (30.9%) | (34.4%) | (5.1%) | 17.5% |
DraftKings Inc. (DKNG) Cash Return on Invested Capital (CROIC) comparison analysis
General
LTM Cash Return on Invested Capital (CROIC)
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
DKNG key stats
| Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|
% growth | 191.8 0.0% | 226.3 17.9% | 323.4 42.9% | 614.5 90.0% | 1,296.0 110.9% | 2,240.5 72.9% | 3,665.4 63.6% | 4,767.7 30.1% |
| Cost of Goods Sold (COGS) | 31.8 | 48.7 | 103.9 | 346.6 | 794.2 | 1,484.3 | 2,292.2 | 2,950.6 |
% margin | 160.1 83.5% | 177.6 78.5% | 219.5 67.9% | 267.9 43.6% | 501.9 38.7% | 756.2 33.8% | 1,373.2 37.5% | 1,817.1 38.1% |
| Operating Expenses | 233.3 | 254.4 | 366.1 | 1,111.2 | 2,063.5 | 2,267.9 | 2,162.4 | 2,426.1 |
| Research & Development Expenses (R&D) | 20.2 | 32.9 | 55.9 | 168.6 | 253.7 | 318.2 | 355.2 | 397.1 |
| Selling, General & Administrative Expenses (SG&A) | 213.1 | 221.5 | 310.1 | 942.6 | 1,809.8 | 1,949.7 | 1,804.2 | 2,029.0 |
% margin | (73.2) (38.2%) | (76.8) (33.9%) | (146.5) (45.3%) | (843.3) (137.2%) | (1,561.6) (120.5%) | (1,511.8) (67.5%) | (789.2) (21.5%) | (609.0) (12.8%) |
| Interest Income | 0.0 | 0.0 | 1.3 | 1.1 | 2.0 | 18.7 | 58.4 | 47.3 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 1.1 | 2.0 | 18.7 | 2.7 | 3.0 |
| Pre-tax Income | (75.3) | (76.1) | (142.2) | (844.3) | (1,517.6) | (1,443.0) | (791.3) | (593.2) |
% effective tax rate | 0.2 (0.3%) | 0.1 (0.1%) | 0.1 (0.0%) | (0.6) 0.1% | 8.3 (0.5%) | (67.9) 4.7% | 10.2 (1.3%) | (86.3) 14.6% |
% margin | (75.6) (39.4%) | (76.2) (33.7%) | (142.3) (44.0%) | (843.7) (137.3%) | (1,525.9) (117.7%) | (1,375.1) (61.4%) | (802.1) (21.9%) | (507.3) (10.6%) |
| EPS | (0.41) | (0.41) | (0.77) | (2.76) | (3.79) | (3.15) | (1.73) | (1.05) |
| Diluted EPS | (0.41) | (0.41) | (0.77) | (2.76) | (3.79) | (3.15) | (1.73) | (1.05) |
% margin | (66.9) (34.9%) | (69.3) (30.6%) | (128.6) (39.8%) | (729.4) (118.7%) | (1,396.5) (107.8%) | (1,273.7) (56.9%) | (586.7) (16.0%) | (311.8) (6.5%) |
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FAQ
1) What is DraftKings Inc.'s Cash Return on Invested Capital (CROIC)?
As of today, Microsoft Corp's last 12-month Cash Return on Invested Capital (CROIC) is 15.8%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Cash Return on Invested Capital (CROIC) for DraftKings Inc. have been (22.6%) over the past three years, and (32.6%) over the past five years.
2) Is DraftKings Inc.'s Cash Return on Invested Capital (CROIC) Good?
As of today, DraftKings Inc.'s Cash Return on Invested Capital (CROIC) is 15.8%, which is higher than industry median of 3.2%. It indicates that DraftKings Inc.'s Cash Return on Invested Capital (CROIC) is Good.