DraftKings price to free cash flow DKNG
Market value divided by free cash flow over the last twelve months, since 2024.
- Today, Oct 23, 2026
- 28.6×
- 2-year median
- 77.5×
- Against its 2-year history
- 3rd
- percentile: 0 is its lowest day, 100 its highest
- 2-year range
- 25.4× to 342×
- Peer median
- 19.6×
DraftKings' price to free cash flow is 28.6× as of Oct 23, 2026.
That is below its 2-year median of 77.5×, lower than on 97% of days in the last 2 years.
Over that time it ranged from 25.4× in Oct 2026 to 342× in May 2024.
The median for 10 entertainment stocks of a similar size is 19.6×.
Price to free cash flow over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 28.6× | 25.4× | 48.6× |
| 2025 | 47.5× | 40.3× | 239× |
| 2024 | 215× | 167× | 342× |
Against its peers
Companies in Entertainment nearest DraftKings' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| DKNGDraftKings | 28.6× |
| WMGWarner Music | 19.3× |
| FWONKLiberty Media | 26.6× |
| ROKURoku | 33.2× |
| FOXAFox | 19.0× |
| TKOTKO | 19.6× |
| LYVLive Nation Entertainment | 29.6× |
| CHDNChurchill Downs | 8.1× |
| MTNVail Resorts | 21.1× |
| NXSTNexstar Media | 6.9× |
| CNKCinemark | n/m |
| Peer median | 19.6× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on DraftKings
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.