DraftKings
DKNG
$40.85
Share price
-0.87%
Change (1 day)
90.80%
Change (1 year)
Categories
Operating Margin for DraftKings (DKNG)
Operating Margin as of April 2024 (TTM): -38.57%
According to DraftKings's latest financial reports and stock price the company's current Operating Margin is -38.57%. At the end of 2022 the company had an Operating Margin of -64.40%.
Operating Margin history for DraftKings from 2020 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -64.40% | -45% |
| 2021 | -117.10% | -14.77% |
| 2020 | -137.39% | 212.48% |
| 2019 | -43.97% | 30.71% |
| 2018 | -33.64% | -14.35% |
| 2017 | -39.27% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Scientific Games SGMS | 14.23% | -136.89% | 🇺🇸 USA |
 Super Group SGHC | 28.81% | -174.70% | Guernsey |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.