• DraftKings average ebitda margin for 2024 was -6.84%, a 76.82% decline from 2023.
• DraftKings average ebitda margin for 2023 was -29.51%, a 67.09% decline from 2022.
• DraftKings average ebitda margin for 2022 was -89.66%, a 21.43% decline from 2021.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.