• 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.
• DraftKings average ebitda margin for 2021 was -114.12%, a 12.44% decline from 2020.

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