DraftKings Return On Tangible Equity 2019-2024 | DKNG

DraftKings return on tangible equity for the quarter ending September 30, 2024 was 43.38.

  • DraftKings average return on tangible equity for 2023 was 248.82, a 260.61% decline from 2022.
  • DraftKings average return on tangible equity for 2022 was 69, a 150.64% increase from 2021.
  • DraftKings average return on tangible equity for 2021 was -136.26, a 93.69% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.

DraftKings Return On Tangible Equity 2019-2024 | DKNG

  • DraftKings average return on tangible equity for 2023 was 248.82, a 260.61% decline from 2022.
  • DraftKings average return on tangible equity for 2022 was 69, a 150.64% increase from 2021.
  • DraftKings average return on tangible equity for 2021 was -136.26, a 93.69% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.