DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
40.51
+0.91 (2.30%)
At close: Jun 20, 2025, 4:00 PM
40.59
+0.08 (0.20%)
After-hours: Jun 20, 2025, 7:59 PM EDT

DraftKings Statistics

Total Valuation

DraftKings has a market cap or net worth of $20.10 billion. The enterprise value is $20.90 billion.

Market Cap 20.10B
Enterprise Value 20.90B

Important Dates

The next estimated earnings date is Thursday, July 31, 2025, after market close.

Earnings Date Jul 31, 2025
Ex-Dividend Date n/a

Share Statistics

DraftKings has 496.29 million shares outstanding. The number of shares has increased by 4.14% in one year.

Current Share Class 496.29M
Shares Outstanding 496.29M
Shares Change (YoY) +4.14%
Shares Change (QoQ) +1.09%
Owned by Insiders (%) 2.33%
Owned by Institutions (%) 84.95%
Float 484.53M

Valuation Ratios

PE Ratio n/a
Forward PE 66.08
PS Ratio 3.94
Forward PS 2.97
PB Ratio 23.03
P/TBV Ratio n/a
P/FCF Ratio 55.95
P/OCF Ratio 54.46
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 4.18
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 58.17

Financial Position

The company has a current ratio of 1.20, with a Debt / Equity ratio of 2.20.

Current Ratio 1.20
Quick Ratio 0.79
Debt / Equity 2.20
Debt / EBITDA n/a
Debt / FCF 5.34
Interest Coverage -68.15

Financial Efficiency

Return on equity (ROE) is -46.78% and return on invested capital (ROIC) is -12.70%.

Return on Equity (ROE) -46.78%
Return on Assets (ROA) -7.58%
Return on Invested Capital (ROIC) -12.70%
Return on Capital Employed (ROCE) -16.73%
Revenue Per Employee $980,688
Profits Per Employee -$78,153
Employee Count 5,100
Asset Turnover 1.20
Inventory Turnover n/a

Taxes

Income Tax -91.59M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -6.34% in the last 52 weeks. The beta is 1.64, so DraftKings's price volatility has been higher than the market average.

Beta (5Y) 1.64
52-Week Price Change -6.34%
50-Day Moving Average 35.44
200-Day Moving Average 38.66
Relative Strength Index (RSI) 67.02
Average Volume (20 Days) 9,855,318

Short Selling Information

The latest short interest is 26.98 million, so 5.44% of the outstanding shares have been sold short.

Short Interest 26.98M
Short Previous Month 24.88M
Short % of Shares Out 5.44%
Short % of Float 5.57%
Short Ratio (days to cover) 2.60

Income Statement

In the last 12 months, DraftKings had revenue of $5.00 billion and -$398.58 million in losses. Loss per share was -$0.82.

Revenue 5.00B
Gross Profit 1.92B
Operating Income -504.62M
Pretax Income -472.24M
Net Income -398.58M
EBITDA -216.83M
EBIT -504.62M
Loss Per Share -$0.82
Full Income Statement

Balance Sheet

The company has $1.12 billion in cash and $1.92 billion in debt, giving a net cash position of -$799.20 million or -$1.61 per share.

Cash & Cash Equivalents 1.12B
Total Debt 1.92B
Net Cash -799.20M
Net Cash Per Share -$1.61
Equity (Book Value) 872.92M
Book Value Per Share 1.76
Working Capital 301.93M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $369.15 million and capital expenditures -$9.80 million, giving a free cash flow of $359.35 million.

Operating Cash Flow 369.15M
Capital Expenditures -9.80M
Free Cash Flow 359.35M
FCF Per Share $0.72
Full Cash Flow Statement

Margins

Gross margin is 38.33%, with operating and profit margins of -10.09% and -7.97%.

Gross Margin 38.33%
Operating Margin -10.09%
Pretax Margin -9.80%
Profit Margin -7.97%
EBITDA Margin -4.34%
EBIT Margin -10.09%
FCF Margin 7.18%

Dividends & Yields

DraftKings does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -4.14%
Shareholder Yield -4.14%
Earnings Yield -1.98%
FCF Yield 1.79%
Dividend Details

Analyst Forecast

The average price target for DraftKings is $54.54, which is 34.63% higher than the current price. The consensus rating is "Strong Buy".

Price Target $54.54
Price Target Difference 34.63%
Analyst Consensus Strong Buy
Analyst Count 24
Revenue Growth Forecast (5Y) 18.83%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

DraftKings has an Altman Z-Score of 1.97 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.97
Piotroski F-Score 3