DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
39.41
-0.69 (-1.72%)
Mar 7, 2025, 4:00 PM EST - Market closed

DraftKings Statistics

Total Valuation

DraftKings has a market cap or net worth of $19.31 billion. The enterprise value is $19.86 billion.

Market Cap 19.31B
Enterprise Value 19.86B

Important Dates

The next estimated earnings date is Thursday, May 1, 2025, after market close.

Earnings Date May 1, 2025
Ex-Dividend Date n/a

Share Statistics

DraftKings has 489.96 million shares outstanding. The number of shares has increased by 4.18% in one year.

Current Share Class 489.96M
Shares Outstanding 489.96M
Shares Change (YoY) +4.18%
Shares Change (QoQ) +0.37%
Owned by Insiders (%) 2.47%
Owned by Institutions (%) 82.21%
Float 477.63M

Valuation Ratios

PE Ratio n/a
Forward PE 69.02
PS Ratio 3.98
Forward PS 2.93
PB Ratio 19.07
P/TBV Ratio n/a
P/FCF Ratio 47.37
P/OCF Ratio 46.22
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 4.16
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 48.72

Financial Position

The company has a current ratio of 0.93, with a Debt / Equity ratio of 1.32.

Current Ratio 0.93
Quick Ratio 0.51
Debt / Equity 1.32
Debt / EBITDA n/a
Debt / FCF 3.28
Interest Coverage -196.90

Financial Efficiency

Return on equity (ROE) is -54.81% and return on invested capital (ROIC) is -16.07%.

Return on Equity (ROE) -54.81%
Return on Assets (ROA) -8.85%
Return on Invested Capital (ROIC) -16.07%
Return on Capital Employed (ROCE) -22.16%
Revenue Per Employee $1.14M
Profits Per Employee -$120,782
Employee Count 4,200
Asset Turnover 1.16
Inventory Turnover n/a

Taxes

Income Tax -86.34M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -5.33% in the last 52 weeks. The beta is 2.07, so DraftKings's price volatility has been higher than the market average.

Beta (5Y) 2.07
52-Week Price Change -5.33%
50-Day Moving Average 41.76
200-Day Moving Average 39.02
Relative Strength Index (RSI) 40.00
Average Volume (20 Days) 14,671,279

Short Selling Information

The latest short interest is 26.92 million, so 5.49% of the outstanding shares have been sold short.

Short Interest 26.92M
Short Previous Month 22.14M
Short % of Shares Out 5.49%
Short % of Float 5.64%
Short Ratio (days to cover) 2.79

Income Statement

In the last 12 months, DraftKings had revenue of $4.77 billion and -$507.29 million in losses. Loss per share was -$1.05.

Revenue 4.77B
Gross Profit 1.82B
Operating Income -582.61M
Pretax Income -472.24M
Net Income -507.29M
EBITDA -311.76M
EBIT -582.61M
Loss Per Share -$1.05
Full Income Statement

Balance Sheet

The company has $788.29 million in cash and $1.34 billion in debt, giving a net cash position of -$546.80 million or -$1.12 per share.

Cash & Cash Equivalents 788.29M
Total Debt 1.34B
Net Cash -546.80M
Net Cash Per Share -$1.12
Equity (Book Value) 1.01B
Book Value Per Share 2.07
Working Capital -121.23M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $417.77 million and capital expenditures -$10.18 million, giving a free cash flow of $407.59 million.

Operating Cash Flow 417.77M
Capital Expenditures -10.18M
Free Cash Flow 407.59M
FCF Per Share $0.83
Full Cash Flow Statement

Margins

Gross margin is 38.11%, with operating and profit margins of -12.22% and -10.64%.

Gross Margin 38.11%
Operating Margin -12.22%
Pretax Margin -12.45%
Profit Margin -10.64%
EBITDA Margin -6.54%
EBIT Margin -12.22%
FCF Margin 8.55%

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 -4.18%
Shareholder Yield n/a
Earnings Yield -2.63%
FCF Yield 2.11%
Dividend Details

Analyst Forecast

The average price target for DraftKings is $55.19, which is 40.04% higher than the current price. The consensus rating is "Strong Buy".

Price Target $55.19
Price Target Difference 40.04%
Analyst Consensus Strong Buy
Analyst Count 26
Revenue Growth Forecast (5Y) 18.94%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 2 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2
Piotroski F-Score 4