DraftKings Inc. (DKNG)

DraftKings Statistics

Total Valuation

DraftKings has a market cap or net worth of $18.75 billion. The enterprise value is $19.22 billion.

Market Cap	18.75B
Enterprise Value	19.22B

Important Dates

The next estimated earnings date is Thursday, February 13, 2025, after market close.

Earnings Date	Feb 13, 2025
Ex-Dividend Date	n/a

Share Statistics

DraftKings has 487.63 million shares outstanding. The number of shares has increased by 4.18% in one year.

Current Share Class	487.63M
Shares Outstanding	487.63M
Shares Change (YoY)	+4.18%
Shares Change (QoQ)	-6.28%
Owned by Insiders (%)	2.17%
Owned by Institutions (%)	79.19%
Float	476.83M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	3.99
Forward PS	3.14
PB Ratio	17.46
P/TBV Ratio	n/a
P/FCF Ratio	120.62
P/OCF Ratio	113.91
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	4.17
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	123.61

Financial Position

The company has a current ratio of 1.00, with a Debt / Equity ratio of 1.25.

Current Ratio	1.00
Quick Ratio	0.57
Debt / Equity	1.25
Debt / EBITDA	n/a
Debt / FCF	8.64
Interest Coverage	-156.24

Financial Efficiency

Return on equity (ROE) is -44.43% and return on invested capital (ROIC) is -12.36%.

Return on Equity (ROE)	-44.43%
Return on Assets (ROA)	-6.93%
Return on Capital (ROIC)	-12.36%
Revenue Per Employee	$1.10M
Profits Per Employee	-$99,299
Employee Count	4,200
Asset Turnover	1.13
Inventory Turnover	n/a

Taxes

Income Tax	-68.35M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +7.67% in the last 52 weeks. The beta is 1.86, so DraftKings's price volatility has been higher than the market average.

Beta (5Y)	1.86
52-Week Price Change	+7.67%
50-Day Moving Average	40.16
200-Day Moving Average	39.48
Relative Strength Index (RSI)	39.78
Average Volume (20 Days)	7,658,562

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, DraftKings had revenue of $4.61 billion and -$417.06 million in losses. Loss per share was -$0.87.

Revenue	4.61B
Gross Profit	1.77B
Operating Income	-451.06M
Pretax Income	-472.24M
Net Income	-417.06M
EBITDA	-191.10M
EBIT	-451.06M
Loss Per Share	-$0.87

Balance Sheet

The company has $877.82 million in cash and $1.34 billion in debt, giving a net cash position of -$464.97 million or -$0.95 per share.

Cash & Cash Equivalents	877.82M
Total Debt	1.34B
Net Cash	-464.97M
Net Cash Per Share	-$0.95
Equity (Book Value)	1.08B
Book Value Per Share	2.21
Working Capital	-2.84M

Cash Flow

In the last 12 months, operating cash flow was $164.65 million and capital expenditures -$9.17 million, giving a free cash flow of $155.48 million.

Operating Cash Flow	164.65M
Capital Expenditures	-9.17M
Free Cash Flow	155.48M
FCF Per Share	$0.32

Margins

Gross margin is 38.50%, with operating and profit margins of -9.79% and -9.06%.

Gross Margin	38.50%
Operating Margin	-9.79%
Pretax Margin	-10.54%
Profit Margin	-9.06%
EBITDA Margin	-4.15%
EBIT Margin	-9.79%
FCF Margin	3.38%

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	-4.18%
Earnings Yield	-2.22%
FCF Yield	0.83%

Analyst Forecast

The average price target for DraftKings is $50.72, which is 31.88% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$50.72
Price Target Difference	31.88%
Analyst Consensus	Strong Buy
Analyst Count	25
Revenue Growth Forecast (5Y)	20.72%
EPS Growth Forecast (5Y)	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 2.04 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	2.04
Piotroski F-Score	4