DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
24.90
+1.09 (4.58%)
May 27, 2026, 1:05 PM EDT - Market open

DraftKings Statistics

Total Valuation

DraftKings has a market cap or net worth of $12.35 billion. The enterprise value is $12.73 billion.

Market Cap12.35B
Enterprise Value 12.73B

Important Dates

The last earnings date was Thursday, May 7, 2026, after market close.

Earnings Date May 7, 2026
Ex-Dividend Date n/a

Share Statistics

DraftKings has 496.13 million shares outstanding. The number of shares has increased by 2.77% in one year.

Current Share Class 496.13M
Shares Outstanding 496.13M
Shares Change (YoY) +2.77%
Shares Change (QoQ) -6.43%
Owned by Insiders (%) 2.90%
Owned by Institutions (%) 80.55%
Float 481.55M

Valuation Ratios

The trailing PE ratio is 259.95 and the forward PE ratio is 55.84.

PE Ratio 259.95
Forward PE 55.84
PS Ratio 1.88
Forward PS 1.65
PB Ratio 19.51
P/TBV Ratio n/a
P/FCF Ratio 16.55
P/OCF Ratio 16.11
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 38.98, with an EV/FCF ratio of 17.84.

EV / Earnings 217.09
EV / Sales 2.02
EV / EBITDA 38.98
EV / EBIT 256.81
EV / FCF 17.84

Financial Position

The company has a current ratio of 1.02, with a Debt / Equity ratio of 3.17.

Current Ratio 1.02
Quick Ratio 0.70
Debt / Equity 3.17
Debt / EBITDA 5.47
Debt / FCF 2.69
Interest Coverage 1.65

Financial Efficiency

Return on equity (ROE) is 7.94% and return on invested capital (ROIC) is 2.66%.

Return on Equity (ROE) 7.94%
Return on Assets (ROA) 0.70%
Return on Invested Capital (ROIC) 2.66%
Return on Capital Employed (ROCE) 1.80%
Weighted Average Cost of Capital (WACC) 11.71%
Revenue Per Employee $1.23M
Profits Per Employee $11,499
Employee Count5,100
Asset Turnover 1.43
Inventory Turnover n/a

Taxes

In the past 12 months, DraftKings has paid $16.24 million in taxes.

Income Tax 16.24M
Effective Tax Rate 21.69%

Stock Price Statistics

The stock price has decreased by -28.96% in the last 52 weeks. The beta is 1.67, so DraftKings's price volatility has been higher than the market average.

Beta (5Y) 1.67
52-Week Price Change -28.96%
50-Day Moving Average 23.60
200-Day Moving Average 31.49
Relative Strength Index (RSI) 53.54
Average Volume (20 Days) 11,356,775

Short Selling Information

The latest short interest is 36.09 million, so 7.27% of the outstanding shares have been sold short.

Short Interest 36.09M
Short Previous Month 40.96M
Short % of Shares Out 7.27%
Short % of Float 7.49%
Short Ratio (days to cover) 3.22

Income Statement

In the last 12 months, DraftKings had revenue of $6.29 billion and earned $58.64 million in profits. Earnings per share was $0.09.

Revenue6.29B
Gross Profit 4.83B
Operating Income 49.57M
Pretax Income 74.89M
Net Income 58.64M
EBITDA 326.61M
EBIT 49.57M
Earnings Per Share (EPS) $0.09
Full Income Statement

Balance Sheet

The company has $999.40 million in cash and $1.92 billion in debt, with a net cash position of -$918.45 million or -$1.85 per share.

Cash & Cash Equivalents 999.40M
Total Debt 1.92B
Net Cash -918.45M
Net Cash Per Share -$1.85
Equity (Book Value) 605.05M
Book Value Per Share 1.22
Working Capital 29.31M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $733.43 million and capital expenditures -$19.79 million, giving a free cash flow of $713.64 million.

Operating Cash Flow 733.43M
Capital Expenditures -19.79M
Depreciation & Amortization 277.03M
Net Borrowing -6.00M
Free Cash Flow 713.64M
FCF Per Share $1.44
Full Cash Flow Statement

Margins

Gross margin is 76.70%, with operating and profit margins of 0.79% and 0.93%.

Gross Margin 76.70%
Operating Margin 0.79%
Pretax Margin 1.19%
Profit Margin 0.93%
EBITDA Margin 5.19%
EBIT Margin 0.79%
FCF Margin 11.34%

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 -2.77%
Shareholder Yield -2.77%
Earnings Yield 0.50%
FCF Yield 6.04%
Dividend Details

Analyst Forecast

The average price target for DraftKings is $34.67, which is 39.24% higher than the current price. The consensus rating is "Buy".

Price Target $34.67
Price Target Difference 39.24%
Analyst Consensus Buy
Analyst Count 35
Revenue Growth Forecast (5Y) 9.08%
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
Graham Upside

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 2.25 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.25
Piotroski F-Score 6