DraftKings Inc. (DKNG)
NASDAQ: DKNG · Real-Time Price · USD
25.52
+0.30 (1.19%)
At close: May 8, 2026, 4:00 PM EDT
25.72
+0.20 (0.78%)
After-hours: May 8, 2026, 7:58 PM EDT

DraftKings Statistics

Total Valuation

DraftKings has a market cap or net worth of $12.65 billion. The enterprise value is $13.57 billion.

Market Cap12.65B
Enterprise Value 13.57B

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 495.76 million shares outstanding. The number of shares has increased by 12.62% in one year.

Current Share Class 495.76M
Shares Outstanding 495.76M
Shares Change (YoY) +12.62%
Shares Change (QoQ) +28.70%
Owned by Insiders (%) 2.89%
Owned by Institutions (%) 87.59%
Float 481.22M

Valuation Ratios

The trailing PE ratio is 271.28 and the forward PE ratio is 57.99.

PE Ratio 271.28
Forward PE 57.99
PS Ratio 2.01
Forward PS 1.76
PB Ratio 20.91
P/TBV Ratio n/a
P/FCF Ratio 17.73
P/OCF Ratio 17.25
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 41.55, with an EV/FCF ratio of 19.02.

EV / Earnings 231.40
EV / Sales 2.16
EV / EBITDA 41.55
EV / EBIT 273.74
EV / FCF 19.02

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 5.38
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) 11.81%
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 -26.39% 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 -26.39%
50-Day Moving Average 23.61
200-Day Moving Average 32.67
Relative Strength Index (RSI) 64.89
Average Volume (20 Days) 12,285,268

Short Selling Information

The latest short interest is 40.96 million, so 8.26% of the outstanding shares have been sold short.

Short Interest 40.96M
Short Previous Month 36.49M
Short % of Shares Out 8.26%
Short % of Float 8.51%
Short Ratio (days to cover) 3.09

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 4.74B
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 75.33%, with operating and profit margins of 0.79% and 0.93%.

Gross Margin 75.33%
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 -12.62%
Shareholder Yield -12.62%
Earnings Yield 0.46%
FCF Yield 5.64%
Dividend Details

Analyst Forecast

The average price target for DraftKings is $37.34, which is 46.32% higher than the current price. The consensus rating is "Strong Buy".

Price Target $37.34
Price Target Difference 46.32%
Analyst Consensus Strong Buy
Analyst Count 30
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 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.25
Piotroski F-Score 7