DraftKings Statistics
Total Valuation
DraftKings has a market cap or net worth of $19.60 billion. The enterprise value is $19.32 billion.
| Market Cap | 19.60B |
| Enterprise Value | 19.32B |
Important Dates
The next confirmed earnings date is Thursday, May 2, 2024, after market close.
| Earnings Date | May 2, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
DraftKings has 473.62 million shares outstanding. The number of shares has increased by 3.88% in one year.
| Shares Outstanding | 473.62M |
| Shares Change (YoY) | +3.88% |
| Shares Change (QoQ) | +0.49% |
| Owned by Insiders (%) | 2.63% |
| Owned by Institutions (%) | 68.92% |
| Float | 461.00M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 5.35 |
| Forward PS | 4.00 |
| PB Ratio | 23.33 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 5.27 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.34, with a Debt / Equity ratio of 1.60.
| Current Ratio | 1.34 |
| Quick Ratio | 1.27 |
| Debt / Equity | 1.60 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -294.62 |
Financial Efficiency
Return on equity (ROE) is -87.20% and return on invested capital (ROIC) is -36.10%.
| Return on Equity (ROE) | -87.20% |
| Return on Assets (ROA) | -21.20% |
| Return on Capital (ROIC) | -36.10% |
| Revenue Per Employee | $872,713 |
| Profits Per Employee | -$190,986 |
| Employee Count | 4,200 |
| Asset Turnover | 0.97 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, DraftKings has paid $10.17 million in taxes.
| Income Tax | 10.17M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +92.15% in the last 52 weeks. The beta is 1.85, so DraftKings's price volatility has been higher than the market average.
| Beta (1Y) | 1.85 |
| 52-Week Price Change | +92.15% |
| 50-Day Moving Average | 43.57 |
| 200-Day Moving Average | 35.54 |
| Relative Strength Index (RSI) | 39.68 |
| Average Volume (30 Days) | 11,499,606 |
Short Selling Information
The latest short interest is 20.37 million, so 4.30% of the outstanding shares have been sold short.
| Short Interest | 20.37M |
| Short Previous Month | 17.48M |
| Short % of Shares Out | 4.30% |
| Short % of Float | 4.42% |
| Short Ratio (days to cover) | 1.91 |
Income Statement
In the last 12 months, DraftKings had revenue of $3.67 billion and -$802.14 million in losses. Loss per share was -$1.73.
| Revenue | 3.67B |
| Gross Profit | 1.37B |
| Operating Income | -789.23M |
| Pretax Income | -791.97M |
| Net Income | -802.14M |
| EBITDA | -587.37M |
| EBIT | -789.29M |
| Loss Per Share | -$1.73 |
Balance Sheet
The company has $1.62 billion in cash and $1.35 billion in debt, giving a net cash position of $277.41 million or $0.59 per share.
| Cash & Cash Equivalents | 1.62B |
| Total Debt | 1.35B |
| Net Cash | 277.41M |
| Net Cash Per Share | $0.59 |
| Equity / Book Value | 840.31M |
| Book Value Per Share | 1.77 |
| Working Capital | 521.75M |
Cash Flow
In the last 12 months, operating cash flow was -$1.75 million and capital expenditures -$101.28 million, giving a free cash flow of -$103.03 million.
| Operating Cash Flow | -1.75M |
| Capital Expenditures | -101.28M |
| Free Cash Flow | -103.03M |
| FCF Per Share | -$0.22 |
Margins
Gross margin is 37.46%, with operating and profit margins of -21.53% and -21.88%.
| Gross Margin | 37.46% |
| Operating Margin | -21.53% |
| Pretax Margin | -21.61% |
| Profit Margin | -21.88% |
| EBITDA Margin | -16.02% |
| EBIT Margin | -21.53% |
| FCF Margin | -2.81% |
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 | -3.88% |
| Shareholder Yield | -3.88% |
| Earnings Yield | -4.09% |
| FCF Yield | -0.53% |
Analyst Forecast
The average price target for DraftKings is $45.97, which is 11.09% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $45.97 |
| Price Target Difference | 11.09% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 30 |
| Revenue Growth Forecast (5Y) | 8.96% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | May 5, 2022 |
| Split Type | n/a |
| Split Ratio | 1:1 |
Scores
DraftKings has an Altman Z-Score of 2.11 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.11 |
| Piotroski F-Score | 3 |