DraftKings Inc.

US$18.51As of Sun 8 Nov 2026, 12:00 UTC

NASDAQ:DKNGConsumer Disc

Country USA

PE (Fwd) •••

TSR 7Y CAGR 9.14%

Div yield —

ROE (83.08%)

Gambling

Beta (5Y) 1.61

PE TTM —

TSR TTM (39.49%)

Mkt cap US$9.223B

ROIC (27.27%)

SE Grade™

—

Value

Quality

Moat

Consensus

Reference

$18

(0.52%)

(66.92%)

Hold 4|6|6|1|6

TTM

FYE 31 Dec USD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

1.359

Revenue$B

1.149

1.202

1.265

1.323

1.362

1.420

1.446

1.501

1.539

1.629

1.449

3.66%

3.73%

19.75

Revenue growth%

5.30

7.29

5.12

5.53

5.01

6.97

6.56

7.18

9.88

7.91

2.98

7.18

6.76

18.66

Gross margin%

29.12

26.14

26.24

25.11

22.62

20.02

18.44

15.84

16.26

17.34

2.54

17.34

21.32

23.68

Operating margin%

20.93

19.53

21.32

22.62

21.83

24.42

23.58

21.60

20.56

18.84

24.41

21.60

21.46

15.65

Net margin%

26.55

28.32

31.19

32.31

30.03

27.20

28.69

29.13

31.67

31.48

9.04

29.13

29.58

12.40

P/E ratio (avg)x

7.702

7.400

6.591

6.097

6.594

6.199

6.525

5.828

4.963

4.619

19.09

5.828

6.362

7.054

EV/EBITx

30.46

34.33

38.75

40.67

47.11

48.50

49.77

55.53

62.71

65.81

31.94

55.53

47.80

25.65

FCF yield (avg)%

18.94

16.57

16.23

13.77

15.60

18.26

20.88

21.61

19.31

20.80

21.89

20.80

18.60

9.10

FCF margin%

19.01

20.37

18.24

19.09

16.40

18.85

21.65

24.51

23.85

24.06

24.95

23.85

19.73

1.432

FCF / Net incomex

0.642

0.646

0.692

0.717

0.799

0.916

0.923

1.022

0.991

1.175

0.366

0.991

0.857

13.94

ROIC%

9.01

8.97

8.59

11.03

12.10

10.26

9.38

9.52

7.83

10.03

15.15

9.52

9.45

26.39

Return on equity%

11.63

11.39

11.95

12.70

15.70

18.18

17.33

17.48

15.26

14.29

2.95

17.33

14.77

25.42

Return on assets%

11.96

10.92

9.05

9.96

10.45

12.93

11.31

13.04

11.66

10.20

21.85

11.66

11.12

3.33

EPS$

1.04

1.11

1.03

1.10

1.18

1.16

1.24

1.42

1.37

1.51

3.53

5.10%

4.90%

—

2.94

EPS growth%

14.12

11.56

12.66

13.12

13.23

12.97

11.96

11.31

10.66

12.39

11.78

11.96

12.52

1.28

Bookvalue per sh$

1.46

1.49

1.47

1.48

1.46

1.59

1.61

1.67

1.77

1.81

1.30

4.35%

0.73%

—

0.61

FCF per share$

1.05

1.08

1.10

1.09

1.28

1.53

1.52

1.60

1.79

2.01

2.42

9.40%

6.86%

—

1.01

Dividend per sh$

2.36

2.57

2.72

2.70

2.56

2.40

2.45

2.46

2.40

2.44

1.30

(1.01%)

0.95%

—

28.14

Div yield (avg)%

23.93

21.55

19.21

18.96

18.95

16.71

19.14

18.64

18.70

20.76

28.55

18.70

19.05

26.01

Payout ratio%

27.05

25.51

26.37

28.43

30.34

33.24

34.05

33.78

36.05

38.31

12.95

34.05

31.79

494.8

Shares (diluted)M

442.5

429.9

418.7

465.3

458.8

411.5

416.6

394.2

402.3

395.8

505.1

(2.91%)

(1.70%)

7.42

Buyback yield%

15.60

16.75

15.86

16.46

18.22

17.61

15.68

18.05

15.28

14.56

6.11

15.68

16.16

0.495

D/E ratiox

2.725

3.254

3.397

4.111

4.069

4.832

5.324

5.513

5.578

5.858

1.518

5.513

4.471

1.145

Enterprise value$B

1.689

1.765

1.600

1.597

1.762

1.861

1.989

1.938

1.773

1.930

1.982

1.84%

0.64%

1.482

LT debt$B

0.507

0.457

0.407

0.438

0.394

0.367

0.346

0.310

0.324

0.332

1.206

(3.37%)

(4.68%)

Peers (US$9.223B)

Cap (US$)

Flutter Entertainment…

14.21B

—

Churchill Downs…

6.714B

15.15x

Light & Wonder, Inc.

6.103B

21.78x

Allwyn AG

9.977B

63.92x

Capital

TTM

10Y

Leveragex

1.309

0.028

0.024

EBIT/Intx

0.112

0.186

0.183

Own earn%

22.08

85.26

89.17

Sh yield%

35.56

34.82

35.37

Owners

Insiders/Inst%

1.44

73.65

Short interest%

2.75

SBC / revenue%

3.72

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

19–24

$1 testx

—

Incr. ROIC%

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks. It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$1.629B

3.73%

1.00×

Cost of revenue

$1.052B

3.62%

0.99×

Operating expenses

$216.4M

3.34%

0.96×