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draftkings inc. - DKNG

DKNG

Close Chg Chg %
37.04 -1.75 -4.72%

Closed Market

35.29

-1.75 (4.72%)

Volume: 10.97M

Last Updated:

Mar 28, 2025, 4:00 PM EDT

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Company Overview: draftkings inc. - DKNG

DKNG Key Data

Open

$36.66

 Day Range

35.05 - 36.87

52 Week Range

28.69 - 53.61

 Market Cap

$18.52B

Shares Outstanding

499.96M

 Public Float

479.86M

Beta

2.07

 Rev. Per Employee

N/A

P/E Ratio

N/A

 EPS

-$1.05

Yield

0.00%

 Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

10.66M

  

DKNG Performance

1 Week
 
 -6.20%
 
1 Month
 
 -15.55%
 
3 Months
 
 -2.32%
 
1 Year
 
 -18.43%
 
5 Years
 
 191.88%
 

DKNG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 36
Full Ratings ➔

About draftkings inc. - DKNG

DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. It operates through the following segments: Business-to-Consumer (B2C) and Business-to-Business (B2B). The Business-to-Consumer segment includes sportsbook, iGaming and DFS product offerings, as well as media and other consumer product offerings. The Business-to-Business segment includes design and development of gaming software. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

DKNG At a Glance

DraftKings, Inc.
222 Berkeley Street
Boston, Massachusetts 02116
Phone 1-617-986-6744 Revenue 4.77B
Industry Movies/Entertainment Net Income -507,285,000.00
Sector Consumer Services 2024 Sales Growth 30.073%
Fiscal Year-end 12 / 2025 Employees 5,100
View SEC Filings

DKNG Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 3.76
Price to Book Ratio 18.002
Price to Cash Flow Ratio 42.916
Enterprise Value to EBITDA -80.078
Enterprise Value to Sales 3.872
Total Debt to Enterprise Value 0.072

DKNG Efficiency

Revenue/Employee 934,842.941
Income Per Employee -99,467.647
Receivables Turnover 39.605
Total Asset Turnover 1.159

DKNG Liquidity

Current Ratio 0.927
Quick Ratio 0.927
Cash Ratio 0.486

DKNG Profitability

Gross Margin 38.114
Operating Margin -10.516
Pretax Margin -12.441
Net Margin -10.64
Return on Assets -12.33
Return on Equity -54.814
Return on Total Capital -21.626
Return on Invested Capital -22.498

DKNG Capital Structure

Total Debt to Total Equity 132.104
Total Debt to Total Capital 56.916
Total Debt to Total Assets 31.166
Long-Term Debt to Equity 131.017
Long-Term Debt to Total Capital 56.447
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Draftkings Inc. - DKNG

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.30B 2.24B 3.67B 4.77B
Sales Growth
+110.90% +72.87% +63.60% +30.07%
Cost of Goods Sold (COGS) incl D&A
794.16M 1.48B 2.29B 2.95B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
121.14M 169.25M 201.92M 270.85M
Depreciation
13.84M 18.65M 21.02M 20.95M
Amortization of Intangibles
107.30M 150.60M 180.90M 249.90M
COGS Growth
+129.14% +86.90% +54.43% +28.72%
Gross Income
501.86M 756.19M 1.37B 1.82B
Gross Income Growth
+87.30% +50.68% +81.60% +32.33%
Gross Profit Margin
+38.72% +33.75% +37.46% +38.11%
2021 2022 2023 2024 5-year trend
SG&A Expense
2.06B 2.27B 2.12B 2.32B
Research & Development
253.66M 318.25M 355.16M 397.11M
Other SG&A
1.81B 1.95B 1.77B 1.92B
SGA Growth
+85.70% +9.91% -6.31% +9.11%
Other Operating Expense
- - - -
-
Unusual Expense
(30.07M) (29.40M) 95.10M 112.58M
EBIT after Unusual Expense
(1.53B) (1.48B) (846.77M) (613.94M)
Non Operating Income/Expense
13.91M 39.40M 58.19M 23.75M
Non-Operating Interest Income
1.96M 18.70M 58.42M 47.26M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - 2.68M 2.96M
-
Interest Expense Growth
- - - +10.45%
-
Gross Interest Expense
- - 2.68M 2.96M
-
Interest Capitalized
- - - -
-
Pretax Income
(1.52B) (1.44B) (791.25M) (593.16M)
Pretax Income Growth
-23.20% +4.92% +45.16% +25.04%
Pretax Margin
-117.10% -64.40% -21.59% -12.44%
Income Tax
8.27M (67.87M) 10.17M (86.34M)
Income Tax - Current - Domestic
604.00K 456.00K 433.00K 617.00K
Income Tax - Current - Foreign
23.17M 5.08M 3.89M 5.78M
Income Tax - Deferred - Domestic
(7.60M) (70.03M) 2.85M (93.22M)
Income Tax - Deferred - Foreign
(7.91M) (3.37M) 3.00M 485.00K
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(1.52B) (1.38B) (802.14M) (507.29M)
Minority Interest Expense
- - - -
-
Net Income
(1.52B) (1.38B) (802.14M) (507.29M)
Net Income Growth
-23.65% +9.53% +41.79% +36.76%
Net Margin Growth
-117.53% -61.50% -21.88% -10.64%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(1.52B) (1.38B) (802.14M) (507.29M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(1.52B) (1.38B) (802.14M) (507.29M)
EPS (Basic)
-3.7844 -3.1568 -1.734 -1.0526
EPS (Basic) Growth
+6.12% +16.58% +45.07% +39.30%
Basic Shares Outstanding
402.49M 436.51M 462.60M 481.95M
EPS (Diluted)
-3.7844 -3.1568 -1.734 -1.0526
EPS (Diluted) Growth
+6.12% +16.58% +45.07% +39.30%
Diluted Shares Outstanding
402.49M 436.51M 462.60M 481.95M
EBITDA
(1.44B) (1.34B) (549.75M) (230.51M)
EBITDA Growth
-88.09% +6.80% +59.05% +58.07%
EBITDA Margin
-111.15% -59.92% -15.00% -4.83%

Snapshot

Average Recommendation BUY Average Target Price 58.141
Number of Ratings 36 Current Quarters Estimate 0.001
FY Report Date 03 / 2025 Current Year's Estimate 0.527
Last Quarter’s Earnings -0.28 Median PE on CY Estimate N/A
Year Ago Earnings -1.05 Next Fiscal Year Estimate 1.521
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 21 22 24 24
Mean Estimate 0.00 0.31 0.53 1.52
High Estimates 0.09 2.00 0.77 2.20
Low Estimate -0.17 0.10 0.22 1.07
Coefficient of Variance 8,635.04 124.72 23.97 16.72

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 28 29 29
OVERWEIGHT 1 1 2
HOLD 7 7 6
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Draftkings Inc. - DKNG

Date Name Shares Transaction Value
Mar 21, 2025 R. Stanton Dodge Chief Legal Officer 706,620 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.05 per share 26,886,891.00
Mar 21, 2025 R. Stanton Dodge Chief Legal Officer 653,843 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $39 per share 25,499,877.00
Mar 21, 2025 R. Stanton Dodge Chief Legal Officer 710,145 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.59 per share 26,694,350.55
Mar 17, 2025 Jason D. Robins See Remarks; Director 715,551 Other acquisition or disposition 0.00
Mar 11, 2025 Jocelyn Moore Director 1,612 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $42 per share 67,704.00
Feb 27, 2025 Alan Ellingson Chief Financial Officer 179,435 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $43.91 per share 7,878,990.85
Feb 27, 2025 Alan Ellingson Chief Financial Officer 173,554 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $43.1 per share 7,480,177.40
Feb 27, 2025 Alan Ellingson Chief Financial Officer 234,269 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $42.21 per share 9,888,494.49
Feb 27, 2025 Alan Ellingson Chief Financial Officer 182,132 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $42.77 per share 7,789,785.64
Feb 27, 2025 Alan Ellingson Chief Financial Officer 338,096 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $44.27 per share 14,967,509.92
Feb 27, 2025 Alan Ellingson Chief Financial Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 27, 2025 Alan Ellingson Chief Financial Officer 337,986 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 27, 2025 Alan Ellingson Chief Financial Officer 338,199 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Paul Liberman See Remarks; Director 1,233,584 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $45.57 per share 56,214,422.88
Feb 26, 2025 Jason D. Robins See Remarks; Director 3,566,591 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $42.21 per share 150,545,806.11
Feb 26, 2025 Paul Liberman See Remarks; Director 927,610 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $44.61 per share 41,380,682.10
Feb 26, 2025 Jason D. Robins See Remarks; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Jason D. Robins See Remarks; Director 3,347,527 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $42.77 per share 143,173,729.79
Feb 26, 2025 Paul Liberman See Remarks; Director 1,236,155 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 26, 2025 Jason D. Robins See Remarks; Director 4,002,846 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Draftkings Inc. in the News

Ladbrokes owner Entain confirms DraftKings offer

Entain Plc on Tuesday confirmed that U.S. fantasy sports betting company DraftKings has made an offer to buy the British gambling firm in a deal that one media report said could be valued at $20 billion.