draftkings inc. - DKNG

DKNG

Close Chg Chg %
47.18 -0.27 -0.57%

Closed Market

46.91

-0.27 (0.57%)

Volume: 5.45M

Last Updated:

Aug 25, 2025, 4:00 PM EDT

Company Overview: draftkings inc. - DKNG

DKNG Key Data

Open

$47.18

Day Range

46.48 - 47.25

52 Week Range

29.64 - 53.61

Market Cap

$23.42B

Shares Outstanding

496.47M

Public Float

477.92M

Beta

1.70

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.63

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

10.12M

 

DKNG Performance

1 Week
 
0.00%
 
1 Month
 
5.17%
 
3 Months
 
34.49%
 
1 Year
 
29.72%
 
5 Years
 
29.90%
 

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. 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 55.078
Number of Ratings 36 Current Quarters Estimate -0.216
FY Report Date 09 / 2025 Current Year's Estimate 0.439
Last Quarter’s Earnings 0.30 Median PE on CY Estimate N/A
Year Ago Earnings -1.05 Next Fiscal Year Estimate 1.286
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 20 20 23 23
Mean Estimate -0.22 0.41 0.44 1.29
High Estimates -0.11 0.54 0.66 1.70
Low Estimate -0.33 0.30 0.32 1.06
Coefficient of Variance -23.95 16.48 18.77 13.25

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 28 29 28
OVERWEIGHT 4 4 3
HOLD 4 4 5
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Draftkings Inc. - DKNG

Date Name Shares Transaction Value
Aug 13, 2025 Matthew Kalish See Remarks; Director 56,617 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 13, 2025 Jason D. Robins See Remarks; Director 3,454,305 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 13, 2025 Jason D. Robins See Remarks; Director 76,433 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 13, 2025 Paul Liberman See Remarks; Director 56,617 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 13, 2025 Paul Liberman See Remarks; Director 732,488 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 $42.88 per share 31,409,085.44
Aug 13, 2025 Paul Liberman See Remarks; Director 746,176 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 13, 2025 Matthew Kalish See Remarks; Director 273,488 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 13, 2025 Matthew Kalish See Remarks; Director 483,488 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 13, 2025 R. Stanton Dodge Chief Legal Officer 514,154 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 13, 2025 Matthew Kalish See Remarks; Director 4,190,233 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $42.9 per share 179,760,995.70
Aug 13, 2025 Matthew Kalish See Remarks; Director 4,400,233 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $3.29 per share 14,476,766.57
Aug 13, 2025 Matthew Kalish See Remarks; Director 4,190,233 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $42.68 per share 178,839,144.44
Aug 13, 2025 Matthew Kalish See Remarks; Director 4,400,233 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $3.29 per share 14,476,766.57
Aug 13, 2025 Matthew Kalish See Remarks; Director 4,190,233 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 $42.88 per share 179,677,191.04
Aug 13, 2025 Matthew Kalish See Remarks; Director 4,203,921 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 13, 2025 Jason D. Robins See Remarks; Director 3,435,827 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 $42.88 per share 147,328,261.76
Aug 13, 2025 R. Stanton Dodge Chief Legal Officer 28,309 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Aug 13, 2025 R. Stanton Dodge Chief Legal Officer 507,961 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 $42.88 per share 21,781,367.68
Mar 28, 2025 Paul Liberman See Remarks; Director 767,722 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $40.38 per share 31,000,614.36
Mar 28, 2025 Paul Liberman See Remarks; Director 621 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $39.43 per share 24,486.03

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.