1. United States of America Stocks

  2. •

    Consumer Cyclical

  3. •

    Gambling, Resorts & Casinos
DraftKings Inc.

DraftKings Inc.

DKNG
DraftKings Inc.US flagNASDAQ Global Select
24.01
USD
-0.18
- -
11.91BMarket Cap

Total Valuation

DraftKings Inc. carries a market capitalization of 11.91B, placing it among publicly traded companies globally. Its enterprise value stands at 13.46B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap11.91B
Enterprise Value13.46B

Share Statistics

DraftKings Inc. currently has 495.98M shares outstanding.

Shares Outstanding495.98M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

DraftKings Inc. trades at a trailing price-to-earnings ratio of 4,869.30. The price-to-sales ratio is 2.04, and the price-to-book ratio stands at 22.00.

PE Ratio4,869.30
PS Ratio2.04
PB Ratio22.00
P/TBV Ratio-6.72
P/FCF Ratio15.32
P/OCF Ratio18.88

Enterprise Valuation

On an enterprise value basis, DraftKings Inc. trades at an EV/EBITDA multiple of 122.79 and an EV/FCF ratio of 15.94. The EV/Sales ratio of 2.16 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 320.04 provides insight into valuation relative to core operating earnings.

EV / Sales2.16
EV / EBITDA122.79
EV / EBIT320.04
EV / FCF15.94

Financial Position

DraftKings Inc. maintains a current ratio of 1.02, meaning it holds 1.0x the short-term assets needed to cover near-term liabilities.

Current Ratio1.02
Quick Ratio0.69
Debt / Equity336.48
Debt / EBITDA17.48
Interest CoverageN/A

Financial Efficiency

Return on Equity (ROE)-21.14
Return on Assets (ROA)-3.81
Return on Invested Capital (ROIC)N/A
Return on Capital Employed (ROCE)3.38
Revenue Per EmployeeN/A
Employee CountN/A
Inventory TurnoverN/A

Taxes

Over the trailing twelve months, DraftKings Inc. has paid 2.66M in income taxes, reflecting an effective tax rate of 34.69.

Income Tax2.66M
Effective Tax Rate34.69

Stock Price Statistics

DraftKings Inc.'s stock has declined approximately -48.16494% over the past 52 weeks. The 50-day moving average sits at 24.78, while the 200-day moving average is 26.75.

Beta (5Y)N/A
52-Week Price Change-48.16494%
50-Day Moving Average24.78
200-Day Moving Average26.75
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, DraftKings Inc. generated 6.22B in revenue and converted that into -166.90M in net income, yielding earnings per share of -0.33. EBITDA reached 109.62M, while operating income came in at -182.46M.

Revenue6.22B
Gross Profit2.52B
Operating Income-182.46M
Pretax Income-172.42M
Net Income-166.90M
EBITDA109.62M
EBIT-182.46M
Earnings Per Share (EPS)-0.33

Balance Sheet

DraftKings Inc. holds 983.88M in cash and equivalents against 1.92B in total debt, resulting in a net debt position of 851.11M. Total book value stands at 569.43M, with working capital of 26.34M providing operational flexibility.

Cash & Cash Equivalents983.88M
Total Debt1.92B
Net Debt851.11M
Equity (Book Value)569.43M
Book Value Per Share1.15
Working Capital26.34M

Cash Flow

DraftKings Inc. produced 670.95M in operating cash flow over the past twelve months. After subtracting -173.58M in capital expenditures, free cash flow totaled 497.37M - equivalent to 0.99 per share.

Operating Cash Flow670.95M
Capital Expenditures-173.58M
Free Cash Flow497.37M
FCF Per Share0.99

Margins

DraftKings Inc. operates with a gross margin of 40.54, reflecting its pricing power and cost economics. The operating margin of -2.93 and net profit margin of -2.68 provide insight into operational efficiency.

Gross Margin40.54
Operating Margin-2.93
Pretax Margin-2.77
Profit Margin-2.68
EBITDA Margin1.76

Dividends & Yields

Dividend Per ShareN/A
Dividend YieldN/A
Payout RatioN/A
Shareholder Yield5.29
FCF Yield6.53

Scores

DraftKings Inc. posts an Altman Z-Score of 0.17, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score0.17