DraftKings Inc.

DraftKings Inc.

19.22
USD
-4.56
(-19.19%)
-0.33EPS
12.91BMarket Cap
Nov 05Next Earn

Total Valuation

USD

As of June 30, 2026, DraftKings, Inc. Class A carries a market capitalization of 12.91B, placing it among publicly traded companies globally. Its enterprise value stands at 13.84B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap12.91B
Enterprise Value13.84B

Important Dates

DraftKings, Inc. Class A's next confirmed earnings release is scheduled for November 5, 2026.

Earnings Date11/5/2026

Share Statistics

As of June 30, 2026, DraftKings, Inc. Class A has 495.98M shares outstanding.

Shares Outstanding495.98M

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 2.10, and the price-to-book ratio stands at 22.66.

PS Ratio2.10
PB Ratio22.66
P/TBV Ratio-6.92
P/FCF Ratio26.80
P/OCF Ratio19.45

Enterprise Valuation

As of June 30, 2026, DraftKings, Inc. Class A trades at an EV/EBITDA multiple of 126.23 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 2.22 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 13.84B versus a market cap of 12.91B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales2.22
EV / EBITDA126.23

Financial Position

As of June 30, 2026, DraftKings, Inc. Class A 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

Financial Efficiency

USD

Over the twelve months ended June 30, 2026, DraftKings, Inc. Class A posted a negative return on equity (ROE) of -21.14, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -3.81, reflecting losses generated across the asset base. The company generates approximately 1.15M in revenue per employee across its workforce of 5,400.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)-21.14
Return on Assets (ROA)-3.81
Revenue Per Employee1.15M
Employee Count5,400.00

Taxes

USD

Over the twelve months ended June 30, 2026, DraftKings, Inc. Class A recorded 2.66M in income tax expense. The company reported a pretax loss of -172.42M and -166.90M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax2.66M

Stock Price Statistics

USD

As of the close on October 5, 2026, DraftKings, Inc. Class A's stock has declined approximately 47.37% over the past 52 weeks. The 50-day moving average sits at 34.66, while the 200-day moving average is 37.14.

52-Week Price Change-47.37%
50-Day Moving Average34.66
200-Day Moving Average37.14

Income Statement

USD

Over the twelve months ended June 30, 2026, DraftKings, Inc. Class A 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

USD

As of June 30, 2026, DraftKings, Inc. Class A 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

USD

DraftKings, Inc. Class A produced 670.95M in operating cash flow over the twelve months ended June 30, 2026. 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

Over the twelve months ended June 30, 2026, DraftKings, Inc. Class A posted 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

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 3.73, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 5.13, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to DraftKings, Inc. Class A shareholders.

Shareholder Yield5.13
FCF Yield3.73

Scores

As of June 30, 2026, DraftKings, Inc. Class A has an Altman Z-Score of 0.23, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score0.23