DraftKings Inc. — DKNG

Close PriceMarket CapP/E RatioForward P/E RatioImplied Growth*Implied Forward Growth*DividendP/B Ratio
$34.05$16.95B-20.9N/A11.8%-23.1

Latest Headlines

Revenue & Net Income

Revenue & Net Income
  Date Revenue Net Income EPS Revenue Change Net Income Change EPS Change
0 2020-12-31 $614.5M $-1.2B $-4.03 N/A N/A N/A
1 2021-12-31 $1.3B $-1.5B $-3.78 110.9% 23.7% -6.2%
2 2022-12-31 $2.2B $-1.4B $-3.16 72.9% -9.5% -16.4%
3 2023-12-31 $3.7B $-802.1M $-1.73 63.6% -41.8% -45.3%
4 2024-12-31 $4.8B $-507.3M $-1.05 30.1% -36.8% -39.3%
5 TTM 2025-03-31 $5.0B $-398.6M $-0.82 4.9% -21.4% -21.9%
6 Average 56.5% -17.2% -25.8%

EPS

EPS

Forecasts

Revenue/Net Income Forecast EPS Forecast

Y/Y % Change

Revenue YoY Change EPS YoY Change
YoY Growth Rates

DKNG Year-over-Year Growth

  2020 2021 2022 2023 2024 2025 2026 Average
Revenue Growth (%) 110.9% 72.9% 63.6% 30.1% 26.3% 21.3% 54.2%
Revenue Analysts (#) 0 0 0 0 0 7 7
EPS Growth (%) 23.7% -9.5% -41.8% -36.8% -183.4% 78.8% -28.2%
EPS Analysts (#) 0 0 0 0 0 3 3

Expenses

Revenue vs Expenses
Year Revenue ($) Cost of Revenue ($) R&D ($) Sales & Marketing ($) G&A ($) SG&A ($) Facilities / D&A ($)
2021 $1.3B $673.0M $253.7M $981.5M $828.3M $1.8B $121.1M
2022 $2.2B $1.3B $318.2M $1.2B $763.7M $1.9B $169.3M
2023 $3.7B $2.1B $355.2M $1.2B $606.6M $1.8B $201.9M
2024 $4.8B $2.7B $397.1M $1.3B $764.1M $2.0B $270.9M
TTM $5.5B $3.0B $438.4M $1.3B $703.5M $2.0B $267.6M
Expenses % of Revenue
Year Revenue Change (%) Cost of Revenue Change (%) R&D Change (%) Sales & Marketing Change (%) G&A Change (%) SG&A Change (%) Facilities / D&A Change (%)
2022 72.87 95.39 25.46 20.83 -7.80 7.73 39.72
2023 63.60 58.95 11.60 1.24 -20.58 -7.30 19.30
2024 30.07 28.20 11.81 5.35 25.97 12.27 34.14
TTM 14.48 13.80 10.40 3.23 -7.93 -0.97 -1.21
No unmapped expenses.

Balance Sheet

Balance Sheet
  Metric Value
0 Total Assets $4,474M
1 Cash $1,262M
2 Total Liabilities $3,465M
3 Total Debt $1,910M
4 Total Equity $1,010M
5 Debt to Equity Ratio 1.89

EPS & Dividend

EPS & Dividend

Valuation

Valuation
Share Price Treasury Yield Estimates Fair Value (P/E) Fair Value (P/S) Current P/S Current P/E
$34.05 4.2% Nicks Growth: 20%
Nick's Expected Margin: 10%
Nicks: 43
Finviz: 7
Nick's: 4.347 3.1 -
Basis Year Nicks Valuation Nicks vs Share Price Finviz Valuation Finviz vs Share Price
$10.97 Revenue TTM $47.66 40.0% $7.16 -79.0%
$0.85 EPS 2025 $36.95 8.5% $5.55 -83.7%
$1.52 EPS 2026 $66.07 94.0% $9.93 -70.8%

Implied Growth

Implied Growth
Average Median Std Dev Current Percentile
TTM Forward TTM Forward TTM Forward TTM Forward TTM Forward
Timeframe
1 Year 23.79% 26.09% 4.75% 12.13% 6.0%
3 Years 23.79% 26.09% 4.75% 12.13% 6.0%
5 Years 23.79% 26.09% 4.75% 12.13% 6.0%
10 Years 23.79% 26.09% 4.75% 12.13% 6.0%

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