DraftKings Inc. | Large-cap | Consumer Cyclical
$40.77
-1.33%
| DraftKings Stock Comparison:
DraftKings vs FlutterDraftKings vs Light & WonderDraftKings vs Churchill DownsDraftKings vs Super Group (SGHCDraftKings vs International GameDraftKings vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 4.8B
Gross Profit 1.8B 38.11%
Operating Income -609.0M -12.77%
Net Income -507.3M -10.64%
EPS (Diluted) -$1.05

Balance Sheet Metrics

Total Assets 4.3B
Total Liabilities 3.3B
Shareholders Equity 1.0B
Debt to Equity 3.24

Cash Flow Metrics

Operating Cash Flow 414.5M
Free Cash Flow 296.9M

Revenue & Profitability Trend

DraftKings Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 4.8B 3.7B 2.2B 1.3B 614.5M
Cost of Goods Sold 3.0B 2.3B 1.5B 794.2M 346.6M
Gross Profit 1.8B 1.4B 756.2M 501.9M 267.9M
Operating Expenses 2.4B 2.2B 2.3B 2.1B 1.1B
Operating Income -609.0M -789.2M -1.5B -1.6B -843.3M
Pre-tax Income -593.2M -791.3M -1.4B -1.5B -1.2B
Income Tax -86.3M 10.2M -67.9M 8.3M -622.0K
Net Income -507.3M -802.1M -1.4B -1.5B -1.2B
EPS (Diluted) -$1.05 -$1.73 -$3.16 -$3.78 -$4.03

Income Statement Trend

DraftKings Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 1.5B 2.1B 2.1B 2.8B 2.2B
Non-Current Assets 2.7B 1.9B 2.0B 1.3B 1.2B
Total Assets 4.3B 3.9B 4.0B 4.1B 3.4B
Liabilities
Current Liabilities 1.7B 1.5B 1.2B 929.4M 554.4M
Non-Current Liabilities 1.6B 1.6B 1.5B 1.5B 253.6M
Total Liabilities 3.3B 3.1B 2.7B 2.4B 808.0M
Equity
Total Shareholders Equity 1.0B 840.3M 1.3B 1.7B 2.6B

Balance Sheet Composition

DraftKings Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income -507.3M -802.1M -1.4B -1.5B -1.2B
Operating Cash Flow 414.5M -149.7M -547.6M -372.1M -682.9M
Investing Activities
Capital Expenditures -10.2M -20.9M -32.4M -15.9M -11.8M
Investing Cash Flow -455.9M 2.1M -137.5M -112.7M -193.0M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -153.6M -80.0M -25.5M 1.2B 2.1B
Free Cash Flow 296.9M -115.1M -729.2M -517.8M -240.2M

Cash Flow Trend

DraftKings Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -39.49
Forward P/E 72.74
Price to Book 23.57
Price to Sales 4.11
PEG Ratio 72.74

Profitability Ratios

Profit Margin -7.97%
Operating Margin -3.29%
Return on Equity -46.79%
Return on Assets -7.59%

Financial Health

Current Ratio 1.20
Debt to Equity 219.83
Beta 1.64

Per Share Data

EPS (TTM) -$0.82
Book Value per Share $1.76
Revenue per Share $10.28

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
dkng 20.6B -39.49 23.57 -46.79% -7.97% 219.83
Flutter 46.6B 90.95 4.74 5.88% 3.65% 63.20
Light & Wonder 7.0B 22.10 11.33 46.19% 10.48% 637.58
Churchill Downs 7.2B 17.76 6.78 44.37% 15.19% 454.20
Super Group (SGHC 5.0B 37.96 7.71 21.38% 7.03% 11.53
International Game 3.0B 136.27 1.84 1.87% 13.64% 290.93

Financial data is updated regularly. All figures are in the company's reporting currency.