DKNG Stock Price, Analysis & Fundamentals

Analysis

DraftKings Inc. operates in the Consumer Cyclical sector and Gambling industry, with a significant scale of $18.04B market capitalization, $5.46B revenue (TTM), and 5100 employees. The company's financial health indicates negative profitability metrics, including a -23.8% Operating Margin, -4.9% Profit Margin, and -29.6% Return on Equity. Additionally, the balance sheet shows substantial debt of $1.91B compared to cash reserves of $1.23B, resulting in a high Debt to Equity ratio of 260.36. DraftKings Inc.'s valuation context is characterized by a Forward P/E of 22.46 and Price to Book of 24.57. The company's Revenue Growth (YoY) stands at 4.4%, while Earnings Growth (YoY) is not available. DraftKings does not pay dividends, as indicated by a 0.0% Payout Ratio.

This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.

About DraftKings Inc.

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting, daily fantasy sports, media, digital lottery courier, media, and other products, as well as retails sportsbooks. The company also offers iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines. In addition, the company engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators. Further, it offers DraftKings marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT on marketplace. The company is headquartered in Boston, Massachusetts.

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DKNG

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About DraftKings Inc.

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