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EV / sales at other companies

MGM Resorts International logo
MGM Resorts InternationalMGM
2.2×0.0×
Flutter Entertainment logo
Flutter EntertainmentFLUT
1.7×-1.5×

Other financials

Income statement

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Revenue$1.6B+16.8%
Gross profit$696.7M+23.3%
Operating income$5.8M+113%
Net income$21.1M+162%
EPS (diluted)$0.03+143%

Balance sheet

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Cash & equivalents$1.4B-10.2%
Total debt$664.0M-0.6%
Total equity$605.0M-30.7%
Total assets$4.3B-4.6%

Cash flow

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Operating cash flow-$48.4M+59.3%
CapEx$7.1M+168%
Free cash flow-$55.5M+54.4%

Valuation

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Market cap$13.09B-35.4%
Enterprise value$12.37B-36.4%
P/E223.3×
P/S2.1×-2.0×

Profitability

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Gross margin41.8%+3.5pp
Operating margin-5.6%-1.9pp
Net margin0.9%+0.5pp
FCF margin11.3%+4.2pp

Returns & leverage

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Return on equity7.9%+4.3pp
Debt / equity1.1×+0.3×
Current ratio-0.2×

Where this comes from

Calculated from DraftKings Inc.’s reported figures.

Based on the most recent quarter.

The official record: DraftKings Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DraftKings Inc.'s EV / sales?
DraftKings Inc. (DKNG) reported EV / sales of 1.6× in Q1 2026.
How has DraftKings Inc.'s EV / sales changed year-over-year?
DraftKings Inc.'s EV / sales decreased by 49.5% year-over-year, from 3.1× to 1.6×.
What is the long-term trend for DraftKings Inc.'s EV / sales?
Over 4 years (2021 to 2025), DraftKings Inc.'s EV / sales has grown at a -20.6% compound annual growth rate (CAGR), from 6.7× to 2.7×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.