DraftKings Inc. DKNG Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 41.8%+0.5pp | 41.3%+2.0pp | 39.2%-0.2pp | 39.5%+1.1pp | 38.3%+0.2pp | |
| Net margin | 0.9%+0.9pp | 0.1%+5.0pp | -4.9%+0.7pp | -5.6%+2.3pp | -8%+2.7pp | |
| EBITDA margin | 4.8%+0.7pp | 4.1%+4.8pp | -0.7%+0.1pp | -0.8%+3.8pp | -4.6%+2.5pp | |
| Free cash flow margin | 11.3%+0.6pp | 10.7%-1.3pp | 12%— | —— | —— | |
| Returns | ||||||
| Return on equity | 7.9%+7.5pp | 0.5%+30.0pp | -29.6%-3.2pp | -26.4%+20.4pp | -46.8%+8.0pp | |
| Return on assets | 1.3%+1.2pp | 0.1%+6.1pp | -6%+1.0pp | -7%+2.6pp | -9.6%+2.7pp | |
| Efficiency | ||||||
| Asset turnover | 1.4×+0.1× | 1.4×+0.1× | 1.2×0.0× | 1.2×0.0× | 1.2×0.0× | |
| Liquidity | ||||||
| Current ratio | 1×0.0× | 1×-0.1× | 1.1×-0.2× | 1.3×+0.1× | 1.2×+0.3× | |
| Quick ratio | 1×0.0× | 1×-0.1× | 1.1×-0.2× | 1.3×+0.1× | 1.2×+0.3× | |
| Cash ratio | 0.9×0.0× | 0.9×0.0× | 1×-0.2× | 1.2×+0.1× | 1×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 1.1×+0.1× | 1×+0.1× | 0.9×+0.2× | 0.7×-0.1× | 0.8×+0.7× | |
| Debt-to-assets | 0.2×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×+0.1× | |
| Valuation | ||||||
| Market capitalization | $10.72B-37.5% | $17.15B-7.6% | $18.57B-12.6% | $21.25B+28.0% | $16.6B-8.5% | |
| Enterprise value | $10B-38.2% | $16.18B-7.6% | $17.51B-13.9% | $20.34B+29.3% | $15.73B-6.9% | |
| Price / sales | 1.7×-1.1× | 2.8×-0.6× | 3.4×-0.5× | 3.9×+0.6× | 3.3×-0.5× | |
| Price / book | 17.7×-9.5× | 27.2×+1.8× | 25.4×+4.3× | 21×+2.0× | 19×+1.1× | |
| EV / sales | 1.6×-1.1× | 2.7×-0.5× | 3.2×-0.6× | 3.8×+0.6× | 3.1×-0.4× | |
| Free cash flow yield | 6.7%+2.9pp | 3.8%+0.3pp | 3.5%— | —— | —— | |
| Earnings yield | 0.5%+0.5pp | 0%+1.5pp | -1.4%0.0pp | -1.4%+1.0pp | -2.4%+0.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are DraftKings Inc.'s profit margins?
- DraftKings Inc. (DKNG) runs a 41.8% gross margin and a -5.6% operating margin, with a 0.9% net margin.
- Where do DraftKings Inc.'s ratios come from?
- Every ratio is computed from DraftKings Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
