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.

DraftKings Inc. DKNG Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	41.3%+3.1pp	38.1%+0.6pp	37.5%+3.7pp	33.8%-5.0pp
Net margin	0.1%+10.7pp	-10.6%+11.2pp	-21.9%+39.6pp	-61.5%+56.0pp
EBITDA margin	4.1%+11.2pp	-7.1%+8.9pp	-16%+43.9pp	-59.9%+51.2pp
Free cash flow margin	10.7%+2.1pp	8.5%—	——	-31.5%+2.1pp
Returns
Return on equity	0.5%+55.3pp	-54.8%+19.4pp	-74.2%+17.7pp	-91.8%-21.1pp
Return on assets	0.1%+12.4pp	-12.3%+7.8pp	-20.1%+13.9pp	-34%—
Efficiency
Asset turnover	1.4×+0.2×	1.2×+0.2×	0.9×+0.4×	0.6×—
Liquidity
Current ratio	1×+0.1×	0.9×-0.4×	1.3×-0.3×	1.7×-1.3×
Quick ratio	1×+0.1×	0.9×-0.4×	1.3×-0.3×	1.7×-1.3×
Cash ratio	0.9×+0.1×	0.8×-0.2×	1×-0.4×	1.4×-1.4×
Leverage
Debt-to-equity	1×+0.9×	0.1×0.0×	0.1×+0.1×	0.1×0.0×
Debt-to-assets	0.1×+0.1×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-3.9×—	——	——	——
Valuation
Market capitalization	$17.15B-5.4%	$18.14B+9.9%	$16.5B+222%	$5.13B-54.6%
Enterprise value	$16.18B-4.2%	$16.89B+12.8%	$14.97B+337%	$3.43B-60.8%
Price / earnings	4,623.5×—	——	——	——
Price / sales	2.8×-1.0×	3.8×-0.7×	4.5×+2.2×	2.3×-6.4×
Price / book	27.2×+9.2×	17.9×-1.7×	19.6×+15.8×	3.9×-2.8×
EV / EBITDA	64.8×—	——	——	——
EV / sales	2.7×-0.9×	3.5×-0.5×	4.1×+2.6×	1.5×-5.2×
Free cash flow yield	3.8%+1.5pp	2.2%—	——	-13.7%-9.9pp
Earnings yield	0%+2.8pp	-2.8%+2.1pp	-4.9%+22.0pp	-26.9%-13.4pp

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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.