DraftKings Inc.

DraftKings Inc.verified

DKNG

Price:

$36.3

Market Cap:

$17.59B

DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles...[Read more]

Industry

Gambling, Resorts & Casinos

IPO Date

2019-07-25

Stock Exchange

NASDAQ

Ticker

DKNG

The PE Ratio as of July 2024 (TTM) for DraftKings Inc. (DKNG) is -31.29

According to DraftKings Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -31.29. This represents a change of -31.10% compared to the average of -45.41 of the last 4 quarters.

DraftKings Inc. (DKNG) Historical PE Ratio (quarterly & annually)

How has DKNG PE Ratio performed in the past?

The mean historical PE Ratio of DraftKings Inc. over the last ten years is -15.66. The current -31.29 PE Ratio has changed 19.88% with respect to the historical average. Over the past ten years (40 quarters), DKNG's PE Ratio was at its highest in in the March 2019 quarter at 0. The PE Ratio was at its lowest in in the December 2023 quarter at -92.45.

Quarterly (TTM)
Annual

Average

-15.66

Median

-16.86

Minimum

-23.94

Maximum

-3.62

DraftKings Inc. (DKNG) PE Ratio by Quarter and Year

Discovering the peaks and valleys of DraftKings Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 462.24%

Maximum Annual PE Ratio = -3.62

Minimum Annual Increase = -57.03%

Minimum Annual PE Ratio = -23.94

Quarterly (TTM)
Annual
YearPE RatioChange
2023-20.33462.24%
2022-3.62-50.10%
2021-7.25-57.03%
2020-16.8621.45%
2019-13.89-41.50%
2018-23.74-0.87%

DraftKings Inc. (DKNG) Average PE Ratio

How has DKNG PE Ratio performed in the past?

The current PE Ratio of DraftKings Inc. (DKNG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-10.40

5-year avg

-12.39

10-year avg

-15.66

DraftKings Inc. (DKNG) PE Ratio vs. Peers

How is DKNG’s PE Ratio compared to its peers?

DraftKings Inc.’s PE Ratio is less than Light & Wonder, Inc. (41.93), less than International Game Technology PLC (22.21), less than Everi Holdings Inc. (17.76), less than PlayAGS, Inc. (87.74), less than Accel Entertainment, Inc. (20.96), greater than Rush Street Interactive, Inc. (-66.78), less than Esports Entertainment Group, Inc. (-0.02), greater than Flutter Entertainment plc (-255.68), less than Inspired Entertainment, Inc. (21.58), less than Lottery.com Inc. (0), less than EBET, Inc. (-0.12), less than NeoGames S.A. (-0.02), greater than Flutter Entertainment plc (-54.36), greater than GAN Limited (-505.21), less than PointsBet Holdings Limited (-1.72), less than null (-2.73),

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