DraftKings Inc. Class A Common Stock (DKNG) Stock Analysis
Market Closed
Sector: Consumer Cyclical · Industry: Services-Miscellaneous Amusement & Recreation
AnalystsStrong Buy45 analystsWhat's happening with DKNG
Price History
5-Year Weekly Candlestick Chart
Profile
Strong earnings quality; profitability, growth and financial health lag behind.
How is each axis scored?
- Valuation65/100 · Moderate
- P/E vs own history (n/a)10/25
- FCF yield (6.6%)20/25
- P/S (1.7x)25/25
- EV/EBIT (n/a)10/25
- Growth25/100 · Weak
- Revenue CAGR (77.2%)25/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (n/a)0/25
- Profitability23/100 · Weak
- ROIC (n/a)0/25
- ROE (9.7%)12/25
- Net margin (0.9%)6/25
- Operating margin (0.6%)5/25
- Financial Health43/100 · Weak
- Altman Z (0.07)3/25
- Current ratio (1.02)12/25
- Interest coverage (1.4x)3/25
- Net cash / debt (Net cash)25/25
- Quality75/100 · Strong
- Piotroski F (8/9)25/25
- Beneish M (-3.02)25/25
- FCF conversion (1217%)25/25
- Margin stability (σ 43.7%)0/25
About DraftKings Inc. Class A Common Stock
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Show more
Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number-two or -three revenue share position across states where it competes. With its predictive market launch in 2025, DraftKings is now live with online or retail sports betting in most all states and i-gaming in five states, with both products available to about 50% of Canada's population. In 2025, sports revenue was 63% of total sales, i-gaming 30%, and fantasy and lottery 7%.
Headquarters: BOSTON, MA · Employees: 5,500 · Website ↗
Insider Transactions
Recent SEC Form 4 filings
- SellOption exercise · filed 2026-08-14-383455 sh2026-08-12
- BuyOption exercise · filed 2026-08-14+383.5K sh2026-08-12
- BuyGrant / award · filed 2026-08-06+10.6K sh2026-08-04
- BuyGrant / award · filed 2026-08-06+10.6K sh2026-08-04
- BuyGrant / award · filed 2026-08-06+10.6K sh2026-08-04
+3 more recent filings
Key Metrics
Financial snapshot — pillar inputs plus per-share and market context
Valuation
65BP/E (TTM)—
Price / TTM EPS (own statements)
P/FCF18.2xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield6.6%A
Grade A: ValueTTM FCF / Market Cap — vs own 5Y history: -13.7%–8.5% · 96th pct
P/S (TTM)1.72xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 1.4x–14.4x · 3rd pct
EV/EBITDA103.7xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales1.8xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E37.9xD
Grade D: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio17.93xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.73A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
23EROIC—
NOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE9.7%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA-3.8%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin0.9%D
Grade D: LowNet Income / Revenue
Operating Margin0.6%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin41.8%C
Grade C: AverageGross Profit / Revenue
FCF Margin11.3%C
Grade C: AverageFCF / Revenue
True FCF Margin6.2%C
Grade C: AverageTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Financial Health
43D+Altman Z-Score0.07D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.02xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.97xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage1.4xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity2.91xD
Grade D: HighDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Growth
25ERevenue CAGR77.2%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth—
Implied 1Y EPS growth from forward P/E vs our TTM EPS. Sparse — only where forward estimates exist
Dilution (5Y)—
Share count change over 5Y
SBC / Net Income555.4%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue5.2%C
Grade C: MedTTM stock-based comp / TTM Revenue
Quality
4/5 Loss Years75B+Piotroski F-Score8/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-3.02A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion1216.9%A
Grade A: StrongFCF / Net Income
Margin Stability43.7%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue0.3%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.34xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
More metrics — Per Share, Balance Sheet, MarketHide additional metrics
Per Share
EPS (TTM)—
TTM net income per share (Finnhub fallback)
Cash / Share$1.80
Cash & short-term investments per share (Finnhub)
Book Value / Share$0.71
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$999.40M
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$605.05M
Shareholders' equity (book value)
Asset / Liability1.16xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$10.85B
Current Market Capitalization
Beta1.68C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
Takeaway
Neutral
Company is effectively debt-free after netting cash.
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Mar 2026 · Ratio snapshot Sep 23, 2026
Key Insights: DraftKings Inc. Class A Common Stock (DKNG)
Composite verdict for DraftKings Inc. Class A Common Stock: Neutral. DraftKings Inc. Class A Common Stock meets 8 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 0.07 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -3.02 suggests a low likelihood of earnings manipulation.
- Revenue has compounded at roughly 77% annually — a strong growth profile.
- Company is effectively debt-free after netting cash.
- Interest coverage of 1.4× leaves little room for earnings shocks.
- DraftKings Inc. Class A Common Stock posted a net loss in 4 of 5 available completed fiscal years (2020–2025).
See how DKNG ranks on the Capex Tracker — top 50 capital spenders compared.
No significant market moves for DKNG in the last 30 days.
See DKNG move history →Frequently Asked Questions about DKNG
Is DKNG stock a buy right now?
PreMarketPrice's quantitative model rates DraftKings Inc. Class A Common Stock's financial health at 43/100 — Neutral. This is a data-driven snapshot of fundamentals, not investment advice.
Is DKNG stock overvalued?
DraftKings Inc. Class A Common Stock trades at a trailing P/E of n/a and our valuation score rates it 65/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does DraftKings Inc. Class A Common Stock report earnings?
No confirmed earnings date is currently scheduled for DKNG. The Earnings section lists recent reports and updates as dates are announced.
What sector does DraftKings Inc. Class A Common Stock operate in?
DraftKings Inc. Class A Common Stock operates in the Consumer Cyclical sector, within the Services-Miscellaneous Amusement & Recreation industry. The Related Stocks section lists sector peers for comparison.
What does DraftKings Inc. Class A Common Stock do?
DraftKings got its start in 2012 as an innovator in daily fantasy sports.
About DraftKings Inc. Class A Common Stock (DKNG) Stock
DraftKings Inc. Class A Common Stock (DKNG) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Services-Miscellaneous Amusement & Recreation industry. Real-time pricing data for DraftKings Inc. Class A Common Stock is available on this page with a market capitalization of $10.8 billion. The financial health score for DKNG is 43/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for DKNG stock.
DKNG Stock Analysis & Key Metrics
On PreMarketPrice, you can track DraftKings Inc. Class A Common Stock (DKNG) across multiple dimensions:
- Pre-market price & movement: Real-time DKNG stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for DKNG with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for DraftKings Inc. Class A Common Stock across multiple reporting periods.
- Financial health score: A composite score of 43/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for DKNG.
- Sector peers: Compare DKNG against 10 other consumer cyclical stocks on key financial metrics.
Is DKNG a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate DraftKings Inc. Class A Common Stock (DKNG) as an investment. The financial health score of 43/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.DraftKings Inc. Class A Common Stock (DKNG) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.