Mostly Markets
Subscribe
Stocks/Consumer Discretionary/Casinos & Gaming

DraftKingsDKNG

Casinos & Gaming
Solid businessPricier than peers
$20.91+0.92%After hours: $20.85 (−0.29%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 31.8% over 1 year
DraftKings over 1 yearDaily close, $, to 30 Oct 2026
$25$30$35Nov2026MarMayJulSep$20.91$30NovMarJul$20.91
Source: Nasdaq daily closes
Market value$10.38B
Price to earnings–
Forward P/E55.2x
Dividend yield–
Year to date−39.3%
One year−31.8%
Next earningsThu 5 Nov, after the close
SectorConsumer Discretionary
52-week range (closes)
$18.59$36.24

Quality and valuation

How DraftKings compares with other consumer discretionary stocks. A description, not a recommendation.

DraftKings and 5 casinos & gaming peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among consumer discretionary companies, priced above most of them.

DraftKings trades at 55.2 times the next 12 months of expected earnings, against a median of 19.5x for the 66 consumer discretionary stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +15.0% vs +8.1%
  • Keeps less of each sale (gross margin): 40.5% vs 40.5%
  • Less profitable (operating margin): −2.9% vs 13.8%
  • Turns more of its sales into cash: 10.5% vs 10.1%
DKNG trades at 55.2x forward earnings, above the sector medianForward p/e, Casinos & Gaming peers
BABA12.3xTM14.3xMCD19.6xHD21.4xAMZN25.7xTJX26.0xDKNG55.2xTSLA218.4xSector median 19.5xBABA12.3xTM14.3xMCD19.6xHD21.4xAMZN25.7xTJX26.0xDKNG55.2xTSLA218.4xSector median 19.5x
Source: CNBC quotes; Mostly Markets

Financials

From DraftKings's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue fell 4.6% from a year earlierQuarterly revenue, $bn, latest Q2 ’26
$0.0bn$0.5bn$1.0bn$1.5bnQ3 ’24Q1 ’25Q3 ’25$1.4bnQ2 ’26$0bn$1bnQ3 ’24Q1 ’25Q3 ’25$1.4bnQ2 ’26
Source: SEC filings
Growth slowed to −4.6% last quarterRevenue growth, year on year, %
0%20%40%Q3 ’24Q1 ’25Q3 ’25−4.6%Q2 ’260%20%40%Q3 ’24Q1 ’25Q3 ’25−4.6%Q2 ’26
Source: SEC filings
Operating margin was -4.7% last quarterOperating income as a share of revenue, %
−20%−10%0%10%Q3 ’24Q1 ’25Q3 ’25−4.7%Q2 ’26−20%0%Q3 ’24Q1 ’25Q3 ’25−4.7%Q2 ’26
Source: SEC filings
Free cash flow was $651 million over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200mQ3 ’24Q1 ’25Q3 ’25$107mQ2 ’26$0m$200mQ3 ’24Q1 ’25Q3 ’25$107mQ2 ’26
Source: SEC filings
Last 12 monthsDKNGSector median
Revenue growth+15.0%+8.1%
Gross margin40.5%40.5%
Operating margin−2.9%13.8%
Free cash flow margin10.5%10.1%

Stories on DraftKings

We haven't written about DraftKings yet. Follow it, and its first story will show under My stocks on the front page.

Similar companies

Casinos & Gaming, by market value.

CompanyPriceTodayYTDValue
AMZNAmazon$240.35−1.41%+4.1%$2.59T
TSLATesla$399.81−0.87%−11.1%$1.58T
HDHome Depot$329.20+0.07%−4.3%$328B
TMToyota$195.71−0.47%−8.6%$286B
BABAAlibaba$98.04−1.51%−33.1%$244B
MCDMcDonald's$258.12+0.29%−15.5%$183B
TJXTJX Companies$140.31−0.76%−8.7%$154B
SONYSony Group$25.30−0.67%−1.2%$151B