DraftKings Inc.
DKNGConsumer CyclicalNASDAQGambling · Last scanned May 28, 2026
Scan Results
Daily timeframe1 of 4 indicators bearish as of May 27
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company carries a $12.44B market cap, placing it firmly in the large-cap category. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks.
Market Cap
$12.44B
Beta
1.67
P/E (TTM)
278.56
P/E (Fwd)
14.65
EPS (TTM)
$0.09
EPS (Fwd)
$1.71
ROE
7.9%
ROA
0.7%
Cash
$999.4M
Total Debt
$1.92B
Free CF
$603.2M
52W Change
-29.6%
Annual Financials
Cash vs Debt
DraftKings Inc. carries $1.92B in total debt against $999.4M in cash reserves — debt is roughly 1.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company generates $603.2M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 7.9% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.7% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $2.24B (2022) to $6.05B (2025), reflecting a 170% increase over the period.
A beta of 1.67 means DKNG is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. At over 50x earnings, DKNG carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing DKNG.