DraftKings Financial Statements From 2010 to 2024

DKNG Stock  USD 43.00  0.09  0.21%   
DraftKings financial statements provide useful quarterly and yearly information to potential DraftKings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on DraftKings financial statements helps investors assess DraftKings' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting DraftKings' valuation are summarized below:
Gross Profit
756.2 M
Profit Margin
(0.09)
Market Capitalization
21 B
Enterprise Value Revenue
4.663
Revenue
4.6 B
There are over one hundred nineteen available fundamental signals for DraftKings, which can be analyzed over time and compared to other ratios. Active traders should verify all of DraftKings prevailing fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. Enterprise Value is estimated to decrease to about 1.4 B

DraftKings Total Revenue

3.85 Billion

Check DraftKings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DraftKings' main balance sheet or income statement drivers, such as Tax Provision of 13.7 M, Net Interest Income of 50.4 M or Depreciation And Amortization of 212 M, as well as many indicators such as Price To Sales Ratio of 4.23, Dividend Yield of 0.0 or PTB Ratio of 18.44. DraftKings financial statements analysis is a perfect complement when working with DraftKings Valuation or Volatility modules.
  
Check out the analysis of DraftKings Correlation against competitors.
For more detail on how to invest in DraftKings Stock please use our How to Invest in DraftKings guide.

DraftKings Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Other Current Liabilities1.4 B1.3 B426.4 M
Slightly volatile
Total Current Liabilities1.6 B1.5 B510 M
Slightly volatile
Other Liabilities96.8 M173.2 M61.8 M
Slightly volatile
Accounts Payable26.1 M34.1 M18.9 M
Slightly volatile
Other Assets0.951.018 M
Slightly volatile
Common Stock Shares Outstanding339.6 M462.6 M252.9 M
Slightly volatile
Other Current Assets307.9 M451.6 M200.8 M
Slightly volatile
Total Current Assets1.5 B2.1 B832.2 M
Slightly volatile
Common Stock169.4 K85 K287.4 K
Slightly volatile
Property Plant Equipment152.2 M145 M41.8 M
Slightly volatile
Total AssetsB3.9 B1.4 B
Slightly volatile
Short and Long Term Debt Total760.8 M1.3 B329.4 M
Slightly volatile
Property Plant And Equipment Net98.9 M154.7 M50.1 M
Slightly volatile
Current Deferred Revenue41.5 M43.6 M48.4 M
Slightly volatile
Cash1.2 B1.3 B594.9 M
Slightly volatile
Non Current Assets Total1.2 B1.9 B532.3 M
Slightly volatile
Non Currrent Assets Other138.1 M131.5 M33 M
Slightly volatile
Cash And Short Term Investments1.2 B1.3 B594.9 M
Slightly volatile
Net Receivables366.8 M349.3 M87.4 M
Slightly volatile
Good Will544 MB245.5 M
Slightly volatile
Common Stock Total Equity68.4 K72 K281.7 K
Slightly volatile
Liabilities And Stockholders EquityB3.9 B1.4 B
Slightly volatile
Non Current Liabilities Total980.4 M1.6 B575.8 M
Slightly volatile
Inventory327.8 M540.1 M216.8 M
Slightly volatile
Other Stockholder Equity4.5 B6.7 B2.3 B
Slightly volatile
Total Liabilities1.8 B3.1 B1.1 B
Slightly volatile
Property Plant And Equipment Gross120.2 M230.1 M59.2 M
Slightly volatile
Short and Long Term Debt5.8 M7.8 MM
Slightly volatile
Capital Stock146.9 K85 K288.1 K
Slightly volatile
Non Current Liabilities Other89.4 M84 M53.1 M
Slightly volatile
Net Working Capital897.6 M521.7 M421.6 M
Slightly volatile
Short Term Debt17.1 M23 M9.4 M
Slightly volatile
Intangible Assets478.4 M690.6 M214.8 M
Slightly volatile
Long Term Debt1.1 B1.3 B449.1 M
Slightly volatile
Short Term Investments2.5 M2.7 M270.2 M
Slightly volatile
Capital Surpluse3.8 B6.6 B1.8 B
Slightly volatile
Capital Lease Obligations87.4 M92.3 M81.4 M
Very volatile
Deferred Long Term Liabilities83.2 M91 M75 M
Slightly volatile
Long Term Debt Total998.8 M1.1 B1.2 B
Slightly volatile

DraftKings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization212 M201.9 M56.9 M
Slightly volatile
Selling General Administrative456.2 M606.6 M250.3 M
Slightly volatile
Selling And Marketing Expenses683.7 M1.2 B408.7 M
Slightly volatile
Total Revenue3.8 B3.7 B916.6 M
Slightly volatile
Gross Profit1.4 B1.4 B401.3 M
Slightly volatile
Other Operating Expenses4.7 B4.5 B1.3 B
Slightly volatile
Research Development189.3 M355.2 M102.4 M
Slightly volatile
Cost Of Revenue2.4 B2.3 B515.4 M
Slightly volatile
Total Operating Expenses1.3 B2.2 B761.4 M
Slightly volatile
Reconciled Depreciation205.1 M195.3 M56 M
Slightly volatile
Interest Income61.3 M58.4 M10.8 M
Slightly volatile

DraftKings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation316.6 M398.5 M157.5 M
Slightly volatile
Begin Period Cash Flow1.1 B1.8 B535.9 M
Slightly volatile
Depreciation212 M201.9 M56.9 M
Slightly volatile
Capital Expenditures69.1 M113.4 M37.5 M
Slightly volatile
End Period Cash Flow1.3 B1.6 B647.3 M
Slightly volatile
Change To Netincome265.8 M530.7 M153.9 M
Slightly volatile
Dividends Paid69.1 M72.7 M167 M
Pretty Stable
Cash And Cash Equivalents Changes906.1 M471.9 M1.4 B
Slightly volatile
Cash Flows Other Operating197.8 M323.7 M129.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.234.44888.8084
Pretty Stable
Days Sales Outstanding24.3934.784218.5717
Slightly volatile
Average Payables12.3 M17.5 M13.4 M
Slightly volatile
Stock Based Compensation To Revenue0.180.10870.1251
Slightly volatile
Capex To Depreciation0.530.56151.3056
Pretty Stable
EV To Sales4.254.46948.4234
Slightly volatile
Inventory Turnover2.992.841.1003
Slightly volatile
Days Of Inventory On Hand126133596
Slightly volatile
Payables Turnover70.5267.16622.972
Slightly volatile
Sales General And Administrative To Revenue0.160.16550.3406
Pretty Stable
Research And Ddevelopement To Revenue0.180.09690.1367
Slightly volatile
Capex To Revenue0.02940.03090.0554
Pretty Stable
Cash Per Share2.12.74641.4886
Slightly volatile
Days Payables Outstanding5.165.434392.9704
Slightly volatile
Income Quality0.00210.00220.7766
Slightly volatile
Intangibles To Total Assets0.420.39980.1779
Slightly volatile
Current Ratio1.521.33671.4644
Slightly volatile
Receivables Turnover16.4710.493325.4623
Slightly volatile
Graham Number8.468.41845.5782
Slightly volatile
Capex Per Share0.150.24510.116
Slightly volatile
Revenue Per Share8.327.92352.5266
Slightly volatile
Interest Debt Per Share2.882.74090.8245
Slightly volatile
Debt To Assets0.340.32070.1162
Slightly volatile
Operating Cycle33.0434.7842591
Slightly volatile
Days Of Payables Outstanding5.165.434392.9704
Slightly volatile
Ebt Per Ebit1.091.00261.0144
Pretty Stable
Quick Ratio1.231.33671.2755
Slightly volatile
Net Income Per E B T1.11.01381.0064
Pretty Stable
Cash Ratio0.990.81990.7865
Slightly volatile
Days Of Inventory Outstanding126133596
Slightly volatile
Days Of Sales Outstanding24.3934.784218.5717
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio69.0465.754410.0103
Slightly volatile
Fixed Asset Turnover32.5523.696671.8264
Slightly volatile
Debt Ratio0.340.32070.1162
Slightly volatile
Price Sales Ratio4.234.44888.8084
Pretty Stable
Asset Turnover0.750.92920.8566
Slightly volatile
Gross Profit Margin0.610.37460.6857
Slightly volatile

DraftKings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.5 B1.8 B1.8 B
Very volatile
Enterprise Value1.4 B1.8 B1.8 B
Very volatile

DraftKings Fundamental Market Drivers

Forward Price Earnings36.3636
Cash And Short Term Investments1.3 B

DraftKings Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About DraftKings Financial Statements

DraftKings stakeholders use historical fundamental indicators, such as DraftKings' revenue or net income, to determine how well the company is positioned to perform in the future. Although DraftKings investors may analyze each financial statement separately, they are all interrelated. For example, changes in DraftKings' assets and liabilities are reflected in the revenues and expenses on DraftKings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DraftKings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue43.6 M41.5 M
Total Revenue3.7 B3.8 B
Cost Of Revenue2.3 B2.4 B
Stock Based Compensation To Revenue 0.11  0.18 
Sales General And Administrative To Revenue 0.17  0.16 
Research And Ddevelopement To Revenue 0.10  0.18 
Capex To Revenue 0.03  0.03 
Revenue Per Share 7.92  8.32 
Ebit Per Revenue(0.22)(0.23)

Currently Active Assets on Macroaxis

When determining whether DraftKings is a strong investment it is important to analyze DraftKings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DraftKings' future performance. For an informed investment choice regarding DraftKings Stock, refer to the following important reports:
Check out the analysis of DraftKings Correlation against competitors.
For more detail on how to invest in DraftKings Stock please use our How to Invest in DraftKings guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of DraftKings. If investors know DraftKings will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about DraftKings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.87)
Revenue Per Share
9.655
Quarterly Revenue Growth
0.387
Return On Assets
(0.07)
Return On Equity
(0.44)
The market value of DraftKings is measured differently than its book value, which is the value of DraftKings that is recorded on the company's balance sheet. Investors also form their own opinion of DraftKings' value that differs from its market value or its book value, called intrinsic value, which is DraftKings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DraftKings' market value can be influenced by many factors that don't directly affect DraftKings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DraftKings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DraftKings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DraftKings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.