DraftKings Inc. (DKNG) Financial Analysis and Rating

Comparison Analysis Based on SEC Data

Company Name DraftKings Inc.
Industry (SIC) 799 - Miscellaneous Amusement And Recreation
Revenue in 2025 $6,055 million (ranked #4 out of 41 companies in the industry)
Assets as of 12/31/2025 $4,531 million (ranked #10)
Market Cap $11,786 million (Sep 11, 2026)
Analyzed report 12/31/2024 (filed 2/14/2025)

Year:

Financial Position and Performance

Compared with 2024 industry ratios Change during the year

worse

deteriorated
Compared with all listed companies

worse

Compare with a competitor

Financial Ratios Benchmarking

Financial Ratio Comparison of company ratios for 2024
with industry ratios
(79 - Amusement And Recreation Services)
with all listed companies
Solvency Ratios
Debt ratio 
0.76
0.63
0.76
0.61
Debt-to-equity ratio 
3.24
1.29
3.24
1.35
Interest coverage ratio 
-199.62
2.65
-199.62
2.45
Liquidity Ratios
Current Ratio 
0.93
1.03
0.93
1.78
Quick Ratio 
0.51
0.72
0.51
1.06
Cash Ratio 
0.48
0.57
0.48
0.59
Profitability Ratios
Profit margin 
-10.6%
3.1%
-10.6%
3%
ROE (Return on equity), after tax 
-54.7%
5.3%
-54.7%
5.1%
ROA (Return on assets) 
-12.3%
2%
-12.3%
0.9%
Activity Ratios
Asset turnover (days) 
316
773
316
776
Receivables turnover (days) 
4
25
4
48
Resulting score -0,8 -0,9

Year:

Additional Ratios (not used in score calculation)

Financial Ratio Comparison of company ratios for 2024
with industry ratios
(79 - Amusement And Recreation Services)
with all listed companies
Profitability Ratios
Gross margin 
38.1%
38.9%
38.1%
43.6%
Operating margin (Return on sales) 
-12.4%
3.5%
-12.4%
5.1%
Activity Ratios
EBIT  $(591)M
EBITDA  $(320)M
Price Ratios
Earnings per Share (basic)  $-1.05
Earnings per Share (diluted)  $-1.05

Auditor's Conclusion

We have performed a comparative analysis of the balance sheet and income statement of DraftKings Inc. (hereafter – the "Company") for the year 2024 as filed with the U.S. Securities and Exchange Commission (SEC). The primary business activity of the Company is "Miscellaneous Amusement And Recreation"