DraftKings Inc
NASDAQ:DKNG

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DraftKings Inc
NASDAQ:DKNG
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Price: 38.34 USD -4.98% Market Closed
Market Cap: 18.7B USD
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DraftKings Inc
Change in Working Capital

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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DraftKings Inc
Change in Working Capital Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Change in Working Capital CAGR 3Y CAGR 5Y CAGR 10Y
DraftKings Inc
NASDAQ:DKNG
Change in Working Capital
$134.9m
CAGR 3-Years
-18%
CAGR 5-Years
57%
CAGR 10-Years
N/A
Las Vegas Sands Corp
NYSE:LVS
Change in Working Capital
$35m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-2%
MGM Resorts International
NYSE:MGM
Change in Working Capital
-$318.3m
CAGR 3-Years
N/A
CAGR 5-Years
3%
CAGR 10-Years
-2%
Wynn Resorts Ltd
NASDAQ:WYNN
Change in Working Capital
-$71.2m
CAGR 3-Years
41%
CAGR 5-Years
N/A
CAGR 10-Years
7%
Churchill Downs Inc
NASDAQ:CHDN
Change in Working Capital
$204.6m
CAGR 3-Years
-5%
CAGR 5-Years
24%
CAGR 10-Years
39%
Light & Wonder Inc
NASDAQ:LNW
Change in Working Capital
-$110m
CAGR 3-Years
N/A
CAGR 5-Years
25%
CAGR 10-Years
N/A
No Stocks Found

DraftKings Inc
Glance View

Market Cap
18.7B USD
Industry
Hotels, Restaurants & Leisure
Economic Moat
Narrow

DraftKings Inc. emerges from the vibrant crossroads of innovation and entertainment, where the love for sports blends seamlessly with the excitement of digital gaming. Established in 2012, DraftKings was born from the vision of three Boston-based entrepreneurs who wanted to elevate the sports experience beyond passive viewing by introducing daily fantasy sports competitions. Rather than waiting until the end of a sports season, fans could now engage with their favorite leagues on a daily basis, crafting lineups and earning points based on real-player performances. This model tapped into a growing market of sports aficionados eager for deeper immersion and interaction with the games they love. Fast forward to today, DraftKings has evolved into a leading player in the digital sports entertainment and gaming industry. With the legalization of sports betting across various states in the U.S., DraftKings expanded its offerings to include online sports wagering. This move allows users to place bets on an array of sports events directly from their smartphones or computers, blending the strategy of prediction with the thrill of real-time outcomes. The company generates revenue primarily through the conversion of user wagers into income, augmented by its offerings of daily fantasy sports contests and access fees. Furthermore, with a robust platform capable of supporting intense real-time interaction, DraftKings captures a dynamic slice of the market that not only seeks entertainment but also the potential for monetizable engagement, thus carving out a unique niche in the sports gaming landscape.

DKNG Intrinsic Value
47.7 USD
Undervaluation 20%
Intrinsic Value
Price

See Also

What is DraftKings Inc's Change in Working Capital?
Change in Working Capital
134.9m USD

Based on the financial report for Dec 31, 2023, DraftKings Inc's Change in Working Capital amounts to 134.9m USD.

What is DraftKings Inc's Change in Working Capital growth rate?
Change in Working Capital CAGR 5Y
57%

Over the last year, the Change in Working Capital growth was 11%. The average annual Change in Working Capital growth rates for DraftKings Inc have been -18% over the past three years , 57% over the past five years .

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