DraftKings Inc
NASDAQ:DKNG

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DraftKings Inc
NASDAQ:DKNG
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Price: 43.09 USD -1.06% Market Closed
Market Cap: 20.9B 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
20.9B USD
Industry
Hotels, Restaurants & Leisure

DraftKings Inc. has emerged as a pioneering force in the rapidly expanding world of sports betting and online gaming. Founded in 2012, the company initially gained recognition as a leader in daily fantasy sports, providing an innovative platform where users could participate in short-term contests across a wide range of sports. The company rapidly transitioned to sports betting following the legalization of such activities in several U.S. states, positioning itself as one of the prominent players in this competitive landscape. With a user-friendly app and a robust marketing strategy, DraftKings has successfully built a loyal customer base, offering not just betting options but also a comprehensive gaming experience, including online casino games and an integrated sports betting ecosystem. For investors, DraftKings represents a unique opportunity to tap into the burgeoning online gaming market, which is projected to continue its upward trajectory as more states legalize sports betting. With a commitment to innovation, the company has invested heavily in technology and customer experience, enhancing its platform's functionality and expanding its offerings. DraftKings' strategic partnerships and comprehensive marketing campaigns have bolstered its visibility and brand reputation. As the company aims for profitability amid a growth-focused business model, its ability to capture market share and adjust to regulatory changes will be crucial. With a forward-looking approach and a track record of navigating the complexities of the sports betting arena, DraftKings stands out as a compelling option for investors seeking exposure to this dynamic and high-potential industry.

DKNG Intrinsic Value
42.63 USD
Overvaluation 1%
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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