DraftKings Inc
NASDAQ:DKNG

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DraftKings Inc
NASDAQ:DKNG
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Price: 38.67 USD -4.16%
Market Cap: 18.9B USD
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DraftKings Inc
Net Income (Common)

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
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
DraftKings Inc
NASDAQ:DKNG
Net Income (Common)
-$802.1m
CAGR 3-Years
13%
CAGR 5-Years
-60%
CAGR 10-Years
N/A
Las Vegas Sands Corp
NYSE:LVS
Net Income (Common)
$1.5B
CAGR 3-Years
N/A
CAGR 5-Years
-5%
CAGR 10-Years
-6%
MGM Resorts International
NYSE:MGM
Net Income (Common)
$903.4m
CAGR 3-Years
14%
CAGR 5-Years
247%
CAGR 10-Years
21%
Wynn Resorts Ltd
NASDAQ:WYNN
Net Income (Common)
$953.3m
CAGR 3-Years
N/A
CAGR 5-Years
8%
CAGR 10-Years
1%
Churchill Downs Inc
NASDAQ:CHDN
Net Income (Common)
$410.9m
CAGR 3-Years
23%
CAGR 5-Years
23%
CAGR 10-Years
22%
Light & Wonder Inc
NASDAQ:LNW
Net Income (Common)
$295m
CAGR 3-Years
17%
CAGR 5-Years
20%
CAGR 10-Years
N/A
No Stocks Found

DraftKings Inc
Glance View

Market Cap
18.9B 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
47.66 USD
Undervaluation 19%
Intrinsic Value
Price

See Also

What is DraftKings Inc's Net Income (Common)?
Net Income (Common)
-802.1m USD

Based on the financial report for Dec 31, 2023, DraftKings Inc's Net Income (Common) amounts to -802.1m USD.

What is DraftKings Inc's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
-60%

Over the last year, the Net Income (Common) growth was 42%. The average annual Net Income (Common) growth rates for DraftKings Inc have been 13% over the past three years , -60% over the past five years .

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