DraftKings Inc
NASDAQ:DKNG

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DraftKings Inc
NASDAQ:DKNG
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Price: 34.22 USD -1.47% Market Closed
Market Cap: 17.1B USD

DraftKings Inc
Pre-Tax Income

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
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
DraftKings Inc
NASDAQ:DKNG
Pre-Tax Income
-$593.2m
CAGR 3-Years
27%
CAGR 5-Years
-33%
CAGR 10-Years
N/A
Las Vegas Sands Corp
NYSE:LVS
Pre-Tax Income
$2B
CAGR 3-Years
N/A
CAGR 5-Years
-11%
CAGR 10-Years
-6%
MGM Resorts International
NYSE:MGM
Pre-Tax Income
$1.1B
CAGR 3-Years
-9%
CAGR 5-Years
-17%
CAGR 10-Years
11%
Wynn Resorts Ltd
NASDAQ:WYNN
Pre-Tax Income
$643.4m
CAGR 3-Years
N/A
CAGR 5-Years
6%
CAGR 10-Years
-4%
Churchill Downs Inc
NASDAQ:CHDN
Pre-Tax Income
$573.2m
CAGR 3-Years
19%
CAGR 5-Years
24%
CAGR 10-Years
22%
Light & Wonder Inc
NASDAQ:LNW
Pre-Tax Income
$421m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A

DraftKings Inc
Glance View

Economic Moat
Narrow
Market Cap
17.1B USD
Industry
Hotels, Restaurants & Leisure

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
48.33 USD
Undervaluation 29%
Intrinsic Value
Price

See Also

What is DraftKings Inc's Pre-Tax Income?
Pre-Tax Income
-593.2m USD

Based on the financial report for Dec 31, 2024, DraftKings Inc's Pre-Tax Income amounts to -593.2m USD.

What is DraftKings Inc's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 5Y
-33%

Over the last year, the Pre-Tax Income growth was 25%. The average annual Pre-Tax Income growth rates for DraftKings Inc have been 27% over the past three years , -33% over the past five years .

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