DraftKings Inc
NASDAQ:DKNG

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DraftKings Inc
NASDAQ:DKNG
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Price: 38.965 USD -3.43% Market Closed
Market Cap: 19B USD
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Net Margin
DraftKings Inc

-9.1%
Current
-60%
Average
3.1%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-9.1%
=
Net Income
-417.1m
/
Revenue
4.6B

Net Margin Across Competitors

Country US
Market Cap 19B USD
Net Margin
-9%
Country IE
Market Cap 37.2B GBP
Net Margin
-6%
Country US
Market Cap 37.4B USD
Net Margin
13%
Country AU
Market Cap 43.3B AUD
Net Margin
20%
Country MO
Market Cap 173.6B HKD
Net Margin
15%
Country HK
Market Cap 149.8B HKD
Net Margin
20%
Country SE
Market Cap 171.3B SEK
Net Margin
56%
Country ZA
Market Cap 10.7B Zac
Net Margin
13%
Country ZA
Market Cap 10.6B Zac
Net Margin
13%
Country US
Market Cap 10B USD
Net Margin
5%
Country US
Market Cap 9.5B EUR
Net Margin
-9%
No Stocks Found

DraftKings Inc
Glance View

Market Cap
19B 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
47.661 USD
Undervaluation 18%
Intrinsic Value
Price

See Also

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-9.1%
=
Net Income
-417.1m
/
Revenue
4.6B
What is the Net Margin of DraftKings Inc?

Based on DraftKings Inc's most recent financial statements, the company has Net Margin of -9.1%.