DraftKings Inc
NASDAQ:DKNG

Watchlist Manager
DraftKings Inc Logo
DraftKings Inc
NASDAQ:DKNG
Watchlist
Price: 38.965 USD -3.43% Market Closed
Market Cap: 19B USD
Have any thoughts about
DraftKings Inc?
Write Note

Operating Margin
DraftKings Inc

-10.6%
Current
-63%
Average
7.2%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-10.6%
=
Operating Profit
-487.3m
/
Revenue
4.6B

Operating Margin Across Competitors

Country US
Market Cap 19B USD
Operating Margin
-11%
Country IE
Market Cap 37.2B GBP
Operating Margin
4%
Country US
Market Cap 37.4B USD
Operating Margin
23%
Country AU
Market Cap 43.3B AUD
Operating Margin
29%
Country MO
Market Cap 173.6B HKD
Operating Margin
21%
Country HK
Market Cap 149.8B HKD
Operating Margin
18%
Country SE
Market Cap 171.3B SEK
Operating Margin
63%
Country ZA
Market Cap 10.7B Zac
Operating Margin
21%
Country ZA
Market Cap 10.6B Zac
Operating Margin
28%
Country US
Market Cap 10B USD
Operating Margin
10%
Country US
Market Cap 9.5B EUR
Operating Margin
0%
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

Discover More
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-10.6%
=
Operating Profit
-487.3m
/
Revenue
4.6B
What is the Operating Margin of DraftKings Inc?

Based on DraftKings Inc's most recent financial statements, the company has Operating Margin of -10.6%.