DraftKings Inc.

DKNG Consumer Cyclical Gambling

DraftKings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 27.0% from fiscal 2024.

Revenue
−4.58%
EPS
−143.8%
Free cash flow
−51.6%
Total debt
−0.07%

Quarter to June 2026, against a year earlier

23.40 0.29 +1.25%
Market cap
$20.9B
P/E
0.0×
Fwd P/E
−405×
Dividend yield
—
F-score
7/9
Altman Z
1.98
Beneish M
−2.60
Dividend safety
n/a

DraftKings Inc. (DKNG) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, DraftKings Inc. (DKNG) trades at a EV/EBITDA of 110×. Over the past ten years it has ranged from 0.0× (December 2025) to 127× (July 2026); the current reading is higher than 97% of that period. That is above the Gambling industry median of 6.9× and above the Consumer Cyclical sector median of 9.8×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 66.7× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 118× 233.19%
Mar 2026 35.5× (46.70%)
Dec 2025 66.7× —
Sep 2025 0.0× —
24 more quarters

Against its own ten years

Low 0.0× High 127×
Ten-year median 0.0×
Current reading's percentile 97

EV/EBITDA against peers

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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