DraftKings Inc. (DKNG) vs Light & Wonder, Inc. (LNWO)
DraftKings Inc. and Light & Wonder, Inc. are both Gambling companies. DraftKings Inc. is the larger, with a market value of $18.7B against $7.0B — 2.7× the size. DraftKings Inc. has negative trailing earnings, so its P/E is not meaningful; Light & Wonder, Inc. trades at 22.6×. DraftKings Inc. grew revenue faster over the last twelve months: 15.0% against 4.75%. Light & Wonder, Inc. has the higher net margin (8.09% vs −2.68%) and the higher return on invested capital (8.00% vs −11.2%). Across the 20 metrics below, Light & Wonder, Inc. leads on 12 and DraftKings Inc. on 8.
Valuation
Profitability
| Metric | DKNG | LNWO | Gambling median |
|---|---|---|---|
| Gross margin | 40.54% | 74.35% | 51.63% |
| Operating margin | (2.93%) | 19.83% | (1.47%) |
| Net margin | (2.68%) | 8.09% | (3.01%) |
| Free cash flow margin | 7.99% | 16.57% | 2.54% |
| Return on equity | (21.14%) | 53.98% | 10.65% |
| Return on assets | (3.81%) | 4.22% | (1.07%) |
| Return on invested capital | (11.21%) | 8.00% | 0.00% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack