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DraftKings Inc. DraftKings Inc.

DraftKings Inc.

DKNG
Rank in Stocks #1592
DraftKings Inc. operates a digital sports entertainment and gaming company. It... DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
Share Price
$20.94
Market Cap
$10.38B
Change (1 day)
1.06%
Change (1 year)
-41.57%
Country
US
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P/E ratio for DraftKings Inc. (DKNG)
P/E ratio as of April 2026 TTM: 2.84K
According to DraftKings Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.84K. At the end of 2023 the company had a P/E ratio of -20.33.
P/E ratio history for DraftKings Inc. from 2017 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 2.84K -8,134.42%
2024 -35.34 73.85%
2023 -20.33 462.24%
2022 -3.62 -50.10%
2021 -7.25 -57.03%
2020 -16.86 21.45%
2019 -13.89 -41.50%
2018 -23.74 -0.87%
2017 -23.94 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
17.66 -99.38%
AU
10.07 -99.65%
SE
9.78 -99.66%
GR
64.07 -97.74%
US
7.39 -99.74%
JP
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.