- ISIN
- US26142R1041
- CUSIP
- 26142R104
- Sector
- Consumer Cyclical
- Industry
- Gambling
- IPO Date
- Apr 24, 2020
Highlights
- Market Cap
- $11.77B
- Enterprise Value
- $12.12B
- EPS (TTM)
- $0.17
- PE Ratio
- 143.12
- Total Revenue (TTM)
- $6.29B
- Gross Profit (TTM)
- $2.63B
- EBITDA (TTM)
- $319.39M
- Year Range
- $20.46 - $48.78
- Target Price
- $36.64
- ROA (TTM)
- 1.36%
- ROE (TTM)
- 9.69%
- Avg. Volume (1M)
- 11M
- Avg. Volume Value (1M)
- $265.80M
Share Price Chart
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Performance
DKNG Performance Chart
DraftKings Inc. (DKNG) is down 31.2% since the beginning of the year. At $24 per share, DKNG is trading 51.4% below its 52-week high of $49. Investors who bought $1,000 worth of DKNG shares 5 years ago would now be looking at an investment worth $489.
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Returns By Period
DraftKings Inc. (DKNG) has returned -31.17% so far this year and -48.15% over the past 12 months.
DraftKings Inc.
- 1D
- -3.38%
- 1M
- -6.10%
- 6M
- -20.77%
- YTD
- -31.17%
- 1Y
- -48.15%
- 3Y*
- -9.29%
- 5Y*
- -13.33%
- 10Y*
- —
- ALL TIME*
- 2.36%
Benchmark (S&P 500 Index)
- 1D
- 1.66%
- 1M
- -0.82%
- 6M
- 6.72%
- YTD
- 8.65%
- 1Y
- 16.89%
- 3Y*
- 17.46%
- 5Y*
- 11.09%
- 10Y*
- 13.10%
- ALL TIME*
- 8.07%
DKNG Monthly Returns History
Based on dividend-adjusted daily data since Apr 24, 2020, DKNG's average daily return is +0.09%, while the average monthly return is +2.10%. At this rate, an investment would double in approximately 2.8 years.
Historically, 51% of months were positive and 49% were negative. The best month was May 2020 with a return of +104.0%, while the worst month was Oct 2020 at -39.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, DKNG closed higher 50% of trading days. The best single day was Sep 14, 2020 with a return of +17.3%, while the worst single day was Nov 4, 2022 at -27.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -20.17% | -13.34% | -9.31% | 7.86% | 5.02% | 3.14% | -6.10% | -31.17% | |||||
| 2025 | 12.77% | 4.55% | -24.28% | 0.24% | 7.78% | 19.54% | 5.01% | 6.53% | -22.05% | -18.21% | 8.40% | 3.92% | -7.37% |
| 2024 | 10.78% | 10.93% | 4.82% | -8.48% | -15.47% | 8.65% | -3.20% | -6.63% | 13.62% | -9.90% | 23.58% | -14.78% | 5.53% |
| 2023 | 31.61% | 25.82% | 2.65% | 13.17% | 6.53% | 13.84% | 19.61% | -6.70% | -0.71% | -6.18% | 38.45% | -7.82% | 209.48% |
| 2022 | -19.59% | 7.20% | -17.78% | -29.74% | -0.95% | -13.87% | 17.65% | 16.97% | -5.73% | 4.36% | -3.04% | -25.65% | -58.54% |
| 2021 | 16.22% | 13.71% | -0.33% | -7.61% | -11.84% | 4.44% | -7.03% | 22.25% | -18.77% | -3.26% | -25.84% | -20.49% | -41.00% |
Benchmark Metrics
DraftKings Inc. has an annualized alpha of -5.38%, beta of 1.63, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since April 24, 2020.
- This stock participated in 166.00% of S&P 500 Index downside but only 109.38% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.19 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -5.38%
- Beta
- 1.63
- R²
- 0.19
- Upside Capture
- 109.38%
- Downside Capture
- 166.00%
Return for Risk
Risk / Return Rank
DKNG ranks 9 for risk / return — above 9% of stocks peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for DraftKings Inc. (DKNG) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DKNG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.28 | ||
| Sortino ratioReturn per unit of downside risk | -3.24 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.24 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | 1.86 | -2.71 |
| Martin ratioReturn relative to average drawdown | -1.23 | 7.90 | -9.13 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the DraftKings Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the DraftKings Inc. was 85.73%, occurring on May 11, 2022. The portfolio has not yet recovered.
The current DraftKings Inc. drawdown is 67.05%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-85.73%May 2022 | 1y 1mo | — | 5y 4moMar 2021 - now | Bear market2022 |
-44.50%Oct 2020 | 25d | 3mo 8d | 4mo 3dOct 2020 - Feb 2021 | — |
-32.49%Jul 2020 | 1mo 11d | 2mo 3d | 3mo 14dJun 2020 - Sep 2020 | — |
-13.39%Mar 2021 | 3d | 5d | 8dMar 2021 - Mar 2021 | — |
-11.00%Apr 2020 | 4d | 6d | 10dApr 2020 - May 2020 | COVID crash2020 |
Drawdown Indicators
| DKNG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.73% | -56.78% | -28.95% |
Max Drawdown (1Y)Largest decline over 1 year | -57.04% | -9.10% | -47.94% |
Max Drawdown (3Y)Largest decline over 3 years | -61.26% | -18.90% | -42.36% |
Max Drawdown (5Y)Largest decline over 5 years | -83.87% | -25.43% | -58.44% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -67.05% | -2.26% | -64.79% |
Average DrawdownAverage peak-to-trough decline | -49.27% | -10.70% | -38.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.27% | 2.14% | +37.13% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of DraftKings Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how DraftKings Inc. is priced in the market compared to other companies in the Gambling industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for DKNG, comparing it with other companies in the Gambling industry. Currently, DKNG has a P/E ratio of 143.1. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for DKNG relative to other companies in the Gambling industry. Currently, DKNG has a P/S ratio of 1.3. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
Income Statement
| TTM | |
|---|---|
Revenue | |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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