Fundamental analysis · SEC EDGAR · TTM through 31/03/2026
DKNG · Nasdaq · Services-Miscellaneous Amusement & Recreation
Fundamental quality
74
out of 100
Draftkings Inc. earns a fundamental-quality score of 74 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its growth (revenue +55.8%/yr). Its weakest area is its profitability (net margin 0.9%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
DraftKings is one of the two big U.S. online sportsbooks, alongside FanDuel. It grew state by state as betting was legalized, spending fortunes to acquire bettors ahead of the competition.
Revenue growth: 55.8%
Net margin: 0.9% · ROE: 9.7%
Net debt/EBITDA: -3.19x · FCF: 11.3%
Source: SEC EDGAR · TTM through 31/03/2026
The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 615 | -1,232 | -206 | -1,817 |
| 2021 | 1,296 | -1,523 | -435 | -2,153 |
| 2022 | 2,240 | -1,378 | -658 | -1,309 |
| 2023 | 3,665 | -802 | -23 | -1,271 |
| 2024 | 4,768 | -507 | 408 | -788 |
| 2025 | 6,055 | 4 | 648 | -1,128 |
Between 2020 and 2025, revenue went from $615M to $6,055M (+885%) and net income went from -$1,232M to $4M (+100%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
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Is Draftkings Inc. cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Draftkings Inc. a good company to invest in?
In terms of business quality, Draftkings Inc. scores 74 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Draftkings Inc. a profitable company?
Draftkings Inc. is profitable, with a net margin of 0.9%, though a thin one.
Does Draftkings Inc. have a lot of debt?
No. Draftkings Inc. has a net cash position: more cash than debt.
Is Draftkings Inc. growing?
Its revenue has grown 55.8% annualized in recent years, and without interruption since 2020.
Does Draftkings Inc. generate cash?
Yes. It converts about 11.3% of its revenue into free cash flow.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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