DraftKings Inc. EV/Gross Profit LTM
| Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|
| EV/Gross Profit LTM | 18.9x | 82.8x | 23.5x | 8.3x | 13.6x | 10.4x |
DraftKings Inc. (DKNG) EV/Gross Profit LTM comparison analysis
General
LTM EV/Gross Profit LTM
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
DKNG key stats
| Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|
% growth | 191.8 0.0% | 226.3 17.9% | 323.4 42.9% | 614.5 90.0% | 1,296.0 110.9% | 2,240.5 72.9% | 3,665.4 63.6% | 4,767.7 30.1% |
| Cost of Goods Sold (COGS) | 31.8 | 48.7 | 103.9 | 346.6 | 794.2 | 1,484.3 | 2,292.2 | 2,950.6 |
% margin | 160.1 83.5% | 177.6 78.5% | 219.5 67.9% | 267.9 43.6% | 501.9 38.7% | 756.2 33.8% | 1,373.2 37.5% | 1,817.1 38.1% |
| Operating Expenses | 233.3 | 254.4 | 366.1 | 1,111.2 | 2,063.5 | 2,267.9 | 2,162.4 | 2,426.1 |
| Research & Development Expenses (R&D) | 20.2 | 32.9 | 55.9 | 168.6 | 253.7 | 318.2 | 355.2 | 397.1 |
| Selling, General & Administrative Expenses (SG&A) | 213.1 | 221.5 | 310.1 | 942.6 | 1,809.8 | 1,949.7 | 1,804.2 | 2,029.0 |
% margin | (73.2) (38.2%) | (76.8) (33.9%) | (146.5) (45.3%) | (843.3) (137.2%) | (1,561.6) (120.5%) | (1,511.8) (67.5%) | (789.2) (21.5%) | (609.0) (12.8%) |
| Interest Income | 0.0 | 0.0 | 1.3 | 1.1 | 2.0 | 18.7 | 58.4 | 47.3 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 1.1 | 2.0 | 18.7 | 2.7 | 3.0 |
| Pre-tax Income | (75.3) | (76.1) | (142.2) | (844.3) | (1,517.6) | (1,443.0) | (791.3) | (593.2) |
% effective tax rate | 0.2 (0.3%) | 0.1 (0.1%) | 0.1 (0.0%) | (0.6) 0.1% | 8.3 (0.5%) | (67.9) 4.7% | 10.2 (1.3%) | (86.3) 14.6% |
% margin | (75.6) (39.4%) | (76.2) (33.7%) | (142.3) (44.0%) | (843.7) (137.3%) | (1,525.9) (117.7%) | (1,375.1) (61.4%) | (802.1) (21.9%) | (507.3) (10.6%) |
| EPS | (0.41) | (0.41) | (0.77) | (2.76) | (3.79) | (3.15) | (1.73) | (1.05) |
| Diluted EPS | (0.41) | (0.41) | (0.77) | (2.76) | (3.79) | (3.15) | (1.73) | (1.05) |
% margin | (66.9) (34.9%) | (69.3) (30.6%) | (128.6) (39.8%) | (729.4) (118.7%) | (1,396.5) (107.8%) | (1,273.7) (56.9%) | (586.7) (16.0%) | (311.8) (6.5%) |
Discover more Stock Ideas
Undervalued stocks right now
Discover the top 20 best undervalued stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.
Undervalued growth stocks
Discover the top 20 best undervalued large-cap growth stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.
Undervalued dividend stocks
Discover the top 20 best undervalued high-yield dividend stock that offers both growth potential and attractive dividend returns for Mar 2025.
FAQ
1) What is DraftKings Inc.'s EV/Gross Profit LTM?
As of today, Microsoft Corp's last 12-month EV/Gross Profit LTM is 10.4x, based on the financial report for Dec 30, 2024 (Q4’2024). The average annual EV/Gross Profit LTM for DraftKings Inc. have been 17.9x over the past three years, and 30.2x over the past five years.
2) Is DraftKings Inc.'s EV/Gross Profit LTM Good?
As of today, DraftKings Inc.'s EV/Gross Profit LTM is 10.4x, which is higher than industry median of 4.8x. It indicates that DraftKings Inc.'s EV/Gross Profit LTM is Bad.