Last Price$38.73.8%
Market Cap$18.7B
LTM Gross margin
38.1%
5Y avg
41.6%
Gambling, Resorts & Casinos industry
median
44.1%
Stock quality & Intrinsic value
5/10
(0.4%) overvalued
DraftKings Inc. Gross margin
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 83.5% | 78.5% | 67.9% | 43.6% | 38.7% | 33.8% | 37.5% | 38.1% |
Overvalued or undervalued?
Check the intrinsic value for DKNG
and see if it's the right time to invest.
DraftKings Inc. (DKNG) Gross margin comparison analysis
General
LTM Gross margin
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
DraftKings Inc.DKNG
38.1%
30.1%
(39.3%)
(10.6%)
Median Peer Set
46.8%
7.8%
0.6%
9.3%
Light & Wonder, Inc.LNW
75.3%
9.9%
217.9%
10.5%
Hilton Grand Vacations Inc.HGV
58.4%
25.2%
(83.8%)
0.9%
Boyd Gaming CorporationBYD
54.2%
5.1%
1.1%
14.7%
Churchill Downs IncorporatedCHDN
50.6%
11.1%
4.0%
15.6%
International Game Technology PLCIGT
47.5%
(41.7%)
120.5%
13.9%
Caesars Entertainment, Inc.CZR
46.0%
(2.5%)
N/A
(2.5%)
MGM Resorts InternationalMGM
43.3%
6.7%
(24.2%)
4.3%
Las Vegas Sands Corp.LVS
43.0%
8.9%
84.4%
12.8%
Wynn Resorts, LimitedWYNN
41.0%
9.1%
(26.8%)
7.0%
Vail Resorts, Inc.MTN
40.5%
(0.1%)
(10.1%)
8.0%
DKNG key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| 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.
3M Return 32.1%
S&P Outperformance 19.1%
Next 3M Predicted Return 20.3%
Undervalued growth stocks
Discover the top 20 best undervalued large-cap growth stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.
3M Return 35.3%
S&P Outperformance 22.3%
Next 3M Predicted Return 26.8%
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.
3M Return 28.4%
S&P Outperformance 15.4%
Next 3M Predicted Return 16.9%
FAQ
1) What is DraftKings Inc.'s Gross margin?
As of today, Microsoft Corp's last 12-month Gross margin is 38.1%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Gross margin for DraftKings Inc. have been 36.9% over the past three years, and 43.7% over the past five years.
2) Is DraftKings Inc.'s Gross margin Good?
As of today, DraftKings Inc.'s Gross margin is 38.1%, which is lower than industry median of 44.1%. It indicates that DraftKings Inc.'s Gross margin is Bad.