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.
P/E ratio for DraftKings Inc. (DKNG)
P/E ratio as of 2023: -20.33
According to DraftKings Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -20.33. At the end of 2022 the company had a P/E ratio of -3.62.
P/E ratio history for DraftKings Inc. from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | -20.33 |
| 2022 | -3.62 |
| 2021 | -7.25 |
| 2020 | -16.86 |
| 2019 | -13.89 |
| 2018 | -23.74 |
| 2017 | -23.94 |