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DraftKings (BSP:D2KN34) EV-to-EBIT : -46.35 (As of Jul. 24, 2025)


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What is DraftKings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, DraftKings's Enterprise Value is R$127,754 Mil. DraftKings's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was R$-2,757 Mil. Therefore, DraftKings's EV-to-EBIT for today is -46.35.

The historical rank and industry rank for DraftKings's EV-to-EBIT or its related term are showing as below:

BSP:D2KN34' s EV-to-EBIT Range Over the Past 10 Years
Min: -71.92   Med: -18.59   Max: -2.39
Current: -47.55

During the past 8 years, the highest EV-to-EBIT of DraftKings was -2.39. The lowest was -71.92. And the median was -18.59.

BSP:D2KN34's EV-to-EBIT is ranked worse than
100% of 634 companies
in the Travel & Leisure industry
Industry Median: 16.77 vs BSP:D2KN34: -47.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. DraftKings's Enterprise Value for the quarter that ended in Mar. 2025 was R$98,946 Mil. DraftKings's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 was R$-2,757 Mil. DraftKings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 was -2.79%.


DraftKings EV-to-EBIT Historical Data

The historical data trend for DraftKings's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DraftKings EV-to-EBIT Chart

DraftKings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EV-to-EBIT
Get a 7-Day Free Trial -19.82 -6.84 -3.57 -21.23 -31.75

DraftKings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.60 -40.60 -40.57 -31.75 -35.86

Competitive Comparison of DraftKings's EV-to-EBIT

For the Gambling subindustry, DraftKings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DraftKings's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DraftKings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where DraftKings's EV-to-EBIT falls into.


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DraftKings EV-to-EBIT Calculation

DraftKings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=127754.301/-2756.558
=-46.35

DraftKings's current Enterprise Value is R$127,754 Mil.
DraftKings's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-2,757 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DraftKings  (BSP:D2KN34) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

DraftKings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2025 ) =EBIT / Enterprise Value (Q: Mar. 2025 )
=-2756.558/98946.01312
=-2.79 %

DraftKings's Enterprise Value for the quarter that ended in Mar. 2025 was R$98,946 Mil.
DraftKings's EBIT for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-2,757 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DraftKings EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of DraftKings's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


DraftKings Business Description

Traded in Other Exchanges
Address
222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in 28 states and iGaming in five states, with both products available to around 40% of Canada's population. In 2024, sports revenue was 61% of total sales, i-gaming 32%, and fantasy and lottery 7%. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.

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