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DraftKings Inc. (DKNG)
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DraftKings Inc. (DKNG) Enterprise Value (EV): $13.11B

The enterprise value (EV) for DraftKings Inc. (DKNG) is $13.11B as of Wednesday, June 10, 2026.

DKNG Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$13.11B

DKNG Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
DraftKings Inc. (DKNG)$13.11B
Lululemon Athletica Inc. (LULU)$13.69B$21.30B
Best Buy Co., Inc. (BBY)$15.99B$16.13B
NIO Inc. (NIO)$12.21B$11.62B
International Paper Company (IP)$16.87B$30.46B
Domino's Pizza, Inc. (DPZ)$10.51B$19.12B
GameStop Corp. (GME)$10.08B$8.75B
Rivian Automotive, Inc. (RIVN)$18.55B$26.45B
CAVA Group, Inc. (CAVA)$9.38B$7.14B
Wayfair Inc. (W)$9.22B$15.68B

Enterprise Value Calculation

Market Cap

$14.28B

+

Total Debt

$1.89B

Cash

$1.60B

=

Enterprise Value

$13.11B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

DraftKings Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

DraftKings Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for DraftKings Inc. (DKNG)?
The enterprise value (EV) for DKNG stock is $13.11B.

About DraftKings Inc.

DraftKings Inc. operates as a leading digital enterprise specializing in sports entertainment and gaming. The company provides sophisticated multi-channel sports betting and gaming technology solutions to operators across 17 countries, facilitating diverse entertainment experiences. Directly, DraftKings manages its own iGaming services under the DraftKings brand in five U.S. states, and separately operates Golden Nugget Online Gaming, another iGaming offering, in three states. Its Sportsbook platform is accessible for both mobile and physical wagers in 18 U.S. states, all in compliance with local regulations. Beyond traditional betting, DraftKings offers its daily fantasy sports product globally in six countries, spanning 15 different sports disciplines. Further diversifying its portfolio, the company has established DraftKings Marketplace, a user-friendly digital collectibles platform featuring curated NFT releases and supporting secondary trading. It also possesses Vegas Sports Information Network (VSiN), a multi-platform content and broadcasting entity. Established in 2011, DraftKings Inc. maintains its headquarters in Boston, Massachusetts.

Boston, MA
5,100 employees
Consumer Cyclical / Gambling, Resorts & Casinos
Sector
Consumer Cyclical
Industry
Gambling, Resorts & Casinos
CEO
Jason D. Robins