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DraftKings Inc. (DKNG) EV/EBITDA Ratio: 40.04x

popular:market cap|pe ratio|revenue|price history|total return

Is DraftKings Inc.’s EV/EBITDA ratio high or low?

DraftKings Inc.'s EV/EBITDA ratio of 40.04x is 80% below its 5-year average of 196.37x, near the low end of its 5-year range (32.50x–442.56x).

The EV/EBITDA ratio for DraftKings Inc. (DKNG) is 40.04x as of Wednesday, June 10, 2026. It is below its 12-month average by 79.61% (196.37x).

EV/Sales|P/E Ratio|EBITDA|All Metrics

DKNG EV/EBITDA Ratio Chart

DKNG EV/EBITDA Ratio
40.04x-90.55% 6M
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DKNG Average EV/EBITDA Ratio Chart

DKNG Current vs Average EV/EBITDA Ratio Chart

DKNG EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

40.04x

EV/EBITDA RATIO AVG TTM

196.37x

EV/EBITDA RATIO AVG 3Y

196.37x

EV/EBITDA RATIO AVG 5Y

196.37x

EV/EBITDA RATIO AVG 10Y

196.37x

EV/EBITDA RATIO AVG 15Y

196.37x

EV/EBITDA RATIO AVG 20Y

196.37x

CURRENT VS TTM AVG

-79.61%

CURRENT VS 3Y AVG

-79.61%

CURRENT VS 5Y AVG

-79.61%

CURRENT VS 10Y AVG

-79.61%

CURRENT VS 15Y AVG

-79.61%

CURRENT VS 20Y AVG

-79.61%

DKNG Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
DraftKings Inc. (DKNG)$14.28B40.04x196.37x196.37x196.37x
Lululemon Athletica Inc. (LULU)$13.69B5.94x7.57x14.47x20.25x
Best Buy Co., Inc. (BBY)$15.99B8.40x9.21x8.34x7.63x
NIO Inc. (NIO)$12.21BN/AN/AN/AN/A
International Paper Company (IP)$16.87BN/A14.57x10.46x10.73x
Domino's Pizza, Inc. (DPZ)$10.51B15.87x18.07x20.26x21.43x
GameStop Corp. (GME)$10.08B24.51x51.75x227.32x227.32x
Rivian Automotive, Inc. (RIVN)$18.55BN/AN/AN/AN/A
CAVA Group, Inc. (CAVA)$9.38B57.86x59.35x81.02x81.02x
Wayfair Inc. (W)$9.22B57.29x119.68x119.56x86.57x

EV/EBITDA vs. its own history

At 40.0, EV/EBITDA is in its normal range — richer than 54% of its 1-year range.

1-year low

32.5

median

39.4

1-year high

442.6

cheaperricher

Understanding EV/EBITDA

Enterprise Value (EV) = Market Cap + Total Debt - Cash

EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization

EV/EBITDA is commonly used for comparing companies because:

  • It accounts for debt levels (capital structure neutral)
  • It removes effects of different depreciation policies
  • It can be compared across countries with different tax rates
  • It can remain available when net income is negative, if EBITDA is positive

DraftKings Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

DraftKings Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for DraftKings Inc. (DKNG)?
The EV/EBITDA ratio for DKNG stock is 40.04x.
Is DraftKings Inc.'s EV/EBITDA ratio high or low?
DraftKings Inc.'s EV/EBITDA ratio of 40.04x is 80% below its 5-year average of 196.37x, near the low end of its 5-year range (32.50x–442.56x).
What is the TTM average EV/EBITDA ratio for DraftKings Inc. (DKNG)?
The TTM average EV/EBITDA ratio for DKNG stock is 196.37x.
What is the 3Y average EV/EBITDA ratio for DraftKings Inc. (DKNG)?
The 3Y average EV/EBITDA ratio for DKNG stock is 196.37x.
What is the 5Y average EV/EBITDA ratio for DraftKings Inc. (DKNG)?
The 5Y average EV/EBITDA ratio for DKNG stock is 196.37x.
What is the 10Y average EV/EBITDA ratio for DraftKings Inc. (DKNG)?
The 10Y average EV/EBITDA ratio for DKNG stock is 196.37x.
What is the 15Y average EV/EBITDA ratio for DraftKings Inc. (DKNG)?
The 15Y average EV/EBITDA ratio for DKNG stock is 196.37x.
What is the 20Y average EV/EBITDA ratio for DraftKings Inc. (DKNG)?
The 20Y average EV/EBITDA ratio for DKNG stock is 196.37x.

DraftKings Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-1040.04x
2026-06-0938.41x
2026-06-0834.59x
2026-06-0534.79x
2026-06-0435.39x
2026-06-0335.04x
2026-06-0235.30x
2026-06-0136.70x
2026-05-2934.19x
2026-05-2834.25x
2026-05-2734.98x
2026-05-2633.27x
2026-05-2235.05x
2026-05-2135.43x
2026-05-2034.90x
2026-05-1935.62x
2026-05-1835.95x
2026-05-1534.89x
2026-05-1435.09x
2026-05-1334.93x
2026-05-1234.36x
2026-05-1134.22x
2026-05-0835.60x
2026-05-0739.35x
2026-05-0637.37x
2026-05-0537.75x
2026-05-0436.84x
2026-05-0135.97x
2026-04-3036.46x
2026-04-2936.18x
2026-04-2836.58x
2026-04-2736.78x
2026-04-2436.24x
2026-04-2334.71x
2026-04-2235.16x
2026-04-2135.96x
2026-04-2035.80x
2026-04-1735.70x
2026-04-1637.10x
2026-04-1536.95x
2026-04-1435.91x
2026-04-1335.22x
2026-04-1034.80x
2026-04-0934.83x
2026-04-0837.40x
2026-04-0735.89x
2026-04-0635.82x
2026-04-0236.21x
2026-04-0134.69x
2026-03-3133.87x
2026-03-3032.82x
2026-03-2732.50x
2026-03-2633.34x
2026-03-2533.56x
2026-03-2436.44x
2026-03-2337.43x
2026-03-2036.99x
2026-03-1938.88x
2026-03-1839.44x
2026-03-1739.35x
2026-03-1638.86x
2026-03-1340.34x
2026-03-1239.87x
2026-03-1139.88x
2026-03-1039.23x
2026-03-0939.26x
2026-03-0639.24x
2026-03-0539.72x
2026-03-0439.67x
2026-03-0338.18x
2026-03-0237.22x
2026-02-2737.25x
2026-02-2636.72x
2026-02-2535.88x
2026-02-2435.01x
2026-02-2334.16x
2026-02-2034.92x
2026-02-1935.19x
2026-02-1836.29x
2026-02-1735.35x
2026-02-1334.08x
2026-02-12311.87x
2026-02-11325.32x
2026-02-10334.99x
2026-02-09336.17x
2026-02-06329.09x
2026-02-05316.12x
2026-02-04336.41x
2026-02-03330.74x
2026-02-02338.53x
2026-01-30339.59x
2026-01-29368.25x
2026-01-28370.37x
2026-01-27370.26x
2026-01-26375.80x
2026-01-23368.61x
2026-01-22388.07x
2026-01-21387.60x
2026-01-20395.50x
2026-01-16399.86x
2026-01-15433.36x
2026-01-14419.91x
2026-01-13416.73x
2026-01-12427.46x
2026-01-09429.94x
2026-01-08439.49x
2026-01-07423.92x
2026-01-06427.34x
2026-01-05442.56x
2026-01-02435.72x
2025-12-31421.56x
2025-12-30425.10x
2025-12-29422.51x
2025-12-26426.52x
2025-12-24421.56x
2025-12-23422.51x
2025-12-22426.75x
2025-12-19418.62x
2025-12-18418.38x
2025-12-17416.73x
2025-12-16422.51x
2025-12-15434.89x
2025-12-12434.07x
2025-12-11426.64x
2025-12-10423.57x
2025-12-09427.23x
2025-12-08434.54x
2025-12-05416.14x
2025-12-04430.18x
2025-12-03422.63x
2025-12-02411.54x
2025-12-01414.61x
2025-11-28406.23x
2025-11-26394.91x
2025-11-25388.66x
2025-11-24362.35x
2025-11-21368.84x
2025-11-20357.16x
2025-11-19357.40x
2025-11-18361.53x
2025-11-17355.04x
2025-11-14364.01x
2025-11-13365.30x
2025-11-12386.77x
2025-11-11374.86x
2025-11-10375.33x
2025-11-07373.68x

Related Metrics

EV/SalesP/E RatioEBITDAAll Metrics

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
www.draftkings.com
Consumer Cyclical / Gambling, Resorts & Casinos
Sector
Consumer Cyclical
Industry
Gambling, Resorts & Casinos
CEO
Jason D. Robins
View full financials