Revenue Breakdown
Composition ()
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Revenue Streams
Draftkings Inc (DKNG) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Sportsbook, accounting for 52.1% of total sales, equivalent to $596.12M. Other significant revenue streams include jgaming and Other. Understanding this composition is critical for investors evaluating how DKNG navigates market cycles within the Casinos & Gaming industry.
Profitability & Margins
Evaluating the bottom line, Draftkings Inc maintains a gross margin of 31.46%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -23.77%, while the net margin is -22.45%. These profitability ratios, combined with a Return on Equity (ROE) of -29.59%, provide a clear picture of how effectively DKNG converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, DKNG competes directly with industry leaders such as LYV and TKO. With a market capitalization of $26.87B, it holds a significant position in the sector. When comparing efficiency, DKNG's gross margin of 31.46% stands against LYV's 22.31% and TKO's 49.21%. Such benchmarking helps identify whether Draftkings Inc is trading at a premium or discount relative to its financial performance.
