DKNG vs RELY vs CHDN Stock Comparison

DraftKings, Remitly Global and Churchill Downs Prices as of Oct 27, 2026 Peers: Industry group
DKNG DraftKings Inc.
$20.78 -5.6% 1M -37.0% 1Y
Market cap
$18.47B
P/E
–
Revenue (TTM)
$6.22B
Div. yield
–
Sports Betting Consumer Discretionary
2 wins
RELY Remitly Global, Inc.
$24.21 +13.3% 1M +42.8% 1Y
Market cap
$5.12B
P/E
16.7x
Revenue (TTM)
$1.81B
Div. yield
–
Money Transfer Financial Services
6 wins
CHDN Churchill Downs Inc
$81.52 +2.2% 1M -20.9% 1Y
Market cap
$5.68B
P/E
13.8x
Revenue (TTM)
$2.99B
Div. yield
0.54%
Casinos Consumer Discretionary
3 wins

Head to Head

11 decided of 12

Remitly Global leads on 6 of the 12 questions below (Remitly Global 6, Churchill Downs 3, DraftKings 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDKNGRELYCHDNLeader
Larger companyMarket capitalisation $18.47B $5.12B $5.68B DKNG
Cheaper on earningsLower P/E, profitable companies only -61.8x 16.7x 13.8x CHDN
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 17.3x 11.6x CHDN
Faster revenue growthRevenue growth, trailing twelve months +15.0% +23.8% +5.7% RELY
More profitableNet margin, trailing twelve months -2.7% 16.9% 13.8% RELY
Better return on capitalReturn on invested capital -15.7% 16.8% 8.4% RELY
Less leveragedLower net debt / EBITDA -3.7x -3.1x 4.8x DKNG
Higher dividend yieldTrailing dividend yield — — 0.54% –
Better 1-year returnPrice return, last 12 months -37.0% +42.8% -20.9% RELY
Better 5-year returnAnnualised price return, 5 years -15.1%/yr -5.4%/yr -7.3%/yr RELY
Less volatileAnnualised volatility, 1 year 53.0% 57.8% 34.3% CHDN
Higher overall scoreMean of the five percentile scores vs peers 52/100 69/100 51/100 RELY

Percentile Scorecard

DKNGRELYCHDN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDKNGRELYCHDN
Valuation 23 #34 of 44 48 #486 of 940 63 #17 of 44
Growth 93 #4 of 43 97 #18 of 655 69 #14 of 43
Profitability 30 #29 of 41 69 #199 of 633 83 #8 of 41
Financial Health 74 #13 of 47 97 #23 of 714 20 #38 of 47
Shareholder Returns 39 #18 of 29 34 #470 of 709 21 #23 of 29
Overall 52 69 51
  • DKNG ranked among 48 companies in Gaming and Leisure
  • RELY ranked among 1,003 companies in Financial Services
  • CHDN ranked among 48 companies in Gaming and Leisure

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDKNGRELYCHDNSPY
1 month -5.6%+13.3%+2.2% -0.2%
3 months -15.6%+3.8%-8.6% +3.9%
6 months -11.2%+12.0%-18.1% +8.2%
Year to date -39.7%+75.4%-28.4% +12.9%
1 year -37.0%+42.8%-20.9% +12.3%
3 years -22.0%-6.2%-24.9% +87.4%
3 years, per year -8.0%-2.1%-9.1% +23.3%
5 years -56.0%-24.3%-31.6% +67.9%
5 years, per year -15.1%-5.4%-7.3% +10.9%
10 years ——+256.3% +261.1%
10 years, per year ——+13.6% +13.7%

Risk

MeasureDKNGRELYCHDNSPY
Volatility, 1Y 53.0%57.8%34.3% 12.7%
Downside volatility, 1Y 56.2%60.5%34.5% 12.7%
Beta vs S&P 500, 1Y 0.771.490.49 1.00
Return / volatility, 1Y -0.700.74-0.61 0.97
Max drawdown, 5Y -79.0%-81.7%-50.4% -25.4%
From 52-week high -42.7%-10.1%-30.7% -1.2%
52-week high $36.24$26.92$117.59 $779.14
52-week low $18.59$12.20$73.95 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDKNGRELYCHDN
P/E now vs peer median -61.8xmedian 17.0x 16.7xmedian 13.0x 13.8xmedian 17.0x
P/S now vs peer median 3.0xmedian 1.9x 2.8xmedian 3.2x 1.9xmedian 1.9x
EV/EBITDA now vs peer median 164.8xmedian 10.8x 20.6xmedian 7.4x 10.8xmedian 10.8x
P/FCF now vs peer median 28.4xmedian 11.2x 13.2xmedian 10.8x 10.0xmedian 11.2x
P/B now vs peer median 32.4xmedian 2.4x 4.5xmedian 1.2x 4.2xmedian 2.4x
PEG now vs peer median -1.26median 0.56 0.26median 0.87 1.65median 0.56

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDKNGRELYCHDN
Revenue $6.22B $1.81B $2.99B
Gross profit $2.52B $1.11B $1.02B
Operating income -$182.46M $171.01M $721.50M
Net income -$166.90M $305.01M $415.70M
Free cash flow $650.89M $388.00M $567.90M
R&D $499.06M $316.21M –
EPS (diluted) $-0.34 $1.38 $5.91
Cash & equivalents $983.88M $676.39M $196.00M
Total debt $574.57M $3.02M $4.77B
Shares (diluted) 496.09M 221.05M 70.00M
Enterprise value $14.13B $2.78B $4.95B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDKNGRELYCHDN
P/E -61.8x 16.7x 13.8x
P/FCF 28.4x 13.2x 10.0x
P/Operating cash flow 27.5x 12.6x 7.1x
P/S 3.0x 2.8x 1.9x
P/B 32.4x 4.5x 4.2x
P/Tangible book -68.9x 4.6x -4.8x
EV/EBITDA 164.8x 20.6x 10.8x
EV/EBIT -99.0x 26.0x 14.2x
EV/Revenue 2.9x 2.5x 3.4x
EV/FCF 27.8x 11.5x 18.1x
EV/Operating cash flow 26.9x 11.0x 12.9x
PEG (3Y EPS CAGR) -1.26 0.26 1.65

Growth

14 metrics
MetricDKNGRELYCHDN
Revenue growth (1Y) 15.0% 23.8% 5.7%
Revenue CAGR (3Y) 27.5% 31.4% 10.9%
Gross profit growth (1Y) 18.2% 27.6% 8.0%
Gross profit CAGR (3Y) 31.4% 38.0% 13.2%
Operating income growth (1Y) 45.3% 627.6% 1.0%
Operating income CAGR (3Y) 45.8% 53.7% 19.7%
Net income growth (1Y) 45.2% 2,066% -4.1%
Net income CAGR (3Y) 47.7% 71.7% 5.2%
EPS growth (1Y) 41.5% 2,046% -1.0%
EPS CAGR (3Y) 48.9% 64.9% 8.4%
Operating cash flow growth (1Y) 30.6% 59.3% 1.0%
Operating cash flow CAGR (3Y) 60.4% 60.7% 14.3%
Free cash flow growth (1Y) 29.7% 66.8% 54.7%
Free cash flow CAGR (3Y) 57.4% 58.9% 160.6%

Profitability

14 metrics
MetricDKNGRELYCHDN
Gross margin 40.5% 61.5% 34.2%
EBITDA margin 1.8% 11.9% 31.8%
Operating margin -2.9% 9.5% 24.1%
Pretax margin -2.8% 9.1% 19.6%
Net margin -2.7% 16.9% 13.8%
FCF margin 10.5% 21.4% 19.0%
Operating cash flow margin 10.8% 22.4% 26.6%
Return on equity -29.8% 30.0% 34.1%
Return on assets -4.1% 20.7% 5.5%
Return on invested capital -15.7% 16.8% 8.4%
Return on capital employed -6.7% 15.9% 11.7%
Asset turnover 1.4x 1.2x 0.4x
Cash conversion (OCF / net income) -4.0x 1.3x 1.9x
Stock comp / revenue 5.2% 7.9% 1.1%

Financial Health

11 metrics
MetricDKNGRELYCHDN
Debt / assets 13.4% 0.2% 63.5%
Debt / equity 1.0x 0.0x 3.6x
Net debt / EBITDA -3.7x -3.1x 4.8x
Debt / FCF 0.9x 0.0x 8.4x
Liabilities / assets 86.7% 28.1% 82.2%
Equity / assets 13.3% 71.9% 17.8%
Interest coverage – 16.7x 2.5x
Current ratio 1.0x 3.2x 0.4x
Quick ratio 0.7x 1.7x 0.2x
Cash ratio 0.6x 1.7x 0.1x
Altman Z-score 2.19 8.98 1.37

Shareholder Returns

7 metrics
MetricDKNGRELYCHDN
Dividend yield – – 0.5%
Net buyback yield 2.5% 1.7% 1.5%
Shareholder yield 2.5% 1.7% 2.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDKNGRELYCHDN
Forward P/E – 17.3xFY2026 11.6xFY2026
EPS, next fiscal year $-0.17FY2026 $1.40FY2026 $7.03FY2026
EPS growth, next FY -1,800.0%FY2026 +351.6%FY2026 +14.7%FY2026
EPS growth, the year after – -26.4% -3.0%
Revenue, next fiscal year $6.87BFY2026 $1.85BFY2026 $3.17BFY2026
Revenue growth, next FY +13.6%FY2026 +12.9%FY2026 +8.2%FY2026
Revenue growth, the year after +7.9% +36.0% +1.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDKNGRELYCHDN
Held by institutions 82.3% 86.6% 85.5%
Institutions holding 689 346 462
Change in shares held, QoQ +5.9% +5.8% +7.5%
Institutions buying 307 230 239
Institutions selling 250 74 146
Buyers to sellers 1.23 3.11 1.64

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DKNGRELYCHDN
DKNG 1.00 0.16 0.32
RELY 0.16 1.00 0.21
CHDN 0.32 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DKNG, RELY and CHDN?

DraftKings (DKNG) is the largest by market capitalisation: DraftKings (DKNG) $18.47B, Remitly Global (RELY) $5.12B, Churchill Downs (CHDN) $5.68B.

Which stock is cheaper, DKNG, RELY and CHDN?

Churchill Downs (CHDN) trades on the lowest price-to-earnings ratio (DraftKings (DKNG) -61.8x, Remitly Global (RELY) 16.7x, Churchill Downs (CHDN) 13.8x). On next year's consensus earnings, Churchill Downs (CHDN) is cheapest (Remitly Global (RELY) 17.3x, Churchill Downs (CHDN) 11.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Remitly Global (RELY) grew revenue fastest over the trailing twelve months: DraftKings (DKNG) +15.0%, Remitly Global (RELY) +23.8%, Churchill Downs (CHDN) +5.7%.

Which company is more profitable?

Remitly Global (RELY) has the highest net margin (DraftKings (DKNG) -2.7%, Remitly Global (RELY) 16.9%, Churchill Downs (CHDN) 13.8%). On return on invested capital, Remitly Global (RELY) leads (DraftKings (DKNG) -15.7%, Remitly Global (RELY) 16.8%, Churchill Downs (CHDN) 8.4%).

Which stock has performed better?

Over the past year Remitly Global (RELY) returned the most: DraftKings (DKNG) -37.0%, Remitly Global (RELY) +42.8%, Churchill Downs (CHDN) -20.9%. Over five years, Remitly Global (RELY) compounded fastest (DraftKings (DKNG) -15.1%/yr, Remitly Global (RELY) -5.4%/yr, Churchill Downs (CHDN) -7.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Churchill Downs (CHDN) 0.54%. DraftKings (DKNG) and Remitly Global (RELY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Churchill Downs (CHDN) has been the steadiest (DraftKings (DKNG) 53.0%, Remitly Global (RELY) 57.8%, Churchill Downs (CHDN) 34.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DKNG, RELY and CHDN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Remitly Global (RELY) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.