DraftKings (DKNG) Enterprise Value (2020 - 2026)
DraftKings (DKNG) posted Enterprise Value of $21.47 billion for Q2 2026, down 41.8% from $36.87 billion a year earlier but up 17.8% from the prior quarter.
DraftKings (DKNG) Enterprise Value (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Enterprise Value at DraftKings was $18.12 billion, down 46.8% year-over-year; for FY2025, it was $29.48 billion, down 8.0% from FY2024.
- Annual Enterprise Value shows a five-year compound annual growth rate of -3.3% (FY2020 to FY2025).
- In prior years, DraftKings' Enterprise Value was $32.03 billion in FY2024 (+9.5%), $29.25 billion in FY2023 (+251.9%), $8.31 billion in FY2022 (-58.1%) and $19.84 billion in FY2021 (-43.2%).
- Quarterly Enterprise Value has run from a low of $8.3 billion in Q2 2022 to a high of $38.27 billion in Q1 2024 over five years.
- On a year-over-year basis, Enterprise Value has declined in each of the last four quarters, with an average decline of 6.8% over the last eight quarters.
- The strongest year-over-year quarter for Enterprise Value in the past five years was Q4 2023, with growth of 251.9%; the weakest was Q2 2022, with a decline of 78.6%.
- According to Business Quant data, Enterprise Value for the three prior quarters was $18.22 billion (Q1 2026), $29.48 billion (Q4 2025) and $32.04 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 10 | Churchill Downs | 6.99 Bn | 6.25 Bn | 207.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.83 Bn |
| Jun 30, 2026 | 21.47 Bn |
| Mar 31, 2026 | 18.22 Bn |
| Dec 31, 2025 | 29.40 Bn |
| Sep 30, 2025 | 32.09 Bn |
| Jun 30, 2025 | 36.87 Bn |
| Mar 31, 2025 | 28.42 Bn |
| Dec 31, 2024 | 32.03 Bn |
| Sep 30, 2024 | 33.63 Bn |
| Jun 30, 2024 | 32.72 Bn |
| Mar 31, 2024 | 38.27 Bn |
| Dec 31, 2023 | 29.25 Bn |
| Sep 30, 2023 | 24.18 Bn |
| Jun 30, 2023 | 21.64 Bn |
| Mar 31, 2023 | 15.46 Bn |
| Dec 31, 2022 | 8.30 Bn |
| Sep 30, 2022 | 11.36 Bn |
| Jun 30, 2022 | 8.30 Bn |
| Mar 31, 2022 | 14.02 Bn |
| Dec 31, 2021 | 19.84 Bn |
DraftKings Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=DKNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "DKNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=DKNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();