DraftKings DKNG
NASDAQ DKNG
$23.66 -0.21 (-0.88%)
At close: Sep 9, 2026 · 4:00 PM EDT

DraftKings (DKNG) EV to EBITDA (2021 - 2026)

DraftKings' (DKNG) quarterly EV to EBITDA came in at 314.83 in Q2 2026, down 228.65% year-over-year from 244.72 in Q2 2025, and down 110.11% quarter-over-quarter from 3115.29 in Q1 2026.

Analysis

DraftKings (DKNG) EV to EBITDA (2021 - 2026) Analysis & Trends

DraftKings (DKNG) has reported EV to EBITDA for 6 consecutive years, with 314.83 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to EBITDA fell 228.65% year-over-year to 314.83 in Q2 2026; TTM through Jun 2026 was 117.64, a 6.41% decrease from a year earlier, with the FY2025 full-year figure at 1863.04, down 3444.61% from the prior year.
  • EV to EBITDA was 314.83 for Q2 2026 at DraftKings, down from 3115.29 in the prior quarter.
  • Over five years, EV to EBITDA peaked at 3115.29 in Q1 2026 and troughed at 1009.8 in Q2 2024.
  • A 5-year average of 18.83 and a median of 98.46 in 2023 frame the typical range for EV to EBITDA.
  • Across the five-year window, EV to EBITDA sank 1764.49% in 2023 and surged 608.24% in 2026, its largest moves.
  • Over 5 years, EV to EBITDA stood at 35.79 in 2022, then slumped by 1764.49% to 667.31 in 2023, then surged by 65.54% to 229.98 in 2024, then surged by 184.43% to 194.17 in 2025, then sank by 262.14% to 314.83 in 2026.
  • The last three EV to EBITDA figures came in at 314.83 (Q2 2026), 3115.29 (Q1 2026), and 194.17 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DraftKings 21.34 Bn 20.35 Bn 551.45 Mn
2 Flutter Entertainment 17.38 Bn 16.20 Bn 1.71 Bn
3 Super Group (SGHC) 7.08 Bn 6.53 Bn -
4 Rush Street Interactive 6.18 Bn 6.00 Bn 139.66 Mn
5 Codere Online Luxembourg 412.23 Mn 342.98 Mn -
6 Meridian Holdings 171.67 Mn 155.85 Mn 26.85 Mn
7 High Roller Technologies 54.90 Mn 52.24 Mn -
8 VIP Play 24.98 Mn 24.89 Mn -313,000.00
9 Apple iSports 16.64 Mn 16.64 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -314.83
Mar 31, 2026 3,115.29
Dec 31, 2025 194.17
Sep 30, 2025 -117.82
Jun 30, 2025 244.72
Mar 31, 2025 -612.96
Dec 31, 2024 -229.98
Sep 30, 2024 -112.57
Jun 30, 2024 -1,009.80
Mar 31, 2024 -275.57
Dec 31, 2023 -667.31
Sep 30, 2023 -84.36
Jun 30, 2023 -313.38
Mar 31, 2023 -39.66
Dec 31, 2022 -35.79
Sep 30, 2022 -24.97
Jun 30, 2022 -26.87
Mar 31, 2022 -27.18
Dec 31, 2021 -53.82
Sep 30, 2021 -65.97