DKNG EV/EBITDA Analysis
Updated 107h ago·SEC filings & market data
Key Takeaway
EV/EBITDA measures a company’s total value against its operating cash flow before deductions, and DKNG’s current 104.6x means investors are paying over $100 for every $1 of EBITDA.
Sector Performance
97th percentileDKNG
104.6x
Sector Median
13.6x
Sector Avg
-29.8x
Prior Period
109.9x(Aug 2026)
Deep Analysis
EV/EBITDA measures a company’s total value against its operating cash flow before deductions, and DKNG’s current 104.6x means investors are paying over $100 for every $1 of EBITDA.
That level sits far above the sector median of 13.6x, placing the stock in the 97th percentile among peers. The metric has been trending upward over the last eight quarters, though it fell 4.8% quarter-over-quarter from 109.9x to 104.6x; year-over-year data is not available. The valuation remains roughly triple the prior readings of 36.5x and 38.5x seen in earlier periods, so the recent dip is modest against a much larger surge. A level this high, even with a slight quarterly pullback, implies elevated downside risk if earnings fail to grow into the price.
Frequently Asked Questions
What does the EV/EBITDA tell investors about DKNG?
A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.
How is the EV/EBITDA calculated?
EV/EBITDA is calculated as: Enterprise Value / EBITDA.
Learn More About EV/EBITDA
The Formula
Enterprise Value / EBITDA
Why It Matters
A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.
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104.6x
Sector Median
13.6x
Sector Avg
-29.8x
How DKNG's EV/EBITDA compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.