Draftkings vs Melco Resorts & Entertainment
Draftkings is the larger business, with $6.05bn of revenue in fiscal 2025 against $5.16bn for Melco Resorts & Entertainment (1.2 times as much). Draftkings grew faster (27.0% against 11.3%). Melco Resorts & Entertainment kept more of each dollar of sales as profit: a net margin of 3.6% against 0.1%.
| Latest fiscal year | DraftkingsDKNG, 2025 | Melco Resorts & EntertainmentMLCO, 2025 |
|---|---|---|
| Revenue | $6.05bn | $5.16bn |
| Revenue growth | 27.0% | 11.3% |
| Net income | $3.7m | $185m |
| Operating margin | — | 11.6% |
| Net margin | 0.1% | 3.6% |
| Return on equity | 0.5% | — |
| Free cash flow | $648m | $802m |
| Cash | $1.13bn | $1.02bn |
| Total debt | $1.86bn | $6.77bn |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | 0.0% |
| Share buybacks | $572m | $166m |
| Employees | — | — |
| Market value | $10.86bn | $1.63bn |
| Price vs our value range | Above our value range | Below our value range |
| Moat score | 39 (Weak) | 29 (Weak) |
| Insider trades, 12 months | 3 buys, 17 sales | 0 buys, 0 sales |