Draftkings vs Penn Entertainment
Draftkings and Penn Entertainment are similar in size: $6.05bn and $6.96bn of revenue in their latest fiscal years. Draftkings grew faster (27.0% against 5.8%). Draftkings kept more of each dollar of sales as profit: a net margin of 0.1% against -12.1%.
| Latest fiscal year | DraftkingsDKNG, 2025 | Penn EntertainmentPENN, 2025 |
|---|---|---|
| Revenue | $6.05bn | $6.96bn |
| Revenue growth | 27.0% | 5.8% |
| Net income | $3.7m | −$843m |
| Operating margin | — | -9.7% |
| Net margin | 0.1% | -12.1% |
| Return on equity | 0.5% | -35.9% |
| Free cash flow | $648m | −$140m |
| Cash | $1.13bn | $687m |
| Total debt | $1.86bn | $2.90bn |
| Debt to equity | — | 158.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $572m | $354m |
| Employees | — | 23,441 |
| Market value | $10.86bn | $2.32bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 39 (Weak) | 44 (Weak) |
| Insider trades, 12 months | 3 buys, 17 sales | 4 buys, 1 sales |