DraftKings Inc.

NasdaqGS:DKNG Stock Report

Market Cap: US$18.8b

DraftKings Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Jason Robins

Chief executive officer

US$20.8m

Total compensation

CEO salary percentage0.0%
CEO tenure13yrs
CEO ownership0.5%
Management average tenure3.8yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

DraftKings: Odds Are In Investor's Favor

Dec 16

DraftKings Inc.'s (NASDAQ:DKNG) Share Price Matching Investor Opinion

Nov 18
DraftKings Inc.'s (NASDAQ:DKNG) Share Price Matching Investor Opinion

DraftKings: Haunted By The Ghost Of Reignmakers

Nov 09

Is DraftKings (NASDAQ:DKNG) A Risky Investment?

Oct 10
Is DraftKings (NASDAQ:DKNG) A Risky Investment?

DraftKings: Losing Share To FanDuel And Extremely Overvalued (Rating Downgrade)

Oct 06

DraftKings: Great Upside With Limited Downside

Sep 25

The House Always Wins: Why DraftKings Could Be Your Best Bet

Sep 03

DraftKings: Fairly Valued, But Lottery Acquisition And Declining CAC Point To Huge Wins

Aug 06

DraftKings Inc. (NASDAQ:DKNG) Not Lagging Industry On Growth Or Pricing

Jul 30
DraftKings Inc. (NASDAQ:DKNG) Not Lagging Industry On Growth Or Pricing

DraftKings: State And League Tax And Fee Greed Do Not Challenge FCF Performance

Jul 11

DraftKings: A Bet On Growth And Potential Profitability In The Expanding Sports Betting Market

Jul 04

DraftKings: The Odds Are Against You At The Current Valuation

Jun 25

DraftKings: Tailwinds On All Sides

May 23

DraftKings Inc.'s (NASDAQ:DKNG) Price In Tune With Revenues

Apr 30
DraftKings Inc.'s (NASDAQ:DKNG) Price In Tune With Revenues

DraftKings: Good Growth Prospects, But Overvalued

Apr 19

DraftKings (NASDAQ:DKNG) Has Debt But No Earnings; Should You Worry?

Mar 18
DraftKings (NASDAQ:DKNG) Has Debt But No Earnings; Should You Worry?

DraftKings: More Fuel For The Rally

Mar 18

DraftKings: Time For A Big Bet

Feb 26

DraftKings: Q4 Results Support A Strong Long-Term Success Story

Feb 16

DraftKings: Striving For Profitability, But Is It Enough? (Downgrade)

Jan 30

DraftKings: The Long Term Opportunity Is Vast

Jan 23

CEO Compensation Analysis

How has Jason Robins's remuneration changed compared to DraftKings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$417m

Jun 30 2024n/an/a

-US$406m

Mar 31 2024n/an/a

-US$548m

Dec 31 2023US$21mUS$1

-US$802m

Sep 30 2023n/an/a

-US$1b

Jun 30 2023n/an/a

-US$1b

Mar 31 2023n/an/a

-US$1b

Dec 31 2022US$47mUS$1

-US$1b

Sep 30 2022n/an/a

-US$1b

Jun 30 2022n/an/a

-US$2b

Mar 31 2022n/an/a

-US$2b

Dec 31 2021US$14mUS$113k

-US$2b

Sep 30 2021n/an/a

-US$1b

Jun 30 2021n/an/a

-US$1b

Mar 31 2021n/an/a

-US$2b

Dec 31 2020US$237mUS$650k

-US$1b

Sep 30 2020n/an/a

-US$1b

Jun 30 2020n/an/a

-US$679m

Mar 31 2020n/an/a

-US$181m

Dec 31 2019US$4mUS$400k

-US$143m

Sep 30 2019n/an/a

-US$115m

Dec 31 2018US$14mUS$400k

-US$76m

Compensation vs Market: Jason's total compensation ($USD20.76M) is above average for companies of similar size in the US market ($USD12.84M).

Compensation vs Earnings: Jason's compensation has been consistent with company performance over the past year.

CEO

Jason Robins (43 yo)

13yrs

Tenure

US$20,757,991

Compensation

Mr. Jason D. Robins served as Member of Strategic Advisory Board at DRIVE by DraftKings Holdings Inc. (formerly known as DraftKings Inc.) till 2024. He is Member of Advisory Board at NetCapital Funding Por...

Leadership Team

NamePositionTenureCompensationOwnership
Jason Robins
Co-Founder13yrsUS$20.76m0.55%
$ 102.6m
Paul Liberman
Co-Founder13yrsUS$10.58m0.52%
$ 97.4m
Matthew Kalish
Co-Founder13yrsUS$10.98m0.76%
$ 143.8m
R. Dodge
Chief Legal Officer & Secretary7.1yrsUS$6.59m0.11%
$ 20.9m
Jason Park
Chief Transformation Officerless than a yearUS$7.38m0.069%
$ 12.9m
Alan Ellingson
Chief Financial Officerless than a yearno data0.0042%
$ 786.2k
Erik Bradbury
Chief Accounting Officer & Principal Accounting Officerless than a yearno data0.0024%
$ 460.8k
Joseph DeCristofaro
Vice President of Investor Relationsno datano datano data
Jennifer Aguiar
Chief Compliance Officer3.8yrsno datano data
Lori Kalani
Chief Responsible Gaming Officerless than a yearno datano data

3.8yrs

Average Tenure

44.5yo

Average Age

Experienced Management: DKNG's management team is considered experienced (3.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jason Robins
Co-Founderno dataUS$20.76m0.55%
$ 102.6m
Paul Liberman
Co-Founder4.7yrsUS$10.58m0.52%
$ 97.4m
Matthew Kalish
Co-Founder4.7yrsUS$10.98m0.76%
$ 143.8m
Michael Jordan
Special Advisor to Board4.3yrsno datano data
Harry Sloan
Independent Vice Chairman of the Boardno dataUS$340.22k0.065%
$ 12.2m
Ryan Moore
Independent Director4.7yrsUS$272.44k0.012%
$ 2.3m
Marni Walden
Independent Director4.7yrsUS$287.69k0.037%
$ 7.0m
Steven Murray
Independent Director4.7yrsUS$282.44k0.013%
$ 2.4m
Cal Ripken
Special Advisor to Board3.8yrsno datano data
Valerie Mosley
Independent Director4.3yrsUS$354.68k0.0074%
$ 1.4m
Woodrow Levin
Independent Director4.7yrsUS$249.96k0.019%
$ 3.6m
Jocelyn Moore
Independent Director4.3yrsUS$281.49k0.0062%
$ 1.2m

4.7yrs

Average Tenure

48.5yo

Average Age

Experienced Board: DKNG's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 02:05
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

DraftKings Inc. is covered by 52 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Marie D'OrnanoArete Research Services LLP
Brandt MontourBarclays
Michael HickeyBenchmark Company