EBIT (Annual)

EBIT: Income before interest and taxes.

DraftKings Inc. (DKNG) had EBIT of $-609.00M for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$4.77B
Net Income	$-507.29M
Cost of Goods Sold	$2.95B
Gross Profit	$1.82B
Operating Expenses	$5.38B
Operating Income	$-609.00M
Non-Operating Income/Expense	$15.84M
Pre-Tax Income	$-593.16M
Normalized Pre-Tax Income	$-593.16M
Income after Taxes	$-506.82M
Income from Continuous Operations	$-507.29M
Consolidated Net Income/Loss	$-507.29M
Normalized Income after Taxes	$-506.82M
EBIT	$-609.00M
EBITDA	$-338.14M
Weighted-Average Shares Outstanding (Basic)	481.95M
Weighted-Average Shares Outstanding (Diluted)	481.95M
Earnings per Share (EPS) (Basic)	$-1.05
Earnings per Share (EPS) (Diluted)	$-1.05
Balance Sheet Financials
Current Assets	$1.53B
Property, Plant, and Equipment	$50.55M
Long-Term Assets	$2.75B
Total Assets	$4.28B
Current Liabilities	$1.65B
Long-Term Debt	$1.26B
Long-Term Liabilities	$1.62B
Total Liabilities	$3.27B
Common Equity	$1.01B
Tangible Shareholders Equity	$-1.48B
Shareholders Equity	$1.01B
Common Shares Outstanding	882.09M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$417.77M
Cash Flow from Investing Activities	$-566.60M
Cash Flow from Financial Activities	$-144.47M
Beginning Cash	$1.62B
End Cash	$1.33B
Increase/Decrease in Cash	$-293.30M
Stock-Based Compensation	$381.37M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.93
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.55
Debt to Equity Ratio	1.24
Gross Margin	38.11%
Operating Margin	-12.77%
EBIT Margin	-12.77%
EBITDA Margin	-7.09%
Pre-Tax Profit Margin	-12.44%
Profit Margin	-10.64%
Free Cash Flow	$311.89M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	1.11
Inventory Turnover	--
Receiveable Turnover	39.61
Days Sales in Receivables	9.22
Return on Equity	-50.20%
Return on Tangible Equity	34.33%
Return on Assets	-11.84%
Return on Investments	-22.38%
Book Value Per Share	$1.15
Free Cash Flow per Share	$0.65
Operating Cash Flow per Share	$0.87

Data from Zacks Investment Research, Inc.