DraftKings (DKNG) Market Cap 2020–2025
As of December 11, 2025, DraftKings had a market cap of $17.370 billion, which increased by 0.75% compared to the previous trading day. Market capitalization, often referred to as market cap, represents the total value of a company's outstanding shares on the stock market and is a common measure of its overall size and valuation.
DraftKings Inc. (DKNG)
Note: Each point on the chart represents the market capitalization at the end of the trading day.
Source: Data compiled from EDGAR filings, Bloomberg and Yahoo Finance.
📈 DraftKings Market Cap History by Year and Month
| Year / Month | Market Cap | % Change |
|---|---|---|
| 2025 | $17.370B | ▼ 4.52% |
| $17.370B | ▲ 5.21% | |
| $16.510B | ▲ 8.69% | |
| $15.190B | ▼ 18.20% | |
| $18.570B | ▼ 22.04% | |
| $23.820B | ▲ 6.58% | |
| $22.350B | ▲ 4.98% | |
| $21.290B | ▲ 19.54% | |
| $17.810B | ▲ 7.81% | |
| $16.520B | ▲ 0.24% | |
| $16.480B | ▼ 23.31% | |
| $21.490B | ▲ 4.73% | |
| $20.520B | ▲ 12.79% | |
| 2024 | $18.193B | ▲ 10.70% |
| 2023 | $16.435B | ▲ 221.50% |
| 2022 | $5.112B | ▼ 54.37% |
| 2021 | $11.202B | ▼ 39.29% |
All market cap values reflect closing prices for the period shown.
📊 DraftKings Market Cap and Other Industry Peers
Below are selected companies from the Consumer Cyclical sector / subsector:
Data reflect the most recent market capitalization values available.
💡 What Is Market Capitalization and How Do We Calculate It?
For DraftKings Inc. (DKNG), market capitalization represents the total market value of the company’s publicly traded shares. It helps investors understand DraftKings’s size within the consumer cyclical sector and compare it with other companies in the same industry.
In most cases, market capitalization is calculated by multiplying the current share price by the number of basic shares outstanding. Basic shares represent the actual number of common shares that currently exist, without including potential future shares from employee stock options, RSUs, warrants, or convertible securities. For example, if DraftKings had one million basic shares and each traded at $50, its market capitalization would be $50 million.
Formula:Market Cap = Share Price × Shares Outstanding
The value of DraftKings’s market capitalization changes throughout the trading day because it mainly depends on the current share price. The number of shares outstanding typically remains stable unless the company issues new shares, buys back its own stock, or grants stock options to employees.
Based on the latest data, DraftKings had a market capitalization of $17.370 billion, placing it in the large-cap category within the consumer cyclical industry.
Disclaimer: Despite all efforts, there may still be minor inaccuracies present in the data.