DraftKings vs Red Rock Resorts
DraftKings reported revenue of $6.1 billion in fiscal 2025, 3.0 times Red Rock Resorts' $2.0 billion in fiscal 2025. DraftKings' revenue grew 27.0% in its latest year, and Red Rock Resorts' grew 3.7%. DraftKings had an operating margin of -0.3%, against 29.7% at Red Rock Resorts. Free cash flow was $648 million at DraftKings and $290 million at Red Rock Resorts.
Side by side
| DraftKings | Red Rock Resorts | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $6.1B | $2.0B |
| Revenue growth | 27.0% | 3.7% |
| Revenue growth a year, last 5 years | 58.0% | 11.2% |
| Gross margin | 41.2% | — |
| Operating margin | −0.3% | 29.7% |
| Net margin | 0.1% | 9.3% |
| Free cash flow | $648M | $290M |
| Free cash flow margin | 10.7% | 14.4% |
| Return on capital | −0.7% | 14.7% |
| Net debt to EBITDA | 0.5x | 4.1x |
| Dividends and buybacks | $572M | $200M |
| Change in diluted share count | 2.9% | −1.0% |
| Last close | $21.22 | $50.26 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | bought $3.2 million, sold $20.7 million | sold $3.0 million |
| Piotroski F-score | 8 of 9 | 7 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
DraftKingsRed Rock Resorts
Operating margin
Percent of revenue
DraftKingsRed Rock Resorts
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
DraftKingsRed Rock Resorts
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the DraftKings and Red Rock Resorts pages.