Gambling, Resorts & Casinos
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DKNG vs CZR
Revenue, margins, valuation, and 5-year total return — side by side.
Gambling, Resorts & Casinos
DKNG vs CZR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Gambling, Resorts & Casinos | Gambling, Resorts & Casinos |
| Market Cap | $12.50B | $5.66B |
| Revenue (TTM) | $6.05B | $11.56B |
| Net Income (TTM) | $4M | $-485M |
| Gross Margin | 41.3% | 43.9% |
| Operating Margin | -0.2% | 17.8% |
| Forward P/E | 99.1x | — |
| Total Debt | $1.93B | $26.34B |
| Cash & Equiv. | $1.60B | $887M |
DKNG vs CZR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| DraftKings Inc. (DKNG) | 100 | 63.5 | -36.5% |
| Caesars Entertainme… (CZR) | 100 | 243.9 | +143.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: DKNG vs CZR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
DKNG carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.12
- Rev growth 27.0%, EPS growth 99.2%, 3Y rev CAGR 39.3%
- Lower volatility, beta 1.12, current ratio 1.03x
CZR is the clearest fit if your priority is long-term compounding.
- 302.6% 10Y total return vs DKNG's 157.3%
- Better valuation composite
- +2.5% vs DKNG's -27.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 27.0% revenue growth vs CZR's 2.1% | |
| Value | Better valuation composite | |
| Quality / Margins | 0.1% margin vs CZR's -4.2% | |
| Stability / Safety | Beta 1.12 vs CZR's 1.27, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +2.5% vs DKNG's -27.3% | |
| Efficiency (ROA) | 0.1% ROA vs CZR's -1.5%, ROIC -0.9% vs 5.4% |
DKNG vs CZR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
DKNG vs CZR — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
DKNG leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CZR is the larger business by revenue, generating $11.6B annually — 1.9x DKNG's $6.1B. Profitability is closely matched — net margins range from 0.1% (DKNG) to -4.2% (CZR). On growth, DKNG holds the edge at +42.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $6.1B | $11.6B |
| EBITDAEarnings before interest/tax | $266M | $3.5B |
| Net IncomeAfter-tax profit | $4M | -$485M |
| Free Cash FlowCash after capex | $612M | $538M |
| Gross MarginGross profit ÷ Revenue | +41.3% | +43.9% |
| Operating MarginEBIT ÷ Revenue | -0.2% | +17.8% |
| Net MarginNet income ÷ Revenue | +0.1% | -4.2% |
| FCF MarginFCF ÷ Revenue | +10.1% | +4.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +42.8% | +2.7% |
| EPS Growth (YoY)Latest quarter vs prior year | +192.9% | +11.1% |
Valuation Metrics
CZR leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, CZR's 8.9x EV/EBITDA is more attractive than DKNG's 49.4x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $12.5B | $5.7B |
| Enterprise ValueMkt cap + debt − cash | $12.8B | $31.1B |
| Trailing P/EPrice ÷ TTM EPS | -3113.58x | -11.48x |
| Forward P/EPrice ÷ next-FY EPS est. | 99.14x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 49.42x | 8.90x |
| Price / SalesMarket cap ÷ Revenue | 2.06x | 0.49x |
| Price / BookPrice ÷ Book value/share | 19.81x | 1.57x |
| Price / FCFMarket cap ÷ FCF | 19.31x | 10.88x |
Profitability & Efficiency
DKNG leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
DKNG delivers a 0.5% return on equity — every $100 of shareholder capital generates $0 in annual profit, vs $-13 for CZR. DKNG carries lower financial leverage with a 3.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to CZR's 7.15x. On the Piotroski fundamental quality scale (0–9), DKNG scores 7/9 vs CZR's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +0.5% | -12.6% |
| ROA (TTM)Return on assets | +0.1% | -1.5% |
| ROICReturn on invested capital | -0.9% | +5.4% |
| ROCEReturn on capital employed | -0.6% | +7.0% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 5 |
| Debt / EquityFinancial leverage | 3.06x | 7.15x |
| Net DebtTotal debt minus cash | $330M | $25.5B |
| Cash & Equiv.Liquid assets | $1.6B | $887M |
| Total DebtShort + long-term debt | $1.9B | $26.3B |
| Interest CoverageEBIT ÷ Interest expense | 1.92x | 0.90x |
Total Returns (Dividends Reinvested)
Evenly matched — DKNG and CZR each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in DKNG five years ago would be worth $5,209 today (with dividends reinvested), compared to $2,627 for CZR. Over the past 12 months, CZR leads with a +2.5% total return vs DKNG's -27.3%. The 3-year compound annual growth rate (CAGR) favors DKNG at 1.4% vs CZR's -15.0% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -29.3% | +17.9% |
| 1-Year ReturnPast 12 months | -27.3% | +2.5% |
| 3-Year ReturnCumulative with dividends | +4.3% | -38.6% |
| 5-Year ReturnCumulative with dividends | -47.9% | -73.7% |
| 10-Year ReturnCumulative with dividends | +157.3% | +302.6% |
| CAGR (3Y)Annualised 3-year return | +1.4% | -15.0% |
Risk & Volatility
Evenly matched — DKNG and CZR each lead in 1 of 2 comparable metrics.
Risk & Volatility
DKNG is the less volatile stock with a 1.12 beta — it tends to amplify market swings less than CZR's 1.27 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CZR currently trades 88.0% from its 52-week high vs DKNG's 51.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.12x | 1.27x |
| 52-Week HighHighest price in past year | $48.78 | $31.58 |
| 52-Week LowLowest price in past year | $20.46 | $17.95 |
| % of 52W HighCurrent price vs 52-week peak | +51.7% | +88.0% |
| RSI (14)Momentum oscillator 0–100 | 55.1 | 54.5 |
| Avg Volume (50D)Average daily shares traded | 12.9M | 4.6M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates DKNG as "Buy" and CZR as "Buy". Consensus price targets imply 46.2% upside for DKNG (target: $37) vs 10.0% for CZR (target: $31).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $36.88 | $30.57 |
| # AnalystsCovering analysts | 48 | 30 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | 0 |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +6.6% | +4.0% |
DKNG leads in 2 of 6 categories (Income & Cash Flow, Profitability & Efficiency). CZR leads in 1 (Valuation Metrics). 2 tied.
DKNG vs CZR: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is DKNG or CZR a better buy right now?
For growth investors, DraftKings Inc.
(DKNG) is the stronger pick with 27. 0% revenue growth year-over-year, versus 2. 1% for Caesars Entertainment, Inc. (CZR). Analysts rate DraftKings Inc. (DKNG) a "Buy" — based on 48 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — DKNG or CZR?
Over the past 5 years, DraftKings Inc.
(DKNG) delivered a total return of -47. 9%, compared to -73. 7% for Caesars Entertainment, Inc. (CZR). Over 10 years, the gap is even starker: CZR returned +302. 6% versus DKNG's +157. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — DKNG or CZR?
By beta (market sensitivity over 5 years), DraftKings Inc.
(DKNG) is the lower-risk stock at 1. 12β versus Caesars Entertainment, Inc. 's 1. 27β — meaning CZR is approximately 13% more volatile than DKNG relative to the S&P 500. On balance sheet safety, DraftKings Inc. (DKNG) carries a lower debt/equity ratio of 3% versus 7% for Caesars Entertainment, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — DKNG or CZR?
By revenue growth (latest reported year), DraftKings Inc.
(DKNG) is pulling ahead at 27. 0% versus 2. 1% for Caesars Entertainment, Inc. (CZR). On earnings-per-share growth, the picture is similar: DraftKings Inc. grew EPS 99. 2% year-over-year, compared to -87. 6% for Caesars Entertainment, Inc.. Over a 3-year CAGR, DKNG leads at 39. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — DKNG or CZR?
DraftKings Inc.
(DKNG) is the more profitable company, earning 0. 1% net margin versus -4. 4% for Caesars Entertainment, Inc. — meaning it keeps 0. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CZR leads at 18. 1% versus -0. 3% for DKNG. At the gross margin level — before operating expenses — DKNG leads at 41. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is DKNG or CZR more undervalued right now?
Analyst consensus price targets imply the most upside for DKNG: 46.
2% to $36. 88.
07Which pays a better dividend — DKNG or CZR?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is DKNG or CZR better for a retirement portfolio?
For long-horizon retirement investors, DraftKings Inc.
(DKNG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 12), +157. 3% 10Y return). Both have compounded well over 10 years (DKNG: +157. 3%, CZR: +302. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between DKNG and CZR?
Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: DKNG is a mid-cap high-growth stock; CZR is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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