DKNG vs MTN
DraftKings Inc. and Vail Resorts Inc., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DKNG | MTN |
|---|---|---|
| Revenue | $6.1B | $3.0B |
| Net income | $3.7M | $280.0M |
| Gross margin | 41.3% | · |
| Net margin | 0.1% | 10.1% |
| Return on equity | 0.5% | 49.4% |
| Diluted EPS | $0.01 | $7.53 |
| Dividend / share | · | $8.88 |
| Payout ratio | · | 117.2% |
| Free cash flow | $647.5M | $319.7M |
| Equity | $631.5M | $424.5M |
| Net debt / equity | · | 6.49× |
| Current ratio | 1.03× | 0.63× |
| Revenue CAGR 5y | 58.0% | 8.6% |
| Profit CAGR 5y | · | 23.2% |
DKNG bills 2.0× the revenue of MTN, and MTN keeps more of each dollar of revenue as profit (10.1% against 0.1%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | DKNG | MTN |
|---|---|---|
| FY2025 | $6.1B | $3.0B |
| FY2024 | $4.8B | $2.9B |
| FY2023 | $3.7B | $2.9B |
| FY2022 | $2.2B | $2.5B |
| FY2021 | $1.3B | $1.9B |
| FY2020 | $614.5M | $2.0B |
Bottom line
| Fiscal year | DKNG | MTN |
|---|---|---|
| FY2025 | $3.7M | $280.0M |
| FY2024 | $-507.3M | $231.1M |
| FY2023 | $-802.1M | $265.8M |
| FY2022 | $-1.4B | $347.9M |
| FY2021 | $-1.5B | $127.8M |
| FY2020 | $-1.2B | $98.8M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$3,090,178,000 | DKNG |
| FY2024 | +$1,882,508,000 | DKNG |
| FY2023 | +$776,029,000 | DKNG |
| FY2022 | −$285,451,000 | MTN |
| FY2021 | −$613,685,000 | MTN |
| FY2020 | −$1,349,172,000 | MTN |
The higher-revenue side has changed between DKNG and MTN over this period. The gap has widened since the earliest year compared.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −10.0 pp | MTN |
| FY2024 | −19.2 pp | MTN |
| FY2023 | −31.7 pp | MTN |
| FY2022 | −76.1 pp | MTN |
| FY2021 | −124.0 pp | MTN |
| FY2020 | −206.0 pp | MTN |
MTN has kept the higher net margin in every one of these 6 fiscal years.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DKNG's net margin has been more volatile than MTN's over the 6 comparable fiscal years — 70.8 percentage points of standard deviation against 2.9.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
MTN led in net margin in every one of the 6 comparable fiscal years — a structural lead, not a recent swing.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DKNG's return on equity has been more volatile than MTN's over the 5 comparable fiscal years — 31.6 percentage points of standard deviation against 13.4.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
MTN led in return on equity in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.