DraftKings (DKNG) vs Warner Music Group (WMG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Warner Music Group (WMG) has outperformed DraftKings (DKNG) over the past year, losing 11.5% versus a loss of 41.9%. Over five years, WMG leads with a -38.7% price change compared with -60.2% for DKNG. Warner Music Group is the larger company by market cap ($15.12 billion vs $9.86 billion), about 1.5 times the size, while DraftKings is growing revenue faster (+27.0% vs +4.4%).
On valuation, DraftKings trades at a lower forward P/E (11.8x vs 14.7x for Warner Music Group). Warner Music Group pays a dividend yielding 2.63%, while DraftKings does not currently pay one. Warner Music Group converts more of its revenue into profit, with a net margin of 5.4% versus 0.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DKNG | WMG |
|---|---|---|
| Share price | $19.87 | $28.91 |
| Market cap | $9.86B | $15.12B |
| 1-day change | +3.76% | +2.66% |
| YTD return | -44.43% | -5.74% |
| 1-year return | -41.88% | -11.45% |
| 5-year return | -60.17% | -38.66% |
| P/E ratio (TTM) | — | 23.13 |
| Forward P/E | 11.83 | 14.68 |
| EPS (TTM) | $-0.35 | $1.25 |
| Dividend yield | 0.00% | 2.63% |
| Annual dividend | $0.00 | $0.76 |
| Revenue (latest FY) | $6.05B | $6.71B |
| Revenue growth (YoY) | +26.99% | +4.37% |
| Net income (latest FY) | $3.71M | $365.00M |
| Gross margin | 41.25% | 45.85% |
| Operating margin | -0.26% | 10.35% |
| Net margin | 0.06% | 5.44% |
| 52-week high | $36.98 | $35.42 |
| 52-week low | $18.52 | $23.34 |
| Distance from 52-week high | -46.27% | -18.38% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +75.19% | +30.79% |
| Average volume | 12.92M | 2.07M |
| Shares outstanding | 496.45M | 147.73M |
| Employees | 5,500 | 5,500 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Services-Misc. Amusement & Recreation | Services-Misc. Amusement & Recreation |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- WMG has outperformed DKNG by 30.4 percentage points over the past year.
- Warner Music Group offers a meaningfully higher dividend yield (2.63% vs 0.00%).
- Warner Music Group is more profitable, keeping 5.4 cents of every revenue dollar as net income versus 0.1 cents for DraftKings.
- DraftKings grew revenue faster in its latest fiscal year (+26.99% vs +4.37%).
About DraftKings
DKNG stock →DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 5,500 employees
About Warner Music Group
WMG stock →Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.
Consumer Discretionary · Services-Misc. Amusement & Recreation · 5,500 employees
DKNG vs WMG FAQ
Which is bigger, DraftKings or Warner Music Group?
Warner Music Group (WMG) is larger, with a market capitalization of $15.12B compared with $9.86B for DraftKings (DKNG).
Which stock has performed better over the past year, DKNG or WMG?
WMG returned -11.45% over the past 12 months, compared with -41.88% for DKNG (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, DraftKings or Warner Music Group?
Warner Music Group pays a dividend yielding 2.63%, while DraftKings does not currently pay a regular dividend.
Are DraftKings and Warner Music Group in the same industry?
Yes. Both are classified in the Services-Misc. Amusement & Recreation industry within the Consumer Discretionary sector.