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6May 6, 2026·SEC
May 6, 2026·SEC
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Flutter Entertainment plc (FLUT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Flutter Entertainment plc (FLUT) stock price & volume — 10-year historical chart
Flutter Entertainment plc (FLUT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Flutter Entertainment plc (FLUT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $1.74vs $1.85-5.9% | $4.7Bvs $4.9B-4.0% |
| Q4 2025 | Nov 12, 2025 | $1.64vs $0.61+169.7% | $3.8Bvs $3.8B-0.8% |
| Q3 2025 | Aug 7, 2025 | $2.95vs $2.24+31.7% | $4.2Bvs $4.1B+1.4% |
| Q2 2025 | May 7, 2025 | $1.59vs $1.91-16.8% | $3.7Bvs $3.8B-2.6% |
Flutter Entertainment plc (FLUT) competitors in Online Sports Betting and iCasino — business model, growth, and fundamentals comparison
Flutter Entertainment plc (FLUT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Flutter Entertainment plc (FLUT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.73B | 6.04B | 8.31B | 9.46B | 11.79B | 14.05B | 16.38B | 17.02B |
| Revenue Growth % | - | 121.1% | 37.64% | 13.9% | 24.59% | 19.15% | 16.62% | 18.9% |
| Cost of Goods Sold | 1.16B | 2.1B | 3.88B | 4.81B | 6.2B | 7.35B | 8.98B | 9.49B |
| COGS % of Revenue | 42.43% | 34.87% | 46.71% | 50.86% | 52.6% | 52.29% | 54.81% | - |
| Gross Profit | 1.57B▲ 0% | 3.93B▲ 150.2% | 4.43B▲ 12.6% | 4.65B▲ 5.0% | 5.59B▲ 20.2% | 6.7B▲ 19.9% | 7.4B▲ 10.5% | 7.53B▲ 0% |
| Gross Margin % | 57.57% | 65.13% | 53.29% | 49.14% | 47.4% | 47.71% | 45.19% | 44.25% |
| Gross Profit Growth % | - | 150.16% | 12.6% | 5.04% | 20.17% | 19.94% | 10.47% | - |
| Operating Expenses | 1.36B | 3.79B | 4.88B | 4.74B | 6.14B | 5.83B | 6.38B | 4.85B |
| OpEx % of Revenue | 49.66% | 62.79% | 58.69% | 50.07% | 52.05% | 41.52% | 38.94% | - |
| Selling, General & Admin | 1.29B | 2.69B | 4.24B | 4.19B | 5.37B | 5.01B | -1.5B | 3.82B |
| SG&A % of Revenue | 47.18% | 44.63% | 51.06% | 44.24% | 45.56% | 35.68% | -9.13% | - |
| Research & Development | 67.74M | 260.38M | 634M | 552M | 765M | 820M | 991M | 1.03B |
| R&D % of Revenue | 2.48% | 4.31% | 7.63% | 5.83% | 6.49% | 5.84% | 6.05% | - |
| Other Operating Expenses | 0 | 835.83M | 0 | 0 | 0 | 0 | 6.88B | 0 |
| Operating Income | 215.86M▲ 0% | 141.54M▼ 34.4% | -449M▼ 417.2% | -88M▲ 80.4% | -549M▼ 523.9% | 869M▲ 258.3% | 1.02B▲ 17.8% | 749M▲ 0% |
| Operating Margin % | 7.91% | 2.34% | -5.4% | -0.93% | -4.66% | 6.19% | 6.25% | 4.4% |
| Operating Income Growth % | - | -34.43% | -417.23% | 80.4% | -523.86% | 258.29% | 17.84% | - |
| EBITDA | 544.87M | 962.19M | 561M | 987M | 736M | 1.97B | 2.54B | 1.97B |
| EBITDA Margin % | 19.96% | 15.94% | 6.75% | 10.43% | 6.24% | 13.99% | 15.51% | 11.58% |
| EBITDA Growth % | - | 76.59% | -41.7% | 75.94% | -25.43% | 167.12% | 29.25% | -4.36% |
| D&A (Non-Cash Add-back) | 329.01M | 820.65M | 1.01B | 1.07B | 1.28B | 1.1B | 1.52B | 1.22B |
| EBIT | 189.7M | 355.01M | -449M | -88M | -661M | 506M | 474M | 14M |
| Net Interest Income | -18.62M | -190.5M | -215M | -212M | -385M | -427M | -522M | -437M |
| Interest Income | 1.31M | 1.91M | 7M | 7M | 45M | 71M | 73M | 53M |
| Interest Expense | 19.93M | 191.75M | 222M | 219M | 430M | 498M | 595M | 334M |
| Other Income/Expense | -42.74M | -140.03M | -114M | -207M | -542M | -853M | -1.15B | -990M |
| Pretax Income | 173.12M▲ 0% | 1.5M▼ 99.1% | -563M▼ 37526.7% | -295M▲ 47.6% | -1.09B▼ 269.8% | 16M▲ 101.5% | -121M▼ 856.3% | -241M▲ 0% |
| Pretax Margin % | 6.34% | 0.02% | -6.78% | -3.12% | -9.25% | 0.11% | -0.74% | -1.42% |
| Income Tax | 30.36M | 48.96M | 194M | 75M | 120M | -146M | 286M | 242M |
| Effective Tax Rate % | 17.54% | 3254.55% | -34.46% | -25.42% | -11% | -912.5% | -236.36% | -100.41% |
| Net Income | 183.71M▲ 0% | 51.83M▼ 71.8% | -923M▼ 1880.9% | -432M▲ 53.2% | -1.22B▼ 182.9% | 109M▲ 108.9% | -310M▼ 384.4% | -455M▲ 0% |
| Net Margin % | 6.73% | 0.86% | -11.11% | -4.57% | -10.36% | 0.78% | -1.89% | -2.67% |
| Net Income Growth % | - | -71.79% | -1880.85% | 53.2% | -182.87% | 108.92% | -384.4% | -175.33% |
| Net Income (Continuing) | 142.76M | -47.45M | -757M | -370M | -1.21B | 162M | -407M | -524M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 271.44M | 42.1M | 50.79M | 154.33M | 1.32B | 1.97B | 660M | 417M |
| EPS (Diluted) | 2.38▲ 0% | 0.39▼ 83.6% | -5.24▼ 1443.6% | -2.44▲ 53.4% | -6.90▼ 182.8% | 0.24▲ 103.5% | -1.73▼ 820.8% | -▲ 0% |
| EPS Growth % | - | -83.61% | -1443.59% | 53.44% | -182.79% | 103.48% | -820.83% | -171.79% |
| EPS (Basic) | 2.39 | 0.40 | -5.24 | -2.44 | -6.90 | 0.24 | -1.73 | - |
| Diluted Shares Outstanding | 80.33M | 132.85M | 176M | 177M | 177M | 180M | 179M | 0 |
| Basic Shares Outstanding | 80.31M | 132.85M | 176M | 177M | 177M | 178M | 179M | 0 |
| Dividend Payout Ratio | 111.48% | - | - | - | - | - | - | - |
Flutter Entertainment plc (FLUT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 479.29M | 2B | 2.66B | 3.49B | 3.98B | 4.34B | 4.8B | 4.5B |
| Cash & Short-Term Investments | 393.72M | 1.74B | 2.32B | 2.68B | 3.44B | 3.59B | 3.85B | 1.58B |
| Cash Only | 393.72M | 1.63B | 2.21B | 2.52B | 3.27B | 3.46B | 3.83B | 1.58B |
| Short-Term Investments | 0 | 113.18M | 112.42M | 166M | 172M | 130M | 23M | 0 |
| Accounts Receivable | 24.91M | 123.16M | 168.76M | 266.8M | 328M | 491M | 190M | 155M |
| Days Sales Outstanding | 3.33 | 7.45 | 7.41 | 10.29 | 10.15 | 12.76 | 4.23 | 5.86 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 336.33M | 0 | 262M | 751M | 2.76B |
| Total Non-Current Assets | 6.68B | 21.23B | 20.06B | 21.15B | 20.66B | 20.16B | 24.48B | 23.97B |
| Property, Plant & Equipment | 395.04M | 494.7M | 611.4M | 844.68M | 900M | 1B | 1.18B | 1.14B |
| Fixed Asset Turnover | 6.91x | 12.20x | 13.59x | 11.20x | 13.10x | 14.05x | 13.88x | 14.73x |
| Goodwill | 5.46B | 13.01B | 12.66B | 13.06B | 13.74B | 13.35B | 15.82B | 15.65B |
| Intangible Assets | 739.87M | 7.56B | 6.6B | 7.07B | 5.88B | 5.36B | 7.02B | 6.71B |
| Long-Term Investments | 3.58M | 54.4M | 125.56M | 52.45M | 9M | 6M | 21M | 41M |
| Other Non-Current Assets | 63.32M | 105.94M | 52.82M | 36.21M | 100M | 175M | 130M | 761M |
| Total Assets | 7.16B▲ 0% | 23.23B▲ 224.6% | 22.72B▼ 2.2% | 24.64B▲ 8.4% | 24.64B▼ 0.0% | 24.51B▼ 0.5% | 29.28B▲ 19.5% | 28.47B▲ 0% |
| Asset Turnover | 0.38x | 0.26x | 0.37x | 0.38x | 0.48x | 0.57x | 0.56x | 0.58x |
| Asset Growth % | - | 224.62% | -2.18% | 8.43% | -0.01% | -0.52% | 19.47% | 72.14% |
| Total Current Liabilities | 1.17B | 2.71B | 2.81B | 3.99B | 4.53B | 4.59B | 5.04B | 4.98B |
| Accounts Payable | 33.52M | 108.95M | 100.5M | 245.87M | 240M | 266M | 386M | 427M |
| Days Payables Outstanding | 10.56 | 18.89 | 9.45 | 18.65 | 14.12 | 13.22 | 15.69 | 15.05 |
| Short-Term Debt | 388.02M | 101.84M | 93.05M | 144.23M | 174M | 172M | 239M | 324M |
| Deferred Revenue (Current) | 237.4M | 879.5M | 976.56M | 1.68B | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 418.36M | 1.37B | 1.37B | 1.57B | 3.69B | 4.03B | 4.42B | 4.66B |
| Current Ratio | 0.41x | 0.74x | 0.95x | 0.87x | 0.88x | 0.95x | 0.95x | 0.95x |
| Quick Ratio | 0.41x | 0.74x | 0.95x | 0.87x | 0.88x | 0.95x | 0.95x | 0.95x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | -9.19 |
| Total Non-Current Liabilities | 432M | 5.49B | 5.98B | 8.22B | 8.74B | 8.65B | 14.54B | 13.79B |
| Long-Term Debt | 153.27M | 4.22B | 4.81B | 6.67B | 7B | 6.68B | 12.63B | 12.24B |
| Capital Lease Obligations | 175M | 199.16M | 294.46M | 385.89M | 354M | 428M | 476M | 1.42B |
| Deferred Tax Liabilities | 86.11M | 684.71M | 674.52M | 914.32M | 802M | 605M | 1.1B | 4.35B |
| Other Non-Current Liabilities | 17.62M | 382.61M | 200.32M | 249M | 580M | 935M | 229M | 2.82B |
| Total Liabilities | 1.61B | 8.2B | 8.79B | 12.2B | 13.27B | 13.24B | 19.58B | 18.77B |
| Total Debt | 716.29M | 4.52B | 5.2B | 7.2B | 7.53B | 7.4B | 13.35B | 12.56B |
| Net Debt | 322.58M | 2.89B | 2.99B | 4.68B | 4.26B | 3.94B | 9.52B | 10.97B |
| Debt / Equity | 0.13x | 0.30x | 0.37x | 0.58x | 0.66x | 0.66x | 1.38x | 1.38x |
| Debt / EBITDA | 1.31x | 4.70x | 9.26x | 7.29x | 10.24x | 3.77x | 5.25x | 6.37x |
| Net Debt / EBITDA | 0.59x | 3.01x | 5.33x | 4.74x | 5.79x | 2.00x | 3.74x | 3.74x |
| Interest Coverage | 9.52x | 1.85x | -2.02x | -0.40x | -1.54x | 1.02x | 0.80x | 0.04x |
| Total Equity | 5.55B▲ 0% | 15.03B▲ 170.8% | 13.94B▼ 7.3% | 12.43B▼ 10.8% | 11.37B▼ 8.6% | 11.27B▼ 0.9% | 9.7B▼ 13.9% | 9.48B▲ 0% |
| Equity Growth % | - | 170.82% | -7.29% | -10.77% | -8.58% | -0.89% | -13.93% | -40.72% |
| Book Value per Share | 69.09 | 113.14 | 79.18 | 70.25 | 64.23 | 62.59 | 54.18 | 54.18 |
| Total Shareholders' Equity | 5.28B | 14.99B | 13.88B | 12.28B | 10.04B | 9.29B | 9.04B | 9.06B |
| Common Stock | 567.39M | 3.39B | 646.89M | 582.93M | 36M | 36M | 36M | 36M |
| Retained Earnings | 4.69B | 11.47B | 13.3B | 11.28B | 10.11B | 9.57B | 8.12B | 8.23B |
| Treasury Stock | -62M | -63.56M | -5.42M | -240.58K | 0 | 0 | 0 | 0 |
| Accumulated OCI | 84.39M | 194.11M | -52.82M | 422.1M | -1.48B | -1.93B | -1.11B | -1.25B |
| Minority Interest | 271.44M | 42.1M | 50.79M | 154.33M | 1.32B | 1.97B | 660M | 417M |
Flutter Entertainment plc (FLUT) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 549.9M | 1.36B | 553M | 1.16B | 937M | 1.6B | 1.18B | 1.18B |
| Operating CF Margin % | 20.14% | 22.54% | 6.66% | 12.29% | 7.95% | 11.4% | 7.23% | - |
| Operating CF Growth % | - | 147.43% | -59.36% | 110.31% | -19.43% | 70.97% | -26.09% | 24.74% |
| Net Income | 146.72M | -47.29M | -757M | -370M | -1.21B | 162M | -407M | -455M |
| Depreciation & Amortization | 337.89M | 879.7M | 1.01B | 1.07B | 1.28B | 1.1B | 1.52B | 1.64B |
| Stock-Based Compensation | 22.42M | 71M | 488M | 181M | 190M | 202M | 246M | 256M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | -145M | -177M |
| Other Non-Cash Items | -47.86M | 50.83M | -35M | -28M | 638M | 239M | 404M | 224M |
| Working Capital Changes | 90.73M | 406.39M | -153M | 305M | 35M | -98M | -431M | -80.74M |
| Change in Receivables | 17.18M | 24.67M | -17M | -12M | 23M | -11M | 0 | 39.57M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | -20M | -4.79M |
| Cash from Investing | -307.08M | 320.13M | -254M | -2.52B | -602M | -811M | -5.09B | -3.48B |
| Capital Expenditures | -57.69M | -80.82M | -122M | -122M | -159M | -144M | -105M | -111M |
| CapEx % of Revenue | 2.11% | 1.34% | 1.47% | 1.29% | 1.35% | 1.03% | 0.64% | - |
| Acquisitions | -139.77M | 596.92M | -70M | -2.1B | 0 | -160M | -2.69B | -2.69B |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | -112.63M | -195.97M | -62M | -300M | -443M | -517M | -2.3B | -715.38M |
| Cash from Financing | -269.97M | -1.03B | 361M | 1.78B | -113M | -469M | 4.04B | 2.17B |
| Debt Issued (Net) | 108.56M | -1.26B | 628M | 2.05B | 181M | -264M | 5.2B | 5.16B |
| Equity Issued (Net) | -109.09M | 2.66B | -234M | 6M | -199M | -189M | -1.12B | -871.39M |
| Dividends Paid | -204.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -113.81M | 0 | -252M | -3M | -212M | -219M | -1.12B | -875.29M |
| Other Financing | -64.64M | -2.43B | -33M | -269M | -95M | -16M | -48M | -2.13B |
| Net Change in Cash | -27.01M▲ 0% | 675.01M▲ 2599.1% | 530M▼ 21.5% | 309M▼ 41.7% | 281M▼ 9.1% | 238M▼ 15.3% | 323M▲ 35.7% | 112M▲ 0% |
| Free Cash Flow | 378.4M▲ 0% | 1.07B▲ 183.2% | 194M▼ 81.9% | 734M▲ 278.4% | 335M▼ 54.4% | 941M▲ 180.9% | 1.08B▲ 14.7% | 880.14M▲ 0% |
| FCF Margin % | 13.86% | 17.75% | 2.34% | 7.76% | 2.84% | 6.7% | 6.59% | 5.17% |
| FCF Growth % | - | 183.19% | -81.9% | 278.35% | -54.36% | 180.9% | 14.67% | 4.28% |
| FCF per Share | 4.71 | 8.07 | 1.10 | 4.15 | 1.89 | 5.23 | 6.03 | 6.03 |
| FCF Conversion (FCF/Net Income) | 2.99x | 26.25x | -0.60x | -2.69x | -0.77x | 14.70x | -3.82x | -1.93x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Flutter Entertainment plc (FLUT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 0.5% | -6.37% | -3.28% | -10.27% | 0.96% | -2.96% | -4.36% |
| Return on Invested Capital (ROIC) | 0.89% | -1.93% | -0.39% | -2.51% | 4.23% | 4.46% | 4.46% |
| Gross Margin | 65.13% | 53.29% | 49.14% | 47.4% | 47.71% | 45.19% | 44.25% |
| Net Margin | 0.86% | -11.11% | -4.57% | -10.36% | 0.78% | -1.89% | -2.67% |
| Debt / Equity | 0.30x | 0.37x | 0.58x | 0.66x | 0.66x | 1.38x | 1.38x |
| Interest Coverage | 1.85x | -2.02x | -0.40x | -1.54x | 1.02x | 0.80x | 0.04x |
| FCF Conversion | 26.25x | -0.60x | -2.69x | -0.77x | 14.70x | -3.82x | -1.93x |
| Revenue Growth | 121.1% | 37.64% | 13.9% | 24.59% | 19.15% | 16.62% | 18.9% |
Flutter Entertainment plc (FLUT) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 6, 2026·SEC
May 6, 2026·SEC
May 1, 2026·SEC
Feb 26, 2026·SEC
Flutter Entertainment plc (FLUT) stock FAQ — growth, dividends, profitability & financials explained
Flutter Entertainment plc (FLUT) reported $17.02B in revenue for fiscal year 2025. This represents a 523% increase from $2.73B in 2019.
Flutter Entertainment plc (FLUT) grew revenue by 16.6% over the past year. This is strong growth.
Flutter Entertainment plc (FLUT) reported a net loss of $455.0M for fiscal year 2025.
Flutter Entertainment plc (FLUT) has a return on equity (ROE) of -3.0%. Negative ROE indicates the company is unprofitable.
Flutter Entertainment plc (FLUT) generated $880.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Flutter Entertainment plc (FLUT) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates