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FLUTFlutter Entertainment plc
$101.83$17.7B
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Flutter Entertainment plc (FLUT) Quarterly Financial Ratios

Last 15 quarters of trend data · Consumer Cyclical · Gambling, Resorts & Casinos

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Flutter Entertainment plc's quarterly P/E stands at 20.9x, down 40.8% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 35.1% YoY to 13.8x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →-58.8620.89——121.0835.28143.58—31.44———131.53
—-40.8%——+285.1%———-76.1%————
P/S Ratio1.081.062.033.003.052.723.033.252.272.592.382.802.92
—-61.0%-33.0%-7.8%+34.4%+5.1%+27.2%+16.2%-22.1%-6.1%+13.5%+68.7%—
P/B Ratio1.881.883.974.584.053.394.083.522.863.162.783.072.74
—-44.5%-2.8%+30.3%+41.6%+7.3%+46.9%+14.5%+4.5%-3.5%+44.6%+76.8%—
P/FCF16.4229.8224.41454.6681.97113.2924.3294.2847.9947.5045.9216.49875.97
—-73.7%+0.4%+382.3%+70.8%+138.5%-47.0%+471.9%-94.5%—+169.7%+27.2%—
EV / EBITDA10.7213.7915.5937.3219.2221.2422.7432.6514.3823.35—44.7319.06
—-35.1%-31.5%+14.3%+33.6%-9.0%—-27.0%-24.5%-24.7%—+98.6%—
EV / EBIT26.5917.0235.20—43.4923.93178.38—24.9879.2884.56—45.15
—-28.9%-80.3%—+74.1%-69.8%+110.9%—-44.7%————

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Flutter Entertainment plc's operating margin was 1.8% in Q1 2026, down 5.2 pp QoQ and down 4.2 pp YoY. The trailing four-quarter average of 4.2% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 8.5% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin45.2%42.7%44.5%42.9%46.8%46.6%48.2%46.1%49.2%47.2%46.2%45.8%50.3%
—-8.5%-7.5%-7.0%-4.9%-1.2%+4.3%+0.5%-2.3%+0.1%+10.2%+9.4%—
Operating Margin6.3%1.8%7.1%-1.4%9.3%6.1%7.4%3.0%10.2%3.7%-18.7%-5.4%7.4%
—-69.8%-3.9%-147.7%-9.1%+66.7%+139.4%+155.8%+38.1%+810.0%-1031.6%-224.4%—
Net Margin-1.9%5.0%-0.2%-18.2%0.6%9.1%3.4%-3.7%7.2%-5.8%-27.5%-10.8%2.2%
—-44.6%-104.9%-396.4%-91.7%+257.0%+112.5%+65.9%+223.7%-65.1%-413.9%-100.7%—

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE-3.0%2.2%-0.1%-6.1%0.2%2.9%1.1%-1.0%2.3%-1.7%-8.8%-2.5%0.6%
—-22.8%-107.3%-503.8%-91.1%+265.4%+112.7%+59.3%+289.7%-90.1%-574.1%-77.1%—
ROA-1.2%0.7%-0.0%-2.3%0.1%1.3%0.5%-0.5%1.1%-0.8%-4.1%-1.2%0.3%
—-44.4%-105.2%-387.7%-91.5%+268.3%+112.8%+61.3%+289.8%—-531.2%-83.3%—
ROIC4.5%0.3%1.3%-0.2%1.6%1.1%1.3%0.5%1.8%0.6%-3.3%-0.7%1.1%
—-71.1%-1.4%-145.6%-8.6%+79.3%+140.8%+168.4%+64.4%+895.4%-1373.5%-178.0%—

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Flutter Entertainment plc's Debt/EBITDA ratio is 25.4x, up from 17.3x last quarter — elevated, raising questions about debt serviceability.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity1.381.291.381.280.840.630.660.620.630.660.660.650.56
—+106.1%+109.5%+105.4%+31.6%-4.6%-0.9%-4.5%+13.1%—+14.5%+10.7%—
Debt / EBITDA5.2525.3717.3434.7513.9314.3013.4821.0611.3717.40—33.9313.66
—+77.5%+28.6%+65.0%+22.5%-17.8%—-37.9%-16.8%——+33.1%—
Current Ratio0.950.900.950.960.950.950.950.890.900.840.880.880.81
—-4.8%+0.5%+8.9%+5.9%+12.7%+7.7%+0.8%+10.9%—+0.5%+2.2%—
Quick Ratio0.950.900.950.960.950.950.950.880.890.840.880.880.81
—-4.8%+0.5%+9.2%+6.3%+13.2%+7.7%+0.4%+10.5%—+0.5%-5.8%—
Interest Coverage0.802.401.82-3.852.564.370.58-0.243.420.970.98-1.492.71
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 15 years · Updated daily

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FLUT — Frequently Asked Questions

Quick answers to the most common questions about buying FLUT stock.

What is Flutter Entertainment plc's quarterly P/E ratio trend?

Flutter Entertainment plc's current P/E is -58.9x. The average P/E over the last 2 quarters is 71.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Flutter Entertainment plc's margins change by quarter?

Flutter Entertainment plc's current operating margin is 6.3%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at FLUT quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Flutter Entertainment plc's business trajectory between earnings reports.