Flutter Entertainment
FLUT
75.85
-0.40
-0.52%
Flutter Entertainment
US · FLUT
#1248 by market cap
Listed 1970
75.85
-0.40
-0.52%
Live - 5344 symbols - heartbeat 76s ago
· 2026-10-08 06:21
Pre-market
76.01
+0.21%
After-hours
75.90
+0.07%
- Market cap
- 13.16B
- P/E (TTM)i
- -17.81
- P/Bi
- 1.50
- EPSi
- -1.75
- Div yieldi
- 0.00%
- 52W posi
- 1%
Reader sentiment
Are you bullish or bearish on FLUT?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.40, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +16.62% YoY
Margins
- Gross margin
- 45.19%
- Operating margin
- 3.38%
- Net margin
- -1.89%
Key ratios & quality
- Enterprise valuei
- 21.78B
- Altman Z-Scorei
- 1.40
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.38B | 2.81B | 6.02B | 8.31B | 9.46B | 11.79B | 14.05B | 16.38B |
| Gross profit | 1.78B | 1.95B | 3.91B | 4.43B | 4.65B | 5.59B | 6.70B | 7.40B |
| Selling & admin expenses | -- | -- | -- | 4.24B | 4.19B | 5.37B | 5.01B | 5.86B |
| Research & development | -- | -- | -- | 634.00M | 552.00M | 765.00M | 820.00M | 991.00M |
| Operating profit | 329.66M | 219.62M | 171.85M | -449.00M | -88.00M | -549.00M | 869.00M | 553.00M |
| Pretax profit | 277.51M | 177.93M | 1.50M | -563.00M | -295.00M | -1.09B | 16.00M | -121.00M |
| Tax | 48.22M | 31.21M | 48.79M | 194.00M | 75.00M | 120.00M | -146.00M | 286.00M |
| Net profit | 229.29M | 146.72M | -47.29M | -757.00M | -370.00M | -1.21B | 162.00M | -407.00M |
| Basic EPS | 3 | 2 | 0 | -5 | -2 | -7 | 0 | -2 |
| Diluted EPS | 3.00 | 2.35 | 0.39 | -5.24 | -2.44 | -6.89 | 0.24 | -1.75 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 3.67B | 4.19B | 3.79B | 4.74B | 4.30B | 4.33B |
| Gross profit | 1.71B | 1.96B | 1.63B | 2.11B | 1.84B | 1.71B |
| Selling & admin expenses | 1.27B | 1.31B | 1.67B | 1.61B | 1.50B | 1.56B |
| Research & development | 215.00M | 256.00M | 275.00M | 245.00M | 259.00M | 300.00M |
| Operating profit | 223.00M | 389.00M | -317.00M | 258.00M | 79.00M | -144.00M |
| Pretax profit | 354.00M | 205.00M | -834.00M | 154.00M | 234.00M | -299.00M |
| Tax | 19.00M | 168.00M | -45.00M | 144.00M | 25.00M | -3.00M |
| Net profit | 335.00M | 37.00M | -789.00M | 10.00M | 209.00M | -296.00M |
| Basic EPS | 2 | 1 | -4 | 0 | 1 | -2 |
| Diluted EPS | 1.57 | 0.59 | -3.91 | -0.05 | 1.23 | -1.57 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 472.92M | 474.38M | 1.99B | 2.65B | 3.98B | 3.98B | 4.34B | 4.80B |
| Cash & ST investments | 156.96M | 141.74M | 935.17M | 1.40B | 3.14B | 3.42B | 3.59B | 3.78B |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 6.57B | 7.08B | 23.16B | 22.64B | 25.26B | 24.64B | 24.51B | 29.28B |
| Total current liabilities | 733.94M | 1.16B | 2.70B | 2.80B | 4.63B | 4.53B | 4.59B | 5.04B |
| Short-term debt | 507.56K | 384.70M | 135.06M | 93.26M | 153.00M | 174.00M | 172.00M | 239.00M |
| Long-term debt | 359.10M | 151.70M | 4.21B | 4.79B | 6.71B | 7.01B | 6.68B | 12.16B |
| Total liabilities | 1,227,286,569.89 | 1,588,608,590.76 | 8,171,906,728.27 | 8,755,229,843.17 | 13,138,000,000.00 | 13,267,000,000.00 | 13,241,000,000.00 | 19,582,000,000.00 |
| Total equity | 5.34B | 5.49B | 14.99B | 13.89B | 12.12B | 11.37B | 11.27B | 9.70B |
| Retained earnings | 4.48B | 4.64B | 551.94M | 13.25B | 11.59B | 10.11B | 9.57B | 8.12B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 4.24B | 4.39B | 4.78B | 4.80B | 4.50B | 4.52B |
| Cash & ST investments | 3.47B | 3.47B | 3.69B | 3.78B | 3.46B | 3.55B |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 24.83B | 29.87B | 29.34B | 29.28B | 28.47B | 28.21B |
| Total current liabilities | 4.47B | 4.63B | 4.96B | 5.04B | 4.98B | 5.07B |
| Short-term debt | 189.00M | 192.00M | 273.00M | 239.00M | 324.00M | 259.00M |
| Long-term debt | 6.76B | 9.88B | 11.95B | 12.16B | 11.79B | 11.87B |
| Total liabilities | 13,052,000,000.00 | 17,232,000,000.00 | 19,420,000,000.00 | 19,582,000,000.00 | 18,765,000,000.00 | 18,855,000,000.00 |
| Total equity | 11.77B | 12.64B | 9.92B | 9.70B | 9.71B | 9.36B |
| Retained earnings | 9.75B | 9.25B | 8.34B | 8.12B | 8.23B | 7.84B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 419.25M | 549.90M | 1.36B | 553.00M | 1.16B | 937.00M | 1.60B | 1.18B |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- | -- | -- |
| Free cash flow | 291.85M | 378.40M | 1.07B | 194.00M | 734.00M | 335.00M | 941.00M | 407.00M |
| Dividends paid | -214.45M | -204.80M | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -523.68M | -109.09M | 2.66B | -234.00M | 6.00M | -199.00M | -189.00M | -1.12B |
| Ending cash balance | 156.96M | 135.18M | 822.33M | 2.68B | 2.99B | 3.27B | 3.51B | 3.83B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 188.00M | 359.00M | 209.00M | 428.00M | 330.00M | 363.00M |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | 88.00M | 156.00M | 25.00M | 138.00M | 153.00M | 189.00M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -241.00M | -352.00M | -244.00M | -279.00M | -131.00M | -127.00M |
| Ending cash balance | 3.39B | 3.52B | 3.73B | 3.83B | 3.51B | 3.62B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 4.64 | 3.67 | 0.51 | -3.90 | -2.79 | -10.91 | 0.44 | -3.38 |
| ROA %i | 3.86 | 2.77 | 0.34 | -2.45 | -1.54 | -4.95 | 0.18 | -1.15 |
| ROIC %i | 4.50 | 3.54 | 1.50 | -1.88 | -0.87 | -5.04 | 2.08 | 0.38 |
| 5-year avg ROE %i | 21.54 | 14.43 | 2.76 | 1.53 | -0.21 | -3.46 | -4.11 | -4.88 |
| EBIT margin %i | 11.87 | 6.95 | 3.21 | -1.41 | -0.64 | -5.61 | 3.60 | 2.85 |
| FCF / sales %i | 12.28 | 13.49 | 17.81 | 6.49 | 11.82 | 2.84 | 6.70 | 2.48 |
| Current ratioi | 0.64 | 0.41 | 0.74 | 0.95 | 0.86 | 0.88 | 0.95 | 0.95 |
| Quick ratioi | 0.23 | 0.14 | 0.37 | 0.53 | 0.77 | 0.84 | 0.89 | 0.89 |
| Debt / assetsi | 5.47 | 10.02 | 19.61 | 22.87 | 28.68 | 30.58 | 29.72 | 43.96 |
| LT debt / equityi | 7.08 | 6.22 | 29.49 | 36.75 | 64.26 | 73.27 | 76.52 | 139.78 |
| Interest coveragei | 60.11 | 11.44 | 1.01 | -0.42 | -0.22 | -1.54 | 1.03 | 0.79 |
| Revenue CAGR (3Y) %i | 26.41 | 14.86 | 36.62 | 51.76 | 49.96 | 25.15 | 19.14 | 20.08 |
| Net income CAGR (3Y) %i | 16.82 | -- | -44.01 | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | 10.40 | 35.20 | 27.03 | -12.73 | 24.71 | -32.13 | 69.28 | -17.85 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 5.39 | 3.64 | -2.27 | -3.38 | -3.96 | -7.95 |
| ROA %i | 2.12 | 1.35 | -0.81 | -1.15 | -1.41 | -2.60 |
| ROIC %i | 4.78 | 3.47 | 0.72 | 0.38 | -0.12 | -1.76 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 6.98 | 5.77 | 1.30 | 2.85 | 2.40 | -0.30 |
| FCF / sales %i | 5.90 | 5.57 | 4.81 | 2.48 | 2.77 | 2.94 |
| Current ratioi | 0.95 | 0.95 | 0.96 | 0.95 | 0.90 | 0.89 |
| Quick ratioi | 0.89 | 0.88 | 0.88 | 0.89 | 0.83 | 0.82 |
| Debt / assetsi | 29.77 | 35.35 | 43.23 | 43.96 | 44.11 | 44.52 |
| LT debt / equityi | 73.02 | 101.50 | 134.26 | 139.78 | 135.00 | 140.57 |
| Interest coveragei | 2.14 | 1.82 | 0.39 | 0.79 | 0.63 | -0.07 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Sportsbook is the largest reported line at 51.53% of revenue, across 3 reported segments.
- IGaming follows at 44.73%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Sportsbook51.53%
IGaming44.73%
Other3.74%
Quote time 2026-10-08 06:21:43 · For reference only, not investment advice and not tailored to your situation.