Saturday 17 October 2026
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Flutter Entertainment PLC
FLUT Consumer Cyclical Gambling
Flutter Entertainment PLC’s revenue for fiscal 2025 (year ended December 2025) was $16.4 billion, up 16.6% from fiscal 2024. In the quarter to June 2026, revenue grew 3.32%, EPS fell 366.1%, free cash flow grew 21.2% and total debt rose 20.4%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.
75.58
0.60
−0.79%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 102.55 | 95.25 | 79.12 | 70.25 | 75.00 | 129.29 | 88.30 | 137.00 | 158.43 | 189.33 |
Analyst estimates 2026–2028 Powerpack |
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| High | 150.47 | 118.02 | 121.00 | 118.00 | 213.77 | 241.52 | 165.38 | 210.00 | 284.79 | 313.69 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 23,053 | 27,345 | 28,518 | ||||
| Revenue/emp, $m | — | — | — | — | — | — | 0.00 | 0.51 | 0.51 | 0.57 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | 9,463 | 11,790 | 14,048 | 16,383 | ||||
| Gross margin, % | — | — | — | — | — | — | 49.14 | 47.40 | 47.71 | 45.19 | |||||
| EBT | — | — | — | — | — | — | (295) | (1,091) | 16 | (121) | |||||
| EBT margin, % | — | — | — | — | — | — | (3.12) | (9.25) | 0.11 | (0.74) | |||||
| Net income | — | — | — | — | — | — | (370) | (1,211) | 162 | (407) | |||||
| Depreciation | — | — | — | — | — | — | 1,075 | 1,285 | 1,097 | 1,517 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | 53.46 | 66.61 | 78.92 | 92.56 | ||||
| Earnings | — | — | — | — | — | — | (2.09) | (6.89) | 0.24 | (1.75) | |||||
| Cash flow | — | — | — | — | — | — | 6.57 | 5.29 | 9.00 | 6.69 | |||||
| Capex | — | — | — | — | — | — | (2.38) | (3.40) | (3.71) | (4.36) | |||||
| Free cash flow | — | — | — | — | — | — | 4.19 | 1.89 | 5.29 | 2.33 | |||||
| Book value | — | — | — | — | — | — | 63.23 | 57.72 | 53.14 | 52.40 | |||||
| Shares, m | — | — | — | — | — | — | 177 | 177 | 178 | 177 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | 0.00 | 0.00 | 1,174.77 | 0.00 | ||||
| P/S | — | — | — | — | — | — | 0.00 | 2.62 | 3.27 | 2.32 | |||||
| P/B | — | — | — | — | — | — | 0.00 | 3.02 | 4.86 | 4.10 | |||||
| EV/Sales | — | — | — | — | — | — | 0.00 | 2.92 | 3.50 | 2.84 | |||||
| EV/FCF | — | — | — | — | — | — | 0.00 | 102.87 | 52.18 | 112.80 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | 1,163 | 937 | 1,602 | 1,184 | ||||
| Capex | — | — | — | — | — | — | (422) | (602) | (661) | (772) | |||||
| Free cash flow | — | — | — | — | — | — | 741 | 335 | 941 | 412 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | (650) | (550) | (246) | (247) | ||||
| Total debt | — | — | — | — | — | — | 6,750 | 7,056 | 6,736 | 12,266 | |||||
| Net debt | — | — | — | — | — | — | 3,593 | 3,613 | 3,097 | 8,411 | |||||
| Shareholders’ equity | — | — | — | — | — | — | 11,191 | 10,216 | 9,459 | 9,274 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | 0.00 | (4.90) | 0.17 | (1.15) | ||||
| ROIC | — | — | — | — | — | — | (0.37) | (2.48) | 4.33 | 0.13 | |||||
| ROE | — | — | — | — | — | — | 0.00 | (11.42) | 0.44 | (3.31) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Flutter Entertainment PLC vs peers in Gambling (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| DKNG DraftKings Inc. | $17.2B | — (loss-making) | 90.5× | −4.58% (below 0%: shrinking) | n/m | −51.62% (below 0%: shrinking) | 38.21% | (4.72%) | Compare |
| FLUT Flutter Entertainment PLC | $13.2B | — (loss-making) | 43.5× | +3.32% (above 0%: growing) | n/m | +21.15% (above 0%: growing) | 39.60% | (3.33%) | |
| LNWO Light & Wonder, Inc. | $7.0B | 24.0× | 15.2× | +2.35% (above 0%: growing) | +38.39% (above 0%: growing) | +464.29% (above 0%: growing) | 74.64% | 26.93% | Compare |
| CHDN Churchill Downs, Incorporated | $5.7B | 14.0× | 12.1× | +4.93% (above 0%: growing) | +13.58% (above 0%: growing) | +2.58% (above 0%: growing) | 42.76% | 36.43% | Compare |
| SGHC Super Group (SGHC) Limited | $5.7B | 15.1× | 14.9× | +32.30% (above 0%: growing) | +100.00% (above 0%: growing) | −39.92% (below 0%: shrinking) | 100.00% | 25.15% | Compare |
| RSI Rush Street Interactive, Inc. | $4.4B | 61.7× | 69.2× | +46.27% (above 0%: growing) | −44.44% (below 0%: shrinking) | +128.07% (above 0%: growing) | 35.47% | 11.74% | Compare |
| BRSL Brightstar Lottery | $1.8B | 7.3× | 16.1× | −7.45% (below 0%: shrinking) | n/m | −719.07% (below 0%: shrinking) | 46.92% | 19.69% | Compare |
| ACEL Accel Entertainment, Inc. | $898.0M | 15.8× | 16.9× | +9.59% (above 0%: growing) | +66.67% (above 0%: growing) | +266.72% (above 0%: growing) | 31.30% | 8.71% | Compare |
| CDRO Codere Online Luxembourg, S.A. | $437.9M | — (loss-making) | — | +232.74% (above 0%: growing) | +94.12% (above 0%: growing) | +7,111.62% (above 0%: growing) | 47.71% | 0.00% | Compare |
| Median of peers | $5.1B | 15.5× | 16.1× | +7.26% | +52.53% | +65.33% | 44.84% | 15.72% |
Flutter Entertainment PLC (FLUT) key facts
- Strength: Flutter Entertainment PLC’s revenue for fiscal 2025 (year ended December 2025) was $16.4 billion, up 16.6% from fiscal 2024.
- Flutter Entertainment PLC (FLUT) is a Gambling company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
- As of October 16, 2026, FLUT traded at $75.58, a market capitalization of $13.2 billion.
- Return on equity was −3.31% and debt-to-equity 1.33.
- Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.08 (grey zone) for fiscal 2025.