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%
Market cap
$13.2B
P/E
0.0×
Fwd P/E
43.5×
Dividend yield
—
F-score
5/9
Altman Z
2.08
Beneish M
−2.03
Dividend safety
n/a

Insider Decisions trades per month

Total buys 1.05
Total sells 3.13
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — 7 — — — — —
Sell — — — — 3 — 12 — — 1 5 —
Insider Ownership 19.48%

Capital & Financial Ratios $m

Market Cap 13,220.00
Revenue 17,161.00
Net Income (866.00)
Free Cash Flow 505.00
Net Debt 8,352.00
Current Ratio 0.89 (below 1: weak)
Debt/Equity 1.33
P/E ratio 0.00
Fwd P/E 43.50 (above 35: high)
P/S ratio 0.77
P/B ratio 1.47
Past 5Y EPS Growth —
This Y EPS Growth (40.10%) (below 0%: weak)
Next Y EPS Growth 49.44% (at or above 15%: strong)
Next Y revenue growth 9.13%
Next 5Y EPS Growth 7.96%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/B against its own 10 years 0.56%
10-year low 10-year high
EV/FCF against its own 10 years 14.66%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 3,443 3,639 3,855 3,626
Receivables 90 98 190 130
Inventory — — — —
Other — — — —
3,976 4,344 4,796 4,517
2023 2024 2025 Q'26
Payables 240 266 386 341
ST’ Debt 51 53 109 106
Other 4,112 4,152 4,418 4,470
4,526 4,590 5,043 5,070

Compound Annual Growth %

10y 5y 3y
Sales — — 20.08%
Cash Flow — — 0.60%
Earnings — — 0.00%
Book Value — — (6.07%)

Revenue $m

Mar Jun Sep Dec Year
’26 4,304 4,326 — — —
’25 3,665 4,187 3,794 4,737 16,383
’24 3,397 3,611 3,248 3,792 14,048
’23 2,918 3,001 2,558 3,313 11,790
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 330 363 — — —
’25 188 359 209 428 1,184
’24 337 323 290 652 1,602
’23 (49) 41 554 391 937
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 153 189 — — —
’25 93 156 25 138 412
’24 185 171 112 473 941
’23 (176) (95) 434 172 335
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 1.23 (1.57) — — —
’25 1.57 0.59 (3.91) (0.05) (1.75)
’24 (1.10) 1.45 (0.58) 0.45 0.24
’23 (0.63) 0.36 (1.47) (5.10) (6.89)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten 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
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.

All 10 years →

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%

All 16 Gambling stocks →

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.

Source: company filings (standardised) and stockrow calculations.

Flutter Entertainment PLC (FLUT) Latest News

12 Aug

Impact 4 · transcript

8 Aug

Impact 3 · transcript

5 Aug

stockrow.com/FLUT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com