What does U.S. — number of states, online casino availability mean?

The total count of U.S. jurisdictions where the company is legally authorized to offer online casino gaming services. This metric reflects the company's regulatory footprint and market access for high-margin iGaming products.

Flutter Entertainment FLUT U.S. — Number of states, online casino availability

Similar metrics at other companies

QXOUNITED STATES — Number of States in which entity operates

5,000%—

COSTUNITED STATES — Number of states in country

4,700%—

ORLYUS — Number Of States In Which Entity Operates

4,800%0.0pp

CZROnline Real Money Gaming Businesses — Number of jurisdictions in which the company operates

5—

DLTRUnited States — Number of States in which Entity Operates

4,800%—

DVAUnited States — Number of States in which Entity Operates

4,600%0.0pp

Other financials

Income statement

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Revenue$4.3B+17.4%

Gross profit$1.8B+7.5%

Operating income$79.0M-64.6%

Net income$209.0M-37.6%

EPS (diluted)$1.23-21.7%

Balance sheet

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Cash & equivalents$1.5B-1.6%

Total debt$12.7B+69.8%

Total equity$9.1B-8.1%

Total assets$28.5B+14.7%

Cash flow

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Operating cash flow$330.0M+75.5%

CapEx$25.0M+31.6%

Free cash flow$305.0M+80.5%

Valuation

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Market cap$17.56B-67.4%

Enterprise value$28.75B-54.3%

P/S1×-2.6×

Profitability

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Gross margin44.2%-3.3pp

Operating margin-0.6%-7.4pp

Net margin-3.2%-7.9pp

FCF margin7.1%-2.0pp

Returns & leverage

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Return on equity-5.7%-12.7pp

Debt / equity1.4×+0.6×

Current ratio0.9×0.0×

Where this comes from

Reported directly by Flutter Entertainment in its filing.

Tagged under the XBRL concept flut:NumberOfStatesOnlineCasinoAvailability.

The official record: Flutter Entertainment’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flutter Entertainment's U.S. — number of states, online casino availability?: Flutter Entertainment (FLUT) reported U.S. — number of states, online casino availability of 5 in Q4 2025.
What does U.S. — number of states, online casino availability mean?: The total count of U.S. jurisdictions where the company is legally authorized to offer online casino gaming services. This metric reflects the company's regulatory footprint and market access for high-margin iGaming products.