What are Flutter Entertainment's profit margins?

Flutter Entertainment (FLUT) runs a 44.2% gross margin and a -0.6% operating margin, with a -3.2% net margin.

Where do Flutter Entertainment's ratios come from?

Every ratio is computed from Flutter Entertainment's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Flutter Entertainment FLUT Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	44.2%-3.3pp	45.2%-2.5pp	46.1%-1.1pp	46.9%-0.3pp	47.5%+0.2pp
Operating margin	-0.6%-7.4pp	0.2%-6.0pp	0.4%+0.6pp	6.6%+8.7pp	6.8%+10.1pp
Net margin	-3.2%-7.9pp	-2.5%-3.7pp	-1.7%+4.9pp	2.8%+10.9pp	4.7%+15.1pp
Returns
Return on equity	-5.7%-12.7pp	-4.5%-6.2pp	-2.7%+5.9pp	4.1%+14.0pp	7%+19.3pp
Return on invested capital	-0.6%-6.8pp	0.2%-5.4pp	0.3%—	5.7%—	6.2%—
Efficiency
Asset turnover	0.6×+0.1×	0.6×0.0×	0.6×—	0.5×—	0.6×—
Liquidity
Current ratio	0.9×0.0×	1×0.0×	1×+0.1×	0.9×+0.1×	0.9×+0.1×
Leverage
Debt-to-equity	1.4×+0.6×	1.4×+0.6×	1.4×+0.6×	1×+0.3×	0.8×0.0×
Net debt / EBITDA	7.3×+4.4×	7.1×+4.2×	7.9×+2.7×	4.1×-1.8×	2.9×-4.1×
Per Share
Book value per share	$51.21-6.5%	$51.06-1.1%	$52.52-8.7%	$57.07+3.9%	$54.79+2.7%
Valuation
Market capitalization	$17.81B-54.6%	$37.67B-19.0%	$45.05B+6.8%	$48.66B+50.2%	$39.26B+11.9%
Price / sales	1×-1.7×	2.3×-1.0×	2.9×-0.2×	3.3×+0.8×	2.7×-0.1×
Price / book	2×-2.0×	4.2×-0.8×	4.9×+0.8×	4.8×+1.5×	4×+0.3×
EV / EBITDA	18.9×-3.0×	31.4×+4.8×	39.9×-1.5×	26.5×-12.2×	21.9×-25.1×

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Questions, answered.

What are Flutter Entertainment's profit margins?: Flutter Entertainment (FLUT) runs a 44.2% gross margin and a -0.6% operating margin, with a -3.2% net margin.
Where do Flutter Entertainment's ratios come from?: Every ratio is computed from Flutter Entertainment's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.