Flutter Entertainment FLUT Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 44.2%-0.9pp | 45.2%-0.9pp | 46.1%-0.8pp | 46.9%-0.6pp | 47.5%-0.2pp | |
| Operating margin | -0.6%-0.9pp | 0.2%-0.1pp | 0.4%-6.3pp | 6.6%-0.1pp | 6.8%+0.6pp | |
| Net margin | -3.2%-0.6pp | -2.5%-0.9pp | -1.7%-4.5pp | 2.8%-1.9pp | 4.7%+3.6pp | |
| Returns | ||||||
| Return on equity | -5.7%-1.2pp | -4.5%-1.9pp | -2.7%-6.8pp | 4.1%-2.8pp | 7%+5.3pp | |
| Return on invested capital | -0.6%-0.8pp | 0.2%-0.1pp | 0.3%-5.3pp | 5.7%-0.5pp | 6.2%+0.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.6×0.0× | 0.6×0.0× | 0.6×0.0× | 0.5×0.0× | 0.6×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.9×0.0× | 1×0.0× | 1×0.0× | 0.9×0.0× | 0.9×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 1.4×0.0× | 1.4×0.0× | 1.4×+0.3× | 1×+0.3× | 0.8×0.0× | |
| Net debt / EBITDA | 7.3×+0.2× | 7.1×-0.8× | 7.9×+3.8× | 4.1×+1.2× | 2.9×0.0× | |
| Per Share | ||||||
| Book value per share | $51.21+0.3% | $51.06-2.8% | $52.52-8.0% | $57.07+4.1% | $54.79+6.1% | |
| Valuation | ||||||
| Market capitalization | $17.81B-52.7% | $37.67B-16.4% | $45.05B-7.4% | $48.66B+23.9% | $39.26B-15.6% | |
| Price / sales | 1×-1.3× | 2.3×-0.6× | 2.9×-0.3× | 3.3×+0.5× | 2.7×-0.6× | |
| Price / book | 2×-2.2× | 4.2×-0.7× | 4.9×+0.1× | 4.8×+0.8× | 4×-1.0× | |
| EV / EBITDA | 18.9×-12.4× | 31.4×-8.5× | 39.9×+13.4× | 26.5×+4.5× | 21.9×-4.7× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
