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Flutter Entertainment FLUT Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin182.5%-7.2pp185.8%-3.7pp188.3%-0.9pp189.4%-0.8pp189.7%-2.2pp
Operating margin6.6%-4.1pp14%+13.4pp20%+30.2pp19.4%+29.0pp10.7%+16.7pp
Net margin-4.6%+4.2pp3.3%+27.2pp7%+42.3pp2%+34.5pp-8.8%+17.7pp
Returns
Return on equity-8.8%+1.0pp3.9%+33.0pp10.1%+52.3pp4.2%-9.8%
Return on invested capital5.6%12.3%17.7%
Efficiency
Asset turnover2.4×2.3×2.3×
Liquidity
Current ratio3.8×+0.1×3.8×+0.2×3.8×+0.3×3.7×3.7×
Leverage
Debt-to-equity5.3×+2.2×4.6×+1.6×+1.0×3.3×
Net debt / EBITDA26.4×+9.5×22×+1.0×17.8×-8.5×15.2×17×
Per Share
Book value per share$211.86-3.2%$215.45-0.9%$216.01-3.0%$221.05-1.8%$218.88
Valuation
Market capitalization$149.18B-7.0%$170.64B+9.3%$179.49B$176.6B$160.33B
Price / sales9.5×-2.1×11.2×-0.6×12.2×12.4×11.7×
Price / book15.8×-0.6×17.8×+1.7×18.6×17.9×16.4×
EV / EBITDA116.6×-11.9×119.6×-34.0×114.8×116.4×128.5×

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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.