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Flutter Entertainment plc logo

Flutter Entertainment plc

FLUT

NYSEConsumer CyclicalGambling, Resorts & Casinos

Open in GoAI

Previous close

$102.61

+$3.04 · +3.05%

Aug 21, 4:00 PM ET

Pre-market

$102.55

−$0.06 · -0.06%

Aug 24, 4:00 AM ET

FLUT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

68

Undervalued

Momentum

32

Weakening

Sentiment

62

Bullish

Risk resilience

40

Elevated Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Flutter Entertainment plc operates as a sports betting and gaming company in the United States, the United Kingdom, Ireland, Australia, Italy, and internationally. It provides sportsbooks; iGaming products, such as blackjack, roulette, slot machines, poker, and rummy, as well as lottery products; and sports betting products, which include Betfair betting exchanges, daily fantasy sports, and horse racing wagering under the TVG brand. The company offers sports betting and gaming services through fanduel.com, tvg.com, betfair.com, paddypower.com, and paddypower.ie, sportsbet.com.au, pokerstars.com, betfair.com, sisal.it, maxbet.rs, and adjarabet.com websites under the FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, tombola, Betfair, TVG, Adjarabet, and MaxBet brands, as well as live poker tours and events. It also provides business-to-business pricing and risk management services. The company was formerly known as Paddy Power Betfair plc and changed its name to Flutter Entertainment plc in 2019. Flutter Entertainment plc was incorporated in 1958 and is headquartered in New York, New York.

Industry
Gambling, Resorts & Casinos
Sector
Consumer Cyclical
Headquarters
US
CEO
Jeremy Peter Jackson
Listed since
Oct 4, 2002
Employees
28,518

Market position

Day range

Current $102.61

52-week range

Current $102.61

Open
$100.41
Previous close
$99.57
Volume
812.56K
0.27× average
Average volume
3.04M
Average daily volume
Market cap
17.8B USD
Beta
1.08
Market reference 1
50-day average
$103.22
-0.59% below average
200-day average
$137.51
-25.38% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
48.01B USD
P/E (TTM)
-24.17×
P/B (TTM)
2.05×
P/S (TTM)
1.04×
EV / EBITDA
24.2×
Earnings yield
-0.99%
Free cash flow yield
2.80%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
42.46%
Operating margin
-0.72%
Net margin
-4.63%
Return on equity
-4.20%
Return on assets
-1.30%
Return on invested capital
2.26%

Financial health

Debt / equity
1.44×
Current ratio
0.95×
Altman Z-score
1.53
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends60%34%8%-18%Gross margin, FY2021: 53.29%Gross margin, FY2022: 49.14%Gross margin, FY2023: 47.40%Gross margin, FY2024: 47.71%Gross margin, FY2025: 45.19%Operating margin, FY2021: -5.40%Operating margin, FY2022: -0.93%Operating margin, FY2023: -4.66%Operating margin, FY2024: 6.19%Operating margin, FY2025: 3.38%Net margin, FY2021: -11.11%Net margin, FY2022: -4.57%Net margin, FY2023: -10.36%Net margin, FY2024: 0.78%Net margin, FY2025: -2.32%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 53.29%. Gross margin FY2022 49.14%. Gross margin FY2023 47.40%. Gross margin FY2024 47.71%. Gross margin FY2025 45.19%. Operating margin FY2021 -5.40%. Operating margin FY2022 -0.93%. Operating margin FY2023 -4.66%. Operating margin FY2024 6.19%. Operating margin FY2025 3.38%. Net margin FY2021 -11.11%. Net margin FY2022 -4.57%. Net margin FY2023 -10.36%. Net margin FY2024 0.78%. Net margin FY2025 -2.32%.

Income trends

Revenue

16.38B USD+16.62%

Operating income

553M USD-36.36%

Net income

−380M USD−489M USD
Income trends across reported periods18.14B USD11.1B USD4.06B USD−2.98B USDRevenue, FY2021: 8.31B USDRevenue, FY2022: 9.46B USDRevenue, FY2023: 11.79B USDRevenue, FY2024: 14.05B USDRevenue, FY2025: 16.38B USDOperating income, FY2021: −449M USDOperating income, FY2022: −88M USDOperating income, FY2023: −549M USDOperating income, FY2024: 869M USDOperating income, FY2025: 553M USDNet income, FY2021: −923M USDNet income, FY2022: −432M USDNet income, FY2023: −1.22B USDNet income, FY2024: 109M USDNet income, FY2025: −380M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 8.31B USD. Revenue FY2022 9.46B USD. Revenue FY2023 11.79B USD. Revenue FY2024 14.05B USD. Revenue FY2025 16.38B USD. Operating income FY2021 −449M USD. Operating income FY2022 −88M USD. Operating income FY2023 −549M USD. Operating income FY2024 869M USD. Operating income FY2025 553M USD. Net income FY2021 −923M USD. Net income FY2022 −432M USD. Net income FY2023 −1.22B USD. Net income FY2024 109M USD. Net income FY2025 −380M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue16.38B USD14.05B USD11.79B USD9.46B USD8.31B USD
Cost of goods sold8.98B USD7.35B USD6.2B USD4.81B USD3.88B USD
Gross profit7.4B USD6.7B USD5.59B USD4.65B USD4.43B USD
Research and development991M USD820M USD765M USD552M USD634M USD
Selling, general, and administrative5.86B USD5.01B USD5.37B USD4.19B USD4.24B USD
Operating expenses6.85B USD5.83B USD6.14B USD4.74B USD4.88B USD
Interest income73M USD71M USD45M USD7M USD7M USD
Interest expense595M USD498M USD430M USD219M USD222M USD
Depreciation and amortization1.52B USD1.1B USD1.29B USD1.08B USD1.01B USD
Operating income553M USD869M USD−549M USD−88M USD−449M USD
Net income−380M USD109M USD−1.22B USD−432M USD−923M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 5 misses, 0 met estimates
Average EPS surprise
+40.33%
11 comparable reports
Latest EPS result
0.49
Estimate 0.54 · Miss by 8.92%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3.162.191.220.26Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Mar 4, 2025: actual 2.94, estimate 1.96, surprise +50.00%, Beat. Q2 2025, reported May 7, 2025: actual 1.59, estimate 1.91, surprise -16.75%, Miss. Q3 2025, reported Aug 7, 2025: actual 2.95, estimate 2.24, surprise +31.70%, Beat. Q4 2025, reported Nov 12, 2025: actual 1.64, estimate 0.608, surprise +169.74%, Beat. Q1 2026, reported Feb 26, 2026: actual 1.74, estimate 1.85, surprise -5.95%, Miss. Q2 2026, reported May 6, 2026: actual 1.22, estimate 1.09, surprise +11.93%, Beat. Q3 2026, reported Aug 5, 2026: actual 0.49, estimate 0.538, surprise -8.92%, Miss. Q4 2026, reported Nov 11, 2026: actual —, estimate 0.3, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates5.13B4.58B4.02B3.47BQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 4, 2025: actual 3.79B USD, estimate 3.75B USD, surprise +1.18%, Beat. Q2 2025, reported May 7, 2025: actual 3.67B USD, estimate 3.76B USD, surprise -2.63%, Miss. Q3 2025, reported Aug 7, 2025: actual 4.19B USD, estimate 4.13B USD, surprise +1.41%, Beat. Q4 2025, reported Nov 12, 2025: actual 3.79B USD, estimate 3.83B USD, surprise -0.83%, Miss. Q1 2026, reported Feb 26, 2026: actual 4.74B USD, estimate 4.93B USD, surprise -3.98%, Miss. Q2 2026, reported May 6, 2026: actual 4.3B USD, estimate 4.24B USD, surprise +1.61%, Beat. Q3 2026, reported Aug 5, 2026: actual 4.33B USD, estimate 4.24B USD, surprise +2.00%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 4.05B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$140.62

37.04% upside
Past 12 months12-month forecastHigh $210Average $140.62Low $110

Rating distribution

25 ratings
Strong buy00%
Buy1976%
Hold624%
Sell00%
Strong sell00%

Recent analyst actions

12 institutions

FLUT news

seekingalpha.com

Flutter Entertainment: No Catalysts In Sight To Change My Mind

Flutter Entertainment plc remains a neutral Hold, with no near-term catalysts expected until at least 2027. Q2 revenues grew 3.3% to $4.33B, but U.S. sportsbook revenues declined nearly 15%, offset by international…

Read source
businesswire.com

FanDuel and GeoComply Renew Strategic Partnership with New Multi-Year Deal

VANCOUVER, British Columbia--(BUSINESS WIRE)-- #DigitalIdentity--FanDuel Group, North America's premiere online gaming company, and GeoComply, the global leader in geolocation and identity intelligence, today announced a…

Read source
seekingalpha.com

Flutter Entertainment plc (FLUT) Discusses Strategic Promotional Investments and Customer Engagement Initiatives for FanDuel Transcript

Flutter Entertainment plc (FLUT) Discusses Strategic Promotional Investments and Customer Engagement Initiatives for FanDuel Transcript

Read source
proactiveinvestors.com

Flutter Entertainment price target trimmed on increased promotional spending

Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT)'s price target was lowered to $180 from $210 by Jefferies, which cut its earnings estimates following the company's decision to increase promotional spending in the US…

Read source
marketbeat.com

Flutter Entertainment Q2 Earnings Call Highlights

Flutter Entertainment NYSE: FLUT reported second-quarter revenue growth of 3% as strong customer engagement around the FIFA World Cup and acquisitions helped offset customer-friendly U.S. sports results and higher taxes…

Read source
proactiveinvestors.com

Citi upgrades Flutter after 13% share price slide

Citi has upgraded Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT) to 'neutral' following the gambling group's second-quarter results, arguing that a 13%...

Read source

Corporate actions

Corporate action history

Stock split

Effective Apr 9, 2020

203,351:200,000

Stock split

Effective Dec 10, 2015

9:10

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ETFs holding FLUT

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
463.16M
Weight
0.02%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
208.92M
Weight
0.22%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
167.16M
Weight
0.09%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
157.32M
Weight
0.07%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
106.15M
Weight
0.15%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
69.27M
Weight
0.03%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
Vanguard Morningstar Mid-Cap Growth ETF logoVanguard Morningstar Mid-Cap Growth ETFVOT
Market value
55.4M
Weight
0.16%
AUM
33.5B USD
Expense ratio
0.05%
Price / 1D
$305.46+0.79%
Schwab U.S. Large-Cap Growth ETF logoSchwab U.S. Large-Cap Growth ETFSCHG
Market value
43.2M
Weight
0.07%
AUM
62.32B USD
Expense ratio
0.04%
Price / 1D
$35.32+0.63%

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