Flutter Entertainment plc

FLUT· NYSE· Services-Computer Programming, Data Processing, Etc.

Market cap
–
P/FCF
–
EV/Sales
–
FCF margin
6.6%
ROIC, 5 yr avg
–
Revenue, 5 yr CAGR
–
We record prices for the companies we cover; FLUT is not one of them yet.

Company statistics

From the 10-Ks, computed in code · point at a figure for its formula

Profile · FY2025

Market cap
–
Enterprise value
–
Diluted shares
177.0M
Revenue
$16.4B
Free cash flow
$1.1B
Owner earnings
$833.0M

Valuation · FY2025

P/E
–
P/FCF
–
P/Owner earnings
–
EV/Sales
–
EV/FCF
–
P/B
–

Margins · FY2025

Gross
45.2%
Operating
0.2%
Net
–
Free cash flow
6.6%
Owner earnings
5.1%
Stock pay
1.5%

Returns

ROIC, FY2025
–
ROIC, 5 yr avg
–
ROE, FY2025
–
ROE, 5 yr avg
–

Growth (CAGR)

Revenue, 3 yr
20.1%
Revenue, 5 yr
–
Diluted EPS, 3 yr
–
Diluted EPS, 5 yr
–
Free cash flow, 3 yr
1.2%
Free cash flow, 5 yr
–

Financial health · FY2025

Cash and investments
$1.9B
Total debt
$12.3B
Net debt
$10.4B
Debt/Equity
1.4x
Debt/FCF
11.4x

Shareholder returns · FY2025

Dividend yield
–
Payout ratio
–
Buyback yield
–
Shareholder yield
–
Share count, 5 yr
–

Financials: ten years from the 10-Ks

Reported numbers open their filing · computed ones show the formula · ˢ split-adjusted

Revenue

$16.4B

+20.1% a year over 3 years

FY2022: Revenue $9.5BFY2023: Revenue $11.8BFY2024: Revenue $14.0BFY2025: Revenue $16.4B
FY2022FY2025

Margins

Gross45.2%Operating0.2%

FY2025

FY2022: Gross 49.1%, Operating -0.9%FY2023: Gross 47.4%, Operating -4.7%FY2024: Gross 47.7%, Operating 6.2%FY2025: Gross 45.2%, Operating 0.2%
FY2022FY2025

Free cash flow and owner earnings

Free cash flow$1.1BOwner earnings$833.0M

Free cash flow +1.2% a year

FY2022: Free cash flow $1.0B, Owner earnings $909.0MFY2023: Free cash flow $778.0M, Owner earnings $598.0MFY2024: Free cash flow $1.5B, Owner earnings $1.3BFY2025: Free cash flow $1.1B, Owner earnings $833.0M
FY2022FY2025

Diluted shares

177.0M

0.0% over 3 years, net dilution

FY2022: Diluted shares 177.0MFY2023: Diluted shares 177.0MFY2024: Diluted shares 180.0MFY2025: Diluted shares 177.0M
FY2022FY2025

Net debt (below zero)

-$10.4B

$10.4B more debt than cash

FY2022: Net cash –FY2023: Net cash -$5.4BFY2024: Net cash -$5.1BFY2025: Net cash -$10.4B
FY2022FY2025

Every figure, year by year

Fiscal yearFY2022FY2023FY2024FY2025
The business
Revenue$9.5B$11.8B$14.0B$16.4B
Revenue growth–24.6%19.2%16.6%
Gross margin49.1%47.4%47.7%45.2%
Operating margin-0.9%-4.7%6.2%0.2%
Net income––––
Net margin––––
Diluted EPS$-2.44$-6.89$0.24$-1.75
Return on invested capital?––––
Cash
Operating cash flow$1.2B$937.0M$1.6B$1.2B
Capital expenditure$122.0M$159.0M$144.0M$105.0M
Free cash flow$1.0B$778.0M$1.5B$1.1B
Stock-based compensation$132.0M$180.0M$196.0M$246.0M
Owner earnings?$909.0M$598.0M$1.3B$833.0M
Free cash flow per share$5.88$4.40$8.10$6.10
Capital allocation
Dividends paid––––
Share repurchases$3.0M$212.0M$219.0M$1.1B
Diluted shares177.0M177.0M180.0M177.0M
Share count change?–0.0%1.7%-1.7%
Balance sheet
Cash and equivalents$966.0M$1.5B$1.5B$1.8B
Short-term investments–$172.0M$130.0M$23.0M
Total debt–$7.1B$6.7B$12.3B
Net debt–$5.4B$5.1B$10.4B
Shareholders' equity$11.2B$10.0B$9.3B$9.0B

Latest filings

All on EDGAR
2026-08-0510-QQuarterly report
2026-08-058-KEarnings release
2026-05-068-KEarnings release
2026-05-0610-QQuarterly report
2026-04-16DEF 14AProxy statement
2026-02-2610-KAnnual report
2026-02-268-KEarnings release
2025-11-1210-QQuarterly report
2025-11-128-KEarnings release
2025-08-0710-QQuarterly report

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