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.
Ticker
FLUT
Exchange
NYSE
Sector
Consumer Cyclical
Industry
Gambling
Market cap
$14.38B
52-week range
$72.56 - $235.77
Valuation
Share price
$81.70 (close of Nov 6, 2026)
P/E (TTM)
-15.56x
Price to book
1.76x
Price to free cash flow
11.62x
Enterprise value
$25.54B
Book value per share
$46.34
Price performance
Period
Change
1 day
-1.53%
5 days
-1.08%
1 month
+7.15%
3 months
-12.16%
6 months
-17.57%
Year to date
-62.01%
1 year
-62.26%
3 years
-51.95%
5 years
-51.77%
10 years
-28.66%
All time
+1,602.08%
Short interest
As of
Oct 15, 2026
Short % of float
11.18%
Shares short
15.76M
Days to cover
5.48
Change since prior report
+4.98%
Source
FINRA consolidated short interest
Profitability and growth
Return on equity
-4.39%
Return on invested capital
0.08%
Return on assets
-1.39%
Return on capital employed
0.15%
Gross margin
45.19%
Net margin
-2.48%
EBITDA margin
9.48%
Revenue growth
16.62%
Free cash flow growth
-25.99%
Cash flow and balance sheet
Free cash flow yield (TTM)
8.60%
Current ratio
0.91x
Net debt to EBITDA
9.33x
Latest reported year
Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$16.38B
Cost of revenue
$8.98B
Gross profit
$7.40B
EBITDA
$1.55B
Net income
-$407.00M
Earnings per share
$-1.75
Research and development
$991.00M
Interest expense
$515.00M
Shares outstanding
177.00M
Income statement by year
Period end
Revenue
Gross profit
Net income
EPS
2025-12-31
$16.38B
$7.40B
-$407.00M
-$1.75
2024-12-31
$14.05B
$6.70B
$162.00M
$0.24
2023-12-31
$11.79B
$5.59B
-$1.21B
-$6.89
2022-12-31
$9.46B
$4.65B
-$370.00M
-$2.44
2019-12-31
$2.53B
$1.84B
$62.82M
$0.22
2018-12-31
$2.03B
$1.57B
-$102.45M
-$0.49
2017-12-31
$1.31B
$1.06B
$259.23M
$1.77
2016-12-31
$1.16B
-
$136.14M
$0.96
Margins and returns by year
Period end
Gross margin
Net margin
Return on equity
Return on capital
2025-12-31
45.19%
-2.48%
-4.39%
0.08%
2024-12-31
47.71%
1.15%
1.71%
5.19%
2023-12-31
47.40%
-10.27%
-11.85%
-3.09%
2022-12-31
49.14%
-3.91%
-3.31%
-0.48%
2019-12-31
72.59%
2.48%
1.39%
2.78%
2018-12-31
77.37%
-5.05%
-2.47%
2.69%
2017-12-31
81.14%
19.75%
11.04%
8.93%
2016-12-31
-
11.78%
6.18%
5.93%*
* Estimated EBIT: pre-tax income + net interest. This company reports no operating income line.