4 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 20.1% per year over the past 3 years.
Operating margin has expanded, at 0.2% in the latest year.
Free cash flow has grown 1.2% per year over the past 3 years.
Financial health
Total debt ($12.3B) exceeds cash ($1.8B); net debt is $10.4B.
Total debt has grown faster than revenue (31.8% vs 20.1% per year).
Total debt is 7.9× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$16.4B
-$407M
45.2%
0.2%
$1.1B
$12.3B
$1.8B
2024
$14.0B
$162M
47.7%
6.2%
$1.5B
$6.7B
$1.5B
2023
$11.8B
-$1.2B
47.4%
-4.7%
$778M
$7.1B
$1.5B
2022
$9.5B
-$370M
49.1%
-0.9%
$1.0B
—
$966M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$4.3B
$209M
42.7%
1.8%
$305M
$12.0B
$1.5B
Dec '25
$4.7B
$10M
44.5%
5.4%
$392M
$12.3B
$1.8B
Sep '25
$3.8B
-$789M
42.9%
-22.0%
$196M
$12.1B
$1.7B
Jun '25
$4.2B
$37M
46.8%
9.3%
$322M
$10.0B
$1.7B
Mar '25
$3.7B
$335M
46.6%
6.1%
$169M
$6.8B
$1.5B
Dec '24
$3.8B
$156M
48.2%
7.4%
$595M
$6.7B
$1.5B
Sep '24
$3.2B
-$114M
46.1%
3.0%
$253M
$6.9B
$1.5B
Jun '24
$3.6B
$297M
49.2%
10.2%
$295M
$6.8B
$1.5B
Mar '24
$3.4B
-$177M
47.2%
3.7%
$315M
$6.8B
$1.4B
Dec '23
$3.3B
-$902M
46.2%
-18.7%
$302M
$7.1B
$1.5B
Sep '23
$2.6B
-$262M
45.8%
-5.4%
$533M
—
$918M
Jun '23
$3.0B
$64M
50.3%
7.4%
$10M
—
$1.0B
Mar '23
$2.9B
-$111M
47.2%
-0.5%
-$67M
—
$821M
Valuation over time
How the market has priced FLUT against its own fundamentals since 2024-01 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 282.0× (Dec '24) to 227.9× (Nov '25).
The price-to-sales ratio has fallen from 3.1× (Jan '24) to 1.0× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is FLUT growing its revenue and profit?
Over the past 3 years, Flutter Entertainment Plc's revenue has grown 20.1% per year. These are computed facts, not advice.
How much debt does FLUT have?
As of FY2025, Flutter Entertainment Plc reported $12.3B of total debt against $1.8B of cash.
What is FLUT's profit margin?
In FY2025, gross margin was 45.2%, operating margin 0.2%, and net margin -2.5%.
What is FLUT's P/E ratio?
As of Jun '26, Flutter Entertainment Plc traded at a price-to-earnings ratio of about 227.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.