# Flutter Entertainment plc (FLUT) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Consumer Cyclical / Hospitality & Leisure. Price $83.74, market value $14.5 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Flutter Entertainment plc reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.8×**. Each dollar of revenue is priced at 0.8×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.7×**. The shares trade at 1.7× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 24.3×**. Enterprise value is 24.3× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 8.5%** (5-yr avg 3.0%). Free cash flow equals 8.5% of the market value, above its five-year average of 3.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 42.5%**. Flutter Entertainment plc keeps 42.5% of revenue after the direct cost of what it sells.
- **Operating margin: -3.7%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -2.5%**. The company reported a net loss over the last twelve months.
- **Return on equity: -4.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -2.6%**. Return on all capital, debt included, is -2.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -3.0%**. Each dollar of assets produces -3.0% of profit.

## Growth
- **Revenue growth (1 yr): 16.6%** (3-yr 20.1%/yr, 5-yr 51.8%/yr). Revenue grew 16.6% over the last year, against 51.8% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -829.2%**. Earnings per share fell 829.2%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 1.2%/yr**. Free cash flow has compounded at 1.2% a year over three years.

## Financial health
- **Debt to equity: 1.36**. Debt is 1.36 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: 10.2×**. It would take 10.2 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 0.95** (quick 0.95). Current liabilities exceed current assets, so the company depends on ongoing cash generation or refinancing to pay the next year's bills.
- **Altman Z-score: 1.43**. A Z-score of 1.43 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Flutter Entertainment plc does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (32 analysts). 32 analysts cover Flutter Entertainment plc; the consensus is buy, with an average price target of $131.03 (+56% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -62.3%** (YTD -59.2%, 3-mo -17.3%). The shares are down 62.3% over twelve months including dividends.
- **From 52-week high: -64.5%** (15.4% above the low). Trading 64% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 62**. An RSI of 62 is neutral.
- **Beta (1 yr): 0.67** (volatility 50%). Beta of 0.67 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FLUT · Page: https://foliofundamentals.com/stocks/flut

Not investment advice.