FLUT
Flutter Entertainment plc
FLUT lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
FLUT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Stable | |
| Weak |
FLUT's revenue and cash flow are currently stable, but its profitability and balance sheet are under pressure.
FLUT PE Valuation
FLUT has no meaningful PE right now: it lost money over the past year.
FLUT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for FLUT, with profitability improving. However, they disagree widely on these estimates.
FLUT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.80 | — |
| Q3 2026 | -$5.24 | -$3.96 |
| Q2 2026 | -$4.25 | -307% |
| Q1 2026 | -$2.09 | -172% |
| Q4 2025 | -$1.75 | -829% |
FLUT lost $5.24 per share over the past year, and its loss has widened in each of the last six quarters.
FLUT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.9B | +2.1% |
| Q2 2026 | $4.3B | +3.3% |
| Q1 2026 | $4.3B | +17% |
| Q4 2025 | $4.7B | +25% |
| Q3 2025 | $3.8B | +17% |
| Q2 2025 | $4.2B | +16% |
| Q1 2025 | $3.7B | +7.9% |
FLUT's revenue has grown year over year every quarter since early 2025: $3.9B last quarter, up 2.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -31% | -8.8 points |
| Q2 2026 | -3.3% | -13 points |
| Q1 2026 | 1.8% | -4.2 points |
| Q4 2025 | 5.5% | -1.9 points |
| Q3 2025 | -22% | -25 points |
| Q2 2025 | 9.3% | -0.9 points |
| Q1 2025 | 6.1% | +2.4 points |
| Q4 2024 | 7.4% | N/A |
FLUT's operating margin was −31% last quarter, down 8.8 points from the same quarter a year ago, near the bottom of its range since 2024.
FLUT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $191M | -2.6% |
| Q2 2026 | $349M | +8.4% |
| Q1 2026 | $305M | +80% |
| Q4 2025 | $392M | -34% |
| Q3 2025 | $196M | -23% |
| Q2 2025 | $322M | +9.2% |
| Q1 2025 | $169M | -46% |
FLUT's free cash flow has been positive every quarter since early 2024: $1.2B over the past year, down 3.5% from the year before.
FLUT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +1M shares |
| 1 year | 0% | -- |
FLUT has 176M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $129M |
| Q1 2026 | $135M |
| Q4 2025 | $279M |
| Q3 2025 | $261M |
| Q2 2025 | $339M |
| Q1 2025 | $244M |
| Q4 2024 | $219M |
FLUT spent $543M buying back its own shares over the past year, down 49% from the year before.
FLUT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 16.1x | High |
| Q2 2026 | 10.1x | High |
| Q1 2026 | 6.8x | High |
| Q4 2025 | 6.7x | High |
| Q3 2025 | 7.4x | High |
| Q2 2025 | 3.8x | Elevated |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 2.7x | Moderate |
FLUT's net debt is about 16 years of its operating earnings (EBITDA), up from 7.4 years a year ago.
FLUT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.2 | Neutral |
| Stochastic | 27.1 | Neutral |
FLUT's weekly RSI is 36 (neutral) and its Stochastic is 27 (neutral).
FLUT PE vs Consumer Cyclical Sector
| Metric | FLUT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
FLUT has no meaningful PE right now: it lost money over the past year.
FLUT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.0 | 2.5% above |
| 20 week MA | $93.0 | 12% below |
| 50 week MA | $119.4 | 31% below |
| 100 week MA | $189.2 | 57% below |
| 200 week MA | $191.9 | 57% below |
FLUT has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 57% below its 200-week average.
FLUT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $115.0 | $202.5 | +76% |
| 2021 | $202.5 | $152.5 | -25% |
| 2022 | $152.5 | $139.5 | -8.5% |
| 2023 | $139.5 | $179.0 | +28% |
| 2024 | $179.0 | $261.8 | +46% |
| 2025 | $261.8 | $220.7 | -16% |
| 2026 YTD | $220.7 | $82.0 | -63% |
FLUT has finished lower in three of the last six years. It's down 63% so far in 2026.