Flutter Entertainment plc

Flutter Entertainment plc

FLUT · NYSE · Consumer Cyclical / Gambling

81.13USD-0.84 (-1.02%)

Price History

Full chart

Market Stats

Previous Close81.97
Open82.70
Day Range80.58 – 83.74
52-Week Range78.90 – 284.87
Volume1.67M
Market Cap14.44B
P/E (TTM)0.00
Forward P/E13.11
EPS-4.26
Dividend Yield0.00%
Beta1.07
50-Day Avg99.01
200-Day Avg124.75

About

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.

Company Details

  • SectorConsumer Cyclical
  • IndustryGambling
  • CEOMr. Jeremy Peter Jackson
  • Employees28.52K
  • HeadquartersOne Madison Avenue, New York, NY, United States, 10010, USA
  • Websitehttps://www.flutter.com

Leadership

  • Mr. Jeremy Peter JacksonGroup CEO & Executive Director · b. 1975
  • Mr. Robert ColdrakeChief Financial Officer · b. 1979
  • Mr. Don H. Liu J.D.Chief Legal Officer · b. 1962
  • Mr. Daniel Mark TaylorPresident & CEO of Flutter International · b. 1980
  • Mr. Phil BishopChief Operating Officer · b. 1968
  • Paul TymmsGroup Director of Investor Relations
  • Ms. Kate A. DelahuntyChief Communications Officer
  • Mr. Charles KellyHead of Retail Operations In Ireland
  • Fiona GildeaHead of Governance & Deputy Company Secretary
  • Mr. Edward TraynorGroup General Counsel & Company Secretary · b. 1978

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.73B6.04B8.31B9.46B11.79B14.05B16.38B
Growth (%)-+121.10%+37.64%+13.90%+24.59%+19.15%+16.62%
Cost of Revenue1.16B2.10B3.88B4.81B6.20B7.35B8.98B
Gross Profit1.57B3.93B4.43B4.65B5.59B6.70B7.40B
Gross Margin57.57%65.13%53.29%49.14%47.40%47.71%45.19%
Operating Expense1.36B3.79B4.88B4.74B6.14B5.83B6.85B
Operating Income215.86M141.54M-449.00M-88.00M-549.00M869.00M553.00M
Operating Margin7.91%2.34%-5.40%-0.93%-4.66%6.19%3.38%
EBITDA518.72M1.18B669.00M999.00M624.00M1.60B1.98B
EBITDA Margin19.00%19.48%8.05%10.56%5.29%11.41%12.11%
Net Income183.71M51.83M-923.00M-432.00M-1.22B109.00M-380.00M
Net Income Margin6.73%0.86%-11.11%-4.57%-10.36%0.78%-2.32%
R&D67.74M260.38M634.00M552.00M765.00M820.00M991.00M
R&D as % of Total Revenue2.48%4.31%7.63%5.83%6.49%5.84%6.05%
Interest Expense19.93M191.75M222.00M219.00M430.00M498.00M595.00M
Interest Expense % of Total Revenue0.73%3.18%2.67%2.31%3.65%3.54%3.63%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets7.16B23.23B22.72B24.64B24.64B24.51B29.28B
Total Liabilities1.61B8.20B8.79B12.20B13.27B13.24B19.58B
Total Equity5.28B14.99B13.88B12.28B10.04B9.29B9.04B
Cash393.72M1.63B2.21B2.52B3.27B3.46B3.83B
Total Debt716.29M4.52B5.20B7.20B7.53B7.40B13.35B
Net Debt322.58M2.89B2.99B4.68B4.26B3.94B9.52B

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow549.90M1.36B553.00M1.16B937.00M1.60B1.18B
Investing Cash Flow-307.08M320.13M-254.00M-2.52B-602.00M-811.00M-5.09B
Financing Cash Flow-269.97M-1.03B361.00M1.78B-113.00M-469.00M4.04B
Capital Expenditure171.50M289.06M359.00M429.00M602.00M661.00M105.00M
Free Cash Flow378.40M1.07B194.00M734.00M335.00M941.00M1.08B
Dividends Paid204.80M------
FCF to OCF68.81%78.76%35.08%63.11%35.75%58.74%91.13%
Dividend Paid to FCF54.12%------

Earnings

Report DateMar 1, 2022May 4, 2022Aug 12, 2022Nov 9, 2022Mar 2, 2023May 3, 2023Aug 9, 2023Nov 17, 2023Mar 26, 2024May 14, 2024Aug 13, 2024Nov 12, 2024Mar 4, 2025May 7, 2025Aug 7, 2025Nov 12, 2025Feb 26, 2026May 6, 2026Aug 5, 2026Nov 11, 2026
EPS Estimate1.310.001.220.001.290.001.930.002.121.081.420.231.731.892.300.501.531.090.23-0.06
EPS Actual0.000.000.000.000.000.000.000.00-4.950.102.610.432.941.592.631.641.441.220.16-
Surprise-100.00%--100.00%--100.00%--100.00%--333.49%-90.74%83.80%86.96%69.94%-15.87%14.35%228.00%-5.88%11.93%-30.43%-
Timing--------Pre-marketPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursPre-market-

Key Statistics & Ratios

Market Cap14.44B
Enterprise Value23.91B
Trailing P/E0.00
Forward P/E13.11
PEG Ratio0.19
Price / Sales0.84
Price / Book1.76
EPS-4.26
Book Value50.44
Revenue (TTM)17.16B
Gross Profit (TTM)7.29B
EBITDA1.59B
Profit Margin-4.39%
Operating Margin-3.33%
Return on Equity-7.87%
Return on Assets-0.18%
Shares Outstanding173.54M
Shares Float125.46M
Beta1.07
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 24 analystsTarget 136.12
  • Strong Buy
    15
  • Buy
    7
  • Hold
    2

Ownership Breakdown

Institutions
85.20%
Insiders
18.95%
Retail / Other
0.00%

Top Institutional Holders

  • Parvus Asset Management Jersey Ltd
    15.19M8.75%
  • BlackRock Inc
    9.41M5.42%
  • Caledonia (Private) Investments Pty Ltd
    8.53M4.92%
  • Capital World Investors
    8.46M4.88%
  • CIBC Bancorp USA Inc.
    7.46M4.30%
  • Vanguard Portfolio Management, LLC
    6.75M3.89%
  • Vanguard Capital Management, LLC
    6.70M3.86%
  • HSBC Holdings PLC
    5.61M3.23%
  • Capital Research Global Investors
    3.90M2.24%
  • Morgan Stanley - Brokerage Accounts
    3.56M2.05%
  • Geode Capital Management, LLC
    3.31M1.91%
  • Massachusetts Financial Services Company
    3.26M1.88%
  • State Street Corp
    3.21M1.85%
  • NORGES BANK
    3.12M1.80%
  • CIBC World Markets Inc.
    3.10M1.79%
  • Bank of America Corp
    2.12M1.22%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    4.43M2.55%
  • American Funds Growth Fd of Amer A
    4.37M2.52%
  • American Funds EUPAC A
    3.30M1.90%
  • American Funds AMCAP A
    2.13M1.23%

Dividends

20201×
1.33Apr 9, 2020
20192×
0.83Sep 5, 20191.75Apr 11, 2019
20182×
0.66Aug 23, 20181.33Apr 12, 2018
20172×
0.82Aug 24, 20171.39Apr 6, 2017
20162×
0.46Sep 8, 20161.96Feb 2, 2016
20152×
0.59Sep 3, 20151.00Mar 12, 2015
20142×
0.49Sep 3, 20140.89Mar 12, 2014
20111×
0.49Mar 16, 2011
20102×
0.20Sep 1, 20100.35Mar 10, 2010
20092×
0.19Sep 2, 20090.32Mar 11, 2009

Stock Splits

  • May 27, 2020203351:200000
  • Apr 9, 2020203351:200000
  • Dec 10, 20159:10