Flutter Entertainment plc (FLUT) Stock

Flutter Entertainment plc (FLUT) is a Technology stock trading at $106.47 (as of 2026-07-20), with a market capitalization of $18.52B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Flutter Entertainment plc is a sports betting and gaming operator with businesses in the UK & Ireland, Australia, the United States, and internationally. It runs sportsbooks and exchange betting, daily fantasy and pari-mutuel wagering, fixed-odds games, online games and casinos, lottery, and peer-to-peer offerings, serving both individual customers and business partners.

Understand Flutter Entertainment plc: how it makes money

Flutter Entertainment runs online sports betting and gaming, plus daily fantasy and pari mutuel offerings, with brands and a technology platform, earning money primarily from gaming revenue across its regions.

Flutter's revenue and profitability are structurally sensitive to customer-friendly sports outcomes, reflected in customer-friendly sports results impact on revenue (0.55B).

Revenue by segment (latest quarter)
International$2.5B
US$1.8B

Business quality (Mixed): Strong split between International (2.54B) and US (1.76B), with operating margin reported as 1.8% for the latest period. The provided operating metrics emphasize active players and US sportsbook market share, but many details tied to the four official segments and Australia and UK Ireland revenues are not included here.

Bull case

  • Large, recurring customer base: Average Monthly Active Players is 14,378,000.
  • Strong US sportsbook position by share metrics: Sportsbook Net Gaming Revenue market share (United States) is 47%, and Sportsbook Gross Gaming Revenue market share (United States) is 39%.
  • Platform migration and customer movement: Sky Betting and Gaming customers migrated is 9,000,000, and SNAI migration completed accounts is 2,000,000.

Bear case

  • Revenue can be pressured by customer-friendly outcomes: Customer-friendly sports results impact on revenue is 0.55B, showing a direct swing factor.
  • Thin profitability in the latest period: Operating margin is 1.8% for the period ended 2026-03-31, leaving less cushion for adverse movements.
Valuation — source: SEC EDGAR (first-party)
Price$106.47
Market Cap$18.52B
EV / EBITDA12.5
Price / Book1.99
Price / Sales1.16
FCF Yield8.9%
DCF Value (model)$160.14
DCF Upside vs Price50.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$16.38B
Net Margin-2.5%
Revenue Growth (YoY)16.6%
EPS Growth (YoY)-829.2%
FCF Growth (YoY)-26.0%
Financial Health — source: SEC EDGAR
Altman Z-Score1.50 (distress)
Piotroski F-Score4/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Technology)34.9
Industry P/E (Business Services)30.7
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($3.44B)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryBusiness Services
CEOJeremy Peter Jackson
Employees27,345
CountryIE
IPO Date2002-10-04

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FLUT earnings history · FLUT institutional & insider holders · FLUT KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.