Flutter Entertainment (FLUT) EBITDA Margin (2023 - 2026)
Flutter Entertainment (FLUT) reported EBITDA Margin of 1.95% for Q1 2026, down 1663.0% on a YoY basis from 0.12% in Q1 2025, and up 274.44% quarter-over-quarter from 1.12% in Q4 2025.
Flutter Entertainment (FLUT) EBITDA Margin (2023 - 2026) Analysis & Trends
Flutter Entertainment has reported EBITDA Margin for 4 years, with the latest figure at 1.95% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 1663.0% year-over-year to 1.95%; the trailing twelve-month figure through Mar 2026 stood at 0.7% (down 599.0% YoY), and the FY2025 full-year result was 2.91%, up 505.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 1.95%, up from 1.12% in the prior quarter.
- The five-year high for EBITDA Margin was 18.68% in Q2 2025, with the low at 24.67% in Q3 2023.
- Historically, EBITDA Margin has averaged 1.91% across 4 years, with a median of 0.51% in 2023.
- Annual changes were most pronounced in 2024 — EBITDA Margin soared 3935 bps — and 2025, when it slumped 3928 bps.
- Flutter Entertainment's EBITDA Margin stood at 14.01% in 2023, then tumbled by 30 bps to 18.25% in 2024, then soared by 94 bps to 1.12% in 2025, then soared by 274 bps to 1.95% in 2026.
- The last three EBITDA Margin figures came in at 1.95% (Q1 2026), 1.12% (Q4 2025), and 24.59% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.90 Bn | 16.81 Bn | 1.84 Bn | 1.95% |
| 2 | DraftKings | 13.03 Bn | 12.02 Bn | 696.69 Mn | 0.36% |
| 3 | Churchill Downs | 6.18 Bn | 6.02 Bn | 475.00 Mn | 21.57% |
| 4 | Rush Street Interactive | 2.98 Bn | 2.81 Bn | 132.17 Mn | 11.66% |
| 5 | Brightstar Lottery | 2.10 Bn | 1.86 Bn | 553.00 Mn | 83.99% |
| 6 | Accel Entertainment | 1.07 Bn | 801.63 Mn | 109.94 Mn | 4.16% |
| 7 | Codere Online Luxembourg | 539.90 Mn | 470.47 Mn | - | - |
| 8 | Bragg Gaming | 273.64 Mn | 265.89 Mn | 18.22 Mn | -4.57% |
| 9 | Inspired Entertainment | 234.31 Mn | 190.81 Mn | 54.60 Mn | 8.92% |
| 10 | High Roller Technologies | 50.40 Mn | 47.74 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.95% |
| Dec 31, 2025 | -1.12% |
| Sep 30, 2025 | -24.59% |
| Jun 30, 2025 | 18.68% |
| Mar 31, 2025 | 18.58% |
| Dec 31, 2024 | -18.25% |
| Sep 30, 2024 | 14.69% |
| Jun 30, 2024 | 8.03% |
| Mar 31, 2024 | -11.04% |
| Dec 31, 2023 | -14.01% |
| Sep 30, 2023 | -24.67% |
| Jun 30, 2023 | 7.40% |
| Mar 31, 2023 | -0.51% |