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
DateValue
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%