Flutter Entertainment (FLUT) EBITDA Margin (2023 - 2026)
Flutter Entertainment's EBITDA Margin came in at 5.89% for Q2 2026, down 12.21 percentage points from 18.10% a year earlier and down 5.61 percentage points from the prior quarter.
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Analysis
Flutter Entertainment (FLUT) EBITDA Margin (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Flutter Entertainment reported EBITDA Margin of 5.99%, down 8.64 percentage points year-over-year; for FY2025, it came in at 9.48%, down 4.52 percentage points from FY2024.
- EBITDA Margin carries a three-year change of -0.95 percentage points (FY2022 to FY2025).
- Going back by year, EBITDA Margin was 13.99% in FY2024 (+7.75 pp), 6.24% in FY2023 (-4.19 pp) and 10.43% in FY2022.
- The five-year range for quarterly EBITDA Margin is -10.94% (Q3 2025) to 18.10% (Q2 2025).
- Year-over-year, EBITDA Margin increased in five of the last eight quarters, with an average year-over-year change of -1.06 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2024 (a gain of 22.05 percentage points), and the weakest in Q3 2025 (a drop of 21.87 percentage points).
- Business Quant data shows FLUT's EBITDA Margin at 11.50% (Q1 2026), 14.63% (Q4 2025) and -10.94% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.82 Bn | 11.24 Bn | 1.48 Bn | 31.36% |
| 2 | DraftKings | 17.42 Bn | 13.08 Bn | 551.45 Mn | 0.84% |
| 3 | Flutter Entertainment | 12.92 Bn | 6.67 Bn | 1.71 Bn | 5.89% |
| 4 | Madison Square Garden Sports | 9.97 Bn | 9.56 Bn | 119.21 Mn | 11.82% |
| 5 | Life Time Group Holdings | 8.95 Bn | 8.18 Bn | 412.26 Mn | 26.91% |
| 6 | Wynn Resorts | 8.09 Bn | 1.64 Bn | 758.95 Mn | 24.93% |
| 7 | MGM Resorts International | 7.93 Bn | -255.39 Mn | 1.98 Bn | 17.66% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.66 Bn | 1.50 Bn | 29.00% |
| 9 | Super Group (SGHC) | 5.86 Bn | 3.85 Bn | - | 19.44% |
| 10 | Churchill Downs | 5.31 Bn | 4.58 Bn | 419.00 Mn | 42.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.89% |
| Mar 31, 2026 | 11.50% |
| Dec 31, 2025 | 14.63% |
| Sep 30, 2025 | -10.94% |
| Jun 30, 2025 | 18.10% |
| Mar 31, 2025 | 14.11% |
| Dec 31, 2024 | 14.48% |
| Sep 30, 2024 | 10.93% |
| Jun 30, 2024 | 17.75% |
| Mar 31, 2024 | 12.39% |
| Dec 31, 2023 | -7.58% |
| Sep 30, 2023 | 7.00% |
| Jun 30, 2023 | 17.53% |
| Mar 31, 2023 | 9.66% |
API Access
Flutter Entertainment EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=FLUT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "FLUT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=FLUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();