Flutter Entertainment (FLUT) EBT Margin (2023 - 2026)
Flutter Entertainment (FLUT) posted EBT Margin of -6.91% for Q2 2026, down 11.81 percentage points from 4.90% a year earlier and down 12.35 percentage points from the prior quarter.
Flutter Entertainment (FLUT) EBT Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Flutter Entertainment was -4.34%, down 6.94 percentage points year-over-year; for FY2025, it came in at -0.74%, down 0.85 percentage points from FY2024.
- Annual EBT Margin shows a three-year change of +2.38 percentage points (FY2022 to FY2025).
- In prior years, Flutter Entertainment's EBT Margin was 0.11% in FY2024 (+9.37 pp), -9.25% in FY2023 (-6.14 pp) and -3.12% in FY2022.
- Quarterly EBT Margin has run from a low of -24.63% in Q4 2023 to a high of 9.69% in Q2 2024 over five years.
- On a year-over-year basis, EBT Margin increased in four of the last eight quarters, with an average year-over-year change of +1.27 percentage points.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q4 2024, with a gain of 23.52 percentage points; the weakest was Q3 2025, with a drop of 17.98 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 5.44% (Q1 2026), 3.25% (Q4 2025) and -21.98% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.14 Bn | 11.55 Bn | 1.48 Bn | 14.62% |
| 2 | DraftKings | 18.81 Bn | 14.47 Bn | 551.45 Mn | -4.98% |
| 3 | Flutter Entertainment | 13.30 Bn | 7.05 Bn | 1.71 Bn | -6.91% |
| 4 | Madison Square Garden Sports | 10.02 Bn | 9.62 Bn | 119.21 Mn | 12.08% |
| 5 | Life Time Group Holdings | 8.83 Bn | 8.07 Bn | 412.26 Mn | 15.54% |
| 6 | Wynn Resorts | 8.33 Bn | 1.88 Bn | 758.95 Mn | 10.70% |
| 7 | MGM Resorts International | 8.01 Bn | -169.85 Mn | 1.98 Bn | 9.29% |
| 8 | Caesars Entertainment | 6.03 Bn | 2.65 Bn | 1.50 Bn | -1.77% |
| 9 | Super Group (SGHC) | 5.93 Bn | 3.92 Bn | - | 24.56% |
| 10 | Red Rock Resorts | 5.30 Bn | 4.88 Bn | 315.50 Mn | 17.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.91% |
| Mar 31, 2026 | 5.44% |
| Dec 31, 2025 | 3.25% |
| Sep 30, 2025 | -21.98% |
| Jun 30, 2025 | 4.90% |
| Mar 31, 2025 | 9.66% |
| Dec 31, 2024 | -1.11% |
| Sep 30, 2024 | -4.00% |
| Jun 30, 2024 | 9.69% |
| Mar 31, 2024 | -4.77% |
| Dec 31, 2023 | -24.63% |
| Sep 30, 2023 | -10.67% |
| Jun 30, 2023 | 5.00% |
| Mar 31, 2023 | -5.21% |
Flutter Entertainment EBT 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=ebt-margin&ticker=FLUT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=FLUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();