Flutter Entertainment (FLUT) EV to EBITDA (2023 - 2026)
Flutter Entertainment's EV to EBITDA came in at 16.09 for Q2 2026, down 31.1% from 23.34 a year earlier but up 48.1% from the prior quarter.
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Analysis
Flutter Entertainment (FLUT) EV to EBITDA (2023 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Flutter Entertainment reported EV to EBITDA of 11.16, down 47.5% year-over-year; for FY2025, it was 23.37, down 0.4% from FY2024.
- Going back by year, EV to EBITDA was 23.47 in FY2024 (-44.9%), 42.58 in FY2023 (+84.6%) and 23.06 in FY2022.
- The five-year range for quarterly EV to EBITDA is 10.87 (Q1 2026) to 42.58 (Q4 2023).
- Year-over-year, EV to EBITDA has declined for seven consecutive quarters, with an average decline of 30.8% over the last seven quarters.
- Business Quant data shows FLUT's EV to EBITDA at 10.87 (Q1 2026), 23.37 (Q4 2025) and 30.72 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.75 Bn | 12.34 Bn | 1.47 Bn |
| 2 | Flutter Entertainment | 14.42 Bn | 7.81 Bn | 1.52 Bn |
| 3 | Life Time Group Holdings | 10.41 Bn | 9.58 Bn | 419.01 Mn |
| 4 | DraftKings | 9.28 Bn | 4.95 Bn | 551.45 Mn |
| 5 | Wynn Resorts | 8.83 Bn | 2.96 Bn | 655.12 Mn |
| 6 | MGM Resorts International | 8.29 Bn | -1.01 Bn | 1.73 Bn |
| 7 | Madison Square Garden Sports | 7.83 Bn | 7.42 Bn | 119.21 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn |
| 9 | Churchill Downs | 6.92 Bn | 6.15 Bn | 207.00 Mn |
| 10 | Caesars Entertainment | 5.97 Bn | 2.39 Bn | 1.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.49 |
| Jun 30, 2026 | 16.09 |
| Mar 31, 2026 | 10.87 |
| Dec 31, 2025 | 23.37 |
| Sep 30, 2025 | 30.72 |
| Jun 30, 2025 | 23.34 |
| Mar 31, 2025 | 19.08 |
| Dec 31, 2024 | 23.47 |
| Sep 30, 2024 | 36.33 |
| Jun 30, 2024 | 32.64 |
| Mar 31, 2024 | 40.20 |
| Dec 31, 2023 | 42.58 |
API Access
Flutter Entertainment EV to EBITDA 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=ev-to-ebitda&ticker=FLUT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=FLUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();