Flutter Entertainment (FLUT) EV to EBITDA (2023 - 2026)
Flutter Entertainment's (FLUT) quarterly EV to EBITDA came in at 114.89 in Q2 2026, down 187.86% on a YoY basis from 130.76 in Q2 2025, and down 154.54% quarter-over-quarter from 210.65 in Q1 2026.
Analysis
Flutter Entertainment (FLUT) EV to EBITDA (2023 - 2026) Analysis & Trends
Flutter Entertainment (FLUT) has reported EV to EBITDA for 4 consecutive years, with 114.89 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA fell 187.86% year-over-year to 114.89; the trailing twelve-month figure through Jun 2026 stood at 25.81 (down 150.13% YoY), and the FY2025 full-year result was 1008.14, up 1798.55% from the prior year.
- EV to EBITDA fell to 114.89 in Q2 2026 per FLUT's latest filing, from 210.65 in the prior quarter.
- Across five years, EV to EBITDA topped out at 436.75 in Q3 2024 and bottomed at 2142.42 in Q1 2023.
- Historically, EV to EBITDA has averaged 55.27 across 4 years, with a median of 135.72 in 2025.
- The sharpest annual moves came in 2024 and 2026: EV to EBITDA jumped 426.67% in 2024, then sank 187.86% in 2026.
- Over 4 years, EV to EBITDA stood at 50.63 in 2023, then jumped by 426.67% to 165.39 in 2024, then slipped by 14.95% to 140.67 in 2025, then tumbled by 181.67% to 114.89 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 114.89, 210.65, and 140.67 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Flutter Entertainment | 17.32 Bn | 15.76 Bn | 1.71 Bn |
| 2 | DraftKings | 11.73 Bn | 10.74 Bn | 551.45 Mn |
| 3 | Super Group (SGHC) | 7.05 Bn | 6.50 Bn | - |
| 4 | Rush Street Interactive | 2.98 Bn | 2.64 Bn | 139.66 Mn |
| 5 | Codere Online Luxembourg | 418.56 Mn | 349.13 Mn | - |
| 6 | Meridian Holdings | 168.45 Mn | 151.13 Mn | 26.85 Mn |
| 7 | High Roller Technologies | 54.19 Mn | 51.53 Mn | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -114.89 |
| Mar 31, 2026 | 210.65 |
| Dec 31, 2025 | 140.67 |
| Sep 30, 2025 | -51.89 |
| Jun 30, 2025 | 130.76 |
| Mar 31, 2025 | 176.44 |
| Dec 31, 2024 | 165.39 |
| Sep 30, 2024 | 436.75 |
| Jun 30, 2024 | 87.58 |
| Mar 31, 2024 | 283.69 |
| Dec 31, 2023 | -50.63 |
| Sep 30, 2023 | -200.64 |
| Jun 30, 2023 | 154.77 |
| Mar 31, 2023 | -2,142.42 |