Flutter Entertainment (FLUT) EV to FCF (2023 - 2026)
Flutter Entertainment's EV to FCF was 13.32 in Q2 2026, down 64.9% from 37.99 a year earlier and down 2.7% from the prior quarter.
Flutter Entertainment (FLUT) EV to FCF (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Flutter Entertainment's EV to FCF was 9.24 through Jun 30, 2026, down 73.3% year-over-year; for FY2025, it was 33.64, up 6.3% from FY2024.
- In earlier years, EV to FCF was 31.65 in FY2024 (-21.4%), 40.28 in FY2023 (+84.2%) and 21.87 in FY2022.
- The Q2 2026 figure marks the lowest quarterly EV to FCF in data going back to Q4 2023.
- Compared with a year earlier, EV to FCF was higher in two of the last seven quarters, with an average decline of 10.4%.
- Per Business Quant data, FLUT's EV to FCF in the three quarters before Q2 2026 was 13.70 (Q1 2026), 33.64 (Q4 2025) and 33.76 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - |
| 10 | Churchill Downs | 5.27 Bn | 4.55 Bn | 419.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.32 |
| Mar 31, 2026 | 13.70 |
| Dec 31, 2025 | 33.64 |
| Sep 30, 2025 | 33.76 |
| Jun 30, 2025 | 37.99 |
| Mar 31, 2025 | 29.99 |
| Dec 31, 2024 | 31.65 |
| Sep 30, 2024 | 36.36 |
| Jun 30, 2024 | 22.36 |
| Mar 31, 2024 | 30.33 |
| Dec 31, 2023 | 40.28 |
Flutter Entertainment EV to FCF 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-fcf&ticker=FLUT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=FLUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();