Flutter Entertainment (FLUT) Invested Capital (2015 - 2026)
Flutter Entertainment (FLUT) posted Invested Capital of $20.96 billion for Q2 2026, up 2.9% from $20.36 billion a year earlier but down 1.4% from the prior quarter.
Flutter Entertainment (FLUT) Invested Capital (2015 - 2026) Analysis & Trends
For FY2025, Flutter Entertainment's Invested Capital came in at $21.54 billion, up 33.0% from FY2024.
- In prior years, Flutter Entertainment's Invested Capital was $16.2 billion in FY2024 (-6.2%) and $17.27 billion in FY2023.
- Quarterly Invested Capital has run from a low of $16.2 billion in Q4 2024 to a high of $21.54 billion in Q4 2025 over five years.
- On a year-over-year basis, Invested Capital has increased in each of the last six quarters, with growth averaging 14.7% over the last seven quarters.
- According to Business Quant data, Invested Capital for the three prior quarters was $21.26 billion (Q1 2026), $21.54 billion (Q4 2025) and $21.53 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.05 Bn | 11.15 Bn | 1.48 Bn | 16.16 Bn |
| 2 | Flutter Entertainment | 13.32 Bn | 6.69 Bn | 1.71 Bn | 20.96 Bn |
| 3 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | -4.80 Mn |
| 4 | DraftKings | 9.57 Bn | 5.23 Bn | 551.45 Mn | 1.14 Bn |
| 5 | Life Time Group Holdings | 9.03 Bn | 8.26 Bn | 412.26 Mn | 4.80 Bn |
| 6 | Wynn Resorts | 7.89 Bn | 2.18 Bn | 758.95 Mn | 9.82 Bn |
| 7 | MGM Resorts International | 7.50 Bn | -1.53 Bn | 1.98 Bn | 9.44 Bn |
| 8 | Light & Wonder | 7.12 Bn | 6.43 Bn | 618.00 Mn | 5.43 Bn |
| 9 | Caesars Entertainment | 5.97 Bn | 2.41 Bn | 1.50 Bn | 15.25 Bn |
| 10 | Churchill Downs | 5.75 Bn | 4.98 Bn | 419.00 Mn | 6.11 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.96 Bn |
| Mar 31, 2026 | 21.26 Bn |
| Dec 31, 2025 | 21.54 Bn |
| Sep 30, 2025 | 21.53 Bn |
| Jun 30, 2025 | 20.36 Bn |
| Mar 31, 2025 | 16.86 Bn |
| Dec 31, 2024 | 16.20 Bn |
| Sep 30, 2024 | 17.32 Bn |
| Jun 30, 2024 | 16.84 Bn |
| Mar 31, 2024 | 16.51 Bn |
| Dec 31, 2023 | 17.27 Bn |
| Dec 31, 2019 | 9.45 Bn |
| Dec 31, 2018 | 9.60 Bn |
| Dec 31, 2017 | 4.66 Bn |
| Dec 31, 2016 | 4.63 Bn |
| Dec 31, 2015 | 4.49 Bn |
Flutter Entertainment Invested Capital 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=invested-capital&ticker=FLUT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=FLUT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();