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.
Powered by 
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 25.55 Bn | 12.37 Bn | 1.47 Bn | 15.10 Bn |
| 2 | DraftKings | 20.54 Bn | 16.21 Bn | 551.45 Mn | 1.14 Bn |
| 3 | Flutter Entertainment | 14.19 Bn | 7.93 Bn | 1.71 Bn | 20.96 Bn |
| 4 | Life Time Group Holdings | 10.64 Bn | 9.81 Bn | 419.01 Mn | 4.94 Bn |
| 5 | Wynn Resorts | 8.52 Bn | 2.07 Bn | 758.95 Mn | 9.82 Bn |
| 6 | MGM Resorts International | 8.26 Bn | -177.27 Mn | 1.73 Bn | 9.04 Bn |
| 7 | Madison Square Garden Sports | 7.58 Bn | 7.18 Bn | 119.21 Mn | -4.80 Mn |
| 8 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 5.40 Bn |
| 9 | Churchill Downs | 6.72 Bn | 5.98 Bn | 207.00 Mn | 6.10 Bn |
| 10 | Caesars Entertainment | 5.98 Bn | 2.57 Bn | 1.44 Bn | 15.00 Bn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();