Company Analysis

Flutter Entertainment plc (FLUT)

NYSE: FLUT · Services-Computer Programming, Data Processing, Etc. · New York, NY · filing with the SEC since 2015
Grade5.2
◀ Past 6.5● Present 4.8▶ Future 4.7
1 est.

The grade of Flutter Entertainment plc

Nine metrics read from its own filings, by tense
Headline grade
5.2/10
◀ Past6.525% of the headline
● Present4.835% of the headline
▶ Future4.740% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.5/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 70th percentile among 79 sector filers · read for itself

From the record

Flutter Entertainment plc's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.5/10

What has it actually done, year after year?

+20.1% a year over 4 filed years; profitable in 1 of 4.

weight 45% of this tense · 65th percentile among 70 sector filers · read for its customers

From the record

Flutter Entertainment plc's 4 filed years say what it did: revenue went from $9.5 billion in fiscal 2022 to $16 billion in fiscal 2025, up 20.1% a year; it rose in 3 of 3 years; it never fell from a peak; net income was positive in 1 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span20.1%top 42% of its family
  • the share of years revenue rosetop 21% of its family
  • the share of filed years with a profitbottom 44% of its family
  • the deepest fall from a revenue peak0.0%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.2/10

How has it treated the people who own it?

Share count steady. 42% of cash flow returned. Insiders: 26 sales, 8 purchases.

weight 33% of this tense · 62nd percentile among 41 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Flutter Entertainment plc's diluted share count held steady, and dividends and buybacks returned about 42% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 26 sales and 8 purchases of their own stock on the open market in the year to 2026-11-12, buying about $1 million (their Form 4 filings).

What it rests on

  • the share count over the yearstop 35% of its family
  • cash returned against operating cash flowtop 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.8/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
4.6/10

Is it financially healthy right now?

ROE -4%: lost 4¢ per shareholder dollar. Leverage 68%: owes 68¢ per asset dollar.

weight 45% of this tense · 46th percentile among 74 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Flutter Entertainment plc lost about 4 cents for every dollar of shareholders' money, and gross profitability: its products earned about 25 cents per dollar of everything the company owns. Leverage: it owed about 68 cents per dollar of assets, and net share issuance: its share count shrank 1.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 33% of its family
  • return on equitybottom 42% of its family
  • gross profit against assetsbottom 41% of its family
  • the share count against the year beforetop 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.3/10

How strong is its position in its industry?

top 27% of 73 in its family; net margin -2.5%.

weight 33% of this tense · 73rd percentile among 73 sector filers · read for its customers

From the record

Flutter Entertainment plc's standing among 73 graded names in its industry family: revenue of $16 billion in fiscal 2025 ranks in the top 6% by size; a net margin of -2.5% ranks in the top 50%; revenue growth of 20.1% a year over the last 3 filed years ranks in the top 25% (its annual reports).

What it rests on

  • revenue against the family$16.38Btop 6% of its family
  • net margin-2.5%top 50% of its family
  • three-year revenue growth20.1%top 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
1.2/10

What are the people in charge doing?

SI estimate 1.2/10, confidence 35 of 100 (one part).

weight 22% of this tense · 12th percentile among 47 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 12% of 47 in its family; the record of its people begins on 2025-01-02 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.9 years and cannot see past it; a floor under five years is not read as years in charge.
What the record cannot read
The record of its people begins on 2025-01-02 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.9 years and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
one part: officer and director changes on Form 8-K, against the people in charge, the one part on file, ranked among 47 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Flutter Entertainment plc's leadership is put at 1.2 of 10 with a confidence of 35 of 100, because read from one part only, officer and director changes on Form 8-K over three years, against the people in charge, which ranks in the bottom 12% of 47 in its family; the record of its people begins on 2025-01-02 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 1.9 years and cannot see past it; a floor under five years is not read as years in charge. A filing that carries the missing parts replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.7/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.0/10

How much room does it have to grow?

bottom 30% of 71 in its family for room to expand.

weight 22% of this tense · 30th percentile among 71 sector filers · read for itself

From the record

Flutter Entertainment plc's room to grow, from the newest filed statements (fiscal 2025): cash of $1.8 billion against debt of $12 billion leaves -35.6% of its assets as net cash, bottom 15% of its family; cash from operations less capital spending is 6.6% of revenue (top 47%); a gross margin of 45.2% (bottom 34%); research spending of 6% of revenue (bottom 18%) (its annual report).

What it rests on

  • cash less debt against assets-35.6%bottom 15% of its family
  • cash from operations less capital spending against revenue6.6%top 47% of its family
  • gross margin45.2%bottom 34% of its family
  • research spending against revenue6.0%bottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.6/10

What could actually drive growth from here?

top 34% of 70 in its family for growth drivers.

weight 45% of this tense · 66th percentile among 70 sector filers · read for its customers

From the record

Flutter Entertainment plc's growth drivers, from the filed years to fiscal 2025: revenue grew 20.1% a year over the last three filed years against 20.1% over all 4, speeding up (top 24% of its family); the newest year grew 16.6% (top 29%); research spending grew 21.5% a year (top 18%); capital spending grew -4.9% a year (bottom 36%) (its annual reports). Flutter Entertainment plc reported 2 lines of business in fiscal 2025: International at $9.4 billion (57%), United States at $7.0 billion (43%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 24% of its family
  • the newest year's revenue growth16.6%top 29% of its family
  • three-year growth of research spending21.5%top 18% of its family
  • three-year growth of capital spending-4.9%bottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.3/10

Did its newest year beat what its own record pointed to?

bottom 33% of 65 in its family for expectations against reality.

weight 33% of this tense · 33rd percentile among 65 sector filers · read for its shareholders

From the record

Flutter Entertainment plc's newest year against its own record: revenue of $16 billion in fiscal 2025 came in 4.3% below the $17 billion its prior three years' pace pointed to (bottom 32% of its family); net income of $407 million against a prior three-year average of $473 million (bottom 27%); a net margin of -2.5% against -4.3% before (bottom 39%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-4.3%bottom 32% of its family
  • net income against the prior three years' average+14%bottom 27% of its family
  • net margin against its prior average+1.9 pointsbottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton FLUT · research, not advice