Flutter Entertainment

Flutter Entertainment EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Flutter Entertainment (FLUT) as of Oct 24, 2026 is 25.25. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 124.65 — a change of -79.75% (lower).

EV/EBIT

25.25

YoY

-79.75%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Flutter Entertainment is 2024 25.25 . EV/EBIT (Enterprise Value to EBIT) of Flutter Entertainment was 2023 124.65 . It decreases by -79.75% lower compared to the previous year.

The Flutter Entertainment EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
102.65 USD
Jan 1, 2020
66.61 USD
Jan 1, 2021
-48.86 USD
Jan 1, 2022
-249.31 USD
Jan 1, 2023
124.65 USD
Jan 1, 2024
25.25 USD
Jan 1, 2025 (e)
16.76 USD
Jan 1, 2026 (e)
9.24 USD
The Flutter Entertainment EV/EBIT history
YEAREV/EBITYoY
est9.24-44.87%
est16.76-33.61%
25.25-79.75%
124.65-150.00%
-249.31+410.23%
-48.86-173.36%
66.61-35.11%
102.65+62.03%
63.35-2.80%
65.18-41.85%
112.09+3.43%
108.38+7.31%
101.00+396.30%
20.35-1.74%
20.71+60.92%
12.87-7.21%
13.87-15.94%
16.50+172.28%
6.06-17.33%
7.33-4.43%
7.67-21.97%
9.83—

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Flutter Entertainment Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides Flutter Entertainment's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Flutter Entertainment's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Flutter Entertainment's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Flutter Entertainment grows earnings faster than its peers.

Flutter Entertainment Stock analysis

What does Flutter Entertainment do? Flutter Entertainment PLC is a leading global gaming company that originated from the merger of two companies - Paddy Power and Betfair. The company is headquartered in Dublin, Ireland. It was founded in 1988 as a bookmaker and has become one of the largest players in the iGaming (online gambling) market in recent years. Flutter Entertainment is listed on the London Stock Exchange and is one of the top 30 companies in the FTSE-100 index. The company offers a wide range of products including sports betting, online casinos, poker, and lottery. Its platforms are available in multiple countries including the UK, Ireland, Australia, Canada, and the USA. The company has four main business divisions: sports betting, gaming, finance, and support. Sports betting is the largest business area, accounting for more than half of the revenue. The company focuses on traditional sports betting as well as newer trends such as in-play betting and virtual sports events. The gaming division includes online casino, poker, bingo, and various online slots offerings. These products are operated under different brands such as Paddy Power, Betfair, and Sky Bet. The company also provides its own software platform, which is licensed by other online casinos and bookmakers. In the finance category, Flutter Entertainment PLC offers various payment services including processing payments and transfers, as well as managing player accounts. In the support area, the company offers various services and features to ensure a safe and responsible gaming environment. This includes identity verification to prevent gambling addiction, as well as the option for self-exclusion. The history of Flutter Entertainment is marked by mergers and acquisitions. In 2016, Paddy Power and Betfair merged to form the current company. In 2018, the company acquired FanDuel, a leading fantasy sports company in North America. In 2020, it acquired The Stars Group, another online gaming company. Flutter Entertainment is a company that is constantly seeking new growth opportunities and focuses on expanding into new markets. Despite the challenges in the online gambling industry due to recent developments, the company is confident that it will continue to play a leading role in this market. Overall, Flutter Entertainment PLC is considered one of the leading companies in the online gambling industry, strengthened by its mergers and acquisitions of other companies. Through continued expansion into new markets and the introduction of new products, the company will continue to play an important role in the online gaming market in the future. The answer is: Flutter Entertainment PLC is a leading global gaming company that originated from the merger of two companies - Paddy Power and Betfair. The company is headquartered in Dublin, Ireland and offers a wide range of products including sports betting, online casinos, poker, and lottery. It is listed on the London Stock Exchange and operates in multiple countries. The company has four main business divisions: sports betting, gaming, finance, and support. It has a history of mergers and acquisitions, and is focused on expanding into new markets. Flutter Entertainment is considered one of the top companies in the online gambling industry. Flutter Entertainment is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Flutter Entertainment stock

EV/EBIT (Enterprise Value to EBIT) of Flutter Entertainment is 25.25 in 2024.

EV/EBIT (Enterprise Value to EBIT) of Flutter Entertainment changed from 124.65 to 25.25, representing a -79.75% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Flutter Entertainment since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Flutter Entertainment with sector peers and the industry average to assess whether it is attractive.

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Valuation — Flutter Entertainment

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