FLUT (Flutter Entertainment) COGS-to-Revenue : 0.52 (As of Dec. 2024)

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What is Flutter Entertainment COGS-to-Revenue?

Flutter Entertainment's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,966 Mil. Its Revenue for the three months ended in Dec. 2024 was $3,792 Mil.

Flutter Entertainment's COGS to Revenue for the three months ended in Dec. 2024 was 0.52.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Flutter Entertainment's Gross Margin % for the three months ended in Dec. 2024 was 48.15%.

Flutter Entertainment COGS-to-Revenue Historical Data

The historical data trend for Flutter Entertainment's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Flutter Entertainment COGS-to-Revenue Chart

Flutter Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

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0.35

0.47

0.51

0.53

0.52

Flutter Entertainment Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
COGS-to-Revenue	Get a 7-Day Free Trial															0.54	0.53	0.51	0.54	0.52

Flutter Entertainment COGS-to-Revenue Calculation

Flutter Entertainment's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7346	/	14048
	=	0.52

Flutter Entertainment's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1966	/	3792
	=	0.52

Flutter Entertainment (NYSE:FLUT) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Flutter Entertainment's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1966 / 3792
	=	48.15 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Flutter Entertainment COGS-to-Revenue Related Terms

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Flutter Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flutter Entertainment PLC (NYSE:FLUT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

FLTRl:UK FLTR:UK PPB:Germany PPB:Germany PPB:Germany

Address

300 Park Avenue South, New York, NY, USA, 10010

Website

https://www.flutter.com

In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in the US, UK and Ireland, Australia, and many other countries. Some of its main brands are FanDuel in the US, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2024, the company offered products in over 100 countries and had 13.9 million average monthly users. In 2024, sports betting was 56% of revenue, online gaming 40%, and fantasy sports, horse racing, and other 4%.