Flutter Entertainment (LSE:FLTR) Debt-to-Equity : 0.78 (As of Dec. 2024)

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What is Flutter Entertainment Debt-to-Equity?

Flutter Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was £136 Mil. Flutter Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was £5,625 Mil. Flutter Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2024 was £7,351 Mil. Flutter Entertainment's debt to equity for the quarter that ended in Dec. 2024 was 0.78.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Flutter Entertainment's Debt-to-Equity or its related term are showing as below:

LSE:FLTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.34 Max: 2.79
Current: 0.78

During the past 13 years, the highest Debt-to-Equity Ratio of Flutter Entertainment was 2.79. The lowest was 0.01. And the median was 0.34.

LSE:FLTR's Debt-to-Equity is ranked worse than
64.97% of 688 companies
in the Travel & Leisure industry
Industry Median: 0.425 vs LSE:FLTR: 0.78

Flutter Entertainment Debt-to-Equity Historical Data

The historical data trend for Flutter Entertainment's Debt-to-Equity 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 Debt-to-Equity Chart

Flutter Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.30

0.37

0.66

0.75

0.78

Flutter Entertainment Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.75	0.77	0.74	0.73	0.78

Competitive Comparison of Flutter Entertainment's Debt-to-Equity

For the Gambling subindustry, Flutter Entertainment's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Flutter Entertainment's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flutter Entertainment's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Flutter Entertainment's Debt-to-Equity falls into.

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Flutter Entertainment Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Flutter Entertainment's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(136.052	+	5624.801)	/	7350.763
	=	0.78

Flutter Entertainment's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(136.052	+	5624.801)	/	7350.763
	=	0.78

Flutter Entertainment (LSE:FLTR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Flutter Entertainment Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Flutter Entertainment's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Flutter Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flutter Entertainment PLC (LSE:FLTR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FLUT:USA FLTRl: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%.