Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Flutter EntertainmentFLUT +1.86%69 Equity-to-Asset is 0.31 as of Jun. 2026, which is 40% below its 10-year median of 0.52. GuruFocus rates FLUT with a GF Score™ of 69/100 and a GF Value™ of $293.47 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 857 Travel & Leisure companies, Flutter Entertainment ranks worse than 72.81% on this metric.
Flutter Entertainment (NYSE:FLUT) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Flutter Entertainment Equity-to-Asset Related Terms
Flutter Entertainment Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Flutter Entertainment's Equity-to-Asset 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.
FLUT vs DKNG, SGHC, CHDN: Equity-to-Asset Comparison
For the Gambling subindustry, Flutter Entertainment's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Flutter Entertainment's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Flutter Entertainment's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Flutter Entertainment's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Flutter Entertainment (FLUT) has a Equity-to-Asset of 0.31 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Flutter Entertainment and its competitors. This is 40% below median its historical median of 0.52. Over the past decade, Flutter Entertainment's Equity-to-Asset has ranged from 0.31 to 0.89. According to the industry distribution chart, Flutter Entertainment ranks #624 out of 857 companies in the Travel & Leisure industry, placing it in the top 72.8%.
Is Flutter Entertainment's Equity-to-Asset too high?
Flutter Entertainment's current Equity-to-Asset of 0.31 is 40% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.89. The Travel & Leisure industry median Equity-to-Asset is 0.51. Flutter Entertainment's value of 0.31 is 39.2% below this industry median. Based on the distribution chart, Flutter Entertainment ranks #624 out of 857 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Flutter Entertainment has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Flutter Entertainment's Equity-to-Asset compare to DKNG and SGHC?
According to the Travel & Leisure industry distribution chart, Flutter Entertainment ranks #624 out of 857 companies for Equity-to-Asset. This places Flutter Entertainment in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Flutter Entertainment's value of 0.31 is 39.2% below this benchmark. Historically, Flutter Entertainment's own Equity-to-Asset has ranged from 0.31 to 0.89 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.51, Flutter Entertainment has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flutter Entertainment's current Equity-to-Asset of 0.31 is 39.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Flutter Entertainment and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flutter Entertainment's current Equity-to-Asset is 0.31, which is 40% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flutter Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Flutter Entertainment (FLUT) is currently considered Possible Value Trap. The stock's GF Value™ is $293.47, compared to a current price of $94.74 — trading 67.7% below its estimated fair value. The current Equity-to-Asset is 0.31, which is 40% below median its 10-year median of 0.52 and 39.2% below the Travel & Leisure industry median of 0.51. Flutter Entertainment's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Flutter Entertainment (FLUT), the current Equity-to-Asset is 0.31 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Flutter Entertainment (FLUT) Overvalued in 2026?
Based on GuruFocus' analysis, Flutter Entertainment stock appears to be undervalued.
The current stock price of $94.74 is trading 67.7% below its estimated GF Value™ of $293.47.
GuruFocus considers Flutter Entertainment to be Possible Value Trap.
Key valuation signals for FLUT:
Equity-to-Asset: 0.31 (40% below median its 10-year median of 0.52)
GF Value™: $293.47 vs. price of $94.74 (67.7% below fair value)
Industry Position: 39.2% below the Travel & Leisure median (#624 of 857)
No single metric tells the full story. See the FLUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, Ireland, Australia, Italy, and many other countries. Some of its leading brands are FanDuel in the US, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power beginning in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2025, the company offered products in over 100 countries and had an average of 15.9 million monthly users. In 2025, sports betting was 53% of revenue, online gaming 44%, and fantasy sports, horse racing, and other 3%. The company launched a predictive sports betting platform in late 2025.
69GF Score
Get the complete analysis for FLUT
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FLUT has been successfully added to your 
