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FLUT (Flutter Entertainment) Gross Profit : $6,702 Mil (TTM As of Dec. 2024)


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What is Flutter Entertainment Gross Profit?

Flutter Entertainment's gross profit for the three months ended in Dec. 2024 was $1,826 Mil. Flutter Entertainment's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $6,702 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Flutter Entertainment's gross profit for the three months ended in Dec. 2024 was $1,826 Mil. Flutter Entertainment's Revenue for the three months ended in Dec. 2024 was $3,792 Mil. Therefore, Flutter Entertainment's Gross Margin % for the quarter that ended in Dec. 2024 was 48.15%.

Flutter Entertainment had a gross margin of 48.15% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Flutter Entertainment was 76.91%. The lowest was 47.40%. And the median was 67.35%.

Warning Sign:

Flutter Entertainment PLC gross margin has been in long-term decline. The average rate of decline per year is -8%.


Flutter Entertainment Gross Profit Historical Data

The historical data trend for Flutter Entertainment's Gross Profit 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.

* Premium members only.

Flutter Entertainment Gross Profit Chart

Flutter Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,914.31 4,427.00 4,650.00 5,588.00 6,702.00

Flutter Entertainment Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,529.00 1,604.00 1,776.00 1,496.00 1,826.00

Competitive Comparison of Flutter Entertainment's Gross Profit

For the Gambling subindustry, Flutter Entertainment's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flutter Entertainment's Gross Profit distribution charts can be found below:

* The bar in red indicates where Flutter Entertainment's Gross Profit falls into.



Flutter Entertainment Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Flutter Entertainment's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=14048 - 7346
=6,702

Flutter Entertainment's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=3792 - 1966
=1,826

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,702 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Flutter Entertainment's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,826 / 3792
=48.15 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Flutter Entertainment  (NYSE:FLUT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Flutter Entertainment had a gross margin of 48.15% for the quarter that ended in Dec. 2024 => Durable competitive advantage


Flutter Entertainment Gross Profit Related Terms

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Flutter Entertainment Business Description

Traded in Other Exchanges
Address
300 Park Avenue South, New York, NY, USA, 10010
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%.