FLUT (Flutter Entertainment) Interest Coverage: 0.47 (As of Mar. 2026) — 96% Below Median


FLUT Flutter Entertainment PLC FLUT
69 GF Score
Price $98.51
GF Value $310.86
Valuation Possible Value Trap
! 3 Warning Signs
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What is Flutter Entertainment Interest Coverage?

Flutter Entertainment FLUT +0.67% 69 Interest Coverage is 0.47 as of Mar. 2026, which is 96% below its 10-year median of 11.02. GuruFocus rates FLUT with a GF Score™ of 69/100 and a GF Value™ of $310.86 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 609 Travel & Leisure companies, Flutter Entertainment ranks worse than 95.24% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Flutter Entertainment's Operating Income for the three months ended in Mar. 2026 was $79 Mil. Flutter Entertainment's Interest Expense for the three months ended in Mar. 2026 was $-167 Mil. Flutter Entertainment's interest coverage for the quarter that ended in Mar. 2026 was 0.47. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Flutter Entertainment's Interest Coverage or its related term are showing as below:

FLUT' s Interest Coverage Range Over the Past 10 Years
Min: 0.63   Med: 11.02   Max: 119.05
Current: 0.63


FLUT's Interest Coverage is ranked worse than
95.24% of 609 companies
in the Travel & Leisure industry
Industry Median: 5.31 vs FLUT: 0.63

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Flutter Entertainment  (NYSE:FLUT) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Flutter Entertainment Interest Coverage Related Terms


Flutter Entertainment Interest Coverage Historical Data

* Premium members only.

The historical data trend for Flutter Entertainment's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Flutter Entertainment Interest Coverage Chart

Flutter Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.77 0.94

Flutter Entertainment Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 2.12 2.99 0.00 1.41 0.47

FLUT vs DKNG, LNWO, SGHC: Interest Coverage Comparison

For the Gambling subindustry, Flutter Entertainment's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Travel & Leisure Industry

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

* The bar in red indicates where Flutter Entertainment's Interest Coverage falls into.


FLUT
69GF Score
Flutter Entertainment PLC FLUT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Flutter Entertainment Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Flutter Entertainment's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Flutter Entertainment's Interest Expense was $-588 Mil. Its Operating Income was $553 Mil. And its Long-Term Debt & Capital Lease Obligation was $12,633 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*553/-588
=0.94

Flutter Entertainment's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Flutter Entertainment's Interest Expense was $-167 Mil. Its Operating Income was $79 Mil. And its Long-Term Debt & Capital Lease Obligation was $12,236 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*79/-167
=0.47

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.47 mean?
Flutter Entertainment (FLUT) has a Interest Coverage of 0.47 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Flutter Entertainment and its competitors. This is 96% below median its historical median of 11.02. Over the past decade, Flutter Entertainment's Interest Coverage has ranged from 0.63 to 119.05. According to the industry distribution chart, Flutter Entertainment ranks #580 out of 609 companies in the Travel & Leisure industry, placing it in the top 95.2%.
Is Flutter Entertainment's Interest Coverage too high?
Flutter Entertainment's current Interest Coverage of 0.47 is 96% below median its 10-year median of 11.02. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 119.05. The Travel & Leisure industry median Interest Coverage is 5.31. Flutter Entertainment's value of 0.47 is 91.1% below this industry median. Based on the distribution chart, Flutter Entertainment ranks #580 out of 609 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. 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 Interest Coverage compare to DKNG and LNWO?
According to the Travel & Leisure industry distribution chart, Flutter Entertainment ranks #580 out of 609 companies for Interest Coverage. This places Flutter Entertainment in the lower half of its industry. The industry median Interest Coverage is 5.31. Flutter Entertainment's value of 0.47 is 91.1% below this benchmark. Historically, Flutter Entertainment's own Interest Coverage has ranged from 0.63 to 119.05 over the past decade. While the company's 10-year median is 11.02 vs. the industry median of 5.31, 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 Interest Coverage for a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.31, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flutter Entertainment's current Interest Coverage of 0.47 is 91.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Flutter Entertainment and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flutter Entertainment's current Interest Coverage is 0.47, which is 96% below median its own 10-year median of 11.02. 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 $310.86, compared to a current price of $98.51 — trading 68.3% below its estimated fair value. The current Interest Coverage is 0.47, which is 96% below median its 10-year median of 11.02 and 91.1% below the Travel & Leisure industry median of 5.31. Flutter Entertainment's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Flutter Entertainment (FLUT), the current Interest Coverage is 0.47 as of Mar. 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 $98.51 is trading 68.3% below its estimated GF Value™ of $310.86. GuruFocus considers Flutter Entertainment to be Possible Value Trap.

Key valuation signals for FLUT:

  • Interest Coverage: 0.47 (96% below median its 10-year median of 11.02)
  • GF Value™: $310.86 vs. price of $98.51 (68.3% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 91.1% below the Travel & Leisure median (#580 of 609)

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.


Flutter Entertainment Business Description

Other Exchanges FLTRl:UKFLTR:UKPPB:Germany
Address One Madison Avenue, 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, 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

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$98.51
Price
$310.86
GF Value