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Flutter Entertainment (LSE:FLTR) Retained Earnings : £7,354 Mil (As of Sep. 2024)


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What is Flutter Entertainment Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Flutter Entertainment's retained earnings for the quarter that ended in Sep. 2024 was £7,354 Mil.

Flutter Entertainment's quarterly retained earnings increased from Mar. 2024 (£7,629 Mil) to Jun. 2024 (£7,874 Mil) but then declined from Jun. 2024 (£7,874 Mil) to Sep. 2024 (£7,354 Mil).

Flutter Entertainment's annual retained earnings declined from Dec. 2021 (£9,963 Mil) to Dec. 2022 (£9,515 Mil) and declined from Dec. 2022 (£9,515 Mil) to Dec. 2023 (£7,984 Mil).


Flutter Entertainment Retained Earnings Historical Data

The historical data trend for Flutter Entertainment's Retained Earnings 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 Retained Earnings Chart

Flutter Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,540.99 410.65 9,962.83 9,515.39 7,983.74

Flutter Entertainment Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Retained Earnings 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 - 7,983.74 7,629.18 7,874.15 7,354.37

Flutter Entertainment Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Flutter Entertainment  (LSE:FLTR) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Flutter Entertainment Business Description

Traded in Other Exchanges
Address
Beech Hill Road, Belfield Office Park, Clonskeagh, Dublin, IRL, 4
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, 2023, the company offered products in over 100 countries and had 12.3 million average monthly users. In 2023, sports betting was 56% of revenue, online gaming 39%, and fantasy sports, horse racing, and other 5%.

Flutter Entertainment Headlines

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