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FLUT (Flutter Entertainment) ROA % : 2.08% (As of Dec. 2024)


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What is Flutter Entertainment ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Flutter Entertainment's annualized Net Income for the quarter that ended in Dec. 2024 was $520 Mil. Flutter Entertainment's average Total Assets over the quarter that ended in Dec. 2024 was $24,994 Mil. Therefore, Flutter Entertainment's annualized ROA % for the quarter that ended in Dec. 2024 was 2.08%.

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

FLUT' s ROA % Range Over the Past 10 Years
Min: -4.91   Med: 0.39   Max: 23.32
Current: 0.44

During the past 13 years, Flutter Entertainment's highest ROA % was 23.32%. The lowest was -4.91%. And the median was 0.39%.

FLUT's ROA % is ranked worse than
62.77% of 830 companies
in the Travel & Leisure industry
Industry Median: 2.275 vs FLUT: 0.44

Flutter Entertainment ROA % Historical Data

The historical data trend for Flutter Entertainment's ROA % 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 ROA % Chart

Flutter Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 -3.25 -1.54 -4.91 0.44

Flutter Entertainment Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROA % 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 -14.95 -2.95 4.58 -1.91 2.08

Competitive Comparison of Flutter Entertainment's ROA %

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

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

* The bar in red indicates where Flutter Entertainment's ROA % falls into.



Flutter Entertainment ROA % Calculation

Flutter Entertainment's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=109/( (24635+24508)/ 2 )
=109/24571.5
=0.44 %

Flutter Entertainment's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=520/( (25480+24508)/ 2 )
=520/24994
=2.08 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2024) net income data. ROA % is displayed in the 30-year financial page.


Flutter Entertainment  (NYSE:FLUT) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=520/24994
=(Net Income / Revenue)*(Revenue / Total Assets)
=(520 / 15168)*(15168 / 24994)
=Net Margin %*Asset Turnover
=3.43 %*0.6069
=2.08 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Flutter Entertainment ROA % Related Terms

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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%.