Flutter Entertainment (LSE:FLTR) ROCE % : 1.41% (As of Dec. 2024)

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What is Flutter Entertainment ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Flutter Entertainment's annualized ROCE % for the quarter that ended in Dec. 2024 was 1.41%.

Flutter Entertainment ROCE % Historical Data

The historical data trend for Flutter Entertainment's ROCE % 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.

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Flutter Entertainment ROCE % Chart

Flutter Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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1.46

-1.70

-0.39

-3.18

2.53

Flutter Entertainment Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-13.57	-0.68	9.21	-0.48	1.41

Flutter Entertainment ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	400.246	/	( ( (19461.65 - 3575.54)	+	(19385.828 - 3630.69) )	/ 2 )
	=	400.246	/	( (15886.11	+	15755.138)	/ 2 )
	=	400.246	/	15820.624
	=	2.53 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	221.48	/	( ( (19262.88 - 3560.76)	+	(19385.828 - 3630.69) )	/ 2 )
	=	221.48	/	( ( 15702.12	+	15755.138 )	/ 2 )
	=	221.48	/	15728.629
	=	1.41 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Flutter Entertainment (LSE:FLTR) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Flutter Entertainment ROCE % Related Terms

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Flutter Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flutter Entertainment PLC (LSE:FLTR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FLUT:USA FLTRl:UK PPB:Germany PPB:Germany PPB:Germany

Address

300 Park Avenue South, New York, NY, USA, 10010

Website

https://www.flutter.com

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%.