FLUT (Flutter Entertainment) Asset Turnover: 0.15 (As of Mar. 2026)


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 Asset Turnover?

Flutter Entertainment FLUT +0.67% 69 Asset Turnover is 0.15 as of Mar. 2026. 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.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Flutter Entertainment's Revenue for the three months ended in Mar. 2026 was $4,304 Mil. Flutter Entertainment's Total Assets for the quarter that ended in Mar. 2026 was $28,877 Mil. Therefore, Flutter Entertainment's Asset Turnover for the quarter that ended in Mar. 2026 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Flutter Entertainment's annualized ROE % for the quarter that ended in Mar. 2026 was 9.55%. It is also linked to ROA % through Du Pont Formula. Flutter Entertainment's annualized ROA % for the quarter that ended in Mar. 2026 was 2.99%.

Flutter Entertainment  (NYSE:FLUT) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Flutter Entertainment's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=864/9051
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(864 / 17216)*(17216 / 28877)*(28877/ 9051)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.02 %*0.5962*3.1905
=ROA %*Equity Multiplier
=2.99 %*3.1905
=9.55 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Flutter Entertainment's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=864/28877
=(Net Income / Revenue)*(Revenue / Total Assets)
=(864 / 17216)*(17216 / 28877)
=Net Margin %*Asset Turnover
=5.02 %*0.5962
=2.99 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Flutter Entertainment Asset Turnover Related Terms

Flutter Entertainment Asset Turnover Historical Data

* Premium members only.

The historical data trend for Flutter Entertainment's Asset Turnover 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.

Flutter Entertainment Asset Turnover Chart

Flutter Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.40 0.47 0.57 0.61

Flutter Entertainment Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.15 0.15 0.13 0.16 0.15

FLUT vs DKNG, LNWO, SGHC: Asset Turnover Comparison

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

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

* The bar in red indicates where Flutter Entertainment's Asset Turnover falls into.


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

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=16383/( (24508+29280)/ 2 )
=16383/26894
=0.61

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=4304/( (29280+28474)/ 2 )
=4304/28877
=0.15

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.15 mean?
Flutter Entertainment (FLUT) has a Asset Turnover of 0.15 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Flutter Entertainment and its competitors.
Is Flutter Entertainment's Asset Turnover too high?
Flutter Entertainment's current Asset Turnover is 0.15. 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 Asset Turnover compare to DKNG and LNWO?
Flutter Entertainment's Asset Turnover of 0.15 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Flutter Entertainment and its competitors. Flutter Entertainment's current Asset Turnover is 0.15. 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 Asset Turnover is 0.15. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Flutter Entertainment (FLUT), the current Asset Turnover is 0.15 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:

  • Asset Turnover: 0.15
  • GF Value™: $310.86 vs. price of $98.51 (68.3% below fair value)
  • GF Score™: 69/100 with 3 warning signs

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

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

$98.51
Price
$310.86
GF Value