Flutter Entertainment Debt-to-Equity Ratio Growth & History (FLUT)
Flutter Entertainment's debt-to-equity ratio was 1.42 for fiscal 2025.
View full Flutter Entertainment company overviewFlutter Entertainment annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.42 | 0.64 | +81.73% |
| 2024 | 2024-12-31 | 0.78 | 0.03 | +4.49% |
| 2023 | 2023-12-31 | 0.75 | 0.10 | +15.86% |
| 2022 | 2022-12-31 | 0.65 | — | — |
| 2019 | 2019-12-31 | 1.10 | −0.21 | −15.89% |
| 2018 | 2018-12-31 | 1.31 | 0.29 | +28.20% |
| 2017 | 2017-12-31 | 1.02 | −0.08 | −7.20% |
| 2016 | 2016-12-31 | 1.10 | — | — |
Flutter Entertainment quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.44 | 0.40 | +38.84% |
| Q1 2026 | 2026-03-31 | 1.39 | 0.64 | +84.92% |
| Q4 2025 | 2025-12-31 | 1.42 | 0.64 | +81.73% |
| Q3 2025 | 2025-09-30 | 1.37 | 0.64 | +88.01% |
| Q2 2025 | 2025-06-30 | 1.03 | 0.30 | +40.19% |
| Q1 2025 | 2025-03-31 | 0.75 | −0.02 | −2.83% |
| Q4 2024 | 2024-12-31 | 0.78 | 0.03 | +4.49% |
| Q3 2024 | 2024-09-30 | 0.73 | — | — |
| Q2 2024 | 2024-06-30 | 0.74 | — | — |
| Q1 2024 | 2024-03-31 | 0.77 | — | — |
| Q4 2023 | 2023-12-31 | 0.75 | — | — |
| Q4 2019 | 2019-12-31 | 1.10 | −0.21 | −15.89% |
| Q4 2018 | 2018-12-31 | 1.31 | 0.29 | +28.20% |
| Q4 2017 | 2017-12-31 | 1.02 | −0.08 | −7.20% |
| Q4 2016 | 2016-12-31 | 1.10 | — | — |
Flutter Entertainment debt-to-equity ratio trends
Between the periods ended 2016-12-31 and 2025-12-31, Flutter Entertainment's debt-to-equity ratio increased from 1.10 to 1.42, a change of 0.32. The latest reported quarter, Q2 2026, shows 1.44.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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