Flutter Entertainment (FLUT) Margins & Profitability 2024-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 42.7%
EBITDA Margin: 11.5%
Op. Margin: 1.8%
Net Margin: 4.9%

Op. margin of 1.8% is down 4.2% YoY — costs are rising relative to revenue. Net margin at 4.9% and gross margin of 42.7% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit