Flutter Entertainment plc (FLUT) Enterprise Value (EV): $28.25B
The enterprise value (EV) for Flutter Entertainment plc (FLUT) is $28.25B as of Friday, June 12, 2026.
FLUT Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$28.25B
FLUT Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Flutter Entertainment plc (FLUT) | $19.21B | $28.25B |
| Rivian Automotive, Inc. (RIVN) | $19.18B | $26.45B |
| Ulta Beauty, Inc. (ULTA) | $20.45B | $30.79B |
| International Paper Company (IP) | $17.09B | $30.46B |
| Best Buy Co., Inc. (BBY) | $16.25B | $16.13B |
| DraftKings Inc. (DKNG) | $14.70B | $13.11B |
| Lululemon Athletica Inc. (LULU) | $13.84B | $21.30B |
| NIO Inc. (NIO) | $12.23B | $11.62B |
| Domino's Pizza, Inc. (DPZ) | $10.28B | $19.12B |
| CAVA Group, Inc. (CAVA) | $10.28B | $7.14B |
Enterprise Value Calculation
Market Cap
$19.21B
Total Debt
$12.87B
Cash
$3.83B
Enterprise Value
$28.25B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Flutter Entertainment plc Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Flutter Entertainment plc Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Flutter Entertainment plc (FLUT)?
- The enterprise value (EV) for FLUT stock is $28.25B.
Related Metrics
About Flutter Entertainment plc
Flutter Entertainment plc, a global leader in sports betting and gaming, is headquartered in Dublin, Ireland, having been incorporated in 1958. The company operates extensively across the United Kingdom, Ireland, Australia, the United States, and numerous other international regions. Its operations are strategically segmented into four principal divisions: UK & Ireland, Australia, International, and US. The group's comprehensive product offerings span a wide array of betting and gaming services. These include diverse sports wagering options such as traditional sportsbooks, exchange sports betting, daily fantasy sports, and pari-mutuel products. Beyond sports, Flutter Entertainment provides fixed-odds games, online casino experiences, lottery services, and various peer-to-peer games like online bingo, rummy, and poker. Furthermore, the company delivers business-to-business services, manages HRTV (a dedicated horseracing television network), and organizes live poker tours and events. Its services are accessible through a powerful portfolio of well-recognized online platforms, including paddypower.com, betfair.com, sportsbet.com.au, tvg.com, us.betfair.com, fanduel.com, adjarabet.com, pokerstars.com, Skybet.com, tombola.com, and sisal.com. These digital properties leverage prominent brands such as FanDuel, Sky Betting & Gaming, Sportsbet, PokerStars, Paddy Power, Sisal, tombola, Betfair, FOX Bet, TVG, Stardust, Junglee Games, and Adjarabet. The company adopted its current name, Flutter Entertainment plc, in 2019, having previously been known as Paddy Power Betfair plc.
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- CEO
- Jeremy Peter Jackson