Flutter Entertainment plc (FLUT)财务
NYSE · Consumer Cyclical · Gambling, Resorts & Casinos · 员工28,518人 · CEO Daniel Taylor
- 股价
- $82.59 +4.29%
- 市值
- $143亿
- 企业价值
- $253亿
- 最近财报
- Q2 '26 2026-08-05提交
- 下次财报
- 2026-11-04 EPS预期 $0.32
营收(TTM)$172亿+15.2% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)-0.7%-7.4 百分点 对比去年同期营业利润 -$1.24亿
净利润(TTM)-$7.95亿-316.0% 对比去年同期税后,含营业外收益
自由现金流(TTM)$7.61亿-8.2% 对比去年同期资本支出 $5.71亿
稀释EPS(TTM)-$4.24-309.1% 对比去年同期最近4个季度之和
净现金-$110亿-55.0% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $143亿 EV $253亿
- 营收
- $172亿 过去12个月
- 营收增速
- +9% FY2026年一致预期
- 净利润率
- -4.6% 净利润 / 营收,TTM
- P/E
- -19.5× 预期 17.7×(FY2026)
- P/S
- 0.8× 股价 / 营收,TTM
- EV / EBITDA
- 15.9× TTM
- 自由现金流
- $7.61亿 过去12个月
- 净利润
- -$7.95亿 过去12个月
- 营收预期
- $178亿 FY2026年一致预期
- 盈利
- 2026-11-04 营收预期 $40.1亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-05):营收超预期2.0%,EPS 低于预期8.9%营收$43.3亿,预期$42.4亿(+2.0%);EPS $0.49,预期$0.54(-8.9%)。
- 营收增长放缓:同比3.3%Q2 '26营收$43.3亿,此前四个季度的平均值为18.8%。
- 营业利润率-0.7%(TTM),较去年同期-7.4 百分点营收增长15.2%,营业利润增长-112.6%。
- 资本支出占营收的3.3%(去年为4.4%)最近4个季度投入$5.71亿(同比-13.5%)。自由现金流$7.61亿。
- 股东回报$7.84亿 = 自由现金流的103.0%回购$7.84亿(去年为$8.18亿),股息$0,股权激励$2.48亿(TTM)。 超过自由现金流:由现金储备或举债支付。
- 稀释股数一年内减少2.2%Q2 '26稀释股数1.75亿,一年前为1.79亿。
- 净债务 $110亿现金 + 短期投资 $15.6亿,含租赁债务 $126亿;一年前净债务 $70.9亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $43.3亿 | $41.9亿 | +3.3% |
| 毛利率 | 39.6% | 46.8% | -7.2 百分点 |
| 营业利润 | -$1.44亿 | $3.89亿 | -137.0% |
| 营业利润率 | -3.3% | 9.3% | -12.6 百分点 |
| 净利润 | -$2.74亿 | $2500万 | -1,196.0% |
| 稀释EPS | -$1.57 | $0.59 | -366.1% |
| 经营现金流 | $3.63亿 | $3.59亿 | +1.1% |
| 资本支出 | $1.74亿 | $2.03亿 | -14.3% |
| 自由现金流 | $1.89亿 | $1.56亿 | +21.2% |
| R&D | $3亿 | $2.56亿 | +17.2% |
| 股权激励费用 | $6800万 | $7200万 | -5.6% |
实际 vs 一致预期
2026-08-05| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $43.3亿 | $42.4亿 | +2.0% |
| EPS(一致预期口径) | $0.49 | $0.54 | -8.9% |
来自2026-08-05发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| International Segment | $26.4亿 | +10.3% | 61.1% | $122亿 | – | |
| United States Segment | $16.8亿 | -6.0% | 38.9% | $86.2亿 | – |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $15.9亿 | -8.5% | 36.8% | $66.8亿 | +7.7% | |
| United Kingdom | $8.82亿 | +3.9% | 20.4% | $32.4亿 | -1.9% | |
| ITALY | $7.83亿 | +30.1% | 18.1% | $31.5亿 | +79.4% | |
| Rest of the world | $5.9亿 | +4.8% | 13.6% | $24亿 | +20.6% | |
| AUSTRALIA | $4.01亿 | +12.0% | 9.3% | $13.9亿 | +3.2% | |
| IRELAND | $8000万 | +3.9% | 1.8% | $3.09亿 | +2.0% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $13.3亿
- 资本支出
- -$5.71亿
- 股票回购
- -$7.84亿
- 股息
- $0
- 收购
- $0
- 债务净发行
- $20.9亿
- 股权激励费用
- $2.48亿
- 自由现金流
- $7.61亿
- 股东回报 / FCF
- 103.0%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | -19.5× | 1,076.9× 5年中的1年 | 1,076.9× – 1,076.9× |
| EV / EBITDA | 15.9× | 37.5× | 24.2× – 57.6× |
| EV / 营收 | 1.5× | 3.2× | 2.9× – 3.7× |
| 股价 / FCF | 18.8× | 70.9× | 32.5× – 142.9× |
| 股价 / 净资产 | 1.7× | 3.3× | 1.9× – 5.0× |
| FCF收益率 | 5.3% | 1.9% | 0.7% – 3.1% |
| 投入资本回报率 | -0.5% | 0.2% | -2.7% – 4.3% |
| 净资产收益率 | -8.8% | -5.1% | -12.2% – 1.2% |
分析师
一致目标价 $122.33 (+48.1%)
区间 $92.00 – $180.00 · 评级 Buy
强烈买入0
买入19
持有7
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $178亿 | +8.9% | $4.66 | +369.5% | 17.7× | 14 |
| FY2027 | $192亿 | +7.9% | $6.99 | +49.9% | 11.8× | 9 |
| FY2028 | $209亿 | +8.5% | $9.69 | +38.6% | 8.5× | 11 |
| FY2029 | $223亿 | +6.8% | $13.68 | +41.2% | 6.0× | 4 |
| FY2030 | $234亿 | +5.1% | $15.39 | +12.5% | 5.4× | 4 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Flutter Entertainment plc在近期10-Q / 10-K文件中标记的全部308项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $3.41亿 | $3.5亿 | -2.6% | $3.86亿 | $2.66亿 | +45.1% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $1.3亿 | $1.61亿 | -19.3% | $1.9亿 | $9800万 | +93.9% |
| Accrued Employee Benefits, Current | $4.14亿 | $3.57亿 | +16.0% | $4.44亿 | $4.55亿 | -2.4% |
| Accrued Liabilities, Current | $11亿 | $10.3亿 | +7.1% | $10.3亿 | $9.8亿 | +5.1% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $3.42亿2025-12-31 | $3.64亿 | -6.0% | $3.42亿 | $3.64亿 | -6.0% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$12.5亿 | -$8.8亿 | -41.8% | -$11.1亿 | -$19.3亿 | +42.3% |
| Additional Paid in Capital, Common Stock | $21.3亿 | $18.1亿 | +17.5% | $19.9亿 | $16.1亿 | +23.5% |
| Advertising Expense | – | – | – | $20.5亿 | $19.7亿 | +4.4% |
| Amortization of Intangible Assets | – | – | – | $13.9亿 | $9.98亿 | +39.1% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 33.3万 | 0 | – | 170万 | 24.3万 | +598.9% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $6700万 | $7000万 | -4.3% | $2.46亿 | $1.96亿 | +25.5% |
| Asset Impairment Charges | $200万2025-12-31 | $0 | – | $5.61亿 | $0 | – |
| Assets | $282亿 | $299亿 | -5.6% | $293亿 | $245亿 | +19.5% |
| Assets, Current | $45.2亿 | $43.9亿 | +2.8% | $48亿 | $43.4亿 | +10.4% |
| Assets, Fair Value Disclosure | $7100万 | $9800万 | -27.6% | $7300万 | $2.69亿 | -72.9% |
| Business Acquisition, Pro Forma Net Income (Loss) | $1100万2025-12-31 | $1.39亿 | -92.1% | -$4.18亿 | $1000万 | -4,280.0% |
| Business Acquisition, Pro Forma Revenue | $47.4亿2025-12-31 | $41.2亿 | +15.1% | $168亿 | $153亿 | +10.1% |
| Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | $02025-12-31 | $0 | – | $0 | -$300万 | +100.0% |
| Business Combination, Contingent Consideration, Liability | – | – | – | $1800万2024-12-31 | $2000万 | -10.0% |
| Business Combination, Contingent Consideration, Liability, Current | $02025-12-31 | $1800万 | -100.0% | $0 | $1800万 | -100.0% |
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles | – | – | – | $3.72亿2025-05-14 | – | – |
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net | – | – | – | $2.46亿2025-05-14 | – | – |
| Capital Expenditures Incurred but Not yet Paid | $100万2025-09-30 | $0 | – | $1500万2024-12-31 | $0 | – |
| Cash and Cash Equivalents, at Carrying Value | $15.6亿 | $16.9亿 | -7.6% | $18.3亿 | $15.3亿 | +19.4% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $36.2亿 | $35.2亿 | +3.0% | $38.3亿 | $35.1亿 | +9.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect | $1.38亿 | $2700万 | +411.1% | $1.31亿 | $3.22亿 | -59.3% |
| Common Stock, Par or Stated Value Per Share | $0.09 | $0.09 | 0.0% | $0.09 | $0.09 | 0.0% |
| Common Stock, Par or Stated Value Per Share | $0.10 | $0.11 | -9.1% | $0.11 | $0.10 | +10.0% |
| Common Stock, Shares Authorized | 3亿 | 30亿 | -90.0% | 3亿 | 3亿 | 0.0% |
| Common Stock, Shares, Issued | 1.73亿 | 1.76亿 | -1.6% | 1.75亿 | 1.78亿 | -1.5% |
| Common Stock, Value, Issued | $3600万 | $3600万 | 0.0% | $3600万 | $3600万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | -$2.94亿 | $7.82亿 | -137.6% | $4.77亿 | -$3亿 | +259.0% |
| Contract with Customer, Liability, Current | $1.03亿 | $6300万 | +63.5% | $9600万 | $1.2亿 | -20.0% |
| Contract with Customer, Liability, Noncurrent | $100万 | $100万 | 0.0% | $100万 | – | – |
| Cost of Revenue | $26.1亿 | $22.3亿 | +17.3% | $89.8亿 | $73.5亿 | +22.2% |
| Current Federal Tax Expense (Benefit) | – | – | – | $100万 | -$300万 | +133.3% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $1500万 | $700万 | +114.3% |
| Current Income Tax Expense (Benefit) | – | – | – | $4.31亿 | $2.02亿 | +113.4% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $2300万 | $400万 | +475.0% |
| Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction | -$200万2025-12-31 | $0 | – | $600万 | $0 | – |
| Debt Securities, Available-for-sale, Current | $500万 | $3000万 | -83.3% | $2300万 | $1.3亿 | -82.3% |
| Debt Securities, Realized Gain (Loss) | $4000万 | -$8100万 | +149.4% | $3亿 | -$4.26亿 | +170.4% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $4200万 | -$2亿 | +121.0% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $1100万 | $200万 | +450.0% |
| Deferred Income Tax Assets, Net | $2.97亿 | $1.82亿 | +63.2% | $3.09亿 | $2.67亿 | +15.7% |
| Deferred Income Tax Expense (Benefit) | -$5300万 | -$1700万 | -211.8% | -$1.45亿 | -$3.48亿 | +58.3% |
| Deferred Income Tax Liabilities, Net | $9.88亿 | $10.9亿 | -9.6% | $11.1亿 | $6.05亿 | +82.6% |
| Deferred Other Tax Expense (Benefit) | – | – | – | -$1.52亿 | -$1.03亿 | -47.6% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | -$4600万 | -$4700万 | +2.1% |
| Deferred Tax Asset, Interest Carryforward | $9800万2025-12-31 | $7500万 | +30.7% | $9800万 | $7500万 | +30.7% |
| Deferred Tax Assets, Gross | $12.2亿2025-12-31 | $12.7亿 | -3.9% | $12.2亿 | $12.7亿 | -3.9% |
| Deferred Tax Assets, Net of Valuation Allowance | $4.51亿2025-12-31 | $3.92亿 | +15.1% | $4.51亿 | $3.92亿 | +15.1% |
| Deferred Tax Assets, Operating Loss Carryforwards | $6.2亿2025-12-31 | $8.5亿 | -27.1% | $6.2亿 | $8.5亿 | -27.1% |
| Deferred Tax Assets, Operating Loss Carryforwards, Not Subject to Expiration | $22.2亿2025-12-31 | $29.5亿 | -24.6% | $22.2亿 | $29.5亿 | -24.6% |
| Deferred Tax Assets, Other | $1.13亿2025-12-31 | $1.58亿 | -28.5% | $1.13亿 | $1.58亿 | -28.5% |
| Deferred Tax Assets, Property, Plant and Equipment | $2400万2025-12-31 | $3900万 | -38.5% | $2400万 | $3900万 | -38.5% |
| Deferred Tax Assets, Tax Deferred Expense | $2.38亿2025-12-31 | $6500万 | +266.2% | $2.38亿 | $6500万 | +266.2% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $5600万2025-12-31 | $4400万 | +27.3% | $5600万 | $4400万 | +27.3% |
| Deferred Tax Assets, Valuation Allowance | $7.7亿2025-12-31 | $8.78亿 | -12.3% | $7.7亿 | $8.78亿 | -12.3% |
| Deferred Tax Liabilities, Gross | $12.5亿2025-12-31 | $7.3亿 | +70.8% | $12.5亿 | $7.3亿 | +70.8% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-02