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Side-by-side financial comparison of Delek US Holdings, Inc. (DK) and Flutter Entertainment plc (FLUT). Click either name above to swap in a different company.
Flutter Entertainment plc is the larger business by last-quarter revenue ($4.7B vs $2.6B, roughly 1.8× Delek US Holdings, Inc.). Flutter Entertainment plc runs the higher net margin — 0.2% vs -7.7%, a 7.9% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs -4.9%). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs -10.8%).
Delek US Holdings, Inc. is an oil refining, logistics and biofuels company founded in 2001 and headquartered in Brentwood, Tennessee.
Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company.
DK vs FLUT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.6B | $4.7B |
| Net Profit | $-201.3M | $10.0M |
| Gross Margin | -5.8% | 44.5% |
| Operating Margin | — | 5.4% |
| Net Margin | -7.7% | 0.2% |
| Revenue YoY | -4.9% | 24.9% |
| Net Profit YoY | — | -93.6% |
| EPS (diluted) | $-3.34 | $0.00 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.4B | $4.7B | ||
| Q3 25 | $2.9B | $3.8B | ||
| Q2 25 | $2.8B | $4.2B | ||
| Q1 25 | $2.6B | $3.7B | ||
| Q4 24 | $2.4B | $3.8B | ||
| Q3 24 | $3.0B | $3.2B | ||
| Q2 24 | $3.3B | $3.6B |
| Q1 26 | $-201.3M | — | ||
| Q4 25 | $78.3M | $10.0M | ||
| Q3 25 | $178.0M | $-789.0M | ||
| Q2 25 | $-106.4M | $37.0M | ||
| Q1 25 | $-172.7M | $335.0M | ||
| Q4 24 | $-413.8M | $156.0M | ||
| Q3 24 | $-76.8M | $-114.0M | ||
| Q2 24 | $-37.2M | $297.0M |
| Q1 26 | -5.8% | — | ||
| Q4 25 | 9.3% | 44.5% | ||
| Q3 25 | 13.8% | 42.9% | ||
| Q2 25 | 1.9% | 46.8% | ||
| Q1 25 | -2.4% | 46.6% | ||
| Q4 24 | -5.7% | 48.2% | ||
| Q3 24 | -0.7% | 46.1% | ||
| Q2 24 | 0.5% | 49.2% |
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 5.4% | ||
| Q3 25 | 10.2% | -22.0% | ||
| Q2 25 | -1.2% | 9.3% | ||
| Q1 25 | -4.8% | 6.1% | ||
| Q4 24 | -17.0% | 7.4% | ||
| Q3 24 | -4.0% | 3.0% | ||
| Q2 24 | 0.1% | 10.2% |
| Q1 26 | -7.7% | — | ||
| Q4 25 | 3.2% | 0.2% | ||
| Q3 25 | 6.2% | -20.8% | ||
| Q2 25 | -3.8% | 0.9% | ||
| Q1 25 | -6.5% | 9.1% | ||
| Q4 24 | -17.4% | 4.1% | ||
| Q3 24 | -2.5% | -3.5% | ||
| Q2 24 | -1.1% | 8.2% |
| Q1 26 | $-3.34 | — | ||
| Q4 25 | $1.23 | $0.00 | ||
| Q3 25 | $2.93 | $-3.91 | ||
| Q2 25 | $-1.76 | $0.59 | ||
| Q1 25 | $-2.78 | $1.57 | ||
| Q4 24 | $-6.48 | $0.47 | ||
| Q3 24 | $-1.20 | $-0.58 | ||
| Q2 24 | $-0.58 | $1.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $624.1M | $1.8B |
| Total DebtLower is stronger | $3.2B | $12.3B |
| Stockholders' EquityBook value | $302.0M | $9.0B |
| Total Assets | $7.6B | $29.3B |
| Debt / EquityLower = less leverage | 10.54× | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $624.1M | — | ||
| Q4 25 | $625.8M | $1.8B | ||
| Q3 25 | $630.9M | $1.7B | ||
| Q2 25 | $615.5M | $1.7B | ||
| Q1 25 | $623.8M | $1.5B | ||
| Q4 24 | $735.6M | $1.5B | ||
| Q3 24 | $1.0B | $1.5B | ||
| Q2 24 | $657.9M | $1.5B |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $12.3B | ||
| Q3 25 | $3.2B | $12.1B | ||
| Q2 25 | $3.1B | $10.0B | ||
| Q1 25 | $3.0B | $6.8B | ||
| Q4 24 | $2.8B | $6.7B | ||
| Q3 24 | $2.8B | $6.9B | ||
| Q2 24 | $2.5B | $6.8B |
| Q1 26 | $302.0M | — | ||
| Q4 25 | $547.3M | $9.0B | ||
| Q3 25 | $444.8M | $9.2B | ||
| Q2 25 | $294.9M | $10.2B | ||
| Q1 25 | $429.4M | $9.9B | ||
| Q4 24 | $575.2M | $9.3B | ||
| Q3 24 | $875.4M | $10.2B | ||
| Q2 24 | $982.8M | $9.9B |
| Q1 26 | $7.6B | — | ||
| Q4 25 | $6.8B | $29.3B | ||
| Q3 25 | $7.1B | $29.3B | ||
| Q2 25 | $7.1B | $29.9B | ||
| Q1 25 | $6.9B | $24.8B | ||
| Q4 24 | $6.7B | $24.5B | ||
| Q3 24 | $7.0B | $25.5B | ||
| Q2 24 | $6.9B | $24.3B |
| Q1 26 | 10.54× | — | ||
| Q4 25 | 5.91× | 1.36× | ||
| Q3 25 | 7.14× | 1.31× | ||
| Q2 25 | 10.51× | 0.97× | ||
| Q1 25 | 7.07× | 0.69× | ||
| Q4 24 | 4.81× | 0.72× | ||
| Q3 24 | 3.19× | 0.67× | ||
| Q2 24 | 2.50× | 0.69× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $428.0M |
| Free Cash FlowOCF − Capex | — | $392.0M |
| FCF MarginFCF / Revenue | — | 8.3% |
| Capex IntensityCapex / Revenue | — | 0.8% |
| Cash ConversionOCF / Net Profit | — | 42.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $502.8M | $428.0M | ||
| Q3 25 | $44.0M | $209.0M | ||
| Q2 25 | $51.4M | $359.0M | ||
| Q1 25 | $-62.4M | $188.0M | ||
| Q4 24 | $-163.5M | $652.0M | ||
| Q3 24 | $-21.6M | $290.0M | ||
| Q2 24 | $-48.4M | $323.0M |
| Q1 26 | — | — | ||
| Q4 25 | $382.8M | $392.0M | ||
| Q3 25 | $-64.0M | $196.0M | ||
| Q2 25 | $-114.4M | $322.0M | ||
| Q1 25 | $-198.1M | $169.0M | ||
| Q4 24 | $-354.0M | $595.0M | ||
| Q3 24 | $-140.6M | $253.0M | ||
| Q2 24 | $-128.3M | $295.0M |
| Q1 26 | — | — | ||
| Q4 25 | 15.8% | 8.3% | ||
| Q3 25 | -2.2% | 5.2% | ||
| Q2 25 | -4.1% | 7.7% | ||
| Q1 25 | -7.5% | 4.6% | ||
| Q4 24 | -14.9% | 15.7% | ||
| Q3 24 | -4.6% | 7.8% | ||
| Q2 24 | -3.9% | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 0.8% | ||
| Q3 25 | 3.7% | 0.3% | ||
| Q2 25 | 6.0% | 0.9% | ||
| Q1 25 | 5.1% | 0.5% | ||
| Q4 24 | 8.0% | 1.5% | ||
| Q3 24 | 3.9% | 1.1% | ||
| Q2 24 | 2.4% | 0.8% |
| Q1 26 | — | — | ||
| Q4 25 | 6.42× | 42.80× | ||
| Q3 25 | 0.25× | — | ||
| Q2 25 | — | 9.70× | ||
| Q1 25 | — | 0.56× | ||
| Q4 24 | — | 4.18× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.09× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DK
Segment breakdown not available.
FLUT
| Other | $2.6B | 55% |
| Sports Book | $1.5B | 32% |
| Igaming | $586.0M | 12% |
| Service Other | $59.0M | 1% |
