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Side-by-side financial comparison of Everest Group (EG) 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 $4.1B, roughly 1.2× Everest Group). Everest Group runs the higher net margin — 16.1% vs 0.2%, a 15.8% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs -4.6%). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs -1.9%).

Everest Group is a leading global reinsurance and insurance provider operating across over 100 countries. It offers diversified property, casualty, specialty, and life insurance products for commercial enterprises and individual customers, with strong risk management capabilities and long-standing industry expertise.

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.

EG vs FLUT — Head-to-Head

Bigger by revenue
FLUT
FLUT
1.2× larger
FLUT
$4.7B
$4.1B
EG
Growing faster (revenue YoY)
FLUT
FLUT
+29.5% gap
FLUT
24.9%
-4.6%
EG
Higher net margin
EG
EG
15.8% more per $
EG
16.1%
0.2%
FLUT
Faster 2-yr revenue CAGR
FLUT
FLUT
Annualised
FLUT
18.1%
-1.9%
EG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EG
EG
FLUT
FLUT
Revenue
$4.1B
$4.7B
Net Profit
$653.0M
$10.0M
Gross Margin
44.5%
Operating Margin
5.4%
Net Margin
16.1%
0.2%
Revenue YoY
-4.6%
24.9%
Net Profit YoY
211.0%
-93.6%
EPS (diluted)
$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.

Revenue
EG
EG
FLUT
FLUT
Q1 26
$4.1B
Q4 25
$4.4B
$4.7B
Q3 25
$4.3B
$3.8B
Q2 25
$4.5B
$4.2B
Q1 25
$4.3B
$3.7B
Q4 24
$4.6B
$3.8B
Q3 24
$4.3B
$3.2B
Q2 24
$4.2B
$3.6B
Net Profit
EG
EG
FLUT
FLUT
Q1 26
$653.0M
Q4 25
$446.0M
$10.0M
Q3 25
$255.0M
$-789.0M
Q2 25
$680.0M
$37.0M
Q1 25
$210.0M
$335.0M
Q4 24
$-593.0M
$156.0M
Q3 24
$509.0M
$-114.0M
Q2 24
$724.0M
$297.0M
Gross Margin
EG
EG
FLUT
FLUT
Q1 26
Q4 25
44.5%
Q3 25
42.9%
Q2 25
46.8%
Q1 25
46.6%
Q4 24
48.2%
Q3 24
46.1%
Q2 24
49.2%
Operating Margin
EG
EG
FLUT
FLUT
Q1 26
Q4 25
12.5%
5.4%
Q3 25
6.2%
-22.0%
Q2 25
18.1%
9.3%
Q1 25
5.8%
6.1%
Q4 24
-16.1%
7.4%
Q3 24
13.5%
3.0%
Q2 24
19.7%
10.2%
Net Margin
EG
EG
FLUT
FLUT
Q1 26
16.1%
Q4 25
10.1%
0.2%
Q3 25
5.9%
-20.8%
Q2 25
15.1%
0.9%
Q1 25
4.9%
9.1%
Q4 24
-12.8%
4.1%
Q3 24
11.9%
-3.5%
Q2 24
17.1%
8.2%
EPS (diluted)
EG
EG
FLUT
FLUT
Q1 26
Q4 25
$10.71
$0.00
Q3 25
$6.09
$-3.91
Q2 25
$16.10
$0.59
Q1 25
$4.90
$1.57
Q4 24
$-13.59
$0.47
Q3 24
$11.80
$-0.58
Q2 24
$16.70
$1.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EG
EG
FLUT
FLUT
Cash + ST InvestmentsLiquidity on hand
$2.2B
$1.8B
Total DebtLower is stronger
$12.3B
Stockholders' EquityBook value
$15.3B
$9.0B
Total Assets
$62.3B
$29.3B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EG
EG
FLUT
FLUT
Q1 26
$2.2B
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$1.7B
Q1 25
$1.5B
Q4 24
$662.0M
$1.5B
Q3 24
$1.5B
Q2 24
$1.5B
Total Debt
EG
EG
FLUT
FLUT
Q1 26
Q4 25
$12.3B
Q3 25
$12.1B
Q2 25
$10.0B
Q1 25
$6.8B
Q4 24
$6.7B
Q3 24
$6.9B
Q2 24
$6.8B
Stockholders' Equity
EG
EG
FLUT
FLUT
Q1 26
$15.3B
Q4 25
$15.5B
$9.0B
Q3 25
$15.4B
$9.2B
Q2 25
$15.0B
$10.2B
Q1 25
$14.1B
$9.9B
Q4 24
$13.9B
$9.3B
Q3 24
$15.3B
$10.2B
Q2 24
$14.2B
$9.9B
Total Assets
EG
EG
FLUT
FLUT
Q1 26
$62.3B
Q4 25
$62.5B
$29.3B
Q3 25
$62.2B
$29.3B
Q2 25
$60.5B
$29.9B
Q1 25
$58.1B
$24.8B
Q4 24
$56.3B
$24.5B
Q3 24
$55.9B
$25.5B
Q2 24
$52.6B
$24.3B
Debt / Equity
EG
EG
FLUT
FLUT
Q1 26
Q4 25
1.36×
Q3 25
1.31×
Q2 25
0.97×
Q1 25
0.69×
Q4 24
0.72×
Q3 24
0.67×
Q2 24
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
EG
EG
FLUT
FLUT
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.

Operating Cash Flow
EG
EG
FLUT
FLUT
Q1 26
Q4 25
$-398.0M
$428.0M
Q3 25
$1.5B
$209.0M
Q2 25
$1.1B
$359.0M
Q1 25
$928.0M
$188.0M
Q4 24
$780.0M
$652.0M
Q3 24
$1.7B
$290.0M
Q2 24
$1.3B
$323.0M
Free Cash Flow
EG
EG
FLUT
FLUT
Q1 26
Q4 25
$392.0M
Q3 25
$196.0M
Q2 25
$322.0M
Q1 25
$169.0M
Q4 24
$595.0M
Q3 24
$253.0M
Q2 24
$295.0M
FCF Margin
EG
EG
FLUT
FLUT
Q1 26
Q4 25
8.3%
Q3 25
5.2%
Q2 25
7.7%
Q1 25
4.6%
Q4 24
15.7%
Q3 24
7.8%
Q2 24
8.2%
Capex Intensity
EG
EG
FLUT
FLUT
Q1 26
Q4 25
0.8%
Q3 25
0.3%
Q2 25
0.9%
Q1 25
0.5%
Q4 24
1.5%
Q3 24
1.1%
Q2 24
0.8%
Cash Conversion
EG
EG
FLUT
FLUT
Q1 26
Q4 25
-0.89×
42.80×
Q3 25
5.72×
Q2 25
1.59×
9.70×
Q1 25
4.42×
0.56×
Q4 24
4.18×
Q3 24
3.41×
Q2 24
1.85×
1.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EG
EG

Premiums earned$3.6B88%
Other$494.0M12%

FLUT
FLUT

Other$2.6B55%
Sports Book$1.5B32%
Igaming$586.0M12%
Service Other$59.0M1%

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