vs

Side-by-side financial comparison of Expeditors International (EXPD) 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 $2.9B, roughly 1.7× Expeditors International). Expeditors International runs the higher net margin — 7.0% vs 0.2%, a 6.8% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs -3.3%). Flutter Entertainment plc produced more free cash flow last quarter ($392.0M vs $270.3M). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs 13.8%).

Expeditors International of Washington, Inc. is an American Fortune 500 service-based logistics company with headquarters in Bellevue, Washington. Expeditors generates highly optimized and customized supply chain solutions for clients with unified technology systems integrated through a global network of over 340+ locations in 100+ countries on six continents.

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.

EXPD vs FLUT — Head-to-Head

Bigger by revenue
FLUT
FLUT
1.7× larger
FLUT
$4.7B
$2.9B
EXPD
Growing faster (revenue YoY)
FLUT
FLUT
+28.3% gap
FLUT
24.9%
-3.3%
EXPD
Higher net margin
EXPD
EXPD
6.8% more per $
EXPD
7.0%
0.2%
FLUT
More free cash flow
FLUT
FLUT
$121.7M more FCF
FLUT
$392.0M
$270.3M
EXPD
Faster 2-yr revenue CAGR
FLUT
FLUT
Annualised
FLUT
18.1%
13.8%
EXPD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXPD
EXPD
FLUT
FLUT
Revenue
$2.9B
$4.7B
Net Profit
$200.7M
$10.0M
Gross Margin
44.5%
Operating Margin
8.8%
5.4%
Net Margin
7.0%
0.2%
Revenue YoY
-3.3%
24.9%
Net Profit YoY
-14.9%
-93.6%
EPS (diluted)
$1.50
$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
EXPD
EXPD
FLUT
FLUT
Q4 25
$2.9B
$4.7B
Q3 25
$2.9B
$3.8B
Q2 25
$2.7B
$4.2B
Q1 25
$2.7B
$3.7B
Q4 24
$3.0B
$3.8B
Q3 24
$3.0B
$3.2B
Q2 24
$2.4B
$3.6B
Q1 24
$2.2B
$3.4B
Net Profit
EXPD
EXPD
FLUT
FLUT
Q4 25
$200.7M
$10.0M
Q3 25
$222.3M
$-789.0M
Q2 25
$183.6M
$37.0M
Q1 25
$203.8M
$335.0M
Q4 24
$235.9M
$156.0M
Q3 24
$229.6M
$-114.0M
Q2 24
$175.5M
$297.0M
Q1 24
$169.2M
$-177.0M
Gross Margin
EXPD
EXPD
FLUT
FLUT
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%
Q1 24
47.2%
Operating Margin
EXPD
EXPD
FLUT
FLUT
Q4 25
8.8%
5.4%
Q3 25
10.0%
-22.0%
Q2 25
9.3%
9.3%
Q1 25
10.0%
6.1%
Q4 24
10.2%
7.4%
Q3 24
10.1%
3.0%
Q2 24
9.2%
10.2%
Q1 24
9.7%
3.7%
Net Margin
EXPD
EXPD
FLUT
FLUT
Q4 25
7.0%
0.2%
Q3 25
7.7%
-20.8%
Q2 25
6.9%
0.9%
Q1 25
7.6%
9.1%
Q4 24
8.0%
4.1%
Q3 24
7.7%
-3.5%
Q2 24
7.2%
8.2%
Q1 24
7.7%
-5.2%
EPS (diluted)
EXPD
EXPD
FLUT
FLUT
Q4 25
$1.50
$0.00
Q3 25
$1.64
$-3.91
Q2 25
$1.34
$0.59
Q1 25
$1.47
$1.57
Q4 24
$1.68
$0.47
Q3 24
$1.63
$-0.58
Q2 24
$1.24
$1.45
Q1 24
$1.17
$-1.10

Balance Sheet & Financial Strength

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

Metric
EXPD
EXPD
FLUT
FLUT
Cash + ST InvestmentsLiquidity on hand
$1.3B
$1.8B
Total DebtLower is stronger
$12.3B
Stockholders' EquityBook value
$2.4B
$9.0B
Total Assets
$4.9B
$29.3B
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPD
EXPD
FLUT
FLUT
Q4 25
$1.3B
$1.8B
Q3 25
$1.2B
$1.7B
Q2 25
$1.2B
$1.7B
Q1 25
$1.3B
$1.5B
Q4 24
$1.1B
$1.5B
Q3 24
$1.3B
$1.5B
Q2 24
$1.3B
$1.5B
Q1 24
$1.4B
$1.4B
Total Debt
EXPD
EXPD
FLUT
FLUT
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
Q1 24
$6.8B
Stockholders' Equity
EXPD
EXPD
FLUT
FLUT
Q4 25
$2.4B
$9.0B
Q3 25
$2.3B
$9.2B
Q2 25
$2.2B
$10.2B
Q1 25
$2.3B
$9.9B
Q4 24
$2.2B
$9.3B
Q3 24
$2.4B
$10.2B
Q2 24
$2.2B
$9.9B
Q1 24
$2.2B
$9.5B
Total Assets
EXPD
EXPD
FLUT
FLUT
Q4 25
$4.9B
$29.3B
Q3 25
$4.8B
$29.3B
Q2 25
$4.8B
$29.9B
Q1 25
$4.8B
$24.8B
Q4 24
$4.8B
$24.5B
Q3 24
$5.2B
$25.5B
Q2 24
$4.8B
$24.3B
Q1 24
$4.5B
$24.4B
Debt / Equity
EXPD
EXPD
FLUT
FLUT
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×
Q1 24
0.72×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXPD
EXPD
FLUT
FLUT
Operating Cash FlowLast quarter
$283.3M
$428.0M
Free Cash FlowOCF − Capex
$270.3M
$392.0M
FCF MarginFCF / Revenue
9.5%
8.3%
Capex IntensityCapex / Revenue
0.5%
0.8%
Cash ConversionOCF / Net Profit
1.41×
42.80×
TTM Free Cash FlowTrailing 4 quarters
$953.4M
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPD
EXPD
FLUT
FLUT
Q4 25
$283.3M
$428.0M
Q3 25
$201.4M
$209.0M
Q2 25
$179.2M
$359.0M
Q1 25
$342.6M
$188.0M
Q4 24
$249.7M
$652.0M
Q3 24
$90.0M
$290.0M
Q2 24
$126.8M
$323.0M
Q1 24
$256.9M
$337.0M
Free Cash Flow
EXPD
EXPD
FLUT
FLUT
Q4 25
$270.3M
$392.0M
Q3 25
$190.3M
$196.0M
Q2 25
$163.3M
$322.0M
Q1 25
$329.5M
$169.0M
Q4 24
$239.7M
$595.0M
Q3 24
$77.7M
$253.0M
Q2 24
$118.8M
$295.0M
Q1 24
$246.7M
$315.0M
FCF Margin
EXPD
EXPD
FLUT
FLUT
Q4 25
9.5%
8.3%
Q3 25
6.6%
5.2%
Q2 25
6.2%
7.7%
Q1 25
12.4%
4.6%
Q4 24
8.1%
15.7%
Q3 24
2.6%
7.8%
Q2 24
4.9%
8.2%
Q1 24
11.2%
9.3%
Capex Intensity
EXPD
EXPD
FLUT
FLUT
Q4 25
0.5%
0.8%
Q3 25
0.4%
0.3%
Q2 25
0.6%
0.9%
Q1 25
0.5%
0.5%
Q4 24
0.3%
1.5%
Q3 24
0.4%
1.1%
Q2 24
0.3%
0.8%
Q1 24
0.5%
0.6%
Cash Conversion
EXPD
EXPD
FLUT
FLUT
Q4 25
1.41×
42.80×
Q3 25
0.91×
Q2 25
0.98×
9.70×
Q1 25
1.68×
0.56×
Q4 24
1.06×
4.18×
Q3 24
0.39×
Q2 24
0.72×
1.09×
Q1 24
1.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXPD
EXPD

Customs Brokerage And Other Services$1.1B40%
Airfreight Services$1.1B39%
Ocean Freight And Ocean Services$611.4M21%

FLUT
FLUT

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

Related Comparisons