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Side-by-side financial comparison of Flutter Entertainment plc (FLUT) and TechnipFMC plc (FTI). Click either name above to swap in a different company.

Flutter Entertainment plc is the larger business by last-quarter revenue ($4.7B vs $2.5B, roughly 1.9× TechnipFMC plc). TechnipFMC plc runs the higher net margin — 9.6% vs 0.2%, a 9.4% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs 6.3%). Flutter Entertainment plc produced more free cash flow last quarter ($392.0M vs $359.1M). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs 11.0%).

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.

TechnipFMC plc is a French-American, UK-domiciled global oil and gas company that provides services for the energy industry. The company was formed by the merger of FMC Technologies of the United States and Technip of France that was announced in 2016 and completed in 2017.

FLUT vs FTI — Head-to-Head

Bigger by revenue
FLUT
FLUT
1.9× larger
FLUT
$4.7B
$2.5B
FTI
Growing faster (revenue YoY)
FLUT
FLUT
+18.6% gap
FLUT
24.9%
6.3%
FTI
Higher net margin
FTI
FTI
9.4% more per $
FTI
9.6%
0.2%
FLUT
More free cash flow
FLUT
FLUT
$32.9M more FCF
FLUT
$392.0M
$359.1M
FTI
Faster 2-yr revenue CAGR
FLUT
FLUT
Annualised
FLUT
18.1%
11.0%
FTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FLUT
FLUT
FTI
FTI
Revenue
$4.7B
$2.5B
Net Profit
$10.0M
$242.7M
Gross Margin
44.5%
Operating Margin
5.4%
12.6%
Net Margin
0.2%
9.6%
Revenue YoY
24.9%
6.3%
Net Profit YoY
-93.6%
8.0%
EPS (diluted)
$0.00
$0.58

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
FLUT
FLUT
FTI
FTI
Q4 25
$4.7B
$2.5B
Q3 25
$3.8B
$2.6B
Q2 25
$4.2B
$2.5B
Q1 25
$3.7B
$2.2B
Q4 24
$3.8B
$2.4B
Q3 24
$3.2B
$2.3B
Q2 24
$3.6B
$2.3B
Q1 24
$3.4B
$2.0B
Net Profit
FLUT
FLUT
FTI
FTI
Q4 25
$10.0M
$242.7M
Q3 25
$-789.0M
$309.7M
Q2 25
$37.0M
$269.5M
Q1 25
$335.0M
$142.0M
Q4 24
$156.0M
$224.7M
Q3 24
$-114.0M
$274.6M
Q2 24
$297.0M
$186.5M
Q1 24
$-177.0M
$157.1M
Gross Margin
FLUT
FLUT
FTI
FTI
Q4 25
44.5%
Q3 25
42.9%
Q2 25
46.8%
23.1%
Q1 25
46.6%
20.5%
Q4 24
48.2%
Q3 24
46.1%
Q2 24
49.2%
21.2%
Q1 24
47.2%
16.4%
Operating Margin
FLUT
FLUT
FTI
FTI
Q4 25
5.4%
12.6%
Q3 25
-22.0%
16.5%
Q2 25
9.3%
15.9%
Q1 25
6.1%
12.5%
Q4 24
7.4%
11.3%
Q3 24
3.0%
13.7%
Q2 24
10.2%
13.3%
Q1 24
3.7%
12.7%
Net Margin
FLUT
FLUT
FTI
FTI
Q4 25
0.2%
9.6%
Q3 25
-20.8%
11.7%
Q2 25
0.9%
10.6%
Q1 25
9.1%
6.4%
Q4 24
4.1%
9.5%
Q3 24
-3.5%
11.7%
Q2 24
8.2%
8.0%
Q1 24
-5.2%
7.7%
EPS (diluted)
FLUT
FLUT
FTI
FTI
Q4 25
$0.00
$0.58
Q3 25
$-3.91
$0.75
Q2 25
$0.59
$0.64
Q1 25
$1.57
$0.33
Q4 24
$0.47
$0.51
Q3 24
$-0.58
$0.63
Q2 24
$1.45
$0.42
Q1 24
$-1.10
$0.35

Balance Sheet & Financial Strength

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

Metric
FLUT
FLUT
FTI
FTI
Cash + ST InvestmentsLiquidity on hand
$1.8B
$1.0B
Total DebtLower is stronger
$12.3B
$430.0M
Stockholders' EquityBook value
$9.0B
$3.4B
Total Assets
$29.3B
$10.1B
Debt / EquityLower = less leverage
1.36×
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLUT
FLUT
FTI
FTI
Q4 25
$1.8B
$1.0B
Q3 25
$1.7B
$876.6M
Q2 25
$1.7B
$950.0M
Q1 25
$1.5B
$1.2B
Q4 24
$1.5B
$1.2B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.4B
Total Debt
FLUT
FLUT
FTI
FTI
Q4 25
$12.3B
$430.0M
Q3 25
$12.1B
$438.0M
Q2 25
$10.0B
$696.3M
Q1 25
$6.8B
$904.9M
Q4 24
$6.7B
$885.2M
Q3 24
$6.9B
$966.7M
Q2 24
$6.8B
$968.4M
Q1 24
$6.8B
$1.0B
Stockholders' Equity
FLUT
FLUT
FTI
FTI
Q4 25
$9.0B
$3.4B
Q3 25
$9.2B
$3.3B
Q2 25
$10.2B
$3.3B
Q1 25
$9.9B
$3.1B
Q4 24
$9.3B
$3.1B
Q3 24
$10.2B
$3.3B
Q2 24
$9.9B
$3.0B
Q1 24
$9.5B
$3.0B
Total Assets
FLUT
FLUT
FTI
FTI
Q4 25
$29.3B
$10.1B
Q3 25
$29.3B
$10.3B
Q2 25
$29.9B
$10.1B
Q1 25
$24.8B
$10.0B
Q4 24
$24.5B
$9.9B
Q3 24
$25.5B
$9.7B
Q2 24
$24.3B
$9.2B
Q1 24
$24.4B
$9.1B
Debt / Equity
FLUT
FLUT
FTI
FTI
Q4 25
1.36×
0.13×
Q3 25
1.31×
0.13×
Q2 25
0.97×
0.21×
Q1 25
0.69×
0.29×
Q4 24
0.72×
0.29×
Q3 24
0.67×
0.30×
Q2 24
0.69×
0.33×
Q1 24
0.72×
0.34×

Cash Flow & Capital Efficiency

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

Metric
FLUT
FLUT
FTI
FTI
Operating Cash FlowLast quarter
$428.0M
$453.6M
Free Cash FlowOCF − Capex
$392.0M
$359.1M
FCF MarginFCF / Revenue
8.3%
14.3%
Capex IntensityCapex / Revenue
0.8%
3.8%
Cash ConversionOCF / Net Profit
42.80×
1.87×
TTM Free Cash FlowTrailing 4 quarters
$1.1B
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLUT
FLUT
FTI
FTI
Q4 25
$428.0M
$453.6M
Q3 25
$209.0M
$525.1M
Q2 25
$359.0M
$344.2M
Q1 25
$188.0M
$441.7M
Q4 24
$652.0M
$578.9M
Q3 24
$290.0M
$277.9M
Q2 24
$323.0M
$230.9M
Q1 24
$337.0M
$-126.7M
Free Cash Flow
FLUT
FLUT
FTI
FTI
Q4 25
$392.0M
$359.1M
Q3 25
$196.0M
$447.8M
Q2 25
$322.0M
$260.6M
Q1 25
$169.0M
$379.9M
Q4 24
$595.0M
$452.7M
Q3 24
$253.0M
$225.3M
Q2 24
$295.0M
$180.1M
Q1 24
$315.0M
$-178.7M
FCF Margin
FLUT
FLUT
FTI
FTI
Q4 25
8.3%
14.3%
Q3 25
5.2%
16.9%
Q2 25
7.7%
10.3%
Q1 25
4.6%
17.0%
Q4 24
15.7%
19.1%
Q3 24
7.8%
9.6%
Q2 24
8.2%
7.7%
Q1 24
9.3%
-8.8%
Capex Intensity
FLUT
FLUT
FTI
FTI
Q4 25
0.8%
3.8%
Q3 25
0.3%
2.9%
Q2 25
0.9%
3.3%
Q1 25
0.5%
2.8%
Q4 24
1.5%
5.3%
Q3 24
1.1%
2.2%
Q2 24
0.8%
2.2%
Q1 24
0.6%
2.5%
Cash Conversion
FLUT
FLUT
FTI
FTI
Q4 25
42.80×
1.87×
Q3 25
1.70×
Q2 25
9.70×
1.28×
Q1 25
0.56×
3.11×
Q4 24
4.18×
2.58×
Q3 24
1.01×
Q2 24
1.09×
1.24×
Q1 24
-0.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLUT
FLUT

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

FTI
FTI

Services$1.3B52%
Products$1.1B44%
Other$55.1M2%
Surface Technologies$22.4M1%

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