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

GE HealthCare is the larger business by last-quarter revenue ($5.7B vs $4.7B, roughly 1.2× Flutter Entertainment plc). GE HealthCare runs the higher net margin — 10.3% vs 0.2%, a 10.1% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs 7.1%). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs 10.7%).

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.

GE Healthcare Technologies, Inc., stylized GE HealthCare, is an American health technology company based in Chicago, Illinois. It operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical Diagnostics, which manufactures...

FLUT vs GEHC — Head-to-Head

Bigger by revenue
GEHC
GEHC
1.2× larger
GEHC
$5.7B
$4.7B
FLUT
Growing faster (revenue YoY)
FLUT
FLUT
+17.8% gap
FLUT
24.9%
7.1%
GEHC
Higher net margin
GEHC
GEHC
10.1% more per $
GEHC
10.3%
0.2%
FLUT
Faster 2-yr revenue CAGR
FLUT
FLUT
Annualised
FLUT
18.1%
10.7%
GEHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FLUT
FLUT
GEHC
GEHC
Revenue
$4.7B
$5.7B
Net Profit
$10.0M
$588.0M
Gross Margin
44.5%
39.7%
Operating Margin
5.4%
14.5%
Net Margin
0.2%
10.3%
Revenue YoY
24.9%
7.1%
Net Profit YoY
-93.6%
-18.4%
EPS (diluted)
$0.00
$1.28

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
GEHC
GEHC
Q4 25
$4.7B
$5.7B
Q3 25
$3.8B
$5.1B
Q2 25
$4.2B
$5.0B
Q1 25
$3.7B
$4.8B
Q4 24
$3.8B
$5.3B
Q3 24
$3.2B
$4.9B
Q2 24
$3.6B
$4.8B
Q1 24
$3.4B
$4.7B
Net Profit
FLUT
FLUT
GEHC
GEHC
Q4 25
$10.0M
$588.0M
Q3 25
$-789.0M
$446.0M
Q2 25
$37.0M
$486.0M
Q1 25
$335.0M
$564.0M
Q4 24
$156.0M
$721.0M
Q3 24
$-114.0M
$470.0M
Q2 24
$297.0M
$428.0M
Q1 24
$-177.0M
$374.0M
Gross Margin
FLUT
FLUT
GEHC
GEHC
Q4 25
44.5%
39.7%
Q3 25
42.9%
38.7%
Q2 25
46.8%
39.6%
Q1 25
46.6%
42.1%
Q4 24
48.2%
42.8%
Q3 24
46.1%
41.7%
Q2 24
49.2%
41.4%
Q1 24
47.2%
40.9%
Operating Margin
FLUT
FLUT
GEHC
GEHC
Q4 25
5.4%
14.5%
Q3 25
-22.0%
12.7%
Q2 25
9.3%
13.1%
Q1 25
6.1%
13.2%
Q4 24
7.4%
15.1%
Q3 24
3.0%
13.9%
Q2 24
10.2%
12.6%
Q1 24
3.7%
11.6%
Net Margin
FLUT
FLUT
GEHC
GEHC
Q4 25
0.2%
10.3%
Q3 25
-20.8%
8.7%
Q2 25
0.9%
9.7%
Q1 25
9.1%
11.8%
Q4 24
4.1%
13.6%
Q3 24
-3.5%
9.7%
Q2 24
8.2%
8.8%
Q1 24
-5.2%
8.0%
EPS (diluted)
FLUT
FLUT
GEHC
GEHC
Q4 25
$0.00
$1.28
Q3 25
$-3.91
$0.98
Q2 25
$0.59
$1.06
Q1 25
$1.57
$1.23
Q4 24
$0.47
$1.58
Q3 24
$-0.58
$1.02
Q2 24
$1.45
$0.93
Q1 24
$-1.10
$0.81

Balance Sheet & Financial Strength

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

Metric
FLUT
FLUT
GEHC
GEHC
Cash + ST InvestmentsLiquidity on hand
$1.8B
$4.5B
Total DebtLower is stronger
$12.3B
$10.0B
Stockholders' EquityBook value
$9.0B
$10.4B
Total Assets
$29.3B
$36.9B
Debt / EquityLower = less leverage
1.36×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLUT
FLUT
GEHC
GEHC
Q4 25
$1.8B
$4.5B
Q3 25
$1.7B
$4.0B
Q2 25
$1.7B
$3.7B
Q1 25
$1.5B
$2.5B
Q4 24
$1.5B
$2.9B
Q3 24
$1.5B
$3.5B
Q2 24
$1.5B
$2.0B
Q1 24
$1.4B
$2.6B
Total Debt
FLUT
FLUT
GEHC
GEHC
Q4 25
$12.3B
$10.0B
Q3 25
$12.1B
$10.3B
Q2 25
$10.0B
$10.3B
Q1 25
$6.8B
$8.8B
Q4 24
$6.7B
$9.0B
Q3 24
$6.9B
$10.3B
Q2 24
$6.8B
$9.2B
Q1 24
$6.8B
$9.3B
Stockholders' Equity
FLUT
FLUT
GEHC
GEHC
Q4 25
$9.0B
$10.4B
Q3 25
$9.2B
$10.0B
Q2 25
$10.2B
$9.7B
Q1 25
$9.9B
$9.2B
Q4 24
$9.3B
$8.4B
Q3 24
$10.2B
$8.3B
Q2 24
$9.9B
$7.8B
Q1 24
$9.5B
$7.4B
Total Assets
FLUT
FLUT
GEHC
GEHC
Q4 25
$29.3B
$36.9B
Q3 25
$29.3B
$36.1B
Q2 25
$29.9B
$35.5B
Q1 25
$24.8B
$33.6B
Q4 24
$24.5B
$33.1B
Q3 24
$25.5B
$33.9B
Q2 24
$24.3B
$31.9B
Q1 24
$24.4B
$32.2B
Debt / Equity
FLUT
FLUT
GEHC
GEHC
Q4 25
1.36×
0.96×
Q3 25
1.31×
1.03×
Q2 25
0.97×
1.06×
Q1 25
0.69×
0.95×
Q4 24
0.72×
1.06×
Q3 24
0.67×
1.24×
Q2 24
0.69×
1.18×
Q1 24
0.72×
1.25×

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
GEHC
GEHC
Operating Cash FlowLast quarter
$428.0M
Free Cash FlowOCF − Capex
$392.0M
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
0.8%
2.4%
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
FLUT
FLUT
GEHC
GEHC
Q4 25
$428.0M
Q3 25
$209.0M
Q2 25
$359.0M
$94.0M
Q1 25
$188.0M
$250.0M
Q4 24
$652.0M
Q3 24
$290.0M
Q2 24
$323.0M
$-119.0M
Q1 24
$337.0M
$419.0M
Free Cash Flow
FLUT
FLUT
GEHC
GEHC
Q4 25
$392.0M
Q3 25
$196.0M
Q2 25
$322.0M
$8.0M
Q1 25
$169.0M
$98.0M
Q4 24
$595.0M
Q3 24
$253.0M
Q2 24
$295.0M
$-183.0M
Q1 24
$315.0M
$274.0M
FCF Margin
FLUT
FLUT
GEHC
GEHC
Q4 25
8.3%
Q3 25
5.2%
Q2 25
7.7%
0.2%
Q1 25
4.6%
2.1%
Q4 24
15.7%
Q3 24
7.8%
Q2 24
8.2%
-3.8%
Q1 24
9.3%
5.9%
Capex Intensity
FLUT
FLUT
GEHC
GEHC
Q4 25
0.8%
2.4%
Q3 25
0.3%
2.1%
Q2 25
0.9%
1.7%
Q1 25
0.5%
3.2%
Q4 24
1.5%
1.9%
Q3 24
1.1%
1.9%
Q2 24
0.8%
1.3%
Q1 24
0.6%
3.1%
Cash Conversion
FLUT
FLUT
GEHC
GEHC
Q4 25
42.80×
Q3 25
Q2 25
9.70×
0.19×
Q1 25
0.56×
0.44×
Q4 24
4.18×
Q3 24
Q2 24
1.09×
-0.28×
Q1 24
1.12×

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%

GEHC
GEHC

Imaging Segment$2.6B45%
PCS Segment$824.0M14%
P Dx Segment$790.0M14%
Specialized Ultrasound Subsegment$735.0M13%
Monitoring Solutions Subsegment$578.0M10%
Life Support Solutions Subsegment$247.0M4%

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