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

LEAR CORP is the larger business by last-quarter revenue ($6.0B vs $4.7B, roughly 1.3× Flutter Entertainment plc). LEAR CORP runs the higher net margin — 1.4% vs 0.2%, a 1.2% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs 4.8%). Flutter Entertainment plc produced more free cash flow last quarter ($392.0M vs $281.1M). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs -0.1%).

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.

Lear Corporation is an American company that manufactures automotive seating and electrical systems. In 2019, it ranked #147 and in 2018, it ranked #148 on the Fortune 500 list.

FLUT vs LEA — Head-to-Head

Bigger by revenue
LEA
LEA
1.3× larger
LEA
$6.0B
$4.7B
FLUT
Growing faster (revenue YoY)
FLUT
FLUT
+20.1% gap
FLUT
24.9%
4.8%
LEA
Higher net margin
LEA
LEA
1.2% more per $
LEA
1.4%
0.2%
FLUT
More free cash flow
FLUT
FLUT
$110.9M more FCF
FLUT
$392.0M
$281.1M
LEA
Faster 2-yr revenue CAGR
FLUT
FLUT
Annualised
FLUT
18.1%
-0.1%
LEA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FLUT
FLUT
LEA
LEA
Revenue
$4.7B
$6.0B
Net Profit
$10.0M
$82.7M
Gross Margin
44.5%
5.7%
Operating Margin
5.4%
2.6%
Net Margin
0.2%
1.4%
Revenue YoY
24.9%
4.8%
Net Profit YoY
-93.6%
-6.1%
EPS (diluted)
$0.00
$1.58

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
LEA
LEA
Q4 25
$4.7B
$6.0B
Q3 25
$3.8B
$5.7B
Q2 25
$4.2B
$6.0B
Q1 25
$3.7B
$5.6B
Q4 24
$3.8B
$5.7B
Q3 24
$3.2B
$5.6B
Q2 24
$3.6B
$6.0B
Q1 24
$3.4B
$6.0B
Net Profit
FLUT
FLUT
LEA
LEA
Q4 25
$10.0M
$82.7M
Q3 25
$-789.0M
$108.2M
Q2 25
$37.0M
$165.2M
Q1 25
$335.0M
$80.7M
Q4 24
$156.0M
$88.1M
Q3 24
$-114.0M
$135.8M
Q2 24
$297.0M
$173.1M
Q1 24
$-177.0M
$109.6M
Gross Margin
FLUT
FLUT
LEA
LEA
Q4 25
44.5%
5.7%
Q3 25
42.9%
6.4%
Q2 25
46.8%
7.3%
Q1 25
46.6%
6.5%
Q4 24
48.2%
6.8%
Q3 24
46.1%
7.3%
Q2 24
49.2%
7.5%
Q1 24
47.2%
6.6%
Operating Margin
FLUT
FLUT
LEA
LEA
Q4 25
5.4%
2.6%
Q3 25
-22.0%
3.4%
Q2 25
9.3%
4.1%
Q1 25
6.1%
3.3%
Q4 24
7.4%
3.7%
Q3 24
3.0%
3.9%
Q2 24
10.2%
4.3%
Q1 24
3.7%
3.3%
Net Margin
FLUT
FLUT
LEA
LEA
Q4 25
0.2%
1.4%
Q3 25
-20.8%
1.9%
Q2 25
0.9%
2.7%
Q1 25
9.1%
1.5%
Q4 24
4.1%
1.5%
Q3 24
-3.5%
2.4%
Q2 24
8.2%
2.9%
Q1 24
-5.2%
1.8%
EPS (diluted)
FLUT
FLUT
LEA
LEA
Q4 25
$0.00
$1.58
Q3 25
$-3.91
$2.02
Q2 25
$0.59
$3.06
Q1 25
$1.57
$1.49
Q4 24
$0.47
$1.64
Q3 24
$-0.58
$2.41
Q2 24
$1.45
$3.02
Q1 24
$-1.10
$1.90

Balance Sheet & Financial Strength

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

Metric
FLUT
FLUT
LEA
LEA
Cash + ST InvestmentsLiquidity on hand
$1.8B
$1.0B
Total DebtLower is stronger
$12.3B
$2.7B
Stockholders' EquityBook value
$9.0B
$5.0B
Total Assets
$29.3B
$14.8B
Debt / EquityLower = less leverage
1.36×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLUT
FLUT
LEA
LEA
Q4 25
$1.8B
$1.0B
Q3 25
$1.7B
$1.0B
Q2 25
$1.7B
$887.9M
Q1 25
$1.5B
$779.9M
Q4 24
$1.5B
$1.1B
Q3 24
$1.5B
$763.9M
Q2 24
$1.5B
$950.3M
Q1 24
$1.4B
$930.4M
Total Debt
FLUT
FLUT
LEA
LEA
Q4 25
$12.3B
$2.7B
Q3 25
$12.1B
$2.8B
Q2 25
$10.0B
$2.8B
Q1 25
$6.8B
$2.7B
Q4 24
$6.7B
$2.7B
Q3 24
$6.9B
$2.8B
Q2 24
$6.8B
$2.7B
Q1 24
$6.8B
$2.7B
Stockholders' Equity
FLUT
FLUT
LEA
LEA
Q4 25
$9.0B
$5.0B
Q3 25
$9.2B
$5.1B
Q2 25
$10.2B
$5.1B
Q1 25
$9.9B
$4.7B
Q4 24
$9.3B
$4.5B
Q3 24
$10.2B
$4.8B
Q2 24
$9.9B
$4.8B
Q1 24
$9.5B
$4.9B
Total Assets
FLUT
FLUT
LEA
LEA
Q4 25
$29.3B
$14.8B
Q3 25
$29.3B
$15.2B
Q2 25
$29.9B
$15.3B
Q1 25
$24.8B
$14.6B
Q4 24
$24.5B
$14.0B
Q3 24
$25.5B
$14.8B
Q2 24
$24.3B
$14.7B
Q1 24
$24.4B
$14.9B
Debt / Equity
FLUT
FLUT
LEA
LEA
Q4 25
1.36×
0.54×
Q3 25
1.31×
0.54×
Q2 25
0.97×
0.54×
Q1 25
0.69×
0.59×
Q4 24
0.72×
0.61×
Q3 24
0.67×
0.58×
Q2 24
0.69×
0.57×
Q1 24
0.72×
0.56×

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
LEA
LEA
Operating Cash FlowLast quarter
$428.0M
$475.9M
Free Cash FlowOCF − Capex
$392.0M
$281.1M
FCF MarginFCF / Revenue
8.3%
4.7%
Capex IntensityCapex / Revenue
0.8%
3.3%
Cash ConversionOCF / Net Profit
42.80×
5.75×
TTM Free Cash FlowTrailing 4 quarters
$1.1B
$527.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLUT
FLUT
LEA
LEA
Q4 25
$428.0M
$475.9M
Q3 25
$209.0M
$444.4M
Q2 25
$359.0M
$296.2M
Q1 25
$188.0M
$-127.7M
Q4 24
$652.0M
$680.8M
Q3 24
$290.0M
$182.7M
Q2 24
$323.0M
$291.2M
Q1 24
$337.0M
$-34.6M
Free Cash Flow
FLUT
FLUT
LEA
LEA
Q4 25
$392.0M
$281.1M
Q3 25
$196.0M
$307.0M
Q2 25
$322.0M
$170.8M
Q1 25
$169.0M
$-231.7M
Q4 24
$595.0M
$488.7M
Q3 24
$253.0M
$50.5M
Q2 24
$295.0M
$170.4M
Q1 24
$315.0M
$-148.2M
FCF Margin
FLUT
FLUT
LEA
LEA
Q4 25
8.3%
4.7%
Q3 25
5.2%
5.4%
Q2 25
7.7%
2.8%
Q1 25
4.6%
-4.2%
Q4 24
15.7%
8.6%
Q3 24
7.8%
0.9%
Q2 24
8.2%
2.8%
Q1 24
9.3%
-2.5%
Capex Intensity
FLUT
FLUT
LEA
LEA
Q4 25
0.8%
3.3%
Q3 25
0.3%
2.4%
Q2 25
0.9%
2.1%
Q1 25
0.5%
1.9%
Q4 24
1.5%
3.4%
Q3 24
1.1%
2.4%
Q2 24
0.8%
2.0%
Q1 24
0.6%
1.9%
Cash Conversion
FLUT
FLUT
LEA
LEA
Q4 25
42.80×
5.75×
Q3 25
4.11×
Q2 25
9.70×
1.79×
Q1 25
0.56×
-1.58×
Q4 24
4.18×
7.73×
Q3 24
1.35×
Q2 24
1.09×
1.68×
Q1 24
-0.32×

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%

LEA
LEA

Other$3.5B59%
Seating Segment$1.9B32%
E Systems Segment$520.6M9%

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