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

Parker Hannifin is the larger business by last-quarter revenue ($6.2B vs $4.7B, roughly 1.3× Flutter Entertainment plc). Parker Hannifin runs the higher net margin — 14.6% vs 0.2%, a 14.4% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs 10.6%). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs 9.1%).

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.

Parker-Hannifin Corporation, originally Parker Appliance Company, usually referred to as just Parker, is an American corporation specializing in motion and control technologies. Its corporate headquarters are in Mayfield Heights, Ohio, in Greater Cleveland.

FLUT vs PH — Head-to-Head

Bigger by revenue
PH
PH
1.3× larger
PH
$6.2B
$4.7B
FLUT
Growing faster (revenue YoY)
FLUT
FLUT
+14.3% gap
FLUT
24.9%
10.6%
PH
Higher net margin
PH
PH
14.4% more per $
PH
14.6%
0.2%
FLUT
Faster 2-yr revenue CAGR
FLUT
FLUT
Annualised
FLUT
18.1%
9.1%
PH

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FLUT
FLUT
PH
PH
Revenue
$4.7B
$6.2B
Net Profit
$10.0M
$904.0M
Gross Margin
44.5%
43.8%
Operating Margin
5.4%
Net Margin
0.2%
14.6%
Revenue YoY
24.9%
10.6%
Net Profit YoY
-93.6%
-5.9%
EPS (diluted)
$0.00
$7.06

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
PH
PH
Q1 26
$6.2B
Q4 25
$4.7B
$5.2B
Q3 25
$3.8B
$5.1B
Q2 25
$4.2B
$5.2B
Q1 25
$3.7B
$5.0B
Q4 24
$3.8B
$4.7B
Q3 24
$3.2B
$4.9B
Q2 24
$3.6B
$5.2B
Net Profit
FLUT
FLUT
PH
PH
Q1 26
$904.0M
Q4 25
$10.0M
Q3 25
$-789.0M
Q2 25
$37.0M
$923.6M
Q1 25
$335.0M
$961.2M
Q4 24
$156.0M
$948.6M
Q3 24
$-114.0M
$698.5M
Q2 24
$297.0M
$785.1M
Gross Margin
FLUT
FLUT
PH
PH
Q1 26
43.8%
Q4 25
44.5%
37.3%
Q3 25
42.9%
37.5%
Q2 25
46.8%
37.3%
Q1 25
46.6%
36.9%
Q4 24
48.2%
36.3%
Q3 24
46.1%
36.8%
Q2 24
49.2%
35.9%
Operating Margin
FLUT
FLUT
PH
PH
Q1 26
Q4 25
5.4%
22.8%
Q3 25
-22.0%
23.3%
Q2 25
9.3%
22.7%
Q1 25
6.1%
22.3%
Q4 24
7.4%
20.9%
Q3 24
3.0%
21.6%
Q2 24
10.2%
21.1%
Net Margin
FLUT
FLUT
PH
PH
Q1 26
14.6%
Q4 25
0.2%
Q3 25
-20.8%
Q2 25
0.9%
17.6%
Q1 25
9.1%
19.4%
Q4 24
4.1%
20.0%
Q3 24
-3.5%
14.2%
Q2 24
8.2%
15.1%
EPS (diluted)
FLUT
FLUT
PH
PH
Q1 26
$7.06
Q4 25
$0.00
$6.60
Q3 25
$-3.91
$6.29
Q2 25
$0.59
$7.16
Q1 25
$1.57
$7.37
Q4 24
$0.47
$7.25
Q3 24
$-0.58
$5.34
Q2 24
$1.45
$6.06

Balance Sheet & Financial Strength

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

Metric
FLUT
FLUT
PH
PH
Cash + ST InvestmentsLiquidity on hand
$1.8B
$476.0M
Total DebtLower is stronger
$12.3B
$6.8B
Stockholders' EquityBook value
$9.0B
$14.6B
Total Assets
$29.3B
$30.7B
Debt / EquityLower = less leverage
1.36×
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLUT
FLUT
PH
PH
Q1 26
$476.0M
Q4 25
$1.8B
$427.0M
Q3 25
$1.7B
$473.0M
Q2 25
$1.7B
$467.0M
Q1 25
$1.5B
$408.7M
Q4 24
$1.5B
$395.5M
Q3 24
$1.5B
$371.1M
Q2 24
$1.5B
$422.0M
Total Debt
FLUT
FLUT
PH
PH
Q1 26
$6.8B
Q4 25
$12.3B
$7.5B
Q3 25
$12.1B
$7.5B
Q2 25
$10.0B
$7.5B
Q1 25
$6.8B
$7.4B
Q4 24
$6.7B
$6.7B
Q3 24
$6.9B
$6.7B
Q2 24
$6.8B
$7.2B
Stockholders' Equity
FLUT
FLUT
PH
PH
Q1 26
$14.6B
Q4 25
$9.0B
$14.3B
Q3 25
$9.2B
$13.8B
Q2 25
$10.2B
$13.7B
Q1 25
$9.9B
$13.4B
Q4 24
$9.3B
$13.1B
Q3 24
$10.2B
$12.9B
Q2 24
$9.9B
$12.1B
Total Assets
FLUT
FLUT
PH
PH
Q1 26
$30.7B
Q4 25
$29.3B
$30.5B
Q3 25
$29.3B
$30.7B
Q2 25
$29.9B
$29.5B
Q1 25
$24.8B
$28.9B
Q4 24
$24.5B
$28.3B
Q3 24
$25.5B
$29.6B
Q2 24
$24.3B
$29.3B
Debt / Equity
FLUT
FLUT
PH
PH
Q1 26
0.46×
Q4 25
1.36×
0.52×
Q3 25
1.31×
0.54×
Q2 25
0.97×
0.55×
Q1 25
0.69×
0.55×
Q4 24
0.72×
0.51×
Q3 24
0.67×
0.52×
Q2 24
0.69×
0.59×

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
PH
PH
Operating Cash FlowLast quarter
$428.0M
$2.6B
Free Cash FlowOCF − Capex
$392.0M
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
0.8%
4.6%
Cash ConversionOCF / Net Profit
42.80×
2.91×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLUT
FLUT
PH
PH
Q1 26
$2.6B
Q4 25
$428.0M
$862.0M
Q3 25
$209.0M
$782.0M
Q2 25
$359.0M
$1.5B
Q1 25
$188.0M
$630.0M
Q4 24
$652.0M
$934.8M
Q3 24
$290.0M
$744.0M
Q2 24
$323.0M
$1.2B
Free Cash Flow
FLUT
FLUT
PH
PH
Q1 26
Q4 25
$392.0M
$768.0M
Q3 25
$196.0M
$693.0M
Q2 25
$322.0M
$1.3B
Q1 25
$169.0M
$542.4M
Q4 24
$595.0M
$813.6M
Q3 24
$253.0M
$648.7M
Q2 24
$295.0M
$1.1B
FCF Margin
FLUT
FLUT
PH
PH
Q1 26
Q4 25
8.3%
14.8%
Q3 25
5.2%
13.6%
Q2 25
7.7%
25.5%
Q1 25
4.6%
10.9%
Q4 24
15.7%
17.2%
Q3 24
7.8%
13.2%
Q2 24
8.2%
21.6%
Capex Intensity
FLUT
FLUT
PH
PH
Q1 26
4.6%
Q4 25
0.8%
1.8%
Q3 25
0.3%
1.8%
Q2 25
0.9%
2.5%
Q1 25
0.5%
1.8%
Q4 24
1.5%
2.6%
Q3 24
1.1%
1.9%
Q2 24
0.8%
2.3%
Cash Conversion
FLUT
FLUT
PH
PH
Q1 26
2.91×
Q4 25
42.80×
Q3 25
Q2 25
9.70×
1.59×
Q1 25
0.56×
0.66×
Q4 24
4.18×
0.99×
Q3 24
1.07×
Q2 24
1.09×
1.58×

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%

PH
PH

Diversified Industrial$3.7B60%
Aerospace Systems$1.8B29%
Other$685.0M11%

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