vs
Side-by-side financial comparison of Flutter Entertainment plc (FLUT) and UGI CORP (UGI). Click either name above to swap in a different company.
Flutter Entertainment plc is the larger business by last-quarter revenue ($4.7B vs $2.7B, roughly 1.8× UGI CORP). UGI CORP runs the higher net margin — 19.4% vs 0.2%, a 19.2% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs 0.7%). Over the past eight quarters, UGI CORP's revenue compounded faster (40.9% CAGR vs 18.1%).
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.
UGI Corporation is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe.
FLUT vs UGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.7B | $2.7B |
| Net Profit | $10.0M | $520.0M |
| Gross Margin | 44.5% | — |
| Operating Margin | 5.4% | 9.3% |
| Net Margin | 0.2% | 19.4% |
| Revenue YoY | 24.9% | 0.7% |
| Net Profit YoY | -93.6% | -2.4% |
| EPS (diluted) | $0.00 | $2.33 |
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.
| Q1 26 | — | $2.7B | ||
| Q4 25 | $4.7B | $2.1B | ||
| Q3 25 | $3.8B | $1.2B | ||
| Q2 25 | $4.2B | $1.4B | ||
| Q1 25 | $3.7B | $2.6B | ||
| Q4 24 | $3.8B | $2.0B | ||
| Q3 24 | $3.2B | $1.2B | ||
| Q2 24 | $3.6B | $1.4B |
| Q1 26 | — | $520.0M | ||
| Q4 25 | $10.0M | $297.0M | ||
| Q3 25 | $-789.0M | $-13.0M | ||
| Q2 25 | $37.0M | $-163.0M | ||
| Q1 25 | $335.0M | $479.0M | ||
| Q4 24 | $156.0M | $375.0M | ||
| Q3 24 | $-114.0M | $-273.0M | ||
| Q2 24 | $297.0M | $-48.0M |
| Q1 26 | — | — | ||
| 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 26 | — | 9.3% | ||
| Q4 25 | 5.4% | 22.0% | ||
| Q3 25 | -22.0% | 1.1% | ||
| Q2 25 | 9.3% | -6.8% | ||
| Q1 25 | 6.1% | 26.6% | ||
| Q4 24 | 7.4% | 24.5% | ||
| Q3 24 | 3.0% | -20.4% | ||
| Q2 24 | 10.2% | 5.0% |
| Q1 26 | — | 19.4% | ||
| Q4 25 | 0.2% | 14.4% | ||
| Q3 25 | -20.8% | -1.1% | ||
| Q2 25 | 0.9% | -12.0% | ||
| Q1 25 | 9.1% | 18.2% | ||
| Q4 24 | 4.1% | 18.9% | ||
| Q3 24 | -3.5% | -22.6% | ||
| Q2 24 | 8.2% | -3.6% |
| Q1 26 | — | $2.33 | ||
| Q4 25 | $0.00 | $1.34 | ||
| Q3 25 | $-3.91 | $-0.08 | ||
| Q2 25 | $0.59 | $-0.76 | ||
| Q1 25 | $1.57 | $2.19 | ||
| Q4 24 | $0.47 | $1.74 | ||
| Q3 24 | $-0.58 | $-1.26 | ||
| Q2 24 | $1.45 | $-0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.8B | — |
| Total DebtLower is stronger | $12.3B | — |
| Stockholders' EquityBook value | $9.0B | — |
| Total Assets | $29.3B | — |
| Debt / EquityLower = less leverage | 1.36× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $251.0M | ||
| Q3 25 | $1.7B | $335.0M | ||
| Q2 25 | $1.7B | $350.0M | ||
| Q1 25 | $1.5B | $426.0M | ||
| Q4 24 | $1.5B | $240.0M | ||
| Q3 24 | $1.5B | $213.0M | ||
| Q2 24 | $1.5B | $183.0M |
| Q1 26 | — | — | ||
| Q4 25 | $12.3B | $6.0B | ||
| Q3 25 | $12.1B | $6.5B | ||
| Q2 25 | $10.0B | $5.7B | ||
| Q1 25 | $6.8B | $6.6B | ||
| Q4 24 | $6.7B | $6.6B | ||
| Q3 24 | $6.9B | $6.4B | ||
| Q2 24 | $6.8B | $6.3B |
| Q1 26 | — | — | ||
| Q4 25 | $9.0B | $5.0B | ||
| Q3 25 | $9.2B | $4.8B | ||
| Q2 25 | $10.2B | $4.9B | ||
| Q1 25 | $9.9B | $5.0B | ||
| Q4 24 | $9.3B | $4.6B | ||
| Q3 24 | $10.2B | $4.3B | ||
| Q2 24 | $9.9B | $4.7B |
| Q1 26 | — | — | ||
| Q4 25 | $29.3B | $15.8B | ||
| Q3 25 | $29.3B | $15.5B | ||
| Q2 25 | $29.9B | $15.4B | ||
| Q1 25 | $24.8B | $15.7B | ||
| Q4 24 | $24.5B | $15.4B | ||
| Q3 24 | $25.5B | $15.1B | ||
| Q2 24 | $24.3B | $15.1B |
| Q1 26 | — | — | ||
| Q4 25 | 1.36× | 1.19× | ||
| Q3 25 | 1.31× | 1.37× | ||
| Q2 25 | 0.97× | 1.17× | ||
| Q1 25 | 0.69× | 1.32× | ||
| Q4 24 | 0.72× | 1.44× | ||
| Q3 24 | 0.67× | 1.48× | ||
| Q2 24 | 0.69× | 1.34× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $428.0M | — |
| Free Cash FlowOCF − Capex | $392.0M | — |
| FCF MarginFCF / Revenue | 8.3% | — |
| Capex IntensityCapex / Revenue | 0.8% | 4.7% |
| Cash ConversionOCF / Net Profit | 42.80× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.1B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $428.0M | $66.0M | ||
| Q3 25 | $209.0M | $90.0M | ||
| Q2 25 | $359.0M | $289.0M | ||
| Q1 25 | $188.0M | $684.0M | ||
| Q4 24 | $652.0M | $164.0M | ||
| Q3 24 | $290.0M | $151.0M | ||
| Q2 24 | $323.0M | $390.0M |
| Q1 26 | — | — | ||
| Q4 25 | $392.0M | $-155.0M | ||
| Q3 25 | $196.0M | $-168.0M | ||
| Q2 25 | $322.0M | $67.0M | ||
| Q1 25 | $169.0M | $538.0M | ||
| Q4 24 | $595.0M | $-47.0M | ||
| Q3 24 | $253.0M | $-115.0M | ||
| Q2 24 | $295.0M | $185.0M |
| Q1 26 | — | — | ||
| Q4 25 | 8.3% | -7.5% | ||
| Q3 25 | 5.2% | -14.4% | ||
| Q2 25 | 7.7% | 4.9% | ||
| Q1 25 | 4.6% | 20.4% | ||
| Q4 24 | 15.7% | -2.4% | ||
| Q3 24 | 7.8% | -9.5% | ||
| Q2 24 | 8.2% | 13.7% |
| Q1 26 | — | 4.7% | ||
| Q4 25 | 0.8% | 10.7% | ||
| Q3 25 | 0.3% | 22.1% | ||
| Q2 25 | 0.9% | 16.3% | ||
| Q1 25 | 0.5% | 5.5% | ||
| Q4 24 | 1.5% | 10.6% | ||
| Q3 24 | 1.1% | 22.0% | ||
| Q2 24 | 0.8% | 15.2% |
| Q1 26 | — | — | ||
| Q4 25 | 42.80× | 0.22× | ||
| Q3 25 | — | — | ||
| Q2 25 | 9.70× | — | ||
| Q1 25 | 0.56× | 1.43× | ||
| Q4 24 | 4.18× | 0.44× | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.09× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLUT
| Other | $2.6B | 55% |
| Sports Book | $1.5B | 32% |
| Igaming | $586.0M | 12% |
| Service Other | $59.0M | 1% |
UGI
| Utilities | $880.0M | 33% |
| AmeriGas Propane | $759.0M | 28% |
| UGI International | $621.0M | 23% |
| Other | $425.0M | 16% |
