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Flutter Entertainment plc（FLUT）与Leidos（LDOS）财务数据对比。点击上方公司名可切换其他公司
Flutter Entertainment plc的季度营收约是Leidos的1.1倍（$4.7B vs $4.2B），Leidos净利率更高（7.8% vs 0.2%，领先7.6%），Flutter Entertainment plc同比增速更快（24.9% vs -3.5%），Leidos自由现金流更多（$452.0M vs $392.0M），过去两年Flutter Entertainment plc的营收复合增速更高（18.1% vs 3.1%）
Flutter Entertainment plc是爱尔兰裔美国跨国体育博彩及娱乐博彩企业，于纽约证券交易所主上市，同时在伦敦证券交易所第二上市，旗下拥有Betfair、FanDuel、Paddy Power、PokerStars、Sky Betting & Gaming、Sportsbet等知名品牌，是全球规模最大的在线博彩运营商。
Leidos Holdings, Inc.是总部位于美国弗吉尼亚州雷斯顿的企业，业务覆盖国防、航空、信息技术、生物医学研究领域，提供科研、工程、系统集成及技术服务。其前身为科学应用国际公司（SAIC），2016年8月与洛克希德·马丁旗下IT业务板块合并，成为国防行业规模最大的IT服务提供商。
FLUT vs LDOS — 直观对比
营收规模更大
FLUT
是对方的1.1倍
$4.2B
营收增速更快
FLUT
高出28.4%
-3.5%
净利率更高
LDOS
高出7.6%
0.2%
自由现金流更多
LDOS
多$60.0M
$392.0M
两年增速更快
FLUT
近两年复合增速
3.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.7B | $4.2B |
| 净利润 | $10.0M | $327.0M |
| 毛利率 | 44.5% | 17.4% |
| 营业利润率 | 5.4% | 11.3% |
| 净利率 | 0.2% | 7.8% |
| 营收同比 | 24.9% | -3.5% |
| 净利润同比 | -93.6% | 15.1% |
| 每股收益（稀释后） | $0.00 | $2.54 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FLUTLDOS
| Q1 26 | — | $4.2B | ||
| Q4 25 | $4.7B | $4.4B | ||
| Q3 25 | $3.8B | $4.2B | ||
| Q2 25 | $4.2B | $4.2B | ||
| Q1 25 | $3.7B | $4.3B | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.2B | $4.2B | ||
| Q2 24 | $3.6B | $4.1B |
净利润FLUTLDOS
| Q1 26 | — | $327.0M | ||
| Q4 25 | $10.0M | $367.0M | ||
| Q3 25 | $-789.0M | $391.0M | ||
| Q2 25 | $37.0M | $363.0M | ||
| Q1 25 | $335.0M | $284.0M | ||
| Q4 24 | $156.0M | — | ||
| Q3 24 | $-114.0M | $364.0M | ||
| Q2 24 | $297.0M | $322.0M |
毛利率FLUTLDOS
| Q1 26 | — | 17.4% | ||
| Q4 25 | 44.5% | 18.0% | ||
| Q3 25 | 42.9% | 18.0% | ||
| Q2 25 | 46.8% | 17.5% | ||
| Q1 25 | 46.6% | 15.6% | ||
| Q4 24 | 48.2% | — | ||
| Q3 24 | 46.1% | 17.8% | ||
| Q2 24 | 49.2% | 16.6% |
营业利润率FLUTLDOS
| Q1 26 | — | 11.3% | ||
| Q4 25 | 5.4% | 12.0% | ||
| Q3 25 | -22.0% | 13.5% | ||
| Q2 25 | 9.3% | 12.5% | ||
| Q1 25 | 6.1% | 9.7% | ||
| Q4 24 | 7.4% | — | ||
| Q3 24 | 3.0% | 12.4% | ||
| Q2 24 | 10.2% | 11.6% |
净利率FLUTLDOS
| Q1 26 | — | 7.8% | ||
| Q4 25 | 0.2% | 8.2% | ||
| Q3 25 | -20.8% | 9.2% | ||
| Q2 25 | 0.9% | 8.6% | ||
| Q1 25 | 9.1% | 6.5% | ||
| Q4 24 | 4.1% | — | ||
| Q3 24 | -3.5% | 8.7% | ||
| Q2 24 | 8.2% | 7.8% |
每股收益（稀释后）FLUTLDOS
| Q1 26 | — | $2.54 | ||
| Q4 25 | $0.00 | $2.82 | ||
| Q3 25 | $-3.91 | $3.01 | ||
| Q2 25 | $0.59 | $2.77 | ||
| Q1 25 | $1.57 | $2.10 | ||
| Q4 24 | $0.47 | — | ||
| Q3 24 | $-0.58 | $2.68 | ||
| Q2 24 | $1.45 | $2.37 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.8B | $1.1B |
| 总债务越低越好 | $12.3B | $4.6B |
| 股东权益账面价值 | $9.0B | $4.9B |
| 总资产 | $29.3B | $13.5B |
| 负债/权益比越低杠杆越低 | 1.36× | 0.94× |
8季度趋势，按日历期对齐
现金及短期投资FLUTLDOS
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.8B | $974.0M | ||
| Q3 25 | $1.7B | $930.0M | ||
| Q2 25 | $1.7B | $842.0M | ||
| Q1 25 | $1.5B | $943.0M | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.5B | $823.0M |
总债务FLUTLDOS
| Q1 26 | — | $4.6B | ||
| Q4 25 | $12.3B | $4.6B | ||
| Q3 25 | $12.1B | $5.0B | ||
| Q2 25 | $10.0B | $5.0B | ||
| Q1 25 | $6.8B | $4.1B | ||
| Q4 24 | $6.7B | — | ||
| Q3 24 | $6.9B | $4.1B | ||
| Q2 24 | $6.8B | $4.1B |
股东权益FLUTLDOS
| Q1 26 | — | $4.9B | ||
| Q4 25 | $9.0B | $4.9B | ||
| Q3 25 | $9.2B | $4.7B | ||
| Q2 25 | $10.2B | $4.3B | ||
| Q1 25 | $9.9B | $4.4B | ||
| Q4 24 | $9.3B | — | ||
| Q3 24 | $10.2B | $4.6B | ||
| Q2 24 | $9.9B | $4.5B |
总资产FLUTLDOS
| Q1 26 | — | $13.5B | ||
| Q4 25 | $29.3B | $13.5B | ||
| Q3 25 | $29.3B | $13.5B | ||
| Q2 25 | $29.9B | $13.2B | ||
| Q1 25 | $24.8B | $13.1B | ||
| Q4 24 | $24.5B | — | ||
| Q3 24 | $25.5B | $13.3B | ||
| Q2 24 | $24.3B | $12.9B |
负债/权益比FLUTLDOS
| Q1 26 | — | 0.94× | ||
| Q4 25 | 1.36× | 0.94× | ||
| Q3 25 | 1.31× | 1.07× | ||
| Q2 25 | 0.97× | 1.18× | ||
| Q1 25 | 0.69× | 0.92× | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.67× | 0.88× | ||
| Q2 24 | 0.69× | 0.92× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $428.0M | $495.0M |
| 自由现金流经营现金流 - 资本支出 | $392.0M | $452.0M |
| 自由现金流率自由现金流/营收 | 8.3% | 10.8% |
| 资本支出强度资本支出/营收 | 0.8% | 1.0% |
| 现金转化率经营现金流/净利润 | 42.80× | 1.51× |
| 过去12个月自由现金流最近4个季度 | $1.1B | — |
8季度趋势，按日历期对齐
经营现金流FLUTLDOS
| Q1 26 | — | $495.0M | ||
| Q4 25 | $428.0M | — | ||
| Q3 25 | $209.0M | $711.0M | ||
| Q2 25 | $359.0M | $58.0M | ||
| Q1 25 | $188.0M | $299.0M | ||
| Q4 24 | $652.0M | — | ||
| Q3 24 | $290.0M | $656.0M | ||
| Q2 24 | $323.0M | $374.0M |
自由现金流FLUTLDOS
| Q1 26 | — | $452.0M | ||
| Q4 25 | $392.0M | — | ||
| Q3 25 | $196.0M | $680.0M | ||
| Q2 25 | $322.0M | $36.0M | ||
| Q1 25 | $169.0M | $213.0M | ||
| Q4 24 | $595.0M | — | ||
| Q3 24 | $253.0M | $633.0M | ||
| Q2 24 | $295.0M | $351.0M |
自由现金流率FLUTLDOS
| Q1 26 | — | 10.8% | ||
| Q4 25 | 8.3% | — | ||
| Q3 25 | 5.2% | 16.1% | ||
| Q2 25 | 7.7% | 0.9% | ||
| Q1 25 | 4.6% | 4.9% | ||
| Q4 24 | 15.7% | — | ||
| Q3 24 | 7.8% | 15.2% | ||
| Q2 24 | 8.2% | 8.5% |
资本支出强度FLUTLDOS
| Q1 26 | — | 1.0% | ||
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.3% | 0.7% | ||
| Q2 25 | 0.9% | 0.5% | ||
| Q1 25 | 0.5% | 2.0% | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 1.1% | 0.6% | ||
| Q2 24 | 0.8% | 0.6% |
现金转化率FLUTLDOS
| Q1 26 | — | 1.51× | ||
| Q4 25 | 42.80× | — | ||
| Q3 25 | — | 1.82× | ||
| Q2 25 | 9.70× | 0.16× | ||
| Q1 25 | 0.56× | 1.05× | ||
| Q4 24 | 4.18× | — | ||
| Q3 24 | — | 1.80× | ||
| Q2 24 | 1.09× | 1.16× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FLUT
| Other | $2.6B | 55% |
| Sports Book | $1.5B | 32% |
| Igaming | $586.0M | 12% |
| Service Other | $59.0M | 1% |
LDOS
| US Do D And US Intelligence Community | $1.4B | 32% |
| Cost Reimbursement And Fixed Price Incentive Fee | $1.0B | 24% |
| Commercial And International Segment | $609.0M | 15% |
| Defense Systems Segment | $546.0M | 13% |
| Other | $358.0M | 9% |
| Time And Materials And Fixed Price Level Of Effort | $295.0M | 7% |
| Commercial And Non US Customers | $38.0M | 1% |
