The Filing Desk

Flutter Entertainment vs Wynn Resorts

Flutter Entertainment FLUT · Wynn Resorts WYNN · Casinos & Gaming

Flutter Entertainment reported revenue of $16.4 billion in fiscal 2025, 2.3 times Wynn Resorts' $7.1 billion in fiscal 2025. Flutter Entertainment's revenue grew 16.6% in its latest year, and Wynn Resorts' grew 0.1%. Flutter Entertainment had an operating margin of 0.2%, against 15.7% at Wynn Resorts. Free cash flow was $1.1 billion at Flutter Entertainment and $692 million at Wynn Resorts.

Side by side

Flutter EntertainmentWynn Resorts
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$16.4B$7.1B
Revenue growth16.6%0.1%
Revenue growth a year, last 5 years51.8%27.8%
Gross margin45.2%—
Operating margin0.2%15.7%
Net margin−1.9%4.6%
Free cash flow$1.1B$692M
Free cash flow margin6.6%9.7%
Return on capital0.2%11.6%
Net debt to EBITDA6.7x5.3x
Dividends and buybacks$1.1B$555M
Change in diluted share count−1.7%−5.5%
Last close$80.18$74.20
P/E at the last close—17.8×
Insider trades, last 12 monthsbought $1.0 million, sold $3.1 million—
Piotroski F-score5 of 95 of 8
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
Flutter EntertainmentWynn Resorts
Operating margin
Percent of revenue
Flutter EntertainmentWynn Resorts
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Flutter EntertainmentWynn Resorts

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Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Flutter Entertainment and Wynn Resorts pages.