FLUT vs. RCL: Flutter Entertainment vs. Royal Caribbean Cruises Stock Comparison

June 23, 2026

How do Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL) both belong to the Hotels, Restaurants & Leisure industry, though FLUT is classified under Casinos & Gaming while RCL falls under Hotels, Resorts & Cruise Lines.

Company profile comparison for Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL)
Profile Item	FLUT	RCL
Name	Flutter Entertainment plc	Royal Caribbean Group
Country/Region	United States	United States
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry Group	Consumer Services	Consumer Services
GICS Industry	Hotels, Restaurants & Leisure	Hotels, Restaurants & Leisure
GICS Sub-Industry	Casinos & Gaming	Hotels, Resorts & Cruise Lines
Market Capitalization	16.90 billion USD	82.97 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 4, 2002	April 28, 1993
Security Type	Common Stock	Common Stock

Performance

Cumulative Growth

FLUT

RCL

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL). Returns over one year are annualized.

Performance at a Glance

Performance metrics for Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL)
Metric	FLUT	RCL
Total Return (1Y)	-63.06%	15.51%

Risk

Drawdown

FLUT

RCL

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Risk at a Glance

Risk metrics for Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL)
Metric	FLUT	RCL
Volatility (1Y, Annualized)	43.61%	47.19%
Beta (5Y)	1.10	1.76
Avg. Volume (3M)	2.98M	2.71M

Profitability

ROE (TTM)

Flutter Entertainment (FLUT) reports a negative ROE of -4.96%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Royal Caribbean Cruises (RCL) reports 49.58%, ranking against industry peers normally.

FLUT

Consumer Services industry group

-4.96%

Max: 52.89%
Q3: 29.38%
Median: 13.03%
Q1: 3.96%
FLUT: -4.96%
Min: -26.11%

RCL

Consumer Services industry group

49.58%

Max: 52.89%
RCL: 49.58%
Q3: 29.38%
Median: 13.03%
Q1: 3.96%
Min: -26.11%

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their ROE against the Consumer Services industry group benchmark.

Net Margin (TTM)

Flutter Entertainment (FLUT) reports a negative net margin of -2.20%, usually indicating a net loss over the period. Meanwhile Royal Caribbean Cruises (RCL) reports 24.36%, ranking against industry peers normally.

FLUT

Consumer Services industry group

-2.20%

Max: 24.36%
Q3: 12.30%
Median: 6.13%
Q1: 1.10%
FLUT: -2.20%
Min: -15.48%

RCL

Consumer Services industry group

24.36%

RCL: 24.36%
Max: 24.36%
Q3: 12.30%
Median: 6.13%
Q1: 1.10%
Min: -15.48%

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their net margin against the Consumer Services industry group benchmark.

Operating Margin (TTM)

Royal Caribbean Cruises (RCL) at 26.17% carries a top-quartile operating margin, while Flutter Entertainment (FLUT) at 2.32% operates in the bottom quartile.

FLUT

Consumer Services industry group

2.32%

Max: 43.24%
Q3: 19.86%
Median: 11.37%
Q1: 3.86%
FLUT: 2.32%
Min: -19.69%

RCL

Consumer Services industry group

26.17%

Max: 43.24%
RCL: 26.17%
Q3: 19.86%
Median: 11.37%
Q1: 3.86%
Min: -19.69%

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their operating margin against the Consumer Services industry group benchmark.

Profitability at a Glance

Profitability metrics for Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL)
Metric	FLUT	RCL
ROE (TTM)	-4.96%	49.58%
ROA (TTM)	1.15%	8.08%
Net Margin (TTM)	-2.20%	24.36%
Operating Margin (TTM)	2.32%	26.17%
Gross Margin (TTM)	44.25%	50.91%

Growth

Revenue Growth

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

Revenue growth metrics for Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL)
Metric	FLUT	RCL
Revenue Growth (YoY)	16.62%	8.79%
Revenue Growth (3Y CAGR)	20.08%	26.59%

EPS Growth

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

EPS growth metrics for Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL)
Metric	FLUT	RCL
EPS Growth (YoY)	-829.17%	41.91%
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Flutter Entertainment (FLUT) at 0.90 keeps current ratio within its industry’s typical mid-range, while Royal Caribbean Cruises (RCL) at 0.20 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for RCL.

FLUT

Consumer Services industry group

0.90

Max: 3.32
Q3: 1.79
Median: 1.00
FLUT: 0.90
Q1: 0.71
Min: 0.20

RCL

Consumer Services industry group

0.20

Max: 3.32
Q3: 1.79
Median: 1.00
Q1: 0.71
RCL: 0.20
Min: 0.20

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their current ratio against the Consumer Services industry group benchmark.

Debt / Equity (MRQ)

Both Flutter Entertainment (FLUT) at 1.29 and Royal Caribbean Cruises (RCL) at 2.17 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

FLUT

Consumer Services industry group

1.29

Max: 7.23
Q3: 3.21
FLUT: 1.29
Median: 1.27
Q1: 0.34
Min: 0.01

RCL

Consumer Services industry group

2.17

Max: 7.23
Q3: 3.21
RCL: 2.17
Median: 1.27
Q1: 0.34
Min: 0.01

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their debt-to-equity ratio against the Consumer Services industry group benchmark.

Financial Strength at a Glance

Financial strength metrics for Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL)
Metric	FLUT	RCL
Current Ratio (MRQ)	0.90	0.20
Debt / Equity (MRQ)	1.29	2.17
Net Debt / EBITDA	5.18	3.08

Dividends

Dividend Yield (TTM)

Flutter Entertainment (FLUT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Royal Caribbean Cruises (RCL) reports a yield of 1.36%, ranking against industry peers normally.

FLUT

Consumer Services industry group

0.00%

Max: 3.85%
Q3: 1.62%
FLUT: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

RCL

Consumer Services industry group

1.36%

Max: 3.85%
Q3: 1.62%
RCL: 1.36%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their dividend yield against the Consumer Services industry group benchmark.

Dividend Payout Ratio (TTM)

Flutter Entertainment (FLUT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Royal Caribbean Cruises (RCL) reports a payout of 25.93%, ranking against industry peers normally.

FLUT

Consumer Services industry group

0.00%

Max: 81.13%
Q3: 34.20%
FLUT: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

RCL

Consumer Services industry group

25.93%

Max: 81.13%
Q3: 34.20%
RCL: 25.93%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their payout ratio against the Consumer Services industry group benchmark.

Dividends at a Glance

Dividend metrics for Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL)
Metric	FLUT	RCL
Dividend Yield (TTM)	0.00%	1.36%
Dividend Payout Ratio (TTM)	0.00%	25.93%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Royal Caribbean Cruises (RCL) trades at 18.86 times trailing earnings, ranked against its peers, while Flutter Entertainment (FLUT) has no P/E ratio this period.

FLUT

Consumer Services industry group

Max: 69.33
Q3: 40.10
Median: 22.27
Q1: 16.31
Min: 3.82
FLUT: --

RCL

Consumer Services industry group

18.86

Max: 69.33
Q3: 40.10
Median: 22.27
RCL: 18.86
Q1: 16.31
Min: 3.82

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): FLUT does not report P/E ratio, so it has no value marker; RCL is benchmarked against the Consumer Services industry group.

P/S Ratio (TTM)

Flutter Entertainment (FLUT) at 0.99 is priced about in line with its industry on P/S ratio, while Royal Caribbean Cruises (RCL) at 4.51 sits in the pricier quartile — RCL costs more per dollar of sales.

FLUT

Consumer Services industry group

0.99

Max: 6.20
Q3: 3.09
Median: 1.75
FLUT: 0.99
Q1: 0.84
Min: 0.06

RCL

Consumer Services industry group

4.51

Max: 6.20
RCL: 4.51
Q3: 3.09
Median: 1.75
Q1: 0.84
Min: 0.06

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their P/S ratio against the Consumer Services industry group benchmark.

P/B Ratio (MRQ)

Flutter Entertainment (FLUT) at 1.87 is valued about in line with its industry on P/B ratio, while Royal Caribbean Cruises (RCL) at 8.46 carries an above-peer premium to book — RCL is pricier on assets.

FLUT

Consumer Services industry group

1.87

Max: 13.76
Q3: 6.43
Median: 2.54
FLUT: 1.87
Q1: 1.04
Min: -5.70

RCL

Consumer Services industry group

8.46

Max: 13.76
RCL: 8.46
Q3: 6.43
Median: 2.54
Q1: 1.04
Min: -5.70

Flutter Entertainment (FLUT) vs. Royal Caribbean Cruises (RCL): A comparison of their P/B ratio against the Consumer Services industry group benchmark.

Valuation at a Glance

Valuation metrics for Flutter Entertainment (FLUT) and Royal Caribbean Cruises (RCL)
Metric	FLUT	RCL
P/E Ratio (TTM)	--	18.86
P/S Ratio (TTM)	0.99	4.51
P/B Ratio (MRQ)	1.87	8.46
Free Cash Flow Yield (TTM)	-5.19%	-0.23%