Netflix, Inc. (NFLX)

Netflix Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Quarter	Current	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Jan 26, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Market Capitalization	361,839	397,291	509,453	569,895	398,896	381,002	304,394	290,807	262,828	213,097	168,163	195,816	153,858	131,228	104,701	77,690	166,304	266,852	270,134	234,210	231,041
Market Cap Growth	-3.72%	4.28%	67.37%	95.97%	51.77%	78.79%	81.01%	48.51%	70.83%	62.39%	60.61%	152.05%	-7.48%	-50.82%	-61.24%	-66.83%	-28.02%	11.70%	22.50%	17.03%	40.22%
Enterprise Value	369,753	405,051	517,996	578,948	407,308	390,287	314,262	300,272	272,663	221,994	176,580	204,944	164,732	141,546	115,791	88,981	178,393	277,332	280,300	243,545	241,346
Last Close Price	85.70	93.76	119.89	133.91	93.25	89.13	70.93	67.49	60.73	48.69	37.76	44.05	34.55	29.49	23.54	17.49	37.46	60.24	61.03	52.82	52.17
PE Ratio	33.87	36.18	48.84	55.61	43.03	43.74	39.12	40.99	40.84	39.40	37.16	46.12	36.64	29.21	20.76	15.25	33.22	52.16	53.48	53.33	61.46
Forward PE	27.44	30.51	41.23	50.14	37.53	39.12	33.90	35.03	35.23	32.36	27.65	36.23	30.29	31.56	24.48	16.43	33.59	52.17	57.12	51.13	52.40
PS Ratio	8.06	8.79	11.74	13.67	9.93	9.77	8.10	8.01	7.52	6.32	5.14	6.10	4.82	4.15	3.33	2.50	5.47	8.99	9.43	8.49	8.75
PB Ratio	13.60	14.93	19.63	22.84	16.60	15.40	13.40	13.15	12.30	10.35	7.61	8.58	7.05	6.32	5.10	4.07	9.48	16.84	17.64	16.89	17.93
P/TBV Ratio	24.99	27.44	36.99	44.95	34.28	30.92	29.23	29.81	29.81	27.09	17.43	19.18	16.55	16.31	13.16	12.84	35.99	130.17	122.59	311.20	-
P/FCF Ratio	38.25	41.99	56.81	67.04	53.57	55.04	42.72	42.65	37.84	30.77	29.62	45.97	52.45	81.08	146.03	484.92	-	-	1786.01	168.48	93.79
P/OCF Ratio	35.65	39.15	53.21	62.83	50.25	51.76	40.65	40.62	35.96	29.30	27.77	42.39	46.88	64.76	88.80	110.25	309.01	679.69	410.41	127.32	78.47
PEG Ratio	1.24	1.28	1.63	2.26	1.56	1.53	1.24	1.19	1.19	1.38	1.00	1.34	1.22	1.55	1.05	0.79	1.11	1.49	1.61	1.51	1.64
EV/Sales Ratio	8.18	8.97	11.94	13.89	10.14	10.01	8.36	8.27	7.81	6.58	5.39	6.38	5.16	4.48	3.68	2.87	5.87	9.34	9.79	8.83	9.15
EV/EBITDA Ratio	27.07	29.65	39.94	45.86	35.56	36.32	31.50	33.39	33.15	30.37	27.71	34.26	28.76	23.71	19.23	14.28	27.64	43.31	41.88	39.21	42.27
EV/EBIT Ratio	27.75	30.39	40.97	47.05	36.59	37.46	32.60	34.72	34.64	31.92	29.39	36.44	30.65	25.13	20.26	14.99	28.74	44.77	43.01	40.08	43.20
EV/FCF Ratio	39.08	42.81	57.77	68.11	54.70	56.39	44.11	44.03	39.26	32.05	31.11	48.11	56.15	87.45	161.49	555.39	-	-	1853.22	175.19	97.97
Debt / Equity Ratio	0.64	0.64	0.66	0.68	0.73	0.73	0.82	0.75	0.77	0.82	0.76	0.74	0.78	0.82	0.80	0.89	0.99	1.14	1.18	1.29	1.38
Debt / EBITDA Ratio	1.18	1.18	1.25	1.27	1.44	1.58	1.74	1.71	1.86	2.14	2.38	2.57	2.67	2.57	2.47	2.48	2.46	2.61	2.47	2.66	2.86
Debt / FCF Ratio	1.79	1.79	1.91	1.99	2.34	2.60	2.60	2.42	2.38	2.45	2.95	3.99	5.78	10.46	22.92	105.54	-	-	119.05	12.91	7.20
Asset Turnover	0.83	0.83	0.81	0.82	0.80	0.76	0.74	0.73	0.71	0.69	0.68	0.66	0.67	0.68	0.70	0.71	0.71	0.71	0.70	0.71	0.70
Quick Ratio	1.06	1.06	1.13	1.12	1.01	1.08	0.98	0.78	0.89	1.01	1.08	1.13	1.07	0.96	0.90	0.88	0.88	0.81	1.03	1.09	1.16
Current Ratio	1.19	1.19	1.33	1.34	1.20	1.22	1.13	0.95	1.07	1.12	1.29	1.33	1.26	1.17	1.14	1.05	1.05	0.95	1.17	1.23	1.27
Return on Equity (ROE)	42.76%	42.76%	42.86%	43.55%	40.84%	38.44%	34.71%	31.57%	29.80%	26.15%	21.23%	20.27%	21.33%	24.53%	28.15%	30.93%	32.91%	38.02%	39.39%	37.86%	35.31%
Return on Assets (ROA)	15.25%	15.25%	14.74%	15.05%	13.79%	12.72%	11.84%	10.82%	10.01%	8.93%	7.74%	7.23%	7.09%	7.56%	7.91%	8.50%	9.08%	9.23%	10.01%	9.72%	9.29%
Return on Invested Capital (ROIC)	33.71%	33.71%	32.46%	32.42%	29.49%	27.95%	26.11%	23.87%	22.50%	19.73%	17.14%	15.97%	15.17%	15.38%	16.36%	17.63%	18.92%	20.20%	22.80%	23.10%	21.71%
Return on Capital Employed (ROCE)	29.90%	29.90%	28.00%	27.90%	26.30%	24.30%	23.20%	22.20%	19.90%	17.40%	14.60%	13.30%	13.10%	13.90%	14.40%	15.30%	16.50%	17.20%	18.80%	18.30%	17.40%
Earnings Yield	3.03%	2.76%	2.05%	1.80%	2.32%	2.29%	2.56%	2.44%	2.45%	2.54%	2.69%	2.17%	2.73%	3.42%	4.82%	6.56%	3.01%	1.92%	1.87%	1.88%	1.63%
FCF Yield	2.61%	2.38%	1.76%	1.49%	1.87%	1.82%	2.34%	2.34%	2.64%	3.25%	3.38%	2.18%	1.91%	1.23%	0.69%	0.21%	-0.02%	-0.05%	0.06%	0.59%	1.07%
Buyback Yield / Dilution	1.11%	1.11%	1.12%	1.57%	1.95%	2.28%	2.34%	1.69%	0.96%	0.40%	0.20%	0.43%	0.78%	0.90%	0.64%	0.40%	0.06%	-0.26%	-0.45%	-0.65%	-0.68%

Updated Jan 20, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q