Netflix, Inc.
NFLXNASDAQ
$66.95
Last price · USD
- Market cap
- $289.0B
- P/E
- 26.5x
- EV / EBITDA
- 9.7x
- P/S
- 6.4x
- FCF yield
- 3.3%
- Div. yield
- 0.00%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Revenue
$45.18B
+15.9%
4Y CAGR +11.1%
Gross profit
$21.91B
+22.0%
4Y CAGR +15.4%
Operating income
$13.33B
+27.9%
4Y CAGR +21.1%
Net income
$10.98B
+26.1%
4Y CAGR +21.0%
EPS (diluted)
$2.53
+27.8%
4Y CAGR +22.6%
Free cash flow
$9.46B
+36.7%
4Y CAGR —
Revenue & net income
Fiscal 2021–2025 · USD
RevenueNet income
Valuation
At $66.95 · FY2025 fundamentals
- Market cap
- $289.0B
- Enterprise value
- $294.5B
- P/E
- 26.5x
- P/S
- 6.4x
- P/B
- 10.9x
- EV / EBITDA
- 9.7x
- EV / Sales
- 6.5x
- Earnings yield
- 3.8%
- FCF yield
- 3.3%
- Shareholder yield
- 3.2%
Profitability
Margins as a share of revenue
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Gross margin | 48.5%+6.9pp | 41.6% | |
| Operating margin | 29.5%+8.6pp | 20.9% | |
| EBITDA margin | 67.0%+2.8pp | 64.1% | |
| Net margin | 24.3%+7.1pp | 17.2% | |
| FCF margin | 20.9%+21.4pp | -0.4% |
Returns & financial health
FY2025 with 4-year trend
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Return on equity | 41.3% | 32.3% | |
| Return on invested capital | 35.9% | 19.4% | |
| Return on assets | 19.8% | 11.5% | |
| Debt / equity | 0.54x | 1.14x | |
| Net debt / EBITDA | 0.18x | 0.63x | |
| Current ratio | 1.19x | 0.95x |
Cash & equivalents
$9.03B
Total debt
$14.46B
Capital allocation
How NFLX used its cash in FY2025
- Operating cash flow
- $10.15B
- Capital expenditure
- $688M
- Dividends paid
- $0.00
- Share repurchases
- $9.13B
- Stock-based compensation
- $368M
- Diluted shares
- 4.32B
- Share count change (4Y)
- -5.2%
Analyst estimates
Consensus for upcoming fiscal years
| Fiscal year | Revenue | Growth | EPS | Growth |
|---|---|---|---|---|
| FY2025 actual | $45.18B | $2.53 | ||
| FY2026E28 analysts | $51.15B | +13.2% | $3.60 | +42.1% |
| FY2027E34 analysts | $56.63B | +10.7% | $3.76 | +4.7% |
| FY2028E31 analysts | $62.22B | +9.9% | $4.48 | +18.9% |
About Netflix, Inc.
Communication Services · Entertainment
Netflix, Inc. serves as a worldwide entertainment provider. Its comprehensive library features television series, motion pictures, documentaries, and mobile games, spanning numerous genres and languages.
netflix.com- Sector
- Communication Services
- Industry
- Entertainment
- CEO
- Theodore A. Sarandos
- Employees
- 16,000
- Headquarters
- Los Gatos, CA, US
- IPO date
- 2002-05-23
Netflix, Inc. (NFLX) — frequently asked questions
Answered from the company's SEC filings
Netflix, Inc. serves as a worldwide entertainment provider.
Explore the full income statement, balance sheet and cash flow statement. Not investment advice.