Netflix (NFC) Ratios
Netflix Ratios
DE:NFC's free cash flow for Q3 2026 was $2.88B. For the 2026 fiscal year, DE:NFC's free cash flow was decreased by $-278.77M and operating cash flow was $3.16B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.19 | 1.22 | 1.12 | 1.17 | 0.95 |
| Quick Ratio | 1.19 | 1.22 | 1.12 | 1.17 | 0.95 |
| Cash Ratio | 0.82 | 0.73 | 0.80 | 0.65 | 0.71 |
| Solvency Ratio | 0.96 | 0.84 | 0.71 | 0.68 | 0.61 |
| Operating Cash Flow Ratio | 0.92 | 0.68 | 0.82 | 0.26 | 0.05 |
| Short-Term Operating Cash Flow Coverage | 10.16 | 4.13 | 18.19 | 0.00 | 0.56 |
| Net Current Asset Value | $ -15.96B | $ -15.79B | $ -18.23B | $ -18.55B | $ -20.67B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.26 | 0.34 | 0.35 | 0.35 | 0.41 |
| Debt-to-Equity Ratio | 0.54 | 0.73 | 0.82 | 0.81 | 1.14 |
| Debt-to-Capital Ratio | 0.35 | 0.42 | 0.45 | 0.45 | 0.53 |
| Long-Term Debt-to-Capital Ratio | 0.34 | 0.36 | 0.41 | 0.41 | 0.48 |
| Financial Leverage Ratio | 2.09 | 2.17 | 2.37 | 2.34 | 2.81 |
| Debt Service Coverage Ratio | 16.06 | 10.01 | 18.03 | 27.70 | 12.50 |
| Interest Coverage Ratio | 17.16 | 14.49 | 9.29 | 7.98 | 8.09 |
| Debt to Market Cap | 0.04 | 0.04 | 0.07 | 0.11 | 0.06 |
| Interest Debt Per Share | 3.60 | 4.36 | 4.01 | 3.97 | 4.26 |
| Net Debt to EBITDA | 0.18 | 0.39 | 0.46 | 0.58 | 0.63 |
| Profitability Margins | |||||
| Gross Profit Margin | 48.49% | 46.06% | 41.54% | 39.37% | 41.64% |
| EBIT Margin | 29.88% | 27.40% | 20.62% | 18.88% | 22.24% |
| EBITDA Margin | 66.96% | 67.47% | 63.78% | 64.31% | 64.13% |
| Operating Profit Margin | 29.49% | 26.71% | 20.62% | 17.82% | 20.86% |
| Pretax Profit Margin | 28.16% | 25.55% | 18.40% | 16.65% | 19.67% |
| Net Profit Margin | 24.30% | 22.34% | 16.04% | 14.21% | 17.23% |
| Continuous Operations Profit Margin | 24.30% | 22.34% | 16.04% | 14.21% | 17.23% |
| Net Income Per EBT | 86.31% | 87.42% | 87.15% | 85.33% | 87.61% |
| EBT Per EBIT | 95.47% | 95.66% | 89.24% | 93.45% | 94.28% |
| Return on Assets (ROA) | 19.75% | 16.24% | 11.10% | 9.24% | 11.48% |
| Return on Equity (ROE) | 41.26% | 35.21% | 26.27% | 21.62% | 32.28% |
| Return on Capital Employed (ROCE) | 29.87% | 24.30% | 17.44% | 13.85% | 17.16% |
| Return on Invested Capital (ROIC) | 25.22% | 20.20% | 14.91% | 11.72% | 14.62% |
| Return on Tangible Assets | 48.12% | 41.14% | 31.67% | 28.33% | 37.44% |
| Earnings Yield | 2.77% | 2.28% | 2.52% | 3.43% | 1.92% |
| Efficiency Ratios | |||||
| Receivables Turnover | 17.49 | 19.62 | 18.31 | 19.92 | 36.92 |
| Payables Turnover | 25.84 | 23.38 | 26.38 | 28.54 | 20.70 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 22.54 | 24.47 | 22.61 | 22.61 | 22.44 |
| Asset Turnover | 0.81 | 0.73 | 0.69 | 0.65 | 0.67 |
| Working Capital Turnover Ratio | 20.61 | 22.93 | 28.19 | 69.00 | 38.65 |
| Cash Conversion Cycle | 6.75 | 3.00 | 6.10 | 5.53 | -7.75 |
| Days of Sales Outstanding | 20.87 | 18.61 | 19.94 | 18.32 | 9.89 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 14.12 | 15.61 | 13.84 | 12.79 | 17.64 |
| Operating Cycle | 20.87 | 18.61 | 19.94 | 18.32 | 9.89 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.40 | 1.71 | 1.65 | 0.46 | 0.09 |
| Free Cash Flow Per Share | 2.24 | 1.61 | 1.57 | 0.36 | -0.03 |
| Dividend Paid and CapEx Coverage Ratio | 14.75 | 16.75 | 20.87 | 4.97 | 0.75 |
| Capital Expenditure Coverage Ratio | 14.75 | 16.75 | 20.87 | 4.97 | 0.75 |
| Operating Cash Flow Coverage Ratio | 0.70 | 0.41 | 0.43 | 0.12 | 0.02 |
| Operating Cash Flow to Sales Ratio | 0.22 | 0.19 | 0.22 | 0.06 | 0.01 |
| Free Cash Flow Yield | 2.39% | 1.81% | 3.22% | 1.23% | -0.05% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 36.34 | 43.91 | 39.76 | 29.19 | 52.18 |
| Price-to-Sales (P/S) Ratio | 8.78 | 9.82 | 6.38 | 4.15 | 8.99 |
| Price-to-Book (P/B) Ratio | 14.90 | 15.47 | 10.44 | 6.31 | 16.84 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 41.91 | 55.31 | 31.04 | 81.03 | -2022.78 |
| Price-to-Operating Cash Flow Ratio | 39.07 | 52.01 | 29.56 | 64.72 | 679.95 |
| Price-to-Earnings Growth (PEG) Ratio | 1.34 | 0.68 | 1.87 | -2.33 | 0.62 |
| Enterprise Value Multiple | 13.29 | 14.94 | 10.45 | 7.03 | 14.65 |
| Enterprise Value | 401.96B | 393.02B | 224.86B | 142.93B | 279.05B |
| EV to EBITDA | 13.29 | 14.94 | 10.45 | 7.03 | 14.65 |
| EV to Sales | 8.90 | 10.08 | 6.67 | 4.52 | 9.40 |
| EV to Free Cash Flow | 42.49 | 56.78 | 32.47 | 88.31 | -2114.38 |
| EV to Operating Cash Flow | 39.60 | 53.39 | 30.91 | 70.54 | 710.74 |
| Tangible Book Value Per Share | -1.46 | -1.79 | -2.51 | -2.69 | -3.40 |
| Shareholders’ Equity Per Share | 6.29 | 5.76 | 4.66 | 4.67 | 3.58 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.14 | 0.13 | 0.13 | 0.15 | 0.12 |
| Revenue Per Share | 10.68 | 9.08 | 7.64 | 7.11 | 6.70 |
| Net Income Per Share | 2.60 | 2.03 | 1.22 | 1.01 | 1.15 |
| Tax Burden | 0.86 | 0.87 | 0.87 | 0.85 | 0.88 |
| Interest Burden | 0.94 | 0.93 | 0.89 | 0.88 | 0.88 |
| Research & Development to Revenue | 0.08 | 0.08 | 0.08 | 0.09 | 0.08 |
| SG&A to Revenue | 0.11 | 0.12 | 0.05 | 0.05 | 0.05 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 |
| Income Quality | 0.92 | 0.85 | 1.35 | 0.45 | 0.08 |
Currency in USD