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Friday 6 November 2026 Export NFLX’s income statement to Excel — free account

Netflix, Inc.

NFLX Communication Services Entertainment

Netflix, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $45.2 billion, up 15.9% from fiscal 2024.

Revenue
+11.9%
EPS
+48.3%
Free cash flow
+8.38%
Total debt
−12.5%

Quarter to September 2026, against a year earlier

65.50 0.89 −1.34%
Market cap
$269.2B
P/E
18.6×
Fwd P/E
17.3×
Dividend yield
—
F-score
7/9
Altman Z
10.96
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Netflix, Inc. (NFLX) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Netflix, Inc. (NFLX) trades at a EV/EBITDA of 8.2×. Over the past ten years it has ranged from 0.4× (January 2015) to 23.9× (June 2018); the current reading is higher than 11% of that period. That is below the Entertainment industry median of 8.8× and below the Communication Services sector median of 8.8×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 13.4× (9.88%)
FY2024 14.9× 49.42%
FY2023 9.9× 42.56%
FY2022 7.0× (52.84%)
FY2021 14.8× (6.76%)
FY2020 15.9× 24.93%
FY2019 12.7× (4.90%)
FY2018 13.4× 4.84%
FY2017 12.7× 19.99%
FY2016 10.6× (16.17%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 8.7× (7.44%)
Jun 2026 9.4× (27.99%)
Mar 2026 13.1× (2.27%)
Dec 2025 13.4× (25.00%)
43 more quarters

Against its own ten years

Low 0.4× High 23.9×
Ten-year median 12.8×
Current reading's percentile 11

EV/EBITDA against peers

Company EV/EBITDA
SKYD Skydance Corporation compare 1.4×
FOX Fox Corporation compare 6.2×
FOXA Fox Corporation compare 7.0×
NFLX Netflix, Inc. 8.2×
TKO TKO Group Holdings, Inc. compare 11.2×
DIS The Walt Disney Company compare 12.0×
LYV Live Nation Entertainment, Inc. compare 26.9×
FWONA Liberty Media Corporation - Liberty Formula One Series A compare 44.1×
FWONK Liberty Media Corporation - Liberty Formula One Series C compare 46.9×
Entertainment industry median 8.8×
Communication Services sector median 8.8×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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