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. In the quarter to June 2026, revenue grew 13.4%, EPS grew 10.2%, free cash flow fell 32.7% and total debt fell 18.2%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for three.

65.85 1.20 −1.79%
Market cap
$275.3B
P/E
20.4×
Fwd P/E
19.7×
Dividend yield
—
F-score
7/9
Altman Z
10.96
Beneish M
n/a
Dividend safety
n/a

Netflix, Inc. (NFLX) EV/Sales

Alert me on EV/Sales

As of 23 October 2026, Netflix, Inc. (NFLX) trades at a EV/Sales of 5.8×. Over the past ten years it has ranged from 0.2× (January 2015) to 14.5× (June 2018); the current reading is higher than 18% of that period. That is above the Entertainment industry median of 1.8× and above the Communication Services sector median of 1.4×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 8.9× (10.16%)
FY2024 9.9× 56.47%
FY2023 6.3× 43.76%
FY2022 4.4× (52.46%)
FY2021 9.3× (5.70%)
FY2020 9.8× 31.02%
FY2019 7.5× (3.63%)
FY2018 7.8× 0.68%
FY2017 7.7× 21.43%
FY2016 6.4× (11.39%)

Quarterly newest first

Period EV/Sales Change
Jun 2026 6.2× (28.13%)
Mar 2026 8.7× (2.62%)
Dec 2025 8.9× (24.76%)
Sep 2025 11.8× (14.15%)
42 more quarters

Against its own ten years

Low 0.2× High 14.5×
Ten-year median 7.9×
Current reading's percentile 17

EV/Sales against peers

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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