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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

64.16 1.40 −2.14%
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) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Netflix, Inc. (NFLX) trades at a P/B ratio of 9.2×. Over the past ten years it has ranged from 1.0× (January 2015) to 45.0× (June 2018); the current reading is higher than 16% of that period. That is above the Entertainment industry median of 1.8× and above the Communication Services sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 15.0× (3.24%)
FY2024 15.5× 53.98%
FY2023 10.0× 59.14%
FY2022 6.3× (62.51%)
FY2021 16.8× (21.82%)
FY2020 21.5× 15.31%
FY2019 18.7× (16.01%)
FY2018 22.2× (8.25%)
FY2017 24.2× 18.84%
FY2016 20.4× (6.89%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 9.8× (0.98%)
Jun 2026 9.9× (23.95%)
Mar 2026 13.0× (12.86%)
Dec 2025 15.0× (23.65%)
43 more quarters

Against its own ten years

Low 1.0× High 45.0×
Ten-year median 18.6×
Current reading's percentile 15

P/B ratio against peers

Company P/B ratio
SKYD Skydance Corporation compare 0.7×
TKO TKO Group Holdings, Inc. compare 1.7×
DIS The Walt Disney Company compare 1.7×
FOX Fox Corporation compare 2.0×
FOXA Fox Corporation compare 2.3×
FWONA Liberty Media Corporation - Liberty Formula One Series A compare 3.4×
FWONK Liberty Media Corporation - Liberty Formula One Series C compare 3.6×
NFLX Netflix, Inc. 9.2×
LYV Live Nation Entertainment, Inc. compare 35.7×
Entertainment industry median 1.8×
Communication Services sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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