Netflix, Inc. NFLX

71.15 (0.57) (0.79%) as of 25 Sep
Market cap
$298.1B
P/E
22.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Netflix, Inc. (NFLX) Price to free cash flow

As of 25 September 2026, Netflix, Inc. (NFLX) trades at a price to free cash flow of 28.8×. Over the past ten years it has ranged from 0.0× (December 2022) to 2,785× (November 2021); the current reading is higher than 58% of that period. That is above the Entertainment industry median of 16.6× and above the Communication Services sector median of 9.8×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 46.1× (26.51%)
FY2024 62.7× 85.17%
FY2023 33.9× (79.36%)
FY2022 164× —
FY2021 0.0× —
FY2020 126× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly

Period Price to free cash flow Change
Jun 2026 28.9× (21.04%)
Mar 2026 36.7× (20.48%)
Dec 2025 46.1× (26.18%)
Sep 2025 62.5× (15.74%)
42 more quarters

Against its own ten years

Low 0.0× High 2,785×
Ten-year median 0.0×
Current reading's percentile 58

Price to free cash flow against peers

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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