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

Netflix, Inc. (NFLX) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Netflix, Inc. (NFLX) trades at a P/S ratio of 5.4×. Over the past ten years it has ranged from 0.3× (January 2015) to 14.2× (June 2018); the current reading is higher than 16% of that period. That is above the Entertainment industry median of 1.4× and above the Communication Services sector median of 0.9×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 8.8× (10.16%)
FY2024 9.8× 60.01%
FY2023 6.1× 47.84%
FY2022 4.1× (53.84%)
FY2021 9.0× (5.75%)
FY2020 9.5× 35.70%
FY2019 7.0× (4.75%)
FY2018 7.4× (0.66%)
FY2017 7.4× 19.97%
FY2016 6.2× (13.85%)

Quarterly newest first

Period P/S ratio Change
Sep 2026 5.8× (6.46%)
Jun 2026 6.2× (28.59%)
Mar 2026 8.7× (1.81%)
Dec 2025 8.8× (24.83%)
43 more quarters

Against its own ten years

Low 0.3× High 14.2×
Ten-year median 7.7×
Current reading's percentile 15

P/S ratio against peers

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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