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.

70.53 2.08 −2.86%
Market cap
$302.3B
P/E
21.8×
Fwd P/E
22.9×
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 16 October 2026, Netflix, Inc. (NFLX) trades at a P/S ratio of 6.1×. Over the past ten years it has ranged from 0.3× (January 2015) to 14.2× (June 2018); the current reading is higher than 24% of that period. That is above the Entertainment industry median of 1.3× and above the Communication Services sector median of 0.8×.

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
Jun 2026 6.2× (28.59%)
Mar 2026 8.7× (1.81%)
Dec 2025 8.8× (24.83%)
Sep 2025 11.7× (14.10%)
42 more quarters

Against its own ten years

Low 0.3× High 14.2×
Ten-year median 7.7×
Current reading's percentile 23

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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