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.
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Netflix, Inc. (NFLX) 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 | Free account |
Against its own ten years
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| FOX Fox Corporation compare | 1.4× |
| LYV Live Nation Entertainment, Inc. compare | 1.5× |
| FOXA Fox Corporation compare | 1.6× |
| DIS The Walt Disney Company compare | 1.9× |
| TKO TKO Group Holdings, Inc. compare | 2.5× |
| ROKU Roku, Inc. compare | 4.4× |
| NFLX Netflix, Inc. | 6.1× |
| FWONA Liberty Media Corporation - Liberty Formula One Series A compare | 7.1× |
| FWONK Liberty Media Corporation - Liberty Formula One Series C compare | 7.7× |
| Entertainment industry median | 1.3× |
| Communication Services sector median | 0.8× |
| Market median | 1.9× |
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)
More on NFLX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- The full statement