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
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Netflix, Inc. (NFLX) Return on invested capital
Netflix, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 28.9%, up 2.0 percentage points from fiscal 2025 (26.9%). Over the past ten years it has ranged from 5.51% (fiscal 2016) to 26.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Entertainment industry median of 0.55% and above the Communication Services sector median of 0.00%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 26.9% | 4.37 |
| FY2024 | 22.5% | 6.73 |
| FY2023 | 15.8% | 3.64 |
| FY2022 | 12.1% | (3.68) |
| FY2021 | 15.8% | 0.44 |
| FY2020 | 15.4% | 5.95 |
| FY2019 | 9.40% | 0.90 |
| FY2018 | 8.50% | 1.28 |
| FY2017 | 7.22% | 1.71 |
| FY2016 | 5.51% | (2.86) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| NFLX Netflix, Inc. | 28.9% |
| FOXA Fox Corporation compare | 17.3% |
| FOX Fox Corporation compare | 17.3% |
| TKO TKO Group Holdings, Inc. compare | 5.35% |
| DIS The Walt Disney Company compare | 5.35% |
| LYV Live Nation Entertainment, Inc. compare | 5.15% |
| SKYD Skydance Corporation compare | 2.62% |
| FWONK Liberty Media Corporation - Liberty Formula One Series C compare | 0.00% |
| FWONA Liberty Media Corporation - Liberty Formula One Series A compare | 0.00% |
| Entertainment industry median | 0.55% |
| Communication Services sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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- 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/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- The full statement