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Netflix NFLX Asset turnover

Asset turnover at other companies

Apple logo
AppleAAPL
1.3×+0.1×
Electronic Arts logo
Electronic ArtsEA
0.6×0.0×
Amazon logo
AmazonAMZN
-0.2×
Charter Communications, Inc. logo
Charter Communications, Inc.CHTR
0.4×0.0×
Comcast logo
ComcastCMCSA
0.5×0.0×
EchoStar logo
EchoStarSATS
0.3×0.0×

Other financials

Income statement

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Revenue$12.2B+16.2%
Gross profit$6.4B+20.5%
Operating income$4.0B+18.2%
Net income$5.3B+82.8%
EPS (diluted)$1.23+86.4%

Balance sheet

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Cash & equivalents$12.3B+70.3%
Total debt$16.7B-3.9%
Total equity$31.1B+29.5%
Total assets$61.0B+17.1%

Cash flow

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Operating cash flow$5.3B+89.7%
CapEx$196.1M+52.9%
Free cash flow$5.1B+91.4%

Valuation

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Market cap$324.06B+1.8%
Enterprise value$328.55B+0.3%
P/E24.2×-10.1×
P/S6.9×-1.0×

Profitability

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Gross margin49%+2.1pp
Operating margin29.7%+2.0pp
Net margin28.5%+5.4pp

Returns & leverage

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Return on equity48.5%+7.7pp
Debt / equity0.5×-0.2×
Current ratio1.4×+0.2×

Where this comes from

Calculated from Netflix’s reported figures.

Based on trailing twelve months.

The official record: Netflix’s 10-Q, filed April 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Netflix's asset turnover?
Netflix (NFLX) reported asset turnover of 0.8× in Q1 2026.
How has Netflix's asset turnover changed year-over-year?
Netflix's asset turnover increased by 4.1% year-over-year, from 0.8× to 0.8×.
What is the long-term trend for Netflix's asset turnover?
Over 4 years (2021 to 2025), Netflix's asset turnover has grown at a 3.6% compound annual growth rate (CAGR), from 2.8× to 3.2×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.