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Netflix NFLX Price / earnings

Price / earnings at other companies

Apple logo
AppleAAPL
30.4×-3.9×
Electronic Arts logo
Electronic ArtsEA
57.5×
Amazon logo
AmazonAMZN
28.3×-2.3×
Charter Communications, Inc. logo
Charter Communications, Inc.CHTR
5.5×-4.6×
Comcast logo
ComcastCMCSA
5.5×-3.4×
EchoStar logo
EchoStarSATS
+0.7×

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/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 the most recent quarter.

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 price / earnings?
Netflix (NFLX) reported price / earnings of 30.4× in Q1 2026.
How has Netflix's price / earnings changed year-over-year?
Netflix's price / earnings decreased by 29.5% year-over-year, from 43× to 30.4×.
What is the long-term trend for Netflix's price / earnings?
Over 4 years (2021 to 2025), Netflix's price / earnings has grown at a -4.8% compound annual growth rate (CAGR), from 220.4× to 181.2×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.