Netflix Inc. NFLX
Consumer Electronics/Video Chains · IPO 2002 · data as of November 13, 2026
Netflix Inc. (NFLX) is a consumer discretionary company listed in the US with a market value of about $255.2B. In the twelve months to September 30, 2026 it had revenue of $49.7B and net income of $14.8B, a net margin of 29.7%.
Its overall Stock Analiz score is 4.0 out of 5 (excellent). The strongest part is future growth (5/5); the weakest is value (3/5).
Key numbers: a P/E of 18.0, a price to free cash flow of 22.4, 5-year revenue growth of 13% a year, a 5-year average ROIC of 19%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 25% below the current price.
Score: 4.0 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- More cash than debt, or low debt to equity
- Pays a dividend
- Dividend 3 years in a row
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $49.7B | $45.2B | $39.0B | $33.7B | $31.6B | $29.7B | $25.0B | $20.2B | $15.8B | $11.7B | $8.8B |
| Net income | $14.8B | $11.0B | $8.7B | $5.4B | $4.5B | $5.1B | $2.8B | $1.9B | $1.2B | $559M | $187M |
| Free cash flow | $11.4B | $9.5B | $6.9B | $6.9B | $1.6B | -$132M | $1.9B | -$3.1B | -$2.9B | -$2.0B | -$1.6B |
| EPS (diluted) | $3.46 | $2.53 | $1.98 | $1.20 | $1.00 | $1.12 | $0.61 | $0.41 | $0.27 | $0.13 | $0.04 |
| Net margin | 29.7% | 24.3% | 22.3% | 16.0% | 14.2% | 17.2% | 11.1% | 9.3% | 7.7% | 4.8% | 2.1% |
| ROIC | — | 26.4% | 21.3% | 16.1% | 12.8% | 16.0% | 11.3% | 7.9% | 7.9% | 5.2% | 4.5% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 43 analysts is $84.76, 36% above the current price; targets range from $57.00 to $126.00; the consensus rating is “none”; expected EPS is $3.58 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Netflix’s P/E ratio?
About 18.0, based on the last twelve months of diluted earnings per share (forward P/E about 17.8).
Is Netflix stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 25% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Netflix pay a dividend?
Not currently.
Is Netflix a good stock to buy?
We do not give buy or sell advice. Netflix scores 4.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.