NFLX - Netflix Inc Stock Price, Fair Value and News

609.47USD+3.47 (+0.57%)Market Closed

Market Summary

USD609.47+3.47

Market Closed

0.57%

NFLX Alerts

4 major insider sales recently.

Big jump in Earnings (Y/Y)

NFLX Stock Price

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NFLX RSI Chart

NFLX Valuation

Market Cap

262.7B

Price/Earnings (Trailing)

40.82

Price/Sales (Trailing)

7.52

EV/EBITDA

31.99

Price/Free Cashflow

37.82

NFLX Price/Sales (Trailing)

NFLX Profitability

Operating Margin

43.06%

EBT Margin

21.04%

Return on Equity

30.12%

Return on Assets

13.18%

Free Cashflow Yield

2.64%

NFLX Fundamentals

NFLX Revenue

Revenue (TTM)

34.9B

Rev. Growth (Yr)

14.81%

Rev. Growth (Qtr)

6.09%

NFLX Earnings

Earnings (TTM)

6.4B

Earnings Growth (Yr)

78.7%

Earnings Growth (Qtr)

148.68%

Breaking Down NFLX Revenue

Last 7 days

10.5%

Last 30 days

-3.0%

Last 90 days

9.1%

Trailing 12 Months

83.5%

How does NFLX drawdown profile look like?

NFLX Financial Health

Current Ratio

1.07

Debt/Equity

0.62

Debt/Cashflow

0.55

NFLX Investor Care

Buy Backs (1Y)

3.21%

Diluted EPS (TTM)

14.43

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	34.9B	0	0	0
2023	31.9B	32.1B	32.7B	33.7B
2022	30.4B	31.0B	31.5B	31.6B
2021	26.4B	27.6B	28.6B	29.7B
2020	21.4B	22.6B	23.8B	25.0B
2019	16.6B	17.6B	18.9B	20.2B
2018	12.8B	13.9B	14.9B	15.8B
2017	9.5B	10.2B	10.9B	11.7B
2016	7.2B	7.6B	8.2B	8.8B
2015	5.8B	6.1B	6.4B	6.8B
2014	4.6B	4.9B	5.2B	5.5B
2013	3.8B	3.9B	4.1B	4.4B
2012	3.4B	3.5B	3.5B	3.6B
2011	2.4B	2.7B	2.9B	3.2B
2010	1.8B	1.9B	2.0B	2.2B
2009	1.4B	1.5B	1.6B	1.7B
2008	0	1.3B	1.3B	1.4B
2007	0	0	0	1.2B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Netflix Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	peters gregory k	acquired	-	-	2,593	co-ceo
May 03, 2024	neumann spencer adam	sold (taxes)	-181,913	579	-314	chief financial officer
May 03, 2024	hyman david a	acquired	-	-	544	chief legal officer
May 03, 2024	sarandos theodore a	sold (taxes)	-761,832	579	-1,315	co-ceo
May 03, 2024	hyman david a	sold (taxes)	-159,898	579	-276	chief legal officer
May 03, 2024	hastings reed	acquired	-	-	59.00	executive chairman
May 03, 2024	hastings reed	sold (taxes)	-17,380	579	-30.00	executive chairman
May 03, 2024	neumann spencer adam	acquired	-	-	878	chief financial officer
May 03, 2024	peters gregory k	sold (taxes)	-761,832	579	-1,315	co-ceo
May 03, 2024	peters gregory k	sold	-758,889	593	-1,278	co-ceo

Which funds bought or sold NFLX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	55.25	150,276,000	310,740,000	0.05%
May 07, 2024	Choate Investment Advisors	reduced	-6.74	147,398	1,050,070	0.03%
May 07, 2024	Sustainable Insight Capital Management, LLC	new	-	528,377	528,377	0.38%
May 07, 2024	Donoghue Forlines LLC	added	220	1,981,680	2,641,890	0.75%
May 07, 2024	Empowered Funds, LLC	added	127	6,100,400	9,413,610	0.09%
May 07, 2024	GLYNN CAPITAL MANAGEMENT LLC	unchanged	-	542,025	2,732,980	0.51%
May 07, 2024	First Heartland Consultants, Inc.	added	19.00	204,000	624,000	0.06%
May 07, 2024	THOROUGHBRED FINANCIAL SERVICES, LLC	reduced	-27.6	-59,000	549,000	0.05%
May 07, 2024	NorthRock Partners, LLC	added	14.99	914,530	3,018,580	0.26%
May 07, 2024	OBERMEYER WOOD INVESTMENT COUNSEL, LLLP	added	2.81	83,318	378,367	0.02%

Are Funds Buying or Selling NFLX?

Are funds buying NFLX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NFLX

No. of Funds

Unveiling Netflix Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.33%	36,438,275	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 26, 2024	blackrock inc.	7.1%	30,898,926	SC 13G/A
Feb 13, 2023	capital research global investors	4.2%	18,542,172	SC 13G/A
Feb 09, 2023	vanguard group inc	7.98%	35,523,919	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 01, 2023	blackrock inc.	6.2%	27,731,534	SC 13G/A
Feb 11, 2022	capital research global investors	5.9%	25,966,372	SC 13G/A
Feb 03, 2022	blackrock inc.	6.6%	29,228,602	SC 13G/A
Feb 16, 2021	capital research global investors	6.8%	30,232,937	SC 13G/A

Recent SEC filings of Netflix Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	144	Notice of Insider Sale Intent
May 06, 2024	144	Notice of Insider Sale Intent
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 03, 2024	144	Notice of Insider Sale Intent
May 02, 2024	4	Insider Trading

Peers (Alternatives to Netflix Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NFLX	262.7B	34.9B	-3.01%	83.50%	40.82	7.52	9.47%	53.23%
DIS	192.2B	89.2B	-10.15%	3.19%	113.41	2.15	2.55%	-58.87%
LYV	22.2B	23.4B	-6.81%	23.41%	42.66	0.95	30.08%	51.52%
SIRI	11.8B	9.0B	-8.88%	-9.49%	9.18	1.32	0.12%	13.46%
MID-CAP
ROKU	8.6B	3.6B	-2.10%	7.49%	-15.11	2.36	15.68%	14.80%
PARA	8.4B	30.1B	16.09%	-22.32%	-190.85	0.28	-0.06%	90.16%
EDR	7.9B	6.0B	-0.23%	6.30%	22.21	1.33	13.14%	176.08%
NXST	5.6B	4.9B	1.22%	3.10%	16.22	1.14	-5.33%	-64.37%
MSGS	4.6B	926.8M	3.33%	-4.47%	190.86	4.95	6.42%	-71.48%
PLAY	2.1B	2.2B	-17.81%	46.90%	16.71	0.96	12.26%	-7.44%
CNK	2.1B	3.0B	-9.49%	2.42%	5.79	0.68	16.52%	189.76%
SMALL-CAP
AMC	942.9M	4.8B	8.14%	-93.47%	-2.9	0.2	17.88%	62.76%
AMCX	582.0M	2.7B	17.94%	-17.57%	2.7	0.21	-12.42%	2737.29%
CSSE	8.3M	294.4M	81.25%	-80.67%	-0.01	0.03	16.45%	-513.05%

Netflix Inc News

Latest updates

Netflix Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	6.1%	9,370	8,833	8,542	8,187	8,162	7,852	7,926	7,970	7,868	7,709	7,483	7,342	7,163	6,644	6,436	6,148	5,768	5,467	5,245	4,923	4,521
Cost Of Revenue	-6.2%	4,977	5,307	4,931	4,673	4,804	5,404	4,789	4,691	4,285	5,240	4,207	4,018	3,869	4,165	3,868	3,644	3,600	3,466	3,098	3,006	2,871
S&GA Expenses	-8.0%	404	439	479	401	401	392	373	409	398	398	322	335	297	276	272	277	252	255	233	225	202
R&D Expenses	4.3%	702	673	657	658	687	674	663	717	658	647	564	537	525	487	454	435	454	-	380	383	373
EBITDA Margin	11.7%	0.24*	0.22*	0.19*	0.18*	0.18*	0.20*	0.22*	0.22*	0.22*	0.23*	0.24*	0.21*	0.20*	0.16*	0.16*	0.17*	0.15*	0.14*	0.14*	0.11*	0.11*
Interest Expenses	-1.1%	173	175	176	175	174	171	173	175	188	189	190	191	194	197	197	189	184	178	161	152	136
Income Taxes	34.3%	282	210	232	192	164	-15.95	224	182	382	-56.58	212	241	328	-35.74	71.00	315	87.00	-437	347	230	56.00
Earnings Before Taxes	127.7%	2,615	1,148	1,909	1,679	1,469	39.00	1,622	1,623	1,980	551	1,661	1,594	2,035	506	861	1,036	796	149	1,012	501	400
EBT Margin	14.4%	0.21*	0.18*	0.16*	0.15*	0.15*	0.17*	0.18*	0.19*	0.19*	0.20*	0.20*	0.18*	0.17*	0.13*	0.12*	0.13*	0.11*	0.10*	0.11*	0.08*	0.08*
Net Income	148.7%	2,332	938	1,677	1,488	1,305	55.00	1,398	1,441	1,597	607	1,449	1,353	1,707	542	790	720	709	587	665	271	344
Net Income Margin	14.9%	0.18*	0.16*	0.14*	0.13*	0.13*	0.14*	0.16*	0.16*	0.16*	0.17*	0.18*	0.16*	0.14*	0.11*	0.12*	0.12*	0.10*	0.09*	0.07*	0.07*	0.08*
Free Cashflow	35.1%	2,137	1,581	1,888	1,339	2,117	332	472	13.00	802	-569	-84.95	-174	696	-286	1,154	899	162	-1,569	-547	-583	-440

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.2%	48,828	48,732	49,502	50,817	49,490	48,595	47,562	46,351	45,331	44,585	42,740	40,971	40,123	39,280	38,623	37,175	35,060	33,976	30,942	30,171	27,219
Current Assets	0.0%	9,921	9,918	10,779	11,506	10,483	9,266	8,817	7,841	8,098	8,070	9,416	9,604	10,108	9,762	9,826	8,564	6,448	6,179	5,328	5,877	4,169
Cash Equivalents	-1.3%	7,025	7,117	7,353	7,666	6,738	5,171	6,140	5,844	6,035	6,055	7,553	7,805	8,436	8,239	8,422	7,180	5,178	5,044	4,460	5,028	3,370
Net PPE	0.7%	1,501	1,491	1,498	1,472	1,413	1,398	1,373	1,362	1,384	1,323	1,220	1,107	1,015	960	828	752	650	565	482	452	434
Liabilities	-2.4%	27,462	28,144	27,394	27,985	27,662	27,817	27,034	27,275	27,787	28,735	27,425	27,107	27,239	28,215	28,289	27,841	26,651	26,394	24,080	24,066	21,516
Current Liabilities	4.8%	9,289	8,861	8,339	8,676	8,316	7,931	7,766	7,500	7,740	8,489	8,049	7,833	7,962	7,806	7,940	7,626	7,854	6,856	7,258	6,934	6,858
Short Term Borrowings	99.8%	799	400	400	399	399	-	-	-	-	700	699	699	699	500	500	499	499	-	-	-	-
Long Term Debt	-6.5%	13,217	14,143	13,901	14,070	14,038	14,353	13,888	14,233	14,535	14,693	14,794	14,927	14,861	15,809	15,548	15,295	14,171	14,759	12,426	12,594	10,305
LT Debt, Non Current	-6.5%	13,217	14,143	13,901	14,070	14,038	14,353	13,888	14,233	14,535	14,693	14,794	14,927	14,861	15,809	15,548	15,295	14,171	14,759	12,426	12,594	10,305
Shareholder's Equity	3.8%	21,365	20,588	22,108	22,832	21,828	20,777	20,528	19,076	17,544	15,849	15,315	13,864	12,884	11,065	10,333	9,335	8,409	7,582	6,862	6,106	5,703
Retained Earnings	10.3%	24,921	22,589	21,651	19,974	18,486	17,181	17,126	15,728	14,287	12,689	12,082	10,633	9,280	7,573	7,031	6,241	5,521	4,812	4,225	3,560	3,289
Shares Outstanding	-0.4%	431	433	438	443	445	445	445	445	444	443	443	443	443	441	442	441	439	438	438	438	437
Float	-	-	-	-	192,302	-	-	-	76,551	-	-	-	229,759	-	-	-	196,932	-	-	-	156,930	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	33.0%	2,212,522	1,663,014	1,992,315	1,440,232	2,178,740	443,858	556,810	102,750	922,839	-403,274	82,379	-63,761	777,266	-137,672	1,263,761	1,041,076	259,912	-1,461,975	-501,794	-543,754	-379,799
Share Based Compensation	-7.9%	76,000	82,519	79,720	78,030	99,099	153,789	152,062	150,392	119,209	99,329	95,078	101,583	107,230	107,594	106,357	104,210	97,019	100,066	100,262	103,848	101,200
Cashflow From Investing	-118.4%	-75,714	411,596	296,071	97,737	-263,653	-1,586,859	-84,960	-158,894	-245,679	-954,328	-188,631	-111,278	-85,616	-146,399	-118,651	-142,001	-98,303	-207,571	-49,354	-50,036	-80,103
Cashflow From Financing	13.0%	-2,132,944	-2,452,273	-2,475,108	-649,349	-374,073	6,705	4,113	11,250	-686,322	-136,019	-81,555	-480,273	-451,929	33,987	68,665	1,090,965	43,694	2,223,801	11,989	2,246,900	22,972
Buy Backs	-20.0%	2,000,000	2,499,653	2,500,100	645,146	400,101	-	-	-	-	-	100,000	500,022	-	-	-	-	-	-	-	-	-

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NFLX Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 9,370,440	$ 8,161,503
Cost of revenues	4,977,073	4,803,625
Marketing	654,340	555,362
Technology and development	702,473	687,275
General and administrative	404,020	400,924
Operating income	2,632,534	1,714,317
Other income (expense):
Interest expense	(173,314)	(174,239)
Interest and other income (expense)	155,359	(71,204)
Income before income taxes	2,614,579	1,468,874
Provision for income taxes	(282,370)	(163,754)
Net income	$ 2,332,209	$ 1,305,120
Earnings per share:
Basic (in USD per share)	$ 5.40	$ 2.93
Diluted (in USD per share)	$ 5.28	$ 2.88
Weighted-average shares of common stock outstanding:
Basic (in shares)	432,090	445,244
Diluted (in shares)	441,654	452,417

NFLX Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 7,024,766	$ 7,116,913
Short-term investments	20,973	20,973
Other current assets	2,875,574	2,780,247
Total current assets	9,921,313	9,918,133
Content assets, net	31,662,100	31,658,056
Property and equipment, net	1,501,168	1,491,444
Other non-current assets	5,743,140	5,664,359
Total assets	48,827,721	48,731,992
Current liabilities:
Current content liabilities	4,436,021	4,466,470
Accounts payable	607,348	747,412
Accrued expenses and other liabilities	1,977,428	1,803,960
Deferred revenue	1,469,484	1,442,969
Short-term debt	798,936	399,844
Total current liabilities	9,289,217	8,860,655
Non-current content liabilities	2,370,692	2,578,173
Long-term debt	13,217,038	14,143,417
Other non-current liabilities	2,585,364	2,561,434
Total liabilities	27,462,311	28,143,679
Commitments and contingencies (Note 8)
Stockholders’ equity:
Common stock, $0.001 par value; 4,990,000,000 shares authorized at March 31, 2024 and December 31, 2023; 430,964,991 and 432,759,584 issued and outstanding at March 31, 2024 and December 31, 2023, respectively	5,489,850	5,145,172
Treasury stock at cost (19,648,480 and 16,078,268 shares at March 31, 2024 and December 31, 2023, respectively)	(8,934,056)	(6,922,200)
Accumulated other comprehensive loss	(111,879)	(223,945)
Retained earnings	24,921,495	22,589,286
Total stockholders’ equity	21,365,410	20,588,313
Total liabilities and stockholders’ equity	$ 48,827,721	$ 48,731,992

About Netflix Inc

Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. The company has approximately 231 million paid members in 190 countries. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.

CEO	Mr. Theodore A. Sarandos
WEBSITE	netflix.com
INDUSTRY	Entertainment
EMPLOYEES	12800

Netflix Inc Frequently Asked Questions

What is the ticker symbol for Netflix Inc? What does NFLX stand for in stocks?

NFLX is the stock ticker symbol of Netflix Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Netflix Inc (NFLX)?

As of Wed May 08 2024, market cap of Netflix Inc is 262.66 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NFLX stock?

You can check NFLX's fair value in chart for subscribers.

What is the fair value of NFLX stock?

You can check NFLX's fair value in chart for subscribers. The fair value of Netflix Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Netflix Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NFLX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Netflix Inc a good stock to buy?

The fair value guage provides a quick view whether NFLX is over valued or under valued. Whether Netflix Inc is cheap or expensive depends on the assumptions which impact Netflix Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NFLX.

What is Netflix Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, NFLX's PE ratio (Price to Earnings) is 40.82 and Price to Sales (PS) ratio is 7.52. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NFLX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Netflix Inc's stock?

In the past 10 years, Netflix Inc has provided 0.292 (multiply by 100 for percentage) rate of return.