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Netflix Inc Stock Research

NFLX

328.39USD+8.02(+2.50%)Market Closed

Market Summary

USD328.39+8.02
Market Closed
2.50%

NFLX Alerts

NFLX Stock Price

NFLX RSI Chart

NFLX Valuation

Market Cap

146.2B

Price/Earnings (Trailing)

32.56

Price/Sales (Trailing)

4.63

EV/EBITDA

24.46

Price/Free Cashflow

90.36

NFLX Price/Sales (Trailing)

NFLX Profitability

Operating Margin

39.37%

EBT Margin

16.65%

Return on Equity

21.62%

Return on Assets

9.24%

Free Cashflow Yield

1.11%

NFLX Fundamentals

NFLX Revenue

Revenue (TTM)

31.6B

Revenue Y/Y

1.85%

Revenue Q/Q

-0.93%

NFLX Earnings

Earnings (TTM)

4.5B

Earnings Y/Y

-90.9%

Earnings Q/Q

-96.05%

Price Action

52 Week Range

162.71396.50
(Low)(High)

Last 7 days

5.9%

Last 30 days

-1.9%

Last 90 days

11.3%

Trailing 12 Months

-12.6%

NFLX Financial Health

Current Ratio

1.17

Debt/Equity

0.63

Debt/Cashflow

0.15

NFLX Investor Care

Shares Dilution (1Y)

0.31%

Diluted EPS (TTM)

9.95

Peers (Alternatives to Netflix)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
171.7B
84.4B
-7.47% -32.30%
51.72
2.03
15.66% 7.72%
146.2B
31.6B
-1.94% -12.59%
32.56
4.63
6.46% -12.20%
15.3B
16.7B
-12.58% -44.05%
51.53
0.91
166.11% 145.47%
MID-CAP
6.3B
1.3B
-0.14% 38.29%
32.29
4.89
17.93% 10.25%
4.6B
3.9B
-28.59% -77.90%
-4.75
1.18
54.73% 23.28%
4.5B
-
-1.64% 14.12%
80.64
5.31
97.57% 3.36%
2.4B
1.5B
-17.04% -29.69%
118.12
1.58
65.41% 113.51%
SMALL-CAP
1.9B
2.0B
-9.97% -34.46%
-19.77
0.96
52.20% 29.12%
1.6B
2.5B
5.09% -21.57%
-5.96
0.66
62.51% 35.86%
394.8M
671.0M
2.84% 29.05%
17.63
0.59
10.71% 16.06%
70.8M
205.8M
-8.81% -25.00%
-3.11
0.34
97.60% -232.34%
54.0M
82.0M
-0.19% -50.10%
-17.44
0.66
3.09% -182.95%
45.8M
175.2M
-46.68% -70.96%
-0.67
0.26
85.09% -73.73%

Financials for Netflix

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.5%31,61631,47331,03130,40229,698
Cost Of Revenue0.9%19,16819,00418,42217,74917,333
  S&GA Expenses-0.3%1,5731,5781,5271,4521,352
  R&D Expenses1.0%2,7112,6852,5862,4062,274
EBITDA-7.4%6,3076,8086,8506,7916,814
EBITDA Margin-7.8%0.20*0.22*0.22*0.22*0.23*
Earnings Before Taxes-8.9%5,2645,7755,8155,7855,840
EBT Margin-9.3%0.17*0.18*0.19*0.19*0.20*
Interest Expenses-2.6%706725743759766
Net Income-10.9%4,4925,0445,0955,0075,116
Net Income Margin-11.3%0.14*0.16*0.16*0.16*0.17*
Free Cahsflow125.7%1,619717160-26.56-131
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.2%48,59547,56246,35145,33144,585
  Current Assets5.1%9,2668,8177,8418,0988,070
    Cash Equivalents-15.8%5,1476,1145,8446,0356,028
  Net PPE1.9%1,3981,3731,3621,3841,323
Liabilities2.9%27,81727,03427,27527,78728,735
  Current Liabilities2.1%7,9317,7667,5007,7408,489
.    Short Term BorrowingsNaN%----700
  Long Term Debt-3.2%13,17513,61015,72918,030-
    LT Debt, Non Current3.3%14,35313,88814,23314,53514,693
Shareholder's Equity1.2%20,77720,52819,07617,54415,849
  Retained Earnings0.3%17,18117,12615,72814,28712,689
Accumulated Depreciation6.8%710665690616-
Shares Outstanding0.1%445445445444444
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations71.8%2,0261,179705538393
  Share Based Compensation10.5%575521464415403
Cashflow From Investing-43.8%-2,076-1,443-1,547-1,499-1,339
Cashflow From Financing17.7%-664-806-892-1,384-1,149
  Buy BacksNaN%0.000.00133600-

Risks for NFLX

What is the probability of a big loss on NFLX?

63.9%


Probability that Netflix stock will be more than 20% underwater in next one year

56.5%


Probability that Netflix stock will be more than 30% underwater in next one year.

33.9%


Probability that Netflix stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NFLX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Netflix was unfortunately bought at previous high price.

Drawdowns

Returns for NFLX

Cumulative Returns on NFLX

28.3%


10-Year Cumulative Returns

18.8%


7-Year Cumulative Returns

1.8%


5-Year Cumulative Returns

-2.8%


3-Year Cumulative Returns

What are the long-term rolling returns for NFLX?

FIve years rolling returns for Netflix.

Annualized Returns

Which funds bought or sold NFLX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-4.03
828,068
4,963,070
0.14%
2023-03-13
Claro Advisors LLC
reduced
-3.7
283,525
737,525
0.24%
2023-03-10
BAILLIE GIFFORD & CO
reduced
-0.25
409,107,000
2,049,540,000
2.14%
2023-03-10
MATHER GROUP, LLC.
added
5.22
145,978
605,978
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
32.81
47,666,800
119,523,000
0.13%
2023-03-07
Great Lakes Retirement, Inc.
new
-
1,151,980
1,151,980
0.30%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-56.6
-54,811,000
65,257,000
0.33%
2023-03-03
Crumly & Associates Inc.
added
2.47
140,172
635,172
0.24%
2023-03-03
TIAA, FSB
reduced
-1.47
2,483,660
13,087,700
0.05%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
added
13.71
54,415
183,415
0.10%

1–10 of 45

Latest Funds Activity

Are funds buying NFLX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NFLX
No. of Funds

Netflix News

Yahoo Finance

35 Best New Movies on Netflix.

Yahoo Finance,
14 hours ago

Yahoo Finance

15 Most Anticipated TV Shows of 2023.

Yahoo Finance,
17 hours ago

Yahoo Finance

The Motley Fool

Investor's Business Daily

MarketBeat

TheStreet

Investopedia

Schedule 13G FIlings of Netflix

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 10, 2021
vanguard group inc
7.51%
33,200,737
SC 13G/A
Jan 29, 2021
blackrock inc.
6.5%
28,731,448
SC 13G/A
Feb 14, 2020
capital research global investors
8.6%
38,002,047
SC 13G/A

NFLX Fair Value

Netflix fair value in different scenarios

The table shows the Fair Value estimates for Netflix for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

222.33

-32.30%

322.18

-1.89%

485.31

47.78%

700.14

113.20%

818.48

149.24%
Current Inflation

203.38

-38.07%

289.41

-11.87%

426.60

29.91%

607.25

84.92%

705.88

114.95%
Very High Inflation

180.04

-45.17%

249.92

-23.90%

357.61

8.90%

499.64

52.15%

576.26

75.48%

Historical Netflix Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Netflix

View All Filings
Date Filed Form Type Document
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading

Latest Insider Trading transactions for NFLX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-31
Hoag Jay C
acquired
408,798
285
1,431
-
2023-01-31
Hoag Jay C
acquired
350,318
154
2,267
-
2023-01-31
Hoag Jay C
sold
-1,305,170
352
-3,698
-
2023-01-30
Hoag Jay C
sold
-
-
-237,382
-
2023-01-30
Hoag Jay C
acquired
-
-
91,517
-
2023-01-30
Hoag Jay C
acquired
-
-
8,486
-
2023-01-30
Hoag Jay C
sold
-
-
-91,517
-
2023-01-30
Hoag Jay C
sold
-
-
-123,276
-
2023-01-30
Hoag Jay C
sold
-
-
-2,052
-

1–10 of 50

Wilmot R. Hastings
11300
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. It also provides DVDs-by-mail membership services in the United States. The company has approximately 222 million paid members in 190 countries. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.

NFLX Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenues$ 31,615,550$ 29,697,844$ 24,996,056
Cost of revenues19,168,28517,332,68315,276,319
Marketing2,530,5022,545,1462,228,362
Technology and development2,711,0412,273,8851,829,600
General and administrative1,572,8911,351,6211,076,486
Operating income5,632,8316,194,5094,585,289
Other income (expense):   
Interest expense(706,212)(765,620)(767,499)
Interest and other income (expense)337,310411,214(618,441)
Income before income taxes5,263,9295,840,1033,199,349
Provision for income taxes(772,005)(723,875)(437,954)
Net income$ 4,491,924$ 5,116,228$ 2,761,395
Earnings per share:   
Basic (in USD per share)$ 10.10$ 11.55$ 6.26
Diluted (in USD per share)$ 9.95$ 11.24$ 6.08
Weighted-average common shares outstanding:   
Basic (in shares)444,698443,155440,922
Diluted (in shares)451,290455,372454,208

NFLX Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 5,147,176$ 6,027,804
Short-term investments911,2760
Other current assets3,208,0212,042,021
Total current assets9,266,4738,069,825
Content assets, net32,736,71330,919,539
Property and equipment, net1,398,2571,323,453
Other non-current assets5,193,3254,271,846
Total assets48,594,76844,584,663
Current liabilities:  
Current content liabilities4,480,1504,292,967
Accounts payable671,513837,483
Accrued expenses and other liabilities1,514,6501,449,351
Deferred revenue1,264,6611,209,342
Short-term debt0699,823
Total current liabilities7,930,9748,488,966
Non-current content liabilities3,081,2773,094,213
Long-term debt14,353,07614,693,072
Other non-current liabilities2,452,0402,459,164
Total liabilities27,817,36728,735,415
Commitments and contingencies (Note 7)
Stockholders’ equity:  
Preferred stock, $0.001 par value; 10,000,000 shares authorized at December 31, 2022 and December 31, 2021; no shares issued and outstanding at December 31, 2022 and December 31, 202100
Common stock, $0.001 par value; 4,990,000,000 shares authorized at December 31, 2022 and December 31, 2021; 445,346,776 and 443,963,107 issued and outstanding at December 31, 2022 and December 31, 2021, respectively4,637,6014,024,561
Treasury stock at cost (1,564,478 shares at December 31, 2022 and December 31, 2021)(824,190)(824,190)
Accumulated other comprehensive loss(217,306)(40,495)
Retained earnings17,181,29612,689,372
Total stockholders’ equity20,777,40115,849,248
Total liabilities and stockholders’ equity$ 48,594,768$ 44,584,663