Netflix (NFLX) Debt Ratio (2009 - 2026)
Netflix's quarterly Debt Ratio came in at 0.24 in Q1 2026, down 18.36% year-on-year from 0.29 in Q1 2025, and down 9.53% quarter-over-quarter from 0.26 in Q4 2025.
Netflix has reported Debt Ratio for 18 years, with the latest figure at 0.24 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 18.36% year-over-year to 0.24; the trailing twelve-month figure through Mar 2026 stood at 0.24 (down 18.36% YoY), and the FY2025 full-year result was 0.26, down 10.47% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.24, down from 0.26 in the prior quarter.
- The five-year high for Debt Ratio was 0.32 in Q1 2022, with the low at 0.24 in Q1 2026.
- Average Debt Ratio over 5 years is 0.29, with a median of 0.29 recorded in 2023.
- Year-over-year, Debt Ratio decreased 19.49% in 2022 and grew 5.81% in 2024.
- Tracing NFLX's Debt Ratio over 5 years: stood at 0.3 in 2022, then climbed by 1.04% to 0.3 in 2023, then declined by 2.64% to 0.29 in 2024, then dropped by 10.47% to 0.26 in 2025, then decreased by 9.53% to 0.24 in 2026.
- The last three Debt Ratio figures came in at 0.24 (Q1 2026), 0.26 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 0.24 |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | 0.23 |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | 0.33 |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | 0.33 |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | 0.30 |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | 0.32 |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | - |
| 8 | News | 16.98 Bn | 15.50 Bn | - | 0.13 |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | 0.29 |
| 10 | Paramount Skydance | 12.11 Bn | 10.03 Bn | - | 0.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.30 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.36 |
| Jun 30, 2021 | 0.38 |
| Mar 31, 2021 | 0.39 |
| Dec 31, 2020 | 0.42 |
| Sep 30, 2020 | 0.42 |
| Jun 30, 2020 | 0.42 |
| Mar 31, 2020 | 0.42 |
| Dec 31, 2019 | 0.43 |
| Sep 30, 2019 | 0.40 |
| Jun 30, 2019 | 0.42 |
| Mar 31, 2019 | 0.38 |
| Dec 31, 2018 | 0.40 |
| Sep 30, 2018 | 0.36 |
| Jun 30, 2018 | 0.37 |
| Mar 31, 2018 | 0.32 |
| Dec 31, 2017 | 0.34 |
| Sep 30, 2017 | 0.29 |
| Jun 30, 2017 | 0.29 |
| Mar 31, 2017 | 0.23 |
| Dec 31, 2016 | 0.25 |
| Sep 30, 2016 | 0.19 |
| Jun 30, 2016 | 0.20 |
| Mar 31, 2016 | 0.21 |
| Dec 31, 2015 | 0.23 |
| Sep 30, 2015 | 0.24 |
| Jun 30, 2015 | 0.25 |
| Mar 31, 2015 | 0.26 |
| Dec 31, 2014 | 0.13 |
| Sep 30, 2014 | 0.13 |
| Jun 30, 2014 | 0.14 |
| Mar 31, 2014 | 0.15 |
| Dec 31, 2013 | 0.09 |
| Sep 30, 2013 | 0.10 |
| Mar 31, 2013 | 0.11 |
| Dec 31, 2012 | 0.05 |
| Sep 30, 2012 | 0.05 |
| Jun 30, 2012 | 0.06 |
| Mar 31, 2012 | 0.06 |
| Dec 31, 2011 | 0.07 |
| Sep 30, 2011 | 0.10 |
| Jun 30, 2011 | 0.02 |
| Mar 31, 2011 | 0.19 |
| Dec 31, 2010 | 0.21 |
| Sep 30, 2010 | 0.05 |
| Jun 30, 2010 | 0.05 |
| Mar 31, 2010 | 0.31 |
| Dec 31, 2009 | 0.30 |
| Sep 30, 2009 | 0.08 |
| Jun 30, 2009 | 0.07 |