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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Netflix (NFLX) Debt to Equity (2016 - 2025)

Netflix has reported Debt to Equity over the past 17 years, most recently at $0.54 for Q4 2025.

  • Quarterly results put Debt to Equity at $0.54 for Q4 2025, down 13.71% from a year ago — trailing twelve months through Dec 2025 was $0.54 (down 13.71% YoY), and the annual figure for FY2025 was $0.54, down 13.71%.
  • Debt to Equity for Q4 2025 was $0.54 at Netflix, down from $0.56 in the prior quarter.
  • Over the last five years, Debt to Equity for NFLX hit a ceiling of $1.21 in Q1 2021 and a floor of $0.54 in Q4 2025.
  • Median Debt to Equity over the past 5 years was $0.67 (2022), compared with a mean of $0.74.
  • Biggest five-year swings in Debt to Equity: plummeted 34.86% in 2021 and later grew 8.74% in 2024.
  • Netflix's Debt to Equity stood at $0.97 in 2021, then fell by 28.87% to $0.69 in 2022, then rose by 2.26% to $0.71 in 2023, then decreased by 10.85% to $0.63 in 2024, then decreased by 13.71% to $0.54 in 2025.
  • The last three reported values for Debt to Equity were $0.54 (Q4 2025), $0.56 (Q3 2025), and $0.58 (Q2 2025) per Business Quant data.