Netflix (NFLX) EV to FCF (2009 - 2026)

Netflix has reported EV to FCF for 18 years, with the latest figure at 188.95 in Q2 2026.

• On a quarterly basis, EV to FCF fell 23.58% year-over-year to 188.95 in Q2 2026; TTM through Jun 2026 was 25.84, a 60.82% decrease from a year earlier, with the FY2025 full-year figure at 40.88, down 23.86% from the prior year.
• EV to FCF was 188.95 for Q2 2026 at Netflix, up from 77.1 in the prior quarter.
• The five-year high for EV to FCF was 5651.87 in Q2 2022, with the low at 68.86 in Q1 2023.
• Average EV to FCF over 5 years is 481.55, with a median of 188.2 recorded in 2025.
• The sharpest annual moves came in 2022 and 2023: EV to FCF surged 535.24% in 2022, then plunged 97.53% in 2023.
• Over 5 years, EV to FCF stood at 377.03 in 2022, then sank by 65.86% to 128.73 in 2023, then soared by 109.49% to 269.68 in 2024, then decreased by 23.39% to 206.59 in 2025, then decreased by 8.54% to 188.95 in 2026.
• The last three EV to FCF figures came in at 188.95 (Q2 2026), 77.1 (Q1 2026), and 206.59 (Q4 2025), per Business Quant data.