Netflix (NFLX) Price to FCF (2009 - 2026)
Netflix (NFLX) posted Price to FCF of 194.93 for Q2 2026, up 145.15% on a QoQ basis from 79.52 in Q1 2026, and down 22.33% year-over-year from 250.96 in Q2 2025.
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Analysis
Netflix (NFLX) Price to FCF (2009 - 2026) Analysis & Trends
Netflix has reported Price to FCF for 18 years, with the latest figure at 194.93 in Q2 2026.
- On a quarterly basis, Price to FCF fell 22.33% year-over-year to 194.93 in Q2 2026; TTM through Jun 2026 was 26.66, a 60.17% decrease from a year earlier, with the FY2025 full-year figure at 41.84, down 24.04% from the prior year.
- Price to FCF was 194.93 for Q2 2026 at Netflix, up from 79.52 in the prior quarter.
- The five-year high for Price to FCF was 6108.94 in Q2 2022, with the low at 72.56 in Q1 2023.
- Average Price to FCF over 5 years is 512.56, with a median of 192.94 recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Price to FCF jumped 554.79% in 2022, then slumped 97.61% in 2023.
- Over 5 years, Price to FCF stood at 395.27 in 2022, then tumbled by 66.29% to 133.24 in 2023, then soared by 107.61% to 276.63 in 2024, then decreased by 23.57% to 211.43 in 2025, then dropped by 7.8% to 194.93 in 2026.
- The last three Price to FCF figures came in at 194.93 (Q2 2026), 79.52 (Q1 2026), and 211.43 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,144.46 Bn | 3,901.99 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,981.30 Bn | 1,683.82 Bn | 49.47 Bn |
| 3 | Netflix | 296.22 Bn | 256.42 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 254.92 Bn | 72.79 Bn | 15.11 Bn |
| 5 | Shopify | 184.25 Bn | 161.43 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.00 Bn | 113.98 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.19 Bn | 56.24 Bn | - |
| 8 | PDD Holdings | 110.41 Bn | -141.52 Bn | 9.45 Bn |
| 9 | Spotify Technology | 104.89 Bn | 62.12 Bn | 1.86 Bn |
| 10 | AppLovin | 104.19 Bn | 94.23 Bn | 1.70 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.66 |
| Mar 31, 2026 | 34.06 |
| Dec 31, 2025 | 41.84 |
| Sep 30, 2025 | 56.65 |
| Jun 30, 2025 | 66.94 |
| Mar 31, 2025 | 53.31 |
| Dec 31, 2024 | 55.08 |
| Sep 30, 2024 | 42.55 |
| Jun 30, 2024 | 42.48 |
| Mar 31, 2024 | 37.68 |
| Dec 31, 2023 | 30.42 |
| Sep 30, 2023 | 29.11 |
| Jun 30, 2023 | 45.82 |
| Mar 31, 2023 | 52.36 |
| Dec 31, 2022 | 81.14 |
| Sep 30, 2022 | 146.10 |
| Jun 30, 2022 | 485.48 |
| Sep 30, 2021 | 1,787.33 |
| Jun 30, 2021 | 168.17 |
| Mar 31, 2021 | 93.90 |
API Access
Netflix Price to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-fcf&ticker=NFLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "ticker": "NFLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-fcf&ticker=NFLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();