Netflix (NFLX) Price to FCF (2009 - 2026)
Netflix's (NFLX) Price to FCF stood at 25.12 in Q3 2026, down 55.7% from 56.65 a year earlier and down 5.8% from the prior quarter.
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Analysis
Netflix (NFLX) Price to FCF (2009 - 2026) Analysis & Trends
For FY2025, Netflix's Price to FCF came in at 41.84, down 24.0% from FY2024.
- Across earlier years, Price to FCF came in at 55.08 in FY2024 (+81.0%), 30.42 in FY2023 (-62.5%) and 81.14 in FY2022.
- The Q3 2026 figure is the lowest quarterly Price to FCF since Q4 2011.
- On a year-over-year basis, Price to FCF has declined for four consecutive quarters, with growth averaging 4.7% over the last eight quarters.
- Peak year-over-year performance for Price to FCF in the last five years was growth of 188.7% in Q2 2022, against a decline of 91.8% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.66 (Q2 2026), 34.06 (Q1 2026) and 41.84 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - |
| 10 | PDD Holdings | 116.11 Bn | -127.94 Bn | 9.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.12 |
| 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 |
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();