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.
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 | Netflix | 325.83 Bn | 316.70 Bn | 6.52 Bn |
| 2 | Spotify Technology | 111.63 Bn | 100.71 Bn | 1.86 Bn |
| 3 | Tencent Music Entertainment | 13.00 Bn | 9.90 Bn | 582.00 Mn |
| 4 | FuboTV | 1.22 Bn | 3.14 Bn | 399.10 Mn |
| 5 | Huya | 947.78 Mn | 587.52 Mn | 37.58 Mn |
| 6 | iQIYI | 849.12 Mn | 364.94 Mn | 152.37 Mn |
| 7 | Kaltura | 229.15 Mn | 197.85 Mn | 34.54 Mn |
| 8 | CuriosityStream | 160.17 Mn | 111.78 Mn | 16.93 Mn |
| 9 | Cineverse | 54.91 Mn | 50.59 Mn | 10.66 Mn |
| 10 | LiveOne | 47.57 Mn | 47.56 Mn | 3.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 194.93 |
| Mar 31, 2026 | 79.52 |
| Dec 31, 2025 | 211.43 |
| Sep 30, 2025 | 190.95 |
| Jun 30, 2025 | 250.96 |
| Mar 31, 2025 | 149.18 |
| Dec 31, 2024 | 276.63 |
| Sep 30, 2024 | 138.18 |
| Jun 30, 2024 | 238.87 |
| Mar 31, 2024 | 122.48 |
| Dec 31, 2023 | 133.24 |
| Sep 30, 2023 | 87.52 |
| Jun 30, 2023 | 145.76 |
| Mar 31, 2023 | 72.56 |
| Dec 31, 2022 | 395.27 |
| Sep 30, 2022 | 222.02 |
| Jun 30, 2022 | 6,108.94 |
| Mar 31, 2022 | 207.60 |
| Dec 31, 2021 | -469.81 |
| Sep 30, 2021 | -3,182.34 |