Netflix (NFLX) Return on Capital Employed (2009 - 2026)

Netflix (NFLX) has reported Return on Capital Employed for 18 consecutive years, with 30.18% the latest figure, recorded in Q1 2026.

• In Q1 2026, Return on Capital Employed rose 438.0% year-over-year to 30.18%; the TTM figure through Mar 2026 stood at 30.18% (up 438.0% YoY), while the FY2025 annual figure was 30.54%, up 477.0% from the prior year.
• Return on Capital Employed came in at 30.18% for Q1 2026 at Netflix, roughly flat from 30.09% in the prior quarter.
• The five-year high for Return on Capital Employed was 30.18% in Q1 2026, with the low at 13.2% in Q1 2023.
• Average Return on Capital Employed over 5 years is 20.76%, with a median of 19.93% recorded in 2024.
• Across the five-year window, Return on Capital Employed slumped 470 bps in 2022 and jumped 975 bps in 2024, its largest moves.
• Year by year, Return on Capital Employed stood at 14.03% in 2022, then rose by 23 bps to 17.27% in 2023, then surged by 43 bps to 24.69% in 2024, then grew by 22 bps to 30.09% in 2025, then rose by 0 bps to 30.18% in 2026.
• According to Business Quant data, Return on Capital Employed over the past three periods registered 30.18%, 30.09%, and 28.55% for Q1 2026, Q4 2025, and Q3 2025 respectively.