Growth Metrics

Netflix (NFLX) Return on Capital Employed (2016 - 2026)

Netflix has reported Return on Capital Employed over the past 18 years, most recently at 30.18% for Q1 2026.

  • For Q1 2026, Return on Capital Employed rose 438.0% year-over-year to 30.18%; the TTM value through Mar 2026 reached 30.18%, up 438.0%, while the annual FY2025 figure was 30.54%, 477.0% up from the prior year.
  • Return on Capital Employed for Q1 2026 was 30.18% at Netflix, roughly flat from 30.09% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 30.18% in Q1 2026 and troughed at 13.2% in Q1 2023.
  • A 5-year average of 20.76% and a median of 19.93% in 2024 define the central range for Return on Capital Employed.
  • Biggest five-year swings in Return on Capital Employed: tumbled -470bps in 2022 and later skyrocketed 975bps in 2024.
  • Year by year, Return on Capital Employed stood at 14.03% in 2022, then increased by 23bps to 17.27% in 2023, then skyrocketed by 43bps to 24.69% in 2024, then rose by 22bps to 30.09% in 2025, then increased by 0bps to 30.18% in 2026.
  • Business Quant data shows Return on Capital Employed for NFLX at 30.18% in Q1 2026, 30.09% in Q4 2025, and 28.55% in Q3 2025.