Growth Metrics

Netflix (NFLX) Return on Invested Capital (2016 - 2025)

Netflix has reported Return on Invested Capital over the past 17 years, most recently at 0.43% for Q4 2025.

  • Quarterly results put Return on Invested Capital at 0.43% for Q4 2025, up 7.0% from a year ago — trailing twelve months through Dec 2025 was 0.43% (up 7.0% YoY), and the annual figure for FY2025 was 0.42%, up 4.0%.
  • Return on Invested Capital for Q4 2025 was 0.43% at Netflix, roughly flat from 0.43% in the prior quarter.
  • Over the last five years, Return on Invested Capital for NFLX hit a ceiling of 0.43% in Q2 2025 and a floor of 0.14% in Q1 2021.
  • Median Return on Invested Capital over the past 5 years was 0.28% (2022), compared with a mean of 0.29%.
  • Biggest five-year swings in Return on Invested Capital: grew 17bps in 2022 and later dropped -9bps in 2023.
  • Netflix's Return on Invested Capital stood at 0.21% in 2021, then grew by 12bps to 0.23% in 2022, then grew by 20bps to 0.28% in 2023, then rose by 28bps to 0.36% in 2024, then rose by 20bps to 0.43% in 2025.
  • The last three reported values for Return on Invested Capital were 0.43% (Q4 2025), 0.43% (Q3 2025), and 0.43% (Q2 2025) per Business Quant data.