netflix inc. - NFLX

NFLX

Close Chg Chg %
871.32 12.53 1.44%

Closed Market

883.85

+12.53 (1.44%)

Volume: 4.09M

Last Updated:

Nov 20, 2024, 4:00 PM EDT

Company Overview: netflix inc. - NFLX

NFLX Key Data

Open

$880.00

Day Range

868.40 - 890.60

52 Week Range

445.73 - 890.60

Market Cap

$372.45B

Shares Outstanding

427.46M

Public Float

424.66M

Beta

1.25

Rev. Per Employee

N/A

P/E Ratio

49.31

EPS

$18.06

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

3.14M

 

NFLX Performance

1 Week
 
7.27%
 
1 Month
 
15.70%
 
3 Months
 
28.70%
 
1 Year
 
84.30%
 
5 Years
 
184.67%
 

NFLX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 53
Full Ratings ➔

About netflix inc. - NFLX

Netflix, Inc. engages in providing entertainment services. It also offers activities for leisure time, entertainment video, video gaming, and other sources of entertainment. It operates through the United States and International geographic segments. The company was founded by Marc Randolph and Wilmot Reed Hastings on August 29, 1997 and is headquartered in Los Gatos, CA.

NFLX At a Glance

Netflix, Inc.
121 Albright Way
Los Gatos, California 95032
Phone 1-408-540-3700 Revenue 33.72B
Industry Internet Software/Services Net Income 5.41B
Sector Technology Services 2023 Sales Growth 6.667%
Fiscal Year-end 12 / 2024 Employees 13,000
View SEC Filings

NFLX Valuation

P/E Current 49.305
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 40.468
Price to Sales Ratio 6.49
Price to Book Ratio 10.234
Price to Cash Flow Ratio 30.086
Enterprise Value to EBITDA 10.632
Enterprise Value to Sales 6.781
Total Debt to Enterprise Value 0.074

NFLX Efficiency

Revenue/Employee 2,594,099.769
Income Per Employee 415,999.231
Receivables Turnover 18.307
Total Asset Turnover 0.686

NFLX Liquidity

Current Ratio 1.119
Quick Ratio 1.119
Cash Ratio 0.806

NFLX Profitability

Gross Margin 41.538
Operating Margin 20.621
Pretax Margin 18.401
Net Margin 16.036
Return on Assets 10.996
Return on Equity 26.147
Return on Total Capital 14.398
Return on Invested Capital 14.59

NFLX Capital Structure

Total Debt to Total Equity 82.442
Total Debt to Total Capital 45.188
Total Debt to Total Assets 34.105
Long-Term Debt to Equity 78.638
Long-Term Debt to Total Capital 43.103
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Netflix Inc. - NFLX

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
25.00B 29.70B 31.62B 33.72B
Sales Growth
+24.01% +18.81% +6.46% +6.67%
Cost of Goods Sold (COGS) incl D&A
15.28B 17.33B 19.17B 19.72B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
10.92B 12.44B 14.36B 14.55B
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
+22.80% +13.46% +10.59% +2.85%
Gross Income
9.72B 12.37B 12.45B 14.01B
Gross Income Growth
+25.96% +27.22% +0.66% +12.54%
Gross Profit Margin
+38.89% +41.64% +39.37% +41.54%
2020 2021 2022 2023 5-year trend
SG&A Expense
5.13B 6.17B 6.81B 7.05B
Research & Development
1.83B 2.27B 2.71B 2.68B
Other SG&A
3.30B 3.90B 4.10B 4.38B
SGA Growth
+0.44% +20.18% +10.43% +3.51%
Other Operating Expense
- - - -
-
Unusual Expense
- - - -
-
EBIT after Unusual Expense
4.59B 6.19B 5.63B 6.95B
Non Operating Income/Expense
(618.44M) 411.21M 337.31M (48.77M)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
767.50M 765.62M 706.21M 699.83M
Interest Expense Growth
+22.60% -0.24% -7.76% -0.90%
Gross Interest Expense
767.50M 765.62M 706.21M 699.83M
Interest Capitalized
- - - -
-
Pretax Income
3.20B 5.84B 5.26B 6.21B
Pretax Income Growth
+55.14% +82.54% -9.87% +17.89%
Pretax Margin
+12.80% +19.67% +16.65% +18.40%
Income Tax
437.95M 723.88M 772.00M 797.41M
Income Tax - Current - Domestic
90.04M 167.17M 229.71M 1.04B
Income Tax - Current - Foreign
277.85M 357.19M 676.83M 304.54M
Income Tax - Deferred - Domestic
106.92M 186.24M (83.13M) (468.24M)
Income Tax - Deferred - Foreign
(36.85M) 13.28M (51.40M) (74.74M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.76B 5.12B 4.49B 5.41B
Minority Interest Expense
- - - -
-
Net Income
2.76B 5.12B 4.49B 5.41B
Net Income Growth
+47.91% +85.28% -12.20% +20.39%
Net Margin Growth
+11.05% +17.23% +14.21% +16.04%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.76B 5.12B 4.49B 5.41B
Preferred Dividends
- - - -
-
Net Income Available to Common
2.76B 5.12B 4.49B 5.41B
EPS (Basic)
6.2628 11.545 10.1011 12.2472
EPS (Basic) Growth
+46.87% +84.34% -12.51% +21.25%
Basic Shares Outstanding
440.92M 443.15M 444.70M 441.57M
EPS (Diluted)
6.0796 11.2353 9.9535 12.0312
EPS (Diluted) Growth
+47.12% +84.80% -11.41% +20.87%
Diluted Shares Outstanding
454.21M 455.37M 451.29M 449.50M
EBITDA
15.51B 18.63B 20.00B 21.51B
EBITDA Growth
+30.06% +20.15% +7.31% +7.57%
EBITDA Margin
+62.04% +62.74% +63.25% +63.78%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 784.952
Number of Ratings 53 Current Quarters Estimate 4.206
FY Report Date 12 / 2024 Current Year's Estimate 19.797
Last Quarter’s Earnings 5.40 Median PE on CY Estimate N/A
Year Ago Earnings 12.03 Next Fiscal Year Estimate 23.729
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 38 21 42 42
Mean Estimate 4.21 6.04 19.80 23.73
High Estimates 4.39 6.37 20.40 25.97
Low Estimate 3.90 5.78 19.46 20.77
Coefficient of Variance 2.47 2.38 0.75 3.44

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 26 27 27
OVERWEIGHT 6 6 5
HOLD 18 16 17
UNDERWEIGHT 1 1 1
SELL 2 2 1
MEAN Overweight Overweight Overweight

Insider Actions for Netflix Inc. - NFLX

Date Name Shares Transaction Value
Nov 8, 2024 Leslie J. Kilgore Director 35,615 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $177.01 per share 6,304,211.15
Nov 8, 2024 Leslie J. Kilgore Director 35,262 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $775 per share 27,328,050.00
Nov 8, 2024 Leslie J. Kilgore Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 27, 2024 Gregory K. Peters Co-CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 27, 2024 Gregory K. Peters Co-CEO; Director 13,090 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $725 per share 9,490,250.00
Sep 27, 2024 Leslie J. Kilgore Director 35,262 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $725 per share 25,564,950.00
Sep 27, 2024 Gregory K. Peters Co-CEO; Director 17,482 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $155.35 per share 2,715,828.70
Sep 27, 2024 Leslie J. Kilgore Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Sep 27, 2024 Leslie J. Kilgore Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 4, 2024 Jay Crandall Hoag Director 93 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Wilmot Reed Hastings Executive Chairman; Director 336 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $673.97 per share 226,453.92
Jul 3, 2024 Bradford L. Smith Director 93 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Jeffrey W. Karbowski Chief Accounting Officer 278 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 3, 2024 Wilmot Reed Hastings Executive Chairman; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 3, 2024 Wilmot Reed Hastings Executive Chairman; Director 57 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $674.89 per share 38,468.73
Jul 3, 2024 Wilmot Reed Hastings Executive Chairman; Director 5,849 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $672.18 per share 3,931,580.82
Jul 3, 2024 Wilmot Reed Hastings Executive Chairman; Director 9,877 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $671.06 per share 6,628,059.62
Jul 3, 2024 Wilmot Reed Hastings Executive Chairman; Director 15,287 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $668.97 per share 10,226,544.39
Jul 3, 2024 Wilmot Reed Hastings Executive Chairman; Director 16,867 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $667.75 per share 11,262,939.25
Jul 3, 2024 Wilmot Reed Hastings Executive Chairman; Director 19,820 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $665.78 per share 13,195,759.60

Netflix Inc. in the News

Markets

Costco's 'Netflix moment' big win

Costco's decision to install membership card scanners in U.S. stores could lead to the retailer's own version of a "Netflix moment," according to Morgan Stanley analysts.

Technology

Netflix wants you to binge games

Netflix detailed some of its efforts to boost its video game business, including a new cadence of releases for its "Netflix Stories" games and publishing a "Squid Games"-inspired multiplayer game.