Netflix, Inc.
Research Netflix, Inc. (NFLX) on Bullrun: valuation model: 24.7% undervalued, market cap USD 292.72B, P/E 22.1. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNFLX
- ExchangeNASDAQ
- CountryUnited States
- SectorCommunication Services
- IndustryEntertainment
- CurrencyUSD
- Valuation signal24.7% undervalued
- Market capUSD 292.72B
- P/E22.1
- Financial periodQ2 2026
- RevenueUSD 12.56B
- Net incomeUSD 3.40B
- Free cash flowUSD 1.53B
- Gross margin51.9%
Valuation Snapshot
Bullrun's latest valuation model marks Netflix, Inc. as 24.7% undervalued; latest market cap is USD 292.72B; P/E is 22.1.
Peer valuation comparison
Latest P/E is 22.15x versus a Communication Services sector median of 16.24x (36.4% above).
Latest P/E is 22.15x versus a United States median of 23.85x (7.2% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 45.18B | USD 10.98B | USD 9.46B | 48.5% | 2.53 | USD 9.03B | USD 14.46B | USD 26.62B |
| FY2024 | USD 39.00B | USD 8.71B | USD 6.92B | 46.1% | 1.98 | USD 7.80B | USD 15.58B | USD 24.74B |
| FY2023 | USD 33.72B | USD 5.41B | USD 6.93B | 41.5% | 1.2 | USD 7.12B | USD 14.54B | USD 20.59B |
| FY2022 | USD 31.62B | USD 4.49B | USD 1.62B | 39.4% | 1 | USD 5.15B | USD 14.35B | USD 20.78B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 292.72B | 22.1 | n/a | n/a |
| 2025 | 2025-12-31 | USD 395.87B | 37.1 | n/a | n/a |
| 2024 | 2024-12-31 | USD 381.27B | 45.0 | n/a | n/a |
| 2023 | 2023-12-29 | USD 213.10B | 48.5 | n/a | n/a |
| 2022 | 2022-12-30 | USD 131.23B | 26.4 | n/a | n/a |
| 2021 | 2021-12-31 | USD 267.46B | 53.6 | n/a | n/a |
About Netflix, Inc.
Netflix, Inc. provides entertainment services worldwide. The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages. It also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.
ETFs that hold Netflix, Inc.
Netflix, Inc. is one of the ten largest holdings of 25 ETFs that investors in Europe can buy. The 8 most traded of them:
Compare every fund on the same index:
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Frequently asked questions
Is Netflix, Inc. overvalued or undervalued?
Bullrun's valuation model currently marks Netflix, Inc. as 24.7% undervalued.
What is Netflix, Inc.'s market cap?
Netflix, Inc.'s market capitalization is USD 292.72B.
What is Netflix, Inc.'s P/E ratio?
Netflix, Inc.'s price-to-earnings (P/E) ratio is 22.1.
What does Netflix, Inc. do?
Netflix, Inc. provides entertainment services worldwide. The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages. It also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.