Netflix, Inc. risk profile
30 Normal where most of the sector sits
Measured 21 October 2026 from NFLX's filed statements. Recomputed nightly.
30 (Normal), driven by Concentration at 66, over 6 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 54 | Elevated | Stable | Drawdown from the 52-week high — 43.7% |
| Operating pressure | 20 | Normal | Stable | Costs outgrowing revenue — -4.4 percentage points |
| Cash conversion | 27 | Normal | Stable | Cash conversion — 0.92x |
| Leverage and coverage | 14 | Contained | Stable | Current ratio — 1.19x |
| Competitive position | 23 | Normal | Stable | Operating-margin gap against peers — +12.8 percentage points |
| Concentration | 66 | Stretched | Stable | Supplier concentration — 10,000 HHI |
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.