NFLX

Netflix
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NFLX

Arincen91/100B

Netflix return on equity (ROE)

Netflix's return on equity is 50.42%: net income of 14.77B USD over the last twelve months on shareholders' equity of 29.29B USD.

Today
50.42%
Average, 5 years
32.49%
Low, 5 years
18.60%
High, 5 years
50.42%

ROE (return on equity) = net income (last 12 months) ÷ shareholders' equity = 14.77B ÷ 29.29B = 50.42%

ROE (return on equity)
Net income
Shareholders' equity

Each quarter's net income over its last four quarters, over the shareholders' equity at the quarter end.

Why is Netflix's return on equity so high?

Net margin
24.3%
profit on each dollar of sales
Asset turnover
0.81×
sales on each dollar of assets
Equity multiplier
2.09×
assets on each dollar of equity
Return on equity
41.3%
FY2025
  • FY202524.3% × 0.81 × 2.09 = 41.3%
  • FY202422.3% × 0.73 × 2.17 = 35.2%
  • FY202316.0% × 0.69 × 2.37 = 26.3%
  • FY202214.2% × 0.65 × 2.34 = 21.6%
  • FY202117.2% × 0.67 × 2.81 = 32.3%

The DuPont breakdown, on each year-end's assets and equity, as the return on equity elsewhere on this page. A high equity multiplier means a small equity base: debt, or buybacks that return the equity to shareholders, lift the return on what is left.

ROE (return on equity) by year and by quarter

Fiscal yearPeriod endingROE (return on equity)Net incomeShareholders' equity
Today50.42%14.77B29.29B
FY202531 Dec 202541.26%10.98B26.62B
FY202431 Dec 202435.21%8.71B24.74B
FY202331 Dec 202326.27%5.41B20.59B
FY202231 Dec 202221.62%4.49B20.78B
FY202131 Dec 202132.28%5.12B15.85B
FY202031 Dec 202024.96%2.76B11.07B
FY201931 Dec 201924.62%1.87B7.58B
FY201831 Dec 201823.12%1.21B5.24B
FY201731 Dec 201715.60%558.93M3.58B
FY201631 Dec 20166.97%186.68M2.68B
FY201531 Dec 20155.52%122.64M2.22B
FY201431 Dec 201414.36%266.80M1.86B
FY201331 Dec 20138.43%112.40M1.33B
FY201231 Dec 20122.30%17.15M744.67M
FY201131 Dec 201135.18%226.13M642.81M
FY201031 Dec 201055.44%160.85M290.16M
FY200931 Dec 200958.18%115.86M199.14M
FY200831 Dec 200823.92%83.03M347.16M
FY200731 Dec 200715.58%66.95M429.81M
FY200631 Dec 200611.85%49.08M414.21M
FY200531 Dec 200518.58%42.03M226.25M
FY200431 Dec 200413.82%21.60M156.28M
FY200331 Dec 20035.78%6.51M112.71M
FY200231 Dec 2002-24.56%-21.95M89.36M
FY200131 Dec 2001—-38.62M-90.50M
FY200031 Dec 2000—-58.27M-73.27M

Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.

See also:P/E ratio,Market cap,P/S ratio,Debt to equity,Current ratio,All ratios

Common questions about Netflix's ROE

Source: Financial Modeling PrepVerified against SEC filings