🎉 M&A multiples are live!
Check it out!

Netflix Valuation Multiples

Discover revenue and EBITDA valuation multiples for Netflix and similar public comparables like DouYu, Nine Entertainment, and Meb Corporation.

Netflix Overview

About Netflix

Netflix’s relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.


Founded

1997

HQ

United States of America
Employees

14K+

Website

netflix.com

Financials

LTM Revenue $41.7B

LTM EBITDA $12.4B

EV

$570B

Valuation Multiples

Multiples.vc

Sign up to see

Valuation Multiples for 12K+ Public Comps

Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.

Netflix Financials

Netflix has a last 12-month revenue (LTM) of $41.7B and a last 12-month EBITDA of $12.4B.

In the most recent fiscal year, Netflix achieved revenue of $39.0B and an EBITDA of $26.3B.

Netflix expects next 12-month revenue of  XXX    and NTM EBITDA of  XXX

See Netflix valuation multiples based on analyst estimates

Netflix P&L

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue $41.7B XXX $39.0B XXX XXX XXX
Gross Profit $19.7B XXX $18.0B XXX XXX XXX
Gross Margin 47% XXX 46% XXX XXX XXX
EBITDA $12.4B XXX $26.3B XXX XXX XXX
EBITDA Margin 30% XXX 67% XXX XXX XXX
EBIT $11.8B XXX $10.4B XXX XXX XXX
EBIT Margin 28% XXX 27% XXX XXX XXX
Net Profit $9.9B XXX $8.7B XXX XXX XXX
Net Margin 24% XXX 22% XXX XXX XXX
Net Debt XXX XXX $7.8B XXX XXX XXX

Financial data powered by Morningstar, Inc.

Netflix Stock Performance

As of June 30, 2025, Netflix's stock price is $1323.

Netflix has current market cap of $563B, and EV of $570B.

See Netflix trading valuation data

Netflix Stock Data

EV Market Cap Price 1D Price 1M Price 3M Price 12M EPS
$570B $563B XXX XXX XXX XXX $22.65

Benchmark Trading Valuation Multiples by Industry

Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more

Start Free Trial

Netflix Valuation Multiples

As of June 30, 2025, Netflix has market cap of $563B and EV of $570B.

Netflix's trades at 14.6x EV/Revenue multiple, and 21.7x EV/EBITDA.

Equity research analysts estimate Netflix's 2025E EV/Revenue multiple at  XXX and 2025E EV/EBITDA multiple at  XXX

Netflix has a P/E ratio of 57.0x.

See valuation multiples for Netflix and 12K+ public comps

Netflix Financial Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Market cap (current) $563B XXX $563B XXX XXX XXX
EV (current) $570B XXX $570B XXX XXX XXX
EV/Revenue 13.7x XXX 14.6x XXX XXX XXX
EV/EBITDA 46.0x XXX 21.7x XXX XXX XXX
EV/EBIT 48.4x XXX 54.7x XXX XXX XXX
EV/Gross Profit 28.9x XXX n/a XXX XXX XXX
P/E 57.0x XXX 64.6x XXX XXX XXX
EV/FCF 72.5x XXX 82.3x XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Get Netflix Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.

Start Free Trial

Netflix Margins & Growth Rates

Netflix's last 12 month revenue growth is 13%

Netflix's revenue per employee in the last FY averaged $2.8M, while opex per employee averaged $0.5M for the same period.

Netflix's rule of 40 is 77% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Netflix's rule of X is 63% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Netflix and other 12K+ public comps

Netflix Operational Valuation Multiples

LTM NTM Last FY FY 2025 FY 2026 FY 2027
Revenue Growth 13% XXX 13% XXX XXX XXX
EBITDA Margin 30% XXX 67% XXX XXX XXX
EBITDA Growth 22% XXX -20% XXX XXX XXX
Rule of 40 77% XXX 81% XXX XXX XXX
Bessemer Rule of X XXX XXX 63% XXX XXX XXX
Revenue per Employee XXX XXX $2.8M XXX XXX XXX
Opex per Employee XXX XXX $0.5M XXX XXX XXX
S&M Expenses to Revenue XXX XXX 7% XXX XXX XXX
G&A Expenses to Revenue XXX XXX n/a XXX XXX XXX
R&D Expenses to Revenue XXX XXX 8% XXX XXX XXX
Opex to Revenue XXX XXX 19% XXX XXX XXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 220+ Verticals

Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!

Digital Therapeutics
Pharma Analytics
Private Equity
ERP Software
Developer Tools
Consumer SaaS
Streaming Platforms

Netflix Public Comps

See public comps and valuation multiples for Streaming and Content Production comps
EV/Revenue EV/EBITDA
2025E 2026E 2027E 2025E 2026E 2027E
Kartoon Studios XXX XXX XXX XXX XXX XXX
Nine Entertainment XXX XXX XXX XXX XXX XXX
Seven West Media XXX XXX XXX XXX XXX XXX
DouYu XXX XXX XXX XXX XXX XXX
Meb Corporation XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX
XXXXXXXX XXX XXX XXX XXX XXX XXX

Valuation data powered by FactSet, Inc.

Netflix M&A and Investment Activity

Netflix acquired  XXX companies to date.

Last acquisition by Netflix was  XXXXXXXX, XXXXX XXXXX XXXXXX . Netflix acquired  XXXXXXXX for  XXX (EV/Revenue multiple of  XXX ).

See M&A valuation multiples

Latest Acquisitions by Netflix

Acquired Company EV EV/Revenue EV/EBITDA
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX
XXXXXXXXX XXX XXX XXX

Get Verified M&A Valuation Multiples

Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.

Start Free Trial

About Netflix

When was Netflix founded? Netflix was founded in 1997.
Where is Netflix headquartered? Netflix is headquartered in United States of America.
How many employees does Netflix have? As of today, Netflix has 14K+ employees.
Who is the CEO of Netflix? Netflix's CEO is Mr. Ted Sarandos.
Is Netflix publicy listed? Yes, Netflix is a public company listed on NAS.
What is the stock symbol of Netflix? Netflix trades under NFLX ticker.
When did Netflix go public? Netflix went public in 2002.
Who are competitors of Netflix? Similar companies to Netflix include e.g. Kartoon Studios, Nine Entertainment, Seven West Media, DouYu.
What is the current market cap of Netflix? Netflix's current market cap is $563B
What is the current revenue of Netflix? Netflix's last 12 months revenue is $41.7B.
What is the current revenue growth of Netflix? Netflix revenue growth (NTM/LTM) is 13%.
What is the current EV/Revenue multiple of Netflix? Current revenue multiple of Netflix is 13.7x.
Is Netflix profitable? Yes, Netflix is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of Netflix? Netflix's last 12 months EBITDA is $12.4B.
What is Netflix's EBITDA margin? Netflix's last 12 months EBITDA margin is 30%.
What is the current EV/EBITDA multiple of Netflix? Current EBITDA multiple of Netflix is 46.0x.
What is the current FCF of Netflix? Netflix's last 12 months FCF is $7.9B.
What is Netflix's FCF margin? Netflix's last 12 months FCF margin is 19%.
What is the current EV/FCF multiple of Netflix? Current FCF multiple of Netflix is 72.5x.

Join Now Or Talk To Us

Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.