Netflix, Inc. (NFLX) vs Block, Inc. (SQ)
A side-by-side comparison of Netflix, Inc. and Block, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: NFLX is classified in Communication Services; SQ is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
NFLX
Netflix, Inc.
$72.39Communication ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
SQ
Block, Inc.
$88.67TechnologyAt close: Jan 24, 2025, 4:00 PM ET
Total return — NFLX vs SQ
growth of $100 · dividends reinvested · last 9yNFLX +777.6%SQ +578.4%NFLX compounded faster
NFLX SQ
NFLX vs SQ: by the numbers
- •NFLX is the larger company ($301.43B vs $51.73B market cap).
- •NFLX trades at the lower trailing earnings multiple (22.14 vs 49.81 P/E), one valuation lens rather than an overall verdict.
- •NFLX is profitable (28.22% net margin) while SQ runs a net loss (-2.04%).
- •SQ grew revenue faster over the past five years (13.19% vs 11.89% CAGR).
Metrics side by side
Valuation
| Metric | NFLX | SQ |
|---|---|---|
| P/E ratio | 22.14 | 49.81 |
| Forward P/E | 19.58 | N/A |
| P/S ratio | 6.20 | 2.35 |
| P/B ratio | 9.95 | 2.82 |
| PEG ratio | 1.34 | 2.00 |
| EV / EBITDA | 11.05 | 38.29 |
| FCF yield | 3.66% | 1.28% |
Profitability
| Metric | NFLX | SQ |
|---|---|---|
| Gross margin | 49.12% | 44.85% |
| Operating margin | 29.68% | 4.93% |
| Net margin | 28.22% | -2.04% |
| ROE | 45.27% | -2.30% |
| ROIC | 25.22% | -12.82% |
Growth (annualized)
| Metric | NFLX | SQ |
|---|---|---|
| Revenue CAGR (5Y) | 11.89% | 13.19% |
| EPS CAGR (5Y) | 32.58% | 34.72% |
| FCF CAGR (5Y) | 51.23% | 64.00% |
| Total return CAGR (5Y) | 6.29% | 4.50% |
Frequently asked
- Which has the lower trailing P/E, NFLX or SQ?
- NFLX has the lower trailing P/E: NFLX trades at 22.14 and SQ at 49.81. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, NFLX or SQ?
- Over the past five years, SQ grew revenue faster — NFLX at a 11.89% CAGR versus SQ at 13.19%.
- Is NFLX or SQ more profitable?
- NFLX runs the higher net margin — NFLX at 28.22% versus SQ at -2.04%.
- How have NFLX and SQ total returns compared?
- Over the past 5 years, NFLX delivered 22.57% and SQ delivered 4.50% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Netflix P/E ratioBlock P/E ratioNetflix dividend yieldBlock dividend yieldNetflix ROEBlock ROENetflix operating marginBlock operating marginNetflix revenue growthBlock revenue growthNetflix free cash flowBlock free cash flow
Netflix & Block appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.