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Netflix, Inc. (NFLX) Enterprise Value (EV): $401.96B

The enterprise value (EV) for Netflix, Inc. (NFLX) is $401.96B as of Wednesday, June 10, 2026.

NFLX Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$401.96B

NFLX Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Netflix, Inc. (NFLX)$345.29B$401.96B
T-Mobile US, Inc. (TMUS)$200.66B$345.70B
Verizon Communications Inc. (VZ)$195.94B$353.67B
The Walt Disney Company (DIS)$171.20B$243.88B
AT&T Inc. (T)$161.17B$333.83B
Tencent Holdings Limited (TCEHY)$535.26B$732.18B
Spotify Technology S.A. (SPOT)$103.45B$115.80B
Comcast Corporation (CMCSA)$85.63B$202.77B
Electronic Arts Inc. (EA)$50.95B$49.59B
Reddit, Inc. (RDDT)$33.69B$41.91B

Enterprise Value Calculation

Market Cap

$345.29B

+

Total Debt

$14.46B

Cash

$9.03B

=

Enterprise Value

$401.96B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Netflix, Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Netflix, Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Netflix, Inc. (NFLX)?
The enterprise value (EV) for NFLX stock is $401.96B.

About Netflix, Inc.

Netflix, Inc. serves as a worldwide entertainment provider. Its comprehensive library features television series, motion pictures, documentaries, and mobile games, spanning numerous genres and languages. Members can effortlessly stream this content through a variety of internet-connected devices, including smart TVs, digital media players, cable boxes, and mobile phones. Furthermore, the company continues to offer a DVD-by-mail subscription service to its customers in the United States. With roughly 222 million paying subscribers distributed across 190 countries, Netflix was founded in 1997 and is headquartered in Los Gatos, California.

Los Gatos, CA
14,000 employees
Communication Services / Entertainment
Sector
Communication Services
Industry
Entertainment
CEO
Theodore A. Sarandos