Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 21.24 as of 2026-09-16T23:05:48.385Z.
Consensus retrieved: 2026-09-13T23:27:29.740Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-16T23:05:48.385Z.
Quote observation: 2026-09-16T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 68b5d7c68b55c10ebb453b7e1c0f7ebaaad96356759c4bf8cc16d7c9b88604d2
Forward PE Ratio (21.24) = Dated Quote Price ($76.41) / Consensus Forward EPS ($3.60)
FORWARD PE RATIO
21.24
SECTOR MEDIAN · COMMUNICATION SERVICES
16.65
median of 21 covered companies
CURRENT VS SECTOR MEDIAN
+27.57%
vs the sector median at left
Netflix, Inc.
Market Cap
$318.17B
Forward PE Ratio
21.24
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Netflix, Inc. (NFLX) | $318.17B | 21.24 |
| Verizon Communications Inc. (VZ)vs › | $207.78B | 9.97 |
| T-Mobile US, Inc. (TMUS)vs › | $189.07B | 16.16 |
| The Walt Disney Company (DIS)vs › | $185.75B | 15.48 |
| AT&T Inc. (T)vs › | $177.34B | 11.06 |
| Tencent Holdings Limited (TCEHY)vs › | $491.21B | N/A |
| Spotify Technology S.A. (SPOT)vs › | $112.54B | N/A |
| DoorDash, Inc. (DASH)vs › | $85.73B | 75.28 |
| Comcast Corporation (CMCSA)vs › | $84.21B | 6.77 |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.38B | N/A |
Trailing P/E
24.0
reported TTM EPS
Forward P/E
21.2
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.60 implies +13.2% EPS growth vs the reported trailing $3.18.
At the dated quote price of $76.41, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $3.60 | $3.56 – $3.69 | 32 | 21.2x |
| 2027-12-31 | $3.81 | $3.58 – $4.07 | 34 | 20.0x |
| 2028-12-31 | $4.58 | $3.81 – $5.10 | 32 | 16.7x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
