Netflix, Inc. logo
Netflix, Inc. (NFLX)
Compare

Netflix, Inc. (NFLX) PE Ratio: 26.22

Is Netflix, Inc.’s P/E ratio high or low?

Netflix, Inc.'s P/E ratio of 26.22 is 38% below its 5-year average of 42.03, near the low end of its 5-year range (15.10–66.26).

As of Friday, June 12, 2026. 38.58% below its 12-month average of 42.69.

PE Ratio (26.22) = Close Price ($81.27) / Diluted TTM EPS ($3.10)

NFLX PE Ratio Chart

NFLX PE Ratio
26.22-54.43% 1Y
Zoom

NFLX Average PE Ratio Chart

NFLX Current vs Average PE Ratio Chart

NFLX PE Ratio Metrics

PE RATIO

26.22

PE RATIO AVG TTM

42.69

PE RATIO AVG 3Y

45.38

PE RATIO AVG 5Y

42.03

PE RATIO AVG 10Y

106.46

PE RATIO AVG 15Y

138.69

PE RATIO AVG 20Y

112.85

CURRENT VS TTM AVG

-38.58%

CURRENT VS 3Y AVG

-42.22%

CURRENT VS 5Y AVG

-37.62%

CURRENT VS 10Y AVG

-75.37%

CURRENT VS 15Y AVG

-81.09%

CURRENT VS 20Y AVG

-76.77%

NFLX Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Netflix, Inc. (NFLX)$342.21B26.2242.6945.3842.03
T-Mobile US, Inc. (TMUS)$201.10B19.7721.1324.5942.25
Verizon Communications Inc. (VZ)$196.00B11.4510.2611.4810.63
The Walt Disney Company (DIS)$176.20B16.0317.6244.3467.67
AT&T Inc. (T)$159.92B7.7411.5112.9023.71
Tencent Holdings Limited (TCEHY)$532.06B16.5221.9520.4618.85
Spotify Technology S.A. (SPOT)$99.93B38.7199.89111.52111.52
Comcast Corporation (CMCSA)$85.82B4.735.5911.2715.16
Electronic Arts Inc. (EA)$50.91B57.8557.1443.2744.52
Reddit, Inc. (RDDT)$33.40B49.08127.15131.80131.80

P/E vs. its own history

At 26.2, P/E is cheaper than usual, sitting higher than 14% of its 20-year history.

20-year low

14.3

median

58.2

20-year high

756.1

cheaperricher

P/E Comparison

Trailing P/E

26.2

Forward P/E

21.2

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$81.27

÷

Forward EPS (Est.)

$3.83

=

Forward P/E

21.20

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Netflix, Inc. PE Ratio Formula & Definition

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

Netflix, Inc. PE Ratio FAQ

What is the P/E ratio for Netflix, Inc. (NFLX)?
The P/E ratio for NFLX stock is 26.22.
Is Netflix, Inc.'s P/E ratio high or low?
Netflix, Inc.'s P/E ratio of 26.22 is 38% below its 5-year average of 42.03, near the low end of its 5-year range (15.10–66.26).
What is the TTM average P/E ratio for Netflix, Inc. (NFLX)?
The TTM average P/E ratio for NFLX stock is 42.69.
What is the 3Y average P/E ratio for Netflix, Inc. (NFLX)?
The 3Y average P/E ratio for NFLX stock is 45.38.
What is the 5Y average P/E ratio for Netflix, Inc. (NFLX)?
The 5Y average P/E ratio for NFLX stock is 42.03.
What is the 10Y average P/E ratio for Netflix, Inc. (NFLX)?
The 10Y average P/E ratio for NFLX stock is 106.46.
What is the 15Y average P/E ratio for Netflix, Inc. (NFLX)?
The 15Y average P/E ratio for NFLX stock is 138.69.
What is the 20Y average P/E ratio for Netflix, Inc. (NFLX)?
The 20Y average P/E ratio for NFLX stock is 112.85.

Netflix, Inc. PE Ratio History

DATEPE RATIO
2026-06-1126.22
2026-06-1026.45
2026-06-0926.26
2026-06-0826.66
2026-06-0526.51
2026-06-0426.31
2026-06-0326.30
2026-06-0226.88
2026-06-0127.69
2026-05-2927.75
2026-05-2827.86
2026-05-2728.18
2026-05-2628.28
2026-05-2228.58
2026-05-2128.81
2026-05-2028.42
2026-05-1928.82
2026-05-1828.92
2026-05-1528.07
2026-05-1428.05
2026-05-1328.25
2026-05-1228.28
2026-05-1127.56
2026-05-0828.22
2026-05-0728.47
2026-05-0628.47
2026-05-0528.35
2026-05-0429.36
2026-05-0129.70
2026-04-3030.20
2026-04-2929.72
2026-04-2829.76
2026-04-2729.47
2026-04-2429.82
2026-04-2329.94
2026-04-2230.08
2026-04-2129.86
2026-04-2030.59
2026-04-1731.39
2026-04-1642.60
2026-04-1542.57
2026-04-1442.01
2026-04-1340.77
2026-04-1040.72
2026-04-0940.34
2026-04-0839.28
2026-04-0739.06
2026-04-0639.10
2026-04-0239.00
2026-04-0137.77
2026-03-3138.00
2026-03-3036.75
2026-03-2736.93
2026-03-2636.89
2026-03-2536.47
2026-03-2435.94
2026-03-2336.91
2026-03-2036.29
2026-03-1936.26
2026-03-1837.43
2026-03-1737.30
2026-03-1637.63
2026-03-1337.67
2026-03-1237.28
2026-03-1137.51
2026-03-1038.32
2026-03-0938.86
2026-03-0639.14
2026-03-0539.20
2026-03-0439.00
2026-03-0338.62
2026-03-0238.38
2026-02-2738.04
2026-02-2633.43
2026-02-2532.69
2026-02-2430.85
2026-02-2330.05
2026-02-2031.09
2026-02-1930.43
2026-02-1830.83
2026-02-1730.43
2026-02-1330.38
2026-02-1229.98
2026-02-1131.47
2026-02-1032.49
2026-02-0932.20
2026-02-0632.49
2026-02-0531.96
2026-02-0431.68
2026-02-0331.60
2026-02-0232.71
2026-01-3033.00
2026-01-2932.87
2026-01-2833.45
2026-01-2733.83
2026-01-2633.87
2026-01-2334.04
2026-01-2234.81
2026-01-2135.57
2026-01-2036.36
2026-01-1636.67
2026-01-1536.69
2026-01-1436.90
2026-01-1337.63
2026-01-1237.25
2026-01-0937.28
2026-01-0837.72
2026-01-0737.80
2026-01-0637.77
2026-01-0538.11
2026-01-0237.91
2025-12-3139.07
2025-12-3039.08
2025-12-2939.23
2025-12-2639.36
2025-12-2439.02
2025-12-2338.96
2025-12-2238.85
2025-12-1939.33
2025-12-1839.17
2025-12-1739.50
2025-12-1639.40
2025-12-1539.07
2025-12-1239.66
2025-12-1139.20
2025-12-1038.63
2025-12-0940.30
2025-12-0840.33
2025-12-0541.77
2025-12-0443.01
2025-12-0343.32
2025-12-0245.56
2025-12-0145.47
2025-11-2844.83
2025-11-2644.23
2025-11-2543.50
2025-11-2444.57
2025-11-2143.46
2025-11-2044.03
2025-11-1945.83
2025-11-1847.54
2025-11-1745.95
2025-11-1446.34
2025-11-1348.09
2025-11-1248.23
2025-11-1147.35
2025-11-1046.67
2025-11-0745.99
2025-11-0645.71
2025-11-0545.77
2025-11-0445.54
2025-11-0345.84
2025-10-3146.62
2025-10-3045.38
2025-10-2945.85
2025-10-2845.94
2025-10-2745.61
2025-10-2445.61
2025-10-2346.40
2025-10-2246.52
2025-10-2152.83
2025-10-2052.71
2025-10-1751.04
2025-10-1650.37
2025-10-1551.20
2025-10-1451.72
2025-10-1351.87
2025-10-1051.92
2025-10-0952.39
2025-10-0851.67
2025-10-0750.69
2025-10-0649.50
2025-10-0349.08
2025-10-0249.47
2025-10-0149.83
2025-09-3051.02
2025-09-2951.34
2025-09-2651.51
2025-09-2551.41
2025-09-2451.23
2025-09-2351.85
2025-09-2252.23
2025-09-1952.21
2025-09-1851.40
2025-09-1752.28
2025-09-1651.09
2025-09-1551.16
2025-09-1250.57
2025-09-1151.21
2025-09-1053.09
2025-09-0953.76
2025-09-0852.97
2025-09-0552.93
2025-09-0453.51
2025-09-0352.18
2025-09-0251.66
2025-08-2951.42
2025-08-2852.40
2025-08-2752.06
2025-08-2652.17
2025-08-2551.83
2025-08-2251.26
2025-08-2151.33
2025-08-2051.66
2025-08-1951.67
2025-08-1852.98
2025-08-1552.72
2025-08-1452.37
2025-08-1351.25
2025-08-1252.14
2025-08-1151.84
2025-08-0851.56
2025-08-0750.23
2025-08-0650.15
2025-08-0548.85
2025-08-0449.83
2025-08-0149.30
2025-07-3149.34
2025-07-3050.39
2025-07-2949.73
2025-07-2849.98
2025-07-2550.23
2025-07-2450.25
2025-07-2350.08
2025-07-2250.64
2025-07-2152.48
2025-07-1851.46
2025-07-1760.10
2025-07-1658.98
2025-07-1559.45
2025-07-1459.53
2025-07-1158.73
2025-07-1058.99
2025-07-0960.77
2025-07-0860.16
2025-07-0760.83
2025-07-0361.19
2025-07-0260.61
2025-07-0161.02
2025-06-3063.17
2025-06-2762.41
2025-06-2661.64
2025-06-2560.16
2025-06-2460.33
2025-06-2359.13
2025-06-2058.08
2025-06-1857.66
2025-06-1757.58
2025-06-1657.80
2025-06-1357.18
2025-06-1257.31
2025-06-1157.54
2025-06-1056.77
2025-06-0957.76
2025-06-0658.56
2025-06-0558.99
2025-06-0458.48
2025-06-0357.45
2025-06-0257.50
2025-05-3056.94

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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