Netflix Inc (NFLX) — Capital Reinvestment Ratio
Netflix Inc (NFLX) has a Capital Reinvestment Ratio of 0.11x as of December 2025, meaning it reinvests 0% of its operating cash flow ($2.11 Billion) in capital expenditures ($239.34 Million). See NFLX net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Netflix Inc Capital Reinvestment Ratio (2001–2025)
This chart tracks Netflix Inc's Capital Reinvestment Ratio across 20 annual periods. Check total reinvestment intensity of Netflix Inc to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Netflix Inc (2001–2025)
Year-by-year Capital Reinvestment Ratio for Netflix Inc from 2001 to 2025. For live market cap and broader valuation context, see NFLX market cap.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.07x | $10.15 Billion | $688.22 Million | ▲ +13.6% |
| 2024 | 0.06x | $7.36 Billion | $439.54 Million | ▲ +24.6% |
| 2023 | 0.05x | $7.27 Billion | $348.55 Million | ▼ -76.2% |
| 2022 | 0.20x | $2.03 Billion | $407.73 Million | ▼ -84.9% |
| 2021 | 1.34x | $392.61 Million | $524.59 Million | ▲ +551.3% |
| 2020 | 0.21x | $2.43 Billion | $497.92 Million | ▼ -97.7% |
| 2014 | 8.77x | $16.48 Million | $144.52 Million | ▲ +614.4% |
| 2013 | 1.23x | $97.83 Million | $120.07 Million | ▼ -68.9% |
| 2012 | 3.94x | $22.77 Million | $89.73 Million | ▲ +828.8% |
| 2011 | 0.42x | $317.71 Million | $134.84 Million | ▲ +241.6% |
| 2010 | 0.12x | $276.40 Million | $34.34 Million | ▼ -83.1% |
| 2009 | 0.74x | $325.06 Million | $239.18 Million | ▲ +0.6% |
| 2008 | 0.73x | $284.04 Million | $207.70 Million | ▲ +376.3% |
| 2007 | 0.15x | $291.82 Million | $44.81 Million | ▼ -80.7% |
| 2006 | 0.80x | $247.86 Million | $197.45 Million | ▲ +324.0% |
| 2005 | 0.19x | $162.98 Million | $30.62 Million | ▲ +85.3% |
| 2004 | 0.10x | $147.57 Million | $14.96 Million | ▼ -85.9% |
| 2003 | 0.72x | $89.79 Million | $64.49 Million | ▲ +7.4% |
| 2002 | 0.67x | $40.11 Million | $26.82 Million | ▼ -73.2% |
| 2001 | 2.49x | $4.85 Million | $12.08 Million | — |