Netflix Inc (NFLX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Netflix Inc (NFLX) has a cash flow conversion efficiency ratio of 0.079x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($2.11 Billion) by net assets ($26.62 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NFLX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Netflix Inc - Cash Flow Conversion Efficiency Trend (2001–2025)
This chart illustrates how Netflix Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Netflix Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Netflix Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
The Coca-Cola Company
NYSE:KO
|
0.057x |
|
Procter & Gamble Company
NYSE:PG
|
0.093x |
|
AbbVie Inc
NYSE:ABBV
|
0.190x |
|
Chevron Corp
NYSE:CVX
|
0.013x |
|
GE Aerospace
NYSE:GE
|
0.100x |
|
Morgan Stanley
NYSE:MS
|
-0.062x |
|
The Home Depot Inc
NYSE:HD
|
0.331x |
|
Palantir Technologies Inc. Class A Common Stock
NYSE:PLTR
|
0.056x |
Annual Cash Flow Conversion Efficiency for Netflix Inc (2001–2025)
The table below shows the annual cash flow conversion efficiency of Netflix Inc from 2001 to 2025. For the full company profile with market capitalisation and key ratios, see NFLX company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $26.62 Billion | $10.15 Billion | 0.381x | +28.18% |
| 2024-12-31 | $24.74 Billion | $7.36 Billion | 0.298x | -15.80% |
| 2023-12-31 | $20.59 Billion | $7.27 Billion | 0.353x | +262.30% |
| 2022-12-31 | $20.78 Billion | $2.03 Billion | 0.098x | +293.69% |
| 2021-12-31 | $15.85 Billion | $392.61 Million | 0.025x | -88.71% |
| 2020-12-31 | $11.07 Billion | $2.43 Billion | 0.219x | +157.60% |
| 2019-12-31 | $7.58 Billion | $-2.89 Billion | -0.381x | +25.57% |
| 2018-12-31 | $5.24 Billion | $-2.68 Billion | -0.512x | -2.62% |
| 2017-12-31 | $3.58 Billion | $-1.79 Billion | -0.499x | +9.35% |
| 2016-12-31 | $2.68 Billion | $-1.47 Billion | -0.550x | -63.18% |
| 2015-12-31 | $2.22 Billion | $-749.44 Million | -0.337x | -3898.87% |
| 2014-12-31 | $1.86 Billion | $16.48 Million | 0.009x | -87.91% |
| 2013-12-31 | $1.33 Billion | $97.83 Million | 0.073x | +139.97% |
| 2012-12-31 | $744.67 Million | $22.77 Million | 0.031x | -93.76% |
| 2011-12-31 | $648.32 Million | $317.71 Million | 0.490x | -48.55% |
| 2010-12-31 | $290.16 Million | $276.40 Million | 0.953x | -41.64% |
| 2009-12-31 | $199.14 Million | $325.06 Million | 1.632x | +99.50% |
| 2008-12-31 | $347.15 Million | $284.04 Million | 0.818x | +20.51% |
| 2007-12-31 | $429.81 Million | $291.82 Million | 0.679x | +13.46% |
| 2006-12-31 | $414.21 Million | $247.86 Million | 0.598x | -16.93% |
| 2005-12-31 | $226.25 Million | $162.98 Million | 0.720x | -23.71% |
| 2004-12-31 | $156.28 Million | $147.57 Million | 0.944x | +18.52% |
| 2003-12-31 | $112.71 Million | $89.79 Million | 0.797x | +77.46% |
| 2002-12-31 | $89.36 Million | $40.11 Million | 0.449x | +938.24% |
| 2001-12-31 | $-90.50 Million | $4.85 Million | -0.054x | -- |
About Netflix Inc
Netflix, Inc. provides entertainment services worldwide. The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages. It also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. Netflix, Inc. wa… Read more