Netflix Inc Cash Flow Conversion Efficiency
Netflix Inc 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. Also see how much is Netflix Inc worth for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Netflix Inc (2001–2025)
Cash flow conversion efficiency of Netflix Inc from 2001 to 2025. This chart illustrates how Netflix Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NFLX live share price for real-time trading data and today's change.
Netflix Inc Cash Flow Conversion Ratio Explained
Netflix Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Netflix Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Netflix Inc ranked by their cash flow conversion efficiency. Review Netflix Inc free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
RTX Corporation
NYSE:RTX
|
0.061x |
|
Palo Alto Networks Inc
NASDAQ:PANW
|
0.049x |
|
China Construction Bank Corporation
F:C6T
|
-0.064x |
|
Novartis AG ADR
NYSE:NVS
|
0.140x |
|
Goldman Sachs Group Inc
NYSE:GS
|
0.050x |
|
Roche Holding AG
SW:ROG
|
0.296x |
|
Toyota Motor Corporation ADR
NYSE:TM
|
0.021x |
|
Kweichow Moutai Co Ltd
SHG:600519
|
0.095x |
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. Also see Netflix Inc asset portfolio for a full breakdown of the balance sheet.
| 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