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 Netflix Inc net asset quality index to measure how much of total assets are equity-financed.
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. Check NFLX operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Industrial and Commercial Bank of China Ltd
SHG:601398
|
0.325x |
|
Palantir Technologies Inc. Class A Common Stock
NYSE:PLTR
|
0.056x |
|
Morgan Stanley
NYSE:MS
|
-0.062x |
|
The Home Depot Inc
NYSE:HD
|
0.331x |
|
Cisco Systems Inc
NASDAQ:CSCO
|
0.038x |
|
Novartis AG
MX:NVSN
|
0.094x |
|
Merck & Company Inc
NYSE:MRK
|
0.085x |
|
Royal Bank of Canada
TO:RY
|
-0.106x |
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 Netflix Inc (NFLX) total market value.
| 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