Netflix Inc Financial Flexibility Index
Netflix Inc financial flexibility index. Netflix Inc (NFLX) has a Financial Flexibility Index of 0.08x as of December 2025. Free cash flow of $2.35 Billion (operating CF $2.11 Billion minus capex $239.34 Million) represents 0% of total liabilities ($28.98 Billion). See NFLX cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Netflix Inc (2001–2025)
Financial flexibility index of Netflix Inc from 2001 to 2025. Historical Financial Flexibility Index trend for Netflix Inc across 25 annual periods. Check cash flow quality index of Netflix Inc to evaluate the quality of earnings relative to operating cash generation.
Netflix Inc Financial Flexibility Index by Year (2001–2025)
Netflix Inc financial flexibility index by year from 2001 to 2025. Year-by-year free cash flow to debt coverage for Netflix Inc. For the full cash flow conversion analysis, see NFLX cash flow metrics.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.37x | $10.84 Billion | $10.15 Billion | $28.98 Billion | ▲ +38.5% |
| 2024 | 0.27x | $7.80 Billion | $7.36 Billion | $28.89 Billion | ▼ -0.3% |
| 2023 | 0.27x | $7.62 Billion | $7.27 Billion | $28.14 Billion | ▲ +209.6% |
| 2022 | 0.09x | $2.43 Billion | $2.03 Billion | $27.82 Billion | ▲ +174.1% |
| 2021 | 0.03x | $917.20 Million | $392.61 Million | $28.74 Billion | ▼ -69.2% |
| 2020 | 0.10x | $2.92 Billion | $2.43 Billion | $28.22 Billion | ▲ +203.9% |
| 2019 | -0.10x | $-2.63 Billion | $-2.89 Billion | $26.39 Billion | ▲ +16.1% |
| 2018 | -0.12x | $-2.47 Billion | $-2.68 Billion | $20.74 Billion | ▼ -17.8% |
| 2017 | -0.10x | $-1.56 Billion | $-1.79 Billion | $15.43 Billion | ▲ +14.5% |
| 2016 | -0.12x | $-1.29 Billion | $-1.47 Billion | $10.91 Billion | ▼ -62.5% |
| 2015 | -0.07x | $-580.23 Million | $-749.44 Million | $7.98 Billion | ▼ -334.8% |
| 2014 | 0.03x | $161.00 Million | $16.48 Million | $5.20 Billion | ▼ -42.0% |
| 2013 | 0.05x | $217.90 Million | $97.83 Million | $4.08 Billion | ▲ +53.1% |
| 2012 | 0.03x | $112.50 Million | $22.77 Million | $3.22 Billion | ▼ -81.4% |
| 2011 | 0.19x | $452.55 Million | $317.71 Million | $2.42 Billion | ▼ -58.3% |
| 2010 | 0.45x | $310.74 Million | $276.40 Million | $691.90 Million | ▼ -61.7% |
| 2009 | 1.17x | $564.24 Million | $325.06 Million | $480.59 Million | ▼ -35.3% |
| 2008 | 1.82x | $491.74 Million | $284.04 Million | $270.79 Million | ▲ +36.8% |
| 2007 | 1.33x | $336.63 Million | $291.82 Million | $253.68 Million | ▼ -42.0% |
| 2006 | 2.29x | $445.31 Million | $247.86 Million | $194.57 Million | ▲ +63.7% |
| 2005 | 1.40x | $193.60 Million | $162.98 Million | $138.43 Million | ▼ -17.8% |
| 2004 | 1.70x | $162.53 Million | $147.57 Million | $95.51 Million | ▼ -30.2% |
| 2003 | 2.44x | $154.28 Million | $89.79 Million | $63.30 Million | ▲ +49.9% |
| 2002 | 1.63x | $66.94 Million | $40.11 Million | $41.17 Million | ▲ +1168.7% |
| 2001 | 0.13x | $16.93 Million | $4.85 Million | $132.13 Million | — |