Netflix, Inc. (NFLX): free cash flow yield, 10 filed years
FCF yield at Netflix, Inc. was 2.3% in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from -2.9% (FY2016) to 3.2% (FY2023), with a median of 0.4%.
Tonight's figure on the company page: 3.0%, at the close of 2026-10-15, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | FCF yield | Read from |
|---|---|---|
| FY2016 | -2.9% | 10-K, filed 2017-01-27 |
| FY2017 | -2.3% | 10-K, filed 2018-01-29 |
| FY2018 | -2.4% | 10-K, filed 2019-01-29 |
| FY2019 | -2.1% | 10-K, filed 2020-01-29 |
| FY2020 | 0.8% | 10-K, filed 2021-01-28 |
| FY2021 | -0.1% | 10-K, filed 2022-01-27 |
| FY2022 | 1.2% | 10-K, filed 2023-01-26 |
| FY2023 | 3.2% | 10-K, filed 2024-01-26 |
| FY2024 | 1.8% | 10-K, filed 2025-01-27 |
| FY2025 | 2.3% | 10-K, filed 2026-01-23 |
How each year is computed
Free cash flow / (close at fiscal year end x diluted shares) x 100
P/E, free cash flow yield and EV to EBIT set each filed year against the close on or within a week before that fiscal year's end. The price archive here is about five years deep, so older years of those three read n/a. Per-share figures and share counts are put on today's share count after a confirmed split, the basis the price archive is kept on.
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A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.