Netflix, Inc. (NFLX): price to earnings, 10 filed years

P/E at Netflix, Inc. was 37.06x in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from 29.64x (FY2022) to 287.91x (FY2016), with a median of 65.97x.

Tonight's figure on the company page: 28.14x, 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

Netflix, Inc.: P/E for each filed fiscal year, with the filing behind each.
Fiscal year	P/E	Close used	Read from
FY2016	287.91x	12.38 on 2016-12-30	10-K, filed 2017-01-27
FY2017	153.60x	19.20 on 2017-12-29	10-K, filed 2018-01-29
FY2018	99.89x	26.77 on 2018-12-31	10-K, filed 2019-01-29
FY2019	78.35x	32.36 on 2019-12-31	10-K, filed 2020-01-29
FY2020	88.93x	54.07 on 2020-12-31	10-K, filed 2021-01-28
FY2021	53.59x	60.24 on 2021-12-31	10-K, filed 2022-01-27
FY2022	29.64x	29.49 on 2022-12-30	10-K, filed 2023-01-26
FY2023	40.58x	48.69 on 2023-12-29	10-K, filed 2024-01-26
FY2024	45.02x	89.13 on 2024-12-31	10-K, filed 2025-01-27
FY2025	37.06x	93.76 on 2025-12-31	10-K, filed 2026-01-23

How each year is computed

Close at fiscal year end / diluted earnings per share

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.

Read further

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Margin Notes

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