Netflix Past Earnings Performance
Past criteria checks 4/6
Netflix has been growing earnings at an average annual rate of 24.8%, while the Entertainment industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 14.2% per year. Netflix's return on equity is 26.3%, and it has net margins of 16%.
Key information
24.8%
Earnings growth rate
24.5%
EPS growth rate
| Entertainment Industry Growth | 18.1% |
| Revenue growth rate | 14.2% |
| Return on equity | 26.3% |
| Net Margin | 16.0% |
| Next Earnings Update | 18 Apr 2024 |
Recent past performance updates
Recent updates
Netflix: Focus On The Long-Term Story Heading Into Q1
Apr 13Netflix: Novelty In Content Drives Rich Reinvestment Cycles Of Growth
Apr 03Getting In Cheap On Netflix, Inc. (NASDAQ:NFLX) Might Be Difficult
Mar 30
Netflix: More Room To Run With Password Crackdown
Mar 15Is Netflix, Inc. (NASDAQ:NFLX) Potentially Undervalued?
Mar 06Netflix Stock: A Hold After Recent Surge
Mar 04Estimating The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)
Feb 23Netflix: Unstoppable Juggernaut
Feb 19Here's Why We Think Netflix (NASDAQ:NFLX) Is Well Worth Watching
Feb 11Ensemble Fund - Netflix: Best Days Are Still Ahead
Feb 07Netflix Demonstrates Why It Is The King Of Streaming In FQ4'23
Jan 30Netflix, Inc. (NASDAQ:NFLX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$550
Jan 25Netflix Q4 2023 Outperformance Solidifies 3 Tailwinds For 2024 (Upgrade)
Jan 23After A Strong Rally, Netflix's Upside Remains Huge
Jan 17Is Netflix (NASDAQ:NFLX) A Risky Investment?
Jan 15Getting In Cheap On Netflix, Inc. (NASDAQ:NFLX) Might Be Difficult
Dec 18Why Netflix, Inc. (NASDAQ:NFLX) Could Be Worth Watching
Dec 04Returns At Netflix (NASDAQ:NFLX) Are On The Way Up
Nov 20A Look At The Intrinsic Value Of Netflix, Inc. (NASDAQ:NFLX)
Nov 06We Think Netflix (NASDAQ:NFLX) Can Stay On Top Of Its Debt
Sep 12At US$416, Is Netflix, Inc. (NASDAQ:NFLX) Worth Looking At Closely?
Aug 28Netflix (NASDAQ:NFLX) Is Looking To Continue Growing Its Returns On Capital
Aug 14A Look At The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)
Aug 01These 4 Measures Indicate That Netflix (NASDAQ:NFLX) Is Using Debt Reasonably Well
Jun 05What Does Netflix, Inc.'s (NASDAQ:NFLX) Share Price Indicate?
May 22We Like These Underlying Return On Capital Trends At Netflix (NASDAQ:NFLX)
May 08Revenue & Expenses BreakdownBeta
How Netflix makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 33,723 | 5,408 | 4,378 | 2,676 |
| 30 Sep 23 | 32,743 | 4,525 | 4,246 | 2,676 |
| 30 Jun 23 | 32,126 | 4,246 | 4,150 | 2,682 |
| 31 Mar 23 | 31,909 | 4,200 | 4,106 | 2,741 |
| 31 Dec 22 | 31,616 | 4,492 | 4,103 | 2,711 |
| 30 Sep 22 | 31,473 | 5,044 | 4,070 | 2,685 |
| 30 Jun 22 | 31,031 | 5,095 | 4,086 | 2,586 |
| 31 Mar 22 | 30,402 | 5,007 | 4,041 | 2,406 |
| 31 Dec 21 | 29,698 | 5,116 | 3,897 | 2,274 |
| 30 Sep 21 | 28,633 | 5,051 | 3,744 | 2,113 |
| 30 Jun 21 | 27,585 | 4,392 | 3,586 | 2,003 |
| 31 Mar 21 | 26,392 | 3,759 | 3,359 | 1,901 |
| 31 Dec 20 | 24,996 | 2,761 | 3,305 | 1,830 |
| 30 Sep 20 | 23,819 | 2,806 | 3,400 | 1,752 |
| 30 Jun 20 | 22,628 | 2,681 | 3,388 | 1,678 |
| 31 Mar 20 | 21,403 | 2,232 | 3,504 | 1,626 |
| 31 Dec 19 | 20,156 | 1,867 | 3,567 | 1,545 |
| 30 Sep 19 | 18,876 | 1,414 | 3,339 | 1,468 |
| 30 Jun 19 | 17,630 | 1,151 | 3,231 | 1,396 |
| 31 Mar 19 | 16,614 | 1,265 | 3,147 | 1,312 |
| 31 Dec 18 | 15,794 | 1,211 | 3,000 | 1,222 |
| 30 Sep 18 | 14,893 | 1,263 | 2,479 | 1,064 |
| 30 Jun 18 | 13,879 | 990 | 2,328 | 1,011 |
| 31 Mar 18 | 12,757 | 671 | 2,073 | 979 |
| 31 Dec 17 | 11,693 | 559 | 1,867 | 954 |
| 30 Sep 17 | 10,884 | 440 | 1,926 | 1,005 |
| 30 Jun 17 | 10,190 | 362 | 1,833 | 965 |
| 31 Mar 17 | 9,510 | 337 | 1,699 | 906 |
| 31 Dec 16 | 8,831 | 187 | 1,413 | 780 |
| 30 Sep 16 | 8,176 | 163 | 1,458 | 808 |
| 30 Jun 16 | 7,625 | 141 | 1,342 | 763 |
| 31 Mar 16 | 7,164 | 127 | 1,280 | 711 |
| 31 Dec 15 | 6,780 | 123 | 1,231 | 651 |
| 30 Sep 15 | 6,441 | 163 | 1,178 | 596 |
| 30 Jun 15 | 6,112 | 193 | 1,082 | 545 |
| 31 Mar 15 | 5,808 | 237 | 970 | 505 |
| 31 Dec 14 | 5,505 | 267 | 877 | 472 |
| 30 Sep 14 | 5,195 | 232 | 772 | 445 |
| 30 Jun 14 | 4,892 | 204 | 702 | 419 |
| 31 Mar 14 | 4,621 | 163 | 680 | 397 |
| 31 Dec 13 | 4,375 | 112 | 650 | 379 |
| 30 Sep 13 | 4,145 | 72 | 624 | 363 |
| 30 Jun 13 | 3,944 | 48 | 613 | 350 |
Quality Earnings: NFLX has high quality earnings.
Growing Profit Margin: NFLX's current net profit margins (16%) are higher than last year (14.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NFLX's earnings have grown significantly by 24.8% per year over the past 5 years.
Accelerating Growth: NFLX's earnings growth over the past year (20.4%) is below its 5-year average (24.8% per year).
Earnings vs Industry: NFLX earnings growth over the past year (20.4%) did not outperform the Entertainment industry 20.4%.
Return on Equity
High ROE: NFLX's Return on Equity (26.3%) is considered high.