Netflix, Inc. (NFLX) Return on equity 2016–2025
Netflix, Inc. (NFLX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
41.3%FY2025 · since FY2016: 7.0% → 41.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 41.3% | +6.1 pp |
| FY2024 | 35.2% | +8.9 pp |
| FY2023 | 26.3% | +4.6 pp |
| FY2022 | 21.6% | -10.7 pp |
| FY2021 | 32.3% | +7.3 pp |
| FY2020 | 25.0% | +0.3 pp |
| FY2019 | 24.6% | +1.5 pp |
| FY2018 | 23.1% | +7.5 pp |
| FY2017 | 15.6% | +8.6 pp |
| FY2016 | 7.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
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