Operating Profit Margin
since 2005
Calculation
Netflix Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income1 | ÷ | Revenues1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 20.62% | = | 100 | × | 6,954,003) | ÷ | 33,723,297) |
| Dec 31, 2022 | 17.82% | = | 100 | × | 5,632,831) | ÷ | 31,615,550) |
| Dec 31, 2021 | 20.86% | = | 100 | × | 6,194,509) | ÷ | 29,697,844) |
| Dec 31, 2020 | 18.34% | = | 100 | × | 4,585,289) | ÷ | 24,996,056) |
| Dec 31, 2019 | 12.92% | = | 100 | × | 2,604,254) | ÷ | 20,156,447) |
| Dec 31, 2018 | 10.16% | = | 100 | × | 1,605,226) | ÷ | 15,794,341) |
| Dec 31, 2017 | 7.17% | = | 100 | × | 838,679) | ÷ | 11,692,713) |
| Dec 31, 2016 | 4.30% | = | 100 | × | 379,793) | ÷ | 8,830,669) |
| Dec 31, 2015 | 4.51% | = | 100 | × | 305,826) | ÷ | 6,779,511) |
| Dec 31, 2014 | 7.31% | = | 100 | × | 402,648) | ÷ | 5,504,656) |
| Dec 31, 2013 | 5.22% | = | 100 | × | 228,347) | ÷ | 4,374,562) |
| Dec 31, 2012 | 1.39% | = | 100 | × | 49,992) | ÷ | 3,609,282) |
| Dec 31, 2011 | 11.74% | = | 100 | × | 376,068) | ÷ | 3,204,577) |
| Dec 31, 2010 | 13.12% | = | 100 | × | 283,641) | ÷ | 2,162,625) |
| Dec 31, 2009 | 11.49% | = | 100 | × | 191,939) | ÷ | 1,670,269) |
| Dec 31, 2008 | 8.90% | = | 100 | × | 121,506) | ÷ | 1,364,661) |
| Dec 31, 2007 | 7.56% | = | 100 | × | 91,161) | ÷ | 1,205,340) |
| Dec 31, 2006 | 6.46% | = | 100 | × | 64,414) | ÷ | 996,660) |
| Dec 31, 2005 | 0.44% | = | 100 | × | 2,989) | ÷ | 682,213) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
Comparison to Competitors
Netflix Inc., operating profit margin, long-term trends, comparison to competitors
| Netflix Inc. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | |
|---|---|---|---|---|
| Dec 31, 2023 | 20.62% | 27.42% | 19.18% | 34.66% |
| Dec 31, 2022 | 17.82% | 26.46% | 11.56% | 24.82% |
| Dec 31, 2021 | 20.86% | 30.55% | 17.89% | 39.65% |
| Dec 31, 2020 | 18.34% | 22.59% | 16.89% | 38.01% |
| Dec 31, 2019 | 12.92% | 21.15% | 19.39% | 33.93% |
| Dec 31, 2018 | 10.16% | 19.24% | 20.11% | 44.62% |
| Dec 31, 2017 | 7.17% | 23.59% | 21.28% | 49.70% |
| Dec 31, 2016 | 4.30% | 26.27% | 20.97% | 44.96% |
| Dec 31, 2015 | 4.51% | 25.82% | 21.47% | 34.72% |
| Dec 31, 2014 | 7.31% | 24.99% | 21.67% | 40.06% |
| Dec 31, 2013 | 5.22% | 23.34% | 20.98% | 35.62% |
| Dec 31, 2012 | 1.39% | 25.43% | 19.46% | 10.57% |
| Dec 31, 2011 | 11.74% | 30.98% | 19.20% | — |
| Dec 31, 2010 | 13.12% | 35.40% | 21.03% | — |
| Dec 31, 2009 | 11.49% | 35.15% | 20.18% | — |
| Dec 31, 2008 | 8.90% | 30.43% | 19.65% | — |
| Dec 31, 2007 | 7.56% | 30.64% | 18.05% | — |
| Dec 31, 2006 | 6.46% | 33.48% | 18.50% | — |
| Dec 31, 2005 | 0.44% | 32.86% | 16.58% | — |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).