Return on Equity (ROE)
since 2005
Calculation
Netflix Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 26.27% | = | 100 | × | 5,407,990) | ÷ | 20,588,313) |
| Dec 31, 2022 | 21.62% | = | 100 | × | 4,491,924) | ÷ | 20,777,401) |
| Dec 31, 2021 | 32.28% | = | 100 | × | 5,116,228) | ÷ | 15,849,248) |
| Dec 31, 2020 | 24.96% | = | 100 | × | 2,761,395) | ÷ | 11,065,240) |
| Dec 31, 2019 | 24.62% | = | 100 | × | 1,866,916) | ÷ | 7,582,157) |
| Dec 31, 2018 | 23.12% | = | 100 | × | 1,211,242) | ÷ | 5,238,765) |
| Dec 31, 2017 | 15.60% | = | 100 | × | 558,929) | ÷ | 3,581,956) |
| Dec 31, 2016 | 6.97% | = | 100 | × | 186,678) | ÷ | 2,679,800) |
| Dec 31, 2015 | 5.52% | = | 100 | × | 122,641) | ÷ | 2,223,426) |
| Dec 31, 2014 | 14.36% | = | 100 | × | 266,799) | ÷ | 1,857,708) |
| Dec 31, 2013 | 8.43% | = | 100 | × | 112,403) | ÷ | 1,333,561) |
| Dec 31, 2012 | 2.30% | = | 100 | × | 17,152) | ÷ | 744,673) |
| Dec 31, 2011 | 35.18% | = | 100 | × | 226,126) | ÷ | 642,810) |
| Dec 31, 2010 | 55.44% | = | 100 | × | 160,853) | ÷ | 290,164) |
| Dec 31, 2009 | 58.18% | = | 100 | × | 115,860) | ÷ | 199,143) |
| Dec 31, 2008 | 23.92% | = | 100 | × | 83,026) | ÷ | 347,155) |
| Dec 31, 2007 | 15.54% | = | 100 | × | 66,952) | ÷ | 430,749) |
| Dec 31, 2006 | 11.85% | = | 100 | × | 49,082) | ÷ | 414,211) |
| Dec 31, 2005 | 18.58% | = | 100 | × | 42,027) | ÷ | 226,252) |
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., ROE, long-term trends, comparison to competitors
| Netflix Inc. | Alphabet Inc. | Comcast Corp. | Meta Platforms Inc. | Walt Disney Co. | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 26.27% | 26.04% | 18.61% | 25.53% | 2.37% |
| Dec 31, 2022 | 21.62% | 23.41% | 6.63% | 18.45% | 3.31% |
| Dec 31, 2021 | 32.28% | 30.22% | 14.73% | 31.53% | 2.25% |
| Dec 31, 2020 | 24.96% | 18.09% | 11.66% | 22.72% | -3.43% |
| Dec 31, 2019 | 24.62% | 17.05% | 15.78% | 18.29% | 12.44% |
| Dec 31, 2018 | 23.12% | 17.30% | 16.38% | 26.28% | 25.83% |
| Dec 31, 2017 | 15.60% | 8.30% | 33.11% | 21.43% | 21.74% |
| Dec 31, 2016 | 6.97% | 14.01% | 16.12% | 17.26% | 21.71% |
| Dec 31, 2015 | 5.52% | 13.59% | 15.62% | 8.34% | 18.83% |
| Dec 31, 2014 | 14.36% | 13.82% | 15.90% | 8.14% | 16.68% |
| Dec 31, 2013 | 8.43% | 14.80% | 13.45% | 9.70% | 13.51% |
| Dec 31, 2012 | 2.30% | 14.97% | 12.57% | 0.45% | 14.29% |
| Dec 31, 2011 | 35.18% | 16.75% | 8.80% | — | 12.86% |
| Dec 31, 2010 | 55.44% | 18.39% | 8.20% | — | 10.56% |
| Dec 31, 2009 | 58.18% | 18.11% | 8.52% | — | 9.80% |
| Dec 31, 2008 | 23.92% | 14.97% | 6.30% | — | 13.70% |
| Dec 31, 2007 | 15.54% | 18.53% | 6.26% | — | 15.24% |
| Dec 31, 2006 | 11.85% | 18.06% | 6.15% | — | 10.60% |
| Dec 31, 2005 | 18.58% | 15.56% | 2.31% | — | 9.66% |
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).
Comparison to Sector (Media & Entertainment)
Netflix Inc., ROE, long-term trends, comparison to sector (media & entertainment)
| Netflix Inc. | Media & Entertainment | |
|---|---|---|
| Dec 31, 2023 | 26.27% | 21.29% |
| Dec 31, 2022 | 21.62% | 16.62% |
| Dec 31, 2021 | 32.28% | 23.69% |
| Dec 31, 2020 | 24.96% | 14.90% |
| Dec 31, 2019 | 24.62% | 16.36% |
| Dec 31, 2018 | 23.12% | 20.24% |
| Dec 31, 2017 | 15.60% | 17.88% |
| Dec 31, 2016 | 6.97% | 16.09% |
| Dec 31, 2015 | 5.52% | 13.93% |
| Dec 31, 2014 | 14.36% | 13.96% |
| Dec 31, 2013 | 8.43% | 13.73% |
| Dec 31, 2012 | 2.30% | 13.09% |
| Dec 31, 2011 | 35.18% | 13.20% |
| Dec 31, 2010 | 55.44% | 12.67% |
| Dec 31, 2009 | 58.18% | 12.06% |
| Dec 31, 2008 | 23.92% | 11.13% |
| Dec 31, 2007 | 15.54% | 12.13% |
| Dec 31, 2006 | 11.85% | 9.99% |
| Dec 31, 2005 | 18.58% | 6.53% |
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).
Comparison to Industry (Communication Services)
Netflix Inc., ROE, long-term trends, comparison to industry (communication services)
| Netflix Inc. | Communication Services | |
|---|---|---|
| Dec 31, 2023 | 26.27% | 18.94% |
| Dec 31, 2022 | 21.62% | 13.32% |
| Dec 31, 2021 | 32.28% | 20.34% |
| Dec 31, 2020 | 24.96% | 11.50% |
| Dec 31, 2019 | 24.62% | 15.27% |
| Dec 31, 2018 | 23.12% | 17.89% |
| Dec 31, 2017 | 15.60% | 22.85% |
| Dec 31, 2016 | 6.97% | 16.35% |
| Dec 31, 2015 | 5.52% | 16.38% |
| Dec 31, 2014 | 14.36% | 14.00% |
| Dec 31, 2013 | 8.43% | 16.63% |
| Dec 31, 2012 | 2.30% | 10.32% |
| Dec 31, 2011 | 35.18% | 8.87% |
| Dec 31, 2010 | 55.44% | 13.88% |
| Dec 31, 2009 | 58.18% | 11.62% |
| Dec 31, 2008 | 23.92% | 12.77% |
| Dec 31, 2007 | 15.54% | 11.11% |
| Dec 31, 2006 | 11.85% | 8.87% |
| Dec 31, 2005 | 18.58% | 10.06% |
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).