How Does NFLX Stack Up Against Its Peers?

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NFLX: Netflix logo
NFLX
Netflix

Here is how Netflix (NFLX) stacks up against its peers in size, valuation, growth and margin.

  • NFLX’s operating margin of 29.5% is high, higher than most peers though lower than AAPL (31.9%).
  • NFLX’s revenue growth of 14.8% in the last 12 months is strong, outpacing AAPL, AMZN, AMC, FUBO.
  • NFLX’s stock gained 76.6% over the past year and trades at a PE of 49.9, though peers like FUBO delivered stronger returns.

As a quick background, Netflix provides TV series, documentaries, films, and mobile games in multiple genres and languages to over 222 million paid members across 190 countries.

  NFLX AAPL AMZN AMC FUBO
Market Cap ($ Bil) 511.7 3,428.1 2,446.0 1.2 1.4
Revenue ($ Bil) 41.7 408.6 670.0 4.9 1.6
PE Ratio 49.9 34.5 34.6 -3.3 15.9
LTM Revenue Growth 14.8% 6.0% 10.9% 9.4% 6.6%
LTM Operating Margin 29.5% 31.9% 11.4% 2.2% -7.7%
LTM FCF Margin 20.4% 23.5% 2.0% -6.2% 8.1%
12M Market Return 76.6% 3.8% 24.6% -43.4% 140.5%

Why does this matter? NFLX just went down -4.3% in a week – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell NFLX Stock to see if Netflix is really a falling knife. Sharp dips often come with rebound opportunities – see how the stock has dipped and recovered in the past through NFLX Dip Buyer Analysis lens.

While peer comparison is critical Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risks while giving upside exposure.

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Revenue Growth Comparison

  LTM 2024 2023 2022
NFLX 14.8% 15.6% 6.7% 6.5%
AAPL 6.0% 2.0% -2.8% 7.8%
AMZN 10.9% 11.0% 11.8% 9.4%
AMC 9.4% -3.6% 23.0% 54.7%
FUBO 6.6% 18.6% 35.6% 58.0%

Operating Margin Comparison

  LTM 2024 2023 2022
NFLX 29.5% 26.7% 20.6% 17.8%
AAPL 31.9% 31.5% 29.8% 30.3%
AMZN 11.4% 10.8% 6.4% 2.4%
AMC 2.2% -0.1% 0.8% -9.2%
FUBO -7.7% -11.8% -21.1% -40.8%

PE Ratio Comparison

  LTM 2024 2023 2022
NFLX 49.9 43.9 39.8 29.2
AAPL 34.5 41.0 31.3 21.1
AMZN 34.6 38.8 51.5 -314.4
AMC -3.3 -3.8 -2.6 -3.9
FUBO 15.9 -2.3 -3.1 -0.6

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.