How Does Netflix Stock Stack Up Against Its Peers?
Netflix‘s stock has delivered solid 19% returns over the past year, but how does it truly measure up against peers navigating the evolving streaming and entertainment landscape? A closer look reveals robust profitability with a 29.14% operating margin and 20.67% FCF margin, alongside steady 15.40% revenue growth. While its 43.53 PE ratio suggests a premium, limited upside could exist amid fierce competition and market maturation.
- NFLX’s 29.1% operating margin, bolstered by ad tiers, exceeds peers, though AAPL’s 31.9% shows ecosystem/services profitability.
- NFLX’s 15.4% revenue growth, outpacing rivals, reflects strong ad-tier adoption and effective password-sharing crackdowns.
- NFLX gained 19.1% with a 43.5 PE, signaling growth stock status from strong earnings/subscriber gains despite peers’ higher returns.
Here’s how Netflix stacks up across size, valuation, and profitability versus key peers.
| NFLX | AAPL | AMZN | FUBO | AMC | RDI | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 454.0 | 4,112.0 | 2,406.9 | 1.1 | 1.1 | 0.0 |
| Revenue ($ Bil) | 43.4 | 408.6 | 670.0 | 1.6 | 4.9 | 0.2 |
| PE Ratio | 43.5 | 41.4 | 34.1 | 8.6 | -1.8 | -1.7 |
| LTM Revenue Growth | 15.4% | 6.0% | 10.9% | 1.7% | 9.7% | 7.6% |
| LTM Operating Margin | 29.1% | 31.9% | 11.4% | -5.3% | -0.5% | -1.3% |
| LTM FCF Margin | 20.7% | 23.5% | 2.0% | 7.8% | -6.1% | 1.4% |
| 12M Market Return | 19.1% | 20.6% | 14.8% | 118.3% | -51.6% | -11.8% |
For more details on Netflix, read Buy or Sell NFLX Stock. Below we compare NFLX’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| NFLX | 15.4% | 15.6% | 6.7% | 6.5% |
| AAPL | 6.0% | 2.0% | -2.8% | 7.8% |
| AMZN | 10.9% | 11.0% | 11.8% | 9.4% |
| FUBO | 1.7% | 18.6% | 35.6% | 58.0% |
| AMC | 9.7% | -3.6% | 23.0% | 54.7% |
| RDI | 7.6% | -5.5% | 9.7% | 46.1% |
Operating Margin Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| NFLX | 29.1% | 26.7% | 20.6% | 17.8% |
| AAPL | 31.9% | 31.5% | 29.8% | 30.3% |
| AMZN | 11.4% | 10.8% | 6.4% | 2.4% |
| FUBO | -5.3% | -11.8% | -21.1% | -40.8% |
| AMC | -0.5% | -0.1% | 0.8% | -9.2% |
| RDI | -1.3% | -6.7% | -5.4% | -13.3% |
PE Ratio Comparison
| LTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| NFLX | 43.5 | 439.5 | 397.5 | 291.9 |
| AAPL | 41.4 | 41.0 | 31.3 | 21.1 |
| AMZN | 34.1 | 38.8 | 51.5 | -314.4 |
| FUBO | 8.6 | -2.3 | -3.1 | -0.6 |
| AMC | -1.8 | -3.8 | -2.6 | -3.9 |
| RDI | -1.7 | -0.8 | -1.4 | -1.7 |
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