How Does Netflix Stock Compare With Peers?
Netflix‘s stock saw moderate performance over the past year. But how does it truly stack up against peers navigating the evolving and competitive streaming market as of March 4, 2026? A closer look reveals robust revenue growth and strong profitability, yet an elevated valuation and intense competition from diversified tech and media giants could limit future upside.
- NFLX’s 29.5% operating margin shows efficient streaming scale; AAPL’s 32.4% reflects high-margin services ecosystem dominance.
- NFLX’s 15.9% revenue growth, outpacing peers, stems from ad tiers, global content, and price hikes.
- NFLX’s 1.4% stock gain and 38.0 PE reflect premium valuation; WBD, AMZN, and AAPL delivered stronger returns via cloud/services.
Here’s how Netflix stacks up across size, valuation, and profitability versus key peers.
| NFLX | DIS | WBD | AMZN | CMCSA | AAPL | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 417.2 | 184.0 | 69.3 | 2,322.1 | 116.5 | 3,871.7 |
| Revenue ($ Bil) | 45.2 | 95.7 | 37.9 | 716.9 | 123.7 | 435.6 |
| PE Ratio | 38.0 | 15.0 | 142.9 | 29.9 | 5.8 | 32.9 |
| LTM Revenue Growth | 15.9% | 3.5% | -4.3% | 12.4% | -0.0% | 10.1% |
| LTM Operating Margin | 29.5% | 14.2% | 3.7% | 11.2% | 16.7% | 32.4% |
| LTM FCF Margin | 20.9% | 7.4% | 10.9% | 1.1% | 15.5% | 28.3% |
| 12M Market Return | 1.4% | -4.4% | 146.9% | 6.4% | 0.2% | 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 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| NFLX | 15.9% | 15.9% | 15.6% | 6.7% | |
| DIS | 3.5% | 3.4% | 2.8% | 7.5% | |
| WBD | -4.3% | – | -4.8% | 22.2% | 177.4% |
| AMZN | 12.4% | 12.4% | 11.0% | 11.8% | |
| CMCSA | -0.0% | -0.0% | 1.8% | 0.1% | |
| AAPL | 10.1% | 6.4% | 2.0% | -2.8% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| NFLX | 29.5% | 29.5% | 26.7% | 20.6% | |
| DIS | 14.2% | 14.6% | 13.0% | 10.1% | |
| WBD | 3.7% | – | 0.0% | -2.1% | -10.3% |
| AMZN | 11.2% | 11.2% | 10.8% | 6.4% | |
| CMCSA | 16.7% | 16.7% | 18.8% | 19.2% | |
| AAPL | 32.4% | 32.0% | 31.5% | 29.8% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| NFLX | 38.0 | 36.3 | 43.9 | 39.8 | |
| DIS | 15.0 | 16.5 | 40.9 | 70.1 | |
| WBD | 142.9 | – | -6.2 | -8.2 | -3.0 |
| AMZN | 29.9 | 31.7 | 38.8 | 51.5 | |
| CMCSA | 5.8 | 5.5 | 9.0 | 11.7 | |
| AAPL | 32.9 | 36.3 | 41.0 | 31.3 |
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