Netflix, Inc. is currently priced at $91, with a decrease of -0.427% compared to the previous close of $91.37. Trading volume stands at $9.73 million, 20.82% above the average. Notably, the asset has seen a three-day streak of decline, starting at $93.24 and dropping by -$2.24, representing a -2.42% change.
The latest quarterly earnings report for Netflix was announced on Wednesday, April 15th, with a consensus estimate EPS of 0.76. The company's revenue for the quarter reached $12.25 billion, resulting in a net income of $5.28 billion.
Netflix's cash flow indicates a positive trend with free cash flow of $5 billion and a net change in cash of $3.23 billion. Noteworthy is the common stock repurchase of -$1.27 billion, reflecting strong financial management strategies.
The income statement reveals a gross profit of $6.36 billion and an operating income of $3.96 billion. Netflix reported an EPS of $1.25 and a net income of $5.28 billion, demonstrating solid profitability in the latest financial period.
Key financial ratios display a healthy financial position for Netflix, with a net profit margin of 43.13%, return on equity at 16.97%, and a price-to-earnings ratio of 19.21, indicating a balanced valuation.
The balance sheet showcases total assets of $61 billion, with cash and cash equivalents amounting to $11.63 billion. Total liabilities stand at $29.89 billion, resulting in a net debt of $5.12 billion, reflecting a stable financial structure.
This comprehensive analysis provides valuable insights into Netflix's financial performance amidst market fluctuations.
Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services in the United States. The company has approximately 222 million paid members in 190 countries. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.