Netflix Return on Assets (ROA) Growth & History (NFLX)
Netflix's return on assets (roa) was 20.11% for fiscal 2025.
View full Netflix company overviewNetflix annual return on assets (roa) history
| Fiscal year | Period ended | Return on assets (ROA) | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 20.11% | +3.09 pp |
| 2024 | 2024-12-31 | 17.02% | +5.91 pp |
| 2023 | 2023-12-31 | 11.11% | +1.47 pp |
| 2022 | 2022-12-31 | 9.64% | −2.56 pp |
| 2021 | 2021-12-31 | 12.20% | +4.66 pp |
| 2020 | 2020-12-31 | 7.54% | +1.31 pp |
| 2019 | 2019-12-31 | 6.23% | +0.84 pp |
| 2018 | 2018-12-31 | 5.38% | +1.96 pp |
| 2017 | 2017-12-31 | 3.43% | +1.86 pp |
| 2016 | 2016-12-31 | 1.57% | +0.15 pp |
| 2015 | 2015-12-31 | 1.42% | −2.86 pp |
| 2014 | 2014-12-31 | 4.28% | +1.89 pp |
| 2013 | 2013-12-31 | 2.40% | +1.91 pp |
| 2012 | 2012-12-31 | 0.49% | −10.68 pp |
| 2011 | 2011-12-31 | 11.16% | −8.20 pp |
| 2010 | 2010-12-31 | 19.36% | +1.47 pp |
| 2009 | 2009-12-31 | 17.89% | — |
Netflix quarterly return on assets (roa)
| Fiscal quarter | Period ended | Return on assets (ROA) | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 24.47% | +4.42 pp |
| Q1 2026 | 2026-03-31 | 23.65% | +5.28 pp |
| Q4 2025 | 2025-12-31 | 20.11% | +3.09 pp |
| Q3 2025 | 2025-09-30 | 19.46% | +4.17 pp |
| Q2 2025 | 2025-06-30 | 20.05% | +5.85 pp |
| Q1 2025 | 2025-03-31 | 18.37% | +5.28 pp |
| Q4 2024 | 2024-12-31 | 17.02% | +5.91 pp |
| Q3 2024 | 2024-09-30 | 15.29% | +5.96 pp |
| Q2 2024 | 2024-06-30 | 14.20% | +5.46 pp |
| Q1 2024 | 2024-03-31 | 13.09% | +4.23 pp |
| Q4 2023 | 2023-12-31 | 11.11% | +1.47 pp |
| Q3 2023 | 2023-09-30 | 9.32% | −1.85 pp |
| Q2 2023 | 2023-06-30 | 8.74% | −2.93 pp |
| Q1 2023 | 2023-03-31 | 8.86% | −2.86 pp |
| Q4 2022 | 2022-12-31 | 9.64% | −2.56 pp |
| Q3 2022 | 2022-09-30 | 11.17% | −1.24 pp |
| Q2 2022 | 2022-06-30 | 11.67% | +0.43 pp |
| Q1 2022 | 2022-03-31 | 11.72% | +1.72 pp |
| Q4 2021 | 2021-12-31 | 12.20% | +4.66 pp |
| Q3 2021 | 2021-09-30 | 12.42% | +4.35 pp |
| Q2 2021 | 2021-06-30 | 11.24% | +3.28 pp |
| Q1 2021 | 2021-03-31 | 10.00% | +2.83 pp |
| Q4 2020 | 2020-12-31 | 7.54% | +1.31 pp |
| Q3 2020 | 2020-09-30 | 8.07% | +2.86 pp |
| Q2 2020 | 2020-06-30 | 7.96% | +3.60 pp |
| Q1 2020 | 2020-03-31 | 7.17% | +1.83 pp |
| Q4 2019 | 2019-12-31 | 6.23% | +0.84 pp |
| Q3 2019 | 2019-09-30 | 5.21% | −1.06 pp |
| Q2 2019 | 2019-06-30 | 4.36% | −0.69 pp |
| Q1 2019 | 2019-03-31 | 5.34% | +1.45 pp |
| Q4 2018 | 2018-12-31 | 5.38% | +1.96 pp |
| Q3 2018 | 2018-09-30 | 6.26% | +3.26 pp |
| Q2 2018 | 2018-06-30 | 5.05% | +2.48 pp |
| Q1 2018 | 2018-03-31 | 3.89% | +1.26 pp |
| Q4 2017 | 2017-12-31 | 3.43% | +1.86 pp |
| Q3 2017 | 2017-09-30 | 3.00% | +1.54 pp |
| Q2 2017 | 2017-06-30 | 2.58% | +1.25 pp |
| Q1 2017 | 2017-03-31 | 2.63% | +1.40 pp |
| Q4 2016 | 2016-12-31 | 1.57% | +0.15 pp |
| Q3 2016 | 2016-09-30 | 1.47% | −0.49 pp |
| Q2 2016 | 2016-06-30 | 1.33% | −1.08 pp |
| Q1 2016 | 2016-03-31 | 1.23% | −1.87 pp |
| Q4 2015 | 2015-12-31 | 1.42% | −2.86 pp |
| Q3 2015 | 2015-09-30 | 1.95% | −2.02 pp |
| Q2 2015 | 2015-06-30 | 2.41% | −1.37 pp |
| Q1 2015 | 2015-03-31 | 3.11% | −0.02 pp |
| Q4 2014 | 2014-12-31 | 4.28% | +1.89 pp |
| Q3 2014 | 2014-09-30 | 3.97% | +2.32 pp |
| Q2 2014 | 2014-06-30 | 3.78% | +2.58 pp |
| Q1 2014 | 2014-03-31 | 3.13% | +2.51 pp |
| Q4 2013 | 2013-12-31 | 2.40% | +1.91 pp |
| Q3 2013 | 2013-09-30 | 1.65% | +0.11 pp |
| Q2 2013 | 2013-06-30 | 1.20% | −2.73 pp |
| Q1 2013 | 2013-03-31 | 0.62% | −6.44 pp |
| Q4 2012 | 2012-12-31 | 0.49% | −10.68 pp |
| Q3 2012 | 2012-09-30 | 1.54% | −15.88 pp |
| Q2 2012 | 2012-06-30 | 3.93% | −14.92 pp |
| Q1 2012 | 2012-03-31 | 7.06% | −14.66 pp |
| Q4 2011 | 2011-12-31 | 11.16% | −8.20 pp |
| Q3 2011 | 2011-09-30 | 17.42% | −5.50 pp |
| Q2 2011 | 2011-06-30 | 18.86% | −2.43 pp |
| Q1 2011 | 2011-03-31 | 21.72% | +1.82 pp |
| Q4 2010 | 2010-12-31 | 19.36% | — |
| Q3 2010 | 2010-09-30 | 22.92% | — |
| Q2 2010 | 2010-06-30 | 21.28% | — |
| Q1 2010 | 2010-03-31 | 19.90% | — |
Netflix return on assets (roa) trends
Over the last five fiscal years, Netflix's return on assets (roa) increased from 7.54% to 20.11%, a change of +12.57 percentage points. The latest reported quarter, Q2 2026, shows 24.47%.
What return on assets means
Return on assets measures profit relative to the assets used to generate it. It can help compare operating efficiency over time, although normal ROA differs substantially between asset-light and asset-intensive industries.
How return on assets is calculated
TickerStat calculates annual ROA as reported net income divided by average total assets. Quarterly observations use trailing-12-month net income and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Netflix source filings ↗Community posts
Netflix grows profit faster than sales but flags expense-timing benefits
Netflix ($NFLX) reported quarterly revenue of $12.874 billion, an increase of 11.8%, and operating income of $4.459 billion, up 37%. Operating margin reached 34.6%, compared with 28.2% a year earlier. Net income rose 44% to $3.664 billion, ...