EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Netflix's Enterprise Value is $270,811 Mil.
Netflix's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $7,025 Mil. Therefore, Netflix's EV-to-EBIT for today is 38.55.
The historical rank and industry rank for Netflix's EV-to-EBIT or its related term are showing as below:
NFLX'
s EV-to-EBIT Range Over the Past 10 Years
Min: 13.32 Med: 72.49 Max: 231.51
Current: 38.55
During the past 13 years, the highest EV-to-EBIT of Netflix was 231.51. The lowest was 13.32. And the median was 72.49.
NFLX's EV-to-EBIT is ranked worse than 84.17% of 657
companies
in the Media - Diversified industry
Industry Median: 12.42
vs NFLX: 38.55
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Netflix's Enterprise Value for the quarter that ended in Dec. 2023 was $218,108 Mil.
Netflix's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $7,025 Mil. Netflix's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.22%.
Netflix EV-to-EBIT Historical Data
The historical data trend for Netflix's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Netflix Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBIT
56.44
54.00
41.91
23.39
31.36
Netflix Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-EBIT
23.39
29.03
36.54
29.29
31.36
Competitive Comparison
For the Entertainment subindustry, Netflix's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Netflix EV-to-EBIT Distribution
For the Media - Diversified industry and Communication Services sector, Netflix's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Netflix's EV-to-EBIT falls into.
Netflix's current Enterprise Value is $270,811 Mil.
Netflix's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,025 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Netflix (NAS:NFLX) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Netflix's Enterprise Value for the quarter that ended in Dec. 2023 was $218,108 Mil.
Netflix's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,025 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Netflix EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Netflix's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with almost 250 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
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