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Netflix (NFLX) Cyclically Adjusted Revenue per Share : $0.00 (As of Jun. 2025)


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What is Netflix Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Netflix's adjusted revenue per share for the three months ended in Jun. 2025 was $25.476. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $0.00 for the trailing ten years ended in Jun. 2025.

During the past 12 months, Netflix's average Cyclically Adjusted Revenue Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 20.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 23.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 25.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Netflix was 27.90% per year. The lowest was 20.50% per year. And the median was 24.90% per year.

As of today (2025-07-19), Netflix's current stock price is $1209.24. Netflix's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2025 was $0.00. Netflix's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Netflix was 31.77. The lowest was 4.83. And the median was 16.19.


Netflix Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Netflix's Cyclically Adjusted Revenue per Share 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 Cyclically Adjusted Revenue per Share Chart

Netflix Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.88 32.27 40.27 47.80 56.40

Netflix Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.47 54.47 56.40 59.07 -

Competitive Comparison of Netflix's Cyclically Adjusted Revenue per Share

For the Entertainment subindustry, Netflix's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Netflix's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Netflix's Cyclically Adjusted PS Ratio falls into.


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Netflix Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Netflix's adjusted Revenue per Share data for the three months ended in Jun. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=25.476/135.3468*135.3468
=25.476

Current CPI (Jun. 2025) = 135.3468.

Netflix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 3.972 100.392 5.355
201512 4.160 99.792 5.642
201603 4.470 100.470 6.022
201606 4.805 101.688 6.395
201609 5.224 101.861 6.941
201612 5.630 101.863 7.481
201703 5.919 102.862 7.788
201706 6.242 103.349 8.175
201709 6.672 104.136 8.672
201712 7.332 104.011 9.541
201803 8.218 105.290 10.564
201806 8.653 106.317 11.016
201809 8.850 106.507 11.246
201812 9.281 105.998 11.851
201903 10.004 107.251 12.625
201906 10.887 108.070 13.635
201909 11.615 108.329 14.512
201912 12.113 108.420 15.121
202003 12.746 108.902 15.841
202006 13.544 108.767 16.854
202009 14.142 109.815 17.430
202012 14.594 109.897 17.974
202103 15.721 111.754 19.040
202106 16.131 114.631 19.046
202109 16.450 115.734 19.238
202112 16.914 117.630 19.462
202203 17.369 121.301 19.380
202206 17.705 125.017 19.168
202209 17.599 125.227 19.021
202212 17.385 125.222 18.791
202303 18.040 127.348 19.173
202306 18.131 128.729 19.063
202309 18.981 129.860 19.783
202312 19.892 129.419 20.803
202403 21.217 131.776 21.792
202406 21.739 132.554 22.197
202409 22.436 133.029 22.827
202412 23.406 133.157 23.791
202503 24.128 134.927 24.203
202506 25.476 135.347 25.476

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Netflix  (NAS:NFLX) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Netflix was 31.77. The lowest was 4.83. And the median was 16.19.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Netflix Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Netflix's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Netflix Business Description

Industry
Address
121 Albright Way, Los Gatos, CA, USA, 95032
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 more than 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
Executives
Jeffrey William Karbowski officer: Chief Accounting Officer 121 ALBRIGHT WAY, LOS GATOS CA 95032
Leslie J Kilgore director 121 ALBRIGHT WAY, LOS GATOS CA 95032
Strive Masiyiwa director 265 FRANKLIN STREET, BOSTON MA 02110
Bradford L Smith director MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
Ann Mather director
Theodore A Sarandos officer: Chief Content Officer C/O NETFLIX, INC, 121 ALBRIGHT WAY, LOS GATOS CA 95032
Spencer Adam Neumann officer: Chief Financial Officer SIERRA INCOME CORPORATION, 375 PARK AVE., SUITE 3304, NEW YORK NY 10152
Gregory K Peters officer: Intl. Development Officer C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032
David A Hyman officer: General Counsel C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032
Reed Hastings director, 10 percent owner, officer: CEO, other: CEO 121 ALBRIGHT WAY, LOS GATOS CA 95032
Mathias Dopfner director C/O TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Jay C Hoag director 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Richard N Barton director C/O IAC, 152 WEST 57TH STREET, NEW YORK NY 10019
Anne M Sweeney director C/O 121 ALBRIGHT WAY, LOS GATOS CA 95032
Timothy M Haley director 3000 SAND HILL ROAD, 2-290, MENLO PARK CA 94025