Netflix (NFLX) FCF conversion US GAAP (year values)

FY2021 FY2022 FY2023 FY2024 FY2025   LTM ? CAGR 5 years ?
FCF conversion, % -0.69% 7.96% 32.2% 26.3% 31.3%   34.9%  
Changes by years, y/y, % -13pp +9pp +24pp -6pp +5pp     +20.2%

Netflix. FCF conversion, %

Netflix. FCF conversion, changes, pp

Netflix (NFLX) FCF conversion US GAAP (quarter values)

FY2025Q3 FY2025Q4 FY2026Q1 FY2026Q2 FY2026Q2   LTM ?
FCF conversion, % 36.1% 23.8% 45.8% 32.2% 32.2%   34.9%
Changes by years, y/y, % +3pp +3pp +9pp +3pp +3pp    
Changes by quarters, q/q, % +7pp -12pp +22pp -14pp +0pp    

Netflix. FCF conversion, %

Netflix. FCF conversion, changes, pp

Netflix. FCF conversion, changes, pp