Based on the most recent data from Jul 24, 2026, NFLX's PEG ratio comes in at 0.64. This metric factors in a PE of 21.7 with an earnings growth rate of 34.0%. Relative to the 1.0 average from the previous four quarters, the PEG ratio has contracted by 36%.
Looking at the last ten years, NFLX's PEG ratio has has been around 1.75 on average. At 0.64, today's PE to growth ratio sits 63% below its historical average. Within the last ten years, the Jun 2019 quarter recorded the highest PEG value at 10.87. At 0.52, the Sep 2024 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 1.34 | 36.34 | 27.1% |
| 2024 | 0.66 | 43.91 | 66.4% |
| 2023 | 1.92 | 39.91 | 20.8% |
| 2022 | N/A | 29.2 | -12.9% |
| 2021 | 0.62 | 51.93 | 84.1% |
| 2020 | 1.85 | 85.83 | 46.5% |
| 2019 | 1.4 | 75.25 | 53.6% |
| 2018 | 0.83 | 95.59 | 115.4% |
| 2017 | 0.66 | 147.66 | 225% |
| 2016 | 9.29 | 309.5 | 33.3% |
| 2015 | N/A | 381.27 | -50% |
| 2014 | 0.81 | 81.33 | 100% |
| 2013 | N/A | 175.33 | N/A |
| 2012 | N/A | N/A | -100% |
| 2011 | 0.33 | 16.5 | 50% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.65 | 22.11 | 34% |
| Mar 2026 | 0.67 | 30.43 | 45.6% |
| Dec 2025 | 1.34 | 36.34 | 27.1% |
| Sep 2025 | 1.33 | 48.74 | 36.7% |
| Jun 2025 | 1.16 | 55.57 | 47.9% |
| Mar 2025 | 0.9 | 42.97 | 47.6% |
| Dec 2024 | 0.66 | 43.91 | 66.4% |
| Sep 2024 | 0.52 | 39.4 | 76.5% |
| Jun 2024 | 0.58 | 41.4 | 71.6% |
| Mar 2024 | 0.73 | 41.31 | 56.4% |
| Dec 2023 | 1.92 | 39.91 | 20.8% |
| Sep 2023 | N/A | 37.02 | -10.5% |
| Jun 2023 | N/A | 46.37 | -17.4% |
| Mar 2023 | N/A | 36.75 | -16.8% |
| Dec 2022 | N/A | 29.2 | -12.9% |
NFLX's PEG ratio today is below the 3, 5 and 10-year averages.
With a PEG of 0.64, NFLX is above the Communication Services sector and the industry average. Compared to its Communication Services sector average of 0.2, Netflix's PEG is 220% higher.
Compared to its peers, NFLX's PEG ratio is under AMZN's but above GOOGL's and DIS's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| GOOGL Alphabet Inc | 0.14 | $3.91T |
| DIS Walt Disney Co | 0.55 | $164.71B |
| NFLX Netflix Inc | 0.64 | $291.85B |
| AMZN Amazon Com Inc | 0.77 | $2.5T |
| FOXA Fox Corp | N/A | $23.24B |
According to Jul 24, 2026 data, NFLX's PEG ratio sits at 0.64.
NFLX has a 3-year average PEG ratio of 0.95.
NFLX has a 5-year average PEG ratio of 0.92.
NFLX's PEG ratio peaked at 10.87 during the Jun 2019 quarter - the highest in ten years.
NFLX currently has a PEG ratio 63% below its 10-year average.
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Jul 24, 2026, Netflix has a P/E ratio of 21.7. Earnings grew at 34.0% over the TTM period ending Jun 2026. Applying the formula, this produces a price to earnings growth ratio of 0.64. PEG RATIO(0.64) = PE RATIO(21.7) / EPS GROWTH(34.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.