Netflix, Inc. NFLX NASDAQ

Netflix, Inc. (NFLX) generated $10.15B in operating cash flow for fiscal year 2025. After capital expenditures of $688.22M, free cash flow was $9.46B.

Free cash flow margin was 20.9% of revenue. Cash conversion ratio was 0.92x, suggesting some earnings are non-cash.

The company returned $9.13B in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (67/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (83/100, Pass) — $9.46B (20.9% FCF margin) supports a durable competitive advantage
• INCOME (85/100) — Cash conversion ratio was 0.92x suggests some earnings are non-cash items

Overall SharesGrow Score: 76/100 with 5/7 criteria passed.