Netflix Inc (NFLX)

Financial leverage ratio

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020
Total assets US$ in thousands 54,934,800 53,099,700 52,087,600 53,630,400 52,281,800 49,098,900 48,827,700 48,732,000 49,501,800 50,817,500 49,490,300 48,594,800 47,562,200 46,350,900 45,330,900 44,584,700 42,739,900 40,971,000 40,123,000 39,280,400
Total stockholders’ equity US$ in thousands 25,954,000 24,951,900 24,028,100 24,743,600 22,720,700 22,112,700 21,365,400 20,588,300 22,107,600 22,832,200 21,828,200 20,777,400 20,528,100 19,076,000 17,544,000 15,849,200 15,314,600 13,863,900 12,884,100 11,065,200
Financial leverage ratio 2.12 2.13 2.17 2.17 2.30 2.22 2.29 2.37 2.24 2.23 2.27 2.34 2.32 2.43 2.58 2.81 2.79 2.96 3.11 3.55

September 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $54,934,800K ÷ $25,954,000K
= 2.12


Peer comparison

Sep 30, 2025

Company name
Symbol
Financial leverage ratio
Netflix Inc
NFLX
2.12
Walt Disney Company
DIS
1.80
Warner Music Group
WMG
15.19

See also:

Netflix Inc Financial Leverage (Quarterly Data)