Debt-to-equity of NETFLIX INC from 31 Dec 2010 to 31 Dec 2025

Taxonomy & unit
ratio: x
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's debt by its shareholder equity.
Summary
NETFLIX INC quarterly Debt-to-equity in x history and change rate from 31 Dec 2010 to 31 Dec 2025.
  • NETFLIX INC Debt-to-equity for the quarter ending 31 Dec 2025 was 1.12x, a 9.4% decline year-over-year.
Debt-to-equity, Quarterly (x)
Debt-to-equity, YoY Quarterly Change (%)

NETFLIX INC Quarterly Debt-to-equity (x)

Period Value YoY Chg Change % Date
Q4 2025 1.12x -0.12x -9.4% 31 Dec 2025
Q3 2025 1.14x -0.15x -11% 30 Sep 2025
Q2 2025 1.19x -0.09x -6.9% 30 Jun 2025
Q1 2025 1.21x -0.06x -5.1% 31 Mar 2025
Q4 2024 1.24x -0.03x -2.5% 31 Dec 2024
Q3 2024 1.29x +0.03x +2.1% 30 Sep 2024
Q2 2024 1.28x -0.01x -0.7% 30 Jun 2024
Q1 2024 1.28x -0.06x -4.4% 31 Mar 2024
Q4 2023 1.27x -0.14x -9.8% 31 Dec 2023
Q3 2023 1.27x -0.25x -17% 30 Sep 2023
Q2 2023 1.29x -0.36x -22% 30 Jun 2023
Q1 2023 1.34x -0.44x -25% 31 Mar 2023
Q4 2022 1.41x -0.5x -26% 31 Dec 2022
Q3 2022 1.52x -0.55x -27% 30 Sep 2022
Q2 2022 1.64x -0.66x -29% 30 Jun 2022
Q1 2022 1.77x -0.78x -31% 31 Mar 2022
Q4 2021 1.91x -0.93x -33% 31 Dec 2021
Q3 2021 2.07x -0.99x -32% 30 Sep 2021
Q2 2021 2.3x -0.96x -29% 30 Jun 2021
Q1 2021 2.56x -0.94x -27% 31 Mar 2021
Q4 2020 2.84x -0.82x -22% 31 Dec 2020
Q3 2020 3.06x -0.72x -19% 30 Sep 2020
Q2 2020 3.26x -0.58x -15% 30 Jun 2020
Q1 2020 3.49x -0.36x -9.3% 31 Mar 2020
Q4 2019 3.66x -0.25x -6.4% 31 Dec 2019
Q3 2019 3.78x -0.2x -5% 30 Sep 2019
Q2 2019 3.84x -0.27x -6.5% 30 Jun 2019
Q1 2019 3.85x -0.32x -7.7% 31 Mar 2019
Q4 2018 3.91x -0.23x -5.6% 31 Dec 2018
Q3 2018 3.98x -0.1x -2.4% 30 Sep 2018
Q2 2018 4.11x +0.08x +1.9% 30 Jun 2018
Q1 2018 4.17x +0.28x +7.1% 31 Mar 2018
Q4 2017 4.14x +0.24x +6% 31 Dec 2017
Q3 2017 4.08x +0.29x +7.7% 30 Sep 2017
Q2 2017 4.03x +0.32x +8.6% 30 Jun 2017
Q1 2017 3.9x +0.2x +5.4% 31 Mar 2017
Q4 2016 3.91x +0.22x +6.1% 31 Dec 2016
Q3 2016 3.79x +0.29x +8.2% 30 Sep 2016
Q2 2016 3.71x +0.36x +11% 30 Jun 2016
Q1 2016 3.7x +0.56x +18% 31 Mar 2016
Q4 2015 3.68x +0.76x +26% 31 Dec 2015
Q3 2015 3.5x +0.5x +17% 30 Sep 2015
Q2 2015 3.35x +0.32x +10% 30 Jun 2015
Q1 2015 3.14x +0.07x +2.2% 31 Mar 2015
Q4 2014 2.93x -0.37x -11% 31 Dec 2014
Q3 2014 3x -0.58x -16% 30 Sep 2014
Q2 2014 3.03x -0.88x -23% 30 Jun 2014
Q1 2014 3.07x -1.2x -28% 31 Mar 2014
Q4 2013 3.3x -0.94x -22% 31 Dec 2013
Q3 2013 3.58x -0.52x -13% 30 Sep 2013
Q2 2013 3.92x -0.11x -2.8% 30 Jun 2013
Q1 2013 4.27x +0.3x +7.6% 31 Mar 2013
Q4 2012 4.24x +0.55x +15% 31 Dec 2012
Q3 2012 4.1x +0.75x +22% 30 Sep 2012
Q2 2012 4.03x +0.99x +33% 30 Jun 2012
Q1 2012 3.97x +1.19x +43% 31 Mar 2012
Q4 2011 3.69x +0.85x +30% 31 Dec 2011
Q3 2011 3.35x 30 Sep 2011
Q2 2011 3.04x 30 Jun 2011
Q1 2011 2.78x 31 Mar 2011
Q4 2010 2.84x 31 Dec 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.