Netflix Inc. (NFLX)
Price to Operating Profit (P/OP)
since 2005
Difficulty: Beginner
Calculation
Netflix Inc., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating income1 (in thousands) |
÷ | No. shares of common stock outstanding2 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2005 | 472.05 | = | 3.64 | ÷ | 0.01 | 0.01 | = | 2,989 | ÷ | 387,622,081 |
| Dec 31, 2006 | 24.04 | = | 3.22 | ÷ | 0.13 | 0.13 | = | 64,414 | ÷ | 480,951,653 |
| Dec 31, 2007 | 21.19 | = | 4.51 | ÷ | 0.21 | 0.21 | = | 91,161 | ÷ | 428,328,404 |
| Dec 31, 2008 | 17.28 | = | 5.11 | ÷ | 0.30 | 0.30 | = | 121,506 | ÷ | 410,790,359 |
| Dec 31, 2009 | 18.20 | = | 9.32 | ÷ | 0.51 | 0.51 | = | 191,939 | ÷ | 374,732,855 |
| Dec 31, 2010 | 43.91 | = | 33.64 | ÷ | 0.77 | 0.77 | = | 283,641 | ÷ | 370,234,466 |
| Dec 31, 2011 | 18.26 | = | 17.70 | ÷ | 0.97 | 0.97 | = | 376,068 | ÷ | 387,930,424 |
| Dec 31, 2012 | 184.56 | = | 23.54 | ÷ | 0.13 | 0.13 | = | 49,992 | ÷ | 391,954,339 |
| Dec 31, 2013 | 105.92 | = | 57.77 | ÷ | 0.55 | 0.55 | = | 228,347 | ÷ | 418,650,652 |
| Dec 31, 2014 | 66.68 | = | 63.40 | ÷ | 0.95 | 0.95 | = | 402,648 | ÷ | 423,486,574 |
| Dec 31, 2015 | 132.15 | = | 94.41 | ÷ | 0.71 | 0.71 | = | 305,826 | ÷ | 428,081,221 |
| Dec 31, 2016 | 161.44 | = | 142.45 | ÷ | 0.88 | 0.88 | = | 379,793 | ÷ | 430,411,593 |
| Dec 31, 2017 | 147.25 | = | 284.59 | ÷ | 1.93 | 1.93 | = | 838,679 | ÷ | 433,948,461 |
| Dec 31, 2018 | 89.46 | = | 328.90 | ÷ | 3.68 | 3.68 | = | 1,605,226 | ÷ | 436,598,597 |
Based on: 10-K (filing date: 2006-03-16), 10-K (filing date: 2007-02-28), 10-K (filing date: 2008-02-28), 10-K (filing date: 2009-02-25), 10-K (filing date: 2010-02-22), 10-K (filing date: 2011-02-18), 10-K (filing date: 2012-02-10), 10-K (filing date: 2013-02-01), 10-K (filing date: 2014-02-03), 10-K (filing date: 2015-01-29), 10-K (filing date: 2016-01-28), 10-K (filing date: 2017-01-27), 10-K (filing date: 2018-01-29), 10-K (filing date: 2019-01-29).
1 USD $
2 Data adjusted for splits and stock dividends.
3 Close price on the filing date of Netflix Inc.’s Annual Report.
Comparison to Competitors
Netflix Inc., P/OP, long-term trends, comparison to competitors
| Netflix Inc. | Amazon.com Inc. | Costco Wholesale Corp. | eBay Inc. | Home Depot Inc. | Target Corp. | Walmart Inc. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2005 | 472.05 | 37.82 | 16.03 | 40.48 | 10.28 | 12.23 | 12.41 |
| Dec 31, 2006 | 24.04 | 42.99 | 15.05 | 30.84 | 9.71 | 10.40 | 10.81 |
| Dec 31, 2007 | 21.19 | 47.85 | 17.49 | 57.09 | 7.50 | 10.09 | 9.56 |
| Dec 31, 2008 | 17.28 | 29.94 | 12.67 | 7.53 | 6.82 | 7.80 | 9.47 |
| Dec 31, 2009 | 18.20 | 49.38 | 14.35 | 20.22 | 9.64 | 5.12 | 9.07 |
| Dec 31, 2010 | 43.91 | 54.90 | 13.16 | 19.16 | 11.50 | 8.40 | 8.78 |
| Dec 31, 2011 | 18.26 | 94.74 | 14.53 | 17.13 | 10.38 | 6.80 | 7.16 |
| Dec 31, 2012 | 184.56 | 183.41 | 14.86 | 25.68 | 11.36 | 7.38 | 7.83 |
| Dec 31, 2013 | 105.92 | 221.12 | 16.80 | 20.43 | 13.35 | 8.18 | 8.85 |
| Dec 31, 2014 | 66.68 | 924.93 | 16.90 | 18.77 | 11.86 | 8.89 | 9.14 |
| Dec 31, 2015 | 132.15 | 123.77 | 18.09 | 12.84 | 14.03 | 11.20 | 9.59 |
| Dec 31, 2016 | 161.44 | 94.32 | 17.91 | 14.98 | 13.88 | 8.88 | 8.97 |
| Dec 31, 2017 | 147.25 | 168.59 | 16.75 | 18.93 | 13.26 | 6.12 | 9.60 |
| Dec 31, 2018 | 89.46 | 64.31 | 21.34 | 14.03 | 13.82 | 8.83 | 12.85 |
Based on: 10-K (filing date: 2006-03-16), 10-K (filing date: 2007-02-28), 10-K (filing date: 2008-02-28), 10-K (filing date: 2009-02-25), 10-K (filing date: 2010-02-22), 10-K (filing date: 2011-02-18), 10-K (filing date: 2012-02-10), 10-K (filing date: 2013-02-01), 10-K (filing date: 2014-02-03), 10-K (filing date: 2015-01-29), 10-K (filing date: 2016-01-28), 10-K (filing date: 2017-01-27), 10-K (filing date: 2018-01-29), 10-K (filing date: 2019-01-29).