NFLX
Netflix, Inc.
NFLX has the edge over STRZ overall, supported by stronger fundamentals and stronger valuation.
STRZ
Starz Entertainment Corp.
STRZ's outlook is improving, though it still trails on the overall score.
NFLX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
NFLX's revenue, profitability, cash flow and balance sheet are all currently healthy.
STRZ Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Stable | |
| Weak |
STRZ's cash flow is currently stable, but its revenue, profitability and balance sheet are under pressure.
NFLX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $62.69 | — |
| Current | 18x | $62.69 | — |
| Cheap | 27x | $94.95 | +51% |
| Fair | 47x | $161 | +157% |
| Expensive | 81x | $281 | +348% |
Historical ranges are pointers, not guarantees.
NFLX's PE is in its cheap range at 18x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
STRZ PE Valuation
STRZ has no meaningful PE right now: it lost money over the past year.
NFLX Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
NFLX has the edge over STRZ on the outlook, with more favorable revenue expectations.
STRZ Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect STRZ's losses to shrink, with revenue holding steady.
NFLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.58 | +3.5% |
| Q3 2026 | $3.46 | +45% |
| Q2 2026 | $3.18 | +35% |
| Q1 2026 | $3.10 | +46% |
| Q4 2025 | $2.53 | +28% |
| Q3 2025 | $2.39 | +35% |
| Q2 2025 | $2.35 | +47% |
| Q1 2025 | $2.12 | +47% |
| Q4 2024 | $1.98 | +65% |
NFLX has the edge over STRZ on earnings quality, reporting a profit while its opponent remains loss making.
STRZ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$24.36 | -$17.25 |
| Q2 2026 | -$25.49 | -$20.85 |
| Q1 2026 | -$16.76 | -$14.41 |
| Q4 2025 | -$8.26 | -$7.02 |
| Q3 2025 | -$7.11 | -$5.51 |
| Q2 2025 | -$4.64 | +$0.07 |
| Q1 2025 | -$2.35 | +$2.42 |
| Q4 2024 | -$1.24 | +$3.72 |
STRZ lost $24.36 per share over the past year, a bigger loss than the year before.
NFLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $12.9B | +12% |
| Q2 2026 | $12.6B | +13% |
| Q1 2026 | $12.2B | +16% |
| Q4 2025 | $12.1B | +18% |
| Q3 2025 | $11.5B | +17% |
| Q2 2025 | $11.1B | +16% |
| Q1 2025 | $10.5B | +13% |
| Q4 2024 | $10.2B | +16% |
NFLX has the edge over STRZ on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | +6.4 points |
| Q2 2026 | 33% | -0.7 points |
| Q1 2026 | 32% | +0.5 points |
| Q4 2025 | 25% | +2.4 points |
| Q3 2025 | 28% | -1.4 points |
| Q2 2025 | 34% | +6.8 points |
| Q1 2025 | 32% | +3.7 points |
| Q4 2024 | 22% | +5.2 points |
NFLX has the edge over STRZ on profitability, with a higher operating margin.
STRZ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $322.4M | +0.5% |
| Q2 2026 | $307.9M | -3.7% |
| Q1 2026 | $306.9M | -68% |
| Q4 2025 | $322.8M | -67% |
| Q3 2025 | $320.9M | -66% |
| Q2 2025 | $319.7M | -62% |
| Q1 2025 | $970.5M | -13% |
| Q4 2024 | $970.5M | -0.5% |
STRZ's revenue has slid since its 2024 peak: $322M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -6.6% | +4.3 points |
| Q2 2026 | -57% | -49 points |
| Q1 2026 | -50% | -58 points |
| Q4 2025 | 1.5% | -2.2 points |
| Q3 2025 | -11% | -1.5 points |
| Q2 2025 | -8.4% | -11 points |
| Q1 2025 | 8.6% | +14 points |
| Q4 2024 | 3.7% | +8.2 points |
STRZ's operating margin was −6.6% last quarter, up 4.3 points from the same quarter a year ago.
NFLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.9B | +8.4% |
| Q2 2026 | $1.5B | -33% |
| Q1 2026 | $5.1B | +91% |
| Q4 2025 | $1.9B | +36% |
| Q3 2025 | $2.7B | +21% |
| Q2 2025 | $2.3B | +87% |
| Q1 2025 | $2.7B | +25% |
| Q4 2024 | $1.4B | -13% |
NFLX has the edge over STRZ on cash flow, with more consistent year-over-year improvement.
STRZ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $13.1M | +$44.4M |
| Q2 2026 | -$33.4M | -157% |
| Q1 2026 | $68.7M | +$136.1M |
| Q4 2025 | -$26M | +$98.2M |
| Q3 2025 | -$31.3M | +$59.9M |
| Q2 2025 | $58.5M | +$226.4M |
| Q1 2025 | -$67.4M | -$52.8M |
| Q4 2024 | -$124.2M | -292% |
STRZ's free cash flow has turned positive after two years mostly in the red: $22M over the past year.
NFLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -66.2M shares |
| 1 year | -3.3% | -145M shares |
| 3 years | -6.8% | -305M shares |
| 5 years | -7.8% | -354M shares |
| Available history | -7.1% | -323M shares |
NFLX has the edge over STRZ on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.8B |
| Q2 2026 | $4.7B |
| Q1 2026 | $1.3B |
| Q4 2025 | $2.1B |
| Q3 2025 | $1.9B |
| Q2 2025 | $1.7B |
| Q1 2025 | $3.5B |
| Q4 2024 | $963.7M |
NFLX spent $12.9B buying back its own shares over the past year, up 61% from the year before.
STRZ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.4% | +400K shares |
| 1 year | +3% | +500K shares |
| 3 years | -93% | -217M shares |
| 5 years | -92% | -211M shares |
| Available history | -92% | -201M shares |
STRZ has 17M diluted shares, up 3% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q1 2025 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
NFLX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.7x | Very low |
NFLX has the edge over STRZ on leverage, with a lower net debt burden relative to earnings.
STRZ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 15.7x | High |
| Q2 2026 | 120.8x | High |
| Q1 2026 | 3.8x | Elevated |
| Q4 2025 | 1.3x | Healthy |
| Q3 2025 | 1.7x | Healthy |
| Q2 2025 | 2.0x | Healthy |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 25.2x | High |
STRZ's net debt is about 16 years of its operating earnings (EBITDA), up from 1.7 years a year ago.
NFLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.2 | Neutral |
| Stochastic | 6.0 | Oversold |
NFLX's weekly RSI is 33 (neutral) and its Stochastic is 6 (oversold).
STRZ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.7 | Neutral |
| Stochastic | 46.0 | Neutral |
STRZ's weekly RSI is 59 (neutral) and its Stochastic is 46 (neutral).
NFLX PE vs Communication Services Sector
| Metric | NFLX | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 16x | 9.8% above |
| PE % | 4 | 26 | 22 pts below |
NFLX is trading at 18x earnings, in line with the Communication Services sector's median of 16x.
STRZ PE vs Communication Services Sector
STRZ has no meaningful PE right now: it lost money over the past year.
NFLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $66.6 | 5.9% below |
| 20 week MA | $71.8 | 13% below |
| 50 week MA | $82.4 | 24% below |
| 100 week MA | $96.0 | 35% below |
| 200 week MA | $74.4 | 16% below |
STRZ has stronger trend alignment. NFLX is above 0 of 5 weekly averages versus STRZ above 3 of 3.
STRZ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.3 | 13% above |
| 20 week MA | $25.3 | 4% above |
| 50 week MA | $19.7 | 34% above |
STRZ is in an uptrend: it's above all three of its weekly moving averages, and 34% above its 50-week average.
NFLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.9 | $51.4 | +56% |
| 2021 | $51.4 | $61.4 | +19% |
| 2022 | $61.4 | $29.5 | -52% |
| 2023 | $29.5 | $48.7 | +65% |
| 2024 | $48.7 | $90.8 | +86% |
| 2025 | $90.8 | $94.5 | +4.1% |
| 2026 YTD | $94.5 | $62.7 | -34% |
NFLX is down 34% so far in 2026, after finishing higher in five of the previous six years.
STRZ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $12.3 | $11.8 | -4.2% |
| 2026 YTD | $11.8 | $26.3 | +122% |
STRZ has the edge over NFLX on returns for 2026, with the stronger performance.