NFLX · Discounted Cash Flow Valuation
Netflix DCF Valuation: Intrinsic Value Calculator
Netflix, Inc. (NFLX) DCF model with live financials. See the pre-loaded intrinsic value estimate below, then adjust growth and discount rate assumptions in the full calculator.
DCF Snapshot
Assumptions
These are conservative starting assumptions. Adjust them in the full calculator to test your own thesis.
What Drives Netflix's DCF
Netflix's DCF is driven by ad-tier subscriber growth and pricing power across 280M+ global paid memberships. The ad-supported tier, launched in late 2022, is the fastest-growing plan and unlocks a second revenue stream beyond subscriptions. Key assumptions: revenue grows at low-teens rates as ARPU expands through ad monetization, paid-sharing enforcement, and periodic price increases, while operating margins scale toward 30%+ as content spending grows slower than revenue.