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As of Q4'25, Netflix's EV/Sales ratio stands at 33.36, reflecting a notable decrease from the previous quarter's high of 46.95. This latest data point suggests a pullback after a period of elevated valuation levels. From Q1'23 to Q4'25, the EV/Sales ratio for Netflix has shown significant volatility, with values ranging from 18.81 to a peak of 46.95. The metric experienced a sharp rise from Q4'23 through Q2'25, indicating increasing market optimism, before declining in the latter half of 2025. Overall, the trend highlights periods of both strong growth and correction within the observed timeframe.