Why Is Netflix Growing Fastest And Falling Furthest?

Photo by wynpnt on Pixabay Netflix (NFLX) grew revenue faster over the past twelve months than Amazon, Apple, Comcast, or Disney and earned a wider operating margin than all of them except Apple. Its shares still finished those twelve months down 38.9%, the last of the five. The fall has not made the stock cheap. That is the mismatch worth explaining. Did Amazon Really Have A Better Year Than Netflix? Set the two side by side, and the past twelve months stop reading as a verdict on the business. Netflix turned $48.37 billion of trailing-twelve-month revenue into a 29.7% operating margin, more than twice Amazon's 12.1%, and it grew faster doing it, 16.0% against 15.8%. Amazon's shares returned 7.0% over those twelve months. Netflix's returned -38.9%.