45
Netflix
(NasdaqNM: NFLX)
USA
Renting DVDs by mail may turn out to be just the beginning for Los Gatos (Calif.)-based Netflix. Management says 2006 sales will hit at least $990 million. It has taken share from video-store rivals with its huge selection. It offers 60,000 movies, and 98% of them are rented in a given quarter. Now, Netflix is investing in an online service to deliver movies over the Internet if and when the DVD format's dominance inHollywood wanes. It's also branching out into film distribution, buying up rights to small films that Netflix believes it can make a market for through the wonders of data mining, so people don't all have to watch popcorn blockbusters and sequels. If you want more movies like Crash and less of Weekend at Bernie's III, you have a rooting interest in Netflix.
Company Info |
|
| 2005 Rank | Not Ranked |
| Sales* ($ Millions) | 753.9 |
| Sales Growth (over prev. year) |
36 % |
| Profits* ($ Millions) | 55.2 |
| Return on Equity | 23.2 % |
| Total Return on Sales (12-mo.) | 93.8 |
| Share Price As of 5/31/06 | 27.69 |
| CURRENT MARKET INFO | NasdaqNM: NFLX |
| No. of Employees | 985 |
| Industry | Internet Companies |
| COMPANY WEB SITE > | |
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Netflix operates as an online movie rental subscription service provider in the U.S. It provides its subscribers access to a library of movie, television, and other filmed entertainment titles. As of December 31, 2005, the company provided approximately 4,200,000 subscribers access to a library of approximately 55,000 movies, television, and other filmed entertainment titles. Netflix was founded by Reed Hastings in 1997 and is headquartered in Los Gatos, Calif.
Data provided by 
