Spotify Technology S.A. (ETR:639)

Spotify Technology Statistics

Total Valuation

ETR:639 has a market cap or net worth of EUR 106.44 billion. The enterprise value is 101.14 billion.

Market Cap	106.44B
Enterprise Value	101.14B

Important Dates

The last earnings date was Tuesday, November 4, 2025.

Earnings Date	Nov 4, 2025
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	206.08M
Shares Outstanding	n/a
Shares Change (YoY)	+3.39%
Shares Change (QoQ)	+4.07%
Owned by Insiders (%)	16.10%
Owned by Institutions (%)	66.32%
Float	156.11M

Valuation Ratios

The trailing PE ratio is 75.75 and the forward PE ratio is 44.26.

PE Ratio	75.75
Forward PE	44.26
PS Ratio	6.30
PB Ratio	13.68
P/TBV Ratio	15.94
P/FCF Ratio	36.51
P/OCF Ratio	35.96
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 48.05, with an EV/FCF ratio of 34.70.

EV / Earnings	71.98
EV / Sales	5.92
EV / EBITDA	48.05
EV / EBIT	49.56
EV / FCF	34.70

Financial Position

The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.29.

Current Ratio	1.61
Quick Ratio	1.34
Debt / Equity	0.29
Debt / EBITDA	1.08
Debt / FCF	0.77
Interest Coverage	61.12

Financial Efficiency

Return on equity (ROE) is 22.64% and return on invested capital (ROIC) is 15.27%.

Return on Equity (ROE)	22.64%
Return on Assets (ROA)	9.99%
Return on Invested Capital (ROIC)	15.27%
Return on Capital Employed (ROCE)	23.87%
Revenue Per Employee	2.20M
Profits Per Employee	182,681
Employee Count	7,691
Asset Turnover	1.34
Inventory Turnover	n/a

Taxes

In the past 12 months, ETR:639 has paid 297.00 million in taxes.

Income Tax	297.00M
Effective Tax Rate	17.45%

Stock Price Statistics

The stock price has increased by +14.03% in the last 52 weeks. The beta is 1.65, so ETR:639's price volatility has been higher than the market average.

Beta (5Y)	1.65
52-Week Price Change	+14.03%
50-Day Moving Average	567.88
200-Day Moving Average	572.40
Relative Strength Index (RSI)	38.28
Average Volume (20 Days)	1,323

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	4.45

Income Statement

In the last 12 months, ETR:639 had revenue of EUR 16.90 billion and earned 1.41 billion in profits. Earnings per share was 6.68.

Revenue	16.90B
Gross Profit	5.38B
Operating Income	2.02B
Pretax Income	1.70B
Net Income	1.41B
EBITDA	2.04B
EBIT	2.02B
Earnings Per Share (EPS)	6.68

Balance Sheet

The company has 7.48 billion in cash and 2.25 billion in debt, giving a net cash position of 5.24 billion.

Cash & Cash Equivalents	7.48B
Total Debt	2.25B
Net Cash	5.24B
Net Cash Per Share	n/a
Equity (Book Value)	7.78B
Book Value Per Share	37.75
Working Capital	3.82B

Cash Flow

In the last 12 months, operating cash flow was 2.96 billion and capital expenditures -45.00 million, giving a free cash flow of 2.92 billion.

Operating Cash Flow	2.96B
Capital Expenditures	-45.00M
Free Cash Flow	2.92B
FCF Per Share	n/a

Margins

Gross margin is 31.85%, with operating and profit margins of 11.94% and 8.32%.

Gross Margin	31.85%
Operating Margin	11.94%
Pretax Margin	10.07%
Profit Margin	8.32%
EBITDA Margin	12.06%
EBIT Margin	11.94%
FCF Margin	17.25%

Dividends & Yields

ETR:639 does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-3.39%
Shareholder Yield	-3.39%
Earnings Yield	1.32%
FCF Yield	2.74%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

ETR:639 has an Altman Z-Score of 11.01 and a Piotroski F-Score of 5.

Altman Z-Score	11.01
Piotroski F-Score	5