Spotify Technology S.A. (ETR:639)

Spotify Technology Statistics

Total Valuation

ETR:639 has a market cap or net worth of EUR 112.73 billion. The enterprise value is 105.71 billion.

Market Cap	112.73B
Enterprise Value	105.71B

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	205.78M
Shares Outstanding	n/a
Shares Change (YoY)	+3.74%
Shares Change (QoQ)	+4.07%
Owned by Insiders (%)	16.12%
Owned by Institutions (%)	66.37%
Float	155.79M

Valuation Ratios

The trailing PE ratio is 80.23 and the forward PE ratio is 43.32.

PE Ratio	80.23
Forward PE	43.32
PS Ratio	6.67
PB Ratio	14.49
P/TBV Ratio	16.91
P/FCF Ratio	38.67
P/OCF Ratio	38.08
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 48.93, with an EV/FCF ratio of 36.26.

EV / Earnings	75.24
EV / Sales	6.13
EV / EBITDA	48.93
EV / EBIT	51.34
EV / FCF	36.26

Financial Position

The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.28.

Current Ratio	1.61
Quick Ratio	1.59
Debt / Equity	0.28
Debt / EBITDA	1.03
Debt / FCF	0.75
Interest Coverage	48.02

Financial Efficiency

Return on equity (ROE) is 22.64% and return on invested capital (ROIC) is 15.33%.

Return on Equity (ROE)	22.64%
Return on Assets (ROA)	9.99%
Return on Invested Capital (ROIC)	15.33%
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 +53.85% in the last 52 weeks. The beta is 1.67, so ETR:639's price volatility has been higher than the market average.

Beta (5Y)	1.67
52-Week Price Change	+53.85%
50-Day Moving Average	590.85
200-Day Moving Average	575.74
Relative Strength Index (RSI)	36.10
Average Volume (20 Days)	1,520

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)	n/a

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 5.71.

Revenue	16.90B
Gross Profit	5.38B
Operating Income	2.02B
Pretax Income	1.70B
Net Income	1.41B
EBITDA	2.06B
EBIT	2.02B
Earnings Per Share (EPS)	5.71

Balance Sheet

The company has 9.06 billion in cash and 2.19 billion in debt, giving a net cash position of 6.88 billion.

Cash & Cash Equivalents	9.06B
Total Debt	2.19B
Net Cash	6.88B
Net Cash Per Share	n/a
Equity (Book Value)	7.78B
Book Value Per Share	37.77
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	12.20%
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	-3.74%
Shareholder Yield	-3.74%
Earnings Yield	1.25%
FCF Yield	2.59%

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

Altman Z-Score	n/a
Piotroski F-Score	5