Spotify Technology S.A. (SPOT)

Spotify Technology Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Nov 21, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	95,118	36,669	15,248	44,829	59,655	26,779
Market Cap Growth	145.82%	140.49%	-65.99%	-24.85%	122.76%	30.25%
Enterprise Value	90,819	34,889	13,480	43,242	58,367	25,902
Last Close Price	470.01	187.91	78.95	234.03	314.66	149.55
Forward PE	55.22	114.59	-	-	-	-
PS Ratio	5.55	2.50	1.22	4.08	6.19	3.53
PB Ratio	18.38	13.15	5.94	18.60	17.39	11.71
P/TBV Ratio	19.20	25.23	12.68	33.78	24.32	15.63
P/FCF Ratio	50.20	49.22	679.39	142.82	269.44	54.48
P/OCF Ratio	46.99	48.79	310.16	109.19	188.29	41.65
EV/Sales Ratio	5.39	2.38	1.08	3.93	6.06	3.41
EV/EBITDA Ratio	70.75	3156.44	-	172.05	-	824.32
EV/EBIT Ratio	72.00	-	-	404.49	-	-
EV/FCF Ratio	47.93	46.83	600.61	137.76	263.62	52.70
Debt / Equity Ratio	0.40	0.70	0.73	0.86	0.22	0.31
Debt / EBITDA Ratio	1.55	27.52	-	8.26	-	22.21
Debt / FCF Ratio	1.03	2.61	82.90	6.61	3.36	1.42
Asset Turnover	1.66	1.66	1.58	1.43	1.38	1.43
Quick Ratio	1.55	1.19	1.15	1.26	0.67	0.82
Current Ratio	1.71	1.29	1.24	1.36	0.82	0.91
Return on Equity (ROE)	20.70%	-21.61%	-19.03%	-1.38%	-24.00%	-9.01%
Return on Assets (ROA)	7.79%	-0.64%	-5.56%	0.87%	-3.20%	-0.78%
Return on Capital (ROIC)	13.57%	-1.22%	-10.19%	1.60%	-6.03%	-1.55%
Earnings Yield	0.82%	-1.60%	-3.01%	-0.09%	-1.19%	-0.78%
FCF Yield	1.99%	2.03%	0.15%	0.70%	0.37%	1.84%
Buyback Yield / Dilution	-4.90%	0.57%	-0.98%	-3.39%	-3.66%	0.14%
Total Shareholder Return	-4.90%	0.57%	-0.98%	-3.39%	-3.66%	0.14%

Source: S&P Capital IQ. Standard template. Financial Sources.