Spotify Technology S.A. (SPOT)

NYSE: SPOT · Real-Time Price · USD

484.48

-4.49 (-0.92%)

At close: Apr 6, 2026, 4:00 PM EDT

484.05

-0.43 (-0.09%)

After-hours: Apr 6, 2026, 7:51 PM EDT

Spotify Technology Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 6, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	99,722	119,529	91,196	37,044	15,260	44,968
Market Cap Growth	-16.55%	31.07%	146.18%	142.75%	-66.06%	-24.87%
Enterprise Value	92,959	110,640	85,528	34,261	13,472	43,013
Last Close Price	484.48	580.71	447.38	187.91	78.95	234.02
PE Ratio	39.26	47.09	78.17	-62.26	-32.86	-1143.33
Forward PE	32.25	44.52	52.59	114.59	-	-
PS Ratio	4.94	5.93	5.59	2.53	1.21	4.09
PB Ratio	10.20	12.23	15.86	13.28	5.93	18.66
P/TBV Ratio	12.24	14.68	16.76	14.50	6.38	21.26
P/FCF Ratio	30.09	35.47	38.37	49.72	677.45	143.28
P/OCF Ratio	28.96	34.73	38.09	49.28	309.27	109.54
EV/Sales Ratio	4.61	5.49	5.24	2.34	1.07	3.91
EV/EBITDA Ratio	35.13	41.00	55.31	-107.61	-25.74	171.16
EV/EBIT Ratio	36.02	42.90	60.22	-69.49	-19.06	402.40
EV/FCF Ratio	28.05	32.83	35.99	45.98	598.07	137.05
Debt / Equity Ratio	0.23	0.23	0.36	0.67	0.70	0.84
Debt / EBITDA Ratio	0.82	0.82	1.35	-5.89	-3.45	8.06
Debt / FCF Ratio	0.66	0.66	0.88	2.52	80.14	6.45
Net Debt / Equity Ratio	-0.91	-0.91	-0.99	-1.00	-0.69	-0.81
Net Debt / EBITDA Ratio	-3.29	-3.29	-3.67	8.74	3.42	-7.78
Net Debt / FCF Ratio	-2.64	-2.64	-2.38	-3.74	-79.38	-6.23
Asset Turnover	1.27	1.27	1.54	1.66	1.58	1.43
Quick Ratio	1.71	1.71	1.85	1.24	1.15	1.28
Current Ratio	1.72	1.72	1.88	1.29	1.24	1.36
Return on Equity (ROE)	31.93%	31.93%	28.28%	-21.61%	-19.03%	-1.38%
Return on Assets (ROA)	16.18%	16.18%	11.38%	-5.88%	-10.35%	-0.19%
Return on Invested Capital (ROIC)	166.06%	166.06%	146.44%	-45.57%	-64.25%	-0.80%
Return on Capital Employed (ROCE)	26.67%	26.67%	23.11%	-10.65%	-16.34%	2.55%
Earnings Yield	2.60%	2.12%	1.28%	-1.61%	-3.04%	-0.09%
FCF Yield	3.32%	2.82%	2.61%	2.01%	0.15%	0.70%
Buyback Yield / Dilution	-1.70%	-1.70%	-6.29%	-0.38%	-0.77%	-1.26%
Total Shareholder Return	-1.70%	-1.70%	-6.29%	-0.38%	-0.77%	-1.26%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q