Spotify Technology S.A. (SPOT)

NYSE: SPOT · Real-Time Price · USD

495.82

-22.18 (-4.28%)

At close: Apr 27, 2026, 4:00 PM EDT

497.00

+1.18 (0.24%)

After-hours: Apr 27, 2026, 4:21 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 27, 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	102,056	119,529	90,406	36,668	-	44,828
Market Cap Growth	-12.02%	32.21%	146.55%	-	-	-25.10%
Enterprise Value	96,816	108,930	84,738	33,884	-1,788	42,874
Last Close Price	495.82	580.71	447.38	187.91	78.95	234.03
PE Ratio	41.98	47.09	78.17	-62.26	-25.12	-199.81
Forward PE	33.84	44.52	52.59	114.59	-	-
PS Ratio	5.13	5.93	5.54	2.50	0	4.08
PB Ratio	10.90	12.23	15.73	13.15	0	18.60
P/TBV Ratio	12.53	14.68	16.76	14.50	6.44	21.42
P/FCF Ratio	30.76	35.47	38.04	49.21	0	142.83
P/OCF Ratio	30.08	34.73	37.76	48.78	0	109.20
EV/Sales Ratio	4.80	5.40	5.20	2.31	-0.14	3.90
EV/EBITDA Ratio	36.58	40.37	54.80	-106.43	3.42	170.60
EV/EBIT Ratio	37.52	42.24	59.66	-68.73	2.53	401.10
EV/FCF Ratio	28.76	32.33	35.65	45.48	-79.38	136.60
Debt / Equity Ratio	0.05	0.05	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	2.51%	2.12%	1.28%	-1.61%	-3.98%	-0.50%
FCF Yield	3.25%	2.82%	2.63%	2.03%	-	0.70%
Buyback Yield / Dilution	-1.70%	-1.70%	-6.29%	0.57%	-0.98%	-3.39%
Total Shareholder Return	-1.70%	-1.70%	-6.29%	0.57%	-0.98%	-3.39%

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

SEC Filings: 10-K · 10-Q