Spotify Technology S.A. (SPOT)

NYSE: SPOT · Real-Time Price · USD

441.59

-3.42 (-0.77%)

At close: May 19, 2026, 4:00 PM EDT

442.00

+0.41 (0.09%)

After-hours: May 19, 2026, 7:58 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	May '26 May 19, 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	90,800	119,529	91,196	37,044	15,260	44,968
Market Cap Growth	-31.24%	31.07%	146.18%	142.75%	-66.06%	-24.87%
Enterprise Value	84,093	108,930	85,528	34,261	13,472	43,014
Last Close Price	441.59	580.71	447.38	187.91	78.95	234.03
PE Ratio	29.72	47.09	78.17	-	-	-
Forward PE	29.14	44.52	52.59	114.59	-	-
PS Ratio	4.49	5.93	5.59	2.53	1.21	4.09
PB Ratio	9.83	12.23	15.86	13.28	5.93	18.66
P/TBV Ratio	11.59	14.68	16.76	14.50	6.44	21.42
P/FCF Ratio	24.68	35.47	38.37	49.72	677.45	143.28
P/OCF Ratio	24.38	34.73	38.09	49.28	309.27	109.54
EV/Sales Ratio	4.16	5.40	5.24	2.34	1.07	3.91
EV/EBITDA Ratio	29.82	40.37	55.31	-	-	171.16
EV/EBIT Ratio	30.34	42.24	60.22	-	-	402.40
EV/FCF Ratio	22.86	32.33	35.99	45.98	598.07	137.05
Debt / Equity Ratio	0.05	0.05	0.36	0.67	0.70	0.84
Debt / EBITDA Ratio	0.17	0.82	1.35	-	-	8.06
Debt / FCF Ratio	0.13	0.66	0.88	2.52	80.14	6.45
Net Debt / Equity Ratio	-1.04	-0.91	-0.99	-1.00	-0.69	-0.81
Net Debt / EBITDA Ratio	-3.33	-3.29	-3.67	8.74	3.42	-7.78
Net Debt / FCF Ratio	-2.63	-2.64	-2.38	-3.74	-79.38	-6.23
Asset Turnover	1.25	1.27	1.54	1.66	1.58	1.43
Quick Ratio	2.03	1.71	1.85	1.24	1.15	1.28
Current Ratio	2.06	1.72	1.88	1.29	1.24	1.36
Return on Equity (ROE)	33.15%	31.93%	28.28%	-21.61%	-19.03%	-1.38%
Return on Assets (ROA)	16.33%	16.18%	11.38%	-5.88%	-10.35%	-0.19%
Return on Invested Capital (ROIC)	189.44%	166.06%	146.44%	-45.57%	-64.25%	-0.80%
Return on Capital Employed (ROCE)	27.68%	26.67%	23.11%	-10.65%	-16.34%	2.55%
Earnings Yield	3.44%	2.12%	1.28%	-	-	-
FCF Yield	4.05%	2.82%	2.61%	2.01%	0.15%	0.70%
Buyback Yield / Dilution	-0.80%	-1.70%	-6.29%	0.57%	-0.98%	-3.39%
Total Shareholder Return	-0.80%	-1.70%	-6.29%	0.57%	-0.98%	-3.39%

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q