Spotify Technology S.A. (SPOT)
NYSE: SPOT · Real-Time Price · USD
616.91
-1.29 (-0.21%)
At close: Nov 7, 2025, 4:00 PM EST
617.21
+0.30 (0.05%)
After-hours: Nov 7, 2025, 7:58 PM EST

Spotify Technology Statistics

Total Valuation

SPOT has a market cap or net worth of $127.14 billion. The enterprise value is $120.99 billion.

Market Cap127.14B
Enterprise Value 120.99B

Important Dates

The last earnings date was Tuesday, November 4, 2025, before market open.

Earnings Date Nov 4, 2025
Ex-Dividend Date n/a

Share Statistics

SPOT has 206.08 million shares outstanding. The number of shares has increased by 3.39% in one year.

Current Share Class 206.08M
Shares Outstanding 206.08M
Shares Change (YoY) +3.39%
Shares Change (QoQ) +4.07%
Owned by Insiders (%) 16.10%
Owned by Institutions (%) 66.47%
Float 156.10M

Valuation Ratios

The trailing PE ratio is 78.68 and the forward PE ratio is 45.69. SPOT's PEG ratio is 1.16.

PE Ratio 78.68
Forward PE 45.69
PS Ratio 6.37
Forward PS 6.42
PB Ratio 13.93
P/TBV Ratio 16.23
P/FCF Ratio 37.70
P/OCF Ratio 36.61
PEG Ratio 1.16
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 50.60, with an EV/FCF ratio of 35.88.

EV / Earnings 73.40
EV / Sales 6.10
EV / EBITDA 50.60
EV / EBIT 51.13
EV / FCF 35.88

Financial Position

The company has a current ratio of 1.61, with a Debt / Equity ratio of 0.29.

Current Ratio 1.61
Quick Ratio 1.34
Debt / Equity 0.29
Debt / EBITDA 1.08
Debt / FCF 0.78
Interest Coverage 61.12

Financial Efficiency

Return on equity (ROE) is 22.64% and return on invested capital (ROIC) is 15.27%.

Return on Equity (ROE) 22.64%
Return on Assets (ROA) 9.99%
Return on Invested Capital (ROIC) 15.27%
Return on Capital Employed (ROCE) 23.87%
Revenue Per Employee $2.58M
Profits Per Employee $214,339
Employee Count7,691
Asset Turnover 1.34
Inventory Turnover n/a

Taxes

In the past 12 months, SPOT has paid $348.47 million in taxes.

Income Tax 348.47M
Effective Tax Rate 17.45%

Stock Price Statistics

The stock price has increased by +57.71% in the last 52 weeks. The beta is 1.65, so SPOT's price volatility has been higher than the market average.

Beta (5Y) 1.65
52-Week Price Change +57.71%
50-Day Moving Average 685.13
200-Day Moving Average 650.27
Relative Strength Index (RSI) 30.48
Average Volume (20 Days) 1,798,158

Short Selling Information

The latest short interest is 6.88 million, so 3.34% of the outstanding shares have been sold short.

Short Interest 6.88M
Short Previous Month 6.76M
Short % of Shares Out 3.34%
Short % of Float 4.41%
Short Ratio (days to cover) 4.64

Income Statement

In the last 12 months, SPOT had revenue of $19.83 billion and earned $1.65 billion in profits. Earnings per share was $7.84.

Revenue19.83B
Gross Profit 6.31B
Operating Income 2.37B
Pretax Income 2.00B
Net Income 1.65B
EBITDA 2.39B
EBIT 2.37B
Earnings Per Share (EPS) $7.84
Full Income Statement

Balance Sheet

The company has $8.78 billion in cash and $2.64 billion in debt, giving a net cash position of $6.14 billion or $29.81 per share.

Cash & Cash Equivalents 8.78B
Total Debt 2.64B
Net Cash 6.14B
Net Cash Per Share $29.81
Equity (Book Value) 9.13B
Book Value Per Share 44.29
Working Capital 4.48B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.47 billion and capital expenditures -$52.80 million, giving a free cash flow of $3.37 billion.

Operating Cash Flow 3.47B
Capital Expenditures -52.80M
Free Cash Flow 3.37B
FCF Per Share $16.36
Full Cash Flow Statement

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 12.06%
EBIT Margin 11.94%
FCF Margin 17.01%

Dividends & Yields

SPOT 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 -3.39%
Shareholder Yield -3.39%
Earnings Yield 1.30%
FCF Yield 2.65%
Dividend Details

Analyst Forecast

The average price target for SPOT is $723.42, which is 17.27% higher than the current price. The consensus rating is "Buy".

Price Target $723.42
Price Target Difference 17.27%
Analyst Consensus Buy
Analyst Count 31
Revenue Growth Forecast (5Y) 12.77%
EPS Growth Forecast (5Y) 29.29%
Stock Forecasts

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

SPOT has an Altman Z-Score of 11.01 and a Piotroski F-Score of 5.

Altman Z-Score 11.01
Piotroski F-Score 5