Total Valuation
Spotify has a market cap or net worth of €89.25B. The enterprise value is €91.95K.
Market Cap€89.25B
Enterprise Value€91.95K
Share Statistics
Spotify has 205,882,340 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding205,882,340
Owned by Insiders10.03%
Owned by Institutions3.90%
Financial Efficiency
Spotify’s return on equity (ROE) is 0.27 and return on invested capital (ROIC) is 21.05%.
Return on Equity (ROE)0.27
Return on Assets (ROA)0.15
Return on Invested Capital (ROIC)21.05%
Return on Capital Employed (ROCE)0.25
Revenue Per Employee2.37M
Profits Per Employee304.77K
Employee Count7,258
Asset Turnover1.15
Inventory Turnover0.00
Valuation Ratios
The current PE Ratio of Spotify is 32.8. Spotify’s PEG ratio is 0.51.
PE Ratio32.8
PS Ratio5.91
PB Ratio12.19
Price to Fair Value12.19
Price to FCF35.35
Price to Operating Cash Flow26.78
PEG Ratio0.51
Income Statement
In the last 12 months, Spotify had revenue of 17.19B and earned 2.21B in profits. Earnings per share was 10.77.
Revenue17.19B
Gross Profit5.50B
Operating Income2.20B
Pretax Income2.22B
Net Income2.21B
EBITDA2.36B
Earnings Per Share (EPS)10.77
Cash Flow
In the last 12 months, operating cash flow was 3.24B and capital expenditures -60.08M, giving a free cash flow of 3.18B billion.
Operating Cash Flow3.24B
Free Cash Flow3.18B
Free Cash Flow per Share15.46
Dividends & Yields
Spotify pays an annual dividend of €0.285, resulting in a dividend yield of ―
Dividend Per Share€0.285
Dividend Yield―
Payout Ratio―
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta0.83
52-Week Price Change-21.33%
50-Day Moving Average423.75
200-Day Moving Average448.68
Relative Strength Index (RSI)54.15
Average Volume (3m)464.00
Important Dates
Spotify upcoming earnings date is Oct 27, 2026, Before Open (Confirmed).
Last Earnings DateAug 4, 2026
Next Earnings DateOct 27, 2026
Ex-Dividend Date―
Financial Position
Spotify as a current ratio of 1.72, with Debt / Equity ratio of 5.94%
Current Ratio1.72
Quick Ratio1.72
Debt to Market Cap0.02
Net Debt to EBITDA-1.24
Interest Coverage Ratio70.90
Taxes
In the past 12 months, Spotify has paid 12.00M in taxes.
Income Tax12.00M
Effective Tax Rate<0.01
Enterprise Valuation
Spotify EV to EBITDA ratio is 41.83, with an EV/FCF ratio of 34.33.
EV to Sales5.74
EV to EBITDA41.83
EV to Free Cash Flow34.33
EV to Operating Cash Flow33.61
Balance Sheet
Spotify has €8.76B in cash and marketable securities with €476.50M in debt, giving a net cash position of €8.28B billion.
Cash & Marketable Securities€8.76B
Total Debt€476.50M
Net Cash€8.28B
Net Cash Per Share€40.21
Tangible Book Value Per Share€35.08
Margins
Gross margin is 32.32%, with operating margin of 12.79%, and net profit margin of 12.87%.
Gross Margin32.32%
Operating Margin12.79%
Pretax Margin12.94%
Net Profit Margin12.87%
EBITDA Margin13.71%
EBIT Margin13.12%
Analyst Forecast
The average price target for Spotify is €523.37, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target€523.37
Price Target Upside20.18% Upside
Analyst ConsensusStrong Buy
Analyst Count22
Revenue Growth Forecast8.02%
EPS Growth Forecast128.43%