Spotify Technology S.A. (SPOT) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Spotify Technology S.A., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 45.90x | 76.17x | -62.23x | -33.08x | -1157.95x | -83.12x |
| P/B Ratio | 12.19x | 15.69x | 13.07x | 5.97x | 18.52x | 17.24x |
| P/S Ratio | 5.91x | 5.53x | 2.50x | 1.21x | 4.07x | 6.13x |
| Profitability | ||||||
| Gross Margin | 32.0% | 30.1% | 25.6% | 25.0% | 26.8% | 25.6% |
| Operating Margin | 12.8% | 8.7% | -3.4% | -5.6% | 1.0% | -3.7% |
| Net Margin | 12.9% | 7.3% | -4.0% | -3.7% | -0.4% | -7.4% |
| EBITDA Margin | 13.7% | 9.6% | -2.3% | -1.3% | 4.3% | -6.9% |
| Liquidity | ||||||
| Current Ratio | 1.72x | 1.88x | 1.29x | 1.24x | 1.36x | 0.82x |
| Quick Ratio | 1.72x | 1.88x | 1.29x | 1.24x | 1.36x | 0.82x |
| Leverage | ||||||
| Debt/Equity | 0.28x | 0.36x | 0.67x | 0.70x | 0.84x | 0.21x |
YoY = year-over-year change. Source: FMP..