DoorDash, Inc. (DASH) vs Spotify Technology S.A. (SPOT)
A side-by-side comparison of DoorDash, Inc. and Spotify Technology S.A. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
DASH
DoorDash, Inc.
$201.95Communication ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
SPOT
Spotify Technology S.A.
$525.75Communication ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — DASH vs SPOT
growth of $100 · dividends reinvested · last 6yDASH +4.1% (+0.7%/yr)SPOT +57.3% (+7.8%/yr)SPOT compounded faster over this window
DASH SPOT
DASH vs SPOT: by the numbers
- •SPOT is the larger company ($108.09B vs $87.99B market cap).
- •SPOT trades at the lower trailing earnings multiple (32.80 vs 105.73 P/E), one valuation lens rather than an overall verdict.
- •SPOT converts more revenue to profit (18.49% vs 5.29% net margin).
- •DASH grew revenue faster over the past five years (30.73% vs 15.47% CAGR).
Metrics side by side
Valuation
| Metric | DASH | SPOT |
|---|---|---|
| P/E ratio | 105.73 | 32.80 |
| Forward P/E | 77.22 | N/A |
| P/S ratio | 5.54 | 5.14 |
| P/B ratio | 8.87 | 11.28 |
| EV / EBITDA | 43.29 | 31.80 |
| FCF yield | 2.60% | 3.53% |
Profitability
| Metric | DASH | SPOT |
|---|---|---|
| Gross margin | 51.41% | 32.79% |
| Operating margin | 6.34% | 14.65% |
| Net margin | 5.29% | 18.49% |
| ROE | 8.47% | 40.58% |
| ROIC | 7.28% | 29.12% |
Growth (annualized)
| Metric | DASH | SPOT |
|---|---|---|
| Revenue CAGR (5Y) | 30.73% | 15.47% |
| FCF CAGR (5Y) | 44.85% | 66.34% |
| Total return CAGR (5Y) | -0.90% | 16.28% |
Frequently asked
- Which has the lower trailing P/E, DASH or SPOT?
- SPOT has the lower trailing P/E: DASH trades at 105.73 and SPOT at 32.80. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DASH or SPOT?
- Over the past five years, DASH grew revenue faster — DASH at a 30.73% CAGR versus SPOT at 15.47%.
- Is DASH or SPOT more profitable?
- SPOT runs the higher net margin — DASH at 5.29% versus SPOT at 18.49%.
- How have DASH and SPOT total returns compared?
- Over the past 5 years, DASH delivered -0.90% and SPOT delivered 16.28% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
DoorDash P/E ratioSpotify Technology P/E ratioDoorDash ROESpotify Technology ROEDoorDash operating marginSpotify Technology operating marginDoorDash revenue growthSpotify Technology revenue growthDoorDash free cash flowSpotify Technology free cash flow
DoorDash & Spotify Technology appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.