Is ROKU or SPOT cheaper?

On trailing earnings, SPOT is cheaper: ROKU trades at a 108.02 P/E and SPOT at 38.40.

Which has grown faster, ROKU or SPOT?

Over the past five years, ROKU grew revenue faster — ROKU at a 19.57% CAGR versus SPOT at 16.40%.

Is ROKU or SPOT more profitable?

SPOT runs the higher net margin — ROKU at 4.06% versus SPOT at 15.43%.

Which has been the better investment, ROKU or SPOT?

Over the past 5-year, SPOT delivered the higher annualized total return — ROKU at -16.16% versus SPOT at 14.61%. Past performance doesn't predict future results.

Roku, Inc. (ROKU) vs Spotify Technology S.A. (SPOT)

SPOT leads on 10 of 14 compared metrics.

A side-by-side comparison of Roku, Inc. and Spotify Technology S.A. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ROKU

Roku, Inc.

$21.22B

$143.66Communication Services

SPOT

Spotify Technology S.A.

$99.11B

$482.00Communication Services

Total return — ROKU vs SPOT

growth of $100 · last 8y

ROKU +374.3%SPOT +223.5%ROKU compounded faster

ROKU SPOT

ROKU vs SPOT: by the numbers

•SPOT is the larger company ($99.11B vs $21.22B market cap).
•SPOT trades at the lower earnings multiple (38.40 vs 108.02 P/E).
•SPOT converts more revenue to profit (15.43% vs 4.06% net margin).
•ROKU grew revenue faster over the past five years (19.57% vs 16.40% CAGR).

Which is better, ROKU or SPOT?

Metric tally: ROKU 4 · SPOT 10

It depends on what you're optimizing for:

ValueSPOT(lower P/E)

GrowthROKU(faster 5Y revenue CAGR)

QualitySPOT(higher ROIC)

Valuation

Metric	ROKU	SPOT
P/E ratio	108.02	38.40●
Forward P/E	39.27	30.56●
P/S ratio	4.37●	4.92
P/B ratio	8.12●	10.89
PEG ratio	—	0.51
EV / EBITDA	48.91	27.54●
FCF yield	3.01%	3.69%●

Profitability

Metric	ROKU	SPOT
Gross margin	44.19%●	32.31%
Operating margin	2.09%	13.70%●
Net margin	4.06%	15.43%●
ROE	7.54%	34.17%●
ROIC	-0.17%	21.05%●

Growth (annualized)

Metric	ROKU	SPOT
Revenue CAGR (5Y)	19.57%●	16.40%
FCF CAGR (5Y)	32.93%	66.97%●
Total return CAGR (5Y)	-16.16%	14.61%●

Frequently asked

Which is better, ROKU or SPOT?: It depends on your goal. value: SPOT (lower P/E); growth: ROKU (faster 5Y revenue CAGR); quality: SPOT (higher ROIC). Across all compared metrics, SPOT leads 10 to 4.
Is ROKU or SPOT cheaper?: On trailing earnings, SPOT is cheaper: ROKU trades at a 108.02 P/E and SPOT at 38.40.
Which has grown faster, ROKU or SPOT?: Over the past five years, ROKU grew revenue faster — ROKU at a 19.57% CAGR versus SPOT at 16.40%.
Is ROKU or SPOT more profitable?: SPOT runs the higher net margin — ROKU at 4.06% versus SPOT at 15.43%.
Which has been the better investment, ROKU or SPOT?: Over the past 5-year, SPOT delivered the higher annualized total return — ROKU at -16.16% versus SPOT at 14.61%. Past performance doesn't predict future results.

Go deeper

Full ROKU analysis Full SPOT analysis Interactive comparison tool

Dig into the metrics

Roku P/E ratio Spotify Technology P/E ratio Roku dividend yield Spotify Technology dividend yield Roku ROE Spotify Technology ROE Roku operating margin Spotify Technology operating margin Roku revenue growth Spotify Technology revenue growth Roku free cash flow Spotify Technology free cash flow

Roku & Spotify Technology appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks

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 June 14, 2026.