Is SPOT or T cheaper?

On trailing earnings, T is cheaper: SPOT trades at a 38.40 P/E and T at 7.94.

Which has grown faster, SPOT or T?

Over the past five years, SPOT grew revenue faster — SPOT at a 16.40% CAGR versus T at -6.06%.

Does SPOT or T pay a bigger dividend?

T pays a dividend (4.71% yield) while SPOT does not currently pay one.

Is SPOT or T more profitable?

T runs the higher net margin — SPOT at 15.43% versus T at 16.89%.

Which has been the better investment, SPOT or T?

Over the past 5-year, SPOT delivered the higher annualized total return — SPOT at 14.61% versus T at 4.53%. Past performance doesn't predict future results.

Spotify Technology S.A. (SPOT) vs AT&T Inc. (T)

T leads on 10 of 15 compared metrics.

A side-by-side comparison of Spotify Technology S.A. and AT&T Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

SPOT

Spotify Technology S.A.

$99.11B

$482.00Communication Services

AT&T Inc.

$163.84B

$23.58Communication Services

Total return — SPOT vs T

growth of $100 · last 8y

SPOT +234.2%T -12.9%SPOT compounded faster

SPOT T

SPOT vs T: by the numbers

•T is the larger company ($163.84B vs $99.11B market cap).
•T trades at the lower earnings multiple (7.94 vs 38.40 P/E).
•T converts more revenue to profit (16.89% vs 15.43% net margin).
•SPOT grew revenue faster over the past five years (16.40% vs -6.06% CAGR).
•T pays a dividend (4.71% yield) while SPOT does not currently pay one.

Which is better, SPOT or T?

Metric tally: SPOT 5 · T 10

It depends on what you're optimizing for:

ValueT(lower P/E)

GrowthSPOT(faster 5Y revenue CAGR)

QualitySPOT(higher ROIC)

Valuation

Metric	SPOT	T
P/E ratio	38.40	7.94●
Forward P/E	30.55	9.28●
P/S ratio	4.92	1.31●
P/B ratio	10.89	1.51●
PEG ratio	0.51	0.08●
EV / EBITDA	27.54	5.88●
FCF yield	3.69%	10.47%●

Profitability

Metric	SPOT	T
Gross margin	32.31%	79.66%●
Operating margin	13.70%	19.35%●
Net margin	15.43%	16.89%●
ROE	34.17%●	19.48%
ROIC	21.05%●	5.57%

Dividends

Metric	SPOT	T
Dividend yield	—	4.71%
Payout ratio	—	36.51%

Growth (annualized)

Metric	SPOT	T
Revenue CAGR (5Y)	16.40%●	-6.06%
EPS CAGR (5Y)	—	8.15%
FCF CAGR (5Y)	66.97%●	-10.02%
Total return CAGR (5Y)	14.61%●	7.79%

Frequently asked

Which is better, SPOT or T?: It depends on your goal. value: T (lower P/E); growth: SPOT (faster 5Y revenue CAGR); quality: SPOT (higher ROIC). Across all compared metrics, T leads 10 to 5.
Is SPOT or T cheaper?: On trailing earnings, T is cheaper: SPOT trades at a 38.40 P/E and T at 7.94.
Which has grown faster, SPOT or T?: Over the past five years, SPOT grew revenue faster — SPOT at a 16.40% CAGR versus T at -6.06%.
Does SPOT or T pay a bigger dividend?: T pays a dividend (4.71% yield) while SPOT does not currently pay one.
Is SPOT or T more profitable?: T runs the higher net margin — SPOT at 15.43% versus T at 16.89%.
Which has been the better investment, SPOT or T?: Over the past 5-year, SPOT delivered the higher annualized total return — SPOT at 14.61% versus T at 4.53%. Past performance doesn't predict future results.

Go deeper

Full SPOT analysis Full T analysis Interactive comparison tool

Dig into the metrics

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

Spotify Technology & AT&T appear in these rankings

Highest Dividend Yield Stocks 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 13, 2026.