Spotify Technology S.A. (SPOT) Debt to Equity Ratio: 0.28
Is Spotify Technology S.A.’s debt to equity ratio high or low?
Spotify Technology S.A.'s debt to equity ratio of 0.28 is 45% below its 5-year average of 0.51, near the low end of its 5-year range (0.21–0.84).
The debt to equity ratio for Spotify Technology S.A. (SPOT) is 0.28 as of Wednesday, June 10, 2026. It is below its 12-month average by 12.50% (0.32).
SPOT Debt to Equity Ratio Chart
SPOT Average Debt to Equity Ratio Chart
SPOT Current vs Average Debt to Equity Ratio Chart
SPOT Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.28
DEBT TO EQUITY RATIO AVG TTM
0.32
DEBT TO EQUITY RATIO AVG 3Y
0.50
DEBT TO EQUITY RATIO AVG 5Y
0.51
DEBT TO EQUITY RATIO AVG 10Y
0.74
DEBT TO EQUITY RATIO AVG 15Y
0.74
DEBT TO EQUITY RATIO AVG 20Y
0.74
CURRENT VS TTM AVG
-12.50%
CURRENT VS 3Y AVG
-44.28%
CURRENT VS 5Y AVG
-45.10%
CURRENT VS 10Y AVG
-62.11%
CURRENT VS 15Y AVG
-62.11%
CURRENT VS 20Y AVG
-62.11%
SPOT Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | — | 0.28 | 0.32 | 0.50 | 0.51 |
| Comcast Corporation (CMCSA) | $85.20B | 1.14 | 1.15 | 1.21 | 1.19 |
| Electronic Arts Inc. (EA) | $50.77B | 0.22 | 0.28 | 0.28 | 0.27 |
| AT&T Inc. (T) | $157.80B | 1.57 | 1.46 | 1.50 | 1.38 |
| Twitter, Inc. (delisted) (TWTR) | $41.09B | 0.76 | 0.66 | 0.53 | 0.47 |
| Reddit, Inc. (RDDT) | $34.32B | 0.01 | 0.01 | 0.01 | 0.02 |
| The Walt Disney Company (DIS) | $172.49B | 0.41 | 0.45 | 0.49 | 0.56 |
| Charter Communications, Inc. (CHTR) | $19.11B | 6.05 | 6.09 | 7.95 | 6.97 |
| Roku, Inc. (ROKU) | $17.86B | 0.33 | 0.29 | 0.28 | 0.27 |
| Pinterest, Inc. (PINS) | $14.57B | 0.06 | 0.05 | 0.06 | 0.07 |
Financial Health
Debt/Equity
0.28
Current Ratio
1.72
Spotify Technology S.A. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Spotify Technology S.A. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Spotify Technology S.A. (SPOT)?
- The debt to equity ratio for SPOT stock is 0.28.
- Is Spotify Technology S.A.'s debt to equity ratio high or low?
- Spotify Technology S.A.'s debt to equity ratio of 0.28 is 45% below its 5-year average of 0.51, near the low end of its 5-year range (0.21–0.84).
- What is the TTM average debt to equity ratio for Spotify Technology S.A. (SPOT)?
- The TTM average debt to equity ratio for SPOT stock is 0.32.
- What is the 3Y average debt to equity ratio for Spotify Technology S.A. (SPOT)?
- The 3Y average debt to equity ratio for SPOT stock is 0.50.
- What is the 5Y average debt to equity ratio for Spotify Technology S.A. (SPOT)?
- The 5Y average debt to equity ratio for SPOT stock is 0.51.
- What is the 10Y average debt to equity ratio for Spotify Technology S.A. (SPOT)?
- The 10Y average debt to equity ratio for SPOT stock is 0.74.
- What is the 15Y average debt to equity ratio for Spotify Technology S.A. (SPOT)?
- The 15Y average debt to equity ratio for SPOT stock is 0.74.
- What is the 20Y average debt to equity ratio for Spotify Technology S.A. (SPOT)?
- The 20Y average debt to equity ratio for SPOT stock is 0.74.
Spotify Technology S.A. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.28 |
| 2024-12-31 | 0.36 |
| 2023-12-31 | 0.67 |
| 2022-12-31 | 0.70 |
| 2021-12-31 | 0.84 |
| 2020-12-31 | 0.21 |
| 2019-12-31 | 0.31 |
| 2018-12-31 | 0.00 |
| 2017-12-31 | 3.97 |
| 2015-12-31 | 0.05 |
Related Metrics
About Spotify Technology S.A.
Spotify Technology S.A., through its various entities, functions as a global provider of audio streaming services. Its operational model is split into two distinct segments: Premium and Ad-Supported. The Premium segment caters to subscribers by granting them uninterrupted, ad-free access to its extensive catalog of music and podcasts, available for both online and offline consumption. Conversely, the Ad-Supported segment delivers online, on-demand music streaming and unlimited podcast access to users, facilitated by advertisements and available across computers, tablets, and various mobile devices. Beyond its core streaming offerings, Spotify also manages functions like sales, marketing, outsourced research and development, and comprehensive customer support. By the end of 2021 (December 31), the platform had amassed a significant global user base, comprising 406 million monthly active users and 180 million premium subscribers spanning 184 nations and regions. Incorporated in 2006, the firm's corporate headquarters are situated in Luxembourg, Luxembourg.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- CEO
- Alex Norström