Spotify Technology S.A. (SPOT) EV/EBIT Ratio: 33.01x
Is Spotify Technology S.A.’s EV/EBIT ratio high or low?
Spotify Technology S.A.'s EV/EBIT ratio of 33.01x is 88% below its 5-year average of 280.60x, near the low end of its 5-year range (29.14x–1738.49x).
As of Wednesday, June 17, 2026. 39.75% below its 12-month average of 54.79x.
SPOT EV/EBIT Ratio Chart
SPOT Average EV/EBIT Ratio Chart
SPOT Current vs Average EV/EBIT Ratio Chart
SPOT EV/EBIT Ratio Metrics
EV/EBIT RATIO
33.01x
EV/EBIT RATIO AVG TTM
54.79x
EV/EBIT RATIO AVG 3Y
80.08x
EV/EBIT RATIO AVG 5Y
113.30x
EV/EBIT RATIO AVG 10Y
N/A
EV/EBIT RATIO AVG 15Y
N/A
EV/EBIT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-39.75%
CURRENT VS 3Y AVG
-58.78%
CURRENT VS 5Y AVG
-70.86%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SPOT Competitors' EV/EBIT Ratio
| NAME | MARKET CAP | EV/EBIT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $94.86B | 33.01x | 54.79x | 80.08x | 113.30x |
| Comcast Corporation (CMCSA)vs › | $82.50B | 8.92x | 9.39x | 11.45x | 13.37x |
| DoorDash, Inc. (DASH)vs › | $74.48B | 102.81x | 201.41x | 228.35x | 228.35x |
| Electronic Arts Inc. (EA)vs › | $51.15B | 43.07x | 39.72x | 30.80x | 31.33x |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $42.43B | N/A | 42.51x | 39.55x | 53.17x |
| Live Nation Entertainment, Inc. (LYV)vs › | $40.20B | 30.05x | 33.43x | 30.10x | 31.66x |
| AT&T Inc. (T)vs › | $155.54B | 12.86x | 13.95x | 12.49x | 12.54x |
| Reddit, Inc. (RDDT)vs › | $31.96B | 51.94x | 239.38x | 281.61x | 281.61x |
| Omnicom Group Inc. (OMC)vs › | $21.94B | 8.50x | 8.17x | 8.84x | 8.83x |
| Roku, Inc. (ROKU)vs › | $20.56B | 189.50x | 173.38x | 173.38x | 166.37x |
Spotify Technology S.A. EV/EBIT Ratio Formula & Definition
EV/EBIT = Enterprise Value / EBIT (TTM)
Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Spotify Technology S.A. EV/EBIT Ratio FAQ
- What is the EV/EBIT ratio for Spotify Technology S.A. (SPOT)?
- The EV/EBIT ratio for SPOT stock is 33.01x.
- Is Spotify Technology S.A.'s EV/EBIT ratio high or low?
- Spotify Technology S.A.'s EV/EBIT ratio of 33.01x is 88% below its 5-year average of 280.60x, near the low end of its 5-year range (29.14x–1738.49x).
- What is the TTM average EV/EBIT ratio for Spotify Technology S.A. (SPOT)?
- The TTM average EV/EBIT ratio for SPOT stock is 54.79x.
- What is the 3Y average EV/EBIT ratio for Spotify Technology S.A. (SPOT)?
- The 3Y average EV/EBIT ratio for SPOT stock is 80.08x.
- What is the 5Y average EV/EBIT ratio for Spotify Technology S.A. (SPOT)?
- The 5Y average EV/EBIT ratio for SPOT stock is 113.30x.
Spotify Technology S.A. EV/EBIT Ratio History
| DATE | EV/EBIT RATIO |
|---|---|
| 2026-06-16 | 33.01x |
| 2026-06-15 | 33.76x |
| 2026-06-12 | 33.92x |
| 2026-06-11 | 34.22x |
| 2026-06-10 | 35.49x |
| 2026-06-09 | 34.98x |
| 2026-06-08 | 35.49x |
| 2026-06-05 | 35.03x |
| 2026-06-04 | 34.78x |
| 2026-06-03 | 34.33x |
| 2026-06-02 | 35.37x |
| 2026-06-01 | 35.84x |
| 2026-05-29 | 35.09x |
| 2026-05-28 | 36.50x |
| 2026-05-27 | 36.22x |
| 2026-05-26 | 37.47x |
| 2026-05-22 | 36.74x |
| 2026-05-21 | 34.51x |
| 2026-05-20 | 30.30x |
| 2026-05-19 | 30.91x |
| 2026-05-18 | 31.17x |
| 2026-05-15 | 30.57x |
| 2026-05-14 | 30.24x |
| 2026-05-13 | 30.12x |
| 2026-05-12 | 30.25x |
| 2026-05-11 | 29.27x |
| 2026-05-08 | 29.14x |
| 2026-05-07 | 29.86x |
| 2026-05-06 | 29.70x |
| 2026-05-05 | 29.27x |
| 2026-05-04 | 30.66x |
| 2026-05-01 | 30.91x |
| 2026-04-30 | 31.28x |
| 2026-04-29 | 31.06x |
| 2026-04-28 | 30.36x |
| 2026-04-27 | 40.19x |
| 2026-04-24 | 42.05x |
| 2026-04-23 | 41.88x |
| 2026-04-22 | 42.46x |
| 2026-04-21 | 42.42x |
| 2026-04-20 | 43.62x |
| 2026-04-17 | 43.61x |
| 2026-04-16 | 43.18x |
| 2026-04-15 | 43.15x |
| 2026-04-14 | 41.49x |
| 2026-04-13 | 40.88x |
| 2026-04-10 | 38.53x |
| 2026-04-09 | 39.42x |
| 2026-04-08 | 39.13x |
| 2026-04-07 | 39.13x |
| 2026-04-06 | 39.24x |
| 2026-04-02 | 39.62x |
| 2026-04-01 | 38.03x |
| 2026-03-31 | 39.28x |
| 2026-03-30 | 38.45x |
| 2026-03-27 | 38.23x |
| 2026-03-26 | 38.71x |
| 2026-03-25 | 38.30x |
| 2026-03-24 | 39.27x |
| 2026-03-23 | 39.90x |
| 2026-03-20 | 38.41x |
| 2026-03-19 | 39.08x |
| 2026-03-18 | 41.94x |
| 2026-03-17 | 42.66x |
| 2026-03-16 | 42.55x |
| 2026-03-13 | 41.89x |
| 2026-03-12 | 41.34x |
| 2026-03-11 | 41.74x |
| 2026-03-10 | 43.08x |
| 2026-03-09 | 44.30x |
| 2026-03-06 | 46.00x |
| 2026-03-05 | 44.91x |
| 2026-03-04 | 43.40x |
| 2026-03-03 | 42.21x |
| 2026-03-02 | 41.15x |
| 2026-02-27 | 41.79x |
| 2026-02-26 | 40.18x |
| 2026-02-25 | 37.46x |
| 2026-02-24 | 37.66x |
| 2026-02-23 | 37.84x |
| 2026-02-20 | 39.75x |
| 2026-02-19 | 39.31x |
| 2026-02-18 | 38.66x |
| 2026-02-17 | 37.43x |
| 2026-02-13 | 37.05x |
| 2026-02-12 | 36.00x |
| 2026-02-11 | 39.47x |
| 2026-02-10 | 38.53x |
| 2026-02-09 | 38.49x |
| 2026-02-06 | 39.24x |
| 2026-02-05 | 38.29x |
| 2026-02-04 | 40.98x |
| 2026-02-03 | 44.22x |
| 2026-02-02 | 47.57x |
| 2026-01-30 | 46.78x |
| 2026-01-29 | 47.12x |
| 2026-01-28 | 47.59x |
| 2026-01-27 | 47.88x |
| 2026-01-26 | 47.96x |
| 2026-01-23 | 48.02x |
| 2026-01-22 | 46.61x |
| 2026-01-21 | 46.95x |
| 2026-01-20 | 47.84x |
| 2026-01-16 | 47.18x |
| 2026-01-15 | 47.52x |
| 2026-01-14 | 49.54x |
| 2026-01-13 | 50.10x |
| 2026-01-12 | 49.65x |
| 2026-01-09 | 50.56x |
| 2026-01-08 | 51.94x |
| 2026-01-07 | 53.49x |
| 2026-01-06 | 53.66x |
| 2026-01-05 | 55.79x |
| 2026-01-02 | 54.01x |
| 2025-12-31 | 54.56x |
| 2025-12-30 | 54.17x |
| 2025-12-29 | 54.61x |
| 2025-12-26 | 54.92x |
| 2025-12-24 | 55.13x |
| 2025-12-23 | 54.44x |
| 2025-12-22 | 54.38x |
| 2025-12-19 | 54.70x |
| 2025-12-18 | 52.93x |
| 2025-12-17 | 53.16x |
| 2025-12-16 | 54.40x |
| 2025-12-15 | 54.22x |
| 2025-12-12 | 56.22x |
| 2025-12-11 | 56.32x |
| 2025-12-10 | 57.34x |
| 2025-12-09 | 55.43x |
| 2025-12-08 | 53.75x |
| 2025-12-05 | 53.03x |
| 2025-12-04 | 52.65x |
| 2025-12-03 | 52.28x |
| 2025-12-02 | 54.18x |
| 2025-12-01 | 54.39x |
| 2025-11-28 | 56.32x |
| 2025-11-26 | 55.72x |
| 2025-11-25 | 55.02x |
| 2025-11-24 | 54.98x |
| 2025-11-21 | 54.84x |
| 2025-11-20 | 55.39x |
| 2025-11-19 | 58.23x |
| 2025-11-18 | 59.96x |
| 2025-11-17 | 60.37x |
| 2025-11-14 | 59.90x |
| 2025-11-13 | 60.82x |
| 2025-11-12 | 61.07x |
| 2025-11-11 | 60.27x |
| 2025-11-10 | 58.65x |
| 2025-11-07 | 58.07x |
| 2025-11-06 | 58.20x |
| 2025-11-05 | 58.37x |
| 2025-11-04 | 59.30x |
| 2025-11-03 | 63.60x |
| 2025-10-31 | 64.73x |
| 2025-10-30 | 64.87x |
| 2025-10-29 | 65.78x |
| 2025-10-28 | 64.54x |
| 2025-10-27 | 64.98x |
| 2025-10-24 | 63.77x |
| 2025-10-23 | 66.61x |
| 2025-10-22 | 66.79x |
| 2025-10-21 | 68.16x |
| 2025-10-20 | 66.78x |
| 2025-10-17 | 66.37x |
| 2025-10-16 | 65.66x |
| 2025-10-15 | 66.35x |
| 2025-10-14 | 67.59x |
| 2025-10-13 | 68.45x |
| 2025-10-10 | 67.77x |
| 2025-10-09 | 66.59x |
| 2025-10-08 | 66.70x |
| 2025-10-07 | 67.28x |
| 2025-10-06 | 67.26x |
| 2025-10-03 | 67.28x |
| 2025-10-02 | 70.00x |
| 2025-10-01 | 69.33x |
| 2025-09-30 | 69.05x |
| 2025-09-29 | 72.14x |
| 2025-09-26 | 70.93x |
| 2025-09-25 | 70.53x |
| 2025-09-24 | 70.13x |
| 2025-09-23 | 71.17x |
| 2025-09-22 | 73.16x |
| 2025-09-19 | 72.79x |
| 2025-09-18 | 72.71x |
| 2025-09-17 | 69.99x |
| 2025-09-16 | 69.67x |
| 2025-09-15 | 69.57x |
| 2025-09-12 | 68.89x |
| 2025-09-11 | 68.28x |
| 2025-09-10 | 69.67x |
| 2025-09-09 | 71.20x |
| 2025-09-08 | 71.11x |
| 2025-09-05 | 69.99x |
| 2025-09-04 | 69.65x |
| 2025-09-03 | 68.99x |
| 2025-09-02 | 68.21x |
| 2025-08-29 | 67.42x |
| 2025-08-28 | 68.02x |
| 2025-08-27 | 68.55x |
| 2025-08-26 | 68.90x |
| 2025-08-25 | 68.73x |
| 2025-08-22 | 68.55x |
| 2025-08-21 | 68.19x |
| 2025-08-20 | 69.64x |
| 2025-08-19 | 71.22x |
| 2025-08-18 | 72.10x |
| 2025-08-15 | 72.58x |
| 2025-08-14 | 69.11x |
| 2025-08-13 | 68.75x |
| 2025-08-12 | 68.18x |
| 2025-08-11 | 68.17x |
| 2025-08-08 | 69.85x |
| 2025-08-07 | 67.91x |
| 2025-08-06 | 65.90x |
| 2025-08-05 | 63.89x |
| 2025-08-04 | 65.06x |
| 2025-08-01 | 61.88x |
| 2025-07-31 | 61.82x |
| 2025-07-30 | 64.24x |
| 2025-07-29 | 61.16x |
| 2025-07-28 | 78.59x |
| 2025-07-25 | 77.68x |
| 2025-07-24 | 76.34x |
| 2025-07-23 | 75.55x |
| 2025-07-22 | 75.69x |
| 2025-07-21 | 79.26x |
| 2025-07-18 | 77.96x |
| 2025-07-17 | 80.87x |
| 2025-07-16 | 79.11x |
| 2025-07-15 | 79.67x |
| 2025-07-14 | 80.48x |
| 2025-07-11 | 79.52x |
| 2025-07-10 | 79.61x |
| 2025-07-09 | 81.01x |
| 2025-07-08 | 80.92x |
| 2025-07-07 | 82.63x |
| 2025-07-03 | 81.34x |
| 2025-07-02 | 79.56x |
| 2025-07-01 | 81.03x |
| 2025-06-30 | 86.19x |
| 2025-06-27 | 86.79x |
| 2025-06-26 | 87.17x |
| 2025-06-25 | 82.63x |
| 2025-06-24 | 84.19x |
| 2025-06-23 | 82.04x |
| 2025-06-20 | 79.32x |
| 2025-06-18 | 79.64x |
| 2025-06-17 | 80.91x |
| 2025-06-16 | 80.26x |
| 2025-06-13 | 79.72x |
| 2025-06-12 | 78.80x |
| 2025-06-11 | 79.52x |
| 2025-06-10 | 77.71x |
| 2025-06-09 | 78.37x |
| 2025-06-06 | 79.88x |
| 2025-06-05 | 79.94x |
| 2025-06-04 | 78.60x |
Showing the most recent 260 of 795 data points. The chart above shows the full history.
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