Spotify Technology S.A. (SPOT) EV/FCF Ratio: 24.91x
Is Spotify Technology S.A.’s EV/FCF ratio high or low?
Spotify Technology S.A.'s EV/FCF ratio of 24.91x is 87% below its 5-year average of 184.84x, near the low end of its 5-year range (21.99x–1250.36x).
As of Wednesday, June 17, 2026. 33.68% below its 12-month average of 37.56x.
SPOT EV/FCF Ratio Chart
SPOT Average EV/FCF Ratio Chart
SPOT Current vs Average EV/FCF Ratio Chart
SPOT EV/FCF Ratio Metrics
EV/FCF RATIO
24.91x
EV/FCF RATIO AVG TTM
37.56x
EV/FCF RATIO AVG 3Y
47.90x
EV/FCF RATIO AVG 5Y
79.03x
EV/FCF RATIO AVG 10Y
N/A
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-33.68%
CURRENT VS 3Y AVG
-47.99%
CURRENT VS 5Y AVG
-68.48%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SPOT Competitors' EV/FCF Ratio
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $94.86B | 24.91x | 37.56x | 47.90x | 79.03x |
| Comcast Corporation (CMCSA)vs › | $82.50B | 8.37x | 10.75x | 17.47x | 18.46x |
| DoorDash, Inc. (DASH)vs › | $74.48B | 42.19x | 50.56x | 44.06x | 111.87x |
| Electronic Arts Inc. (EA)vs › | $51.15B | 21.54x | 25.50x | 21.43x | 22.72x |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $42.43B | 97.81x | 140.88x | 140.88x | 127.92x |
| Live Nation Entertainment, Inc. (LYV)vs › | $40.20B | 34.01x | 49.18x | 37.90x | 32.63x |
| AT&T Inc. (T)vs › | $155.54B | 18.15x | 17.33x | 15.66x | 16.08x |
| Reddit, Inc. (RDDT)vs › | $33.76B | 39.33x | 72.76x | 152.69x | 152.69x |
| Omnicom Group Inc. (OMC)vs › | $21.94B | 7.72x | 9.77x | 15.84x | 16.19x |
| Roku, Inc. (ROKU)vs › | $20.56B | 30.16x | 30.50x | 43.59x | 77.62x |
Cash Flow Valuation Comparison
EV/FCF
24.9x
P/FCF
26.4x
FCF Yield
3.79%
Formula: EV/FCF = Enterprise Value / Free Cash Flow
EV/FCF vs P/FCF:
- EV/FCF accounts for debt and cash through enterprise value
- P/FCF only considers equity value
- EV/FCF can be compared across companies with different debt levels
- Both measure how the market values cash generation
Spotify Technology S.A. EV/FCF Ratio Formula & Definition
EV/FCF = Enterprise Value / Free Cash Flow (TTM)
Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Spotify Technology S.A. EV/FCF Ratio FAQ
- What is the EV/FCF ratio for Spotify Technology S.A. (SPOT)?
- The EV/FCF ratio for SPOT stock is 24.91x.
- Is Spotify Technology S.A.'s EV/FCF ratio high or low?
- Spotify Technology S.A.'s EV/FCF ratio of 24.91x is 87% below its 5-year average of 184.84x, near the low end of its 5-year range (21.99x–1250.36x).
- What is the TTM average EV/FCF ratio for Spotify Technology S.A. (SPOT)?
- The TTM average EV/FCF ratio for SPOT stock is 37.56x.
- What is the 3Y average EV/FCF ratio for Spotify Technology S.A. (SPOT)?
- The 3Y average EV/FCF ratio for SPOT stock is 47.90x.
- What is the 5Y average EV/FCF ratio for Spotify Technology S.A. (SPOT)?
- The 5Y average EV/FCF ratio for SPOT stock is 79.03x.
Spotify Technology S.A. EV/FCF Ratio History
| DATE | EV/FCF RATIO |
|---|---|
| 2026-06-16 | 24.91x |
| 2026-06-15 | 25.47x |
| 2026-06-12 | 25.60x |
| 2026-06-11 | 25.82x |
| 2026-06-10 | 26.78x |
| 2026-06-09 | 26.39x |
| 2026-06-08 | 26.78x |
| 2026-06-05 | 26.44x |
| 2026-06-04 | 26.25x |
| 2026-06-03 | 25.91x |
| 2026-06-02 | 26.69x |
| 2026-06-01 | 27.04x |
| 2026-05-29 | 26.48x |
| 2026-05-28 | 27.55x |
| 2026-05-27 | 27.33x |
| 2026-05-26 | 28.28x |
| 2026-05-22 | 27.72x |
| 2026-05-21 | 26.04x |
| 2026-05-20 | 22.86x |
| 2026-05-19 | 23.33x |
| 2026-05-18 | 23.52x |
| 2026-05-15 | 23.06x |
| 2026-05-14 | 22.82x |
| 2026-05-13 | 22.72x |
| 2026-05-12 | 22.83x |
| 2026-05-11 | 22.08x |
| 2026-05-08 | 21.99x |
| 2026-05-07 | 22.53x |
| 2026-05-06 | 22.41x |
| 2026-05-05 | 22.09x |
| 2026-05-04 | 23.14x |
| 2026-05-01 | 23.32x |
| 2026-04-30 | 23.60x |
| 2026-04-29 | 23.44x |
| 2026-04-28 | 22.91x |
| 2026-04-27 | 30.64x |
| 2026-04-24 | 32.06x |
| 2026-04-23 | 31.93x |
| 2026-04-22 | 32.37x |
| 2026-04-21 | 32.34x |
| 2026-04-20 | 33.26x |
| 2026-04-17 | 33.25x |
| 2026-04-16 | 32.92x |
| 2026-04-15 | 32.90x |
| 2026-04-14 | 31.63x |
| 2026-04-13 | 31.17x |
| 2026-04-10 | 29.37x |
| 2026-04-09 | 30.05x |
| 2026-04-08 | 29.83x |
| 2026-04-07 | 29.83x |
| 2026-04-06 | 29.92x |
| 2026-04-02 | 30.20x |
| 2026-04-01 | 28.99x |
| 2026-03-31 | 29.94x |
| 2026-03-30 | 29.31x |
| 2026-03-27 | 29.15x |
| 2026-03-26 | 29.51x |
| 2026-03-25 | 29.20x |
| 2026-03-24 | 29.94x |
| 2026-03-23 | 30.42x |
| 2026-03-20 | 29.28x |
| 2026-03-19 | 29.79x |
| 2026-03-18 | 31.98x |
| 2026-03-17 | 32.52x |
| 2026-03-16 | 32.44x |
| 2026-03-13 | 31.93x |
| 2026-03-12 | 31.52x |
| 2026-03-11 | 31.83x |
| 2026-03-10 | 32.84x |
| 2026-03-09 | 33.77x |
| 2026-03-06 | 35.07x |
| 2026-03-05 | 34.24x |
| 2026-03-04 | 33.09x |
| 2026-03-03 | 32.18x |
| 2026-03-02 | 31.37x |
| 2026-02-27 | 31.86x |
| 2026-02-26 | 30.63x |
| 2026-02-25 | 28.56x |
| 2026-02-24 | 28.71x |
| 2026-02-23 | 28.85x |
| 2026-02-20 | 30.31x |
| 2026-02-19 | 29.97x |
| 2026-02-18 | 29.47x |
| 2026-02-17 | 28.53x |
| 2026-02-13 | 28.25x |
| 2026-02-12 | 27.44x |
| 2026-02-11 | 30.09x |
| 2026-02-10 | 29.38x |
| 2026-02-09 | 26.09x |
| 2026-02-06 | 26.60x |
| 2026-02-05 | 25.96x |
| 2026-02-04 | 27.78x |
| 2026-02-03 | 29.98x |
| 2026-02-02 | 32.25x |
| 2026-01-30 | 31.71x |
| 2026-01-29 | 31.94x |
| 2026-01-28 | 32.26x |
| 2026-01-27 | 32.45x |
| 2026-01-26 | 32.51x |
| 2026-01-23 | 32.55x |
| 2026-01-22 | 31.60x |
| 2026-01-21 | 31.83x |
| 2026-01-20 | 32.43x |
| 2026-01-16 | 31.98x |
| 2026-01-15 | 32.21x |
| 2026-01-14 | 33.59x |
| 2026-01-13 | 33.96x |
| 2026-01-12 | 33.66x |
| 2026-01-09 | 34.27x |
| 2026-01-08 | 35.21x |
| 2026-01-07 | 36.26x |
| 2026-01-06 | 36.38x |
| 2026-01-05 | 37.82x |
| 2026-01-02 | 36.61x |
| 2025-12-31 | 36.99x |
| 2025-12-30 | 36.72x |
| 2025-12-29 | 37.02x |
| 2025-12-26 | 37.23x |
| 2025-12-24 | 37.37x |
| 2025-12-23 | 36.90x |
| 2025-12-22 | 36.86x |
| 2025-12-19 | 37.08x |
| 2025-12-18 | 35.88x |
| 2025-12-17 | 36.04x |
| 2025-12-16 | 36.88x |
| 2025-12-15 | 36.75x |
| 2025-12-12 | 38.11x |
| 2025-12-11 | 38.18x |
| 2025-12-10 | 38.87x |
| 2025-12-09 | 37.58x |
| 2025-12-08 | 36.44x |
| 2025-12-05 | 35.95x |
| 2025-12-04 | 35.69x |
| 2025-12-03 | 35.44x |
| 2025-12-02 | 36.73x |
| 2025-12-01 | 36.87x |
| 2025-11-28 | 38.18x |
| 2025-11-26 | 37.77x |
| 2025-11-25 | 37.30x |
| 2025-11-24 | 37.27x |
| 2025-11-21 | 37.18x |
| 2025-11-20 | 37.55x |
| 2025-11-19 | 39.47x |
| 2025-11-18 | 40.65x |
| 2025-11-17 | 40.92x |
| 2025-11-14 | 40.60x |
| 2025-11-13 | 41.23x |
| 2025-11-12 | 41.40x |
| 2025-11-11 | 40.85x |
| 2025-11-10 | 39.76x |
| 2025-11-07 | 39.37x |
| 2025-11-06 | 39.45x |
| 2025-11-05 | 39.57x |
| 2025-11-04 | 40.20x |
| 2025-11-03 | 41.61x |
| 2025-10-31 | 42.36x |
| 2025-10-30 | 42.45x |
| 2025-10-29 | 43.04x |
| 2025-10-28 | 42.23x |
| 2025-10-27 | 42.52x |
| 2025-10-24 | 41.73x |
| 2025-10-23 | 43.59x |
| 2025-10-22 | 43.70x |
| 2025-10-21 | 44.60x |
| 2025-10-20 | 43.70x |
| 2025-10-17 | 43.43x |
| 2025-10-16 | 42.96x |
| 2025-10-15 | 43.42x |
| 2025-10-14 | 44.23x |
| 2025-10-13 | 44.79x |
| 2025-10-10 | 44.34x |
| 2025-10-09 | 43.57x |
| 2025-10-08 | 43.65x |
| 2025-10-07 | 44.02x |
| 2025-10-06 | 44.01x |
| 2025-10-03 | 44.03x |
| 2025-10-02 | 45.80x |
| 2025-10-01 | 45.36x |
| 2025-09-30 | 45.19x |
| 2025-09-29 | 47.21x |
| 2025-09-26 | 46.41x |
| 2025-09-25 | 46.16x |
| 2025-09-24 | 45.89x |
| 2025-09-23 | 46.57x |
| 2025-09-22 | 47.87x |
| 2025-09-19 | 47.63x |
| 2025-09-18 | 47.58x |
| 2025-09-17 | 45.80x |
| 2025-09-16 | 45.59x |
| 2025-09-15 | 45.52x |
| 2025-09-12 | 45.08x |
| 2025-09-11 | 44.68x |
| 2025-09-10 | 45.59x |
| 2025-09-09 | 46.59x |
| 2025-09-08 | 46.53x |
| 2025-09-05 | 45.80x |
| 2025-09-04 | 45.57x |
| 2025-09-03 | 45.14x |
| 2025-09-02 | 44.63x |
| 2025-08-29 | 44.12x |
| 2025-08-28 | 44.51x |
| 2025-08-27 | 44.85x |
| 2025-08-26 | 45.09x |
| 2025-08-25 | 44.97x |
| 2025-08-22 | 44.85x |
| 2025-08-21 | 44.62x |
| 2025-08-20 | 45.57x |
| 2025-08-19 | 46.60x |
| 2025-08-18 | 47.18x |
| 2025-08-15 | 47.49x |
| 2025-08-14 | 45.22x |
| 2025-08-13 | 44.99x |
| 2025-08-12 | 44.61x |
| 2025-08-11 | 44.61x |
| 2025-08-08 | 45.71x |
| 2025-08-07 | 44.44x |
| 2025-08-06 | 43.12x |
| 2025-08-05 | 41.81x |
| 2025-08-04 | 42.58x |
| 2025-08-01 | 40.49x |
| 2025-07-31 | 40.45x |
| 2025-07-30 | 42.04x |
| 2025-07-29 | 40.02x |
| 2025-07-28 | 51.48x |
| 2025-07-25 | 50.89x |
| 2025-07-24 | 50.01x |
| 2025-07-23 | 49.49x |
| 2025-07-22 | 49.59x |
| 2025-07-21 | 51.92x |
| 2025-07-18 | 51.07x |
| 2025-07-17 | 52.98x |
| 2025-07-16 | 51.82x |
| 2025-07-15 | 52.19x |
| 2025-07-14 | 52.72x |
| 2025-07-11 | 52.09x |
| 2025-07-10 | 52.15x |
| 2025-07-09 | 53.07x |
| 2025-07-08 | 53.01x |
| 2025-07-07 | 54.13x |
| 2025-07-03 | 53.29x |
| 2025-07-02 | 52.12x |
| 2025-07-01 | 53.08x |
| 2025-06-30 | 56.46x |
| 2025-06-27 | 56.86x |
| 2025-06-26 | 57.10x |
| 2025-06-25 | 54.13x |
| 2025-06-24 | 55.15x |
| 2025-06-23 | 53.75x |
| 2025-06-20 | 51.96x |
| 2025-06-18 | 52.17x |
| 2025-06-17 | 53.00x |
| 2025-06-16 | 52.58x |
| 2025-06-13 | 52.22x |
| 2025-06-12 | 51.62x |
| 2025-06-11 | 52.09x |
| 2025-06-10 | 50.91x |
| 2025-06-09 | 51.34x |
| 2025-06-06 | 52.33x |
| 2025-06-05 | 52.37x |
| 2025-06-04 | 51.49x |
Showing the most recent 260 of 2,063 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