Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 4.65x is 15% above its 5-year average of 4.04x, around the middle of its 5-year range (1.08x–9.17x).
As of Saturday, July 25, 2026. 21.99% below its 12-month average of 5.96x.
EV/SALES RATIO
4.65x
EV/SALES RATIO AVG TTM
5.96x
EV/SALES RATIO AVG 3Y
5.08x
EV/SALES RATIO AVG 5Y
4.04x
EV/SALES RATIO AVG 10Y
N/A
EV/SALES RATIO AVG 15Y
N/A
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-21.99%
CURRENT VS 3Y AVG
-8.54%
CURRENT VS 5Y AVG
+15.07%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
3.04x
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
+52.71%
vs the sector median at left
Spotify Technology S.A.
Market Cap
$99.24B
EV/Sales Ratio
4.65x
TTM Avg
5.96x
3Y Avg
5.08x
5Y Avg
4.04x
Market Cap
$79.12B
EV/Sales Ratio
0.63x
TTM Avg
1.58x
3Y Avg
1.93x
5Y Avg
2.14x
Market Cap
$64.61B
EV/Sales Ratio
2.51x
TTM Avg
2.36x
3Y Avg
1.82x
5Y Avg
2.12x
Market Cap
$41.25B
EV/Sales Ratio
1.67x
TTM Avg
1.59x
3Y Avg
1.36x
5Y Avg
2.89x
Market Cap
$164.71B
EV/Sales Ratio
2.16x
TTM Avg
2.44x
3Y Avg
2.46x
5Y Avg
2.90x
Market Cap
$25.33B
EV/Sales Ratio
3.60x
TTM Avg
3.65x
3Y Avg
1.95x
5Y Avg
2.15x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $99.24B | 4.65x | 5.96x | 5.08x | 4.04x |
| Comcast Corporation (CMCSA)vs › | $79.12B | 0.63x | 1.58x | 1.93x | 2.14x |
| DoorDash, Inc. (DASH)vs › | $75.34B | 5.11x | 7.02x | 6.18x | 6.37x |
| Warner Bros. Discovery, Inc. (WBD)vs › | $64.61B | 2.51x | 2.36x | 1.82x | 2.12x |
| Live Nation Entertainment, Inc. (LYV)vs › | $41.25B | 1.67x | 1.59x | 1.36x | 2.89x |
| The Walt Disney Company (DIS)vs › | $164.71B | 2.16x | 2.44x | 2.46x | 2.90x |
| AT&T Inc. (T)vs › | $165.35B | 2.31x | 2.64x | 2.47x | 2.40x |
| Reddit, Inc. (RDDT)vs › | $32.48B | 13.27x | 18.60x | 16.74x | 16.74x |
| EchoStar Corporation (SATS)vs › | $25.33B | 3.60x | 3.65x | 1.95x | 2.15x |
| Fox Corporation (FOXA)vs › | $24.25B | 1.66x | 1.92x | 1.70x | 1.69x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/SALES RATIO |
|---|---|
| 2026-07-24 | 4.65x |
| 2026-07-23 | 4.52x |
| 2026-07-22 | 4.57x |
| 2026-07-21 | 4.76x |
| 2026-07-20 | 4.75x |
| 2026-07-17 | 4.61x |
| 2026-07-16 | 4.59x |
| 2026-07-15 | 4.68x |
| 2026-07-14 | 4.64x |
| 2026-07-13 | 4.63x |
| 2026-07-10 | 4.63x |
| 2026-07-09 | 4.69x |
| 2026-07-08 | 4.68x |
| 2026-07-07 | 4.77x |
| 2026-07-06 | 4.66x |
| 2026-07-02 | 4.69x |
| 2026-07-01 | 4.55x |
| 2026-06-30 | 4.41x |
| 2026-06-29 | 4.45x |
| 2026-06-26 | 4.42x |
| 2026-06-25 | 4.23x |
| 2026-06-24 | 4.37x |
| 2026-06-23 | 4.38x |
| 2026-06-22 | 4.42x |
| 2026-06-18 | 4.51x |
| 2026-06-17 | 4.38x |
| 2026-06-16 | 4.52x |
| 2026-06-15 | 4.63x |
| 2026-06-12 | 4.65x |
| 2026-06-11 | 4.69x |
| 2026-06-10 | 4.86x |
| 2026-06-09 | 4.79x |
| 2026-06-08 | 4.86x |
| 2026-06-05 | 4.80x |
| 2026-06-04 | 4.77x |
| 2026-06-03 | 4.70x |
| 2026-06-02 | 4.85x |
| 2026-06-01 | 4.91x |
| 2026-05-29 | 4.81x |
| 2026-05-28 | 5.00x |
| 2026-05-27 | 4.96x |
| 2026-05-26 | 5.13x |
| 2026-05-22 | 5.03x |
| 2026-05-21 | 4.73x |
| 2026-05-20 | 4.15x |
| 2026-05-19 | 4.24x |
| 2026-05-18 | 4.27x |
| 2026-05-15 | 4.19x |
| 2026-05-14 | 4.14x |
| 2026-05-13 | 4.13x |
| 2026-05-12 | 4.15x |
| 2026-05-11 | 4.01x |
| 2026-05-08 | 3.99x |
| 2026-05-07 | 4.09x |
| 2026-05-06 | 4.07x |
| 2026-05-05 | 4.01x |
| 2026-05-04 | 4.20x |
| 2026-05-01 | 4.23x |
| 2026-04-30 | 4.29x |
| 2026-04-29 | 4.26x |
| 2026-04-28 | 4.16x |
| 2026-04-27 | 5.14x |
| 2026-04-24 | 5.38x |
| 2026-04-23 | 5.36x |
| 2026-04-22 | 5.43x |
| 2026-04-21 | 5.43x |
| 2026-04-20 | 5.58x |
| 2026-04-17 | 5.58x |
| 2026-04-16 | 5.53x |
| 2026-04-15 | 5.52x |
| 2026-04-14 | 5.31x |
| 2026-04-13 | 5.23x |
| 2026-04-10 | 4.93x |
| 2026-04-09 | 5.05x |
| 2026-04-08 | 5.01x |
| 2026-04-07 | 5.01x |
| 2026-04-06 | 5.02x |
| 2026-04-02 | 5.07x |
| 2026-04-01 | 4.87x |
| 2026-03-31 | 5.03x |
| 2026-03-30 | 4.92x |
| 2026-03-27 | 4.89x |
| 2026-03-26 | 4.95x |
| 2026-03-25 | 4.90x |
| 2026-03-24 | 5.03x |
| 2026-03-23 | 5.11x |
| 2026-03-20 | 4.92x |
| 2026-03-19 | 5.00x |
| 2026-03-18 | 5.37x |
| 2026-03-17 | 5.46x |
| 2026-03-16 | 5.45x |
| 2026-03-13 | 5.36x |
| 2026-03-12 | 5.29x |
| 2026-03-11 | 5.34x |
| 2026-03-10 | 5.51x |
| 2026-03-09 | 5.67x |
| 2026-03-06 | 5.89x |
| 2026-03-05 | 5.75x |
| 2026-03-04 | 5.55x |
| 2026-03-03 | 5.40x |
| 2026-03-02 | 5.27x |
| 2026-02-27 | 5.35x |
| 2026-02-26 | 5.14x |
| 2026-02-25 | 4.80x |
| 2026-02-24 | 4.82x |
| 2026-02-23 | 4.84x |
| 2026-02-20 | 5.09x |
| 2026-02-19 | 5.03x |
| 2026-02-18 | 4.95x |
| 2026-02-17 | 4.79x |
| 2026-02-13 | 4.74x |
| 2026-02-12 | 4.61x |
| 2026-02-11 | 5.05x |
| 2026-02-10 | 4.93x |
| 2026-02-09 | 4.50x |
| 2026-02-06 | 4.59x |
| 2026-02-05 | 4.47x |
| 2026-02-04 | 4.79x |
| 2026-02-03 | 5.17x |
| 2026-02-02 | 5.56x |
| 2026-01-30 | 5.47x |
| 2026-01-29 | 5.51x |
| 2026-01-28 | 5.56x |
| 2026-01-27 | 5.59x |
| 2026-01-26 | 5.60x |
| 2026-01-23 | 5.61x |
| 2026-01-22 | 5.45x |
| 2026-01-21 | 5.49x |
| 2026-01-20 | 5.59x |
| 2026-01-16 | 5.51x |
| 2026-01-15 | 5.55x |
| 2026-01-14 | 5.79x |
| 2026-01-13 | 5.85x |
| 2026-01-12 | 5.80x |
| 2026-01-09 | 5.91x |
| 2026-01-08 | 6.07x |
| 2026-01-07 | 6.25x |
| 2026-01-06 | 6.27x |
| 2026-01-05 | 6.52x |
| 2026-01-02 | 6.31x |
| 2025-12-31 | 6.38x |
| 2025-12-30 | 6.33x |
| 2025-12-29 | 6.38x |
| 2025-12-26 | 6.42x |
| 2025-12-24 | 6.44x |
| 2025-12-23 | 6.36x |
| 2025-12-22 | 6.35x |
| 2025-12-19 | 6.39x |
| 2025-12-18 | 6.18x |
| 2025-12-17 | 6.21x |
| 2025-12-16 | 6.36x |
| 2025-12-15 | 6.34x |
| 2025-12-12 | 6.57x |
| 2025-12-11 | 6.58x |
| 2025-12-10 | 6.70x |
| 2025-12-09 | 6.48x |
| 2025-12-08 | 6.28x |
| 2025-12-05 | 6.20x |
| 2025-12-04 | 6.15x |
| 2025-12-03 | 6.11x |
| 2025-12-02 | 6.33x |
| 2025-12-01 | 6.35x |
| 2025-11-28 | 6.58x |
| 2025-11-26 | 6.51x |
| 2025-11-25 | 6.43x |
| 2025-11-24 | 6.42x |
| 2025-11-21 | 6.41x |
| 2025-11-20 | 6.47x |
| 2025-11-19 | 6.80x |
| 2025-11-18 | 7.01x |
| 2025-11-17 | 7.05x |
| 2025-11-14 | 7.00x |
| 2025-11-13 | 7.11x |
| 2025-11-12 | 7.14x |
| 2025-11-11 | 7.04x |
| 2025-11-10 | 6.85x |
| 2025-11-07 | 6.79x |
| 2025-11-06 | 6.80x |
| 2025-11-05 | 6.82x |
| 2025-11-04 | 6.93x |
| 2025-11-03 | 7.05x |
| 2025-10-31 | 7.17x |
| 2025-10-30 | 7.19x |
| 2025-10-29 | 7.29x |
| 2025-10-28 | 7.15x |
| 2025-10-27 | 7.20x |
| 2025-10-24 | 7.07x |
| 2025-10-23 | 7.38x |
| 2025-10-22 | 7.40x |
| 2025-10-21 | 7.55x |
| 2025-10-20 | 7.40x |
| 2025-10-17 | 7.35x |
| 2025-10-16 | 7.28x |
| 2025-10-15 | 7.35x |
| 2025-10-14 | 7.49x |
| 2025-10-13 | 7.58x |
| 2025-10-10 | 7.51x |
| 2025-10-09 | 7.38x |
| 2025-10-08 | 7.39x |
| 2025-10-07 | 7.45x |
| 2025-10-06 | 7.45x |
| 2025-10-03 | 7.46x |
| 2025-10-02 | 7.76x |
| 2025-10-01 | 7.68x |
| 2025-09-30 | 7.65x |
| 2025-09-29 | 7.99x |
| 2025-09-26 | 7.86x |
| 2025-09-25 | 7.82x |
| 2025-09-24 | 7.77x |
| 2025-09-23 | 7.89x |
| 2025-09-22 | 8.11x |
| 2025-09-19 | 8.07x |
| 2025-09-18 | 8.06x |
| 2025-09-17 | 7.75x |
| 2025-09-16 | 7.72x |
| 2025-09-15 | 7.71x |
| 2025-09-12 | 7.63x |
| 2025-09-11 | 7.57x |
| 2025-09-10 | 7.72x |
| 2025-09-09 | 7.89x |
| 2025-09-08 | 7.88x |
| 2025-09-05 | 7.75x |
| 2025-09-04 | 7.72x |
| 2025-09-03 | 7.64x |
| 2025-09-02 | 7.56x |
| 2025-08-29 | 7.47x |
| 2025-08-28 | 7.54x |
| 2025-08-27 | 7.60x |
| 2025-08-26 | 7.63x |
| 2025-08-25 | 7.62x |
| 2025-08-22 | 7.60x |
| 2025-08-21 | 7.56x |
| 2025-08-20 | 7.72x |
| 2025-08-19 | 7.89x |
| 2025-08-18 | 7.99x |
| 2025-08-15 | 8.04x |
| 2025-08-14 | 7.66x |
| 2025-08-13 | 7.62x |
| 2025-08-12 | 7.55x |
| 2025-08-11 | 7.55x |
| 2025-08-08 | 7.74x |
| 2025-08-07 | 7.53x |
| 2025-08-06 | 7.30x |
| 2025-08-05 | 7.08x |
| 2025-08-04 | 7.21x |
| 2025-08-01 | 6.86x |
| 2025-07-31 | 6.85x |
| 2025-07-30 | 7.12x |
| 2025-07-29 | 6.78x |
| 2025-07-28 | 8.27x |
| 2025-07-25 | 8.17x |
| 2025-07-24 | 8.03x |
| 2025-07-23 | 7.95x |
| 2025-07-22 | 7.96x |
| 2025-07-21 | 8.34x |
| 2025-07-18 | 8.20x |
| 2025-07-17 | 8.51x |
| 2025-07-16 | 8.32x |
| 2025-07-15 | 8.38x |
| 2025-07-14 | 8.47x |
Showing the most recent 260 of 2,089 data points. The chart above shows the full history.
