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Spotify Technology S.A. (SPOT) Return on Equity (ROE): 34.17%

Is Spotify Technology S.A.’s return on equity (ROE) high or low?

Spotify Technology S.A.'s return on equity (ROE) of 34.17% is 1540% above its 5-year average of -2.37%, near the high end of its 5-year range (-21.01%–26.57%).

The return on equity (ROE) for Spotify Technology S.A. (SPOT) is 34.17% as of Wednesday, June 10, 2026. It is above its 12-month average by 44.88% (23.59%).

SPOT Return on Equity (ROE) Chart

SPOT Return on Equity (ROE)
26.57%+28.98% 1Y
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SPOT Average Return on Equity (ROE) Chart

SPOT Current vs Average Return on Equity (ROE) Chart

SPOT Return on Equity (ROE) Metrics

RETURN ON EQUITY (ROE)

34.17%

RETURN ON EQUITY (ROE) AVG TTM

23.59%

RETURN ON EQUITY (ROE) AVG 3Y

2.03%

RETURN ON EQUITY (ROE) AVG 5Y

-2.37%

RETURN ON EQUITY (ROE) AVG 10Y

-37.30%

RETURN ON EQUITY (ROE) AVG 15Y

-37.30%

RETURN ON EQUITY (ROE) AVG 20Y

-37.30%

CURRENT VS TTM AVG

+44.88%

CURRENT VS 3Y AVG

+1587.41%

CURRENT VS 5Y AVG

+1539.75%

CURRENT VS 10Y AVG

+191.61%

CURRENT VS 15Y AVG

+191.61%

CURRENT VS 20Y AVG

+191.61%

SPOT Competitors' Return on Equity (ROE)

NAMEMARKET CAPRETURN ON EQUITY (ROE)TTM3Y5Y
Spotify Technology S.A. (SPOT)34.17%23.59%2.03%-2.37%
Comcast Corporation (CMCSA)$85.63B21.29%19.78%16.20%15.20%
Electronic Arts Inc. (EA)$50.95B13.11%15.33%14.65%13.27%
AT&T Inc. (T)$161.17B19.48%15.14%8.87%7.39%
The Walt Disney Company (DIS)$171.20B10.32%8.12%5.48%3.46%
Reddit, Inc. (RDDT)$33.69B22.25%-2.32%1.65%-2.41%
Charter Communications, Inc. (CHTR)$19.45B30.11%31.84%40.05%34.48%
Roku, Inc. (ROKU)$17.27B7.54%-0.94%-12.80%-7.29%
Pinterest, Inc. (PINS)$14.47B11.73%23.98%10.97%8.10%
Verizon Communications Inc. (VZ)$195.94B16.78%17.04%17.49%20.53%

Return Analysis

ROE

34.2%

ROA

20.9%

Spotify Technology S.A. Return on Equity (ROE) Formula & Definition

ROE = Net Income / Total Shareholders' Equity

Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Spotify Technology S.A. Return on Equity (ROE) FAQ

What is the return on equity (ROE) for Spotify Technology S.A. (SPOT)?
The return on equity (ROE) for SPOT stock is 34.17%.
Is Spotify Technology S.A.'s return on equity (ROE) high or low?
Spotify Technology S.A.'s return on equity (ROE) of 34.17% is 1540% above its 5-year average of -2.37%, near the high end of its 5-year range (-21.01%–26.57%).
What is the TTM average return on equity (ROE) for Spotify Technology S.A. (SPOT)?
The TTM average return on equity (ROE) for SPOT stock is 23.59%.
What is the 3Y average return on equity (ROE) for Spotify Technology S.A. (SPOT)?
The 3Y average return on equity (ROE) for SPOT stock is 2.03%.
What is the 5Y average return on equity (ROE) for Spotify Technology S.A. (SPOT)?
The 5Y average return on equity (ROE) for SPOT stock is -2.37%.
What is the 10Y average return on equity (ROE) for Spotify Technology S.A. (SPOT)?
The 10Y average return on equity (ROE) for SPOT stock is -37.30%.
What is the 15Y average return on equity (ROE) for Spotify Technology S.A. (SPOT)?
The 15Y average return on equity (ROE) for SPOT stock is -37.30%.
What is the 20Y average return on equity (ROE) for Spotify Technology S.A. (SPOT)?
The 20Y average return on equity (ROE) for SPOT stock is -37.30%.

Spotify Technology S.A. Return on Equity (ROE) History

DATERETURN ON EQUITY (ROE)
2025-12-3126.57%
2024-12-3120.60%
2023-12-31-21.01%
2022-12-31-18.06%
2021-12-31-1.60%
2020-12-31-20.74%
2019-12-31-9.24%
2018-12-31-3.72%
2017-12-31-505.79%
2016-12-31223.45%
2015-12-31-100.74%

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.

Luxembourg City
7,258 employees
Communication Services / Internet Content & Information
Sector
Communication Services
Industry
Internet Content & Information
CEO
Alex Norström