Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 40.58% is 4783% above its 5-year average of 0.83%, near the high end of its 5-year range (-45.73%–40.58%).
As of the fiscal period ended Tuesday, June 30, 2026. 56.99% above its 12-month average of 25.85%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation.
RETURN ON EQUITY (ROE)
40.58%
RETURN ON EQUITY (ROE) AVG TTM
25.85%
RETURN ON EQUITY (ROE) AVG 3Y
11.30%
RETURN ON EQUITY (ROE) AVG 5Y
0.83%
RETURN ON EQUITY (ROE) AVG 10Y
N/A
RETURN ON EQUITY (ROE) AVG 15Y
N/A
RETURN ON EQUITY (ROE) AVG 20Y
N/A
CURRENT VS TTM AVG
+56.99%
CURRENT VS 3Y AVG
+259.19%
CURRENT VS 5Y AVG
+4782.99%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
13.54%
median of 30 covered companies
CURRENT VS SECTOR MEDIAN
+199.84%
vs the sector median at left
Spotify Technology S.A.
Market Cap
$108.68B
Return on Equity (ROE)
40.58%
TTM Avg
25.85%
3Y Avg
11.30%
5Y Avg
0.83%
Market Cap
$93.44B
Return on Equity (ROE)
12.48%
TTM Avg
19.78%
3Y Avg
16.20%
5Y Avg
15.20%
Market Cap
$87.34B
Return on Equity (ROE)
8.47%
TTM Avg
5.45%
3Y Avg
-4.38%
5Y Avg
-6.23%
Market Cap
$70.50B
Return on Equity (ROE)
-9.64%
TTM Avg
-15.60%
3Y Avg
-13.44%
5Y Avg
-5.57%
Market Cap
$39.67B
Return on Equity (ROE)
163.61%
TTM Avg
350.15%
3Y Avg
-654.94%
5Y Avg
-357.08%
Market Cap
$182.49B
Return on Equity (ROE)
7.82%
TTM Avg
8.12%
3Y Avg
5.48%
5Y Avg
3.46%
Market Cap
$28.76B
Return on Equity (ROE)
26.51%
TTM Avg
-2.32%
3Y Avg
1.65%
5Y Avg
-2.41%
Market Cap
$28.60B
Return on Equity (ROE)
14.49%
TTM Avg
16.71%
3Y Avg
14.84%
5Y Avg
14.89%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $108.68B | 40.58% | 25.85% | 11.30% | 0.83% |
| Comcast Corporation (CMCSA)vs › | $93.44B | 12.48% | 19.78% | 16.20% | 15.20% |
| DoorDash, Inc. (DASH)vs › | $87.34B | 8.47% | 5.45% | -4.38% | -6.23% |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.50B | -9.64% | -15.60% | -13.44% | -5.57% |
| AT&T Inc. (T)vs › | $175.49B | 19.46% | 15.14% | 8.87% | 7.39% |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.67B | 163.61% | 350.15% | -654.94% | -357.08% |
| The Walt Disney Company (DIS)vs › | $182.49B | 7.82% | 8.12% | 5.48% | 3.46% |
| Reddit, Inc. (RDDT)vs › | $28.76B | 26.51% | -2.32% | 1.65% | -2.41% |
| Fox Corporation (FOXA)vs › | $28.60B | 14.49% | 16.71% | 14.84% | 14.89% |
| EchoStar Corporation (SATS)vs › | $25.07B | -39.95% | -126.01% | -62.26% | -29.34% |
ROE
40.6%
ROA
24.8%
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
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 40.58% |
| 2026-03-31 | 34.17% |
| 2025-12-31 | 26.34% |
| 2025-09-30 | 17.22% |
| 2025-06-30 | 10.94% |
| 2025-03-30 | 18.54% |
| 2024-12-31 | 21.33% |
| 2024-09-30 | 14.80% |
| 2024-06-30 | 10.92% |
| 2024-03-31 | -3.50% |
| 2023-12-31 | -20.82% |
| 2023-09-30 | -34.95% |
| 2023-06-30 | -45.73% |
| 2023-03-31 | -32.58% |
| 2022-12-31 | -17.18% |
| 2022-09-30 | -8.80% |
| 2022-06-30 | -1.17% |
| 2022-03-31 | 3.32% |
| 2021-12-31 | -1.60% |
| 2021-09-30 | -6.01% |
| 2021-06-30 | -8.37% |
| 2021-03-31 | -16.94% |
| 2020-12-31 | -19.57% |
| 2020-09-30 | -26.05% |
| 2020-06-30 | -15.58% |
| 2020-03-31 | -2.56% |
| 2019-12-31 | -9.63% |
| 2019-09-30 | 24.79% |
| 2019-06-30 | 13.99% |
| 2019-03-31 | -2.31% |
| 2018-12-31 | -4.70% |
| 2018-09-30 | -72.44% |
| 2018-06-30 | -145.93% |
| 2018-03-31 | -741.14% |
| 2017-12-31 | -492.24% |
