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Spotify Technology S.A. (SPOT)
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Spotify Technology S.A. (SPOT) EV/EBIT Ratio: 33.92x

Is Spotify Technology S.A.’s EV/EBIT ratio high or low?

Spotify Technology S.A.'s EV/EBIT ratio of 33.92x is 88% below its 5-year average of 281.35x, near the low end of its 5-year range (29.14x–1738.49x).

As of Sunday, June 14, 2026. 38.50% below its 12-month average of 55.15x.

SPOT EV/EBIT Ratio Chart

SPOT EV/EBIT Ratio
33.92x-56.95% 1Y
Zoom

SPOT Average EV/EBIT Ratio Chart

SPOT Current vs Average EV/EBIT Ratio Chart

SPOT EV/EBIT Ratio Metrics

EV/EBIT RATIO

33.92x

EV/EBIT RATIO AVG TTM

55.15x

EV/EBIT RATIO AVG 3Y

84.91x

EV/EBIT RATIO AVG 5Y

281.35x

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

-38.50%

CURRENT VS 3Y AVG

-60.05%

CURRENT VS 5Y AVG

-87.94%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

SPOT Competitors' EV/EBIT Ratio

NAMEMARKET CAPEV/EBIT RATIOTTM3Y5Y
Spotify Technology S.A. (SPOT)$99.11B33.92x55.15x84.91x281.35x
Comcast Corporation (CMCSA)vs ›$87.52B9.08x9.40x11.50x13.39x
Electronic Arts Inc. (EA)vs ›$50.97B43.13x39.58x30.74x31.32x
AT&T Inc. (T)vs ›$163.84B12.98x13.96x12.48x12.54x
Reddit, Inc. (RDDT)vs ›$31.21B50.69x246.60x284.04x284.04x
The Walt Disney Company (DIS)vs ›$173.72B14.52x17.02x20.50x43.12x
Roku, Inc. (ROKU)vs ›$21.22B197.80x172.16x172.16x167.90x
Charter Communications, Inc. (CHTR)vs ›$20.59B8.72x9.59x11.02x13.44x
Pinterest, Inc. (PINS)vs ›$13.43B42.50x73.34x147.44x133.04x
The Trade Desk, Inc. (TTD)vs ›$9.06B14.53x41.12x143.04x200.02x

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 33.92x.
Is Spotify Technology S.A.'s EV/EBIT ratio high or low?
Spotify Technology S.A.'s EV/EBIT ratio of 33.92x is 88% below its 5-year average of 281.35x, 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 55.15x.
What is the 3Y average EV/EBIT ratio for Spotify Technology S.A. (SPOT)?
The 3Y average EV/EBIT ratio for SPOT stock is 84.91x.
What is the 5Y average EV/EBIT ratio for Spotify Technology S.A. (SPOT)?
The 5Y average EV/EBIT ratio for SPOT stock is 281.35x.

Spotify Technology S.A. EV/EBIT Ratio History

DATEEV/EBIT RATIO
2026-06-1233.92x
2026-06-1134.22x
2026-06-1035.49x
2026-06-0934.98x
2026-06-0835.49x
2026-06-0535.03x
2026-06-0434.78x
2026-06-0334.33x
2026-06-0235.37x
2026-06-0135.84x
2026-05-2935.09x
2026-05-2836.50x
2026-05-2736.22x
2026-05-2637.47x
2026-05-2236.74x
2026-05-2134.51x
2026-05-2030.30x
2026-05-1930.91x
2026-05-1831.17x
2026-05-1530.57x
2026-05-1430.24x
2026-05-1330.12x
2026-05-1230.25x
2026-05-1129.27x
2026-05-0829.14x
2026-05-0729.86x
2026-05-0629.70x
2026-05-0529.27x
2026-05-0430.66x
2026-05-0130.91x
2026-04-3031.28x
2026-04-2931.06x
2026-04-2830.36x
2026-04-2740.19x
2026-04-2442.05x
2026-04-2341.88x
2026-04-2242.46x
2026-04-2142.42x
2026-04-2043.62x
2026-04-1743.61x
2026-04-1643.18x
2026-04-1543.15x
2026-04-1441.49x
2026-04-1340.88x
2026-04-1038.53x
2026-04-0939.42x
2026-04-0839.13x
2026-04-0739.13x
2026-04-0639.24x
2026-04-0239.62x
2026-04-0138.03x
2026-03-3139.28x
2026-03-3038.45x
2026-03-2738.23x
2026-03-2638.71x
2026-03-2538.30x
2026-03-2439.27x
2026-03-2339.90x
2026-03-2038.41x
2026-03-1939.08x
2026-03-1841.94x
2026-03-1742.66x
2026-03-1642.55x
2026-03-1341.89x
2026-03-1241.34x
2026-03-1141.74x
2026-03-1043.08x
2026-03-0944.30x
2026-03-0646.00x
2026-03-0544.91x
2026-03-0443.40x
2026-03-0342.21x
2026-03-0241.15x
2026-02-2741.79x
2026-02-2640.18x
2026-02-2537.46x
2026-02-2437.66x
2026-02-2337.84x
2026-02-2039.75x
2026-02-1939.31x
2026-02-1838.66x
2026-02-1737.43x
2026-02-1337.05x
2026-02-1236.00x
2026-02-1139.47x
2026-02-1038.53x
2026-02-0938.49x
2026-02-0639.24x
2026-02-0538.29x
2026-02-0440.98x
2026-02-0344.22x
2026-02-0247.57x
2026-01-3046.78x
2026-01-2947.12x
2026-01-2847.59x
2026-01-2747.88x
2026-01-2647.96x
2026-01-2348.02x
2026-01-2246.61x
2026-01-2146.95x
2026-01-2047.84x
2026-01-1647.18x
2026-01-1547.52x
2026-01-1449.54x
2026-01-1350.10x
2026-01-1249.65x
2026-01-0950.56x
2026-01-0851.94x
2026-01-0753.49x
2026-01-0653.66x
2026-01-0555.79x
2026-01-0254.01x
2025-12-3154.56x
2025-12-3054.17x
2025-12-2954.61x
2025-12-2654.92x
2025-12-2455.13x
2025-12-2354.44x
2025-12-2254.38x
2025-12-1954.70x
2025-12-1852.93x
2025-12-1753.16x
2025-12-1654.40x
2025-12-1554.22x
2025-12-1256.22x
2025-12-1156.32x
2025-12-1057.34x
2025-12-0955.43x
2025-12-0853.75x
2025-12-0553.03x
2025-12-0452.65x
2025-12-0352.28x
2025-12-0254.18x
2025-12-0154.39x
2025-11-2856.32x
2025-11-2655.72x
2025-11-2555.02x
2025-11-2454.98x
2025-11-2154.84x
2025-11-2055.39x
2025-11-1958.23x
2025-11-1859.96x
2025-11-1760.37x
2025-11-1459.90x
2025-11-1360.82x
2025-11-1261.07x
2025-11-1160.27x
2025-11-1058.65x
2025-11-0758.07x
2025-11-0658.20x
2025-11-0558.37x
2025-11-0459.30x
2025-11-0363.60x
2025-10-3164.73x
2025-10-3064.87x
2025-10-2965.78x
2025-10-2864.54x
2025-10-2764.98x
2025-10-2463.77x
2025-10-2366.61x
2025-10-2266.79x
2025-10-2168.16x
2025-10-2066.78x
2025-10-1766.37x
2025-10-1665.66x
2025-10-1566.35x
2025-10-1467.59x
2025-10-1368.45x
2025-10-1067.77x
2025-10-0966.59x
2025-10-0866.70x
2025-10-0767.28x
2025-10-0667.26x
2025-10-0367.28x
2025-10-0270.00x
2025-10-0169.33x
2025-09-3069.05x
2025-09-2972.14x
2025-09-2670.93x
2025-09-2570.53x
2025-09-2470.13x
2025-09-2371.17x
2025-09-2273.16x
2025-09-1972.79x
2025-09-1872.71x
2025-09-1769.99x
2025-09-1669.67x
2025-09-1569.57x
2025-09-1268.89x
2025-09-1168.28x
2025-09-1069.67x
2025-09-0971.20x
2025-09-0871.11x
2025-09-0569.99x
2025-09-0469.65x
2025-09-0368.99x
2025-09-0268.21x
2025-08-2967.42x
2025-08-2868.02x
2025-08-2768.55x
2025-08-2668.90x
2025-08-2568.73x
2025-08-2268.55x
2025-08-2168.19x
2025-08-2069.64x
2025-08-1971.22x
2025-08-1872.10x
2025-08-1572.58x
2025-08-1469.11x
2025-08-1368.75x
2025-08-1268.18x
2025-08-1168.17x
2025-08-0869.85x
2025-08-0767.91x
2025-08-0665.90x
2025-08-0563.89x
2025-08-0465.06x
2025-08-0161.88x
2025-07-3161.82x
2025-07-3064.24x
2025-07-2961.16x
2025-07-2878.59x
2025-07-2577.68x
2025-07-2476.34x
2025-07-2375.55x
2025-07-2275.69x
2025-07-2179.26x
2025-07-1877.96x
2025-07-1780.87x
2025-07-1679.11x
2025-07-1579.67x
2025-07-1480.48x
2025-07-1179.52x
2025-07-1079.61x
2025-07-0981.01x
2025-07-0880.92x
2025-07-0782.63x
2025-07-0381.34x
2025-07-0279.56x
2025-07-0181.03x
2025-06-3086.19x
2025-06-2786.79x
2025-06-2687.17x
2025-06-2582.63x
2025-06-2484.19x
2025-06-2382.04x
2025-06-2079.32x
2025-06-1879.64x
2025-06-1780.91x
2025-06-1680.26x
2025-06-1379.72x
2025-06-1278.80x
2025-06-1179.52x
2025-06-1077.71x
2025-06-0978.37x
2025-06-0679.88x
2025-06-0579.94x
2025-06-0478.60x
2025-06-0375.16x
2025-06-0275.27x

Showing the most recent 260 of 793 data points. The chart above shows the full history.

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