Companies: 10,795·Total market cap: $144.5T
Spotify Technology S.A.

Spotify Technology S.A.

SPOTNYSECommunication Services● Active
$496.95
+$3.37(+0.68%)
Market Cap$102.2B
P/E Ratio
52W High$785
52W Low$405

Spotify Technology S.A. (SPOT) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

spot · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Spotify Technology S.A. (SPOT) measures how much investors pay for each dollar of the company's trailing earnings. SPOT's current PE ratio of 32.71x is calculated by dividing its stock price of $496.95 by its TTM earnings per share of $13.16. −46.4% discount vs 5Y avg 61.0x

32.71x
P/E Ratio (TTM)46.4%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
31.33x
FY2027 est. EPS $15.86
Based on 23 analysts
EPS (TTM)
$13.16
TTM · diluted EPS
PEG Ratio
0.25
Below 1.0 · Growth adjusted
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Spotify Technology S.A. SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2015 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 61.0x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

PE Ratio vs Peers

Internet Content & Information · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Spotify Technology S.A.
Spotify Technology S.A.You
SPOT
$102.2B32.71x-59.4%$13.16
Baidu, Inc.
Baidu, Inc.
BIDU
$41.2B77.69x-3.6%$11.76
Comcast Corporation
Comcast Corporation
CMCSA
$84.6B5.09x-93.7%$5.50
DoorDash, Inc.
DoorDash, Inc.
DASH
$67.4B103.44x+28.4%$2.19
Nebius Group N.V.
Nebius Group N.V.
NBIS
$55.0B208.29x+158.5%$0.40
Reddit, Inc.
Reddit, Inc.
RDDT
$32.8B80.88x+0.4%$2.84
AT&T Inc.
AT&T Inc.
T
$157.3B8.14x-89.9%$3.05
Industry Average
6 peers with valid PE
80.59xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 11 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
45.90x$10.77-39.7%
2024-12-31
FY2024
76.17x$5.67
2023-12-31
FY2023
$-2.73
2022-12-31
FY2022
$-2.23
2021-12-31
FY2021
$-0.18
2020-12-31
FY2020
$-3.10
2019-12-31
FY2019
$-1.03
2018-12-31
FY2018
$-0.44
2017-12-31
FY2017
$-6.93
2016-12-31
FY2016
$-3.21

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Spotify Technology S.A. (SPOT) measures how much investors pay for each dollar of the company's trailing earnings. SPOT's current PE ratio of 32.71x is calculated by dividing its stock price of $496.95 by its TTM earnings per share of $13.16.

PE Ratio = Stock Price ÷ EPS (TTM)
= $496.95 ÷ $13.16 = 32.71x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

SPOT pe ratio · 6 questions

SPOT's current PE ratio is 32.71x as of 2026-06-08, based on a stock price of $496.95 and TTM EPS of $13.16. Data sourced from Financial Modeling Prep via SPOT's SEC 10-K and 10-Q filings.

SPOT PE ratioWhat is SPOT PE ratioCurrent PE ratio of SPOTSPOT PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Spotify Technology S.A. SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08