Last Price$604.70.8%
Market Cap$125.1B
LTM Return on Invested Capital (ROIC)
73.0%
5Y avg
(7.0%)
Internet Content & Information industry
median
(5.7%)
Stock quality & Intrinsic value
8/10
(0.7%) overvalued
Spotify Technology S.A. Return on Invested Capital (ROIC)
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Invested Capital (ROIC) | (86.0%) | (115.5%) | (127.3%) | 14.0% | 17.2% | (12.2%) | 3.4% | (36.1%) | (25.0%) | 72.1% |
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Spotify Technology S.A. (SPOT) Return on Invested Capital (ROIC) comparison analysis
General
LTM Return on Invested Capital (ROIC)
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Spotify Technology S.A.SPOT
73.0%
18.4%
N/A
7.3%
Median Peer Set
16.8%
15.7%
0.0%
9.4%
Pinterest, Inc.PINS
198.4%
19.3%
N/A
51.1%
Meta Platforms, Inc.META
38.1%
21.9%
62.0%
37.9%
Alphabet Inc.GOOG
36.4%
13.9%
37.7%
28.6%
Baidu, Inc.BIDU
36.2%
(2.7%)
(15.8%)
17.8%
Tencent Music Entertainment GroupTME
34.6%
(7.1%)
155.8%
17.7%
Twilio Inc.TWLO
(1.0%)
7.3%
(88.1%)
(2.5%)
DoorDash, Inc.DASH
(1.6%)
24.2%
N/A
1.1%
Zillow Group, Inc. Class CZ
(5.7%)
15.0%
(29.4%)
(5.0%)
Snap Inc.SNAP
(20.9%)
16.4%
(48.8%)
(13.0%)
Reddit, Inc.RDDT
(149.8%)
61.7%
332.5%
(37.2%)
SPOT key stats
USD
EUR
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|
% growth | 2,154.2 0.0% | 3,266.5 51.6% | 4,618.7 41.4% | 6,209.6 34.4% | 7,571.8 21.9% | 8,996.4 18.8% | 11,434.9 27.1% | 12,358.0 8.1% | 14,325.0 15.9% | 16,955.2 18.4% |
| Cost of Goods Sold (COGS) | 1,903.2 | 2,822.8 | 3,659.9 | 4,612.0 | 5,644.1 | 6,696.0 | 8,370.4 | 9,274.5 | 10,651.5 | 11,844.7 |
% margin | 250.9 11.6% | 443.7 13.6% | 958.7 20.8% | 1,597.6 25.7% | 1,927.6 25.5% | 2,300.5 25.6% | 3,064.5 26.8% | 3,083.4 25.0% | 3,673.4 25.6% | 5,110.5 30.1% |
| Operating Expenses | 511.9 | 829.9 | 1,385.6 | 1,648.3 | 2,009.4 | 2,635.0 | 2,953.4 | 3,777.9 | 4,155.7 | 3,633.8 |
| Research & Development Expenses (R&D) | 151.0 | 229.1 | 447.2 | 582.1 | 688.4 | 955.6 | 1,078.7 | 1,461.6 | 1,865.4 | 1,607.6 |
| Selling, General & Administrative Expenses (SG&A) | 360.9 | 600.9 | 938.4 | 1,066.2 | 1,320.9 | 1,679.4 | 1,874.7 | 2,316.3 | 2,290.4 | 2,026.2 |
% margin | (260.9) (12.1%) | (386.2) (11.8%) | (426.9) (9.2%) | (50.8) (0.8%) | 226.1 3.0% | (334.5) (3.7%) | 402.1 3.5% | (694.5) (5.6%) | (482.3) (3.4%) | 1,476.7 8.7% |
| Interest Income | 2.2 | 5.5 | 21.5 | 537.2 | 307.8 | 107.3 | 291.0 | 49.5 | 141.7 | 241.2 |
| Interest Expense | 1.1 | 5.5 | 4.5 | 689.6 | 372.8 | 582.3 | 107.6 | 61.1 | 41.1 | 38.9 |
| Pre-tax Income | (249.8) | (592.0) | (1,392.4) | (204.3) | (146.6) | (809.5) | 294.5 | (389.9) | (546.1) | 1,450.7 |
% effective tax rate | 5.6 (2.2%) | 4.4 (0.7%) | 2.3 (0.2%) | (112.2) 54.9% | 61.6 (42.0%) | (146.1) 18.1% | 334.7 113.7% | 63.2 (16.2%) | 29.2 (5.3%) | 219.6 15.1% |
% margin | (255.4) (11.9%) | (596.4) (18.3%) | (1,394.6) (30.2%) | (92.1) (1.5%) | (208.2) (2.7%) | (663.3) (7.4%) | (40.2) (0.4%) | (453.1) (3.7%) | (575.3) (4.0%) | 1,231.1 7.3% |
| EPS | (1.52) | (3.55) | (7.83) | (0.52) | (1.15) | (3.54) | (0.21) | (2.35) | (2.95) | 5.95 |
| Diluted EPS | (1.52) | (3.55) | (7.83) | (0.51) | (1.15) | (3.54) | (0.21) | (2.32) | (2.95) | 5.94 |
% margin | (225.4) (10.5%) | (544.4) (16.7%) | (932.8) (20.2%) | (50.8) (0.8%) | (1.1) (0.0%) | (334.5) (3.7%) | 552.3 4.8% | (299.3) (2.4%) | (322.2) (2.2%) | 1,620.5 9.6% |
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FAQ
1) What is Spotify Technology S.A.'s Return on Invested Capital (ROIC)?
As of today, Microsoft Corp's last 12-month Return on Invested Capital (ROIC) is 73.0%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Return on Invested Capital (ROIC) for Spotify Technology S.A. have been (4.6%) over the past three years, and (7.4%) over the past five years.
2) Is Spotify Technology S.A.'s Return on Invested Capital (ROIC) Good?
As of today, Spotify Technology S.A.'s Return on Invested Capital (ROIC) is 73.0%, which is higher than industry median of (5.7%). It indicates that Spotify Technology S.A.'s Return on Invested Capital (ROIC) is Good.