Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates through Premium and Ad-Supported segments. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers on their computers, tablets, and compatible mobile devices. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2021, its platform included 406 million monthly active users and 180 million premium subscribers in 184 countries and territories. The company was incorporated in 2006 and is based in Luxembourg, Luxembourg.
P/S ratio for Spotify Technology S.A. (SPOT)
P/S ratio as of 2023: 2.50
According to Spotify Technology S.A.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.50. At the end of 2022 the company had a P/S ratio of 1.21.
P/S ratio history for Spotify Technology S.A. from 2015 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.50 |
| 2022 | 1.21 |
| 2021 | 4.07 |
| 2020 | 6.13 |
| 2019 | 3.57 |
| 2018 | 3.33 |
| 2017 | 5.41 |
| 2016 | 8.04 |
| 2015 | 11.87 |