Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers online and offline streaming access to its catalog of music and podcasts, including video, lossless music, and audiobooks i…
| Periodo | 2026-10 | 2026-08 | 2026-04 | 2026-02 |
|---|---|---|---|---|
| Real | — | $2.61 | $3.45 | $4.43 |
| Estimado | $2.81 | $2.75 | $2.94 | $2.78 |
| Sorpresa | — | -5.1% | +17.3% | +59.4% |
| Métrica | SPOT | Mediana Sector | Δ |
|---|---|---|---|
| Gross Margin | 32.0% | 51.4% | -19.4% |
| Operating Margin | 12.8% | -0.4% | +13.1% |
| Net Margin | 12.9% | -1.2% | +14.0% |
| FCF Margin | 16.7% | 6.5% | +10.2% |
| ROE | 26.6% | 1.7% | +24.8% |
| ROA | 14.7% | -1.3% | +16.0% |
| Current Ratio | 1.72 | 1.21 | +0.51 |
| Debt / Equity | 0.00 | 0.39 | -0.39 |
| Tendencia (Piotroski) | FY25 | FY24 |
|---|---|---|
| ✓Rentabilidad sobre activos positiva | 14.7% | — |
| ✓Flujo de caja operativo positivo | €2.9B | €2.3B |
| ✓Rentabilidad sobre activos al alza | 14.7% | 9.5% |
| ✓Caja operativa/activos supera al ROA | 19.5% | ROA 14.7% |
| ✓Menos deuda a largo plazo | 0.0% | 12.8% |
| ✗Mejor liquidez (ratio corriente) | 1.72 | 1.88 |
| ✗Sin aumentar el nº de acciones | 211M | 207M |
| ✓Margen bruto al alza | 32.0% | 30.1% |
| ✗Rotación de activos al alza | 1.14 | 1.31 |
| Calidad del negocio | FY25 |
|---|---|
| ✓Margen FCF > 10 % | 16.7% |
| ✓ROCE > 10 % | 24.6% |
| ✓Ventas > 5 %/año (3 años) | 13.6% |
| ✓Deuda neta/EBITDA < 3x | Caja neta |
| ✓Reinversión (I+D + capex) > 3 % de ventas | 8.5% |
Riesgo de quiebra (Altman Z 10.6): zona segura
Spotify Technology S.A. cotiza a 530.46 USD y tiene una capitalización bursátil de $109.1B. Datos fundamentales de la SEC EDGAR con hasta 20 años de histórico, insiders, institucionales y valoración DCF.Más empresas del sector Comunicaciones