Spotify Technology (Spotify Technology) EBIT per Share : $-0.25 (TTM As of Mar. 2024)

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What is Spotify Technology EBIT per Share?

Spotify Technology's EBIT per Share for the three months ended in Mar. 2024 was $1.21. Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.25.

During the past 3 years, the average EBIT per Share Growth Rate was -9.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Spotify Technology's EBIT per Share or its related term are showing as below:

SPOT' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -99.6 Med: 8.9 Max: 43.9
Current: -9.6

During the past 9 years, the highest 3-Year average EBIT per Share Growth Rate of Spotify Technology was 43.90% per year. The lowest was -99.60% per year. And the median was 8.90% per year.

SPOT's 3-Year EBIT Growth Rate is ranked worse than
65.36% of 407 companies
in the Interactive Media industry
Industry Median: 1.9 vs SPOT: -9.60

Spotify Technology's EBIT for the three months ended in Mar. 2024 was $247 Mil.

Spotify Technology EBIT per Share Historical Data

The historical data trend for Spotify Technology's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spotify Technology EBIT per Share Chart

Spotify Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT per Share

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-0.54

-4.25

1.75

-1.69

-2.55

Spotify Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EBIT per Share	Get a 7-Day Free Trial															-0.71	-1.29	0.44	-0.62	1.21

Spotify Technology EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Spotify Technology's EBIT per Share for the fiscal year that ended in Dec. 2023 is calculated as

	EBIT per Share		(A: Dec. 2023 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	-497.274	/	194.732
=	-2.55

Spotify Technology's EBIT per Share for the quarter that ended in Mar. 2024 is calculated as

	EBIT per Share		(Q: Mar. 2024 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	246.739	/	203.773
=	1.21

EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.25

Spotify Technology (NYSE:SPOT) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

Spotify Technology EBIT per Share Related Terms

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Spotify Technology (Spotify Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (NYSE:SPOT) » Definitions » EBIT per Share

Comparable Companies

Traded in Other Exchanges

SPOT:Mexico 1SPOT:Italy 639:Germany 639:Germany S1PO34:Brazil SPOT:Austria

Address

5, Place de la Gare, Luxembourg, LUX, L-1616

Website

https://www.spotify.com

Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with 489 million total listeners. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 87% and 13% of Spotify's 2022 total revenue, respectively.