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Spotify Technology (Spotify Technology) Market Cap : $57,531 Mil (As of Apr. 26, 2024)


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What is Spotify Technology Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Spotify Technology's share price for the quarter that ended in Mar. 2024 was $263.9. Spotify Technology's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 198 Mil. Therefore, Spotify Technology's market cap for the quarter that ended in Mar. 2024 was $52,338 Mil.

Spotify Technology's quarterly market cap increased from Sep. 2023 ($30,176 Mil) to Dec. 2023 ($37,045 Mil) and increased from Dec. 2023 ($37,045 Mil) to Mar. 2024 ($52,338 Mil).

Spotify Technology's annual market cap declined from Dec. 2021 ($44,969 Mil) to Dec. 2022 ($15,260 Mil) but then increased from Dec. 2022 ($15,260 Mil) to Dec. 2023 ($37,045 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Spotify Technology's Enterprise Value for Today is $52,663 Mil.


Spotify Technology Market Cap Historical Data

The historical data trend for Spotify Technology's Market Cap 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 Market Cap Chart

Spotify Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only 27,565.95 59,852.42 44,969.33 15,260.48 37,045.14

Spotify Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25,844.51 31,255.23 30,176.29 37,045.14 52,338.50

Competitive Comparison of Spotify Technology's Market Cap

For the Internet Content & Information subindustry, Spotify Technology's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spotify Technology's Market Cap Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Spotify Technology's Market Cap distribution charts can be found below:

* The bar in red indicates where Spotify Technology's Market Cap falls into.



Spotify Technology Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Spotify Technology's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$187.91*197.143
=$37,045

Spotify Technology's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$263.9*198.327
=$52,338

* 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.


Spotify Technology  (NYSE:SPOT) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Spotify Technology Market Cap Related Terms

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Spotify Technology (Spotify Technology) Business Description

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

Spotify Technology (Spotify Technology) Headlines

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