Spotify Technology (SPOT) Return on Capital Employed (2018 - 2025)

Spotify Technology (SPOT) has 8 years of Return on Capital Employed data on file, last reported at 40.09% in Q4 2025.

• Quarterly Return on Capital Employed rose 7.0% year-over-year to 40.09% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 40.09% (up 7.0% YoY) and the FY2025 annual result came in at 31.7%, up 798.0% from the prior year.
• Return on Capital Employed steadied at 40.09% in Q4 2025 per SPOT's latest filing, from 40.02% in the prior quarter.
• The five-year high for Return on Capital Employed was 40.09% in Q4 2025, with the low at 16.35% in Q4 2022.
• Average Return on Capital Employed over 5 years is 7.79%, with a median of 1.94% recorded in 2022.
• Year-over-year, Return on Capital Employed slumped 1881 bps in 2022 and jumped 3128 bps in 2024.
• Spotify Technology's Return on Capital Employed stood at 2.47% in 2021, then sank by 763 bps to 16.35% in 2022, then soared by 153 bps to 8.74% in 2023, then jumped by 358 bps to 40.02% in 2024, then increased by 0 bps to 40.09% in 2025.
• Business Quant data shows SPOT's Return on Capital Employed at 40.09% in Q4 2025, 40.02% in Q4 2024, and 8.74% in Q4 2023.