Spotify Technology SA (SPOT)
382.10
+4.37
(+1.16%)
USD |
NYSE |
Nov 05, 11:24
Spotify Technology Profit Margin (Quarterly): 7.20% for June 30, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 7.20% |
| March 31, 2024 | 5.42% |
| December 31, 2023 | -1.91% |
| September 30, 2023 | 1.94% |
| June 30, 2023 | -9.51% |
| March 31, 2023 | -7.40% |
| December 31, 2022 | -8.53% |
| September 30, 2022 | -5.47% |
| June 30, 2022 | -4.36% |
| March 31, 2022 | 4.92% |
| December 31, 2021 | -1.45% |
| September 30, 2021 | 0.08% |
| June 30, 2021 | -0.86% |
| March 31, 2021 | 1.07% |
| December 31, 2020 | -5.77% |
| Date | Value |
|---|---|
| September 30, 2020 | -5.11% |
| June 30, 2020 | -18.85% |
| March 31, 2020 | 0.05% |
| December 31, 2019 | -11.27% |
| September 30, 2019 | 13.92% |
| June 30, 2019 | -4.56% |
| March 31, 2019 | -9.40% |
| December 31, 2018 | 29.57% |
| September 30, 2018 | 3.18% |
| June 30, 2018 | -30.95% |
| March 31, 2018 | -14.84% |
| December 31, 2017 | -51.87% |
| September 30, 2017 | -26.94% |
| June 30, 2017 | -18.67% |
| March 31, 2017 | -19.18% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-18.85%
Minimum
Jun 2020
7.20%
Maximum
Jun 2024
-3.15%
Average
-1.91%
Median
Dec 2023
Profit Margin (Quarterly) Benchmarks
| Meta Platforms Inc | 38.65% |
| Alphabet Inc | 29.80% |
| Snap Inc | -11.16% |
| Pinterest Inc | 1.04% |
| DoorDash Inc | 5.99% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 16.35% |
| Return on Assets | 5.50% |
| Return on Invested Capital | 11.42% |
| Gross Profit Margin (Quarterly) | 29.21% |
| Operating Margin (Quarterly) | 6.99% |
| Return on Net Operating Assets | 18.19% |