Spotify
SPOT
#235
Rank
C$111.90 B
Marketcap
$557.27
Share price
0.21%
Change (1 day)
137.70%
Change (1 year)

Operating Margin for Spotify (SPOT)

Operating Margin as of November 2024 (TTM): 2.62%

According to Spotify's latest financial reports and stock price the company's current Operating Margin is 2.62%. At the end of 2023 the company had an Operating Margin of -3.81%.

Operating Margin history for Spotify from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-3.81%20.83%
2022-3.16%-222.5%
20212.58%-128.62%
2020-9.00%364.57%
2019-1.94%-41.13%
2018-3.29%-89.09%
2017-30.15%66.34%
2016-18.12%56.26%
2015-11.60%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
13.33% 408.78%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.