Spotify Technology SA (SPOT) — Capital Reinvestment Ratio
Spotify Technology SA (SPOT) has a Capital Reinvestment Ratio of 0.02x as of June 2026, meaning it reinvests 0% of its operating cash flow ($816.00 Million) in capital expenditures ($20.00 Million). Check Spotify Technology SA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Spotify Technology SA Capital Reinvestment Ratio (2016–2025)
This chart tracks Spotify Technology SA's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see Spotify Technology SA (SPOT) cash conversion ratio.
Annual Capital Reinvestment Ratio for Spotify Technology SA (2016–2025)
Year-by-year Capital Reinvestment Ratio for Spotify Technology SA from 2016 to 2025. See Spotify Technology SA free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.02x | $2.93 Billion | $61.00 Million | ▲ +181.5% |
| 2024 | 0.01x | $2.30 Billion | $17.00 Million | ▼ -16.3% |
| 2023 | 0.01x | $680.00 Million | $6.00 Million | ▼ -98.4% |
| 2022 | 0.54x | $46.00 Million | $25.00 Million | ▲ +130.8% |
| 2021 | 0.24x | $361.00 Million | $85.00 Million | ▼ -21.8% |
| 2020 | 0.30x | $259.00 Million | $78.00 Million | ▲ +27.8% |
| 2019 | 0.24x | $573.00 Million | $135.00 Million | ▼ -35.2% |
| 2018 | 0.36x | $344.00 Million | $125.00 Million | ▲ +41.4% |
| 2017 | 0.26x | $179.00 Million | $46.00 Million | ▼ -3.9% |
| 2016 | 0.27x | $101.00 Million | $27.00 Million | — |