Liberty Media Series A (FWONA) vs Spotify Technology S.A. (SPOT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Liberty Media Series A (FWONA) has outperformed Spotify Technology S.A. (SPOT) over the past year, losing 9.9% versus a loss of 22.0%. Over five years, SPOT leads with a +112.8% price change compared with +82.9% for FWONA. Spotify Technology S.A. is the larger company by market cap ($108.22 billion vs $21.95 billion), about 4.9 times the size.
On valuation, Spotify Technology S.A. trades at a lower forward P/E (30.6x vs 36.2x for Liberty Media Series A).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FWONA | SPOT |
|---|---|---|
| Share price | $87.57 | $526.42 |
| Market cap | $21.95B | $108.22B |
| 1-day change | -0.74% | +2.63% |
| YTD return | -1.30% | -9.35% |
| 1-year return | -9.94% | -21.98% |
| 5-year return | +82.93% | +112.78% |
| P/E ratio (TTM) | 106.79 | 30.25 |
| Forward P/E | 36.22 | 30.56 |
| EPS (TTM) | $0.82 | $17.40 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $4.48B | — |
| Revenue growth (YoY) | +22.69% | — |
| Net income (latest FY) | $555.00M | — |
| Operating margin | 12.87% | — |
| Net margin | 12.38% | — |
| 52-week high | $98.79 | $700.12 |
| 52-week low | $73.70 | $405.00 |
| Distance from 52-week high | -11.36% | -24.81% |
| Analyst consensus | none | buy |
| Avg. price target upside | +26.76% | +12.94% |
| Average volume | 167.09K | 1.67M |
| Shares outstanding | 23.99M | 205.58M |
| Employees | — | 7,000 |
| Sector | Industrials | Consumer Discretionary |
| Industry | Broadcasting | Broadcasting |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Spotify Technology S.A. is about 4.9 times larger than Liberty Media Series A by market value ($108.22B vs $21.95B).
- FWONA has outperformed SPOT by 12.0 percentage points over the past year.
- Liberty Media Series A trades at a higher earnings multiple (106.8x vs 30.3x trailing P/E).
- The two companies sit in different sectors: Liberty Media Series A in Industrials and Spotify Technology S.A. in Consumer Discretionary.
About Liberty Media Series A
FWONA stock →Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States, the United Kingdom, Spain, and internationally. The company holds commercial rights for the Fédération Internationale de l'Automobile (FIA) Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship.
Industrials · Broadcasting
About Spotify Technology S.A.
SPOT stock →Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates in two segments, Premium and Ad-Supported.
Consumer Discretionary · Broadcasting · 7,000 employees
FWONA vs SPOT FAQ
Which is bigger, Liberty Media Series A or Spotify Technology S.A.?
Spotify Technology S.A. (SPOT) is larger, with a market capitalization of $108.22B compared with $21.95B for Liberty Media Series A (FWONA).
Which stock has performed better over the past year, FWONA or SPOT?
FWONA returned -9.94% over the past 12 months, compared with -21.98% for SPOT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FWONA or SPOT?
SPOT has the lower trailing P/E at 30.3, versus 106.8 for FWONA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Liberty Media Series A and Spotify Technology S.A. in the same industry?
Yes. Both are classified in the Broadcasting industry within the Industrials sector.