Black hole spectroscopy: from theory to experiment

The"ringdown"radiation emitted by oscillating black holes has great scientific potential. By carefully predicting the frequencies and amplitudes of black hole quasinormal modes and comparing them with gravitational-wave data from compact binary mergers we can advance our understanding of the two-body problem in general relativity, verify the predictions of the theory in the regime of strong and dynamical gravitational fields, and search for physics beyond the Standard Model or new gravitational degrees of freedom. We summarize the state of the art in our understanding of black hole quasinormal modes in general relativity and modified gravity, their excitation, and the modeling of ringdown waveforms. We also review the status of LIGO-Virgo-KAGRA ringdown observations, data analysis techniques, and the bright prospects of the field in the era of LISA and next-generation ground-based gravitational-wave detectors.