Shopify Inc. (BVMF:S2HO34)

Shopify Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 3, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	1,104,629	849,737	486,138	233,426	963,908	721,115
Market Cap Growth	35.95%	74.79%	108.26%	-75.78%	33.67%	289.27%
Enterprise Value	1,073,287	826,519	467,719	214,169	928,146	694,016
Last Close Price	7.21	5.51	3.18	1.54	6.57	-
PE Ratio	116.38	68.05	758.99	-	59.36	434.60
PS Ratio	19.38	15.47	14.19	7.89	37.51	47.40
PB Ratio	16.57	11.89	11.05	5.36	15.54	21.69
P/TBV Ratio	17.29	12.40	11.64	7.34	16.26	23.33
P/FCF Ratio	108.92	86.03	110.70	-	356.76	362.34
P/OCF Ratio	107.79	85.02	106.13	-	322.94	326.76
EV/Sales Ratio	18.92	15.05	13.65	7.23	36.12	45.62
EV/EBITDA Ratio	121.06	104.16	292.09	-	372.82	569.51
EV/EBIT Ratio	126.18	107.17	370.74	-	437.79	769.70
EV/FCF Ratio	105.83	83.68	106.51	-	343.52	348.72
Debt / Equity Ratio	0.09	0.10	0.13	0.17	0.11	0.14
Debt / EBITDA Ratio	0.63	0.85	3.04	-	2.43	3.38
Debt / FCF Ratio	0.59	0.71	1.27	-	2.42	2.38
Asset Turnover	0.78	0.70	0.64	0.47	0.44	0.52
Inventory Turnover	-	195.91	-	-	-	-
Quick Ratio	3.06	3.01	5.94	6.27	11.37	15.00
Current Ratio	3.93	3.71	6.99	7.07	12.15	15.69
Return on Equity (ROE)	15.74%	19.58%	1.53%	-35.72%	33.25%	6.79%
Return on Assets (ROA)	7.74%	6.18%	1.47%	-2.47%	2.25%	1.93%
Return on Capital (ROIC)	8.51%	6.81%	1.64%	-2.71%	2.42%	2.07%
Return on Capital Employed (ROCE)	13.20%	10.40%	2.50%	-4.80%	3.00%	2.40%
Earnings Yield	0.86%	1.47%	0.13%	-7.84%	1.69%	0.23%
FCF Yield	0.92%	1.16%	0.90%	-0.42%	0.28%	0.28%
Buyback Yield / Dilution	0.15%	-0.46%	-2.31%	0.58%	-3.16%	-9.23%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.