Shopify Inc. (FRA:307)

Shopify Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 28, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	167,171	132,704	90,639	41,315	152,119	113,516
Market Cap Growth	18.88%	46.41%	119.39%	-72.84%	34.01%	176.41%
Enterprise Value	162,087	129,078	87,205	37,907	146,476	109,250
Last Close Price	133.60	101.88	71.50	32.30	123.75	96.02
PE Ratio	110.13	68.05	758.99	-	59.36	434.60
PS Ratio	18.34	15.47	14.19	7.89	37.51	47.40
PB Ratio	15.68	11.89	11.05	5.36	15.54	21.69
P/TBV Ratio	16.36	12.40	11.64	7.34	16.26	23.33
P/FCF Ratio	103.07	86.03	110.70	-	356.76	362.34
P/OCF Ratio	102.00	85.02	106.13	-	322.94	326.76
EV/Sales Ratio	17.62	15.05	13.65	7.23	36.12	45.62
EV/EBITDA Ratio	112.71	104.16	292.09	-	372.82	569.51
EV/EBIT Ratio	117.47	107.17	370.74	-	437.79	769.70
EV/FCF Ratio	99.93	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	0.91%	1.47%	0.13%	-7.84%	1.69%	0.23%
FCF Yield	0.97%	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.