Shopify Inc. (LON:0VHA)

Shopify Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan 22, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	134,251	109,742	78,655	36,646	127,764	101,705
Market Cap Growth	18.06%	39.52%	114.64%	-71.32%	25.62%	192.28%
Enterprise Value	129,852	106,744	75,675	33,623	123,024	97,883
Last Close Price	102.75	84.85	61.11	28.46	103.03	84.51
PE Ratio	101.32	68.05	758.99	-	59.36	434.60
PS Ratio	16.87	15.47	14.19	7.89	37.51	47.40
PB Ratio	14.42	11.89	11.05	5.36	15.54	21.69
P/TBV Ratio	15.05	12.40	11.64	7.34	16.26	23.33
P/FCF Ratio	94.83	86.03	110.70	-	356.76	362.34
P/OCF Ratio	93.84	85.02	106.13	-	322.94	326.76
EV/Sales Ratio	16.31	15.05	13.65	7.23	36.12	45.62
EV/EBITDA Ratio	104.35	104.16	292.09	-	372.82	569.51
EV/EBIT Ratio	108.76	107.17	370.74	-	437.79	769.70
EV/FCF Ratio	91.72	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 Invested Capital (ROIC)	20.11%	18.30%	3.82%	-10.50%	13.00%	21.49%
Return on Capital Employed (ROCE)	13.20%	10.40%	2.50%	-4.80%	3.00%	2.40%
Earnings Yield	0.99%	1.47%	0.13%	-7.84%	1.69%	0.23%
FCF Yield	1.05%	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%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.