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	Oct 27, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	175,099	109,742	78,655	36,646	127,764	101,705
Market Cap Growth	112.96%	39.52%	114.64%	-71.32%	25.62%	192.28%
Enterprise Value	170,949	106,744	75,675	33,623	123,024	97,883
Last Close Price	135.07	84.85	61.11	28.46	103.03	84.51
PE Ratio	102.30	68.05	758.99	-	59.36	434.60
PS Ratio	23.96	15.47	14.19	7.89	37.51	47.40
PB Ratio	19.79	11.89	11.05	5.36	15.54	21.69
P/TBV Ratio	20.69	12.40	11.64	7.34	16.26	23.33
P/FCF Ratio	132.03	86.03	110.70	-	356.76	362.34
P/OCF Ratio	130.88	85.02	106.13	-	322.94	326.76
EV/Sales Ratio	22.68	15.05	13.65	7.23	36.12	45.62
EV/EBITDA Ratio	150.03	104.16	292.09	-	372.82	569.51
EV/EBIT Ratio	157.25	107.17	370.74	-	437.79	769.70
EV/FCF Ratio	128.90	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	0.71	0.85	3.04	-	2.43	3.38
Debt / FCF Ratio	0.63	0.71	1.27	-	2.42	2.38
Asset Turnover	0.77	0.70	0.64	0.47	0.44	0.52
Inventory Turnover	-	195.91	-	-	-	-
Quick Ratio	2.98	3.01	5.94	6.27	11.37	15.00
Current Ratio	3.85	3.71	6.99	7.07	12.15	15.69
Return on Equity (ROE)	22.02%	19.58%	1.53%	-35.72%	33.25%	6.79%
Return on Assets (ROA)	7.43%	6.18%	1.47%	-2.47%	2.25%	1.93%
Return on Capital (ROIC)	8.17%	6.81%	1.64%	-2.71%	2.42%	2.07%
Return on Capital Employed (ROCE)	12.30%	10.40%	2.50%	-	3.00%	2.40%
Earnings Yield	0.98%	1.47%	0.13%	-7.84%	1.69%	0.23%
FCF Yield	0.76%	1.16%	0.90%	-0.42%	0.28%	0.28%
Buyback Yield / Dilution	-0.88%	-0.46%	-2.31%	0.58%	-3.16%	-9.23%

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