Shopify Inc. (TSX:SHOP)

Shopify Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb 5, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	203,001	197,681	132,310	59,759	218,931	176,932
Market Cap Growth	5.52%	49.41%	121.41%	-72.70%	23.74%	195.99%
Enterprise Value	194,919	192,279	127,297	54,829	210,808	170,283
Last Close Price	156.72	152.99	103.16	47.01	174.17	143.73
PE Ratio	81.83	68.05	758.99	-	59.36	434.60
PS Ratio	13.63	15.47	14.19	7.89	37.51	47.40
PB Ratio	11.65	11.89	11.05	5.36	15.54	21.69
P/TBV Ratio	12.16	12.40	11.64	7.34	16.26	23.33
P/FCF Ratio	76.58	86.03	110.70	-	356.76	362.34
P/OCF Ratio	75.79	85.02	106.13	-	322.94	326.76
EV/Sales Ratio	13.33	15.05	13.65	7.23	36.12	45.62
EV/EBITDA Ratio	85.26	104.16	292.09	-	372.82	569.51
EV/EBIT Ratio	88.86	107.17	370.74	-	437.79	769.70
EV/FCF Ratio	73.54	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	1.22%	1.47%	0.13%	-7.84%	1.69%	0.23%
FCF Yield	1.31%	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.