Shopify Inc. (TSX:SHOP)

Shopify Statistics

Total Valuation

Shopify has a market cap or net worth of CAD 258.75 billion. The enterprise value is 251.14 billion.

Market Cap	258.75B
Enterprise Value	251.14B

Important Dates

The last earnings date was Thursday, August 7, 2025.

Earnings Date	Aug 7, 2025
Ex-Dividend Date	n/a

Share Statistics

Current Share Class	1.22B
Shares Outstanding	n/a
Shares Change (YoY)	+0.88%
Shares Change (QoQ)	+1.05%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	1.22B

Valuation Ratios

The trailing PE ratio is 80.90 and the forward PE ratio is 92.24.

PE Ratio	80.90
Forward PE	92.24
PS Ratio	18.95
PB Ratio	15.65
P/TBV Ratio	16.36
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 120.24, with an EV/FCF ratio of 101.34.

EV / Earnings	78.52
EV / Sales	18.17
EV / EBITDA	120.24
EV / EBIT	126.03
EV / FCF	101.34

Financial Position

The company has a current ratio of 3.85, with a Debt / Equity ratio of 0.09.

Current Ratio	3.85
Quick Ratio	2.98
Debt / Equity	0.09
Debt / EBITDA	0.71
Debt / FCF	0.63
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 22.02% and return on invested capital (ROIC) is 8.17%.

Return on Equity (ROE)	22.02%
Return on Assets (ROA)	7.44%
Return on Invested Capital (ROIC)	8.17%
Return on Capital Employed (ROCE)	12.34%
Revenue Per Employee	1.69M
Profits Per Employee	394,846
Employee Count	8,100
Asset Turnover	0.77
Inventory Turnover	n/a

Taxes

In the past 12 months, Shopify has paid 334.15 million in taxes.

Income Tax	334.15M
Effective Tax Rate	9.46%

Stock Price Statistics

The stock price has increased by +98.74% in the last 52 weeks. The beta is 2.63, so Shopify's price volatility has been higher than the market average.

Beta (5Y)	2.63
52-Week Price Change	+98.74%
50-Day Moving Average	165.89
200-Day Moving Average	151.90
Relative Strength Index (RSI)	59.87
Average Volume (20 Days)	1,636,940

Short Selling Information

The latest short interest is 12.18 million, so 1.01% of the outstanding shares have been sold short.

Short Interest	12.18M
Short Previous Month	10.87M
Short % of Shares Out	1.01%
Short % of Float	1.01%
Short Ratio (days to cover)	2.27

Income Statement

In the last 12 months, Shopify had revenue of CAD 13.66 billion and earned 3.20 billion in profits. Earnings per share was 2.44.

Revenue	13.66B
Gross Profit	6.74B
Operating Income	2.10B
Pretax Income	3.53B
Net Income	3.20B
EBITDA	2.15B
EBIT	2.10B
Earnings Per Share (EPS)	2.44

Balance Sheet

The company has 7.94 billion in cash and 1.55 billion in debt, giving a net cash position of 7.52 billion.

Cash & Cash Equivalents	7.94B
Total Debt	1.55B
Net Cash	7.52B
Net Cash Per Share	n/a
Equity (Book Value)	16.54B
Book Value Per Share	12.73
Working Capital	8.08B

Cash Flow

In the last 12 months, operating cash flow was 2.50 billion and capital expenditures -21.82 million, giving a free cash flow of 2.48 billion.

Operating Cash Flow	2.50B
Capital Expenditures	-21.82M
Free Cash Flow	2.48B
FCF Per Share	n/a

Margins

Gross margin is 49.34%, with operating and profit margins of 15.39% and 23.42%.

Gross Margin	49.34%
Operating Margin	15.39%
Pretax Margin	25.86%
Profit Margin	23.42%
EBITDA Margin	15.71%
EBIT Margin	15.39%
FCF Margin	18.14%

Dividends & Yields

Shopify does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.88%
Shareholder Yield	n/a
Earnings Yield	1.24%
FCF Yield	0.96%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 29, 2022. It was a forward split with a ratio of 10.

Last Split Date	Jun 29, 2022
Split Type	Forward
Split Ratio	10

Scores

Shopify has an Altman Z-Score of 31.49 and a Piotroski F-Score of 4.

Altman Z-Score	31.49
Piotroski F-Score	4