Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
147.37
-5.53 (-3.62%)
At close: Aug 31, 2026, 4:00 PM EDT
145.86
-1.51 (-1.02%)
Pre-market: Sep 1, 2026, 5:35 AM EDT

Shopify Ratios and Metrics

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Aug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
189,613209,558137,389100,18744,154173,001
Market Cap Growth
3.27%52.53%37.13%126.90%-74.48%24.59%
Enterprise Value
184,319203,648133,63596,39140,512166,582
Last Close Price
147.37160.97106.3377.9034.71137.74

Price Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Aug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
99.47170.2368.05758.99-59.36
Forward PE
70.4495.9275.0975.87167.13224.55
PS Ratio
14.2918.1315.4714.197.8937.51
PB Ratio
14.9815.5511.8911.055.3615.54
P/TBV Ratio
15.5916.1812.4011.647.3416.26
P/FCF Ratio
80.62104.4186.03110.70-356.76
P/OCF Ratio
79.77103.0885.02106.13-322.94
PEG Ratio
2.312.331.951.498.055.18

EV Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Aug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
EV/Sales Ratio
13.8917.6215.0513.657.2336.12
EV/EBITDA Ratio
76.96105.57104.16292.09-372.82
EV/EBIT Ratio
77.90107.30107.17370.74-437.79
EV/FCF Ratio
78.37101.4783.68106.51-343.52

Financial Efficiency

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Aug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Debt / Equity Ratio
0.010.010.100.130.170.11
Debt / EBITDA Ratio
0.070.100.853.04-2.43
Debt / FCF Ratio
0.080.090.711.27-2.42
Net Debt / Equity Ratio
-0.42-0.49-0.44-0.44-0.45-0.59
Net Debt / EBITDA Ratio
-2.21-3.44-3.97-12.139.64-14.81
Net Debt / FCF Ratio
-2.25-3.30-3.19-4.4219.84-13.64
Asset Turnover
0.910.790.700.640.470.44
Inventory Turnover
-255.36195.91---
Quick Ratio
3.724.583.015.946.2711.37
Current Ratio
5.355.963.716.997.0712.15
Return on Equity (ROE)
15.54%9.84%19.58%1.53%-35.72%33.25%
Return on Assets (ROA)
10.19%8.15%6.18%1.47%-2.47%2.25%
Return on Invested Capital (ROIC)
26.24%20.67%18.30%3.82%-10.50%13.00%
Return on Capital Employed (ROCE)
18.20%13.80%10.40%2.50%-4.80%3.00%

Yields

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Aug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Earnings Yield
1.02%0.59%1.47%0.13%-7.84%1.69%
FCF Yield
1.24%0.96%1.16%0.90%-0.42%0.28%
Buyback Yield / Dilution
0.73%-0.27%-0.46%-2.31%0.58%-3.16%
SEC Filings: 10-K · 10-Q