Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
157.49
-9.40 (-5.63%)
At close: Oct 30, 2026, 4:00 PM EDT
157.08
-0.41 (-0.26%)
After-hours: Oct 30, 2026, 7:58 PM EDT

Shopify Ratios and Metrics

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
202,634209,558137,389100,18744,154173,001
Market Cap Growth
-12.90%52.53%37.13%126.90%-74.48%24.59%
Enterprise Value
197,340203,648133,63596,39140,512166,582
Last Close Price
157.49160.97106.3377.9034.71137.74

Price Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
106.30170.2368.05758.99-59.36
Forward PE
74.9395.9275.0975.87167.13224.55
PS Ratio
15.2718.1315.4714.197.8937.51
PB Ratio
16.0115.5511.8911.055.3615.54
P/TBV Ratio
16.6616.1812.4011.647.3416.26
P/FCF Ratio
86.15104.4186.03110.70-356.76
P/OCF Ratio
85.25103.0885.02106.13-322.94
PEG Ratio
2.462.331.951.498.055.18

EV Ratios

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
EV/Sales Ratio
14.8717.6215.0513.657.2336.12
EV/EBITDA Ratio
82.40105.57104.16292.09-372.82
EV/EBIT Ratio
83.41107.30107.17370.74-437.79
EV/FCF Ratio
83.90101.4783.68106.51-343.52

Financial Efficiency

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '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
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Earnings Yield
0.94%0.59%1.47%0.13%-7.84%1.69%
FCF Yield
1.16%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