Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
103.00
-1.86 (-1.77%)
At close: May 22, 2026, 4:00 PM EDT
103.25
+0.25 (0.24%)
After-hours: May 22, 2026, 7:59 PM EDT
Shopify Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Current | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | May '26 May 22, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 134,002 | 214,701 | 288,156 | 269,053 | 204,075 | 177,575 | 198,062 | 139,965 | 116,432 | 134,456 | 132,592 | 95,210 | 109,804 | 82,881 | 59,954 | 47,314 | 50,792 | 106,648 | 219,272 | 215,898 | |
Market Cap Growth | -34.34% | 20.91% | 45.49% | 92.23% | 75.27% | 32.07% | 49.38% | 47.01% | 6.04% | 62.23% | 121.15% | 101.23% | 116.18% | -22.29% | -72.66% | -78.09% | -77.54% | -38.17% | 24.50% | 30.05% |
Enterprise Value | 127,730 | 206,943 | 280,461 | 261,739 | 197,678 | 171,250 | 191,789 | 134,862 | 111,098 | 128,980 | 127,457 | 90,031 | 104,953 | 78,163 | 54,968 | 42,252 | 43,340 | 99,060 | 210,917 | 207,736 |
Last Close Price | 103.00 | 165.06 | 221.00 | 206.76 | 157.06 | 136.90 | 152.99 | 108.35 | 90.27 | 104.38 | 103.06 | 74.14 | 85.62 | 64.81 | 47.02 | 37.20 | 40.22 | 84.55 | 174.17 | 171.93 |
PE Ratio | 101.47 | 117.55 | 171.29 | 109.99 | 64.49 | 77.34 | 68.78 | 74.86 | 67.37 | - | 777.80 | - | - | - | - | - | - | 563.67 | 60.17 | 50.51 |
Forward PE | 54.49 | 64.85 | 95.92 | 95.10 | 78.96 | 64.14 | 75.09 | 67.52 | 64.22 | 75.34 | 75.87 | 78.20 | 143.08 | - | - | - | - | 205.80 | 224.55 | 273.01 |
PEG Ratio | 2.12 | 2.07 | 2.33 | 3.15 | 3.65 | 1.89 | 1.95 | 1.50 | 1.45 | 1.44 | 1.49 | 0.57 | 0.76 | 17.08 | - | - | 9.27 | 3.68 | 5.18 | 5.46 |
PS Ratio | 10.84 | 12.49 | 18.17 | 18.07 | 14.98 | 13.16 | 15.54 | 12.60 | 10.97 | 13.41 | 14.17 | 10.53 | 13.15 | 10.38 | 7.89 | 6.52 | 7.89 | 17.67 | 37.62 | 40.43 |
PB Ratio | 10.72 | 12.35 | 15.58 | 15.44 | 12.37 | 11.17 | 11.94 | 10.23 | 9.28 | 11.18 | 11.04 | 8.46 | 11.11 | 7.25 | 5.36 | 3.93 | 4.53 | 8.72 | 15.58 | 14.97 |
P/TBV Ratio | 10.77 | 17.25 | 21.41 | 21.62 | 16.91 | 16.14 | 17.23 | 13.89 | 12.75 | 15.14 | 14.73 | 11.50 | 14.67 | 9.76 | 7.23 | 5.40 | 5.83 | 10.94 | 19.93 | 19.17 |
P/FCF Ratio | 63.21 | 72.84 | 104.61 | 101.54 | 82.55 | 71.41 | 86.42 | 72.25 | 66.16 | 94.61 | 110.57 | 99.18 | 293.57 | 622.79 | - | - | 288.00 | 302.39 | 357.76 | 371.44 |
P/OCF Ratio | 62.41 | 71.93 | 103.27 | 100.48 | 81.83 | 70.71 | 85.41 | 71.41 | 65.30 | 91.90 | 106.01 | 93.24 | 244.26 | 418.57 | - | 1292.79 | 194.99 | 248.20 | 323.84 | 347.78 |
EV/Sales Ratio | 10.33 | 12.04 | 17.68 | 17.57 | 14.51 | 12.69 | 15.05 | 12.14 | 10.47 | 12.87 | 13.63 | 9.96 | 12.57 | 9.79 | 7.23 | 5.82 | 6.73 | 16.42 | 36.18 | 38.90 |
EV/EBITDA Ratio | 59.46 | 88.76 | 136.31 | 140.91 | 114.04 | 97.06 | 120.29 | 106.40 | 104.04 | - | - | - | - | - | - | - | - | 664.54 | 498.21 | 381.92 |
EV/EBIT Ratio | 60.31 | 90.38 | 139.19 | 144.37 | 116.98 | 99.83 | 124.32 | 110.90 | 110.10 | - | - | - | - | - | - | - | - | 1531.54 | 621.18 | 446.44 |
EV/FCF Ratio | 60.25 | 70.21 | 101.81 | 98.78 | 79.96 | 68.86 | 83.68 | 69.62 | 63.13 | 90.75 | 106.29 | 93.78 | 280.60 | 587.33 | - | - | 245.74 | 280.88 | 344.13 | 357.39 |
Debt / Equity Ratio | 0.01 | 0.01 | 0.01 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | 0.12 | 0.13 | 0.12 | 0.13 | 0.15 | 0.16 | 0.17 | 0.15 | 0.13 | 0.12 | 0.10 | 0.10 |
Debt / EBITDA Ratio | 0.11 | 0.11 | 0.13 | 0.84 | 0.89 | 0.93 | 1.01 | 1.22 | 1.46 | - | - | - | - | - | - | - | - | 10.02 | 3.50 | 2.57 |
Debt / FCF Ratio | 0.08 | 0.08 | 0.09 | 0.59 | 0.63 | 0.66 | 0.71 | 0.80 | 0.88 | 1.09 | 1.27 | 1.59 | 4.02 | 14.22 | - | - | 8.70 | 4.24 | 2.42 | 2.40 |
Net Debt / Equity Ratio | -0.44 | -0.44 | -0.41 | -0.42 | -0.39 | -0.40 | -0.38 | -0.37 | -0.42 | -0.45 | -0.43 | -0.46 | -0.49 | -0.41 | -0.44 | -0.42 | -0.66 | -0.62 | -0.59 | -0.56 |
Net Debt / EBITDA Ratio | -3.32 | -3.32 | -3.73 | -3.92 | -3.67 | -3.57 | -3.92 | -4.01 | -4.97 | 3.70 | 2.86 | 2.10 | 1.62 | 4.26 | 5.02 | 6.80 | 27.59 | -50.74 | -19.69 | -14.97 |
Net Debt / FCF Ratio | -2.62 | -2.62 | -2.78 | -2.75 | -2.58 | -2.53 | -2.73 | -2.62 | -3.02 | -3.84 | -4.26 | -5.37 | -12.91 | -35.21 | 19.66 | 87.74 | -42.07 | -21.45 | -13.60 | -14.01 |
Asset Turnover | 0.84 | 0.84 | 0.79 | 0.74 | 0.70 | 0.69 | 0.70 | 0.70 | 0.69 | 0.66 | 0.64 | 0.63 | 0.62 | 0.54 | 0.46 | 0.43 | 0.42 | 0.38 | 0.44 | 0.40 |
Quick Ratio | 6.05 | 6.05 | 5.79 | 3.83 | 3.74 | 3.59 | 3.60 | 6.87 | 7.11 | 6.94 | 6.80 | 7.04 | 6.55 | 6.53 | 6.90 | 6.47 | 11.01 | 11.68 | 12.00 | 13.83 |
Current Ratio | 6.20 | 6.20 | 5.96 | 3.93 | 3.85 | 3.71 | 3.71 | 7.10 | 7.32 | 7.14 | 6.99 | 7.23 | 6.71 | 6.71 | 7.07 | 6.64 | 11.17 | 11.84 | 12.15 | 13.97 |
Return on Equity (ROE) | 4.54% | 4.54% | 9.84% | 4.06% | 8.88% | 2.80% | 19.58% | 14.42% | 13.96% | -2.33% | 1.53% | -13.90% | -25.79% | -22.98% | -35.72% | -32.36% | -19.15% | 1.74% | 33.25% | 38.38% |
Return on Assets (ROA) | 8.79% | 8.79% | 8.23% | 7.11% | 7.85% | 9.44% | 7.72% | 7.07% | 6.11% | -14.45% | -9.17% | -18.45% | -23.42% | -8.55% | -6.52% | -4.63% | -2.19% | 0.63% | 2.36% | 3.14% |
Return on Invested Capital (ROIC) | 16.43% | 16.43% | 14.93% | 13.35% | 14.32% | 17.41% | 14.52% | 13.32% | 12.06% | -29.29% | -18.61% | -38.49% | -50.28% | -17.31% | -15.28% | -10.54% | -6.22% | 1.72% | 8.06% | 9.92% |
Return on Capital Employed (ROCE) | 12.41% | 12.41% | 11.40% | 10.50% | 10.16% | 10.21% | 9.61% | 8.24% | 7.07% | -11.05% | -13.97% | -19.42% | -25.24% | -9.18% | -7.29% | -5.40% | -2.45% | 0.44% | 2.69% | 3.62% |
Earnings Yield | 0.99% | 0.85% | 0.58% | 0.91% | 1.55% | 1.29% | 1.45% | 1.34% | 1.48% | - | 0.13% | - | - | - | - | - | - | 0.18% | 1.66% | 1.98% |
FCF Yield | 1.58% | 1.37% | 0.96% | 0.98% | 1.21% | 1.40% | 1.16% | 1.38% | 1.51% | 1.06% | 0.90% | 1.01% | 0.34% | 0.16% | - | - | 0.35% | 0.33% | 0.28% | 0.27% |
Buyback Yield / Dilution | -0.26% | -0.29% | -0.26% | -0.89% | -0.78% | -0.99% | -0.46% | -0.87% | -1.28% | -1.27% | -2.31% | -1.83% | -1.17% | -0.55% | 0.58% | 0.46% | -0.21% | -1.41% | -3.16% | -5.56% |
Total Shareholder Return | -0.26% | -0.29% | -0.26% | -0.89% | -0.78% | -0.99% | -0.46% | -0.87% | -1.28% | -1.27% | -2.31% | -1.83% | -1.17% | -0.55% | 0.58% | 0.46% | -0.21% | -1.41% | -3.16% | -5.56% |
Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.