77/100B153.040
USD
10.39
(7.28%)
Post Trading·153.250USD+0.210(+0.14%)
Last updated: · Delayed 15 min
Shopify financial ratios 2012–2026
92.75 today, against 142.26 on average over the last 5 years.
P/E ratio P/S ratio P/B ratio
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| Fiscal year | TTM 30 Sept 2026 | FY2025 31 Dec 2025 | FY2024 31 Dec 2024 | FY2023 31 Dec 2023 | FY2022 31 Dec 2022 | FY2021 31 Dec 2021 | FY2020 31 Dec 2020 | FY2019 31 Dec 2019 | FY2018 31 Dec 2018 | FY2017 31 Dec 2017 | FY2016 31 Dec 2016 | FY2015 31 Dec 2015 | FY2014 31 Dec 2014 | FY2013 31 Dec 2013 | FY2012 31 Dec 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 198.59B | 209.09B | 137.65B | 99.83B | 43.95B | 171.70B | 135.35B | 44.94B | 14.63B | 10.10B | 3.60B | 1.59B | 1.13B | 1.13B | 1.12B | |
Enterprise value | 194.05B | 207.75B | 137.28B | 99.57B | 43.70B | 170.37B | 133.56B | 44.44B | 14.24B | 9.98B | 3.53B | 1.49B | 1.10B | 1.04B | 0.00 |
| 92.75 | 169.86 | 68.18 | 756.31 | — | 58.91 | 423.61 | — | — | — | — | — | — | — | — | |
Forward P/E | 63.67 | 83.69 | 72.61 | 60.66 | 49.45 | 49,573.88 | 179.11 | 109.17 | 755.95 | 336.57 | 895.94 | — | — | — | — |
PEG ratio | 2.23 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 14.02 | 18.09 | 15.50 | 14.14 | 7.85 | 37.23 | 46.20 | 28.47 | 13.63 | 15.01 | 9.25 | 7.76 | 10.78 | 22.43 | 47.39 | |
P/B ratio | 15.58 | 15.52 | 11.91 | 11.01 | 5.33 | 15.42 | 21.15 | 14.90 | 7.00 | 10.09 | 8.77 | 8.15 | 16.72 | 13.20 | — |
P/FCF ratio | 74.63 | 104.18 | 86.19 | 110.31 | — | 354.08 | 353.42 | 5,468.12 | — | — | — | — | — | — | 44,947.66 |
EV/EBITDA | 80.89 | 107.70 | 107.00 | 691.46 | — | 53.11 | 418.67 | — | — | — | — | — | — | — | — |
EV/sales | 13.70 | 17.98 | 15.46 | 14.10 | 7.80 | 36.94 | 45.59 | 28.16 | 13.27 | 14.82 | 9.07 | 7.28 | 10.46 | 20.78 | 0.00 |
Earnings yield | 1.07% | 0.59% | 1.47% | 0.13% | -7.87% | 1.70% | 0.24% | -0.28% | -0.44% | -0.40% | -0.98% | -1.18% | -1.97% | -0.43% | -0.11% |
Free cash flow yield | 1.34% | 0.96% | 1.16% | 0.91% | -0.42% | 0.28% | 0.28% | 0.02% | -0.22% | -0.16% | -0.34% | -0.33% | -2.08% | -0.28% | 0.00% |
Dividend yield | — | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Payout ratio | — | 0.00% | 0.00% | 0.00% | — | 0.00% | 0.00% | — | — | — | — | — | — | — | — |
Buyback yield | — | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Shareholder yield | — | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 16.68% | 9.14% | 17.47% | 1.46% | -42.00% | 26.18% | 4.99% | -4.14% | -3.09% | -4.00% | -8.61% | -9.62% | -32.94% | -5.67% | — | |
ROA (return on assets) | 14.50% | 8.10% | 14.50% | 1.17% | -32.17% | 21.85% | 4.12% | -3.58% | -2.86% | -3.59% | -7.21% | -7.71% | -23.44% | -5.05% | — |
ROIC (return on invested capital) | 22.44% | 15.86% | 15.70% | -20.67% | — | 9.13% | 14.63% | — | — | — | — | — | — | — | — |
| 4.86 | 5.96 | 3.71 | 6.99 | 7.07 | 12.15 | 15.69 | 8.67 | 15.35 | 10.82 | 6.36 | 5.44 | 3.46 | 8.76 | — | |
Quick ratio | 3.25 | 5.85 | 3.65 | 6.86 | 6.90 | 12.00 | 15.54 | 8.52 | 15.16 | 10.63 | 6.22 | 5.27 | 3.38 | 8.66 | — |
| 0.01 | 0.01 | 0.10 | 0.13 | 0.17 | 0.11 | 0.14 | 0.05 | 0.01 | 0.02 | 0.03 | 0.06 | 0.11 | 0.01 | — | |
Debt / EBITDA | 0.08 | 0.10 | 0.88 | 7.99 | — | 0.37 | 2.86 | — | — | — | — | — | — | — | — |
Net debt / EBITDA | -1.89 | -2.89 | -3.39 | -26.79 | — | -2.06 | -17.16 | — | — | — | — | — | — | — | — |
Interest coverage | — | — | — | — | -714.78 | 77.60 | 9.43 | — | — | — | — | — | — | — | — |
Asset turnover | 0.97 | 0.76 | 0.64 | 0.62 | 0.52 | 0.35 | 0.38 | 0.45 | 0.48 | 0.60 | 0.79 | 0.84 | 1.10 | 0.52 | — |
| Quarter | Q3 FY2026 30 Sept 2026 | Q2 FY2026 30 Jun 2026 | Q1 FY2026 31 Mar 2026 | Q4 FY2025 31 Dec 2025 | Q3 FY2025 30 Sept 2025 | Q2 FY2025 30 Jun 2025 | Q1 FY2025 31 Mar 2025 | Q4 FY2024 31 Dec 2024 | Q3 FY2024 30 Sept 2024 | Q2 FY2024 30 Jun 2024 | Q1 FY2024 31 Mar 2024 | Q4 FY2023 31 Dec 2023 | Q3 FY2023 30 Sept 2023 | Q2 FY2023 30 Jun 2023 | Q1 FY2023 31 Mar 2023 | Q4 FY2022 31 Dec 2022 | Q3 FY2022 30 Sept 2022 | Q2 FY2022 30 Jun 2022 | Q1 FY2022 31 Mar 2022 | Q4 FY2021 31 Dec 2021 | Q3 FY2021 30 Sept 2021 | Q2 FY2021 30 Jun 2021 | Q1 FY2021 31 Mar 2021 | Q4 FY2020 31 Dec 2020 | Q3 FY2020 30 Sept 2020 | Q2 FY2020 30 Jun 2020 | Q1 FY2020 31 Mar 2020 | Q4 FY2019 31 Dec 2019 | Q3 FY2019 30 Sept 2019 | Q2 FY2019 30 Jun 2019 | Q1 FY2019 31 Mar 2019 | Q4 FY2018 31 Dec 2018 | Q3 FY2018 30 Sept 2018 | Q2 FY2018 30 Jun 2018 | Q1 FY2018 31 Mar 2018 | Q4 FY2017 31 Dec 2017 | Q3 FY2017 30 Sept 2017 | Q2 FY2017 30 Jun 2017 | Q1 FY2017 31 Mar 2017 | Q4 FY2016 31 Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 190.84B | 147.89B | 154.60B | 209.09B | 193.20B | 149.70B | 123.68B | 137.65B | 103.43B | 83.30B | 100.66B | 100.14B | 70.03B | 82.71B | 61.21B | 44.20B | 34.20B | 39.43B | 85.18B | 173.19B | 169.57B | 181.96B | 136.37B | 142.01B | 123.28B | 112.71B | 48.53B | 46.13B | 35.24B | 33.61B | 22.85B | 14.92B | 17.43B | 15.46B | 12.48B | 10.50B | 11.51B | 8.19B | 6.14B | 3.82B | |
Enterprise value | 189.16B | 146.41B | 152.93B | 207.75B | 191.91B | 149.29B | 123.51B | 137.28B | 103.06B | 82.90B | 100.18B | 99.88B | 69.87B | 82.24B | 60.87B | 43.94B | 34.12B | 37.27B | 83.92B | 171.86B | 168.48B | 180.67B | 134.66B | 140.22B | 121.09B | 110.98B | 47.71B | 45.63B | 34.23B | 33.05B | 22.55B | 14.53B | 17.21B | 15.26B | 10.92B | 10.38B | 11.40B | 8.01B | 6.06B | 3.75B |
| 89.77 | 76.71 | 114.78 | 167.82 | 107.58 | 63.43 | 76.82 | 68.18 | 74.78 | 65.44 | — | 758.64 | — | — | — | — | — | — | 467.47 | 59.42 | 49.73 | 74.19 | 84.73 | 444.46 | 627.67 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
Forward P/E | 63.17 | 51.79 | 57.45 | 83.69 | 82.23 | 68.15 | 60.47 | 72.61 | 56.44 | 48.09 | 58.04 | 60.66 | 47.94 | 65.04 | 56.54 | 49.45 | 52.03 | 94.26 | 459.71 | 49,573.88 | 1,019.95 | 485.68 | 236.54 | 179.11 | 181.14 | 191.20 | 97.14 | 109.17 | 112.47 | 159.67 | 203.11 | 755.95 | 769.64 | 600.01 | 456.35 | 336.57 | 491.47 | 499.67 | 614.99 | 895.94 |
PEG ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 13.47 | 11.15 | 12.50 | 18.09 | 18.06 | 14.95 | 13.19 | 15.50 | 12.59 | 10.73 | 13.58 | 14.18 | 10.53 | 13.12 | 10.37 | 7.89 | 6.52 | 7.88 | 17.65 | 37.55 | 40.28 | 47.22 | 39.55 | 48.48 | 50.18 | 54.19 | 28.09 | 29.23 | 24.87 | 25.92 | 19.38 | 13.90 | 18.30 | 18.11 | 16.42 | 15.60 | 19.81 | 16.10 | 13.84 | 9.82 | |
P/B ratio | 14.97 | 11.66 | 12.33 | 15.52 | 15.46 | 12.32 | 11.19 | 11.91 | 10.22 | 9.08 | 11.32 | 11.05 | 8.45 | 11.08 | 7.24 | 5.36 | 3.93 | 4.52 | 8.70 | 15.56 | 14.91 | 17.98 | 14.92 | 22.19 | 19.96 | 24.35 | 15.96 | 15.30 | 12.50 | 15.55 | 10.74 | 7.13 | 10.42 | 9.34 | 7.57 | 10.49 | 11.65 | 8.38 | 14.96 | 9.31 |
P/FCF ratio | 71.72 | 62.88 | 72.65 | 103.77 | 101.10 | 82.03 | 71.58 | 86.19 | 72.23 | 64.73 | 95.78 | 110.65 | 99.09 | 292.52 | 619.82 | — | — | 287.80 | 301.90 | 381.77 | 370.10 | 358.92 | 221.60 | 370.82 | 672.61 | 1,948.90 | — | 5,613.30 | — | 3,338.71 | — | — | — | — | — | — | — | — | — | — |
EV/EBITDA | 78.85 | 61.13 | 71.20 | 107.70 | 111.19 | 94.91 | 83.62 | 145.27 | 94.73 | 56.01 | 110.33 | 79.27 | — | — | — | — | — | — | 452.30 | 53.60 | 44.23 | 67.91 | 76.93 | 439.56 | 726.68 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
EV/sales | 13.35 | 11.03 | 12.37 | 17.98 | 17.94 | 14.91 | 13.17 | 15.46 | 12.55 | 10.68 | 13.51 | 14.15 | 10.50 | 13.05 | 10.31 | 7.85 | 6.51 | 7.45 | 17.39 | 37.26 | 40.02 | 46.89 | 39.05 | 47.86 | 49.29 | 53.35 | 27.61 | 28.91 | 24.16 | 25.50 | 19.12 | 13.54 | 18.07 | 17.88 | 14.37 | 15.41 | 19.63 | 15.73 | 13.64 | 9.64 |
Earnings yield | 1.11% | 1.30% | 0.87% | 0.60% | 0.93% | 1.58% | 1.30% | 1.47% | 1.34% | 1.53% | -0.21% | 0.13% | -1.64% | -2.45% | -3.13% | -7.83% | -9.38% | -4.82% | 0.21% | 1.68% | 2.01% | 1.35% | 1.18% | 0.23% | 0.16% | -0.06% | -0.27% | -0.27% | -0.36% | -0.23% | -0.32% | -0.43% | -0.38% | -0.34% | -0.34% | -0.38% | -0.40% | -0.56% | -0.65% | -0.93% |
Free cash flow yield | 1.39% | 1.59% | 1.38% | 0.96% | 0.99% | 1.22% | 1.40% | 1.16% | 1.38% | 1.55% | 1.04% | 0.90% | 1.01% | 0.34% | 0.16% | -0.06% | -0.12% | 0.35% | 0.33% | 0.26% | 0.27% | 0.28% | 0.45% | 0.27% | 0.15% | 0.05% | -0.22% | 0.02% | -0.09% | 0.03% | -0.03% | -0.22% | -0.15% | -0.20% | -0.24% | -0.16% | -0.22% | -0.24% | -0.15% | -0.32% |
Dividend yield | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Payout ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Buyback yield | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Shareholder yield | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 16.68% | 15.20% | 10.74% | 9.25% | 14.37% | 19.42% | 14.57% | 17.47% | 13.67% | 13.88% | -2.35% | 1.46% | -13.87% | -27.14% | -22.69% | -42.00% | -36.91% | -21.81% | 1.86% | 26.18% | 29.99% | 24.23% | 17.60% | 4.99% | 3.18% | -1.46% | -4.34% | -4.14% | -4.51% | -3.59% | -3.42% | -3.09% | -3.95% | -3.15% | -2.56% | -4.00% | -4.64% | -4.67% | -9.74% | -8.61% | |
ROA (return on assets) | 14.50% | 13.32% | 9.51% | 8.20% | 11.95% | 16.17% | 12.01% | 14.50% | 11.22% | 11.22% | -1.88% | 1.17% | -10.98% | -20.88% | -17.50% | -32.17% | -28.64% | -17.69% | 1.54% | 21.85% | 25.19% | 20.51% | 14.87% | 4.12% | 2.63% | -1.32% | -3.81% | -3.58% | -3.99% | -3.14% | -3.03% | -2.86% | -3.59% | -2.89% | -2.37% | -3.59% | -4.17% | -4.23% | -7.98% | -7.21% |
ROIC (return on invested capital) | 22.44% | 19.76% | 19.56% | 15.86% | 16.69% | 17.64% | 19.41% | 15.70% | 15.39% | 15.21% | — | -20.67% | — | — | — | — | — | — | 2.62% | 9.13% | 11.32% | 18.94% | 17.16% | 14.63% | -15.04% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 4.86 | 5.35 | 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 | 16.55 | 17.13 | 15.69 | 17.87 | 13.69 | 9.45 | 8.67 | 11.21 | 11.44 | 12.57 | 15.35 | 11.82 | 12.89 | 14.88 | 10.82 | 10.64 | 11.80 | 5.65 | 6.36 | |
Quick ratio | 3.25 | 3.64 | 6.05 | 5.85 | 3.83 | 3.74 | 3.59 | 3.65 | 6.87 | 7.11 | 6.94 | 6.86 | 7.04 | 6.55 | 6.53 | 6.90 | 6.47 | 11.01 | 11.67 | 12.00 | 13.83 | 16.40 | 16.98 | 15.54 | 17.70 | 13.49 | 9.25 | 8.52 | 11.09 | 11.25 | 12.39 | 15.16 | 11.66 | 12.74 | 14.72 | 10.63 | 10.42 | 11.61 | 5.49 | 6.22 |
| 0.01 | 0.01 | 0.01 | 0.01 | 0.09 | 0.09 | 0.10 | 0.10 | 0.11 | 0.12 | 0.13 | 0.13 | 0.14 | 0.15 | 0.17 | 0.17 | 0.15 | 0.14 | 0.12 | 0.11 | 0.10 | 0.11 | 0.12 | 0.14 | 0.15 | 0.03 | 0.05 | 0.05 | 0.04 | 0.05 | 0.05 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.03 | 0.03 | |
Debt / EBITDA | 0.08 | 0.07 | 0.08 | 0.10 | 0.65 | 0.73 | 0.77 | 1.19 | 1.05 | 0.77 | 1.26 | 0.91 | — | — | — | — | — | — | 6.44 | 0.37 | 0.29 | 0.40 | 0.62 | 2.86 | 5.42 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Net debt / EBITDA | -1.89 | -1.99 | -2.60 | -2.89 | -3.03 | -2.98 | -2.96 | -4.61 | -3.45 | -2.62 | -4.44 | -3.06 | — | — | — | — | — | — | -32.61 | -2.06 | -1.69 | -2.51 | -3.88 | -17.16 | -31.31 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Interest coverage | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -238.18 | -179.64 | -79.49 | 14.81 | 77.14 | 34.49 | 38.31 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Asset turnover | 0.97 | 0.92 | 0.87 | 0.76 | 0.71 | 0.69 | 0.70 | 0.64 | 0.67 | 0.68 | 0.67 | 0.62 | 0.64 | 0.65 | 0.54 | 0.52 | 0.47 | 0.47 | 0.41 | 0.35 | 0.31 | 0.32 | 0.32 | 0.38 | 0.33 | 0.41 | 0.50 | 0.45 | 0.44 | 0.53 | 0.49 | 0.48 | 0.52 | 0.47 | 0.43 | 0.60 | 0.53 | 0.47 | 0.89 | 0.79 |
Each period's market value, at its closing price, over its statements; a quarter over its last four quarters. ROIC is operating income after tax over debt plus equity less cash and short-term investments. The first column is today, at the current price.
Common questions about Shopify's ratios
Source: Financial Modeling Prep