← SHOPIFY INC. SHOP
Market Price
$154.31
Market Cap
$205.70B
P/E Ratio
164.16
Revenue (FY 2025)
↑30.1% YoY
$11.56B
3-Yr CAGR: 27.0%
Net Income
↓-39.0% YoY
$1.23B
Net Margin: 10.7%
Free Cash Flow
↑25.7% YoY
$2.01B
FCF Yield: 0.98%
EPS (Diluted)
↓-39.4% YoY
$0.94
Basic: $0.95
Return on Equity
Efficiency
9.1%
ROA: 526.1%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (SHOP)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $389.3M | — | $209.5M | $-35.4M | — | — | — | $14.0M | $-9.8M | — |
| FY 2017 | $673.3M | +72.9% | $380.3M | $-40.0M | -13.1% | — | — | $7.9M | $-12.1M | -24.5% |
| FY 2018 | $1,073.2M | +59.4% | $596.3M | $-64.6M | -61.4% | — | — | $9.3M | $-18.6M | -53.4% |
| FY 2019 | $1,578.2M | +47.0% | $865.6M | $-124.8M | -93.4% | $-0.11 | — | $70.6M | $13.9M | +174.4% |
| FY 2020 | $2,929.5M | +85.6% | $1,541.5M | $319.5M | +355.9% | $0.26 | +335.5% | $425.0M | $383.2M | +2,665.8% |
| FY 2021 | $4,611.9M | +57.4% | $2,481.1M | $2,914.7M | +812.2% | $2.29 | +784.2% | $504.4M | $453.6M | +18.4% |
| FY 2022 | $5,646.0M | +22.4% | $2,754.0M | $-3,460.0M | -218.7% | $-2.73 | -219.2% | $-136.0M | $-186.0M | -141.0% |
| FY 2023 | $7,207.0M | +27.6% | $3,515.0M | $132.0M | +103.8% | $0.10 | +103.7% | $944.0M | $905.0M | +586.6% |
| FY 2024 | $8,880.0M | +23.2% | $4,472.0M | $2,019.0M | +1,429.5% | $1.55 | +1,450.0% | $1,616.0M | $1,597.0M | +76.5% |
| FY 2025 | $11,556.0M | +30.1% | $5,555.0M | $1,231.0M | -39.0% | $0.94 | -39.4% | $2,033.0M | $2,007.0M | +25.7% |
Valuation
Market Price
$154.31
Market Cap
$205.70B
Enterprise Value
N/A
P/E Ratio
164.16
P/B Ratio
14.86
FCF Yield
0.98%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
48.07%
Operating Margin
12.70%
Net Margin
10.65%
Return on Equity (ROE)
9.14%
Return on Assets (ROA)
526.07%
Asset Turnover
49.38x
Revenue 3-Yr CAGR
26.97%
Financial Health & Liquidity
Current Ratio
0.17
Cash Ratio
1.11
Debt / Equity
N/A
Debt / Assets
N/A
Cash & Equivalents
$1.54B
Total Debt
N/A
Book Value / Share
$10.38
Cash Flow Efficiency
Operating Cash Flow
$2.03B
Capital Expenditures (CapEx)
$26.00M
Free Cash Flow
$2.01B
OCF / Revenue
17.59%
FCF / Revenue
17.37%
FCF 3-Yr CAGR
N/A
Per Share Metrics
EPS (Diluted)
$0.94
EPS (Basic)
$0.95
Dividends / Share
N/A
Book Value / Share
$10.38
EPS YoY Growth
-39.35%
Balance Sheet (FY 2025)
Total Assets
$234.00M
Total Liabilities
$1.39B
Stockholders' Equity
$13.47B
Current Assets
$234.00M
Current Liabilities
$1.39B