Shopify Inc.
SHOP | NASDAQ
$129.37
+$0.87 (+0.68%)
Sep 21, 2026, 11:05 AM ET · Market open
Market Data
Market Cap $166.75B
Enterprise Value $161.72B
Beta 2.62
Average Volume 10.13M
Shares Outstanding (Diluted) 1.3B
Shares Change YoY -0.84%
Institutional Ownership 63.07%
Exchange NASDAQ
ISIN CA82509L1076
Price Performance
Price Change 1M -12.5%
Price Change 3M 18.8%
Price Change 6M 6.0%
Price Change YTD -18.4%
Price Change 1Y -15.7%
Price Change 3Y 141.7%
Price Change 5Y -11.2%
1M CAGR (ann.) -12.8%
1Y CAGR (ann.) -13.1%
5Y CAGR (ann.) -2.8%
All-Time CAGR 46.4%
Valuation
PE Ratio 86.11
Forward PE 52.86
PEG Ratio -4.88
Forward PEG 2.92
PS Ratio 12.55
Forward PS 8.70
PB Ratio 13.13
P/FCF Ratio 70.79
P/Adj. FCF Ratio 89.03
P/OCF Ratio 69.73
EV/Sales 12.19
EV/EBIT -295.11
EV/EBITDA -311.60
EV/FCF 68.76
Earnings Yield 1.2%
FCF Yield 1.4%
Adj. FCF Yield 1.1%
Financial Health
Net Cash $4.95B
Total Debt $178M
Cash & Short-Term Investments $4.95B
Total Assets $14.47B
Current Ratio 5.35
Quick Ratio 5.35
Debt / Equity Ratio 0.01
Debt / EBITDA -0.34
Debt / FCF 0.08
OCF / Debt 13.35
Interest Coverage 0.00
Altman Z-Score 57.70
Piotroski F-Score 6
Margins & Profitability
Gross Profit Margin 47.8%
Operating Profit Margin 13.9%
EBITDA Margin -3.9%
Net Profit Margin 14.5%
FCF Margin 17.7%
Adj. FCF Margin 14.1%
SBC / Revenue 3.6%
SBC Impact (per share) -20.5%
Returns
Return on Assets 13.3%
Return on Equity 15.1%
Return on Invested Capital 11.7%
Return on Capital Employed 14.2%
Return on Tangible Assets 13.8%
Historical Growth (CAGR)
Revenue CAGR 3Y 28.2%
Revenue CAGR 5Y 28.1%
Revenue CAGR 10Y 47.0%
EPS CAGR 3Y 17.9%
EPS CAGR 5Y -5.0%
EPS CAGR 10Y 50.9%
FCF CAGR 3Y 102.6%
FCF CAGR 5Y 35.9%
FCF CAGR 10Y 38.8%
Analyst Forecasts
Analyst Rating Buy
Analyst Count 64
EPS Growth Next 3Y 40.8%
Revenue Growth Next 3Y 29.5%
Earnings Date N/A
EPS Estimate (next Q) N/A
EPS Growth Est (next Q) N/A
Revenue Est (next Q) N/A
Revenue Growth Est (next Q) N/A
Fair Value Estimates
Graham Number $18.12
Graham Upside -85.9%
Lynch Fair Value $7.45
Lynch Upside -94.2%
Price Target $167.72
Price Target Upside 30.7%
Cash Flow
Operating Cash Flow $2.38B
Free Cash Flow $2.35B
Adj. Free Cash Flow $1.87B
FCF Per Share $1.82
OCF Per Share $1.84
OCF/S Ratio 17.9%
Income Statement
Revenue $13.27B
Gross Profit $6.34B
Operating Income $1.84B
EBITDA $-519M
Net Income $1.93B
EPS (Diluted) $1.49
Revenue / Employee $1.75M
Profit / Employee $253.68K
Employees 7,600
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