SHOP

Shopify Inc.

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Price alert · SHOP

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157.49 USD -9.40 -5.63%
As of Oct 30, 2026 Extended hours 157.18 -0.20%
Bid
157.44 × 9
Ask
157.54 × 1
154.26 Day range 161.95
95.40 52-week range 179.22
YTD
-2.16%
1 year
-9.29%
Open
161.73
Prev close
166.89
Mkt cap
202.63B
Vol
10.54M
Avg vol
9.41M
EPS
1.48
P/E
106.41
Div yield
0.00%
More statistics
Low
154.26
High
161.95
Forward P/E
64.06
Beta
2.63
Short ratio
2.16
Inst. own
73.26%
Dividend
0.00
Ex-div date
Earnings
Nov 3, 2026
50-d avg
152.57
200-d avg
129.89
1y target
176.77

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SHOP five-day price chart154.3158.5162.8167.1171.4Oct 26Oct 27Oct 28Oct 29Oct 30

Financial health

Altman Z-Score

71.01 Safe zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

7 / 9 Strong

Nine pass/fail tests of profitability, leverage and efficiency.

FMP rating

B3 / 5 overall

  • DCF 2
  • Return on Equity 4
  • Return on Assets 5
  • Debt / Equity 4
  • P/E 1
  • P/B 1

Valuation

P/E 169×
FY 2016: -102×FY 2017: -252×FY 2018: -227×FY 2019: -361×FY 2020: 419×FY 2021: 59.4×FY 2022: -12.7×FY 2023: 779×FY 2024: 68.2×FY 2025: 169×
FY 2016 5y median 68.2× FY 2025
P/S 18.1×
FY 2016: 9.2×FY 2017: 15.0×FY 2018: 13.6×FY 2019: 28.5×FY 2020: 46.2×FY 2021: 37.2×FY 2022: 7.8×FY 2023: 14.1×FY 2024: 15.5×FY 2025: 18.1×
FY 2016 5y median 15.5× FY 2025
P/B 15.5×
FY 2016: 8.8×FY 2017: 10.1×FY 2018: 7.0×FY 2019: 14.9×FY 2020: 21.1×FY 2021: 15.4×FY 2022: 5.3×FY 2023: 11.0×FY 2024: 11.9×FY 2025: 15.5×
FY 2016 5y median 11.9× FY 2025
P/FCF 104×
FY 2016: -295×FY 2017: -618×FY 2018: -454×FY 2019: 5468×FY 2020: 353×FY 2021: 354×FY 2022: -236×FY 2023: 110×FY 2024: 86.2×FY 2025: 104×
FY 2016 5y median 104× FY 2025
EV/EBITDA 108×
FY 2016: -152×FY 2017: -387×FY 2018: -220×FY 2019: -739×FY 2020: 419×FY 2021: 53.1×FY 2022: -73.6×FY 2023: 691×FY 2024: 107×FY 2025: 108×
FY 2016 5y median 107× FY 2025
EV/Sales 18.0×
FY 2016: 9.1×FY 2017: 14.8×FY 2018: 13.3×FY 2019: 28.2×FY 2020: 45.6×FY 2021: 36.9×FY 2022: 7.8×FY 2023: 14.1×FY 2024: 15.5×FY 2025: 18.0×
FY 2016 5y median 15.5× FY 2025
FCF Yield 1.0%
FY 2016: -0.3%FY 2017: -0.2%FY 2018: -0.2%FY 2019: 0.0%FY 2020: 0.3%FY 2021: 0.3%FY 2022: -0.4%FY 2023: 0.9%FY 2024: 1.2%FY 2025: 1.0%
FY 2016 5y median 0.9% FY 2025

Profitability

Gross Margin 48.1%
FY 2016: 53.8%FY 2017: 56.5%FY 2018: 55.6%FY 2019: 54.9%FY 2020: 52.6%FY 2021: 53.8%FY 2022: 49.2%FY 2023: 49.8%FY 2024: 50.4%FY 2025: 48.1%
FY 2016 5y median 49.8% FY 2025
Operating Margin 12.7%
FY 2016: -9.5%FY 2017: -7.3%FY 2018: -8.6%FY 2019: -8.9%FY 2020: 3.1%FY 2021: 5.8%FY 2022: -14.7%FY 2023: -20.1%FY 2024: 12.1%FY 2025: 12.7%
FY 2016 5y median 5.8% FY 2025
Net Margin 10.7%
FY 2016: -9.1%FY 2017: -5.9%FY 2018: -6.0%FY 2019: -7.9%FY 2020: 10.9%FY 2021: 63.2%FY 2022: -61.8%FY 2023: 1.9%FY 2024: 22.7%FY 2025: 10.7%
FY 2016 5y median 10.7% FY 2025
ROE 9.1%
FY 2016: -8.6%FY 2017: -4.0%FY 2018: -3.1%FY 2019: -4.1%FY 2020: 5.0%FY 2021: 26.2%FY 2022: -42.0%FY 2023: 1.5%FY 2024: 17.5%FY 2025: 9.1%
FY 2016 5y median 9.1% FY 2025
ROIC 8.7%
FY 2016: -8.7%FY 2017: -4.8%FY 2018: -4.3%FY 2019: -4.4%FY 2020: 1.2%FY 2021: 2.0%FY 2022: -7.9%FY 2023: -9.7%FY 2024: 7.5%FY 2025: 8.7%
FY 2016 5y median 2.0% FY 2025
ROA 8.1%
FY 2016: -7.2%FY 2017: -3.6%FY 2018: -2.9%FY 2019: -3.6%FY 2020: 4.1%FY 2021: 21.8%FY 2022: -32.2%FY 2023: 1.2%FY 2024: 14.5%FY 2025: 8.1%
FY 2016 5y median 8.1% FY 2025

Growth (YoY)

Revenue 30.1%
FY 2016: 89.7%FY 2017: 72.9%FY 2018: 59.4%FY 2019: 47.0%FY 2020: 85.6%FY 2021: 57.4%FY 2022: 21.4%FY 2023: 26.1%FY 2024: 25.8%FY 2025: 30.1%
FY 2016 FY 2025
Operating Income 36.6%
FY 2016: -109.3%FY 2017: -32.3%FY 2018: -87.0%FY 2019: -53.6%FY 2020: 163.9%FY 2021: 198.0%FY 2022: -406.0%FY 2023: -72.5%FY 2024: 175.8%FY 2025: 36.6%
FY 2016 FY 2025
EPS (diluted) -39.4%
FY 2016: -38.5%FY 2017: 0.7%FY 2018: -46.2%FY 2019: -80.0%FY 2020: 336.4%FY 2021: 773.1%FY 2022: -220.3%FY 2023: 103.7%FY 2024: 1450.0%FY 2025: -39.4%
FY 2016 FY 2025
Free Cash Flow 25.7%
FY 2016: -131.4%FY 2017: -33.9%FY 2018: -96.9%FY 2019: 125.5%FY 2020: 4560.1%FY 2021: 26.6%FY 2022: -138.4%FY 2023: 586.6%FY 2024: 76.5%FY 2025: 25.7%
FY 2016 FY 2025

Financial Health

Current Ratio 6.0×
FY 2016: 6.4×FY 2017: 10.8×FY 2018: 15.4×FY 2019: 8.7×FY 2020: 15.7×FY 2021: 12.2×FY 2022: 7.1×FY 2023: 7.0×FY 2024: 3.7×FY 2025: 6.0×
FY 2016 5y median 7.0× FY 2025
Quick Ratio 5.9×
FY 2016: 6.4×FY 2017: 10.8×FY 2018: 15.4×FY 2019: 8.7×FY 2020: 15.7×FY 2021: 12.2×FY 2022: 7.1×FY 2023: 7.0×FY 2024: 3.7×FY 2025: 5.9×
FY 2016 5y median 7.0× FY 2025
Debt / Equity 0.0×
FY 2016: 0.0×FY 2017: 0.0×FY 2018: 0.0×FY 2019: 0.1×FY 2020: 0.1×FY 2021: 0.1×FY 2022: 0.2×FY 2023: 0.1×FY 2024: 0.1×FY 2025: 0.0×
FY 2016 5y median 0.1× FY 2025
Net Debt / EBITDA -0.7×
FY 2016: 3.0×FY 2017: 4.9×FY 2018: 5.9×FY 2019: 8.3×FY 2020: -5.6×FY 2021: -0.4×FY 2022: 0.4×FY 2023: -1.8×FY 2024: -0.3×FY 2025: -0.7×
FY 2016 5y median -0.4× FY 2025
Interest Coverage 0.0×
FY 2016: 0.0×FY 2017: 0.0×FY 2018: 0.0×FY 2019: 0.0×FY 2020: 9.4×FY 2021: 77.6×FY 2022: -715×FY 2023: 0.0×FY 2024: 0.0×FY 2025: 0.0×
FY 2016 5y median 0.0× FY 2025

Dividends

Dividend Yield 0.0%
FY 2016: 0.0%FY 2017: 0.0%FY 2018: 0.0%FY 2019: 0.0%FY 2020: 0.0%FY 2021: 0.0%FY 2022: 0.0%FY 2023: 0.0%FY 2024: 0.0%FY 2025: 0.0%
FY 2016 5y median 0.0% FY 2025
Payout Ratio 0.0%
FY 2016: 0.0%FY 2017: 0.0%FY 2018: 0.0%FY 2019: 0.0%FY 2020: 0.0%FY 2021: 0.0%FY 2022: 0.0%FY 2023: 0.0%FY 2024: 0.0%FY 2025: 0.0%
FY 2016 5y median 0.0% FY 2025

Annual · latest fiscal year ends 2025-12-31