shopify inc. - SHOP

SHOP

Close Chg Chg %
90.62 4.27 4.71%

Closed Market

94.89

+4.27 (4.71%)

Volume: 7.07M

Last Updated:

Mar 14, 2025, 3:59 PM EDT

Company Overview: shopify inc. - SHOP

SHOP Key Data

Open

$94.39

Day Range

93.06 - 95.83

52 Week Range

48.67 - 129.36

Market Cap

$117.30B

Shares Outstanding

1.29B

Public Float

1.21B

Beta

2.60

Rev. Per Employee

N/A

P/E Ratio

62.23

EPS

$1.56

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

9.51M

 

SHOP Performance

1 Week
 
-9.53%
 
1 Month
 
-29.42%
 
3 Months
 
-20.97%
 
1 Year
 
17.42%
 
5 Years
 
131.75%
 

SHOP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 55
Full Ratings ➔

About shopify inc. - SHOP

Shopify, Inc. engages in the cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar, and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.

SHOP At a Glance

Shopify, Inc.
151 O'Connor Street
Ottawa, Ontario K2P 2L8
Phone 1-613-241-2828 Revenue 8.88B
Industry Information Technology Services Net Income 2.02B
Sector Technology Services 2024 Sales Growth 25.779%
Fiscal Year-end 12 / 2025 Employees 8,100
View SEC Filings

SHOP Valuation

P/E Current 62.225
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 68.572
Price to Sales Ratio 15.591
Price to Book Ratio 11.915
Price to Cash Flow Ratio 85.674
Enterprise Value to EBITDA 95.715
Enterprise Value to Sales 15.101
Total Debt to Enterprise Value 0.008

SHOP Efficiency

Revenue/Employee 1,096,296.296
Income Per Employee 249,259.259
Receivables Turnover 5.557
Total Asset Turnover 0.704

SHOP Liquidity

Current Ratio 3.679
Quick Ratio 3.666
Cash Ratio 2.801

SHOP Profitability

Gross Margin 50.09
Operating Margin 15.372
Pretax Margin 25.09
Net Margin 22.736
Return on Assets 16.009
Return on Equity 19.579
Return on Total Capital 15.918
Return on Invested Capital 18.399

SHOP Capital Structure

Total Debt to Total Equity 9.742
Total Debt to Total Capital 8.877
Total Debt to Total Assets 8.087
Long-Term Debt to Equity 1.644
Long-Term Debt to Total Capital 1.498
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Shopify Inc. - SHOP

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
4.61B 5.60B 7.06B 8.88B
Sales Growth
+57.43% +21.42% +26.07% +25.78%
Cost of Goods Sold (COGS) incl D&A
2.17B 2.88B 3.57B 4.43B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
66.31M 90.52M 70.00M 36.00M
Depreciation
41.83M 36.17M 28.00M 22.00M
Amortization of Intangibles
24.48M 54.35M 42.00M 14.00M
COGS Growth
+52.46% +32.62% +23.93% +24.04%
Gross Income
2.44B 2.72B 3.49B 4.45B
Gross Income Growth
+62.14% +11.44% +28.35% +27.56%
Gross Profit Margin
+52.86% +48.52% +49.39% +50.09%
2021 2022 2023 2024 5-year trend
SG&A Expense
2.11B 3.38B 3.40B 3.08B
Research & Development
846.53M 1.47B 1.71B 1.35B
Other SG&A
1.26B 1.91B 1.69B 1.73B
SGA Growth
+53.55% +60.20% +0.56% -9.32%
Other Operating Expense
- - - -
-
Unusual Expense
(2.78B) 3.13B 68.00M (706.00M)
EBIT after Unusual Expense
3.11B (3.80B) 19.00M 2.07B
Non Operating Income/Expense
38.49M 178.03M 166.00M 157.00M
Non-Operating Interest Income
15.36M 79.14M 241.00M 308.00M
Equity in Earnings of Affiliates
- - (58.00M) (138.00M)
-
Interest Expense
- - 3.49M 3.50M
-
Interest Expense Growth
- - -61.55% +0.17%
-
Gross Interest Expense
- - 3.49M 3.50M
-
Interest Capitalized
- - - -
-
Pretax Income
3.14B (3.62B) 185.00M 2.23B
Pretax Income Growth
+1,206.60% -215.36% +105.11% +1,104.32%
Pretax Margin
+68.10% -64.70% +2.62% +25.09%
Income Tax
225.93M (162.43M) 53.00M 209.00M
Income Tax - Current - Domestic
1.82M 508.00K (1.00M) 32.00M
Income Tax - Current - Foreign
33.16M 23.63M 55.00M 99.00M
Income Tax - Deferred - Domestic
191.59M (180.06M) 2.00M 72.00M
Income Tax - Deferred - Foreign
(626.00K) (6.51M) (3.00M) 6.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - (58.00M) (138.00M)
-
Other After Tax Income (Expense)
- - - 1.00M
-
Consolidated Net Income
2.91B (3.46B) 133.00M 2.02B
Minority Interest Expense
- - - -
-
Net Income
2.91B (3.46B) 133.00M 2.02B
Net Income Growth
+812.23% -218.72% +103.84% +1,418.05%
Net Margin Growth
+63.20% -61.79% +1.88% +22.74%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.91B (3.46B) 133.00M 2.02B
Preferred Dividends
- - - -
-
Net Income Available to Common
2.91B (3.46B) 133.00M 2.02B
EPS (Basic)
2.3381 -2.7328 0.1038 1.5653
EPS (Basic) Growth
+775.04% -216.88% +103.80% +1,408.00%
Basic Shares Outstanding
1.25B 1.27B 1.28B 1.29B
EPS (Diluted)
2.2884 -2.7328 0.1027 1.5513
EPS (Diluted) Growth
+784.23% -219.42% +103.76% +1,410.52%
Diluted Shares Outstanding
1.27B 1.27B 1.30B 1.30B
EBITDA
393.82M (573.64M) 157.00M 1.40B
EBITDA Growth
+97.66% -245.66% +127.37% +792.36%
EBITDA Margin
+8.54% -10.24% +2.22% +15.78%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 133.484
Number of Ratings 55 Current Quarters Estimate 0.266
FY Report Date 03 / 2025 Current Year's Estimate 1.512
Last Quarter’s Earnings 0.44 Median PE on CY Estimate N/A
Year Ago Earnings 1.257 Next Fiscal Year Estimate 1.905
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 32 32 43 41
Mean Estimate 0.27 0.33 1.51 1.90
High Estimates 0.37 0.43 2.00 2.68
Low Estimate 0.22 0.26 1.17 1.45
Coefficient of Variance 10.73 11.30 10.82 12.62

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 29 29 27
OVERWEIGHT 5 5 3
HOLD 17 17 20
UNDERWEIGHT 2 2 1
SELL 2 2 1
MEAN Overweight Overweight Overweight

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