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SHOP Shopify Inc NYSE
73.86 USD 1.43% +1.04
OPEN 72.50
DAY RANGE 73.99 - 71.74
52 WEEK RANGE 75.06 - 32.35
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Valuations metrics

Market capitalization 94.9B
Enterprise value 91.1B
Trailing pe -27.062271062271
Forward pe 71.01923
Peg ratio 71.01923
Price to sales ttm 14.262122
Price to book mrq 11.451163
Enterprise to revenue 13.697
Enterprise to ebitda -1182.549


Fiscal year ends 2022-12-31
Most recent quarter 2023-09-30
Profit margin -0.17267
Operating margin 0.13069001
Return on assets ttm -0.00949
Return on equity ttm -0.13529
Income statement
Revenue ttm 6.7B
Revenue per share ttm 5.202
Quarterly revenue growth 0.255
Gross profit ttm 2.8B
Ebitda -77036000
Net income to common ttm -1148418048
Diluted eps ttm -0.9
Quarterly earnings growth yoy 0.2545747328356
Balance sheet
Total cash mrq 4.9B
Total cash per share mrq 3.828
Total debt mrq 1.1B
Total debt to equity mrq 13.544
Current ratio mrq 7.231
Book value per share mrq 6.45
Cash flow
Operating cash flow ttm 593.6M
Levered free cash flow ttm 376.3M

Stock statistics

Shares outstanding 1.2B
Float shares 1.2B
Avg 10 volume 10.6M
Avg 30 volume 12.8M
Shares short 26.2M
Short ratio 1.92
Short percent of shares outstanding 0.0365
Percent held by insiders 0.0022200001
Percent held by institutions 0.65866995

Stock price summary

Fifty two week low 32.35
Fifty two week high 75.06
Fifty two week change 44.774
Beta 2.079
Day 50 ma 57.7432
Day 200 ma 56.20495

Dividends and splits

Last split factor 10-for-1 split
Last split date 2022-06-29

Shopify Inc. (SHOP) Company Profile

Shopify Inc. is a cloud-based company that operates as multiple commerce channels meant for small and medium-sized businesses. The company was founded in 2004 with headquarters in Ottawa, Canada, by Tobias Lütke, Daniel Weinand, and Scott Lake. The company went public on May 20, 2015, and it trades on the New York Stock Exchange (NYSE) under the ticker SHOP. 

Shopify provides software for merchants to run their businesses across multiple channels, including the web, tablet, mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops.

The platform offers merchants a single view of business and enables them to manage products and inventory, process orders and payments, build customer relationships, and leverage analytics and reporting. The system also includes a mobile-optimized checkout system, designed to enable merchants’ consumers to buy products over mobile websites. 

Shopify main competitors

  • BigCommerce
  • Volusion
  • WooCommerce
  • Square Online
  • Weebly

Shopify key milestone

By 2014, Shopify had hosted approximately 120,000 online retailers. The achievement led to Shopify being listed as the 3rd Deloitte’s Fast50 in Canada and number 7 in Deloitte’s Fast 500 of North America. 

On April 14, 2015, Shopify filed for an initial public offering (IPO) on the New York Stock Exchange and Toronto Stock Exchange (TSE). After going public on May 21, 2015, and in its debut on the New York Stock Exchange, Shopify started trading at $28, more than 60% higher than its US$17 offering price. The IPO raised over $131 million.

On September 9, 2019, Shopify acquired River Systems, a Massachusetts-based fulfillment solutions firm. After finalizing the deal, it emerged that there was a cash-and-share deal worth US$450 million, making it Shopify’s largest acquisition. 

 Shopify Frequently Asked Questions

Does Shopify pay dividends?

Since going public, Shopify has never paid dividends. All revenue is redirected into expanding the business and other operations.

Why is Shopify successful?

Shopify’s success is due to its ability to anticipate what the market will want and respond quickly with helpful products.

Is Shopify the most valuable Canadian company?

Yes. In May 2020, Shopify displaced the Royal Bank of Canada as the country’s most valuable company after the market cap surpassed $120 billion.