StockDecks
SHOP

Shopify Inc.

Technology · Software - Application

+19
Fundamental Score
An equal-weight average of the four ratings below, on a −100 to +100 scale. Shopify Inc. sits around the middle of our range.

The four fundamentals ratings

Each rating is built from the measures listed beneath it. Values are the latest reported figures; the rating beside each one is how that measure scores on our −100 to +100 scale.

Financial Health+51

Debt levels, liquidity and how solid the balance sheet looks.

Debt to equity0.01 ×-96
Current ratio5.35 ×+99
Quick ratio3.72 ×+99
FCF / Total debt8.92 ×+100
Profitability+2

Margins, and the returns being earned on the capital employed.

Gross margin47.8 %-26
Operating margin17.6 %-15
Net margin14.5 %-4
Return on equity15.5 %-17
Gross profit / assets36.6 %+33
Asset turnover0.76 ×—
Profit vs cash flow$1.2B profit, generated $2.0B cash — profits fully cash-backed+39
Growth+95

The direction and pace of revenue and earnings.

Revenue growth (YoY)33.7 %+93
Earnings growth (YoY)68.1 %+96
Earnings growth (Q)65.8 %+96
Valuation-74

What you pay relative to what the business actually delivers.

P/E (trailing)117.55 ×-94
Forward P/E70.85 ×-92
PEG ratio1.73 ×-14
Price/Book17.68 ×-97
Price/Sales17.01 ×-48
EV/EBITDA89.91 ×-97
FCF yield0.7 %-74

Key figures

SectorTechnology
IndustrySoftware - Application
Market cap$225.8B
Dividend yield0.00%
Payout ratio0.00%
Beta2.63

About Shopify Inc.

Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.

See the live card

The figures above were captured on 20 October 2026. Open SHOP in StockDecks for the current numbers, plus the four ratings it doesn't show here — Hype, Analyst Upside, Trend Signals and Insider Track — all free.

Open SHOP on StockDecks

Premium adds the Full Score and Custom Score, which combine these fundamentals with the other ratings into a single number.

Other Technology companies