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Shopify Inc. (SHOP) Earnings Yield: 0.92%

Is Shopify Inc.’s earnings yield high or low?

Shopify Inc.'s earnings yield of 0.92% is in line with its 5-year average of 0.89%, near the low end of its 5-year range (0.11%–5.48%).

The earnings yield for Shopify Inc. (SHOP) is 0.92% as of Wednesday, June 10, 2026. It is below its 12-month average by 5.64% (0.98%).

SHOP Earnings Yield Chart

SHOP Earnings Yield
0.92%-20.00% 1Y
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SHOP Average Earnings Yield Chart

SHOP Current vs Average Earnings Yield Chart

SHOP Earnings Yield Metrics

EARNINGS YIELD

0.92%

EARNINGS YIELD AVG TTM

0.98%

EARNINGS YIELD AVG 3Y

0.71%

EARNINGS YIELD AVG 5Y

0.89%

EARNINGS YIELD AVG 10Y

0.83%

EARNINGS YIELD AVG 15Y

0.83%

EARNINGS YIELD AVG 20Y

0.83%

CURRENT VS TTM AVG

-5.64%

CURRENT VS 3Y AVG

+29.86%

CURRENT VS 5Y AVG

+3.36%

CURRENT VS 10Y AVG

+10.71%

CURRENT VS 15Y AVG

+10.71%

CURRENT VS 20Y AVG

+10.71%

SHOP Competitors' Earnings Yield

NAMEMARKET CAPEARNINGS YIELDTTM3Y5Y
Shopify Inc. (SHOP)0.92%0.98%0.71%0.89%
Uber Technologies, Inc. (UBER)$143.27B5.70%7.03%4.20%4.20%
Salesforce, Inc. (CRM)$143.61B4.92%3.27%2.09%1.54%
CrowdStrike Holdings, Inc. (CRWD)$164.18B0.08%0.11%0.14%0.14%
ServiceNow, Inc. (NOW)$110.32B1.57%1.17%1.00%0.69%
Palo Alto Networks, Inc. (PANW)$177.55B0.44%0.89%1.19%0.72%
Western Digital Corporation (WDC)$178.45B3.30%4.50%5.93%8.07%
Cadence Design Systems, Inc. (CDNS)$107.82B1.10%1.22%1.30%1.43%
Accenture plc (ACN)$106.76B7.04%5.26%4.03%3.75%
Fortinet, Inc. (FTNT)$101.39B1.87%2.81%2.43%2.00%

Earnings Yield vs P/E Ratio

Earnings Yield

0.92%

EPS ÷ Price

P/E Ratio

108.3

Price ÷ EPS

Formula: Earnings Yield = (EPS / Price) × 100

Earnings Yield is simply the inverse of P/E. A P/E of 20 equals a 5% earnings yield.

How earnings yield is used:

  • It expresses earnings relative to share price as a percentage
  • It can be compared with FCF yield and dividend yield
  • It can be compared with bond yields because both are percentages
  • It is mathematically the inverse of the P/E ratio

Shopify Inc. Earnings Yield Formula & Definition

Earnings Yield = EPS (TTM) / Share Price

Earnings yield is the inverse of the PE ratio, expressing trailing earnings as a percentage of price. Higher is cheaper.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Shopify Inc. Earnings Yield FAQ

What is the earnings yield for Shopify Inc. (SHOP)?
The earnings yield for SHOP stock is 0.92%.
Is Shopify Inc.'s earnings yield high or low?
Shopify Inc.'s earnings yield of 0.92% is in line with its 5-year average of 0.89%, near the low end of its 5-year range (0.11%–5.48%).
What is the TTM average earnings yield for Shopify Inc. (SHOP)?
The TTM average earnings yield for SHOP stock is 0.98%.
What is the 3Y average earnings yield for Shopify Inc. (SHOP)?
The 3Y average earnings yield for SHOP stock is 0.71%.
What is the 5Y average earnings yield for Shopify Inc. (SHOP)?
The 5Y average earnings yield for SHOP stock is 0.89%.
What is the 10Y average earnings yield for Shopify Inc. (SHOP)?
The 10Y average earnings yield for SHOP stock is 0.83%.
What is the 15Y average earnings yield for Shopify Inc. (SHOP)?
The 15Y average earnings yield for SHOP stock is 0.83%.
What is the 20Y average earnings yield for Shopify Inc. (SHOP)?
The 20Y average earnings yield for SHOP stock is 0.83%.

Shopify Inc. Earnings Yield History

DATEEARNINGS YIELD
2026-06-090.92%
2026-06-080.92%
2026-06-050.93%
2026-06-040.88%
2026-06-030.90%
2026-06-020.87%
2026-06-010.82%
2026-05-290.86%
2026-05-280.89%
2026-05-270.96%
2026-05-260.97%
2026-05-220.99%
2026-05-210.97%
2026-05-200.97%
2026-05-191.01%
2026-05-181.00%
2026-05-151.02%
2026-05-141.05%
2026-05-131.07%
2026-05-121.02%
2026-05-110.99%
2026-05-080.92%
2026-05-070.91%
2026-05-060.97%
2026-05-050.95%
2026-05-040.74%
2026-05-010.74%
2026-04-300.78%
2026-04-290.78%
2026-04-280.77%
2026-04-270.76%
2026-04-240.75%
2026-04-230.76%
2026-04-220.71%
2026-04-210.72%
2026-04-200.70%
2026-04-170.72%
2026-04-160.74%
2026-04-150.74%
2026-04-140.80%
2026-04-130.82%
2026-04-100.85%
2026-04-090.84%
2026-04-080.78%
2026-04-070.80%
2026-04-060.79%
2026-04-020.79%
2026-04-010.79%
2026-03-310.79%
2026-03-300.84%
2026-03-270.84%
2026-03-260.81%
2026-03-250.79%
2026-03-240.81%
2026-03-230.78%
2026-03-200.80%
2026-03-190.77%
2026-03-180.76%
2026-03-170.74%
2026-03-160.74%
2026-03-130.76%
2026-03-120.75%
2026-03-110.73%
2026-03-100.73%
2026-03-090.70%
2026-03-060.72%
2026-03-050.70%
2026-03-040.73%
2026-03-030.77%
2026-03-020.79%
2026-02-270.78%
2026-02-260.75%
2026-02-250.78%
2026-02-240.80%
2026-02-230.80%
2026-02-200.74%
2026-02-190.76%
2026-02-180.77%
2026-02-170.83%
2026-02-130.83%
2026-02-120.85%
2026-02-110.79%
2026-02-101.07%
2026-02-091.15%
2026-02-061.21%
2026-02-051.22%
2026-02-041.19%
2026-02-031.14%
2026-02-021.03%
2026-01-301.04%
2026-01-290.95%
2026-01-280.98%
2026-01-270.99%
2026-01-261.00%
2026-01-230.99%
2026-01-220.99%
2026-01-210.98%
2026-01-200.94%
2026-01-160.87%
2026-01-150.86%
2026-01-140.86%
2026-01-130.81%
2026-01-120.81%
2026-01-090.83%
2026-01-080.81%
2026-01-070.82%
2026-01-060.81%
2026-01-050.82%
2026-01-020.87%
2025-12-310.84%
2025-12-300.83%
2025-12-290.81%
2025-12-260.80%
2025-12-240.80%
2025-12-230.80%
2025-12-220.80%
2025-12-190.80%
2025-12-180.82%
2025-12-170.84%
2025-12-160.83%
2025-12-150.85%
2025-12-120.83%
2025-12-110.83%
2025-12-100.81%
2025-12-090.85%
2025-12-080.86%
2025-12-050.84%
2025-12-040.84%
2025-12-030.85%
2025-12-020.87%
2025-12-010.91%
2025-11-280.86%
2025-11-260.85%
2025-11-250.86%
2025-11-240.88%
2025-11-210.92%
2025-11-200.94%
2025-11-190.93%
2025-11-180.97%
2025-11-170.97%
2025-11-140.93%
2025-11-130.93%
2025-11-120.87%
2025-11-110.86%
2025-11-100.86%
2025-11-070.89%
2025-11-060.87%
2025-11-050.83%
2025-11-040.85%
2025-11-031.04%
2025-10-311.04%
2025-10-301.04%
2025-10-291.01%
2025-10-281.01%
2025-10-271.03%
2025-10-241.04%
2025-10-231.08%
2025-10-221.11%
2025-10-211.11%
2025-10-201.09%
2025-10-171.14%
2025-10-161.15%
2025-10-151.15%
2025-10-141.18%
2025-10-131.17%
2025-10-101.19%
2025-10-091.10%
2025-10-081.08%
2025-10-071.12%
2025-10-061.09%
2025-10-031.12%
2025-10-021.19%
2025-10-011.20%
2025-09-301.21%
2025-09-291.21%
2025-09-261.28%
2025-09-251.25%
2025-09-241.21%
2025-09-231.20%
2025-09-221.15%
2025-09-191.17%
2025-09-181.18%
2025-09-171.22%
2025-09-161.22%
2025-09-151.22%
2025-09-121.26%
2025-09-111.24%
2025-09-101.27%
2025-09-091.25%
2025-09-081.23%
2025-09-051.23%
2025-09-041.24%
2025-09-031.28%
2025-09-021.29%
2025-08-291.27%
2025-08-281.27%
2025-08-271.29%
2025-08-261.28%
2025-08-251.28%
2025-08-221.27%
2025-08-211.32%
2025-08-201.31%
2025-08-191.29%
2025-08-181.26%
2025-08-151.27%
2025-08-141.25%
2025-08-131.20%
2025-08-121.21%
2025-08-111.22%
2025-08-081.20%
2025-08-071.19%
2025-08-061.16%
2025-08-050.98%
2025-08-040.99%
2025-08-011.05%
2025-07-311.01%
2025-07-301.01%
2025-07-290.99%
2025-07-280.98%
2025-07-251.00%
2025-07-241.02%
2025-07-231.01%
2025-07-221.00%
2025-07-210.97%
2025-07-180.98%
2025-07-170.98%
2025-07-161.03%
2025-07-151.08%
2025-07-141.06%
2025-07-111.11%
2025-07-101.08%
2025-07-091.08%
2025-07-081.10%
2025-07-071.06%
2025-07-031.06%
2025-07-021.08%
2025-07-011.10%
2025-06-301.08%
2025-06-271.09%
2025-06-261.10%
2025-06-251.09%
2025-06-241.08%
2025-06-231.13%
2025-06-201.17%
2025-06-181.17%
2025-06-171.16%
2025-06-161.14%
2025-06-131.18%
2025-06-121.14%
2025-06-111.09%
2025-06-101.12%
2025-06-091.15%
2025-06-061.11%
2025-06-051.18%
2025-06-041.20%
2025-06-031.18%
2025-06-021.16%
2025-05-301.16%
2025-05-291.15%
2025-05-281.16%

Showing the most recent 260 of 1,408 data points. The chart above shows the full history.

About Shopify Inc.

Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Beyond sales, the platform streamlines crucial business operations such as product and inventory management, order and payment processing, fulfillment and shipping logistics, attracting new customers and fostering client relationships, product sourcing, analytical reporting, financial administration encompassing cash, payments, and transactions, and facilitating access to working capital. Additionally, Shopify offers supplementary services like the sale of custom website themes and applications, alongside domain name registration. Its merchant-focused solutions also cover payment acceptance, efficient shipping and order fulfillment, and aid in securing necessary operating funds. Founded in 2004 under the initial name Jaded Pixel Technologies Inc., the company officially rebranded to Shopify Inc. in November 2011. Its global headquarters are located in Ottawa, Canada.

Ottawa, ON
8,100 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Tobias Lutke