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Shopify Inc. (SHOP) Free Cash Flow Yield: 1.51%

Is Shopify Inc.’s free cash flow yield high or low?

Shopify Inc.'s free cash flow yield of 1.51% is 94% above its 5-year average of 0.78%, near the high end of its 5-year range (0.11%–1.71%).

The free cash flow yield for Shopify Inc. (SHOP) is 1.51% as of Wednesday, June 10, 2026. It is above its 12-month average by 36.33% (1.11%).

SHOP Free Cash Flow Yield Chart

SHOP Free Cash Flow Yield
1.51%+24.79% 1Y
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SHOP Average Free Cash Flow Yield Chart

SHOP Current vs Average Free Cash Flow Yield Chart

SHOP Free Cash Flow Yield Metrics

FREE CASH FLOW YIELD

1.51%

FREE CASH FLOW YIELD AVG TTM

1.11%

FREE CASH FLOW YIELD AVG 3Y

0.98%

FREE CASH FLOW YIELD AVG 5Y

0.78%

FREE CASH FLOW YIELD AVG 10Y

0.61%

FREE CASH FLOW YIELD AVG 15Y

0.61%

FREE CASH FLOW YIELD AVG 20Y

0.61%

CURRENT VS TTM AVG

+36.33%

CURRENT VS 3Y AVG

+53.49%

CURRENT VS 5Y AVG

+93.83%

CURRENT VS 10Y AVG

+147.30%

CURRENT VS 15Y AVG

+147.30%

CURRENT VS 20Y AVG

+147.30%

SHOP Competitors' Free Cash Flow Yield

NAMEMARKET CAPFREE CASH FLOW YIELDTTM3Y5Y
Shopify Inc. (SHOP)$140.41B1.51%1.11%0.98%0.78%
Salesforce, Inc. (CRM)$141.00B9.78%6.29%4.67%3.99%
Uber Technologies, Inc. (UBER)$139.66B6.90%5.06%3.55%2.98%
CrowdStrike Holdings, Inc. (CRWD)$164.89B0.87%0.94%1.26%1.28%
Western Digital Corporation (WDC)$167.87B1.57%2.80%2.96%5.36%
ServiceNow, Inc. (NOW)$109.38B4.20%2.91%2.17%2.05%
Cadence Design Systems, Inc. (CDNS)$105.80B1.36%1.71%1.57%1.83%
Accenture plc (ACN)$104.93B11.78%7.74%5.46%4.97%
Fortinet, Inc. (FTNT)$101.91B2.36%3.14%3.23%2.95%
Palo Alto Networks, Inc. (PANW)$179.39B2.19%2.77%2.71%3.01%

Yield Comparison

FCF Yield

1.51%

Earnings Yield

0.94%

Dividend Yield

N/A

Formula: FCF Yield = (Free Cash Flow / Market Cap) × 100

How FCF Yield is used:

  • Shows free cash flow after capital expenditures relative to market cap
  • Can be compared with earnings yield and dividend yield
  • Can be compared with the company's historical range
  • Can be compared with peers that report positive free cash flow

FCF vs earnings: Differences between FCF yield and earnings yield can reflect capital expenditures, working capital changes, and other non-cash accounting items.

Shopify Inc. Free Cash Flow Yield Formula & Definition

FCF Yield measures free cash flow relative to market capitalization. It compares cash generation after capital expenditures with the equity value of the company.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Shopify Inc. Free Cash Flow Yield FAQ

What is the free cash flow yield for Shopify Inc. (SHOP)?
The free cash flow yield for SHOP stock is 1.51%.
Is Shopify Inc.'s free cash flow yield high or low?
Shopify Inc.'s free cash flow yield of 1.51% is 94% above its 5-year average of 0.78%, near the high end of its 5-year range (0.11%–1.71%).
What is the TTM average free cash flow yield for Shopify Inc. (SHOP)?
The TTM average free cash flow yield for SHOP stock is 1.11%.
What is the 3Y average free cash flow yield for Shopify Inc. (SHOP)?
The 3Y average free cash flow yield for SHOP stock is 0.98%.
What is the 5Y average free cash flow yield for Shopify Inc. (SHOP)?
The 5Y average free cash flow yield for SHOP stock is 0.78%.
What is the 10Y average free cash flow yield for Shopify Inc. (SHOP)?
The 10Y average free cash flow yield for SHOP stock is 0.61%.
What is the 15Y average free cash flow yield for Shopify Inc. (SHOP)?
The 15Y average free cash flow yield for SHOP stock is 0.61%.
What is the 20Y average free cash flow yield for Shopify Inc. (SHOP)?
The 20Y average free cash flow yield for SHOP stock is 0.61%.

Shopify Inc. Free Cash Flow Yield History

DATEFREE CASH FLOW YIELD
2026-06-101.51%
2026-06-091.48%
2026-06-081.47%
2026-06-051.49%
2026-06-041.41%
2026-06-031.45%
2026-06-021.40%
2026-06-011.32%
2026-05-291.38%
2026-05-281.42%
2026-05-271.53%
2026-05-261.56%
2026-05-221.59%
2026-05-211.56%
2026-05-201.55%
2026-05-191.62%
2026-05-181.59%
2026-05-151.63%
2026-05-141.68%
2026-05-131.71%
2026-05-121.64%
2026-05-111.59%
2026-05-081.48%
2026-05-071.46%
2026-05-061.55%
2026-05-051.52%
2026-05-041.21%
2026-05-011.21%
2026-04-301.27%
2026-04-291.27%
2026-04-281.27%
2026-04-271.24%
2026-04-241.23%
2026-04-231.24%
2026-04-221.17%
2026-04-211.18%
2026-04-201.14%
2026-04-171.18%
2026-04-161.22%
2026-04-151.21%
2026-04-141.31%
2026-04-131.34%
2026-04-101.39%
2026-04-091.37%
2026-04-081.29%
2026-04-071.32%
2026-04-061.30%
2026-04-021.31%
2026-04-011.30%
2026-03-311.30%
2026-03-301.38%
2026-03-271.38%
2026-03-261.34%
2026-03-251.30%
2026-03-241.33%
2026-03-231.28%
2026-03-201.32%
2026-03-191.26%
2026-03-181.25%
2026-03-171.21%
2026-03-161.22%
2026-03-131.26%
2026-03-121.22%
2026-03-111.19%
2026-03-101.19%
2026-03-091.16%
2026-03-061.19%
2026-03-051.15%
2026-03-041.19%
2026-03-031.27%
2026-03-021.29%
2026-02-271.28%
2026-02-261.23%
2026-02-251.28%
2026-02-241.32%
2026-02-231.32%
2026-02-201.22%
2026-02-191.25%
2026-02-181.27%
2026-02-171.36%
2026-02-131.37%
2026-02-121.40%
2026-02-111.30%
2026-02-101.14%
2026-02-091.23%
2026-02-061.30%
2026-02-051.31%
2026-02-041.28%
2026-02-031.22%
2026-02-021.10%
2026-01-301.11%
2026-01-291.01%
2026-01-281.05%
2026-01-271.06%
2026-01-261.07%
2026-01-231.06%
2026-01-221.06%
2026-01-211.05%
2026-01-201.01%
2026-01-160.93%
2026-01-150.92%
2026-01-140.92%
2026-01-130.87%
2026-01-120.87%
2026-01-090.88%
2026-01-080.86%
2026-01-070.87%
2026-01-060.86%
2026-01-050.88%
2026-01-020.93%
2025-12-310.90%
2025-12-300.89%
2025-12-290.87%
2025-12-260.85%
2025-12-240.86%
2025-12-230.86%
2025-12-220.86%
2025-12-190.86%
2025-12-180.87%
2025-12-170.90%
2025-12-160.89%
2025-12-150.91%
2025-12-120.89%
2025-12-110.88%
2025-12-100.86%
2025-12-090.91%
2025-12-080.92%
2025-12-050.90%
2025-12-040.90%
2025-12-030.91%
2025-12-020.93%
2025-12-010.98%
2025-11-280.92%
2025-11-260.91%
2025-11-250.92%
2025-11-240.94%
2025-11-210.98%
2025-11-201.01%
2025-11-191.00%
2025-11-181.04%
2025-11-171.04%
2025-11-141.00%
2025-11-130.99%
2025-11-120.93%
2025-11-110.92%
2025-11-100.92%
2025-11-070.96%
2025-11-060.93%
2025-11-050.89%
2025-11-040.90%
2025-11-030.81%
2025-10-310.80%
2025-10-300.80%
2025-10-290.78%
2025-10-280.78%
2025-10-270.80%
2025-10-240.81%
2025-10-230.83%
2025-10-220.86%
2025-10-210.86%
2025-10-200.85%
2025-10-170.88%
2025-10-160.89%
2025-10-150.89%
2025-10-140.91%
2025-10-130.91%
2025-10-100.92%
2025-10-090.85%
2025-10-080.84%
2025-10-070.86%
2025-10-060.85%
2025-10-030.87%
2025-10-020.92%
2025-10-010.93%
2025-09-300.94%
2025-09-290.94%
2025-09-260.99%
2025-09-250.97%
2025-09-240.94%
2025-09-230.93%
2025-09-220.89%
2025-09-190.91%
2025-09-180.92%
2025-09-170.94%
2025-09-160.95%
2025-09-150.94%
2025-09-120.97%
2025-09-110.96%
2025-09-100.98%
2025-09-090.97%
2025-09-080.95%
2025-09-050.95%
2025-09-040.96%
2025-09-030.99%
2025-09-021.00%
2025-08-290.99%
2025-08-280.99%
2025-08-271.00%
2025-08-260.99%
2025-08-250.99%
2025-08-220.98%
2025-08-211.02%
2025-08-201.02%
2025-08-191.00%
2025-08-180.97%
2025-08-150.99%
2025-08-140.97%
2025-08-130.93%
2025-08-120.93%
2025-08-110.95%
2025-08-080.93%
2025-08-070.92%
2025-08-060.90%
2025-08-051.05%
2025-08-041.07%
2025-08-011.12%
2025-07-311.09%
2025-07-301.08%
2025-07-291.07%
2025-07-281.05%
2025-07-251.07%
2025-07-241.09%
2025-07-231.09%
2025-07-221.08%
2025-07-211.04%
2025-07-181.05%
2025-07-171.05%
2025-07-161.11%
2025-07-151.16%
2025-07-141.14%
2025-07-111.19%
2025-07-101.16%
2025-07-091.17%
2025-07-081.19%
2025-07-071.14%
2025-07-031.14%
2025-07-021.16%
2025-07-011.18%
2025-06-301.16%
2025-06-271.17%
2025-06-261.18%
2025-06-251.17%
2025-06-241.17%
2025-06-231.21%
2025-06-201.25%
2025-06-181.26%
2025-06-171.25%
2025-06-161.23%
2025-06-131.27%
2025-06-121.22%
2025-06-111.17%
2025-06-101.21%
2025-06-091.24%
2025-06-061.20%
2025-06-051.27%
2025-06-041.29%
2025-06-031.27%
2025-06-021.25%
2025-05-301.24%
2025-05-291.24%

Showing the most recent 260 of 1,507 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