Shopify Inc. (SHOP) Return on Equity (ROE): 10.62%
Is Shopify Inc.’s return on equity (ROE) high or low?
Shopify Inc.'s return on equity (ROE) of 10.62% is 270% above its 5-year average of 2.87%, near the high end of its 5-year range (-42.00%–26.18%).
The return on equity (ROE) for Shopify Inc. (SHOP) is 10.62% as of Wednesday, June 10, 2026. It is below its 12-month average by 20.18% (13.30%).
SHOP Return on Equity (ROE) Chart
SHOP Average Return on Equity (ROE) Chart
SHOP Current vs Average Return on Equity (ROE) Chart
SHOP Return on Equity (ROE) Metrics
RETURN ON EQUITY (ROE)
10.62%
RETURN ON EQUITY (ROE) AVG TTM
13.30%
RETURN ON EQUITY (ROE) AVG 3Y
-3.48%
RETURN ON EQUITY (ROE) AVG 5Y
2.87%
RETURN ON EQUITY (ROE) AVG 10Y
-1.11%
RETURN ON EQUITY (ROE) AVG 15Y
-3.63%
RETURN ON EQUITY (ROE) AVG 20Y
-3.63%
CURRENT VS TTM AVG
-20.18%
CURRENT VS 3Y AVG
+404.95%
CURRENT VS 5Y AVG
+269.61%
CURRENT VS 10Y AVG
+1055.97%
CURRENT VS 15Y AVG
+392.50%
CURRENT VS 20Y AVG
+392.50%
SHOP Competitors' Return on Equity (ROE)
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shopify Inc. (SHOP) | — | 10.62% | 13.30% | -3.48% | 2.87% |
| Salesforce, Inc. (CRM) | $141.00B | 23.44% | 11.37% | 7.51% | 7.05% |
| Uber Technologies, Inc. (UBER) | $139.66B | 34.50% | 41.45% | -6.22% | -13.89% |
| CrowdStrike Holdings, Inc. (CRWD) | $164.89B | -0.53% | -2.13% | -3.23% | -7.74% |
| Western Digital Corporation (WDC) | $167.87B | 67.00% | 13.83% | 6.24% | 5.00% |
| ServiceNow, Inc. (NOW) | $109.38B | 14.98% | 14.16% | 14.37% | 11.31% |
| Cadence Design Systems, Inc. (CDNS) | $105.80B | 17.85% | 21.42% | 26.09% | 25.57% |
| Accenture plc (ACN) | $104.93B | 24.61% | 25.14% | 27.04% | 28.07% |
| Fortinet, Inc. (FTNT) | $101.91B | 197.48% | 133.30% | -71.38% | -25.14% |
| Palo Alto Networks, Inc. (PANW) | $179.39B | 3.05% | 32.17% | -9.41% | -21.20% |
Return Analysis
ROE
10.6%
ROA
9.4%
Shopify Inc. Return on Equity (ROE) Formula & Definition
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Shopify Inc. Return on Equity (ROE) FAQ
- What is the return on equity (ROE) for Shopify Inc. (SHOP)?
- The return on equity (ROE) for SHOP stock is 10.62%.
- Is Shopify Inc.'s return on equity (ROE) high or low?
- Shopify Inc.'s return on equity (ROE) of 10.62% is 270% above its 5-year average of 2.87%, near the high end of its 5-year range (-42.00%–26.18%).
- What is the TTM average return on equity (ROE) for Shopify Inc. (SHOP)?
- The TTM average return on equity (ROE) for SHOP stock is 13.30%.
- What is the 3Y average return on equity (ROE) for Shopify Inc. (SHOP)?
- The 3Y average return on equity (ROE) for SHOP stock is -3.48%.
- What is the 5Y average return on equity (ROE) for Shopify Inc. (SHOP)?
- The 5Y average return on equity (ROE) for SHOP stock is 2.87%.
- What is the 10Y average return on equity (ROE) for Shopify Inc. (SHOP)?
- The 10Y average return on equity (ROE) for SHOP stock is -1.11%.
- What is the 15Y average return on equity (ROE) for Shopify Inc. (SHOP)?
- The 15Y average return on equity (ROE) for SHOP stock is -3.63%.
- What is the 20Y average return on equity (ROE) for Shopify Inc. (SHOP)?
- The 20Y average return on equity (ROE) for SHOP stock is -3.63%.
Shopify Inc. Return on Equity (ROE) History
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2025-12-31 | 9.14% |
| 2024-12-31 | 17.47% |
| 2023-12-31 | 1.46% |
| 2022-12-31 | -42.00% |
| 2021-12-31 | 26.18% |
| 2020-12-31 | 4.99% |
| 2019-12-31 | -4.14% |
| 2018-12-31 | -3.09% |
| 2017-12-31 | -4.00% |
| 2016-12-31 | -8.61% |
| 2015-12-31 | -9.62% |
| 2014-12-31 | -32.94% |
| 2013-12-31 | -5.67% |
| 2012-12-31 | 0.00% |
Related Metrics
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.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Tobias Lutke