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Shopify Inc. (SHOP)
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Shopify Inc. (SHOP) Price/FCF Ratio: 66.27

Is Shopify Inc.’s Price/FCF ratio high or low?

Shopify Inc.'s Price/FCF ratio of 66.27 is 68% below its 5-year average of 206.28, near the low end of its 5-year range (58.43–920.36).

The Price/FCF ratio for Shopify Inc. (SHOP) is 66.27. It is below its 12-month average by 29.08% (93.45).

SHOP Price/FCF Ratio Chart

SHOP Price/FCF Ratio
66.27-19.83% 1Y
Zoom

SHOP Average Price/FCF Ratio Chart

SHOP Current vs Average Price/FCF Ratio Chart

SHOP Price/FCF Ratio Metrics

PRICE/FCF RATIO

66.27

PRICE/FCF RATIO AVG TTM

93.45

PRICE/FCF RATIO AVG 3Y

145.38

PRICE/FCF RATIO AVG 5Y

206.28

PRICE/FCF RATIO AVG 10Y

802.22

PRICE/FCF RATIO AVG 15Y

802.22

PRICE/FCF RATIO AVG 20Y

802.22

CURRENT VS TTM AVG

-29.08%

CURRENT VS 3Y AVG

-54.41%

CURRENT VS 5Y AVG

-67.87%

CURRENT VS 10Y AVG

-91.74%

CURRENT VS 15Y AVG

-91.74%

CURRENT VS 20Y AVG

-91.74%

SHOP Competitors' Price/FCF Ratio

NAMEMARKET CAPPRICE/FCF RATIOTTM3Y5Y
Shopify Inc. (SHOP)$140.41B66.2793.45145.38206.28
Salesforce, Inc. (CRM)$141.00B10.2316.6923.2028.16
Uber Technologies, Inc. (UBER)$139.66B14.5020.4434.9152.41
CrowdStrike Holdings, Inc. (CRWD)$164.89B115.03108.9485.9890.53
Western Digital Corporation (WDC)$167.87B63.5939.6637.4832.19
ServiceNow, Inc. (NOW)$109.38B23.8139.0950.6153.53
Cadence Design Systems, Inc. (CDNS)$105.80B73.4559.1764.9757.33
Accenture plc (ACN)$104.93B8.4913.6820.1521.85
Fortinet, Inc. (FTNT)$101.91B42.4332.3932.5935.60
Palo Alto Networks, Inc. (PANW)$179.39B45.6137.2737.8634.74

Free Cash Flow Valuation

P/FCF Ratio

66.3

FCF Yield

1.51%

Shopify Inc. Price/FCF Ratio Formula & Definition

P/FCF measures market price relative to free cash flow per share. Free cash flow is operating cash flow after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Shopify Inc. Price/FCF Ratio FAQ

What is the Price/FCF ratio for Shopify Inc. (SHOP)?
The Price/FCF ratio for SHOP stock is 66.27.
Is Shopify Inc.'s Price/FCF ratio high or low?
Shopify Inc.'s Price/FCF ratio of 66.27 is 68% below its 5-year average of 206.28, near the low end of its 5-year range (58.43–920.36).
What is the TTM average Price/FCF ratio for Shopify Inc. (SHOP)?
The TTM average Price/FCF ratio for SHOP stock is 93.45.
What is the 3Y average Price/FCF ratio for Shopify Inc. (SHOP)?
The 3Y average Price/FCF ratio for SHOP stock is 145.38.
What is the 5Y average Price/FCF ratio for Shopify Inc. (SHOP)?
The 5Y average Price/FCF ratio for SHOP stock is 206.28.
What is the 10Y average Price/FCF ratio for Shopify Inc. (SHOP)?
The 10Y average Price/FCF ratio for SHOP stock is 802.22.
What is the 15Y average Price/FCF ratio for Shopify Inc. (SHOP)?
The 15Y average Price/FCF ratio for SHOP stock is 802.22.
What is the 20Y average Price/FCF ratio for Shopify Inc. (SHOP)?
The 20Y average Price/FCF ratio for SHOP stock is 802.22.

Shopify Inc. Price/FCF Ratio History

DATEPRICE/FCF RATIO
2026-06-1066.27
2026-06-0967.63
2026-06-0867.85
2026-06-0567.09
2026-06-0471.07
2026-06-0369.18
2026-06-0271.67
2026-06-0176.02
2026-05-2972.71
2026-05-2870.46
2026-05-2765.29
2026-05-2664.25
2026-05-2263.09
2026-05-2164.23
2026-05-2064.32
2026-05-1961.87
2026-05-1862.71
2026-05-1561.42
2026-05-1459.67
2026-05-1358.43
2026-05-1261.15
2026-05-1162.81
2026-05-0867.63
2026-05-0768.44
2026-05-0664.58
2026-05-0565.92
2026-05-0482.61
2026-05-0182.68
2026-04-3078.45
2026-04-2978.53
2026-04-2879.04
2026-04-2780.46
2026-04-2481.49
2026-04-2380.46
2026-04-2285.46
2026-04-2184.92
2026-04-2087.52
2026-04-1784.94
2026-04-1682.21
2026-04-1582.52
2026-04-1476.19
2026-04-1374.46
2026-04-1071.75
2026-04-0972.78
2026-04-0877.78
2026-04-0775.81
2026-04-0676.94
2026-04-0276.58
2026-04-0176.76
2026-03-3176.82
2026-03-3072.39
2026-03-2772.44
2026-03-2674.76
2026-03-2576.69
2026-03-2475.22
2026-03-2378.43
2026-03-2075.63
2026-03-1979.25
2026-03-1880.15
2026-03-1782.77
2026-03-1681.98
2026-03-1379.63
2026-03-1281.71
2026-03-1183.88
2026-03-1083.78
2026-03-0986.46
2026-03-0684.32
2026-03-0587.30
2026-03-0483.97
2026-03-0378.93
2026-03-0277.32
2026-02-2778.19
2026-02-2681.56
2026-02-2577.92
2026-02-2475.73
2026-02-2375.96
2026-02-2081.73
2026-02-1980.18
2026-02-1878.78
2026-02-1773.53
2026-02-1372.99
2026-02-1271.67
2026-02-1176.88
2026-02-1087.42
2026-02-0981.34
2026-02-0676.98
2026-02-0576.43
2026-02-0478.34
2026-02-0381.96
2026-02-0290.83
2026-01-3090.16
2026-01-2998.68
2026-01-2895.44
2026-01-2794.47
2026-01-2693.65
2026-01-2394.73
2026-01-2294.56
2026-01-2195.18
2026-01-2099.28
2026-01-16107.05
2026-01-15108.54
2026-01-14108.21
2026-01-13115.04
2026-01-12115.37
2026-01-09113.00
2026-01-08115.61
2026-01-07114.56
2026-01-06115.73
2026-01-05114.19
2026-01-02108.00
2025-12-31110.59
2025-12-30112.49
2025-12-29115.34
2025-12-26117.37
2025-12-24116.42
2025-12-23116.47
2025-12-22116.57
2025-12-19116.50
2025-12-18114.60
2025-12-17111.11
2025-12-16112.08
2025-12-15109.82
2025-12-12112.80
2025-12-11113.19
2025-12-10115.71
2025-12-09109.85
2025-12-08108.83
2025-12-05110.67
2025-12-04111.51
2025-12-03109.92
2025-12-02107.75
2025-12-01102.56
2025-11-28108.99
2025-11-26109.47
2025-11-25108.12
2025-11-24106.70
2025-11-21101.54
2025-11-2099.32
2025-11-19100.31
2025-11-1896.49
2025-11-1796.14
2025-11-14100.33
2025-11-13100.54
2025-11-12107.58
2025-11-11109.20
2025-11-10109.16
2025-11-07104.71
2025-11-06107.21
2025-11-05111.93
2025-11-04110.57
2025-11-03124.05
2025-10-31124.71
2025-10-30124.53
2025-10-29128.40
2025-10-28128.36
2025-10-27125.57
2025-10-24124.05
2025-10-23119.81
2025-10-22116.21
2025-10-21116.66
2025-10-20118.14
2025-10-17113.16
2025-10-16112.30
2025-10-15112.05
2025-10-14109.66
2025-10-13110.22
2025-10-10108.32
2025-10-09117.54
2025-10-08119.38
2025-10-07115.68
2025-10-06117.99
2025-10-03115.58
2025-10-02108.52
2025-10-01107.28
2025-09-30106.59
2025-09-29106.87
2025-09-26100.60
2025-09-25102.89
2025-09-24106.75
2025-09-23107.55
2025-09-22112.70
2025-09-19109.96
2025-09-18109.11
2025-09-17106.06
2025-09-16105.59
2025-09-15106.08
2025-09-12102.84
2025-09-11104.03
2025-09-10102.00
2025-09-09102.89
2025-09-08104.88
2025-09-05105.31
2025-09-04104.11
2025-09-03100.58
2025-09-0299.73
2025-08-29101.34
2025-08-28101.52
2025-08-27100.34
2025-08-26101.03
2025-08-25100.80
2025-08-22101.93
2025-08-2198.04
2025-08-2098.48
2025-08-1999.88
2025-08-18102.65
2025-08-15101.47
2025-08-14103.48
2025-08-13107.66
2025-08-12107.09
2025-08-11105.80
2025-08-08107.31
2025-08-07108.36
2025-08-06111.11
2025-08-0595.20
2025-08-0493.86
2025-08-0188.91
2025-07-3191.61
2025-07-3092.21
2025-07-2993.59
2025-07-2895.08
2025-07-2593.28
2025-07-2491.52
2025-07-2391.61
2025-07-2292.74
2025-07-2196.28
2025-07-1895.26
2025-07-1795.02
2025-07-1689.96
2025-07-1586.25
2025-07-1487.51
2025-07-1184.04
2025-07-1086.33
2025-07-0985.70
2025-07-0884.32
2025-07-0787.45
2025-07-0387.35
2025-07-0286.04
2025-07-0184.46
2025-06-3086.47
2025-06-2785.20
2025-06-2684.76
2025-06-2585.38
2025-06-2485.77
2025-06-2382.45
2025-06-2079.76
2025-06-1879.44
2025-06-1779.86
2025-06-1681.24
2025-06-1378.97
2025-06-1281.87
2025-06-1185.56
2025-06-1082.66
2025-06-0980.81
2025-06-0683.52
2025-06-0578.73
2025-06-0477.65
2025-06-0378.79
2025-06-0279.87
2025-05-3080.38
2025-05-2980.74

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