Shopify Inc.
SHOPTechnologyNASDAQSoftware - Application
Scan Results
Daily timeframeShopify 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. With a market capitalization of $160.34B, it sits in large-cap territory. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces.
Market Cap
$160.34B
Beta
2.58
P/E (TTM)
122.34
P/E (Fwd)
52.80
EPS (TTM)
$1.01
EPS (Fwd)
$2.34
ROE
11.3%
ROA
9.6%
Cash
$5.74B
Total Debt
$179.0M
Free CF
$1.26B
52W Change
-2.8%
Annual Financials
Cash vs Debt
With $5.74B in cash and $179.0M in debt, SHOP maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company generates $1.26B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 11.3%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 9.6% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $5.60B (2022) to $11.56B (2025), reflecting a 106% increase over the period.
Shopify Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Shopify Inc.'s trajectory.