Shopify Inc (SHOP) — Capital Reinvestment Ratio
Latest as of September 2025:
0.01x
Shopify Inc (SHOP) has a Capital Reinvestment Ratio of 0.01x as of September 2025, meaning it reinvests 0% of its operating cash flow ($513.00 Million) in capital expenditures ($6.00 Million). See how much free cash does Shopify Inc generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.01x
Capex / Operating Cash Flow
Operating Cash Flow
$513.00 Million
USD
Capital Expenditures
$6.00 Million
USD
Data as of
Sep 2025
Most recent filing
Shopify Inc Capital Reinvestment Ratio (2012–2024)
This chart tracks Shopify Inc's Capital Reinvestment Ratio across 11 annual periods.
Annual Capital Reinvestment Ratio for Shopify Inc (2012–2024)
Year-by-year Capital Reinvestment Ratio for Shopify Inc from 2012 to 2024. For live market cap and broader valuation context, see SHOP stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.01x | $1.62 Billion | $19.00 Million | ▼ -71.5% |
| 2023 | 0.04x | $944.00 Million | $39.00 Million | ▼ -56.4% |
| 2021 | 0.09x | $535.71 Million | $50.79 Million | ▼ -4.1% |
| 2020 | 0.10x | $424.96 Million | $41.99 Million | ▼ -88.8% |
| 2019 | 0.88x | $70.61 Million | $62.40 Million | ▼ -80.2% |
| 2018 | 4.46x | $9.32 Million | $41.55 Million | ▲ +45.1% |
| 2017 | 3.07x | $7.90 Million | $24.26 Million | ▲ +64.1% |
| 2016 | 1.87x | $14.02 Million | $26.24 Million | ▲ +40.2% |
| 2015 | 1.34x | $15.76 Million | $21.04 Million | ▼ -58.6% |
| 2013 | 3.23x | $1.40 Million | $4.50 Million | ▲ +226.6% |
| 2012 | 0.99x | $2.04 Million | $2.02 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow