Shopify Inc (SHOP) — Capital Reinvestment Ratio
Latest as of March 2026:
0.01x
Shopify Inc (SHOP) has a Capital Reinvestment Ratio of 0.01x as of March 2026, meaning it reinvests 0% of its operating cash flow (CA$473.12 Million) in capital expenditures (CA$4.92 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
CA$473.12 Million
CAD
Capital Expenditures
CA$4.92 Million
CAD
Data as of
Mar 2026
Most recent filing
Shopify Inc Capital Reinvestment Ratio (2012–2025)
This chart tracks Shopify Inc's Capital Reinvestment Ratio across 12 annual periods.
Annual Capital Reinvestment Ratio for Shopify Inc (2012–2025)
Year-by-year Capital Reinvestment Ratio for Shopify Inc from 2012 to 2025. For live market cap and broader valuation context, see SHOP stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.01x | CA$2.07 Billion | CA$26.46 Million | ▲ +8.8% |
| 2024 | 0.01x | CA$1.62 Billion | CA$19.00 Million | ▼ -71.5% |
| 2023 | 0.04x | CA$944.00 Million | CA$39.00 Million | ▼ -59.0% |
| 2021 | 0.10x | CA$504.43 Million | CA$50.79 Million | ▲ +1.9% |
| 2020 | 0.10x | CA$424.96 Million | CA$41.99 Million | ▼ -88.8% |
| 2019 | 0.88x | CA$70.61 Million | CA$62.40 Million | ▼ -80.2% |
| 2018 | 4.46x | CA$9.32 Million | CA$41.55 Million | ▲ +45.1% |
| 2017 | 3.07x | CA$7.90 Million | CA$24.26 Million | ▲ +64.1% |
| 2016 | 1.87x | CA$14.02 Million | CA$26.24 Million | ▲ +40.2% |
| 2015 | 1.34x | CA$15.76 Million | CA$21.04 Million | ▼ -58.6% |
| 2013 | 3.23x | CA$1.40 Million | CA$4.50 Million | ▲ +226.6% |
| 2012 | 0.99x | CA$2.04 Million | CA$2.02 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow