Shopify Inc (SHOP) — Capital Reinvestment Ratio
Shopify Inc (SHOP) has a Capital Reinvestment Ratio of 0.01x as of June 2026, meaning it reinvests 0% of its operating cash flow (CA$658.00 Million) in capital expenditures (CA$4.00 Million). Check SHOP tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shopify Inc Capital Reinvestment Ratio (2012–2025)
This chart tracks Shopify Inc's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see SHOP cash generation efficiency.
Annual Capital Reinvestment Ratio for Shopify Inc (2012–2025)
Year-by-year Capital Reinvestment Ratio for Shopify Inc from 2012 to 2025. See free cash flow generation of Shopify Inc to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |