Shopify Inc
Shopify 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 Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, s… Read more
Shopify Inc (SHOP) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.041x
Based on the latest financial reports, Shopify Inc (SHOP) has a cash flow conversion efficiency ratio of 0.041x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($513.00 Million) by net assets ($12.50 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shopify Inc - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how Shopify Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Shopify Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shopify Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Amgen Inc
NASDAQ:AMGN
|
0.185x |
|
Naspers Limited
PINK:NAPRF
|
0.024x |
|
Linde plc Ordinary Shares
NASDAQ:LIN
|
0.076x |
|
PepsiCo Inc
NASDAQ:PEP
|
0.322x |
|
Nextera Energy Inc
NYSE:NEE
|
0.038x |
|
Citigroup Inc
NYSE:C
|
0.005x |
|
Novartis AG
PINK:NVSEF
|
0.046x |
|
Abbott Laboratories
NYSE:ABT
|
0.054x |
Annual Cash Flow Conversion Efficiency for Shopify Inc (2013–2024)
The table below shows the annual cash flow conversion efficiency of Shopify Inc from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $11.56 Billion | $1.62 Billion | 0.140x | +34.28% |
| 2023-12-31 | $9.07 Billion | $944.00 Million | 0.104x | +730.80% |
| 2022-12-31 | $8.24 Billion | $-136.00 Million | -0.017x | -134.31% |
| 2021-12-31 | $11.13 Billion | $535.71 Million | 0.048x | -27.53% |
| 2020-12-31 | $6.40 Billion | $424.96 Million | 0.066x | +183.54% |
| 2019-12-31 | $3.02 Billion | $70.61 Million | 0.023x | +425.06% |
| 2018-12-31 | $2.09 Billion | $9.32 Million | 0.004x | -43.49% |
| 2017-12-31 | $1.00 Billion | $7.90 Million | 0.008x | -76.89% |
| 2016-12-31 | $410.48 Million | $14.02 Million | 0.034x | -57.67% |
| 2015-12-31 | $195.32 Million | $15.76 Million | 0.081x | +782.13% |
| 2014-12-31 | $67.73 Million | $-801.00K | -0.012x | -172.33% |
| 2013-12-31 | $85.38 Million | $1.40 Million | 0.016x | -- |