Shopify Inc Cash Flow Conversion Efficiency
Shopify Inc cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of Shopify Inc (2013–2024)
Cash flow conversion efficiency of Shopify Inc from 2013 to 2024. This chart illustrates how Shopify Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Shopify Inc share price for real-time trading data and today's change.
Shopify Inc Cash Flow Conversion Ratio Explained
Shopify Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Shopify Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shopify Inc ranked by their cash flow conversion efficiency. Also see Shopify Inc market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Commonwealth Bank of Australia
AU:CBA
|
-0.024x |
|
Amgen Inc
NASDAQ:AMGN
|
0.185x |
|
Nestle S.A.
SW:NESN
|
0.181x |
|
HERMES INTL UNSP.ADR 1/10
F:HMIA
|
N/A |
|
MediaTek Inc
TW:2454
|
-0.044x |
|
Verizon Communications Inc
SA:VERZ34
|
0.099x |
|
Mitsubishi UFJ Financial Group Inc ADR
NYSE:MUFG
|
0.351x |
|
Shopify Inc
TO:SHOP
|
0.052x |
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. Review free cash flow generation of Shopify Inc to assess how much free cash flow the company generates relative to operating cash flow.
| 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 | -- |
About 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