Shopify Inc Cash Flow Quality Index
Shopify Inc cash flow quality index. Shopify Inc (SHOP) has a Cash Flow Quality Index of 1.94x as of September 2025. Operating cash flow of $513.00 Million exceeds net income of $264.00 Million, indicating high earnings quality where cash backs reported profits. See Shopify Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Shopify Inc (2020–2024)
Cash flow quality index of Shopify Inc from 2020 to 2024. Historical Cash Flow Quality Index for Shopify Inc across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore cash flow to debt ratio of Shopify Inc to assess how comfortably operating cash covers total debt obligations.
Shopify Inc Cash Flow Quality Index by Year (2020–2024)
Shopify Inc cash flow quality index by year from 2020 to 2024. Year-by-year earnings quality comparison for Shopify Inc. For the full cash flow conversion analysis, see how efficiently does Shopify Inc generate cash.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.80x | $1.62 Billion | $2.02 Billion | ▼ -88.8% |
| 2023 | 7.15x | $944.00 Million | $132.00 Million | ▲ +3790.9% |
| 2021 | 0.18x | $535.71 Million | $2.91 Billion | ▼ -86.2% |
| 2020 | 1.33x | $424.96 Million | $319.51 Million | — |