Shopify Inc Cash Flow Quality Index

Latest as of June 2026: 0.44x

Shopify Inc cash flow quality index. Shopify Inc (SHOP) has a Cash Flow Quality Index of 0.44x as of June 2026. Operating cash flow of CA$658.00 Million is below net income of CA$1.50 Billion, suggesting accrual-heavy earnings not yet converted to cash. See Shopify Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

0.44x
Operating CF / Net Income

Operating Cash Flow

CA$658.00 Million
CAD

Net Income

CA$1.50 Billion
CAD

Data as of

Jun 2026
Most recent filing

Cash Flow Quality Index of Shopify Inc (2020–2025)

Cash flow quality index of Shopify Inc from 2020 to 2025. Historical Cash Flow Quality Index for Shopify Inc across 5 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 (2020–2025)

Shopify Inc cash flow quality index by year from 2020 to 2025. 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 (CAD) Net Income YoY Change
2025 1.65x CA$2.07 Billion CA$1.25 Billion ▲ +106.3%
2024 0.80x CA$1.62 Billion CA$2.02 Billion ▼ -88.8%
2023 7.15x CA$944.00 Million CA$132.00 Million ▲ +4032.3%
2021 0.17x CA$504.43 Million CA$2.91 Billion ▼ -87.0%
2020 1.33x CA$424.96 Million CA$319.51 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.