Shopify Inc (SHOP) — Cash Flow Reinvestment Rate
Shopify Inc (SHOP) has a Cash Flow Reinvestment Rate of 0.66x as of September 2025, reinvesting $341.00 Million (capex $6.00 Million plus investments $335.00 Million) from operating cash flow of $513.00 Million. Explore SHOP capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Shopify Inc Cash Flow Reinvestment Rate (2012–2024)
Historical reinvestment intensity for Shopify Inc across 11 annual periods. Also explore SHOP total assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Shopify Inc (2012–2024)
Year-by-year capital reinvestment analysis for Shopify Inc. For live market cap and broader valuation context, see Shopify Inc stock valuation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.99x | $1.60 Billion | $1.62 Billion | $19.00 Million | ▼ -26.9% |
| 2023 | 1.36x | $1.28 Billion | $944.00 Million | $39.00 Million | ▼ -68.2% |
| 2021 | 4.27x | $2.29 Billion | $535.71 Million | $50.79 Million | ▼ -8.0% |
| 2020 | 4.64x | $1.97 Billion | $424.96 Million | $41.99 Million | ▼ -48.1% |
| 2019 | 8.95x | $631.87 Million | $70.61 Million | $62.40 Million | ▼ -90.2% |
| 2018 | 91.40x | $852.18 Million | $9.32 Million | $41.55 Million | ▲ +31.0% |
| 2017 | 69.79x | $551.43 Million | $7.90 Million | $24.26 Million | ▲ +230.6% |
| 2016 | 21.11x | $295.92 Million | $14.02 Million | $26.24 Million | ▲ +296.7% |
| 2015 | 5.32x | $83.84 Million | $15.76 Million | $21.04 Million | ▼ -66.6% |
| 2013 | 15.95x | $22.26 Million | $1.40 Million | $4.50 Million | ▲ +1514.3% |
| 2012 | 0.99x | $2.02 Million | $2.04 Million | $2.02 Million | — |