Shopify Inc Financial Flexibility Index
Shopify Inc financial flexibility index. Shopify Inc (SHOP) has a Financial Flexibility Index of 0.21x as of September 2025. Free cash flow of $519.00 Million (operating CF $513.00 Million minus capex $6.00 Million) represents 0% of total liabilities ($2.53 Billion). See Shopify Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Shopify Inc (2013–2024)
Financial flexibility index of Shopify Inc from 2013 to 2024. Historical Financial Flexibility Index trend for Shopify Inc across 12 annual periods. Check Shopify Inc (SHOP) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Shopify Inc Financial Flexibility Index by Year (2013–2024)
Shopify Inc financial flexibility index by year from 2013 to 2024. Year-by-year free cash flow to debt coverage for Shopify Inc. For the full cash flow conversion analysis, see Shopify Inc cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.69x | $1.64 Billion | $1.62 Billion | $2.37 Billion | ▲ +57.0% |
| 2023 | 0.44x | $983.00 Million | $944.00 Million | $2.23 Billion | ▲ +1388.9% |
| 2022 | -0.03x | $-86.00 Million | $-136.00 Million | $2.52 Billion | ▼ -112.9% |
| 2021 | 0.27x | $586.50 Million | $535.71 Million | $2.21 Billion | ▼ -22.5% |
| 2020 | 0.34x | $466.95 Million | $424.96 Million | $1.36 Billion | ▲ +22.1% |
| 2019 | 0.28x | $133.01 Million | $70.61 Million | $473.75 Million | ▼ -9.5% |
| 2018 | 0.31x | $50.87 Million | $9.32 Million | $164.02 Million | ▲ +8.4% |
| 2017 | 0.29x | $32.16 Million | $7.90 Million | $112.46 Million | ▼ -43.1% |
| 2016 | 0.50x | $40.25 Million | $14.02 Million | $80.08 Million | ▼ -33.9% |
| 2015 | 0.76x | $36.79 Million | $15.76 Million | $48.40 Million | ▼ -4.7% |
| 2014 | 0.80x | $21.90 Million | $-801.00K | $27.46 Million | ▲ +40.7% |
| 2013 | 0.57x | $5.90 Million | $1.40 Million | $10.41 Million | — |