Shopify Inc Free Cash Flow Generation Index
Shopify Inc free cash flow generation index. Shopify Inc (SHOP) has a Free Cash Flow Generation Index of 0.99x as of September 2025. Free cash flow of $507.00 Million represents 1% of operating cash flow ($513.00 Million).
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Shopify Inc (2012–2024)
Free cash flow generation index of Shopify Inc from 2012 to 2024. Historical FCF Generation Index trend for Shopify Inc across 11 annual periods. See Shopify Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Shopify Inc Free Cash Flow Generation Index by Year (2012–2024)
Shopify Inc free cash flow generation index by year from 2012 to 2024. Year-by-year Free Cash Flow Generation Index for Shopify Inc. For the full cash flow conversion analysis, see Shopify Inc cash conversion from operations.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.99x | $1.60 Billion | $1.62 Billion | $19.00 Million | ▲ +3.1% |
| 2023 | 0.96x | $905.00 Million | $944.00 Million | $39.00 Million | ▲ +5.9% |
| 2021 | 0.91x | $484.92 Million | $535.71 Million | $50.79 Million | ▲ +0.4% |
| 2020 | 0.90x | $382.96 Million | $424.96 Million | $41.99 Million | ▲ +674.4% |
| 2019 | 0.12x | $8.22 Million | $70.61 Million | $62.40 Million | ▲ +103.4% |
| 2018 | -3.46x | $-32.22 Million | $9.32 Million | $41.55 Million | ▼ -66.9% |
| 2017 | -2.07x | $-16.36 Million | $7.90 Million | $24.26 Million | ▼ -137.5% |
| 2016 | -0.87x | $-12.22 Million | $14.02 Million | $26.24 Million | ▼ -160.1% |
| 2015 | -0.34x | $-5.28 Million | $15.76 Million | $21.04 Million | ▲ +84.9% |
| 2013 | -2.23x | $-3.11 Million | $1.40 Million | $4.50 Million | ▼ -18276.0% |
| 2012 | 0.01x | $25.00K | $2.04 Million | $2.02 Million | — |