Shopify Inc (SHOP) — Free Cash Flow Generation Index
Shopify Inc (SHOP) has a Free Cash Flow Generation Index of 0.99x as of March 2026. Free cash flow of CA$468.20 Million represents 1% of operating cash flow (CA$473.12 Million). Read Shopify Inc (SHOP) total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Shopify Inc Free Cash Flow Generation Index (2012–2025)
Historical FCF Generation Index trend for Shopify Inc across 12 annual periods. Explore SHOP capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Shopify Inc (2012–2025)
Year-by-year Free Cash Flow Generation Index for Shopify Inc. For the full company profile including market capitalisation, see Shopify Inc market cap and net worth.
| Year | FCG Index | Free Cash Flow (CAD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.99x | CA$2.04 Billion | CA$2.07 Billion | CA$26.46 Million | ▼ -0.1% |
| 2024 | 0.99x | CA$1.60 Billion | CA$1.62 Billion | CA$19.00 Million | ▲ +3.1% |
| 2023 | 0.96x | CA$905.00 Million | CA$944.00 Million | CA$39.00 Million | ▲ +6.6% |
| 2021 | 0.90x | CA$453.64 Million | CA$504.43 Million | CA$50.79 Million | ▼ -0.2% |
| 2020 | 0.90x | CA$382.96 Million | CA$424.96 Million | CA$41.99 Million | ▲ +674.4% |
| 2019 | 0.12x | CA$8.22 Million | CA$70.61 Million | CA$62.40 Million | ▲ +103.4% |
| 2018 | -3.46x | CA$-32.22 Million | CA$9.32 Million | CA$41.55 Million | ▼ -66.9% |
| 2017 | -2.07x | CA$-16.36 Million | CA$7.90 Million | CA$24.26 Million | ▼ -137.5% |
| 2016 | -0.87x | CA$-12.22 Million | CA$14.02 Million | CA$26.24 Million | ▼ -160.1% |
| 2015 | -0.34x | CA$-5.28 Million | CA$15.76 Million | CA$21.04 Million | ▲ +84.9% |
| 2013 | -2.23x | CA$-3.11 Million | CA$1.40 Million | CA$4.50 Million | ▼ -18276.0% |
| 2012 | 0.01x | CA$25.00K | CA$2.04 Million | CA$2.02 Million | — |