Shopify Inc (SHOP) — Free Cash Flow Generation Index
Latest as of December 2025:
0.99x
Shopify Inc (SHOP) has a Free Cash Flow Generation Index of 0.99x as of December 2025. Free cash flow of CA$726.77 Million represents 1% of operating cash flow (CA$736.94 Million). See SHOP current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.99x
Free Cash Flow / Operating CF
Free Cash Flow
CA$726.77 Million
CAD
Operating Cash Flow
CA$736.94 Million
CAD
Capital Expenditures
CA$10.17 Million
CAD
Shopify Inc Free Cash Flow Generation Index (2012–2025)
Historical FCF Generation Index trend for Shopify Inc across 12 annual periods. Explore Shopify Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
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 SHOP market cap.
| 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 | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).