Shopify (SHOP) Debt Ratio (2024 - 2025)
Shopify (SHOP) posted Debt Ratio of 0.06 for Q3 2025, down 3.07% on a QoQ basis from 0.06 in Q2 2025.
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Shopify (SHOP) Debt Ratio (2024 - 2025) Analysis & Trends
Shopify has reported Debt Ratio for 2 years, with the latest figure at 0.06 in Q3 2025.
- On a quarterly basis, Debt Ratio changed N/A year-over-year to 0.06 in Q3 2025; TTM through Sep 2025 was 0.06, a N/A change from a year earlier, with the FY2024 full-year figure at 0.07, changed N/A from the prior year.
- Debt Ratio was 0.06 for Q3 2025 at Shopify, down from 0.06 in the prior quarter.
- The five-year high for Debt Ratio was 0.07 in Q1 2025, with the low at 0.06 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | - |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | - |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | - |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | 0.25 |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 0.01 |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | 0.15 |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | - |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | 0.10 |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | 0.18 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.06 |
| Jun 30, 2025 | 0.06 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 0.07 |