Shopify (SHOP) Debt to Equity (2024 - 2025)
Shopify's quarterly Debt to Equity came in at $0.07 in Q3 2025, down 2.99% quarter-over-quarter from $0.08 in Q2 2025.
Shopify has reported Debt to Equity for 2 years, with the latest figure at $0.07 in Q3 2025.
- For the quarter ending Q3 2025, Debt to Equity changed N/A year-over-year to $0.07; the trailing twelve-month figure through Sep 2025 stood at $0.07 (changed N/A YoY), and the FY2024 full-year result was $0.08, changed N/A from the prior year.
- Debt to Equity for Q3 2025 stood at $0.07, down from $0.08 in the prior quarter.
- The five-year high for Debt to Equity was $0.08 in Q1 2025, with the low at $0.07 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.13 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.24 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.42 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.44 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.07 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.63 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.30 |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.07 |
| Jun 30, 2025 | 0.08 |
| Mar 31, 2025 | 0.08 |
| Dec 31, 2024 | 0.08 |