Shopify (SHOP) Debt to Equity (2024 - 2025)
Shopify (SHOP) recorded quarterly Debt to Equity of $0.07 in Q3 2025, down 2.99% quarter-over-quarter from $0.08 in Q2 2025.
Shopify (SHOP) Debt to Equity (2024 - 2025) Analysis & Trends
Shopify's Debt to Equity history runs 2 years deep, the most recent figure standing at $0.07 for Q3 2025.
- In Q3 2025, Debt to Equity changed N/A year-over-year to $0.07; the TTM figure through Sep 2025 stood at $0.07 (changed N/A YoY), while the FY2024 annual figure was $0.08, changed N/A from the prior year.
- Debt to Equity was $0.07 for Q3 2025 at Shopify, down from $0.08 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.08 in Q1 2025 to a low of $0.07 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.13 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.00 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.42 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 1.15 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.44 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.63 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.16 |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 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 |