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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Shopify (SHOP) Equity Ratio (2016 - 2026)

Shopify (SHOP) has disclosed Equity Ratio for 12 consecutive years, with 0.89 as the latest value for Q4 2025.

  • For Q4 2025, Equity Ratio rose 6.86% year-over-year to 0.89; the TTM value through Dec 2025 reached 0.89, up 6.86%, while the annual FY2025 figure was 0.89, 6.86% up from the prior year.
  • Equity Ratio hit 0.89 in Q4 2025 for Shopify, up from 0.83 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.89 in Q4 2025 and bottomed at 0.77 in Q4 2022.
  • Average Equity Ratio over 5 years is 0.83, with a median of 0.83 recorded in 2024.
  • Year-over-year, Equity Ratio fell 8.22% in 2022 and then increased 6.86% in 2025.
  • Shopify's Equity Ratio stood at 0.83 in 2021, then fell by 8.22% to 0.77 in 2022, then grew by 4.76% to 0.8 in 2023, then rose by 3.45% to 0.83 in 2024, then increased by 6.86% to 0.89 in 2025.
  • According to Business Quant data, Equity Ratio over the past three periods came in at 0.89, 0.83, and 0.83 for Q4 2025, Q3 2025, and Q2 2025 respectively.