Shopify (SHOP) EV to EBIT (2024 - 2026)
Shopify's EV to EBIT was 77.52 in Q2 2026, down 33.1% from 115.84 a year earlier and down 14.2% from the prior quarter.
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Analysis
Shopify (SHOP) EV to EBIT (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, Shopify's EV to EBIT was 67.83 through Jun 30, 2026, down 34.1% year-over-year; for FY2025, it was 138.50, up 13.1% from FY2024.
- In earlier years, EV to EBIT was 122.48 in FY2024 and 616.59 in FY2021 (-58.0%).
- Per Business Quant data, SHOP's EV to EBIT in the three quarters before Q2 2026 was 90.38 (Q1 2026), 138.50 (Q4 2025) and 143.51 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.52 |
| Mar 31, 2026 | 90.38 |
| Dec 31, 2025 | 138.50 |
| Sep 30, 2025 | 143.51 |
| Jun 30, 2025 | 115.84 |
| Mar 31, 2025 | 99.13 |
| Dec 31, 2024 | 122.48 |
API Access
Shopify EV to EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=SHOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "ticker": "SHOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebit&ticker=SHOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();