Shopify (SHOP) Return on Capital Employed (2025 - 2026)
Shopify (SHOP) posted quarterly Return on Capital Employed of 12.4% for Q1 2026, up 217.0% year-over-year from 3.91% in Q1 2025, and up 15.89% quarter-over-quarter from 10.7% in Q4 2025.
Shopify (SHOP) Return on Capital Employed (2025 - 2026) Analysis & Trends
Shopify's Return on Capital Employed history runs 2 years deep, the most recent figure standing at 12.4% for Q1 2026.
- In Q1 2026, Return on Capital Employed rose 217.0% year-over-year to 12.4%; the TTM figure through Mar 2026 stood at 12.4% (up 217.0% YoY), while the FY2025 annual figure was 11.15%, up 106.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 12.4%, up from 10.7% in the prior quarter.
- The five-year high for Return on Capital Employed was 12.4% in Q1 2026, with the low at 10.23% in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 38.72% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 14.37% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 10.65% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.97% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 10.59% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -25.94% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -46.62% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 51.24% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 23.43% |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | 0.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.37% |
| Mar 31, 2026 | 12.40% |
| Dec 31, 2025 | 10.70% |
| Sep 30, 2025 | 10.34% |
| Jun 30, 2025 | 10.43% |
| Mar 31, 2025 | 10.23% |