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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) Return on Invested Capital (2020 - 2025)

Historic Return on Invested Capital for Shopify (SHOP) over the last 5 years, with Q4 2025 value amounting to 0.13%.

  • Shopify's Return on Invested Capital changed N/A to 0.13% in Q4 2025 from the same period last year, while for Dec 2025 it was 0.13%, marking a year-over-year change of. This contributed to the annual value of 0.13% for FY2025, which is 200.0% up from last year.
  • Per Shopify's latest filing, its Return on Invested Capital stood at 0.13% for Q4 2025.
  • In the past 5 years, Shopify's Return on Invested Capital ranged from a high of 35.0% in Q1 2021 and a low of 0.21% during Q1 2024
  • Its 4-year average for Return on Invested Capital is 2.7%, with a median of 0.04% in 2021.
  • Per our database at Business Quant, Shopify's Return on Invested Capital plummeted by -979200bps in 2021 and then surged by 3200bps in 2025.
  • Over the past 4 years, Shopify's Return on Invested Capital (Quarter) stood at 0.03% in 2021, then plummeted by -367bps to 0.08% in 2022, then tumbled by -121bps to 0.17% in 2024, then soared by 176bps to 0.13% in 2025.
  • Its last three reported values are 0.13% in Q4 2025, 0.11% for Q3 2025, and 0.11% during Q2 2025.