Shopify

Shopify EV/FCF

The EV/FCF (Enterprise Value to Free Cash Flow) of Shopify (SHOP) as of Sep 29, 2026 is 70.36. In the previous year, EV/FCF (Enterprise Value to Free Cash Flow) was 89.17 — a change of -21.10% (lower).

EV/FCF

70.36

YoY

-21.10%

Last updated:

EV/FCF (Enterprise Value to Free Cash Flow) of Shopify is 2026 70.36 . EV/FCF (Enterprise Value to Free Cash Flow) of Shopify was 2025 89.17 . It decreases by -21.10% lower compared to the previous year.

The Shopify EV/FCF history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/FCF
Date
EV/FCF
Jan 1, 2018
-4,500.28 USD
Jan 1, 2019
17,585.56 USD
Jan 1, 2020
369.08 USD
Jan 1, 2021
288.95 USD
Jan 1, 2022
-767.92 USD
Jan 1, 2023
157.88 USD
Jan 1, 2024
89.17 USD
Jan 1, 2025
70.36 USD
The Shopify EV/FCF history
YEAREV/FCFYoY
70.36-21.10%
89.17-43.52%
157.88-120.56%
-767.92-365.77%
288.95-21.71%
369.08-97.90%
17,585.56-490.77%
-4,500.28-49.58%
-8,925.82-25.59%
-11,996.15-56.85%
-27,799.84+344.70%
-6,251.38—
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Shopify Stock analysis

What does Shopify do? Shopify Inc. is a Canadian e-commerce company that provides online shops for small and medium-sized businesses. It was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake and has been listed on the New York Stock Exchange since 2015. Shopify is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shopify stock

EV/FCF (Enterprise Value to Free Cash Flow) of Shopify is 70.36 in 2026.

EV/FCF (Enterprise Value to Free Cash Flow) of Shopify changed from 89.17 to 70.36, representing a -21.10% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/FCF (Enterprise Value to Free Cash Flow) Shopify since 2006 – with annual values, charts, and detailed analysis.

The EV/FCF ratio measures the enterprise value relative to free cash flow. It captures the true cash-generating ability of a business.

To evaluate EV/FCF (Enterprise Value to Free Cash Flow)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/FCF (Enterprise Value to Free Cash Flow).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/FCF (Enterprise Value to Free Cash Flow)'s Shopify with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

Valuation — Shopify

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