Shopify

Shopify Fixed Asset Turnover

The Fixed Asset Turnover of Shopify (SHOP) as of Nov 15, 2026 is 83.39. In the previous year, Fixed Asset Turnover was 63.43 — a change of 31.47% (higher).

Fixed Asset Turnover

83.39

YoY

31.47%

Last updated:

Fixed Asset Turnover of Shopify is 2025 83.39 . Fixed Asset Turnover of Shopify was 2024 63.43 . It decreases by 31.47% higher compared to the previous year.

The Shopify Fixed Asset Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Fixed Asset Turnover
Date
Fixed Asset Turnover
Jan 1, 2018
17.42 USD
Jan 1, 2019
6.41 USD
Jan 1, 2020
13.85 USD
Jan 1, 2021
15.28 USD
Jan 1, 2022
11.52 USD
Jan 1, 2023
48.03 USD
Jan 1, 2024
63.43 USD
Jan 1, 2025
83.39 USD
The Shopify Fixed Asset Turnover history
YEARFixed Asset TurnoverYoY
83.39+31.47%
63.43+32.07%
48.03+316.78%
11.52-24.56%
15.28+10.27%
13.85+116.08%
6.41-63.20%
17.42+30.29%
13.37+57.00%
8.52+37.13%
6.21+28.49%
4.83—

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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

Fixed Asset Turnover of Shopify is 83.39 in 2025.

Fixed Asset Turnover of Shopify changed from 63.43 to 83.39, representing a 31.47% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Fixed Asset Turnover Shopify since 2006 – with annual values, charts, and detailed analysis.

Fixed asset turnover measures revenue generated per unit of PP&E. Higher ratios indicate more efficient utilization of physical assets.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Fixed Asset Turnover's Shopify with sector peers and the industry average to assess whether it is attractive.

To evaluate Fixed Asset Turnover's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Fixed Asset Turnover.

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Profitability — Shopify

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