Shopify

Shopify ROIC

The Return on Invested Capital (ROIC) of Shopify (SHOP) as of Oct 9, 2026 is 9.14 %. In the previous year, Return on Invested Capital (ROIC) was 16.18 % — a change of -43.54% (lower).

ROIC

9.14 %

YoY

-43.54%

Last updated:

Return on Invested Capital (ROIC) of Shopify is 2025 9.14 % . Return on Invested Capital (ROIC) of Shopify was 2024 16.18 % . It decreases by -43.54% lower compared to the previous year.

The Shopify ROIC history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROIC
Date
ROIC
Jan 1, 2018
-3.09 USD
Jan 1, 2019
-4.14 USD
Jan 1, 2020
4.46 USD
Jan 1, 2021
24.20 USD
Jan 1, 2022
-37.80 USD
Jan 1, 2023
1.32 USD
Jan 1, 2024
16.18 USD
Jan 1, 2025
9.14 USD
The Shopify ROIC history
YEARROICYoY
9.14 %-43.54%
16.18 %+1,123.78%
1.32 %-103.50%
-37.80 %-256.22%
24.20 %+442.20%
4.46 %-207.82%
-4.14 %+34.08%
-3.09 %-22.72%
-4.00 %-53.62%
-8.61 %-10.47%
-9.62 %-70.79%
-32.94 %—
Access this data via the Eulerpool API

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

Return on Invested Capital (ROIC) of Shopify is 9.14 % in 2025.

Return on Invested Capital (ROIC) of Shopify changed from 16.18 % to 9.14 %, representing a -43.54% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Invested Capital (ROIC) Shopify since 2006 – with annual values, charts, and detailed analysis.

ROIC measures how effectively a company uses its invested capital to generate profits. A ROIC above the cost of capital creates shareholder value.

ROIC = NOPAT / Invested Capital

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Invested Capital (ROIC)'s Shopify with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Invested Capital (ROIC)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Invested Capital (ROIC).

Access this data via the Eulerpool API

Profitability — Shopify

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