Shopify Debt to Equity Ratio 2013-2025 | SHOP

Current and historical debt to equity ratio values for Shopify (SHOP) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Shopify debt/equity for the three months ending December 31, 2025 was 0.00.
Shopify Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-12-31 $1.72B $13.47B 0.13
2025-09-30 $2.53B $12.51B 0.20
2025-06-30 $2.44B $12.12B 0.20
2025-03-31 $2.35B $11.05B 0.21
2024-12-31 $2.37B $11.56B 0.21
2024-09-30 $2.21B $10.12B 0.22
2024-06-30 $2.17B $9.17B 0.24
2024-03-31 $2.22B $8.89B 0.25
2023-12-31 $2.23B $9.07B 0.25
2023-09-30 $2.18B $8.28B 0.26
2023-06-30 $2.24B $7.46B 0.30
2023-03-31 $2.51B $8.46B 0.30
2022-12-31 $2.52B $8.24B 0.31
2022-09-30 $2.51B $8.69B 0.29
2022-06-30 $2.03B $8.72B 0.23
2022-03-31 $2.05B $9.79B 0.21
2021-12-31 $2.21B $11.13B 0.20
2021-09-30 $2.17B $11.37B 0.19
2021-06-30 $1.84B $10.12B 0.18
2021-03-31 $1.68B $9.14B 0.18
2020-12-31 $1.36B $6.40B 0.21
2020-09-30 $1.29B $6.18B 0.21
2020-06-30 $0.47B $4.63B 0.10
2020-03-31 $0.43B $3.04B 0.14
2019-12-31 $0.47B $3.02B 0.16
2019-09-30 $0.37B $2.82B 0.13
2019-06-30 $0.31B $2.16B 0.14
2019-03-31 $0.28B $2.13B 0.13
2018-12-31 $0.16B $2.09B 0.08
2018-09-30 $0.17B $1.67B 0.10
2018-06-30 $0.15B $1.66B 0.09
2018-03-31 $0.13B $1.65B 0.08
2017-12-31 $0.11B $1.00B 0.11
2017-09-30 $0.11B $0.99B 0.12
2017-06-30 $0.10B $0.98B 0.10
2017-03-31 $0.09B $0.41B 0.22
2016-12-31 $0.08B $0.41B 0.20
2016-09-30 $0.08B $0.41B 0.18
2016-06-30 $0.06B $0.19B 0.33
2016-03-31 $0.05B $0.19B 0.28
2015-12-31 $0.05B $0.20B 0.25
2015-09-30 $0.04B $0.20B 0.19
2015-06-30 $0.04B $0.20B 0.19
2015-03-31 $0.03B $0.07B 0.50
2014-12-31 $0.03B $0.07B 0.41
2014-09-30 $0.00B $0.00B 0.00
2014-06-30 $0.00B $0.00B 0.00
2014-03-31 $0.00B $0.00B 0.00
2013-12-31 $0.01B $0.09B 0.12
2012-12-31 $0.00B $0.00B 0.00
Sector Industry Market Cap Revenue
Computer and Technology Internet Services $146.718B $11.556B
Shopify Inc. provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses. Merchants use the company's software to run business across various sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. Shopify's platform enables merchants to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics along with reporting from one integrated back office. Moreover, Shopify hosts a huge database of merchant and customer interactions. Merchants leverage this transactional dataset to get meaningful insight into the sales channel growth prospects and consumer behavioral aspects. This improves their ability to target prospective customers more easily, which drives sales growth.
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