Shopify (Shopify) Market Cap

: $93,128 Mil (As of Today)

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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Shopify's share price for the quarter that ended in Dec. 2023 was $77.9. Shopify's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,287 Mil. Therefore, Shopify's market cap for the quarter that ended in Dec. 2023 was $100,224 Mil.

Shopify's quarterly market cap declined from Jun. 2023 ($82,848 Mil) to Sep. 2023 ($70,082 Mil) but then increased from Sep. 2023 ($70,082 Mil) to Dec. 2023 ($100,224 Mil).

Shopify's annual market cap declined from Dec. 2021 ($173,409 Mil) to Dec. 2022 ($44,260 Mil) but then increased from Dec. 2022 ($44,260 Mil) to Dec. 2023 ($100,224 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Shopify's Enterprise Value for Today is $91,432 Mil.

Shopify Market Cap Historical Data

The historical data trend for Shopify's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shopify Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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46,289.84

138,696.70

173,409.27

44,259.76

100,223.80

Shopify Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Market Cap	Get a 7-Day Free Trial															44,259.76	61,311.42	82,847.56	70,082.07	100,223.80

Competitive Comparison

For the Software - Application subindustry, Shopify's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shopify Market Cap Distribution

For the Software industry and Technology sector, Shopify's Market Cap distribution charts can be found below:

* The bar in red indicates where Shopify's Market Cap falls into.

Shopify Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Shopify's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$77.9	*	1286.57
	=	$100,224

Shopify's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )	=	Share Price (Q: Dec. 2023 )	*	Shares Outstanding (EOP) (Q: Dec. 2023 )
	=	$77.9	*	1286.57
	=	$100,224

Shopify (NYSE:SHOP) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Shopify Market Cap Related Terms

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Shopify (Shopify) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shopify Inc (NYSE:SHOP) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

SHOP:Mexico 307:Germany 307:Germany SHOP:Canada S2HO34:Brazil

Address

151 O'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P2L8

Website

https://www.shopify.com

Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.