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Shopify (FRA:307) Tax Rate % : 3.72% (As of Sep. 2024)


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What is Shopify Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shopify's Tax Expense for the three months ended in Sep. 2024 was €29 Mil. Shopify's Pre-Tax Income for the three months ended in Sep. 2024 was €775 Mil. Therefore, Shopify's Tax Rate % for the quarter that ended in Sep. 2024 was 3.72%.

Shopify Tax Rate % Historical Data

The historical data trend for Shopify's Tax Rate % 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 Tax Rate % Chart

Shopify Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.29 -32.93 7.19 4.50 28.65

Shopify Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.37 3.67 -6.64 15.76 3.72

Shopify Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Shopify's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=48.601/169.645
=28.65 %

Shopify's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=28.832/774.86
=3.72 %

* 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.

Shopify Tax Rate % Related Terms

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Shopify Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Shopify Inc (FRA:307) » Definitions » Tax Rate %
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Traded in Other Exchanges
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Address
151 O\'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P 2L8
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.

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