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Shopify Inc   (SHOP)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology


Shopify Inc 's ROA from the fourth quarter of 2022 to the fourth quarter of 2021 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Shopify Inc 's ROA in the fourth quarter of 2022?
Shopify Inc achieved a return on average assets (ROA) of 2.81 % in its fourth quarter of 2022, which is below Shopify Inc 's average return on assets, which stands at 5.63%.

ROA fell compared to the third quarter of 2022, despite the net income growth of % from the third quarter of 2022.

However, within the Technology sector 167 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the third quarter of 2022 from to 1224.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2021)
IV. Quarter
Y / Y Total Assets Change -15.3 % -15.3 % -15.3 % -15.3 % 71.85 %
Y / Y Net Income Change -94.76 % - - - 981.54 %
Net Income (TTM) in million 317 6,055 6,055 6,055 6,055
Return On Assets (TTM) 2.81 % 51.28 % 49.15 % 47.2 % 45.39 %
SHOP's Total Ranking # 1224 # # # #
Total Assets (TTM) in million 11,299 11,299 11,299 11,299 13,340
Seq. Total Assets Change 0 % 0 % 0 % -15.3 % 0 %
Seq. Net Income Change - - - - -



Return On Assets Company Ranking
Within: No.
Industry # 37
Sector # 168
Overall # 1221

Return On Assets Statistics
High Average Low
45.39 %
5.63 %
-7.71 %
(Dec 31 2021)   (Dec 31 2015)





Financial Statements
Shopify Inc 's Assets $ 11,299 million SHOP's Balance sheet
Shopify Inc 's Income $ 317 million Quarterly SHOP's Income Statement
SHOP's Income by Division See SHOP's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2018)
FY 2018
(Dec 31 2017)
FY 2017
Y / Y Total Assets Change -15.3 % 71.85 % 122.47 % 54.76 % 102.48 %
Total Assets in million 11,299 13,340 7,763 3,489 2,255
Y / Y Net Income Change -94.76 % 981.54 % - - -
Net Income in million 317 6,055 560 -65 -40
Return On Assets 2.81 % 45.39 % 7.21 % -1.85 % -1.77 %




Comment on SHOP's ROA in the fiscal year ending 2022
In the fiscal year 2022 Shopify Inc 's ROA decreased compared to previous year to 2.81 %, due to deterioration of net income -94.76 % to $317.00 million, from $6,055.25 million a year ago, as SHOP's assets were $11,299.00 million.


More Return On Assets Ratios
SHOP's' Return on Assets at Yahoo Finance
Software & Programming Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
SHOP's Roa Ratio versus Software & Programming Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for SHOP's Competitors
Roa for Shopify Inc 's Suppliers
Return On Assets for SHOP's Customers

You may also want to know
SHOP's Roi SHOP's Inventory Turnover Ratio SHOP's Growth Rates SHOP's Dividend Comparisons
SHOP's Profitability Ratios SHOP's Asset Turnover Ratio SHOP's Dividend Growth
SHOP's Roe SHOP's Valuation Ratios SHOP's Financial Strength Ratios SHOP's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Technology Sector ROA
Belden Inc   7.71 %
Ziprecruiter Inc   7.57 %
Oracle Corporation  7.55 %
Ansys Inc   7.39 %
Osi Systems inc   7.15 %
Tsr Inc   7.00 %
Dynatrace Inc   6.99 %
Nice Ltd   6.61 %
Power Integrations Inc   6.56 %
Applovin Corporation  6.56 %
Automatic Data Processing Inc   6.55 %
American Software Inc   6.44 %
Doubleverify Holdings Inc   6.26 %
Csp inc  6.25 %
Thermo Fisher Scientific Inc   6.19 %
Vertiv Holdings Co  6.15 %
Sanmina Corporation  6.01 %
Simulations Plus Inc   5.89 %
Flex Ltd   5.80 %
Emerson Radio Corp  5.77 %
Knowles Corporation  5.77 %
Skkynet Cloud Systems Inc   5.77 %
Alarm com Holdings Inc   5.75 %
Analog Devices Inc   5.74 %
Advanced Energy Industries Inc  5.70 %
Caci International Inc  5.68 %
International Business Machines Corporation  5.68 %
Cognex Corp  5.68 %
Egain Corporation  5.66 %
Danaher Corporation  5.57 %


Date modified: 2024-02-13T17:21:06+00:00


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