Shopify (SHOP) - Market capitalization

Market cap: €94.11 Billion

As of November 2024 Shopify has a market cap of €94.11 Billion. This makes Shopify the world's 164th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Shopify from 2015 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	€94.11 B	4%
2023	€90.49 B	119.86%
2022	€41.16 B	-72.83%
2021	€151.49 B	35.6%
2020	€111.72 B	171.96%
2019	€41.07 B	207.12%
2018	€13.37 B	59.83%
2017	€8.36 B	131.27%
2016	€3.61 B	92.56%
2015	€1.87 B

End of Day market cap according to different sources

On Nov 2nd, 2024 the market cap of Shopify was reported to be:

€94.15 Billion

by Yahoo Finance

€94.11 Billion

by CompaniesMarketCap

€93.99 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
MercadoLibre MELI	€96.07 B	2.08%	🇦🇷 Argentina
Stamps.com STMP	€5.64 B	-94.00%	🇺🇸 USA
Etsy ETSY	€5.47 B	-94.18%	🇺🇸 USA
Shoper SHO.WA	€0.27 B	-99.71%	🇵🇱 Poland

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Shopify (SHOP)

Market cap: €94.11 Billion