Shopify Inc (SHOP)

1053.12 -35.01  -3.22% NYSE Aug 7, 20:00 USD

Shopify Gross Profit Margin

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Historical Gross Profit Margin Data

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View Gross Profit Margin for SHOP

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Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin Benchmarks

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Gross Profit Margin Range, Past 5 Years

Minimum Upgrade Jun 2020
Maximum Upgrade Mar 2018
Average Upgrade
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