Head-to-head · free
Shopify vs Toyota Motor Corporation
SHOP vs TM — return on capital, cash generation, margins and balance sheet side by side.
SHOP
4 / 5
measures where SHOP leads
TM
1 / 5
measures where TM leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | SHOP · FY2025 | TM |
|---|---|---|
| Revenue | $11.6B | — |
| Net income | $1.2B | — |
| Revenue growth (yearly, multi-year) | 30.1% | — |
| Free cash flow | $2.0B | — |
| Free cash flow margin | 17.4% | — |
| Net cash / (debt) | — | — |
| ROIC | 8.9% | 3.6% |
| Return on equity | 9.8% | 10.1% |
| Gross margin | 48.1% | 16.7% |
| Operating margin | 16.3% | 7.4% |
| Net debt / EBITDA | -1.02x | 4.84x |
Figures are as reported by each company; latest fiscal year shown.
Where Shopify's cash went (FY2025)
- Capital spending
- $26.0M
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
Ask which business is stronger
"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.
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