SHOP vs. U: Shopify vs. Unity Software Stock Comparison
How do Shopify (SHOP) and Unity Software (U) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Shopify (SHOP) and Unity Software (U) both fall under the Software & Services industry group, but SHOP is classified in IT Services while U is classified in Software.
| Profile Item | SHOP | U |
|---|---|---|
| Name | Shopify Inc. | Unity Software Inc. |
| Country/Region | Canada | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | IT Services | Software |
| GICS Sub-Industry | Internet Services & Infrastructure | Application Software |
| Market Capitalization | 191.58 billion USD | 22.85 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | May 20, 2015 | September 18, 2020 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | SHOP | U |
|---|---|---|
| Total Return (1Y) | -0.87% | 30.56% |
| Total Return (3Y, Annualized) | 35.77% | 27.46% |
| Total Return (5Y, Annualized) | -0.57% | -21.16% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | SHOP | U |
|---|---|---|
| Volatility (1Y, Annualized) | 59.71% | 71.11% |
| Beta (5Y) | 2.65 | 1.97 |
| Max Drawdown (5Y) | -84.82% | -93.07% |
| Avg. Volume (3M) | 8.79M | 10.92M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | SHOP | U |
|---|---|---|
| Sharpe Ratio (1Y) | -0.09 | 0.37 |
| Sortino Ratio (1Y) | -0.12 | 0.51 |
Profitability
ROE (TTM)
Unity Software (U) reports a negative ROE of -9.66%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Shopify (SHOP) reports 16.83%, ranking against industry peers normally.
SHOP
Software & Services industry group
16.83%
- Max
- 53.85%
- Q3
- 17.90%
- SHOP
- 16.83%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
U
Software & Services industry group
-9.66%
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- U
- -9.66%
- Min
- -50.52%
Net Margin (TTM)
Unity Software (U) reports a negative net margin of -15.60%, usually indicating a net loss over the period. Meanwhile Shopify (SHOP) reports 15.01%, ranking against industry peers normally.
SHOP
Software & Services industry group
15.01%
- Max
- 41.17%
- Q3
- 15.28%
- SHOP
- 15.01%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
U
Software & Services industry group
-15.60%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- U
- -15.60%
- Min
- -33.17%
Operating Margin (TTM)
Shopify (SHOP) at 18.39% operates in the top operating margin quartile, ahead of Unity Software (U) at 16.95%, which runs around its industry’s norm.
SHOP
Software & Services industry group
18.39%
- Max
- 46.89%
- SHOP
- 18.39%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
U
Software & Services industry group
16.95%
- Max
- 46.89%
- Q3
- 17.64%
- U
- 16.95%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
Profitability Metrics
| Metric | SHOP | U |
|---|---|---|
| ROE (TTM) | 16.83% | -9.66% |
| ROA (TTM) | 10.77% | -0.45% |
| Net Margin (TTM) | 15.01% | -15.60% |
| Operating Margin (TTM) | 18.39% | 16.95% |
| Gross Margin (TTM) | 47.49% | 78.49% |
Growth
Revenue Growth
Shopify (SHOP) at 30.14% sits in the top revenue growth quartile, while Unity Software (U) at 2.01% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Only one side can be read here: Shopify (SHOP) reports EPS growth of -39.47%, ranked against its industry; Unity Software (U) has no EPS growth figure this period.
Growth Metrics
| Metric | SHOP | U |
|---|---|---|
| Revenue Growth (YoY) | 30.14% | 2.01% |
| Revenue Growth (3Y CAGR) | 27.31% | 9.96% |
| EPS Growth (YoY) | -39.47% | -- |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Unity Software (U) at 2.17 keeps current ratio within its industry’s typical mid-range, while Shopify (SHOP) at 4.86 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
SHOP
Software & Services industry group
4.86
- Max
- 5.11
- SHOP
- 4.86
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
U
Software & Services industry group
2.17
- Max
- 5.11
- Q3
- 2.77
- U
- 2.17
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
Debt / Equity (MRQ)
Shopify (SHOP) at 0.01 keeps leverage in the lower industry quartile, while Unity Software (U) at 0.66 runs a more typical debt-to-equity mix.
SHOP
Software & Services industry group
0.01
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- Q1
- 0.07
- SHOP
- 0.01
- Min
- 0.00
U
Software & Services industry group
0.66
- Max
- 2.52
- Q3
- 1.13
- U
- 0.66
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | SHOP | U |
|---|---|---|
| Current Ratio (MRQ) | 4.86 | 2.17 |
| Debt / Equity (MRQ) | 0.01 | 0.66 |
| Net Debt / EBITDA | -1.75 | -0.86 |
Dividends
Dividend Yield (TTM)
Neither Shopify (SHOP) nor Unity Software (U) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
SHOP
Software & Services industry group
0.00%
- SHOP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
U
Software & Services industry group
0.00%
- U
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Shopify (SHOP) nor Unity Software (U) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
SHOP
Software & Services industry group
0.00%
- SHOP
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
U
Software & Services industry group
0.00%
- U
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | SHOP | U |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Shopify (SHOP) trades at 91.36 times trailing earnings, ranked against its peers, while Unity Software (U) has no P/E ratio this period.
SHOP
Software & Services industry group
91.36
- Max
- 112.94
- SHOP
- 91.36
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
U
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- U
- --
P/S Ratio (TTM)
Both Shopify (SHOP) at 13.52 and Unity Software (U) at 10.48 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
SHOP
Software & Services industry group
13.52
- Max
- 17.91
- SHOP
- 13.52
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
U
Software & Services industry group
10.48
- Max
- 17.91
- U
- 10.48
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Unity Software (U) at 7.03 is valued about in line with its industry on P/B ratio, while Shopify (SHOP) at 15.02 carries an above-peer premium to book — SHOP is pricier on assets.
SHOP
Software & Services industry group
15.02
- Max
- 16.63
- SHOP
- 15.02
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
U
Software & Services industry group
7.03
- Max
- 16.63
- Q3
- 8.50
- U
- 7.03
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | SHOP | U |
|---|---|---|
| P/E Ratio (TTM) | 91.36 | -- |
| P/S Ratio (TTM) | 13.52 | 10.48 |
| P/B Ratio (MRQ) | 15.02 | 7.03 |
| Free Cash Flow Yield (TTM) | 0.86% | 2.76% |