Shopify EBIT Margin 2013-2024 | SHOP
- Shopify average ebit margin for 2023 was -25.4%, a 227.74% decline from 2022.
- Shopify average ebit margin for 2022 was -7.75%, a 192.04% increase from 2021.
- Shopify average ebit margin for 2021 was 8.42%, a 309.98% decline from 2020.
Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues