ETSY INC (ETSY) Stock Fundamental Analysis

NYSE:ETSY • US29786A1060

45.73 USD
-0.51 (-1.1%)
At close: Feb 13, 2026
46.39 USD
+0.66 (+1.44%)
After Hours: 2/13/2026, 8:05:40 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

We assign a fundamental rating of 6 out of 10 to ETSY. ETSY was compared to 30 industry peers in the Broadline Retail industry. While ETSY has a great profitability rating, there are some minor concerns on its financial health. ETSY is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes ETSY very considerable for growth investing!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • In the past year ETSY was profitable.
  • ETSY had a positive operating cash flow in the past year.
  • ETSY had positive earnings in 4 of the past 5 years.
  • In the past 5 years ETSY always reported a positive cash flow from operatings.
ETSY Yearly Net Income VS EBIT VS OCF VS FCFETSY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 6.87%, ETSY is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 13.92%, ETSY belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
  • ETSY had an Average Return On Invested Capital over the past 3 years of 14.75%. This is significantly above the industry average of 9.24%.
Industry RankSector Rank
ROA 6.87%
ROE N/A
ROIC 13.92%
ROA(3y)-0.78%
ROA(5y)5.01%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)14.75%
ROIC(5y)14.2%
ETSY Yearly ROA, ROE, ROICETSY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 100

1.3 Margins

  • The Profit Margin of ETSY (6.38%) is better than 66.67% of its industry peers.
  • In the last couple of years the Profit Margin of ETSY has declined.
  • ETSY has a Operating Margin of 13.79%. This is amongst the best in the industry. ETSY outperforms 90.00% of its industry peers.
  • In the last couple of years the Operating Margin of ETSY has grown nicely.
  • ETSY has a Gross Margin of 72.04%. This is amongst the best in the industry. ETSY outperforms 90.00% of its industry peers.
  • ETSY's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 13.79%
PM (TTM) 6.38%
GM 72.04%
OM growth 3Y-12.19%
OM growth 5Y4.53%
PM growth 3Y-20.12%
PM growth 5Y-1.62%
GM growth 3Y0.24%
GM growth 5Y1.6%
ETSY Yearly Profit, Operating, Gross MarginsETSY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 60

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ETSY is creating value.
  • The number of shares outstanding for ETSY has been reduced compared to 1 year ago.
  • ETSY has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for ETSY is higher compared to a year ago.
ETSY Yearly Shares OutstandingETSY Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
ETSY Yearly Total Debt VS Total AssetsETSY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • ETSY has an Altman-Z score of 1.58. This is a bad value and indicates that ETSY is not financially healthy and even has some risk of bankruptcy.
  • ETSY has a Altman-Z score (1.58) which is comparable to the rest of the industry.
  • ETSY has a debt to FCF ratio of 4.84. This is a neutral value as ETSY would need 4.84 years to pay back of all of its debts.
  • The Debt to FCF ratio of ETSY (4.84) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 4.84
Altman-Z 1.58
ROIC/WACC1.99
WACC7.01%
ETSY Yearly LT Debt VS Equity VS FCFETSY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B

2.3 Liquidity

  • ETSY has a Current Ratio of 3.17. This indicates that ETSY is financially healthy and has no problem in meeting its short term obligations.
  • ETSY has a Current ratio of 3.17. This is amongst the best in the industry. ETSY outperforms 96.67% of its industry peers.
  • ETSY has a Quick Ratio of 3.17. This indicates that ETSY is financially healthy and has no problem in meeting its short term obligations.
  • ETSY has a better Quick ratio (3.17) than 96.67% of its industry peers.
Industry RankSector Rank
Current Ratio 3.17
Quick Ratio 3.17
ETSY Yearly Current Assets VS Current LiabilitesETSY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

7

3. Growth

3.1 Past

  • ETSY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.45%, which is quite impressive.
  • Measured over the past years, ETSY shows a very strong growth in Earnings Per Share. The EPS has been growing by 25.54% on average per year.
  • The Revenue has been growing slightly by 1.98% in the past year.
  • Measured over the past years, ETSY shows a very strong growth in Revenue. The Revenue has been growing by 27.97% on average per year.
EPS 1Y (TTM)22.45%
EPS 3Y-11.42%
EPS 5Y25.54%
EPS Q2Q%40%
Revenue 1Y (TTM)1.98%
Revenue growth 3Y6.44%
Revenue growth 5Y27.97%
Sales Q2Q%2.36%

3.2 Future

  • The Earnings Per Share is expected to grow by 25.74% on average over the next years. This is a very strong growth
  • ETSY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.19% yearly.
EPS Next Y-44.42%
EPS Next 2Y4.6%
EPS Next 3Y9.02%
EPS Next 5Y25.74%
Revenue Next Year2.33%
Revenue Next 2Y2.59%
Revenue Next 3Y3.68%
Revenue Next 5Y5.19%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
ETSY Yearly Revenue VS EstimatesETSY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1B 2B 3B 4B 5B
ETSY Yearly EPS VS EstimatesETSY Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 5 -5

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 19.05, which indicates a rather expensive current valuation of ETSY.
  • 73.33% of the companies in the same industry are more expensive than ETSY, based on the Price/Earnings ratio.
  • ETSY's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.97.
  • Based on the Price/Forward Earnings ratio of 17.64, the valuation of ETSY can be described as rather expensive.
  • ETSY's Price/Forward Earnings ratio is in line with the industry average.
  • ETSY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 27.96, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 19.05
Fwd PE 17.64
ETSY Price Earnings VS Forward Price EarningsETSY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ETSY indicates a somewhat cheap valuation: ETSY is cheaper than 66.67% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of ETSY indicates a rather cheap valuation: ETSY is cheaper than 86.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 7.1
EV/EBITDA 11.71
ETSY Per share dataETSY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20

4.3 Compensation for Growth

  • ETSY has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.75
EPS Next 2Y4.6%
EPS Next 3Y9.02%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for ETSY!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ETSY INC

NYSE:ETSY (2/13/2026, 8:05:40 PM)

After market: 46.39 +0.66 (+1.44%)

45.73

-0.51 (-1.1%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)10-29
Earnings (Next)02-19
Inst Owners127.45%
Inst Owner Change-2.46%
Ins Owners1.06%
Ins Owner Change0.23%
Market Cap4.51B
Revenue(TTM)2.85B
Net Income(TTM)182.15M
Analysts68
Price Target68.17 (49.07%)
Short Float %16.3%
Short Ratio5.01
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-12.69%
Min EPS beat(2)-42.84%
Max EPS beat(2)17.46%
EPS beat(4)2
Avg EPS beat(4)-6.27%
Min EPS beat(4)-42.84%
Max EPS beat(4)17.46%
EPS beat(8)2
Avg EPS beat(8)-9.59%
EPS beat(12)4
Avg EPS beat(12)-4.72%
EPS beat(16)6
Avg EPS beat(16)-131.87%
Revenue beat(2)2
Avg Revenue beat(2)1.66%
Min Revenue beat(2)1.44%
Max Revenue beat(2)1.89%
Revenue beat(4)2
Avg Revenue beat(4)-0.13%
Min Revenue beat(4)-3.17%
Max Revenue beat(4)1.89%
Revenue beat(8)3
Avg Revenue beat(8)-0.29%
Revenue beat(12)5
Avg Revenue beat(12)0.07%
Revenue beat(16)8
Avg Revenue beat(16)0.54%
PT rev (1m)-0.9%
PT rev (3m)-1.3%
EPS NQ rev (1m)0.27%
EPS NQ rev (3m)-0.84%
EPS NY rev (1m)1.4%
EPS NY rev (3m)-0.88%
Revenue NQ rev (1m)0.21%
Revenue NQ rev (3m)0.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.27%
Valuation
Industry RankSector Rank
PE 19.05
Fwd PE 17.64
P/S 1.58
P/FCF 7.1
P/OCF 6.53
P/B N/A
P/tB N/A
EV/EBITDA 11.71
EPS(TTM)2.4
EY5.25%
EPS(NY)2.59
Fwd EY5.67%
FCF(TTM)6.44
FCFY14.08%
OCF(TTM)7
OCFY15.31%
SpS28.91
BVpS-11.27
TBVpS-14.74
PEG (NY)N/A
PEG (5Y)0.75
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 6.87%
ROE N/A
ROCE 18.86%
ROIC 13.92%
ROICexc 50.15%
ROICexgc 122.39%
OM 13.79%
PM (TTM) 6.38%
GM 72.04%
FCFM 22.26%
ROA(3y)-0.78%
ROA(5y)5.01%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)14.75%
ROIC(5y)14.2%
ROICexc(3y)35.74%
ROICexc(5y)46.84%
ROICexgc(3y)158.05%
ROICexgc(5y)N/A
ROCE(3y)19.98%
ROCE(5y)19.24%
ROICexgc growth 3Y8.45%
ROICexgc growth 5Y39.3%
ROICexc growth 3Y36.7%
ROICexc growth 5Y26.37%
OM growth 3Y-12.19%
OM growth 5Y4.53%
PM growth 3Y-20.12%
PM growth 5Y-1.62%
GM growth 3Y0.24%
GM growth 5Y1.6%
F-Score6
Asset Turnover1.08
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 4.84
Debt/EBITDA 6.19
Cap/Depr 54.08%
Cap/Sales 1.96%
Interest Coverage 250
Cash Conversion 139.08%
Profit Quality 348.8%
Current Ratio 3.17
Quick Ratio 3.17
Altman-Z 1.58
F-Score6
WACC7.01%
ROIC/WACC1.99
Cap/Depr(3y)40.81%
Cap/Depr(5y)35.34%
Cap/Sales(3y)1.48%
Cap/Sales(5y)1.24%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.45%
EPS 3Y-11.42%
EPS 5Y25.54%
EPS Q2Q%40%
EPS Next Y-44.42%
EPS Next 2Y4.6%
EPS Next 3Y9.02%
EPS Next 5Y25.74%
Revenue 1Y (TTM)1.98%
Revenue growth 3Y6.44%
Revenue growth 5Y27.97%
Sales Q2Q%2.36%
Revenue Next Year2.33%
Revenue Next 2Y2.59%
Revenue Next 3Y3.68%
Revenue Next 5Y5.19%
EBIT growth 1Y7.23%
EBIT growth 3Y-6.54%
EBIT growth 5Y33.77%
EBIT Next Year94.95%
EBIT Next 3Y28.29%
EBIT Next 5Y20.11%
FCF growth 1Y-5.07%
FCF growth 3Y4.49%
FCF growth 5Y30.17%
OCF growth 1Y-1.55%
OCF growth 3Y4.92%
OCF growth 5Y29.46%

ETSY INC / ETSY FAQ

Can you provide the ChartMill fundamental rating for ETSY INC?

ChartMill assigns a fundamental rating of 6 / 10 to ETSY.


Can you provide the valuation status for ETSY INC?

ChartMill assigns a valuation rating of 5 / 10 to ETSY INC (ETSY). This can be considered as Fairly Valued.


How profitable is ETSY INC (ETSY) stock?

ETSY INC (ETSY) has a profitability rating of 7 / 10.


Can you provide the financial health for ETSY stock?

The financial health rating of ETSY INC (ETSY) is 5 / 10.


Can you provide the expected EPS growth for ETSY stock?

The Earnings per Share (EPS) of ETSY INC (ETSY) is expected to decline by -44.42% in the next year.