ETSY INC (ETSY) Stock Fundamental Analysis

NYSE:ETSY • US29786A1060

55.18 USD
+1.74 (+3.26%)
At close: Feb 26, 2026
55.18 USD
0 (0%)
After Hours: 2/26/2026, 4:26:28 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Overall ETSY gets a fundamental rating of 4 out of 10. We evaluated ETSY against 30 industry peers in the Broadline Retail industry. ETSY has a medium profitability rating, but doesn't score so well on its financial health evaluation. ETSY has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

6

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.
  • ETSY had a positive operating cash flow in each of the past 5 years.
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 2025 0 500M -500M

1.2 Ratios

  • With a decent Return On Assets value of 5.76%, ETSY is doing good in the industry, outperforming 73.33% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 12.18%, ETSY belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for ETSY is above the industry average of 9.38%.
Industry RankSector Rank
ROA 5.76%
ROE N/A
ROIC 12.18%
ROA(3y)9.92%
ROA(5y)3.26%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)13.54%
ROIC(5y)12.85%
ETSY Yearly ROA, ROE, ROICETSY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 100

1.3 Margins

  • With a Profit Margin value of 5.65%, ETSY perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
  • In the last couple of years the Profit Margin of ETSY has declined.
  • ETSY has a Operating Margin of 12.76%. This is amongst the best in the industry. ETSY outperforms 90.00% of its industry peers.
  • ETSY's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 71.64%, ETSY belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
  • ETSY's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 12.76%
PM (TTM) 5.65%
GM 71.64%
OM growth 3Y-5.38%
OM growth 5Y-12.28%
PM growth 3YN/A
PM growth 5Y-22.52%
GM growth 3Y0.31%
GM growth 5Y-0.39%
ETSY Yearly Profit, Operating, Gross MarginsETSY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60

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3

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.
  • The number of shares outstanding for ETSY has been reduced compared to 5 years ago.
  • Compared to 1 year ago, ETSY has a worse debt to assets ratio.
ETSY Yearly Shares OutstandingETSY Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 1B 2B 3B

2.2 Solvency

  • ETSY has an Altman-Z score of 1.32. This is a bad value and indicates that ETSY is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of ETSY (1.32) is worse than 60.00% of its industry peers.
  • The Debt to FCF ratio of ETSY is 4.82, which is a neutral value as it means it would take ETSY, 4.82 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of ETSY (4.82) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 4.82
Altman-Z 1.32
ROIC/WACC1.69
WACC7.21%
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 2025 0 1B -1B 2B

2.3 Liquidity

  • ETSY has a Current Ratio of 1.44. This is a normal value and indicates that ETSY is financially healthy and should not expect problems in meeting its short term obligations.
  • The Current ratio of ETSY (1.44) is comparable to the rest of the industry.
  • ETSY has a Quick Ratio of 1.44. This is a normal value and indicates that ETSY is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 1.44, ETSY is in line with its industry, outperforming 56.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.44
Quick Ratio 1.44
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 2025 500M 1B 1.5B

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

4

3. Growth

3.1 Past

  • The earnings per share for ETSY have decreased by -3.38% in the last year.
  • ETSY shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.17% yearly.
  • The Revenue has been growing slightly by 2.68% in the past year.
  • Measured over the past years, ETSY shows a quite strong growth in Revenue. The Revenue has been growing by 10.81% on average per year.
EPS 1Y (TTM)-3.38%
EPS 3YN/A
EPS 5Y-3.17%
EPS Q2Q%-10.68%
Revenue 1Y (TTM)2.68%
Revenue growth 3Y3.96%
Revenue growth 5Y10.81%
Sales Q2Q%3.46%

3.2 Future

  • ETSY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.65% yearly.
  • Based on estimates for the next years, ETSY will show a small growth in Revenue. The Revenue will grow by 4.95% on average per year.
EPS Next Y13.22%
EPS Next 2Y15.81%
EPS Next 3Y41.42%
EPS Next 5Y29.65%
Revenue Next Year2.89%
Revenue Next 2Y4.37%
Revenue Next 3Y5.17%
Revenue Next 5Y4.95%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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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5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 24.10, which indicates a rather expensive current valuation of ETSY.
  • Based on the Price/Earnings ratio, ETSY is valued a bit cheaper than 63.33% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.05, ETSY is valued at the same level.
  • With a Price/Forward Earnings ratio of 21.28, ETSY is valued on the expensive side.
  • ETSY's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 28.03. ETSY is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 24.1
Fwd PE 21.28
ETSY Price Earnings VS Forward Price EarningsETSY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • 63.33% of the companies in the same industry are more expensive than ETSY, based on the Enterprise Value to EBITDA ratio.
  • 83.33% of the companies in the same industry are more expensive than ETSY, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 8.53
EV/EBITDA 12.47
ETSY Per share dataETSY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • ETSY has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as ETSY's earnings are expected to grow with 41.42% in the coming years.
PEG (NY)1.82
PEG (5Y)N/A
EPS Next 2Y15.81%
EPS Next 3Y41.42%

More info and screens

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

0

5. Dividend

5.1 Amount

  • ETSY does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

ETSY INC

NYSE:ETSY (2/26/2026, 4:26:28 PM)

After market: 55.18 0 (0%)

55.18

+1.74 (+3.26%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)02-19
Earnings (Next)04-28
Inst Owners127.45%
Inst Owner Change-9.71%
Ins Owners1.06%
Ins Owner Change0.27%
Market Cap5.45B
Revenue(TTM)2.88B
Net Income(TTM)162.98M
Analysts68
Price Target63.26 (14.64%)
Short Float %15.08%
Short Ratio4.35
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)2
Avg EPS beat(2)12.31%
Min EPS beat(2)7.17%
Max EPS beat(2)17.46%
EPS beat(4)2
Avg EPS beat(4)-6.51%
Min EPS beat(4)-42.84%
Max EPS beat(4)17.46%
EPS beat(8)3
Avg EPS beat(8)-5.99%
EPS beat(12)5
Avg EPS beat(12)-3.62%
EPS beat(16)6
Avg EPS beat(16)-133.74%
Revenue beat(2)1
Avg Revenue beat(2)-0.44%
Min Revenue beat(2)-2.32%
Max Revenue beat(2)1.44%
Revenue beat(4)2
Avg Revenue beat(4)0.09%
Min Revenue beat(4)-2.32%
Max Revenue beat(4)1.89%
Revenue beat(8)3
Avg Revenue beat(8)-0.55%
Revenue beat(12)4
Avg Revenue beat(12)-0.56%
Revenue beat(16)7
Avg Revenue beat(16)0.23%
PT rev (1m)-0.9%
PT rev (3m)-4.13%
EPS NQ rev (1m)-1.13%
EPS NQ rev (3m)-1.75%
EPS NY rev (1m)0.35%
EPS NY rev (3m)-0.88%
Revenue NQ rev (1m)0.18%
Revenue NQ rev (3m)0.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.27%
Valuation
Industry RankSector Rank
PE 24.1
Fwd PE 21.28
P/S 1.89
P/FCF 8.53
P/OCF 7.86
P/B N/A
P/tB N/A
EV/EBITDA 12.47
EPS(TTM)2.29
EY4.15%
EPS(NY)2.59
Fwd EY4.7%
FCF(TTM)6.47
FCFY11.73%
OCF(TTM)7.02
OCFY12.73%
SpS29.21
BVpS-11.12
TBVpS-14.52
PEG (NY)1.82
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 5.76%
ROE N/A
ROCE 25.14%
ROIC 12.18%
ROICexc 52.23%
ROICexgc 163.61%
OM 12.76%
PM (TTM) 5.65%
GM 71.64%
FCFM 22.15%
ROA(3y)9.92%
ROA(5y)3.26%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)13.54%
ROIC(5y)12.85%
ROICexc(3y)40.44%
ROICexc(5y)33.69%
ROICexgc(3y)147.39%
ROICexgc(5y)148.29%
ROCE(3y)21.93%
ROCE(5y)19.91%
ROICexgc growth 3Y-1.4%
ROICexgc growth 5YN/A
ROICexc growth 3Y17.12%
ROICexc growth 5Y-13.15%
OM growth 3Y-5.38%
OM growth 5Y-12.28%
PM growth 3YN/A
PM growth 5Y-22.52%
GM growth 3Y0.31%
GM growth 5Y-0.39%
F-Score5
Asset Turnover1.02
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 4.82
Debt/EBITDA 6.55
Cap/Depr 53.67%
Cap/Sales 1.9%
Interest Coverage 30.07
Cash Conversion 147.61%
Profit Quality 391.91%
Current Ratio 1.44
Quick Ratio 1.44
Altman-Z 1.32
F-Score5
WACC7.21%
ROIC/WACC1.69
Cap/Depr(3y)45.87%
Cap/Depr(5y)43.33%
Cap/Sales(3y)1.63%
Cap/Sales(5y)1.53%
Profit Quality(3y)280.7%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-3.38%
EPS 3YN/A
EPS 5Y-3.17%
EPS Q2Q%-10.68%
EPS Next Y13.22%
EPS Next 2Y15.81%
EPS Next 3Y41.42%
EPS Next 5Y29.65%
Revenue 1Y (TTM)2.68%
Revenue growth 3Y3.96%
Revenue growth 5Y10.81%
Sales Q2Q%3.46%
Revenue Next Year2.89%
Revenue Next 2Y4.37%
Revenue Next 3Y5.17%
Revenue Next 5Y4.95%
EBIT growth 1Y-3.23%
EBIT growth 3Y-1.63%
EBIT growth 5Y-2.8%
EBIT Next Year176.88%
EBIT Next 3Y45.71%
EBIT Next 5Y28.93%
FCF growth 1Y-9.9%
FCF growth 3Y-0.4%
FCF growth 5Y-0.98%
OCF growth 1Y-7.85%
OCF growth 3Y0.48%
OCF growth 5Y0.42%

ETSY INC / ETSY FAQ

Can you provide the ChartMill fundamental rating for ETSY INC?

ChartMill assigns a fundamental rating of 4 / 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 6 / 10.


Can you provide the financial health for ETSY stock?

The financial health rating of ETSY INC (ETSY) is 3 / 10.


Can you provide the expected EPS growth for ETSY stock?

The Earnings per Share (EPS) of ETSY INC (ETSY) is expected to grow by 13.22% in the next year.