Etsy

Etsy

Broadline Retail
Etsy operates a top-10 e-commerce marketplace in the US and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $12.5 billion in 2024 consolidated gross merchandise volume, Etsy has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. The firm connects about 95 million buyers and 8 million sellers on its marketplace properties: Etsy and Depop (clothing resale).

$8B

Market Cap • 10/27/2026

2006

(20 years)

Founded

2015

(11 years ago)

IPO

NYSE

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

—

P/S

2,8

P/EBITDA

15

P/OCF

12,2

P/FCF

12,4

P/E

49

BVPS

—

EPS

1,7

Market Cap

Market Cap

8B

EV

10B

EV/Revenue

3,5

EV/EBITDA

18,6

EV/EBIT

21,9

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

8,9%

Total Yield

8,9%

Payout

0%

Retained Earnings

-2,8B

Profitability

Gross Margin

72,3%

EBITDA Margin

18,8%

EBIT Margin

16%

Net Margin

14,2%

D&A/EBITDA

0%

R&D/Revenue

15%

Capex/Revenue

0,3%

Capex/D&A

10%

Capex/OCF

1,2%

SBC/OCF

34,7%

% PPE

8,2%

% Goodwill

1,5%

ROE

—

ROIC

35,3%

Growth

CAGR Revenue 5Y

5,9%

CAGR Op. Income 5Y

-2,5%

CAGR Net Income 5Y

-3,4%

CAGR EPS 5Y

-12,3%

CAGR OCF 5Y

-1,2%

Leverage

N.D./EBITDA

3,6

Debt/Equity

0%

Current Ratio

1,5

Quick Ratio

1

Interest Coverage

—

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