Etsy ETSY Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 72.1%-0.3pp | 72.4%+2.6pp | 69.8%-1.1pp | 71%-0.9pp | |
| Operating margin | 10%-3.5pp | 13.5%+3.4pp | 10.2%— | —— | |
| Net margin | 5.7%-5.1pp | 10.8%-0.4pp | 11.2%— | —— | |
| Returns | |||||
| Return on invested capital | 17.8%-12.6pp | 30.4%+1.6pp | 28.7%— | —— | |
| Efficiency | |||||
| Asset turnover | 1.1×0.0× | 1.1×+0.1× | 1×+0.2× | 0.8×0.0× | |
| Liquidity | |||||
| Current ratio | 1.4×-0.6× | 2×-0.2× | 2.2×-0.2× | 2.4×+0.2× | |
| Leverage | |||||
| Net debt / EBITDA | 6.2×+2.9× | 3.3×-0.8× | 4.1×— | —— | |
| Per Share | |||||
| Book value per share | -$8.85-53.6% | -$5.76-48.5% | -$3.88+10.1% | -$4.32-201% | |
| Valuation | |||||
| Market capitalization | $5.47B-8.0% | $5.95B-38.7% | $9.71B-35.5% | $15.05B-45.8% | |
| Price / earnings | 33.6×+14.0× | 19.6×-11.9× | 31.6×— | —— | |
| Price / sales | 1.9×-0.2× | 2.1×-1.4× | 3.5×-2.3× | 5.9×-6.1× | |
| EV / EBITDA | 20.4×+4.9× | 15.5×-14.8× | 30.3×— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Etsy's profit margins?
- Etsy (ETSY) runs a 72.0% gross margin and a 14.3% operating margin, with a 9.9% net margin.
- Where do Etsy's ratios come from?
- Every ratio is computed from Etsy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
