ETSY INC (ETSY) Stock Fundamental Analysis

NYSE:ETSY • US29786A1060

45.92 USD
+1.56 (+3.52%)
Last: Feb 18, 2026, 11:10 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Overall ETSY gets a fundamental rating of 6 out of 10. We evaluated ETSY against 30 industry peers in the Broadline Retail industry. ETSY scores excellent on profitability, but there are some minor concerns on its financial health. ETSY is growing strongly while it is still valued neutral. This is a good combination! 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.
  • Of the past 5 years ETSY 4 years were profitable.
  • 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 0 500M -500M

1.2 Ratios

  • With a decent Return On Assets value of 6.87%, ETSY is doing good in 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.
  • Measured over the past 3 years, the Average Return On Invested Capital for ETSY 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

  • ETSY has a Profit Margin of 6.38%. This is in the better half of the industry: ETSY outperforms 63.33% of its industry peers.
  • ETSY's Profit Margin has declined in the last couple of years.
  • ETSY has a Operating Margin of 13.79%. This is amongst the best in the industry. ETSY outperforms 90.00% of its industry peers.
  • ETSY's Operating Margin has improved in the last couple of years.
  • ETSY's Gross Margin of 72.04% is amongst the best of the industry. ETSY outperforms 90.00% of its industry peers.
  • In the last couple of years the Gross Margin of ETSY has grown nicely.
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

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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

  • Based on the Altman-Z score of 1.56, we must say that ETSY is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of ETSY (1.56) is comparable to the rest of the industry.
  • The Debt to FCF ratio of ETSY is 4.84, which is a neutral value as it means it would take ETSY, 4.84 years of fcf income to pay off all of its debts.
  • ETSY's Debt to FCF ratio of 4.84 is in line compared to the rest of the industry. ETSY outperforms 60.00% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 4.84
Altman-Z 1.56
ROIC/WACC1.96
WACC7.11%
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

  • A Current Ratio of 3.17 indicates that ETSY has no problem at all paying 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.
  • A Quick Ratio of 3.17 indicates that ETSY has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 3.17, ETSY belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
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.
  • ETSY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.54% yearly.
  • Looking at the last year, ETSY shows a small growth in Revenue. The Revenue has grown by 1.98% in the last year.
  • The Revenue has been growing by 27.97% on average over the past years. This is a very strong growth!
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

  • Based on estimates for the next years, ETSY will show a very strong growth in Earnings Per Share. The EPS will grow by 25.74% on average per year.
  • The Revenue is expected to grow by 5.19% on average over the next years.
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

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • 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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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 19.13 indicates a rather expensive valuation of ETSY.
  • ETSY's Price/Earnings ratio is a bit cheaper when compared to the industry. ETSY is cheaper than 70.00% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.16. ETSY is valued slightly cheaper when compared to this.
  • Based on the Price/Forward Earnings ratio of 17.71, 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 28.10, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 19.13
Fwd PE 17.71
ETSY Price Earnings VS Forward Price EarningsETSY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • 66.67% of the companies in the same industry are more expensive than ETSY, based on the Enterprise Value to EBITDA ratio.
  • 86.67% 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 7.13
EV/EBITDA 11.44
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 decent profitability rating of ETSY 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%

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Find the best dividend stocksShow peers with best dividend

ETSY INC

NYSE:ETSY (2/18/2026, 11:10:42 AM)

45.92

+1.56 (+3.52%)

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-4.84%
Ins Owners1.06%
Ins Owner Change0.24%
Market Cap4.53B
Revenue(TTM)2.85B
Net Income(TTM)182.15M
Analysts68
Price Target68.17 (48.45%)
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)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 19.13
Fwd PE 17.71
P/S 1.59
P/FCF 7.13
P/OCF 6.56
P/B N/A
P/tB N/A
EV/EBITDA 11.44
EPS(TTM)2.4
EY5.23%
EPS(NY)2.59
Fwd EY5.65%
FCF(TTM)6.44
FCFY14.02%
OCF(TTM)7
OCFY15.25%
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 1.56
F-Score6
WACC7.11%
ROIC/WACC1.96
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.