MetaCap

Maplebear (CART) vs Etsy (ETSY)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Maplebear (CART) has outperformed Etsy (ETSY) over the past year, gaining 16.8% versus a gain of 7.1%. Maplebear is the larger company by market cap ($10.99 billion vs $6.90 billion), about 1.6 times the size. On valuation, Maplebear trades at a lower forward P/E (9.5x vs 10.9x for Etsy).

Maplebear converts more of its revenue into profit, with a net margin of 11.9% versus 5.7%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CART+16.77%ETSY+7.13%
+34%-3%-41%
Oct 8, 20251 yearOct 8, 2026
CART+54.33%ETSY+17.77%
+80%+21%-37%
Sep 18, 20235 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CART versus ETSY key metrics
MetricCARTETSY
Share price$46.30$75.14
Market cap$10.99B$6.90B
1-day change+2.41%+5.11%
YTD return+2.93%+35.53%
1-year return+16.77%+7.13%
5-year return—-66.01%
P/E ratio (TTM)25.3021.97
Forward P/E9.4510.90
EPS (TTM)$1.83$3.42
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$3.74B$2.88B
Revenue growth (YoY)+10.78%+2.68%
Net income (latest FY)$447.00M$162.98M
Gross margin73.70%71.64%
Operating margin13.31%9.23%
Net margin11.95%5.65%
52-week high$52.68$87.97
52-week low$32.73$44.00
Distance from 52-week high-12.11%-14.59%
Analyst consensusbuybuy
Avg. price target upside+25.72%+17.55%
Average volume4.03M3.04M
Shares outstanding237.33M91.78M
Employees3,6002,375
SectorConsumer CyclicalConsumer Discretionary
IndustryInternet RetailBusiness Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Maplebear is more profitable, keeping 11.9 cents of every revenue dollar as net income versus 5.7 cents for Etsy.
  • Maplebear grew revenue faster in its latest fiscal year (+10.78% vs +2.68%).
  • The two companies sit in different sectors: Maplebear in Consumer Cyclical and Etsy in Consumer Discretionary.

About Maplebear

CART stock →

Maplebear Inc., doing business as Instacart, operates as a technology and enablement partner for the grocery industry in the United States and internationally. The company offers Instacart Marketplace which helps retailers serve customers' needs by supporting fulfillment options, shopping occasions, and categories; Instacart Enterprise platform, an end-to-end technology solution for retailers across all aspects of business; and Instacart Ads, enables brands to learn more about general consumer behavior from discovery to purchase, offering insights about how to optimize advertising spend.

Consumer Cyclical · Internet Retail · 3,600 employees

About Etsy

ETSY stock →

Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, and internationally. It operates through Etsy and Depop segments.

Consumer Discretionary · Business Services · 2,375 employees

CART vs ETSY FAQ

Which is bigger, Maplebear or Etsy?

Maplebear (CART) is larger, with a market capitalization of $10.99B compared with $6.90B for Etsy (ETSY).

Which stock has performed better over the past year, CART or ETSY?

CART returned +16.77% over the past 12 months, compared with +7.13% for ETSY (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, CART or ETSY?

ETSY has the lower trailing P/E at 22.0, versus 25.3 for CART. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are Maplebear and Etsy in the same industry?

No. Maplebear is in the Consumer Cyclical sector, while Etsy is in Consumer Discretionary.

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