MetaCap

Etsy (ETSY) vs HealthEquity (HQY)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

Etsy (ETSY) has outperformed HealthEquity (HQY) over the past year, gaining 5.3% versus a loss of 0.2%. Over five years, HQY leads with a +46.7% price change compared with -65.3% for ETSY. HealthEquity is the larger company by market cap ($7.66 billion vs $7.04 billion), about 1.1 times the size.

On valuation, Etsy trades at a lower forward P/E (11.1x vs 16.8x for HealthEquity). HealthEquity converts more of its revenue into profit, with a net margin of 16.4% versus 5.7%.

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

Relative performance

ETSY+5.28%HQY-0.18%
+22%-10%-42%
Oct 9, 20251 yearOct 9, 2026
ETSY-63.82%HQY+43.23%
+82%-3%-87%
Oct 4, 20215 yearsOct 5, 2026

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

Head-to-head

ETSY versus HQY key metrics
MetricETSYHQY
Share price$76.71$92.61
Market cap$7.04B$7.66B
1-day change+2.09%-0.47%
YTD return+38.37%+1.09%
1-year return+5.28%-0.18%
5-year return-65.30%+46.65%
P/E ratio (TTM)21.9833.43
Forward P/E11.1316.84
EPS (TTM)$3.49$2.77
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$2.88B$1.31B
Revenue growth (YoY)+2.68%+9.47%
Net income (latest FY)$162.98M$215.20M
Gross margin71.64%69.52%
Operating margin9.23%24.55%
Net margin5.65%16.38%
52-week high$87.97$107.62
52-week low$44.00$72.76
Distance from 52-week high-12.80%-13.95%
Analyst consensusbuystrong_buy
Avg. price target upside+15.15%+28.85%
Average volume3.05M844.82K
Shares outstanding91.78M82.72M
Employees2,3752,814
SectorConsumer DiscretionaryConsumer Discretionary
IndustryBusiness ServicesBusiness 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

  • HealthEquity trades at a higher earnings multiple (33.4x vs 22.0x trailing P/E).
  • HealthEquity is more profitable, keeping 16.4 cents of every revenue dollar as net income versus 5.7 cents for Etsy.
  • HealthEquity grew revenue faster in its latest fiscal year (+9.47% vs +2.68%).

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

About HealthEquity

HQY stock →

HealthEquity, Inc. provides technology-enabled services platforms to consumers and employers in the United States.

Consumer Discretionary · Business Services · 2,814 employees

ETSY vs HQY FAQ

Which is bigger, Etsy or HealthEquity?

HealthEquity (HQY) is larger, with a market capitalization of $7.66B compared with $7.04B for Etsy (ETSY).

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

ETSY returned +5.28% over the past 12 months, compared with -0.18% for HQY (price return, excluding dividends). Past performance does not predict future results.

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

ETSY has the lower trailing P/E at 22.0, versus 33.4 for HQY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are Etsy and HealthEquity in the same industry?

Yes. Both are classified in the Business Services industry within the Consumer Discretionary sector.

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