MetaCap

Etsy (ETSY) vs WEX (WEX)

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

Summary

WEX (WEX) has outperformed Etsy (ETSY) over the past year, gaining 9.6% versus a gain of 7.1%. Over five years, WEX leads with a -9.6% price change compared with -66.0% for ETSY. Etsy is the larger company by market cap ($6.90 billion vs $5.94 billion), about 1.2 times the size.

On valuation, WEX trades at a lower forward P/E (8.2x vs 10.9x for Etsy). WEX converts more of its revenue into profit, with a net margin of 11.4% versus 5.7%.

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

Relative performance

ETSY+7.13%WEX+9.63%
+31%-5%-40%
Oct 8, 20251 yearOct 8, 2026
ETSY-64.56%WEX-3.49%
+45%-20%-85%
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 WEX key metrics
MetricETSYWEX
Share price$75.14$174.41
Market cap$6.90B$5.94B
1-day change+5.11%+2.62%
YTD return+35.53%+17.07%
1-year return+7.13%+9.63%
5-year return-66.01%-9.59%
P/E ratio (TTM)21.9717.39
Forward P/E10.908.20
EPS (TTM)$3.42$10.03
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$2.88B$2.66B
Revenue growth (YoY)+2.68%+1.24%
Net income (latest FY)$162.98M$304.10M
Gross margin71.64%58.64%
Operating margin9.23%24.95%
Net margin5.65%11.43%
52-week high$87.97$203.99
52-week low$44.00$125.29
Distance from 52-week high-14.59%-14.50%
Analyst consensusbuybuy
Avg. price target upside+17.55%+12.01%
Average volume3.04M646.20K
Shares outstanding91.78M34.08M
Employees2,3756,600
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

  • Etsy trades at a higher earnings multiple (22.0x vs 17.4x trailing P/E).
  • WEX is more profitable, keeping 11.4 cents of every revenue dollar as net income versus 5.7 cents for Etsy.

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 WEX

WEX stock →

WEX Inc. operates a commerce platform in the United States and internationally.

Consumer Discretionary · Business Services · 6,600 employees

ETSY vs WEX FAQ

Which is bigger, Etsy or WEX?

Etsy (ETSY) is larger, with a market capitalization of $6.90B compared with $5.94B for WEX (WEX).

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

WEX returned +9.63% 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, ETSY or WEX?

WEX has the lower trailing P/E at 17.4, versus 22.0 for ETSY. 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 WEX in the same industry?

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

More comparisons