Etsy Financial Ratios
NYSE: ETSYConsumer DiscretionaryBusiness ServicesUSD
76.71+1.57 (+2.09%)
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Etsy ratio analysis
Etsy earned a net margin of 5.7% in FY 2025, down from 10.8% a year earlier. Gross margin was 71.6% compared with a median of 69.8% over the prior 9 years. At the end of FY 2025, ETSY traded at 41.2 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 22.9 to 81.5, with a median of 50.1.
Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Etsy financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 41.21 | 22.94 | 36.18 | — | 64.39 | 66.14 | 59.08 | 81.48 | 30.07 | — |
| Price / sales | 2.03 | 2.21 | 3.61 | 5.92 | 11.96 | 12.50 | 6.57 | 9.89 | 5.49 | 3.67 |
| Price / book | — | — | — | — | 44.31 | 29.06 | 13.21 | 14.89 | 6.11 | 3.88 |
| Gross margin | 71.6% | 72.4% | 69.8% | 71.0% | 71.9% | 73.1% | 66.9% | 68.4% | 65.8% | 66.2% |
| Operating margin | 9.2% | 13.5% | 10.2% | -25.7% | 20.0% | 24.6% | 10.8% | 12.4% | 2.7% | 4.8% |
| Net margin | 5.7% | 10.8% | 11.2% | -27.1% | 21.2% | 20.2% | 11.7% | 12.8% | 18.5% | -8.2% |
| Free cash flow margin | 23.5% | 26.3% | 25.2% | 26.2% | 27.5% | 39.3% | 24.4% | 32.8% | 14.8% | 3.3% |
| Return on equity (ROE) | — | — | — | — | 78.5% | 47.0% | 23.6% | 19.3% | 20.6% | -8.7% |
| Return on assets (ROA) | 5.8% | 12.5% | 11.5% | -26.3% | 12.9% | 14.5% | 6.2% | 8.6% | 13.5% | -5.1% |
| Debt / equity | — | — | — | — | 3.62 | 1.43 | 1.93 | 0.69 | 0.00 | — |
| Current ratio | 1.44 | 2.00 | 2.21 | 2.40 | 2.18 | 4.17 | 4.89 | 6.07 | 4.29 | 4.42 |
| Revenue growth | 2.7% | 2.2% | 7.1% | 10.2% | 35.0% | 110.9% | 35.6% | 36.8% | 20.9% | 33.4% |
| EPS growth | -40.9% | 4.9% | — | -261.2% | 26.4% | 253.9% | 24.6% | -10.3% | — | — |