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Etsy (ETSY) Financials

Etsy logo
$50.48 +2.88 (+6.05%)
Closing price 05/27/2025 04:00 PM Eastern
Extended Trading
$50.08 -0.40 (-0.79%)
As of 04:01 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Annual Income Statements for Etsy

Annual Income Statements for Etsy

This table shows Etsy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
303 308 -694 494 349 96 77 82 -30 -54
Consolidated Net Income / (Loss)
303 308 -694 494 349 96 77 82 -30 -54
Net Income / (Loss) Continuing Operations
303 308 -694 494 349 96 77 82 -30 -54
Total Pre-Tax Income
411 293 -662 472 366 81 55 32 -2.88 -28
Total Operating Income
380 280 -659 466 424 89 75 12 18 -1.88
Total Gross Profit
2,034 1,920 1,822 1,675 1,261 547 413 290 242 177
Total Revenue
2,808 2,748 2,566 2,329 1,726 818 604 441 365 273
Operating Revenue
2,808 2,748 2,566 2,329 1,726 818 604 441 365 273
Total Cost of Revenue
775 829 745 655 465 271 191 151 123 97
Operating Cost of Revenue
775 829 745 655 465 271 191 151 123 97
Total Operating Expenses
1,654 1,640 2,480 1,209 837 459 338 278 224 178
Selling, General & Admin Expense
354 343 312 283 156 121 83 91 86 69
Marketing Expense
857 759 710 655 501 216 158 109 82 67
Research & Development Expense
443 469 412 272 180 122 97 75 55 43
Impairment Charge
0.00 68 1,045 0.00 0.00 - - 3.16 0.55 0.00
Total Other Income / (Expense), net
31 13 -3.42 5.92 -58 -8.12 -20 20 -20 -26
Interest Expense
14 14 14 9.89 59 24 22 11 7.20 1.53
Interest & Investment Income
31 36 11 2.14 7.10 13 8.96 2.39 1.70 0.32
Other Income / (Expense), net
13 -8.98 -0.21 14 -6.52 3.01 -6.49 29 -15 -25
Income Tax Expense
107 -15 32 -22 16 -15 -22 -50 27 26
Basic Earnings per Share
$2.64 $2.51 ($5.48) $3.88 $2.88 $0.80 $0.64 $0.69 ($0.26) ($0.59)
Weighted Average Basic Shares Outstanding
114.94M 122.50M 126.78M 127.22M 121.25M 119.67M 120.15M 118.54M 113.56M 91.12M
Diluted Earnings per Share
$2.35 $2.24 ($5.48) $3.40 $2.69 $0.76 $0.61 $0.68 ($0.26) ($0.59)
Weighted Average Diluted Shares Outstanding
131.72M 140.15M 126.78M 146.68M 136.41M 125.72M 127.08M 122.27M 113.56M 91.12M
Weighted Average Basic & Diluted Shares Outstanding
107.07M 118.49M 124.65M 127.03M 126.05M 117.95M 119.57M 118.60M 115M 91.12M

Quarterly Income Statements for Etsy

This table shows Etsy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-52 130 57 53 63 83 88 62 75 110 -963
Consolidated Net Income / (Loss)
-52 130 57 53 63 83 88 62 75 110 -963
Net Income / (Loss) Continuing Operations
-52 130 57 53 63 83 88 62 75 110 -963
Total Pre-Tax Income
-33 178 74 79 80 109 97 5.41 81 128 -949
Total Operating Income
-22 155 87 70 68 115 89 -2.37 78 139 -955
Total Gross Profit
459 634 477 464 459 587 447 440 445 581 420
Total Revenue
651 852 662 648 646 842 636 629 641 807 594
Operating Revenue
651 852 662 648 646 842 636 629 641 807 594
Total Cost of Revenue
192 218 186 184 187 256 189 189 195 226 174
Operating Cost of Revenue
192 218 186 184 187 256 189 189 195 226 174
Total Operating Expenses
481 479 390 394 391 471 359 443 367 442 1,375
Selling, General & Admin Expense
80 83 86 96 89 93 84 87 80 85 75
Marketing Expense
189 285 197 183 192 261 161 166 171 245 147
Research & Development Expense
111 111 107 114 110 117 114 122 116 113 108
Impairment Charge
102 - 0.00 0.00 - - 0.00 68 - - 1,045
Total Other Income / (Expense), net
-11 23 -13 8.81 12 -6.29 8.41 7.79 3.07 -11 5.76
Income Tax Expense
19 48 16 26 17 26 9.12 -57 6.73 18 14
Basic Earnings per Share
($0.49) $1.15 $0.50 $0.46 $0.53 $0.69 $0.72 $0.50 $0.60 $0.88 ($7.62)
Weighted Average Basic Shares Outstanding
107.08M 114.94M 114.18M 116.43M 118.44M 122.50M 121.81M 123.46M 124.34M 126.78M 126.35M
Diluted Earnings per Share
($0.49) $1.01 $0.45 $0.41 $0.48 $0.62 $0.64 $0.45 $0.53 $1.03 ($7.62)
Weighted Average Diluted Shares Outstanding
107.08M 131.72M 130.75M 133.12M 135.34M 140.15M 138.89M 141.01M 142.97M 126.78M 126.35M
Weighted Average Basic & Diluted Shares Outstanding
104.28M 107.07M 112.49M 114.75M 116.93M 118.49M 119.75M 123.01M 123.35M 124.65M 125.69M

Annual Cash Flow Statements for Etsy

This table details how cash moves in and out of Etsy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
-103 -12 141 -464 801 76 52 134 -90 202
Net Cash From Operating Activities
752 706 684 652 679 207 199 69 48 33
Net Cash From Continuing Operating Activities
752 706 684 652 679 207 199 69 48 33
Net Income / (Loss) Continuing Operations
303 308 -694 494 349 96 77 82 -30 -54
Consolidated Net Income / (Loss)
303 308 -694 494 349 96 77 82 -30 -54
Depreciation Expense
108 91 97 74 58 48 27 27 23 19
Non-Cash Adjustments To Reconcile Net Income
276 380 1,296 149 142 66 57 8.86 39 42
Changes in Operating Assets and Liabilities, net
65 -74 -15 -65 126 -5.25 37 -49 -0.51 9.32
Net Cash From Investing Activities
-53 -73 -30 -1,558 -11 -488 -285 62 -135 -23
Net Cash From Continuing Investing Activities
-53 -73 -30 -1,558 -11 -486 -285 62 -135 -23
Purchase of Property, Plant & Equipment
-43 -40 -31 -28 -7.11 -15 -21 -13 -48 -21
Acquisitions
0.00 -0.01 -6.46 -1,702 -0.88 -270 -35 0.00 -7.88 0.00
Purchase of Investments
-331 -343 -270 -419 -499 -662 -514 -62 -161 -26
Sale and/or Maturity of Investments
321 309 278 591 496 461 285 137 81 24
Net Cash From Financing Activities
-787 -657 -506 453 119 360 144 6.56 -0.52 196
Net Cash From Continuing Financing Activities
-787 -657 -506 453 119 360 144 6.56 -0.52 196
Repayment of Debt
0.50 -4.07 -10 -55 -156 -3.64 -16 -7.80 -9.19 -3.38
Repurchase of Common Equity
-724 -577 -426 -303 -269 -177 -135 -10 0.00 -4.05
Other Financing Activities, net
-64 -75 -70 -189 -106 -110 -50 22 8.66 3.63
Effect of Exchange Rate Changes
-15 12 -6.02 -10 14 - -6.00 - -1.66 -3.95
Cash Interest Paid
9.05 9.32 9.53 6.05 3.41 3.21 10 7.56 2.00 1.35
Cash Income Taxes Paid
90 43 42 94 8.54 2.08 0.97 1.00 11 7.60

Quarterly Cash Flow Statements for Etsy

This table details how cash moves in and out of Etsy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-162 -7.76 60 -30 -125 172 -105 55 -134 131 31
Net Cash From Operating Activities
49 315 217 151 69 295 219 136 56 292 207
Net Cash From Continuing Operating Activities
49 315 217 151 69 295 219 136 56 292 207
Net Income / (Loss) Continuing Operations
-52 130 57 53 63 83 88 62 75 110 -963
Consolidated Net Income / (Loss)
-52 130 57 53 63 83 88 62 75 110 -963
Depreciation Expense
27 26 28 27 27 23 22 23 23 23 24
Non-Cash Adjustments To Reconcile Net Income
231 -83 167 122 70 83 72 113 112 88 1,095
Changes in Operating Assets and Liabilities, net
-157 241 -35 -51 -91 106 36 -62 -154 71 51
Net Cash From Investing Activities
-21 -16 -9.02 -2.64 -25 -19 -11 -6.62 -36 -0.09 -3.46
Net Cash From Continuing Investing Activities
-21 -16 -9.02 -2.64 -25 -19 -11 -6.62 -36 -0.09 -3.46
Purchase of Property, Plant & Equipment
-14 -10 -13 -10 -9.71 -13 -11 -8.25 -8.21 -5.48 -8.06
Purchase of Investments
-117 -64 -74 -51 -142 -55 -91 -81 -117 -65 -72
Sale and/or Maturity of Investments
110 58 78 58 127 48 90 82 89 70 83
Net Cash From Financing Activities
-205 -282 -167 -175 -163 -116 -305 -78 -159 -184 -156
Net Cash From Continuing Financing Activities
-205 -282 -167 -175 -163 -116 -305 -78 -159 -184 -156
Repayment of Debt
-8.87 -1.92 -1.40 3.26 0.56 -1.51 -0.01 0.05 -2.60 -7.77 1.85
Repurchase of Common Equity
-189 -260 -156 -150 -158 -93 -297 -39 -148 -150 -151
Other Financing Activities, net
-6.74 -21 -9.54 -28 -5.23 -21 -7.63 -39 -7.76 -26 -7.04
Effect of Exchange Rate Changes
14 -24 18 -2.80 -6.40 12 -7.54 2.76 4.53 24 -16

Annual Balance Sheets for Etsy

This table presents Etsy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
2,418 2,685 2,635 3,832 2,404 1,542 902 606 581 553
Total Current Assets
1,328 1,570 1,514 1,342 1,895 921 680 439 371 359
Cash & Equivalents
811 914 921 780 1,244 443 367 315 182 271
Short-Term Investments
228 236 250 204 425 374 257 25 100 22
Accounts Receivable
198 290 262 247 169 65 33 78 56 40
Prepaid Expenses
90 130 80 109 56 39 23 20 16 9.52
Plant, Property, & Equipment, net
237 250 250 275 112 145 120 118 126 105
Plant, Property & Equipment, gross
237 250 250 275 112 145 120 118 126 105
Total Noncurrent Assets
853 865 871 2,215 397 476 101 49 84 89
Long-Term Investments
112 87 29 85 39 89 0.00 - - -
Goodwill
137 138 138 1,371 141 139 37 39 36 28
Intangible Assets
414 457 535 607 187 199 35 4.10 7.51 2.87
Noncurrent Deferred & Refundable Income Taxes
146 138 122 96 0.12 14 23 0.16 - -
Other Noncurrent Operating Assets
45 45 48 56 30 35 5.85 5.90 41 53
Total Liabilities & Shareholders' Equity
2,418 2,685 2,635 3,832 2,404 1,542 902 606 581 553
Total Liabilities
3,177 3,229 3,182 3,203 1,662 1,136 501 209 236 223
Total Current Liabilities
665 711 632 616 455 189 112 102 84 80
Accounts Payable
26 30 29 28 41 26 27 14 11 14
Accrued Expenses
375 354 331 328 232 88 49 29 24 31
Current Deferred Revenue
19 15 14 12 11 7.62 7.48 6.26 5.65 4.71
Other Current Liabilities
245 313 258 247 170 66 25 48 36 24
Total Noncurrent Liabilities
2,512 2,518 2,550 2,588 1,207 947 389 106 152 142
Long-Term Debt
2,288 2,284 2,280 2,275 1,062 785 276 0.00 - -
Noncurrent Deferred & Payable Income Tax Liabilities
7.96 13 45 79 58 64 30 24 65 61
Other Noncurrent Operating Liabilities
215 221 226 233 87 98 80 78 82 73
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Total Equity & Noncontrolling Interests
-759 -544 -547 629 742 407 401 397 345 330
Total Preferred & Common Equity
-759 -544 -547 629 742 407 401 397 345 330
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Total Common Equity
-759 -544 -547 629 742 407 401 397 345 330
Common Stock
1,323 1,081 815 632 883 643 562 500 443 406
Retained Earnings
-1,784 -1,357 -1,048 72 -147 -227 -153 -96 -116 -86
Accumulated Other Comprehensive Income / (Loss)
-298 -267 -314 -75 5.95 -8.70 -7.81 -6.38 18 11

Quarterly Balance Sheets for Etsy

This table presents Etsy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Total Assets
2,121 2,418 2,442 2,448 2,498 2,685 2,449 2,569 2,501 2,635 2,450
Total Current Assets
1,110 1,328 1,321 1,359 1,404 1,570 1,344 1,414 1,345 1,514 1,352
Cash & Equivalents
649 811 819 759 789 914 742 842 787 921 790
Short-Term Investments
219 228 226 241 255 236 235 235 253 250 251
Accounts Receivable
171 198 181 250 256 290 241 244 229 262 217
Prepaid Expenses
71 90 95 109 105 130 126 93 77 80 94
Plant, Property, & Equipment, net
238 237 243 239 242 250 246 243 248 250 250
Plant, Property & Equipment, gross
238 237 243 239 242 250 246 243 248 250 250
Total Noncurrent Assets
773 853 879 850 851 865 860 912 907 871 848
Long-Term Investments
129 112 107 94 84 87 77 74 57 29 32
Goodwill
36 137 139 138 138 138 137 138 138 138 136
Intangible Assets
414 414 444 436 445 457 453 474 534 535 517
Noncurrent Deferred & Refundable Income Taxes
149 146 144 138 141 138 146 170 129 122 115
Other Noncurrent Operating Assets
45 45 45 46 43 45 46 55 49 48 48
Total Liabilities & Shareholders' Equity
2,121 2,418 2,442 2,448 2,498 2,685 2,449 2,569 2,501 2,635 2,450
Total Liabilities
3,031 3,177 3,067 3,083 3,081 3,229 3,072 3,033 3,041 3,182 3,057
Total Current Liabilities
519 665 553 564 565 711 549 503 499 632 497
Accounts Payable
17 26 20 13 10 30 14 15 20 29 17
Accrued Expenses
264 375 299 257 263 354 272 232 240 331 250
Current Deferred Revenue
22 19 17 16 14 15 15 14 15 14 12
Other Current Liabilities
215 245 217 279 279 313 248 242 225 258 218
Total Noncurrent Liabilities
2,512 2,512 2,514 2,519 2,516 2,518 2,523 2,530 2,542 2,550 2,559
Long-Term Debt
2,289 2,288 2,287 2,286 2,285 2,284 2,283 2,282 2,281 2,280 2,279
Noncurrent Deferred & Payable Income Tax Liabilities
7.41 7.96 7.10 8.79 11 13 25 29 44 45 62
Other Noncurrent Operating Liabilities
215 215 219 224 220 221 215 219 217 226 219
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-910 -759 -624 -635 -584 -544 -623 -464 -540 -547 -606
Total Preferred & Common Equity
-910 -759 -624 -635 -584 -544 -623 -464 -540 -547 -606
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
-910 -759 -624 -635 -584 -544 -623 -464 -540 -547 -606
Common Stock
1,385 1,323 1,270 1,203 1,152 1,081 1,028 958 914 815 774
Retained Earnings
-2,027 -1,784 -1,652 -1,553 -1,454 -1,357 -1,347 -1,135 -1,156 -1,048 -1,007
Accumulated Other Comprehensive Income / (Loss)
-268 -298 -242 -286 -282 -267 -304 -287 -298 -314 -373

Annual Metrics And Ratios for Etsy

This table displays calculated financial ratios and metrics derived from Etsy's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
2.18% 7.10% 10.18% 34.97% 110.86% 35.56% 36.82% 20.90% 33.44% 39.83%
EBITDA Growth
38.51% 164.44% -201.52% 15.73% 237.37% 47.36% 40.16% 61.68% 368.89% 19.49%
EBIT Growth
45.31% 141.12% -237.41% 14.83% 354.94% 34.36% 66.58% 1,461.35% 109.80% -175.89%
NOPAT Growth
-4.50% 163.76% -194.60% 20.35% 283.65% 0.31% 248.88% 145.12% 1,032.96% 69.86%
Net Income Growth
-1.39% 144.30% -240.68% 41.31% 264.20% 23.75% -5.27% 373.57% 44.69% -254.67%
EPS Growth
4.91% 140.88% -261.18% 26.39% 253.95% 24.59% -10.29% 361.54% 55.93% -55.26%
Operating Cash Flow Growth
6.66% 3.20% 4.92% -4.04% 228.12% 4.02% 187.88% 44.07% 44.67% 174.30%
Free Cash Flow Firm Growth
25.80% -61.69% 167.31% -310.67% 592.49% -207.25% 190.45% 327.40% -251.59% 117.99%
Invested Capital Growth
-24.85% -5.37% -71.02% 1,802.68% -66.19% 382.71% -10.84% -11.42% 64.48% -21.62%
Revenue Q/Q Growth
0.35% 1.29% 3.64% 4.48% 25.20% 9.35% 11.81% 6.28% 6.51% 9.17%
EBITDA Q/Q Growth
12.68% -8.26% -0.95% -0.02% 39.54% 9.92% 8.79% 77.74% -21.57% 221.06%
EBIT Q/Q Growth
15.58% -10.82% -0.47% -2.44% 47.79% 3.55% 8.81% 584.72% -86.58% 14.11%
NOPAT Q/Q Growth
9.73% -9.69% -0.44% 0.54% 42.65% -13.60% 3.11% 1,564.47% 167.76% 81.39%
Net Income Q/Q Growth
18.17% -7.87% -8.10% 2.71% 50.54% -9.41% -4.32% 422.12% -134.52% 2.04%
EPS Q/Q Growth
19.90% -15.47% -1.29% -1.16% 48.62% -8.43% -6.15% 466.67% -183.87% 46.85%
Operating Cash Flow Q/Q Growth
2.71% 0.48% 0.19% 7.74% 32.13% -10.19% 48.83% 37.01% 9.01% 73.51%
Free Cash Flow Firm Q/Q Growth
15.30% 1.48% -0.11% 0.43% 37.26% -25.34% 102.22% 11.56% 70.24% 0.00%
Invested Capital Q/Q Growth
-25.99% -17.10% -11.27% -3.49% -39.76% -7.62% -34.61% 50.97% -7.24% 9.29%
Profitability Metrics
- - - - - - - - - -
Gross Margin
72.42% 69.85% 70.98% 71.90% 73.07% 66.88% 68.40% 65.78% 66.21% 64.54%
EBITDA Margin
17.86% 13.18% -21.90% 23.77% 27.72% 17.33% 15.94% 15.56% 11.64% 3.31%
Operating Margin
13.54% 10.18% -25.66% 20.00% 24.57% 10.85% 12.39% 2.70% 4.82% -0.69%
EBIT Margin
14.02% 9.86% -25.67% 20.58% 24.19% 11.21% 11.31% 9.29% 0.72% -9.80%
Profit (Net Income) Margin
10.80% 11.19% -27.06% 21.19% 20.24% 11.72% 12.84% 18.54% -8.19% -19.77%
Tax Burden Percent
73.83% 105.04% 104.88% 104.63% 95.50% 118.91% 140.69% 253.53% 1,039.67% 193.12%
Interest Burden Percent
104.36% 108.11% 100.49% 98.38% 87.60% 87.88% 80.64% 78.69% -109.52% 104.49%
Effective Tax Rate
26.17% -5.04% 0.00% -4.63% 4.50% -18.91% -40.69% -153.53% 0.00% 0.00%
Return on Invested Capital (ROIC)
63.73% 56.83% -38.97% 50.48% 212.24% 61.32% 167.90% 42.76% 20.46% -2.55%
ROIC Less NNEP Spread (ROIC-NNEP)
65.79% 58.11% -59.39% 52.69% 226.75% 65.49% 176.15% 25.57% 35.67% 25.63%
Return on Net Nonoperating Assets (RNNOA)
-110.29% -113.21% -1,668.05% 21.51% -151.45% -37.57% -148.48% -20.70% -29.32% -20.08%
Return on Equity (ROE)
-46.57% -56.38% -1,707.02% 71.99% 60.79% 23.75% 19.43% 22.06% -8.86% -22.63%
Cash Return on Invested Capital (CROIC)
92.10% 62.35% 71.17% -129.55% 311.17% -70.04% 179.36% 54.87% -28.30% 21.69%
Operating Return on Assets (OROA)
15.43% 10.18% -20.37% 15.37% 21.16% 7.51% 9.06% 6.91% 0.46% -6.70%
Return on Assets (ROA)
11.89% 11.56% -21.47% 15.83% 17.70% 7.85% 10.28% 13.79% -5.27% -13.53%
Return on Common Equity (ROCE)
-46.57% -56.38% -1,707.02% 71.99% 60.79% 23.75% 19.43% 22.06% -8.86% -18.83%
Return on Equity Simple (ROE_SIMPLE)
-39.97% -56.57% 126.86% 78.51% 47.04% 23.58% 19.33% 20.61% -8.67% -16.36%
Net Operating Profit after Tax (NOPAT)
281 294 -461 487 405 106 105 30 12 -1.32
NOPAT Margin
10.00% 10.69% -17.96% 20.92% 23.47% 12.90% 17.43% 6.84% 3.37% -0.48%
Net Nonoperating Expense Percent (NNEP)
-2.07% -1.28% 20.42% -2.21% -14.51% -4.17% -8.25% 17.20% -15.21% -28.18%
Return On Investment Capital (ROIC_SIMPLE)
18.36% 16.89% -26.61% - - - - - - -
Cost of Revenue to Revenue
27.58% 30.15% 29.02% 28.10% 26.93% 33.12% 31.60% 34.22% 33.79% 35.46%
SG&A Expenses to Revenue
12.60% 12.49% 12.17% 12.13% 9.04% 14.80% 13.73% 20.73% 23.61% 25.21%
R&D to Revenue
15.78% 17.08% 16.07% 11.66% 10.44% 14.89% 16.11% 16.91% 15.09% 15.61%
Operating Expenses to Revenue
58.88% 59.67% 96.65% 51.90% 48.50% 56.04% 56.01% 63.08% 61.39% 65.23%
Earnings before Interest and Taxes (EBIT)
394 271 -659 479 417 92 68 41 2.63 -27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
502 362 -562 554 478 142 96 69 42 9.06
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 44.16 30.22 12.91 14.29 6.27 3.95 2.80
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 54.16 76.44 17.43 7.03 4.51 3.09
Price to Revenue (P/Rev)
2.12 3.53 5.87 11.92 13.00 6.41 9.49 5.64 3.73 3.39
Price to Earnings (P/E)
19.62 31.56 0.00 56.25 64.23 54.74 73.95 30.43 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
5.10% 3.17% 0.00% 1.78% 1.56% 1.83% 1.35% 3.29% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
18.75 21.38 30.35 15.79 225.98 17.98 91.21 32.58 14.59 14.21
Enterprise Value to Revenue (EV/Rev)
2.52 3.91 6.29 12.44 12.63 6.27 8.93 4.89 2.99 2.36
Enterprise Value to EBITDA (EV/EBITDA)
14.13 29.69 0.00 52.31 45.54 36.16 55.99 31.44 25.70 71.36
Enterprise Value to EBIT (EV/EBIT)
18.00 39.70 0.00 60.42 52.19 55.88 78.90 52.64 415.63 0.00
Enterprise Value to NOPAT (EV/NOPAT)
25.25 36.58 0.00 59.43 53.81 48.58 51.21 71.57 88.71 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
9.42 15.24 23.60 44.45 32.09 24.78 27.09 31.24 22.76 19.49
Enterprise Value to Free Cash Flow (EV/FCFF)
17.47 33.34 19.16 0.00 36.70 0.00 47.94 55.78 0.00 57.57
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
-3.02 -4.20 -4.17 3.62 1.43 1.93 0.70 0.03 0.04 0.04
Long-Term Debt to Equity
-3.02 -4.20 -4.17 3.62 1.43 1.93 0.69 0.01 0.02 0.02
Financial Leverage
-1.68 -1.95 28.09 0.41 -0.67 -0.57 -0.84 -0.81 -0.82 -0.78
Leverage Ratio
-3.92 -4.88 79.50 4.55 3.43 3.03 1.89 1.60 1.68 1.67
Compound Leverage Factor
-4.09 -5.27 79.89 4.48 3.01 2.66 1.52 1.26 -1.84 1.75
Debt to Total Capital
149.62% 131.25% 131.59% 78.35% 58.86% 65.88% 41.33% 2.44% 3.40% 3.84%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.57% 1.43% 1.91% 1.63%
Long-Term Debt to Total Capital
149.62% 131.25% 131.59% 78.35% 58.86% 65.88% 40.77% 1.01% 1.48% 2.20%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
-49.62% -31.25% -31.59% 21.65% 41.14% 34.12% 58.67% 97.56% 96.60% 96.16%
Debt to EBITDA
4.56 6.31 -4.06 4.11 2.22 5.54 2.94 0.14 0.29 1.46
Net Debt to EBITDA
2.27 2.89 -1.92 2.18 -1.35 -0.86 -3.55 -4.82 -6.36 -30.88
Long-Term Debt to EBITDA
4.56 6.31 -4.06 4.11 2.22 5.54 2.89 0.06 0.12 0.84
Debt to NOPAT
8.15 7.77 -4.95 4.67 2.62 7.44 2.68 0.33 0.99 -9.99
Net Debt to NOPAT
4.05 3.56 -2.34 2.47 -1.60 -1.15 -3.25 -10.96 -21.94 212.07
Long-Term Debt to NOPAT
8.15 7.77 -4.95 4.67 2.62 7.44 2.65 0.14 0.43 -5.74
Altman Z-Score
2.12 2.84 2.83 6.47 10.02 3.86 8.30 8.55 4.41 3.22
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 16.79%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
2.00 2.21 2.40 2.18 4.17 4.89 6.07 4.29 4.42 4.48
Quick Ratio
1.86 2.03 2.27 2.00 4.04 4.68 5.87 4.09 4.03 4.15
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
406 322 842 -1,251 594 -121 112 39 -17 11
Operating Cash Flow to CapEx
1,729.89% 1,768.38% 2,223.63% 2,312.93% 9,549.31% 1,354.37% 967.72% 525.24% 100.45% 159.13%
Free Cash Flow to Firm to Interest Expense
29.39 22.97 59.42 -126.52 10.08 -4.96 5.07 3.48 -2.36 7.36
Operating Cash Flow to Interest Expense
54.50 50.24 48.25 65.91 11.53 8.51 8.97 6.21 6.66 21.73
Operating Cash Flow Less CapEx to Interest Expense
51.35 47.40 46.08 63.06 11.41 7.88 8.04 5.03 0.03 8.07
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.10 1.03 0.79 0.75 0.87 0.67 0.80 0.74 0.64 0.68
Accounts Receivable Turnover
11.50 9.96 10.08 11.17 14.71 16.62 10.81 6.56 7.62 8.35
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
11.55 11.00 9.78 12.02 13.41 6.18 5.08 3.62 3.15 3.03
Accounts Payable Turnover
27.71 28.25 26.23 19.00 13.83 10.25 9.50 12.28 9.73 8.58
Days Sales Outstanding (DSO)
31.74 36.65 36.22 32.67 24.81 21.96 33.75 55.66 47.89 43.72
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
13.17 12.92 13.91 19.21 26.39 35.60 38.43 29.73 37.53 42.55
Cash Conversion Cycle (CCC)
18.57 23.73 22.31 13.46 -1.58 -13.64 -4.67 25.93 10.37 1.16
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
378 503 532 1,834 96 285 59 66 75 45
Invested Capital Turnover
6.38 5.31 2.17 2.41 9.04 4.75 9.63 6.26 6.07 5.29
Increase / (Decrease) in Invested Capital
-125 -29 -1,303 1,738 -189 226 -7.18 -8.54 29 -13
Enterprise Value (EV)
7,087 10,752 16,134 28,963 21,787 5,128 5,388 2,158 1,091 646
Market Capitalization
5,950 9,705 15,055 27,757 22,433 5,249 5,730 2,489 1,361 926
Book Value per Share
($6.75) ($4.54) ($4.35) $4.96 $5.89 $3.43 $3.33 $3.26 $2.98 $2.95
Tangible Book Value per Share
($11.64) ($9.51) ($9.71) ($10.65) $3.28 $0.58 $2.73 $2.91 $2.61 $2.68
Total Capital
1,529 1,740 1,732 2,904 1,805 1,192 683 407 357 344
Total Debt
2,288 2,284 2,280 2,275 1,062 785 282 9.91 12 13
Total Long-Term Debt
2,288 2,284 2,280 2,275 1,062 785 279 4.12 5.30 7.57
Net Debt
1,137 1,047 1,079 1,206 -646 -121 -342 -331 -270 -280
Capital Expenditures (CapEx)
43 40 31 28 7.11 15 21 13 48 21
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-377 -291 -290 -259 -229 -85 -52 2.04 12 -8.32
Debt-free Net Working Capital (DFNWC)
663 860 882 726 1,440 733 572 343 294 285
Net Working Capital (NWC)
663 860 882 726 1,440 733 568 337 287 279
Net Nonoperating Expense (NNE)
-23 -14 233 -6.20 56 9.65 28 -52 42 53
Net Nonoperating Obligations (NNO)
1,137 1,047 1,079 1,206 -646 -121 -342 -331 -270 -285
Total Depreciation and Amortization (D&A)
108 91 97 74 61 50 28 28 40 36
Debt-free, Cash-free Net Working Capital to Revenue
-13.42% -10.58% -11.29% -11.11% -13.28% -10.35% -8.64% 0.46% 3.22% -3.04%
Debt-free Net Working Capital to Revenue
23.59% 31.28% 34.37% 31.17% 83.45% 89.51% 94.77% 77.64% 80.52% 104.04%
Net Working Capital to Revenue
23.59% 31.28% 34.37% 31.17% 83.45% 89.51% 94.13% 76.33% 78.64% 101.99%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$2.64 $2.51 ($5.48) $3.88 $2.88 $0.80 $0.64 $0.69 ($0.26) ($0.59)
Adjusted Weighted Average Basic Shares Outstanding
114.94M 122.50M 126.78M 127.22M 121.25M 119.67M 120.15M 118.54M 116.13M 112.70M
Adjusted Diluted Earnings per Share
$2.35 $2.24 ($5.48) $3.40 $2.69 $0.76 $0.61 $0.68 ($0.26) ($0.59)
Adjusted Weighted Average Diluted Shares Outstanding
131.72M 140.15M 126.78M 146.68M 136.41M 125.72M 127.08M 122.27M 116.13M 112.70M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ($0.26) ($0.59)
Adjusted Weighted Average Basic & Diluted Shares Outstanding
107.07M 118.49M 124.65M 127.03M 126.05M 117.95M 119.57M 121.50M 113.56M 91.12M
Normalized Net Operating Profit after Tax (NOPAT)
281 244 271 326 405 62 52 11 13 -1.32
Normalized NOPAT Margin
10.00% 8.86% 10.54% 14.00% 23.47% 7.59% 8.67% 2.39% 3.48% -0.48%
Pre Tax Income Margin
14.63% 10.65% -25.80% 20.25% 21.19% 9.85% 9.12% 7.31% -0.79% -10.24%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
28.51 19.29 -46.50 48.50 7.09 3.77 3.08 3.68 0.36 -17.56
NOPAT to Interest Expense
20.33 20.93 -32.54 49.30 6.88 4.34 4.74 2.71 1.71 -0.86
EBIT Less CapEx to Interest Expense
25.36 16.45 -48.67 45.65 6.97 3.15 2.15 2.50 -6.26 -31.21
NOPAT Less CapEx to Interest Expense
17.18 18.09 -34.71 46.45 6.76 3.71 3.82 1.53 -4.92 -14.52
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
238.69% 187.59% -61.32% 61.35% 76.92% 184.56% 173.76% 12.59% 0.00% -7.50%

Quarterly Metrics And Ratios for Etsy

This table displays calculated financial ratios and metrics derived from Etsy's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
0.81% 1.17% 4.10% 3.01% 0.79% 4.35% 7.04% 7.48% 10.64% 12.56% 11.65%
EBITDA Growth
-94.77% 31.08% 3.46% 372.71% -6.35% -14.58% 111.90% -79.05% -7.06% -8.45% -969.69%
EBIT Growth
-132.79% 34.36% -1.96% 3,058.22% -12.93% -17.14% 109.28% -103.24% -7.25% -8.40% -1,239.37%
NOPAT Growth
-129.02% 28.32% -15.90% 273.61% -24.91% -26.22% 112.00% -137.40% -15.06% -25.02% -843.70%
Net Income Growth
-182.69% 56.01% -34.70% -14.39% -15.47% -23.99% 109.12% -15.33% -13.44% -32.19% -1,170.91%
EPS Growth
-202.08% 62.90% -29.69% -8.89% -9.43% -39.81% 108.40% -11.76% -11.67% -6.36% -1,329.03%
Operating Cash Flow Growth
-28.75% 6.73% -0.50% 10.85% 24.09% 1.15% 5.78% 8.36% -6.57% 0.44% 127.17%
Free Cash Flow Firm Growth
40.71% 104.09% 125.38% -85.93% -90.66% -91.80% -88.55% 173.31% 181.40% 190.08% 138.37%
Invested Capital Growth
-33.39% -24.85% -15.83% -16.38% -11.02% -5.37% 1.28% -63.06% -66.27% -71.02% -68.48%
Revenue Q/Q Growth
-23.59% 28.65% 2.25% 0.29% -23.31% 32.38% 1.18% -1.87% -20.61% 35.79% 1.60%
EBITDA Q/Q Growth
-97.27% 58.47% 17.79% 2.44% -31.45% 25.07% 438.19% -79.70% -37.48% 117.42% -1,047.82%
EBIT Q/Q Growth
-114.39% 78.69% 23.73% 3.05% -41.03% 30.38% 3,833.39% -103.03% -43.88% 114.59% -1,405.02%
NOPAT Q/Q Growth
-113.83% 67.48% 43.28% -12.56% -38.84% 9.76% 395.76% -137.82% -39.91% 117.86% -1,021.57%
Net Income Q/Q Growth
-140.10% 126.45% 8.23% -15.87% -24.33% -5.22% 41.89% -16.93% -31.96% 111.37% -1,417.05%
EPS Q/Q Growth
-148.51% 124.44% 9.76% -14.58% -22.58% -3.13% 42.22% -15.09% -48.54% 113.52% -1,594.12%
Operating Cash Flow Q/Q Growth
-84.38% 44.86% 43.93% 118.82% -76.61% 35.06% 60.35% 144.96% -80.93% 41.24% 64.26%
Free Cash Flow Firm Q/Q Growth
-26.18% 45.56% 4.60% 25.19% 7.07% 60.75% -93.47% -16.90% -5.97% 124.54% 141.78%
Invested Capital Q/Q Growth
0.97% -25.99% -8.40% -2.70% 13.92% -17.10% -9.00% 3.54% 21.16% -11.27% -66.81%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
70.51% 74.45% 71.98% 71.58% 71.03% 69.64% 70.32% 70.00% 69.50% 72.03% 70.66%
EBITDA Margin
0.76% 21.30% 17.29% 15.01% 14.70% 16.44% 17.40% 3.27% 15.82% 20.09% -156.55%
Operating Margin
-3.43% 18.20% 13.11% 10.83% 10.54% 13.71% 13.92% -0.38% 12.20% 17.26% -160.61%
EBIT Margin
-3.43% 18.20% 13.11% 10.83% 10.54% 13.71% 13.92% -0.38% 12.20% 17.26% -160.61%
Profit (Net Income) Margin
-8.00% 15.24% 8.66% 8.18% 9.75% 9.89% 13.81% 9.85% 11.63% 13.57% -162.00%
Tax Burden Percent
156.36% 72.84% 77.72% 67.11% 79.10% 76.27% 90.60% 1,143.61% 91.71% 85.66% 101.48%
Interest Burden Percent
149.23% 114.96% 85.02% 112.55% 116.98% 94.55% 109.50% -228.25% 103.93% 91.78% 99.40%
Effective Tax Rate
0.00% 27.16% 22.28% 32.89% 20.90% 23.73% 9.40% -1,043.61% 8.29% 14.34% 0.00%
Return on Invested Capital (ROIC)
-14.15% 84.55% 51.02% 32.92% 37.73% 55.55% 56.75% -9.32% 23.03% 32.07% -222.71%
ROIC Less NNEP Spread (ROIC-NNEP)
-17.13% 86.09% 50.17% 33.43% 38.51% 55.10% 57.37% -1.76% 23.27% 31.22% -245.62%
Return on Net Nonoperating Assets (RNNOA)
28.07% -144.32% -95.13% -70.67% -80.21% -107.35% -113.67% -35.40% 411.39% 876.69% 8,700.91%
Return on Equity (ROE)
13.92% -59.78% -44.10% -37.75% -42.48% -51.80% -56.92% -44.73% 434.42% 908.76% 8,478.20%
Cash Return on Invested Capital (CROIC)
78.44% 92.10% 62.98% 61.85% 56.73% 62.35% 52.71% 50.22% 62.68% 71.17% 67.43%
Operating Return on Assets (OROA)
-4.18% 20.04% 15.00% 11.97% 11.61% 14.16% 15.41% -0.33% 10.27% 13.70% -133.62%
Return on Assets (ROA)
-9.75% 16.78% 9.91% 9.04% 10.75% 10.21% 15.29% 8.52% 9.79% 10.77% -134.78%
Return on Common Equity (ROCE)
13.92% -59.78% -44.10% -37.75% -42.48% -51.80% -56.92% -44.73% 434.42% 908.76% 8,478.20%
Return on Equity Simple (ROE_SIMPLE)
-20.67% 0.00% -41.11% -45.22% -50.71% 0.00% -53.63% 154.48% 130.67% 0.00% 105.94%
Net Operating Profit after Tax (NOPAT)
-16 113 67 47 54 88 80 -27 72 119 -668
NOPAT Margin
-2.40% 13.26% 10.19% 7.27% 8.34% 10.45% 12.61% -4.31% 11.19% 14.79% -112.43%
Net Nonoperating Expense Percent (NNEP)
2.98% -1.55% 0.86% -0.51% -0.78% 0.45% -0.63% -7.56% -0.23% 0.86% 22.91%
Return On Investment Capital (ROIC_SIMPLE)
-1.13% 7.39% - - - 5.06% - - - 6.89% -
Cost of Revenue to Revenue
29.49% 25.55% 28.02% 28.42% 28.97% 30.36% 29.68% 30.00% 30.50% 27.97% 29.34%
SG&A Expenses to Revenue
12.32% 9.71% 13.01% 14.82% 13.79% 10.99% 13.21% 13.78% 12.48% 10.47% 12.54%
R&D to Revenue
16.97% 13.08% 16.19% 17.67% 17.01% 13.95% 17.91% 19.40% 18.09% 13.97% 18.17%
Operating Expenses to Revenue
73.93% 56.25% 58.87% 60.75% 60.49% 55.93% 56.41% 70.38% 57.30% 54.77% 231.27%
Earnings before Interest and Taxes (EBIT)
-22 155 87 70 68 115 89 -2.37 78 139 -955
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
4.96 182 115 97 95 138 111 21 101 162 -931
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
1.80 2.12 2.28 2.49 2.99 3.53 2.93 3.91 5.28 5.87 5.12
Price to Earnings (P/E)
26.84 19.62 24.83 24.02 27.80 31.56 23.80 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
3.73% 5.10% 4.03% 4.16% 3.60% 3.17% 4.20% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
16.62 18.75 14.70 14.51 16.38 21.38 15.12 17.35 23.39 30.35 23.17
Enterprise Value to Revenue (EV/Rev)
2.25 2.52 2.68 2.92 3.41 3.91 3.38 4.33 5.73 6.29 5.61
Enterprise Value to EBITDA (EV/EBITDA)
15.93 14.13 16.86 18.33 25.73 29.69 23.24 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
21.89 18.00 22.05 23.63 34.80 39.70 30.20 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
34.64 25.25 29.34 30.02 34.23 36.58 28.18 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
8.66 9.42 10.25 11.03 13.06 15.24 13.06 16.76 22.16 23.60 20.35
Enterprise Value to Free Cash Flow (EV/FCFF)
16.94 17.47 21.34 21.36 27.19 33.34 28.87 18.64 18.82 19.16 16.47
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
-2.51 -3.02 -3.66 -3.60 -3.91 -4.20 -3.67 -4.92 -4.22 -4.17 -3.76
Long-Term Debt to Equity
-2.51 -3.02 -3.66 -3.60 -3.91 -4.20 -3.67 -4.92 -4.22 -4.17 -3.76
Financial Leverage
-1.64 -1.68 -1.90 -2.11 -2.08 -1.95 -1.98 20.11 17.68 28.09 -35.42
Leverage Ratio
-3.09 -3.92 -3.92 -4.56 -4.45 -4.88 -3.99 52.73 45.70 79.50 -81.97
Compound Leverage Factor
-4.61 -4.50 -3.34 -5.14 -5.20 -4.61 -4.37 -120.36 47.49 72.96 -81.47
Debt to Total Capital
166.02% 149.62% 137.55% 138.46% 134.32% 131.25% 137.50% 125.54% 131.04% 131.59% 136.25%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
166.02% 149.62% 137.55% 138.46% 134.32% 131.25% 137.50% 125.54% 131.04% 131.59% 136.25%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
-66.02% -49.62% -37.55% -38.46% -34.32% -31.25% -37.50% -25.54% -31.04% -31.59% -36.25%
Debt to EBITDA
5.75 4.56 5.14 5.18 6.26 6.31 5.78 -3.53 -4.00 -4.06 -4.09
Net Debt to EBITDA
3.24 2.27 2.55 2.70 3.17 2.89 3.11 -1.75 -2.08 -1.92 -2.16
Long-Term Debt to EBITDA
5.75 4.56 5.14 5.18 6.26 6.31 5.78 -3.53 -4.00 -4.06 -4.09
Debt to NOPAT
12.50 8.15 8.94 8.48 8.33 7.77 7.01 -4.41 -4.90 -4.95 -4.96
Net Debt to NOPAT
7.06 4.05 4.44 4.43 4.22 3.56 3.78 -2.18 -2.55 -2.34 -2.63
Long-Term Debt to NOPAT
12.50 8.15 8.94 8.48 8.33 7.77 7.01 -4.41 -4.90 -4.95 -4.96
Altman Z-Score
1.29 1.79 1.94 2.07 2.38 2.65 2.40 2.91 3.65 3.83 2.06
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.14 2.00 2.39 2.41 2.49 2.21 2.45 2.81 2.69 2.40 2.72
Quick Ratio
2.00 1.86 2.22 2.21 2.30 2.03 2.22 2.62 2.54 2.27 2.53
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
176 238 164 156 125 117 73 1,111 1,337 1,422 633
Operating Cash Flow to CapEx
353.58% 3,009.93% 1,668.20% 1,468.32% 710.73% 2,351.43% 2,006.30% 1,651.97% 677.93% 5,323.91% 2,561.88%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.22 1.10 1.14 1.11 1.10 1.03 1.11 0.87 0.84 0.79 0.83
Accounts Receivable Turnover
13.18 11.50 13.25 11.23 11.36 9.96 11.83 12.02 11.93 10.08 12.11
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
11.73 11.55 11.45 11.51 11.23 11.00 10.95 10.58 10.11 9.78 0.00
Accounts Payable Turnover
56.63 27.71 48.17 58.13 54.63 28.25 51.54 47.64 43.05 26.23 48.18
Days Sales Outstanding (DSO)
27.70 31.74 27.56 32.49 32.13 36.65 30.85 30.36 30.59 36.22 30.13
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
6.45 13.17 7.58 6.28 6.68 12.92 7.08 7.66 8.48 13.91 7.58
Cash Conversion Cycle (CCC)
21.26 18.57 19.98 26.21 25.45 23.73 23.77 22.70 22.11 22.31 22.56
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
382 378 511 558 573 503 607 667 644 532 599
Invested Capital Turnover
5.89 6.38 5.01 4.53 4.53 5.31 4.50 2.16 2.06 2.17 1.98
Increase / (Decrease) in Invested Capital
-191 -125 -96 -109 -71 -29 7.69 -1,138 -1,266 -1,303 -1,302
Enterprise Value (EV)
6,344 7,087 7,507 8,089 9,386 10,752 9,173 11,568 15,061 16,134 13,883
Market Capitalization
5,052 5,950 6,372 6,897 8,229 9,705 7,944 10,437 13,877 15,055 12,677
Book Value per Share
($8.50) ($6.75) ($5.44) ($5.43) ($4.93) ($4.54) ($5.06) ($3.76) ($4.33) ($4.35) ($4.79)
Tangible Book Value per Share
($12.71) ($11.64) ($10.52) ($10.33) ($9.85) ($9.51) ($9.86) ($8.73) ($9.73) ($9.71) ($9.95)
Total Capital
1,379 1,529 1,663 1,651 1,701 1,740 1,660 1,818 1,740 1,732 1,672
Total Debt
2,289 2,288 2,287 2,286 2,285 2,284 2,283 2,282 2,281 2,280 2,279
Total Long-Term Debt
2,289 2,288 2,287 2,286 2,285 2,284 2,283 2,282 2,281 2,280 2,279
Net Debt
1,292 1,137 1,135 1,193 1,157 1,047 1,229 1,131 1,184 1,079 1,205
Capital Expenditures (CapEx)
14 10 13 10 9.71 13 11 8.25 8.21 5.48 8.06
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-277 -377 -277 -205 -204 -291 -182 -166 -194 -290 -186
Debt-free Net Working Capital (DFNWC)
591 663 768 795 839 860 795 911 846 882 855
Net Working Capital (NWC)
591 663 768 795 839 860 795 911 846 882 855
Net Nonoperating Expense (NNE)
36 -17 10 -5.91 -9.15 4.80 -7.62 -89 -2.82 9.81 295
Net Nonoperating Obligations (NNO)
1,292 1,137 1,135 1,193 1,157 1,047 1,229 1,131 1,184 1,079 1,205
Total Depreciation and Amortization (D&A)
27 26 28 27 27 23 22 23 23 23 24
Debt-free, Cash-free Net Working Capital to Revenue
-9.84% -13.42% -9.91% -7.41% -7.42% -10.58% -6.70% -6.22% -7.37% -11.29% -7.52%
Debt-free Net Working Capital to Revenue
21.00% 23.59% 27.43% 28.66% 30.48% 31.28% 29.30% 34.08% 32.19% 34.37% 34.53%
Net Working Capital to Revenue
21.00% 23.59% 27.43% 28.66% 30.48% 31.28% 29.30% 34.08% 32.19% 34.37% 34.53%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.49) $1.15 $0.50 $0.46 $0.53 $0.69 $0.72 $0.50 $0.60 $0.88 ($7.62)
Adjusted Weighted Average Basic Shares Outstanding
107.08M 114.94M 114.18M 116.43M 118.44M 122.50M 121.81M 123.46M 124.34M 126.78M 126.35M
Adjusted Diluted Earnings per Share
($0.49) $1.01 $0.45 $0.41 $0.48 $0.62 $0.64 $0.45 $0.53 $1.03 ($7.62)
Adjusted Weighted Average Diluted Shares Outstanding
107.08M 131.72M 130.75M 133.12M 135.34M 140.15M 138.89M 141.01M 142.97M 126.78M 126.35M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
104.28M 107.07M 112.49M 114.75M 116.93M 118.49M 119.75M 123.01M 123.35M 124.65M 125.69M
Normalized Net Operating Profit after Tax (NOPAT)
56 113 67 47 54 88 80 46 72 119 63
Normalized NOPAT Margin
8.53% 13.26% 10.19% 7.27% 8.34% 10.45% 12.61% 7.32% 11.19% 14.79% 10.63%
Pre Tax Income Margin
-5.12% 20.93% 11.14% 12.19% 12.33% 12.96% 15.24% 0.86% 12.68% 15.84% -159.64%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
401.07% 238.69% 217.15% 243.33% 198.33% 187.59% 190.03% -68.06% -72.44% -61.32% -53.51%

Frequently Asked Questions About Etsy's Financials

When does Etsy's fiscal year end?

According to the most recent income statement we have on file, Etsy's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Etsy's net income changed over the last 9 years?

Etsy's net income appears to be on an upward trend, with a most recent value of $303.28 million in 2024, falling from -$54.06 million in 2015. The previous period was $307.57 million in 2023. Find out what analysts predict for Etsy in the coming months.

What is Etsy's operating income?
Etsy's total operating income in 2024 was $380.21 million, based on the following breakdown:
  • Total Gross Profit: $2.03 billion
  • Total Operating Expenses: $1.65 billion
How has Etsy revenue changed over the last 9 years?

Over the last 9 years, Etsy's total revenue changed from $273.50 million in 2015 to $2.81 billion in 2024, a change of 926.8%.

How much debt does Etsy have?

Etsy's total liabilities were at $3.18 billion at the end of 2024, a 1.6% decrease from 2023, and a 1,327.3% increase since 2015.

How much cash does Etsy have?

In the past 9 years, Etsy's cash and equivalents has ranged from $181.59 million in 2016 to $1.24 billion in 2020, and is currently $811.18 million as of their latest financial filing in 2024.

How has Etsy's book value per share changed over the last 9 years?

Over the last 9 years, Etsy's book value per share changed from 2.95 in 2015 to -6.75 in 2024, a change of -328.8%.



This page (NASDAQ:ETSY) was last updated on 5/28/2025 by MarketBeat.com Staff
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