Skip to content
Company Analysis

Etsy, Inc. ETSY

A comprehensive view of key metrics, scores, and financial health for Etsy, Inc.

Overview of Etsy, Inc.

ETSY NYQ
Consumer Cyclical Internet Retail Framework: General Corporate Mid Cap
Etsy, Inc. (ETSY), is a Mid Cap company, in the Internet Retail industry, last closed at $92.45, about 9.7% overvalued vs fair value, +62.8% 1Y return, ranked 248/548 in sector.
Metrics P/E 42.2× Rev Growth 2.7% ROE -17.5% Gross Margin 71.6%
USD 92.45
3.92%
(Delayed)
• Vol 90d: 46.7%
52-Week Range
Market Cap
$7.97B
Enterprise Value
$10.05B
Overall Score
View breakdown
Overall
Growth
Weak
Profitability
Fair
Health
Fair
Efficiency
Fair
Valuation
Fair
Growth
Weak
Profitability
Fair
Health
Fair
Efficiency
Fair
Valuation
Fair
Completeness: 88%
Confidence: 93%
Updated: Oct 31
Top Beats

Quick Facts

Website https://www.etsy.com
HQ Brooklyn, NY
Employees 2,375
Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$75
$83
$93
Current: $92.45 -10% vs base

Engine Room Money Flow™

Mid Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$2.9B
2.7%%
Gross Profit
$2.1B
1.6%%
Operating Income
$266.2M
-30%%
Net Income
$163.0M
-46.3%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio FY2025
391.9%
Excellent

Operating Cash Flow / Net Income

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium
Locked Metric
-
Premium

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
3
Active Leaks
1/3
Improving
0
High Impact
1
Critical
Locked Leak
Upgrade to view details
Premium
Locked Leak
Upgrade to view details
Premium
Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Etsy, Inc.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
63
/100
Moderate
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Margins Consistently Above Peers Gross margin at 71.6% (top 16%) and operating margin at 9.2% (top 13%) indicate strong pricing power.
  • Cash Generation Consistent Cash generation is consistent (score 0.90), indicating reliable business model.

Key risks

  • Volatile Margins Suggest Cyclicality Margin volatility is high (stability score 0.32), suggesting cyclical exposure or competitive pressure.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Moderate
64
Premium

Signals, strengths and risks for Pricing Power

Premium

Signals, strengths and risks for Cost Advantage

Premium

Signals, strengths and risks for Customer Stickiness

Premium

Signals, strengths and risks for Capital Efficiency

Premium

Signals, strengths and risks for Resilience

Premium

Signals, strengths and risks for Scale & Market Position

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

vs Industry Peers 92% Coverage
Trade-Off Triangle Visualization A ternary plot showing ETSY's balance between Growth (22.2%), Profitability (43.5%), and Safety (34.4%). Growth 22% Safety 34% Profitability 43%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
Upgrade to unlock the full 3-year trend analysis and deltas.

Growth

39th percentile vs peers
39
Key Signals
Rev Growth YoY 2.7% 45p Revenue CAGR 3Y 4.0% 54p EPS Growth YoY -43.0% 27p EPS CAGR 3Y -11.9% 30p TSR -32.2% 19p
Strengths
  • Interest Coverage Ratio in top 20% of peers (14.33, 83th percentile)
  • Superior capital returns - 2 return metrics above peer median
  • FCF Margin in top 20% of peers (22.1%, 94th percentile)
Risks
  • Growth below peer median (percentile: 39)

Profitability

77th percentile vs peers
77
Key Signals
Strengths
Risks
Premium
Unlock full Profitability drilldowns

See the signal-level drivers and insights behind this axis. Upgrade to reveal the full Trade-Off Ledger.

Upgrade Now

Safety

60th percentile vs peers
61
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for Etsy, Inc..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
X.X%
X%XX%
X.X%
-XX%XX%
XX.X%
-XX%XX%
Adjust the sliders above to explore different valuation scenarios.
Unlock Premium
Reveal the full Scenario Theatre
See live sliders, narratives, and full Bear/Base/Bull outcomes.
Upgrade Now
Bear
-
- - -
- upside
-
Base
$83.46
- - -
-9.7% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
Actions & Info
Send Feedback
Please select a category.
0/1000