Etsy, Inc.

ETSY Consumer Cyclical Internet Retail

Revenue
+11.0%
EPS
+1,132.8%
Free cash flow
−26.1%
Total debt
+0.16%

Quarter to September 2026, against a year earlier

96.80 6.94 +7.72%
Market cap
$7.8B
P/E
8.4×
Fwd P/E
21.8×
Dividend yield
—
F-score
5/9
Altman Z
1.26
Beneish M
−3.45
Dividend safety
n/a

Etsy, Inc. (ETSY) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Etsy, Inc. (ETSY) trades at a EV/EBITDA of 17.2×. Over the past ten years it has ranged from 0.0× (September 2023) to 113× (July 2015); the current reading is higher than 23% of that period. That is below the Internet Retail industry median of 18.4× and above the Consumer Cyclical sector median of 9.7×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 19.5× 28.10%
FY2024 15.2× (49.46%)
FY2023 30.1× —
FY2022 0.0× —
FY2021 54.2× 24.29%
FY2020 43.6× 13.44%
FY2019 38.4× (27.34%)
FY2018 52.9× (4.58%)
FY2017 55.4× 181.75%
FY2016 19.7× 28.72%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 13.9× (20.13%)
Jun 2026 17.4× 31.72%
Mar 2026 13.2× (32.32%)
Dec 2025 19.5× 2.08%
43 more quarters

Against its own ten years

Low 0.0× High 113×
Ten-year median 30.3×
Current reading's percentile 23

EV/EBITDA against peers

Company EV/EBITDA
CPNG Coupang, Inc. compare n/m
VIPS Vipshop Holdings Limited compare 1.2×
ETSY Etsy, Inc. 17.2×
CART Maplebear Inc. compare 17.9×
CHWY Chewy compare 19.0×
GLBE Global-e Online Ltd. compare 32.4×
W Wayfair Inc. compare 32.8×
JD JD.com, Inc. compare 34.7×
PTRN Pattern Group Inc. compare 43.8×
Internet Retail industry median 18.4×
Consumer Cyclical sector median 9.7×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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