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) Return on invested capital

Alert me on Return on invested capital

Etsy, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 290.4%, up 243.8 percentage points from fiscal 2025 (46.5%). Over the past ten years it has ranged from −60.9% (fiscal 2022) to 137.0% (fiscal 2020); the current reading is higher than 91% of that period. That is above the Internet Retail industry median of 0.00% and above the Consumer Cyclical sector median of 3.54%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 46.5% 5.76
FY2024 40.8% 15.38
FY2023 25.4% 86.31
FY2022 −60.9% (75.24)
FY2021 14.3% (122.67)
FY2020 137.0% 124.37
FY2019 12.6% (26.62)
FY2018 39.2% 33.34
FY2017 5.88% (2.42)
FY2016 8.30% 9.51

Against its own ten years

Low −60.9% High 137.0%
Ten-year median 14.3%
Current reading's percentile 91

Return on invested capital against peers

Company Return on invested capital
ETSY Etsy, Inc. 290.4%
CHWY Chewy compare 58.6%
VIPS Vipshop Holdings Limited compare 34.2%
CART Maplebear Inc. compare 27.3%
GLBE Global-e Online Ltd. compare 26.5%
PTRN Pattern Group Inc. compare 8.54%
JD JD.com, Inc. compare 1.18%
CPNG Coupang, Inc. compare 0.00%
W Wayfair Inc. compare 0.00%
Internet Retail industry median 0.00%
Consumer Cyclical sector median 3.54%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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