Etsy Inc
Research Etsy Inc (ETSY) on Bullrun: valuation model: 41.4% overvalued, market cap USD 7.09B, P/E 45.1. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerETSY
- ExchangeNYSE
- CountryUnited States
- SectorConsumer Cyclical
- IndustryInternet Retail
- CurrencyUSD
- Valuation signal41.4% overvalued
- Market capUSD 7.09B
- P/E45.1
- Financial periodQ2 2026
- RevenueUSD 668.31M
- Net income-USD 46.65M
- Free cash flowUSD 32.78M
- Gross margin72.4%
Valuation Snapshot
Bullrun's latest valuation model marks Etsy Inc as 41.4% overvalued; latest market cap is USD 7.09B; P/E is 45.1.
Peer valuation comparison
Latest P/E is 45.13x versus a Consumer Cyclical sector median of 17.61x (156.2% above).
Latest P/E is 45.13x versus a United States median of 23.85x (89.2% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 2.88B | USD 163.00M | USD 678.03M | 71.6% | 1.39 | USD 1.36B | USD 2.98B | -USD 1.10B |
| FY2024 | USD 2.81B | USD 303.00M | USD 738.26M | 72.4% | 2.35 | USD 811.18M | USD 2.29B | -USD 758.87M |
| FY2023 | USD 2.75B | USD 308.00M | USD 692.56M | 69.8% | 2.24 | USD 914.32M | USD 2.28B | -USD 543.72M |
| FY2022 | USD 2.57B | -USD 694.00M | USD 673.38M | 71.0% | -5.48 | USD 921.28M | USD 2.28B | -USD 547.27M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 7.09B | 45.1 | n/a | n/a |
| 2025 | 2025-12-31 | USD 5.38B | 40.8 | n/a | n/a |
| 2024 | 2024-12-31 | USD 5.74B | 22.3 | n/a | n/a |
| 2023 | 2023-12-29 | USD 9.71B | 33.9 | n/a | n/a |
| 2022 | 2022-12-30 | USD 15.05B | n/a | n/a | n/a |
| 2021 | 2021-12-31 | USD 27.81B | 64.2 | n/a | n/a |
About Etsy Inc
Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, and internationally. It operates through Etsy and Depop segments. The company operates Etsy marketplace that connects artisans with various consumers; and Depop, a fashion resale marketplace.
ETFs that hold Etsy Inc
Etsy Inc is one of the ten largest holdings of 5 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| Amundi S&P SmallCap 600 Screened UCITS ETF DIST | 0.67% | 0.35% |
| L&G Ecommerce Logistics UCITS ETF | 2.97% | 0.49% |
| Xtrackers World Small Cap Green Tech Innovators UCITS ETF 1C | 2.10% | 0.45% |
| Global X E-commerce UCITS ETF USD Acc | 5.35% | 0.50% |
| Xtrackers World Small Cap Green Tech Innovators UCITS ETF 1D | 2.10% | 0.45% |
Related stock research
Other Consumer Cyclical stocks
Frequently asked questions
Is Etsy Inc overvalued or undervalued?
Bullrun's valuation model currently marks Etsy Inc as 41.4% overvalued.
What is Etsy Inc's market cap?
Etsy Inc's market capitalization is USD 7.09B.
What is Etsy Inc's P/E ratio?
Etsy Inc's price-to-earnings (P/E) ratio is 45.1.
What does Etsy Inc do?
Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, and internationally. It operates through Etsy and Depop segments. The company operates Etsy marketplace that connects artisans with various consumers; and Depop, a fashion resale marketplace. It also provides marketplace activities, including transaction offsite advertising, payments processing, and listing fees, as well as from optional seller services, which include on-site advertising and shipping labels.