Etsy (ETSY) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
2.8B
Gross Profit
2.0B
72.42%
Operating Income
380.2M
13.54%
Net Income
303.3M
10.80%
Balance Sheet Metrics
Total Assets
2.4B
Total Liabilities
3.2B
Shareholders Equity
-758.9M
Cash Flow Metrics
Operating Cash Flow
667.0M
Free Cash Flow
709.0M
Revenue & Profitability Trend
Etsy Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 2.8B | 2.7B | 2.6B | 2.3B | 1.7B |
| Cost of Goods Sold | 774.6M | 828.7M | 744.6M | 654.5M | 464.7M |
| Gross Profit | 2.0B | 1.9B | 1.8B | 1.7B | 1.3B |
| Operating Expenses | 1.7B | 1.6B | 1.4B | 1.2B | 836.9M |
| Operating Income | 380.2M | 347.9M | 386.5M | 465.7M | 424.0M |
| Pre-tax Income | 410.8M | 292.8M | -662.0M | 471.7M | 365.7M |
| Income Tax | 107.5M | -14.7M | 32.3M | -21.9M | 16.5M |
| Net Income | 303.3M | 307.6M | -694.3M | 493.5M | 349.2M |
| EPS (Diluted) | - | $2.24 | -$5.48 | $3.40 | $2.69 |
Income Statement Trend
Etsy Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.3B | 1.6B | 1.5B | 1.3B | 1.9B |
| Non-Current Assets | 1.1B | 1.1B | 1.1B | 2.5B | 509.7M |
| Total Assets | 2.4B | 2.7B | 2.6B | 3.8B | 2.4B |
| Liabilities | |||||
| Current Liabilities | 665.1M | 710.8M | 631.8M | 615.6M | 454.7M |
| Non-Current Liabilities | 2.5B | 2.5B | 2.6B | 2.6B | 1.2B |
| Total Liabilities | 3.2B | 3.2B | 3.2B | 3.2B | 1.7B |
| Equity | |||||
| Total Shareholders Equity | -758.9M | -543.7M | -547.3M | 628.6M | 742.4M |
Balance Sheet Composition
Etsy Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 303.3M | 307.6M | -694.3M | 493.5M | 349.2M |
| Operating Cash Flow | 667.0M | 620.8M | -405.4M | 609.0M | 510.0M |
| Investing Activities | |||||
| Capital Expenditures | -14.2M | -39.9M | -30.7M | -28.2M | -7.1M |
| Investing Cash Flow | -23.8M | -73.3M | -30.0M | -1.6B | -11.4M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -791.1M | -670.8M | -521.5M | 430.0M | 94.0M |
| Free Cash Flow | 709.0M | 665.6M | 646.4M | 621.4M | 671.8M |
Cash Flow Trend
Etsy Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
39.07
Forward P/E
20.74
Price to Sales
2.00
PEG Ratio
20.74
Profitability Ratios
Profit Margin
6.69%
Operating Margin
12.19%
Return on Equity
-39.97%
Return on Assets
10.60%
Financial Health
Current Ratio
2.14
Debt to Equity
-2.62
Beta
1.79
Per Share Data
EPS (TTM)
$1.38
Book Value per Share
-$8.66
Revenue per Share
$25.10
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| etsy | 5.6B | 39.07 | - | -39.97% | 6.69% | -2.62 |
| Amazon.com | 2.3T | 34.84 | 7.41 | 25.24% | 10.14% | 51.64 |
| MercadoLibre | 124.4B | 60.39 | 24.85 | 49.11% | 9.21% | 155.02 |
| Wayfair | 6.3B | -12.50 | -2.27 | 17.86% | -3.01% | -1.48 |
| Global-E Online | 5.3B | - | 5.98 | -6.93% | -7.70% | 2.70 |
| Coupang | 51.5B | 202.71 | 11.73 | 4.75% | 0.82% | 92.77 |
Financial data is updated regularly. All figures are in the company's reporting currency.