ETSY (ETSY)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$9.61B
EV / Sales3.36
EV / EBITDA18.33
EV / Operating Cash Flow13.26
EV / Free Cash Flow14.29

Return Metrics (TTM)

Return on Equity (ROE)-25.47%
Return on Assets (ROA)10.62%
Return on Invested Capital (ROIC)15.34%
Return on Capital Employed (ROCE)28.55%

Yield Metrics

Earnings Yield3.62%
Free Cash Flow Yield8.68%

Balance Sheet Strength

Net Debt / EBITDA3.55
Current Ratio1.69
Working Capital$862.26M
Tangible Asset Value-$1.19B
Net Current Asset Value-$1.71B

Working Capital Efficiency

Days Sales Outstanding24.80
Days Payables Outstanding91.68
Operating Cycle (Days)24.80
Cash Conversion Cycle-66.88

Capital Allocation

CapEx / Revenue1.83%
CapEx / Operating Cash Flow7.22%
R&D / Revenue15.32%
SG&A / Revenue42.43%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin71.64%
Operating Margin12.76%
Net Profit Margin5.65%

Solvency

Debt / Equity-2.80
Quick Ratio1.44
Cash Ratio1.02

Per Share

Revenue / Share$29.36
FCF / Share$6.50
PE Ratio33.00