Switch theme
Sign up to access all valuation multiples
Etsy operates a top-10 e-commerce marketplace in the US and the UK, with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $12.5 billion in 2024 consolidated gross merchandise volume, Etsy has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2024, the firm connected more than 95 million buyers and 8 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).
2006
2.4K+
LTM Revenue $2.8B
LTM EBITDA $760M
$7.3B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Etsy has a last 12-month revenue (LTM) of $2.8B and a last 12-month EBITDA of $760M.
In the most recent fiscal year, Etsy achieved revenue of $2.8B and an EBITDA of $533M.
Etsy expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Etsy valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $2.8B | XXX | $2.8B | XXX | XXX | XXX |
| Gross Profit | $2.0B | XXX | $2.0B | XXX | XXX | XXX |
| Gross Margin | 72% | XXX | 72% | XXX | XXX | XXX |
| EBITDA | $760M | XXX | $533M | XXX | XXX | XXX |
| EBITDA Margin | 27% | XXX | 19% | XXX | XXX | XXX |
| EBIT | $339M | XXX | $380M | XXX | XXX | XXX |
| EBIT Margin | 12% | XXX | 14% | XXX | XXX | XXX |
| Net Profit | $257M | XXX | $303M | XXX | XXX | XXX |
| Net Margin | 9% | XXX | 11% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $1.5B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of May 30, 2025, Etsy's stock price is $55.
Etsy has current market cap of $5.8B, and EV of $7.3B.
See Etsy trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $7.3B | $5.8B | XXX | XXX | XXX | XXX | $2.04 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Start Free TrialAs of May 30, 2025, Etsy has market cap of $5.8B and EV of $7.3B.
Etsy's trades at 2.6x EV/Revenue multiple, and 13.7x EV/EBITDA.
Equity research analysts estimate Etsy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Etsy has a P/E ratio of 22.5x.
See valuation multiples for Etsy and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $5.8B | XXX | $5.8B | XXX | XXX | XXX |
| EV (current) | $7.3B | XXX | $7.3B | XXX | XXX | XXX |
| EV/Revenue | 2.6x | XXX | 2.6x | XXX | XXX | XXX |
| EV/EBITDA | 9.6x | XXX | 13.7x | XXX | XXX | XXX |
| EV/EBIT | 21.5x | XXX | 19.2x | XXX | XXX | XXX |
| EV/Gross Profit | 3.6x | XXX | n/a | XXX | XXX | XXX |
| P/E | 22.5x | XXX | 19.0x | XXX | XXX | XXX |
| EV/FCF | 11.0x | XXX | 10.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialEtsy's last 12 month revenue growth is 0%
Etsy's revenue per employee in the last FY averaged $1.2M, while opex per employee averaged $0.7M for the same period.
Etsy's rule of 40 is 14% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Etsy's rule of X is 27% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Etsy and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 0% | XXX | 0% | XXX | XXX | XXX |
| EBITDA Margin | 27% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Growth | -3% | XXX | 35% | XXX | XXX | XXX |
| Rule of 40 | 14% | XXX | 19% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 27% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $1.2M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.7M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 31% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 16% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 59% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Prosus | XXX | XXX | XXX | XXX | XXX | XXX |
| Just Eat Takeaway.com | XXX | XXX | XXX | XXX | XXX | XXX |
| Marti Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Airtasker | XXX | XXX | XXX | XXX | XXX | XXX |
| Articore Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Etsy acquired XXX companies to date.
Last acquisition by Etsy was XXXXXXXX, XXXXX XXXXX XXXXXX . Etsy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was Etsy founded? | Etsy was founded in 2006. |
| Where is Etsy headquartered? | Etsy is headquartered in United States of America. |
| How many employees does Etsy have? | As of today, Etsy has 2.4K+ employees. |
| Who is the CEO of Etsy? | Etsy's CEO is Mr. Josh Silverman. |
| Is Etsy publicy listed? | Yes, Etsy is a public company listed on NAS. |
| What is the stock symbol of Etsy? | Etsy trades under ETSY ticker. |
| When did Etsy go public? | Etsy went public in 2015. |
| Who are competitors of Etsy? | Similar companies to Etsy include e.g. Prosus, Just Eat Takeaway.com, Marti Technologies, Airtasker. |
| What is the current market cap of Etsy? | Etsy's current market cap is $5.8B |
| What is the current revenue of Etsy? | Etsy's last 12 months revenue is $2.8B. |
| What is the current revenue growth of Etsy? | Etsy revenue growth (NTM/LTM) is 0%. |
| What is the current EV/Revenue multiple of Etsy? | Current revenue multiple of Etsy is 2.6x. |
| Is Etsy profitable? | Yes, Etsy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Etsy? | Etsy's last 12 months EBITDA is $760M. |
| What is Etsy's EBITDA margin? | Etsy's last 12 months EBITDA margin is 27%. |
| What is the current EV/EBITDA multiple of Etsy? | Current EBITDA multiple of Etsy is 9.6x. |
| What is the current FCF of Etsy? | Etsy's last 12 months FCF is $663M. |
| What is Etsy's FCF margin? | Etsy's last 12 months FCF margin is 24%. |
| What is the current EV/FCF multiple of Etsy? | Current FCF multiple of Etsy is 11.0x. |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
