Etsy Financial Statements From 2010 to 2024

ETSY Stock  USD 66.76  0.58  0.86%   
Etsy financial statements provide useful quarterly and yearly information to potential Etsy Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Etsy financial statements helps investors assess Etsy's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Etsy's valuation are summarized below:
Gross Profit
1.8 B
Profit Margin
0.1119
Market Capitalization
B
Enterprise Value Revenue
3.3416
Revenue
2.7 B
We have found one hundred twenty available fundamental signals for Etsy Inc, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of Etsy Inc prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to drop to about 8 B in 2024. Enterprise Value is likely to drop to about 8.4 B in 2024

Etsy Total Revenue

2.89 Billion

Check Etsy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Etsy main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.9 M, Interest Expense of 13.6 M or Selling General Administrative of 360.4 M, as well as many exotic indicators such as Price To Sales Ratio of 3.43, Dividend Yield of 0.0014 or Days Sales Outstanding of 46.97. Etsy financial statements analysis is a perfect complement when working with Etsy Valuation or Volatility modules.
  
This module can also supplement Etsy's financial leverage analysis and stock options assessment as well as various Etsy Technical models . Check out the analysis of Etsy Correlation against competitors.

Etsy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding129.3 M140.1 M115.2 M
Slightly volatile
Total Assets1.6 B2.7 B1.2 B
Slightly volatile
Short and Long Term Debt Total2.5 B2.4 B816.3 M
Slightly volatile
Other Current Liabilities414.5 M394.8 M136.4 M
Slightly volatile
Total Current Liabilities746.3 M710.8 M256.3 M
Slightly volatile
Other Liabilities111.6 M146.1 M85.1 M
Slightly volatile
Property Plant And Equipment Net160 M249.8 M121.9 M
Slightly volatile
Current Deferred RevenueM14.6 M7.2 M
Slightly volatile
Accounts Payable310.1 M295.3 M108.1 M
Slightly volatile
Cash554.5 M914.3 M414 M
Slightly volatile
Non Current Assets Total679.8 M1.1 B504.4 M
Slightly volatile
Non Currrent Assets Other24.7 M45.2 M18.2 M
Slightly volatile
Other Assets157.5 M150 M55.1 M
Slightly volatile
Long Term Debt2.4 B2.3 B773.5 M
Slightly volatile
Cash And Short Term Investments747.7 M1.2 B559.3 M
Slightly volatile
Net Receivables304.6 M290.1 M109.2 M
Slightly volatile
Good Will210.2 M138.4 M155.2 M
Slightly volatile
Common Stock Total Equity120.8 K143.8 K97.4 K
Slightly volatile
Short Term Investments193.2 M236.1 M145.3 M
Slightly volatile
Liabilities And Stockholders Equity1.6 B2.7 B1.2 B
Slightly volatile
Non Current Liabilities Total2.6 B2.5 B909 M
Slightly volatile
Other Current Assets136.4 M129.9 M46 M
Slightly volatile
Other Stockholder Equity617 M1.1 B456.7 M
Slightly volatile
Total Liabilities3.4 B3.2 B1.2 B
Slightly volatile
Property Plant And Equipment Gross518.5 M493.8 M186.2 M
Slightly volatile
Total Current Assets929.8 M1.6 B697.2 M
Slightly volatile
Short Term Debt5.5 M6.1 M4.2 M
Slightly volatile
Intangible Assets480 M457.1 M168.2 M
Slightly volatile
Common Stock121.7 K119 K95.8 K
Slightly volatile
Property Plant Equipment348.4 M331.8 M140.9 M
Slightly volatile
Deferred Long Term Liabilities52.3 M51.4 M35.5 M
Slightly volatile
Short and Long Term Debt11 M11.4 M8.8 M
Slightly volatile
Long Term Debt Total2.8 B2.6 B807.3 M
Slightly volatile
Capital Surpluse671.4 M937.3 M568.1 M
Slightly volatile
Capital Lease Obligations56.6 M105.7 M37.2 M
Slightly volatile
Non Current Liabilities Other118.9 M121.7 M97.3 M
Slightly volatile
Deferred Long Term Asset Charges34.3 M30.9 M40.9 M
Slightly volatile
Net Invested Capital1.7 B1.7 BB
Slightly volatile
Net Working Capital871.4 M859.7 M584.9 M
Slightly volatile
Capital Stock134.9 K119 K122.1 K
Slightly volatile
Long Term Investments52.7 M86.7 M79.1 M
Slightly volatile

Etsy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization45.9 M91.3 M37.5 M
Slightly volatile
Interest Expense13.6 M14 M10.8 M
Slightly volatile
Selling General Administrative360.4 M343.2 M136.9 M
Slightly volatile
Selling And Marketing Expenses797.2 M759.2 M276.3 M
Slightly volatile
Total Revenue2.9 B2.7 BB
Slightly volatile
Gross ProfitB1.9 B714 M
Slightly volatile
Other Operating Expenses2.5 B2.4 B944.8 M
Slightly volatile
Research Development492.8 M469.3 M155.9 M
Slightly volatile
EBITDA311.4 M475.3 M248.1 M
Slightly volatile
Cost Of Revenue870.1 M828.7 M306 M
Slightly volatile
Total Operating Expenses1.7 B1.6 B638.8 M
Slightly volatile
Interest Income37.8 M36 M17.2 M
Very volatile
Non Recurring1.3 B1.2 B513.1 M
Slightly volatile
Reconciled Depreciation66.4 M91.3 M45.3 M
Slightly volatile

Etsy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation298.8 M284.6 M78.8 M
Slightly volatile
Begin Period Cash Flow972.9 M926.6 M380.3 M
Slightly volatile
Depreciation45.9 M91.3 M37.5 M
Slightly volatile
Capital Expenditures24.2 M39.9 M21.1 M
Slightly volatile
Total Cash From Operating Activities740.8 M705.5 M271.2 M
Slightly volatile
End Period Cash Flow513.9 M914.3 M412.7 M
Slightly volatile
Change To Liabilities46.6 M24.6 M33.7 M
Slightly volatile
Change To Operating Activities33.4 M59.9 M25.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.433.612614.3804
Slightly volatile
Dividend Yield0.00140.00160.0017
Slightly volatile
Days Sales Outstanding46.9738.529744.019
Slightly volatile
Operating Cash Flow Per Share6.055.75912.2089
Slightly volatile
Stock Based Compensation To Revenue0.110.10350.0606
Slightly volatile
EV To Sales3.944.149411.3311
Slightly volatile
Days Of Inventory On Hand0.00.00.0
Very volatile
Payables Turnover3.522.80613.4814
Slightly volatile
Sales General And Administrative To Revenue0.210.12490.203
Slightly volatile
Average Inventory0.40.450.49
Slightly volatile
Research And Ddevelopement To Revenue0.190.17080.1791
Slightly volatile
Cash Per Share9.869.39114.907
Slightly volatile
POCF Ratio13.3714.0733103
Slightly volatile
Payout Ratio0.07340.05320.0875
Slightly volatile
Days Payables Outstanding94.62130109
Slightly volatile
EV To Operating Cash Flow15.3616.164378.0059
Slightly volatile
Intangibles To Total Assets0.140.22180.1423
Slightly volatile
Current Ratio4.222.20953.8953
Slightly volatile
Receivables Turnover7.549.47328.9443
Slightly volatile
Graham Number8.3615.83438.2359
Slightly volatile
Revenue Per Share23.5622.43518.4076
Slightly volatile
Interest Debt Per Share20.619.62036.6978
Slightly volatile
Debt To Assets0.930.88980.3565
Slightly volatile
Enterprise Value Over EBITDA22.823.995897.7621
Slightly volatile
Short Term Coverage Ratios12211661.535
Slightly volatile
Operating Cycle46.9738.529744.019
Slightly volatile
Days Of Payables Outstanding94.62130109
Slightly volatile
Dividend Payout Ratio0.07340.05320.0875
Slightly volatile
Price To Operating Cash Flows Ratio13.3714.0733103
Slightly volatile
Long Term Debt To Capitalization1.361.29550.4814
Slightly volatile
Total Debt To Capitalization1.361.29460.5274
Slightly volatile
Quick Ratio3.962.02673.6477
Pretty Stable
Cash Ratio2.461.28642.1865
Very volatile
Operating Cash Flow Sales Ratio0.170.25670.1947
Slightly volatile
Days Of Inventory Outstanding0.00.00.0
Very volatile
Days Of Sales Outstanding46.9738.529744.019
Slightly volatile
Cash Flow Coverage Ratios0.280.29535.7175
Slightly volatile
Fixed Asset Turnover11.5511.00266.7188
Slightly volatile
Price Cash Flow Ratio13.3714.0733103
Slightly volatile
Enterprise Value Multiple22.823.995897.7621
Slightly volatile
Debt Ratio0.930.88980.3565
Slightly volatile
Cash Flow To Debt Ratio0.280.29535.7175
Slightly volatile
Price Sales Ratio3.433.612614.3804
Slightly volatile
Asset Turnover0.611.02350.832
Slightly volatile
Gross Profit Margin0.540.69850.6648
Very volatile

Etsy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB9.9 B6.8 B
Slightly volatile
Enterprise Value8.4 B11.4 B7.1 B
Slightly volatile

Etsy Fundamental Market Drivers

Forward Price Earnings18.622
Cash And Short Term Investments1.2 B

Etsy Upcoming Events

28th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
28th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Etsy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Etsy income statement, its balance sheet, and the statement of cash flows. Etsy investors use historical funamental indicators, such as Etsy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Etsy investors may use each financial statement separately, they are all related. The changes in Etsy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Etsy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Etsy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Etsy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue14.6 MM
Total Revenue2.7 B2.9 B
Cost Of Revenue828.7 M870.1 M
Stock Based Compensation To Revenue 0.10  0.11 
Sales General And Administrative To Revenue 0.12  0.21 
Research And Ddevelopement To Revenue 0.17  0.19 
Capex To Revenue(0.01)(0.02)
Revenue Per Share 22.44  23.56 
Ebit Per Revenue 0.10  0.11 

Pair Trading with Etsy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Etsy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Etsy will appreciate offsetting losses from the drop in the long position's value.

Moving against Etsy Stock

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The ability to find closely correlated positions to Etsy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Etsy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Etsy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Etsy Inc to buy it.
The correlation of Etsy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Etsy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Etsy Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Etsy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Etsy Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Etsy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etsy Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Etsy Inc Stock:
Check out the analysis of Etsy Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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Is Etsy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Etsy. If investors know Etsy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Etsy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Earnings Share
2.24
Revenue Per Share
22.435
Quarterly Revenue Growth
0.043
Return On Assets
0.0883
The market value of Etsy Inc is measured differently than its book value, which is the value of Etsy that is recorded on the company's balance sheet. Investors also form their own opinion of Etsy's value that differs from its market value or its book value, called intrinsic value, which is Etsy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Etsy's market value can be influenced by many factors that don't directly affect Etsy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Etsy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Etsy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etsy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.