Market Summary
USD104.43-0.31
Market Closed-0.30%
ETSY Stock Price
ETSY RSI Chart
ETSY Valuation
ETSY Price/Sales (Trailing)
ETSY Profitability
ETSY Fundamentals
ETSY Revenue
ETSY Earnings
Price Action
52 Week Range
67.01151.50
(Low)(High)
Last 7 days
-7.5%
Last 30 days
-22.3%
Last 90 days
-16.8%
Trailing 12 Months
-16.2%
ETSY Financial Health
ETSY Investor Care
Peers (Alternatives to Etsy)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AMZN | 1.0T | 514.0B | -3.36% | -34.72% | -376.42 | 1.99 | 9.40% | -108.16% |
BKNG | 96.5B | 17.1B | -0.30% | 16.13% | 31.57 | 5.65 | 55.96% | 162.49% |
MELI | 61.1B | 10.5B | 6.89% | 24.85% | 126.66 | 5.79 | 49.06% | 480.72% |
EBAY | 22.3B | 9.8B | -16.60% | -24.00% | -17.61 | 2.28 | -6.00% | -109.33% |
ETSY | 13.1B | 2.6B | -22.27% | -16.19% | -18.81 | 5.09 | 11.73% | -479.56% |
| MID-CAP | ||||||||
SSTK | 2.5B | 827.8M | -9.05% | -19.18% | 33.28 | 3.06 | 7.04% | -17.17% |
| SMALL-CAP | ||||||||
RVLV | 1.8B | 1.1B | -6.10% | -43.07% | 30.84 | 1.64 | 23.56% | -41.21% |
MGNI | 1.2B | 577.1M | -29.77% | -23.08% | -8.89 | 2.01 | 23.20% | -200596.92% |
SFIX | 588.8M | 1.8B | 13.29% | -47.53% | -1.99 | 0.32 | -16.43% | -882.41% |
LQDT | 467.8M | 285.6M | -1.60% | -23.64% | 11.5 | 1.64 | 6.38% | -18.68% |
QUOT | 304.0M | 364.5M | -26.05% | -49.75% | -3.62 | 0.83 | -29.59% | -31.65% |
GRPN | 149.0M | 674.1M | -30.23% | -71.98% | -0.97 | 0.22 | -37.99% | -248.09% |
RMBL | 131.8M | 1.9B | -13.59% | -74.81% | 2.81 | 0.07 | 240.28% | 230.65% |
Financials for Etsy
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.7% | 2,566 | 2,499 | 2,431 | 2,364 | 2,297 |
| Gross Profit | 4.2% | 1,822 | 1,748 | 1,707 | 1,673 | 1,675 |
| Operating Expenses | 3.2% | 2,480 | 2,404 | 1,324 | 1,274 | 1,209 |
| S&GA Expenses | 6.1% | 710 | 670 | 654 | 658 | 655 |
| R&D Expenses | 7.9% | 412 | 382 | 348 | 307 | 272 |
| EBITDA | -213.6% | -551 | 485 | 496 | 556 | - |
| EBITDA Margin | -206.8% | -0.21* | 0.20* | 0.21* | - | - |
| Earnings Before Taxes | -2.6% | -661 | -645 | 387 | 400 | 472 |
| EBT Margin | 0.1% | -0.26* | -0.26* | 0.16* | 0.17* | - |
| Interest Expenses | 43.3% | 14.00 | 10.00 | - | - | - |
| Net Income | 27.1% | -694 | -952 | 100 | 125 | 183 |
| Net Income Margin | 29.0% | -0.27* | -0.38* | 0.17* | 0.18* | - |
| Free Cahsflow | 0.7% | 673 | 668 | 552 | 549 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 7.5% | 2,635 | 2,450 | 3,607 | 3,745 | 3,832 |
| Current Assets | 12.0% | 1,514 | 1,352 | 1,320 | 1,295 | 1,342 |
| Cash Equivalents | 16.6% | 921 | 790 | 759 | 756 | 780 |
| Goodwill | 1.3% | 138 | 136 | 1,269 | 1,364 | 1,371 |
| Liabilities | 4.1% | 3,182 | 3,057 | 3,026 | 3,068 | 3,203 |
| Current Liabilities | 27.1% | 632 | 497 | 450 | 483 | 616 |
| Long Term Debt | 0.0% | 2,280 | 2,279 | 2,278 | 2,276 | 2,275 |
| Shareholder's Equity | -194.1% | -547 | 581 | 677 | 629 | - |
| Retained Earnings | -4.1% | -1,048 | -1,007 | 106 | 95.00 | 72.00 |
| Additional Paid-In Capital | 5.3% | 815 | 774 | 712 | 672 | 632 |
| Shares Outstanding | -0.5% | 125 | 126 | 127 | 127 | 127 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 0.2% | 684 | 682 | 567 | 563 | 652 |
| Share Based Compensation | 6.7% | 231 | 216 | 206 | 169 | 140 |
| Cashflow From Investing | 43.4% | -30.02 | -53.04 | -1,504 | -1,387 | -1,557 |
| Cashflow From Financing | -18.4% | -506 | -427 | -339 | 420 | 453 |
| Buy Backs | 23.9% | 426 | 344 | 248 | 365 | 303 |
Risks for ETSY
What is the probability of a big loss on ETSY?
86.9%
Probability that Etsy stock will be more than 20% underwater in next one year
68.1%
Probability that Etsy stock will be more than 30% underwater in next one year.
50.8%
Probability that Etsy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ETSY drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Etsy was unfortunately bought at previous high price.
Drawdowns
Returns for ETSY
Cumulative Returns on ETSY
41.6%
7-Year Cumulative Returns
29.9%
5-Year Cumulative Returns
28.8%
3-Year Cumulative Returns
What are the long-term rolling returns for ETSY?
FIve years rolling returns for Etsy.
Annualized Returns
Which funds bought or sold ETSY recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -6.82 | 70,796 | 698,796 | 0.02% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 123 | 7,948,760 | 12,694,800 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | new | - | 4,000 | 4,000 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 4.53 | 103,000 | 516,000 | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | reduced | -21.15 | -188 | 9,812 | 0.01% |
2023-02-28 | Voya Investment Management LLC | added | 15.73 | -27,581,700 | 127,488,000 | 0.18% |
2023-02-24 | BBJS FINANCIAL ADVISORS, LLC | new | - | 23,956 | 23,956 | 0.01% |
2023-02-24 | NATIXIS | sold off | -100 | -892,000 | - | -% |
2023-02-24 | SRS Capital Advisors, Inc. | added | 9.12 | 10,438 | 44,438 | 0.01% |
2023-02-24 | National Pension Service | reduced | -7.07 | 2,190,240 | 24,891,100 | 0.05% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Etsy News
Schedule 13G FIlings of Etsy
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 13, 2023 | capital international investors | 5.1% | 6,424,148 | SC 13G | |
| Feb 09, 2023 | vanguard group inc | 11.05% | 13,892,541 | SC 13G/A | |
| Feb 06, 2023 | wellington management group llp | 6.22% | 7,816,653 | SC 13G | |
| Jan 27, 2023 | blackrock inc. | 9.1% | 11,463,909 | SC 13G/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 4.0% | 5,191,224 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 9.3% | 11,744,586 | SC 13G/A | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 6.5% | 8,234,991 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 11.03% | 13,902,095 | SC 13G/A | |
| Feb 05, 2021 | blackrock inc. | 7.7% | 9,701,405 | SC 13G/A | |
| Oct 13, 2020 | vanguard group inc | 10.88% | 12,985,612 | SC 13G/A |
ETSY Fair Value
Etsy fair value in different scenarios
The table shows the Fair Value estimates for Etsy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 40.27 -61.44% | 53.32 -48.94% | 103.28 -1.10% | 179.59 71.97% | 312.71 199.44% |
| Current Inflation | 36.35 -65.19% | 47.52 -54.50% | 90.30 -13.53% | 154.94 48.37% | 267.61 156.26% |
| Very High Inflation | 31.51 -69.83% | 40.49 -61.23% | 74.94 -28.24% | 126.28 20.92% | 215.67 106.52% |
Historical Etsy Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Etsy
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 4 | Insider Trading | |
| Feb 23, 2023 | S-8 | Employee Benefits Plan |
Latest Insider Trading transactions for ETSY
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-01 | Silverman Josh | sold | -2,458,120 | 117 | -20,850 | president & ceo |
2023-03-01 | Silverman Josh | acquired | 221,427 | 10.62 | 20,850 | president & ceo |
2023-02-28 | Kumar Rachana | sold | -200,091 | 121 | -1,644 | chief technology officer |
2023-02-24 | Glaser Rachel C | sold | -2,488,430 | 125 | -19,822 | chief financial officer |
2023-02-24 | Glaser Rachel C | acquired | 618,841 | 31.2199 | 19,822 | chief financial officer |
2023-02-15 | Daniel Nicholas | acquired | 41,650 | 41.65 | 1,000 | chief product officer |
2023-02-15 | Silverman Josh | acquired | 221,427 | 10.62 | 20,850 | president & ceo |
2023-02-15 | Daniel Nicholas | sold | -139,481 | 139 | -1,000 | chief product officer |
2023-02-15 | Silverman Josh | sold | -2,909,900 | 139 | -20,850 | president & ceo |
2023-02-02 | SCOTT RYAN M. | acquired | 610,794 | 62.06 | 9,842 | chief marketing officer |
About Etsy
ETSY Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Revenue | $ 2,566,111 | $ 2,329,114 | $ 1,725,625 |
| Cost of revenue | 744,592 | 654,512 | 464,745 |
| Gross profit | 1,821,519 | 1,674,602 | 1,260,880 |
| Operating expenses: | |||
| Marketing | 710,399 | 654,804 | 500,756 |
| Product development | 412,398 | 271,535 | 180,080 |
| General and administrative | 312,260 | 282,531 | 156,035 |
| Goodwill impairment | 1,045,022 | 0 | 0 |
| Total operating expenses | 2,480,079 | 1,208,870 | 836,871 |
| (Loss) income from operations | (658,560) | 465,732 | 424,009 |
| Other (expense) income: | |||
| Loss on extinguishment of debt | 0 | 0 | (16,855) |
| Interest expense | (14,168) | (9,885) | (42,025) |
| Interest and other income | 10,956 | 2,137 | 7,102 |
| Foreign exchange (loss) gain | (206) | 13,670 | (6,522) |
| Total other (expense) income | (3,418) | 5,922 | (58,300) |
| (Loss) income before income taxes | (661,978) | 471,654 | 365,709 |
| (Provision) benefit for income taxes | (32,310) | 21,853 | (16,463) |
| Net (loss) income | $ (694,288) | $ 493,507 | $ 349,246 |
| Net (loss) income per share attributable to common stockholders: | |||
| Basic (in dollars per share) | $ (5.48) | $ 3.88 | $ 2.88 |
| Diluted (in dollars per share) | $ (5.48) | $ 3.40 | $ 2.69 |
| Weighted average common shares outstanding: | |||
| Basic (in shares) | 126,778,626 | 127,224,974 | 121,251,588 |
| Diluted (in shares) | 126,778,626 | 146,683,324 | 136,414,592 |
ETSY Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 921,278 | $ 780,196 |
| Short-term investments | 250,413 | 204,416 |
| Accounts receivable, net | 27,888 | 27,266 |
| Prepaid and other current assets | 80,203 | 109,417 |
| Funds receivable and seller accounts | 233,961 | 220,206 |
| Total current assets | 1,513,743 | 1,341,501 |
| Restricted cash | 5,341 | 5,341 |
| Property and equipment, net | 249,744 | 275,062 |
| Goodwill | 137,724 | 1,371,064 |
| Intangible assets, net | 535,406 | 607,170 |
| Deferred tax assets | 121,506 | 95,863 |
| Long-term investments | 29,137 | 85,034 |
| Other assets | 42,360 | 50,774 |
| Total assets | 2,634,961 | 3,831,809 |
| Current liabilities: | ||
| Accounts payable | 28,757 | 28,007 |
| Accrued expenses | 331,234 | 328,118 |
| Finance lease obligations—current | 4,731 | 2,418 |
| Funds payable and amounts due to sellers | 233,961 | 220,206 |
| Deferred revenue | 14,008 | 12,339 |
| Other current liabilities | 19,064 | 24,500 |
| Total current liabilities | 631,755 | 615,588 |
| Finance lease obligations—net of current portion | 105,699 | 110,283 |
| Deferred tax liabilities | 44,735 | 79,484 |
| Long-term debt, net | 2,279,640 | 2,275,418 |
| Other liabilities | 120,406 | 122,417 |
| Total liabilities | 3,182,235 | 3,203,190 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ (deficit) equity: | ||
| Common stock ($0.001 par value, 1,400,000,000 shares authorized as of December 31, 2022 and 2021; 125,054,278 and 127,022,118 shares issued and outstanding as of December 31, 2022 and 2021, respectively) | 125 | 127 |
| Preferred stock ($0.001 par value, 25,000,000 shares authorized as of December 31, 2022 and 2021) | 0 | 0 |
| Additional paid-in capital | 815,085 | 631,762 |
| (Accumulated deficit) retained earnings | (1,048,267) | 71,744 |
| Accumulated other comprehensive loss | (314,217) | (75,014) |
| Total stockholders’ (deficit) equity | (547,274) | 628,619 |
| Total liabilities and stockholders’ (deficit) equity | $ 2,634,961 | $ 3,831,809 |