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ETSY INC (ETSY) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $209.93 Metrics
OS: 125.7 M
Market cap: $26.4 B 81 % ROIC
Net debt: $1.08 B 2.2 x Debt/EBITDA
EV: $27.5 B

 
TTM Valuation
EBITDA $483 M 56.8 x EV/EBITDA
EBIT $386 M 71.1 x EV/EBIT
EPS ($5.77)

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues2,566.12,329.11,725.6818.4603.7441.2365.0273.5
            Revenue growth10.2%35.0%110.9%35.6%36.8%20.9%33.4%39.8%
Cost of goods sold744.6654.5464.7271.0190.8151.0123.397.0
Gross profit1,821.51,674.61,260.9547.3412.9290.2241.6176.5
            Gross margin71.0%71.9%73.1%66.9%68.4%65.8%66.2%64.5%
Sales and marketing710.4654.8500.8215.6158.0109.182.266.8
Research and development412.4271.5180.1121.997.274.655.142.7
General and administrative312.3282.5156.0121.182.991.586.268.9
EBITA386.5494.1439.298.479.118.521.40.3
            EBITA margin15.1%21.2%25.5%12.0%13.1%4.2%5.9%0.1%
Amortization of intangibles 28.415.29.64.33.43.32.2
EBIT386.5465.7424.088.874.815.118.1-1.9
            EBIT margin15.1%20.0%24.6%10.8%12.4%3.4%5.0%-0.7%
Pre-tax income-662.0471.7365.780.655.132.3-2.9-28.0
Income taxes32.3-21.916.5-15.2-22.4-49.527.026.1
            Tax rate  4.5%     
Net income-694.3493.5349.295.977.581.8-29.9-54.1
            Net margin-27.1%21.2%20.2%11.7%12.8%18.5%-8.2%-19.8%
 
Diluted EPS($5.48)$3.36$2.56$0.76$0.61$0.67($0.26)($0.59)
Shares outstanding (diluted)126.8146.7136.4125.7127.1122.3113.691.1
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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