Etsy (ETSY) EV to EBITDA (2015 - 2026)
Etsy's EV to EBITDA came in at 10.46 for Q2 2026, up 21.1% from 8.64 a year earlier and up 65.9% from the prior quarter.
Etsy (ETSY) EV to EBITDA (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Etsy reported EV to EBITDA of 2.37, up 43.3% year-over-year; for FY2025, it came in at 10.32, up 7.2% from FY2024.
- Going back by year, EV to EBITDA was 9.63 in FY2024 (-58.0%), 22.90 in FY2023 and 49.68 in FY2021 (+15.6%).
- The five-year range for quarterly EV to EBITDA is 6.31 (Q1 2026) to 49.68 (Q4 2021).
- Year-over-year, EV to EBITDA increased in 1 of the last eight quarters, with an average decline of 23.8%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2021 (growth of 26.0%), and the weakest in Q4 2024 (a decline of 58.0%).
- Business Quant data shows ETSY's EV to EBITDA at 6.31 (Q1 2026), 9.40 (Q4 2025) and 11.67 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn |
| 10 | Etsy | 8.03 Bn | 2.39 Bn | 484.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.46 |
| Mar 31, 2026 | 6.31 |
| Dec 31, 2025 | 9.40 |
| Sep 30, 2025 | 11.67 |
| Jun 30, 2025 | 8.64 |
| Mar 31, 2025 | 10.14 |
| Dec 31, 2024 | 9.63 |
| Sep 30, 2024 | 11.73 |
| Jun 30, 2024 | 13.14 |
| Mar 31, 2024 | 19.19 |
| Dec 31, 2023 | 22.90 |
| Sep 30, 2023 | 17.10 |
| Jun 30, 2022 | 17.20 |
| Mar 31, 2022 | 30.49 |
| Dec 31, 2021 | 49.68 |
| Sep 30, 2021 | 46.58 |
| Jun 30, 2021 | 40.79 |
| Mar 31, 2021 | 39.17 |
| Dec 31, 2020 | 42.97 |
| Sep 30, 2020 | 36.97 |
Etsy EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ETSY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "ETSY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=ETSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();