Etsy (ETSY) EV to FCF (2015 - 2026)
Etsy's (ETSY) EV to FCF stood at 7.43 in Q2 2026, up 40.5% from 5.29 a year earlier and up 64.2% from the prior quarter.
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Analysis
Etsy (ETSY) EV to FCF (2015 - 2026) Analysis & Trends
On a TTM basis, Etsy's EV to FCF came in at 1.68 as of Jun 30, 2026, up 66.3% year-over-year; for FY2025, it came in at 5.60, down 12.0% from FY2024.
- Annual EV to FCF has declined for four straight years.
- Across earlier years, EV to FCF came in at 6.37 in FY2024 (-48.1%), 12.27 in FY2023 (-40.1%), 20.50 in FY2022 (-51.1%) and 41.90 in FY2021 (+37.0%).
- Quarterly EV to FCF has ranged from 4.53 in Q1 2026 to 42.63 in Q3 2021 over the past five years.
- On a year-over-year basis, EV to FCF rose in two of the last eight quarters, with an average decline of 17.5%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 69.5% in Q3 2021, against a decline of 59.5% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.53 (Q1 2026), 5.60 (Q4 2025) and 7.48 (Q3 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.43 |
| Mar 31, 2026 | 4.53 |
| Dec 31, 2025 | 5.60 |
| Sep 30, 2025 | 7.48 |
| Jun 30, 2025 | 5.29 |
| Mar 31, 2025 | 5.74 |
| Dec 31, 2024 | 6.37 |
| Sep 30, 2024 | 7.28 |
| Jun 30, 2024 | 8.07 |
| Mar 31, 2024 | 9.92 |
| Dec 31, 2023 | 12.27 |
| Sep 30, 2023 | 9.75 |
| Jun 30, 2023 | 13.72 |
| Mar 31, 2023 | 18.87 |
| Dec 31, 2022 | 20.50 |
| Sep 30, 2022 | 17.27 |
| Jun 30, 2022 | 14.99 |
| Mar 31, 2022 | 26.97 |
| Dec 31, 2021 | 41.90 |
| Sep 30, 2021 | 42.63 |
API Access
Etsy EV to FCF 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-fcf&ticker=ETSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=ETSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();