Etsy (ETSY) Return on Capital Employed (2015 - 2026)

Etsy (ETSY) reported Return on Capital Employed of 27.16% for Q1 2026, up 955.0% on a YoY basis from 2.57% in Q1 2025, and up 31.33% quarter-over-quarter from 20.68% in Q4 2025.

Etsy (ETSY) Return on Capital Employed (2015 - 2026) Analysis & Trends

Etsy has reported Return on Capital Employed for 12 years, with the latest figure at 27.16% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 955.0% year-over-year to 27.16%; the trailing twelve-month figure through Mar 2026 stood at 27.16% (up 955.0% YoY), and the FY2025 full-year result was 21.15%, up 99.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 27.16%, up from 20.68% in the prior quarter.
  • The five-year high for Return on Capital Employed was 27.16% in Q1 2026, with the low at 36.41% in Q2 2023.
  • Historically, Return on Capital Employed has averaged 5.53% across 5 years, with a median of 15.22% in 2025.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed plunged 4973 bps — and 2024, when it jumped 5434 bps.
  • Etsy's Return on Capital Employed stood at 34.46% in 2022, then jumped by 144 bps to 15.07% in 2023, then jumped by 43 bps to 21.54% in 2024, then declined by 4 bps to 20.68% in 2025, then surged by 31 bps to 27.16% in 2026.
  • The last three Return on Capital Employed figures came in at 27.16% (Q1 2026), 20.68% (Q4 2025), and 15.22% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 12.12%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 23.76%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 5.26%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 0.03%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 18.13%
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn 0.97%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 246,132.27%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn 11.64%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 20.87%
10 Etsy 6.99 Bn 5.56 Bn 455.60 Mn 27.16%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.16%
Dec 31, 2025 20.68%
Sep 30, 2025 15.22%
Jun 30, 2025 16.98%
Mar 31, 2025 17.61%
Dec 31, 2024 21.54%
Sep 30, 2024 18.00%
Jun 30, 2024 17.94%
Mar 31, 2024 13.31%
Dec 31, 2023 15.07%
Sep 30, 2023 15.50%
Jun 30, 2023 -36.41%
Mar 31, 2023 -32.13%
Dec 31, 2022 -34.46%
Sep 30, 2022 -25.90%
Jun 30, 2022 11.87%
Mar 31, 2022 12.08%
Dec 31, 2021 15.26%
Sep 30, 2021 16.57%
Jun 30, 2021 20.88%