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| Date | Value |
|---|---|
| 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% |