Etsy (ETSY) Return on Capital Employed [ROCE] (2015 - 2026)
Etsy (ETSY) posted Return on Capital Employed [ROCE] of 35.45% for Q2 2026, up 17.52 percentage points from 17.93% a year earlier and up 7.11 percentage points from the prior quarter.
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Analysis
Etsy (ETSY) Return on Capital Employed [ROCE] (2015 - 2026) Analysis & Trends
For FY2025, Etsy's Return on Capital Employed [ROCE] came in at 21.15%, up 0.99 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has increased for three consecutive years, though with a five-year change of -6.77 percentage points (FY2020 to FY2025).
- In prior years, Etsy's Return on Capital Employed [ROCE] was 20.15% in FY2024 (+5.80 pp), 14.36% in FY2023 (+39.67 pp), -25.31% in FY2022 (-43.92 pp) and 18.61% in FY2021 (-9.31 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] in data going back to Q1 2015.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last three quarters, with an average year-over-year change of +5.00 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q2 2024, with a gain of 54.34 percentage points; the weakest was Q4 2022, with a drop of 49.73 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 28.34% (Q1 2026), 21.97% (Q4 2025) and 16.08% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 21.49% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 23.74% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 30.16% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 2.13% |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 14.37% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 13.97% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 121.68% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 22.53% |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 20.20% |
| 10 | Etsy | 8.03 Bn | 2.39 Bn | 484.05 Mn | 35.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.45% |
| Mar 31, 2026 | 28.34% |
| Dec 31, 2025 | 21.97% |
| Sep 30, 2025 | 16.08% |
| Jun 30, 2025 | 17.93% |
| 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% |
API Access
Etsy Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=ETSY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=ETSY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();