Etsy Inc ETSY
NYSE ETSY
$85.20 +0.06 (+0.07%)
As of: Oct 19, 2026 · 3:59 PM EDT

Etsy (ETSY) Return on Invested Capital [ROIC] (2015 - 2026)

Updated

Etsy (ETSY) posted Return on Invested Capital [ROIC] of 22.30% for Q4 2019, up 5.97 percentage points from 16.34% a year earlier but down 0.11 percentage points from the prior quarter.

Analysis

Etsy (ETSY) Return on Invested Capital [ROIC] (2015 - 2026) Analysis & Trends

For FY2019, Etsy's Return on Invested Capital [ROIC] came in at 20.46%, up 4.17 percentage points from FY2018.

  • Annual Return on Invested Capital [ROIC] shows a four-year change of +21.22 percentage points (FY2015 to FY2019).
  • In prior years, Etsy's Return on Invested Capital [ROIC] was 16.30% in FY2018 (+13.53 pp), 2.77% in FY2017 (-1.71 pp), 4.48% in FY2016 (+5.24 pp) and -0.75% in FY2015.
  • Quarterly Return on Invested Capital [ROIC] has run from a low of -10.29% in Q1 2015 to a high of 22.66% in Q2 2019 over five years.
  • On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last eight quarters, with an average year-over-year change of +10.66 percentage points over the last eight quarters.
  • The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2019, with a gain of 14.86 percentage points; the weakest was Q2 2017, with a drop of 1.92 percentage points.
  • According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 22.42% (Q3 2019), 22.66% (Q2 2019) and 21.03% (Q1 2019).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Alphabet 4,185.47 Bn 3,943.00 Bn 73.85 Bn 18.61%
2 Meta Platforms 1,794.56 Bn 1,497.08 Bn 49.47 Bn 20.90%
3 Netflix 292.71 Bn 252.90 Bn 6.52 Bn 26.42%
4 Alibaba Group Holding 251.74 Bn 65.51 Bn 15.11 Bn 2.37%
5 Shopify 221.57 Bn 198.76 Bn 1.71 Bn -
6 Uber Technologies 142.45 Bn 114.25 Bn 6.38 Bn 17.38%
7 Booking Holdings 124.83 Bn 57.88 Bn - 75.49%
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 21.86%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.86%
Mar 31, 2026 18.00%
Dec 31, 2025 11.20%
Sep 30, 2025 11.72%
Jun 30, 2025 13.26%
Mar 31, 2025 13.74%
Dec 31, 2024 17.59%
Sep 30, 2024 15.44%
Jun 30, 2024 16.07%
Mar 31, 2024 15.68%
Dec 31, 2023 16.46%
Sep 30, 2023 17.47%
Jun 30, 2023 -40.59%
Mar 31, 2023 -38.28%
Dec 31, 2022 -38.69%
Sep 30, 2022 -28.79%
Jun 30, 2022 13.17%
Mar 31, 2022 13.64%
Dec 31, 2021 16.31%
Sep 30, 2021 17.27%
API Access

Etsy Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=ETSY&period=max&api_key=YOUR_API_KEY