Etsy, Inc. (ETSY) vs Macy's, Inc. (M)
M leads on 9 of 14 compared metrics.
A side-by-side comparison of Etsy, Inc. and Macy's, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — ETSY vs M
growth of $100 · last 11yETSY +141.8%M -63.6%ETSY compounded faster
Log scale — wide-divergence pair
ETSY M
ETSY vs M: by the numbers
- •ETSY is the larger company ($6.88B vs $6.49B market cap).
- •M trades at the lower earnings multiple (10.23 vs 29.73 P/E).
- •ETSY converts more revenue to profit (9.94% vs 2.94% net margin).
- •ETSY grew revenue faster over the past five years (6.93% vs 2.77% CAGR).
- •M pays a dividend (3.03% yield) while ETSY does not currently pay one.
Which is better, ETSY or M?
Metric tally: ETSY 5 · M 9It depends on what you're optimizing for:
ValueM(lower P/E)
GrowthETSY(faster 5Y revenue CAGR)
QualityETSY(higher ROIC)
Metrics side by side
Valuation
| Metric | ETSY | M |
|---|---|---|
| P/E ratio | 29.73 | 10.23● |
| Forward P/E | 17.73 | 11.27● |
| P/S ratio | 3.07 | 0.30● |
| P/B ratio | — | 1.39 |
| PEG ratio | — | 0.66 |
| EV / EBITDA | 20.29 | 5.44● |
| FCF yield | 7.66% | 22.32%● |
Profitability
| Metric | ETSY | M |
|---|---|---|
| Gross margin | 72.01%● | 36.54% |
| Operating margin | 14.26%● | 4.47% |
| Net margin | 9.94%● | 2.94% |
| ROE | -14.84% | 13.79%● |
| ROIC | 11.51%● | 6.63% |
Dividends
| Metric | ETSY | M |
|---|---|---|
| Dividend yield | — | 3.03% |
| Payout ratio | — | 31.55% |
Growth (annualized)
| Metric | ETSY | M |
|---|---|---|
| Revenue CAGR (5Y) | 6.93%● | 2.77% |
| EPS CAGR (5Y) | -10.22% | 4.50%● |
| FCF CAGR (5Y) | -3.13% | 10.73%● |
| Total return CAGR (5Y) | -16.43% | 9.88%● |
Frequently asked
- Which is better, ETSY or M?
- It depends on your goal. value: M (lower P/E); growth: ETSY (faster 5Y revenue CAGR); quality: ETSY (higher ROIC). Across all compared metrics, M leads 9 to 5.
- Is ETSY or M cheaper?
- On trailing earnings, M is cheaper: ETSY trades at a 29.73 P/E and M at 10.23.
- Which has grown faster, ETSY or M?
- Over the past five years, ETSY grew revenue faster — ETSY at a 6.93% CAGR versus M at 2.77%.
- Does ETSY or M pay a bigger dividend?
- M pays a dividend (3.03% yield) while ETSY does not currently pay one.
- Is ETSY or M more profitable?
- ETSY runs the higher net margin — ETSY at 9.94% versus M at 2.94%.
- Which has been the better investment, ETSY or M?
- Over the past 10-year, ETSY delivered the higher annualized total return — ETSY at 22.44% versus M at 1.63%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Etsy P/E ratioMacy's P/E ratioEtsy dividend yieldMacy's dividend yieldEtsy ROEMacy's ROEEtsy operating marginMacy's operating marginEtsy revenue growthMacy's revenue growthEtsy free cash flowMacy's free cash flow
Etsy & Macy's appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 23, 2026.