Which has the lower trailing P/E, ETSY or M?

M has the lower trailing P/E: ETSY trades at 39.99 and M at 9.01. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ETSY or M?

Over the past five years, ETSY grew revenue faster — ETSY at a 5.88% CAGR versus M at -3.99%.

Does ETSY or M pay a bigger dividend?

M pays a dividend (3.39% yield), while ETSY has no payments in the available dividend history.

Is ETSY or M more profitable?

ETSY runs the higher net margin — ETSY at 7.33% versus M at 4.48%.

How have ETSY and M total returns compared?

Over the past 10 years, ETSY delivered 18.22% and M delivered -0.27% annualized total return. Past performance doesn't predict future results.

Etsy, Inc. (ETSY) vs Macy's, Inc. (M)

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

ETSY

Etsy, Inc.

$6.95B

$73.19Consumer CyclicalDelayed quote: Sep 21, 2026, 3:10 PM EDT

Macy's, Inc.

$5.90B

$22.44Consumer CyclicalDelayed quote: Sep 21, 2026, 3:10 PM EDT

Total return — ETSY vs M

growth of $100 · dividends reinvested · last 10y

ETSY +431.5% (+18.2%/yr)M -4.5% (-0.5%/yr)ETSY compounded faster over this window

Log scale — wide-divergence pair

ETSY M

ETSY vs M: by the numbers

•ETSY is the larger company ($6.95B vs $5.90B market cap).
•M trades at the lower trailing earnings multiple (9.01 vs 39.99 P/E), one valuation lens rather than an overall verdict.
•ETSY converts more revenue to profit (7.33% vs 4.48% net margin).
•ETSY grew revenue faster over the past five years (5.88% vs -3.99% CAGR).
•M pays a dividend (3.39% yield), while ETSY has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	ETSY	M
P/E ratio	39.99	9.01
Forward P/E	22.20	9.76
P/S ratio	2.43	0.33
P/B ratio	N/A	0.38
EV / EBITDA	16.99	0.71
FCF yield	8.88%	25.27%

Profitability

Metric	ETSY	M
Gross margin	72.30%	34.59%
Operating margin	15.99%	6.18%
Net margin	7.33%	4.48%
ROE	N/A	5.10%
ROIC	20.66%	8.28%

Dividends

Metric	ETSY	M
Dividend yield	N/A	3.39%
Payout ratio	N/A	30.03%

Growth (annualized)

Metric	ETSY	M
Revenue CAGR (5Y)	5.88%	-3.99%
EPS CAGR (5Y)	-10.22%	-15.53%
FCF CAGR (5Y)	-2.08%	-15.90%
Total return CAGR (5Y)	-19.63%	5.32%

Frequently asked

Which has the lower trailing P/E, ETSY or M?: M has the lower trailing P/E: ETSY trades at 39.99 and M at 9.01. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ETSY or M?: Over the past five years, ETSY grew revenue faster — ETSY at a 5.88% CAGR versus M at -3.99%.
Does ETSY or M pay a bigger dividend?: M pays a dividend (3.39% yield), while ETSY has no payments in the available dividend history.
Is ETSY or M more profitable?: ETSY runs the higher net margin — ETSY at 7.33% versus M at 4.48%.
How have ETSY and M total returns compared?: Over the past 10 years, ETSY delivered 18.22% and M delivered -0.27% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ETSY analysis Full M analysis Interactive comparison tool

Dig into the metrics

Etsy P/E ratio Macy's P/E ratio Macy's dividend yield Etsy ROE Macy's ROE Etsy operating margin Macy's operating margin Etsy revenue growth Macy's revenue growth Etsy free cash flow Macy's free cash flow

Etsy & Macy's appear in these rankings

Highest Dividend Yield Stocks Highest ROIC Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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 September 13, 2026.