Etsy, Inc. (ETSY) EBITDA Margin: 12.73%
Is Etsy, Inc.’s EBITDA margin high or low?
Etsy, Inc.'s EBITDA margin of 12.73% is in line with its 5-year average of 12.59%, near the high end of its 5-year range (-21.48%–27.00%).
The EBITDA margin for Etsy, Inc. (ETSY) is 12.73% as of Wednesday, June 10, 2026. It is below its 12-month average by 19.68% (15.85%).
ETSY EBITDA Margin Chart
ETSY Average EBITDA Margin Chart
ETSY Current vs Average EBITDA Margin Chart
ETSY EBITDA Margin Metrics
EBITDA MARGIN
12.73%
EBITDA MARGIN AVG TTM
15.85%
EBITDA MARGIN AVG 3Y
6.18%
EBITDA MARGIN AVG 5Y
12.59%
EBITDA MARGIN AVG 10Y
12.00%
EBITDA MARGIN AVG 15Y
10.99%
EBITDA MARGIN AVG 20Y
10.99%
CURRENT VS TTM AVG
-19.68%
CURRENT VS 3Y AVG
+106.07%
CURRENT VS 5Y AVG
+1.07%
CURRENT VS 10Y AVG
+6.12%
CURRENT VS 15Y AVG
+15.80%
CURRENT VS 20Y AVG
+15.80%
ETSY Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Etsy, Inc. (ETSY) | — | 12.73% | 15.85% | 6.18% | 12.59% |
| The Gap, Inc. (GAP) | $7.68B | 10.48% | 10.96% | 8.22% | 5.99% |
| Chewy, Inc. (CHWY) | $8.38B | 3.15% | 2.72% | 2.30% | 1.61% |
| Thor Industries, Inc. (THO) | $4.10B | 5.96% | 6.47% | 7.96% | 8.04% |
| The Gap, Inc. (GPS) | $9.21B | 7.26% | 9.34% | 8.77% | 7.08% |
| Wayfair Inc. (W) | $9.22B | 0.66% | 0.05% | -2.48% | -0.63% |
| Abercrombie & Fitch Co. (ANF) | $3.85B | 16.68% | 17.78% | 14.27% | 12.52% |
| CAVA Group, Inc. (CAVA) | $9.38B | 12.25% | 12.42% | 10.15% | 8.60% |
| Advance Auto Parts, Inc. (AAP) | $3.58B | 3.72% | 3.72% | 0.92% | 4.17% |
| GameStop Corp. (GME) | $10.08B | 8.41% | 4.50% | 1.33% | -0.47% |
Margin Comparison
Gross Margin
72.0%
EBITDA Margin
12.7%
Operating Margin
14.3%
Net Margin
9.9%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Etsy, Inc. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Etsy, Inc. EBITDA Margin FAQ
- What is the EBITDA margin for Etsy, Inc. (ETSY)?
- The EBITDA margin for ETSY stock is 12.73%.
- Is Etsy, Inc.'s EBITDA margin high or low?
- Etsy, Inc.'s EBITDA margin of 12.73% is in line with its 5-year average of 12.59%, near the high end of its 5-year range (-21.48%–27.00%).
- What is the TTM average EBITDA margin for Etsy, Inc. (ETSY)?
- The TTM average EBITDA margin for ETSY stock is 15.85%.
- What is the 3Y average EBITDA margin for Etsy, Inc. (ETSY)?
- The 3Y average EBITDA margin for ETSY stock is 6.18%.
- What is the 5Y average EBITDA margin for Etsy, Inc. (ETSY)?
- The 5Y average EBITDA margin for ETSY stock is 12.59%.
- What is the 10Y average EBITDA margin for Etsy, Inc. (ETSY)?
- The 10Y average EBITDA margin for ETSY stock is 12.00%.
- What is the 15Y average EBITDA margin for Etsy, Inc. (ETSY)?
- The 15Y average EBITDA margin for ETSY stock is 10.99%.
- What is the 20Y average EBITDA margin for Etsy, Inc. (ETSY)?
- The 20Y average EBITDA margin for ETSY stock is 10.99%.
Etsy, Inc. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 12.73% |
| 2024-12-31 | 18.97% |
| 2023-12-31 | 14.49% |
| 2022-12-31 | -21.48% |
| 2021-12-31 | 23.86% |
| 2020-12-31 | 27.00% |
| 2019-12-31 | 18.70% |
| 2018-12-31 | 17.23% |
| 2017-12-31 | 16.00% |
| 2016-12-31 | 7.36% |
| 2015-12-31 | -2.90% |
| 2014-12-31 | 3.86% |
| 2013-12-31 | 10.19% |
| 2012-12-31 | 7.89% |
Related Metrics
About Etsy, Inc.
Etsy, Inc. oversees online retail platforms designed to link independent merchants with a global customer base. Its primary marketplace is dedicated to unique and handcrafted items, while its Depop division focuses on the resale of apparel. The company's revenue streams largely originate from diverse marketplace fees, such as those for product listings, transactions, and payment processing, as well as from advertising services and optional seller utilities like shipping labels. Furthermore, Etsy administers programs aimed at improving search placement, providing buyer protection for qualifying orders, and offering financial incentives for seller-driven traffic. The enterprise was founded in 2005, formally incorporated as Indieco, Inc. in 2006, and then rebranded as Etsy, Inc. in June of the same year. Its corporate headquarters are located in Brooklyn, New York.
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- CEO
- Joshua G. Silverman