Etsy, Inc. (ETSY) Operating Margin: 14.26%
Is Etsy, Inc.’s operating margin high or low?
Etsy, Inc.'s operating margin of 14.26% is 54% above its 5-year average of 9.23%, near the high end of its 5-year range (-25.66%–24.57%).
The operating margin for Etsy, Inc. (ETSY) is 14.26% as of Wednesday, June 10, 2026. It is above its 12-month average by 8.44% (13.15%).
ETSY Operating Margin Chart
ETSY Average Operating Margin Chart
ETSY Current vs Average Operating Margin Chart
ETSY Operating Margin Metrics
OPERATING MARGIN
14.26%
OPERATING MARGIN AVG TTM
13.15%
OPERATING MARGIN AVG 3Y
2.70%
OPERATING MARGIN AVG 5Y
9.23%
OPERATING MARGIN AVG 10Y
7.77%
OPERATING MARGIN AVG 15Y
5.79%
OPERATING MARGIN AVG 20Y
5.79%
CURRENT VS TTM AVG
+8.44%
CURRENT VS 3Y AVG
+427.17%
CURRENT VS 5Y AVG
+54.47%
CURRENT VS 10Y AVG
+83.55%
CURRENT VS 15Y AVG
+146.38%
CURRENT VS 20Y AVG
+146.38%
ETSY Competitors' Operating Margin
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Etsy, Inc. (ETSY) | $6.61B | 14.26% | 13.15% | 2.70% | 9.23% |
| Mohawk Industries, Inc. (MHK) | $6.20B | 4.89% | 5.57% | 2.66% | 4.87% |
| The Gap, Inc. (GAP) | $7.68B | 8.44% | 7.31% | 4.49% | 2.76% |
| Chewy, Inc. (CHWY) | $8.38B | 1.72% | 1.48% | 0.92% | 0.50% |
| The Gap, Inc. (GPS) | $9.21B | 8.44% | 7.31% | 6.27% | 4.65% |
| Wayfair Inc. (W) | $9.22B | 1.08% | -1.88% | -5.46% | -3.33% |
| Thor Industries, Inc. (THO) | $3.90B | 2.54% | 3.68% | 5.50% | 5.69% |
| Abercrombie & Fitch Co. (ANF) | $3.85B | 12.94% | 14.13% | 13.19% | 10.26% |
| CAVA Group, Inc. (CAVA) | $9.38B | 7.17% | 5.60% | 0.32% | -1.86% |
| Advance Auto Parts, Inc. (AAP) | $3.58B | 3.16% | 1.87% | -0.66% | 2.25% |
Operating Efficiency
Gross Margin
72.0%
Operating Margin
14.3%
Etsy, Inc. Operating Margin Formula & Definition
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Etsy, Inc. Operating Margin FAQ
- What is the operating margin for Etsy, Inc. (ETSY)?
- The operating margin for ETSY stock is 14.26%.
- Is Etsy, Inc.'s operating margin high or low?
- Etsy, Inc.'s operating margin of 14.26% is 54% above its 5-year average of 9.23%, near the high end of its 5-year range (-25.66%–24.57%).
- What is the TTM average operating margin for Etsy, Inc. (ETSY)?
- The TTM average operating margin for ETSY stock is 13.15%.
- What is the 3Y average operating margin for Etsy, Inc. (ETSY)?
- The 3Y average operating margin for ETSY stock is 2.70%.
- What is the 5Y average operating margin for Etsy, Inc. (ETSY)?
- The 5Y average operating margin for ETSY stock is 9.23%.
- What is the 10Y average operating margin for Etsy, Inc. (ETSY)?
- The 10Y average operating margin for ETSY stock is 7.77%.
- What is the 15Y average operating margin for Etsy, Inc. (ETSY)?
- The 15Y average operating margin for ETSY stock is 5.79%.
- What is the 20Y average operating margin for Etsy, Inc. (ETSY)?
- The 20Y average operating margin for ETSY stock is 5.79%.
Etsy, Inc. Operating Margin History
| DATE | OPERATING MARGIN |
|---|---|
| 2025-12-31 | 12.76% |
| 2024-12-31 | 13.54% |
| 2023-12-31 | 10.18% |
| 2022-12-31 | -25.66% |
| 2021-12-31 | 20.00% |
| 2020-12-31 | 24.57% |
| 2019-12-31 | 10.85% |
| 2018-12-31 | 12.39% |
| 2017-12-31 | 2.70% |
| 2016-12-31 | 4.82% |
| 2015-12-31 | -0.69% |
| 2014-12-31 | -3.20% |
| 2013-12-31 | 0.59% |
| 2012-12-31 | -1.82% |
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