Etsy, Inc. (ETSY) — Free Cash Flow Generation Index

Latest as of September 2025: 0.94x

Etsy, Inc. (ETSY) has a Free Cash Flow Generation Index of 0.94x as of September 2025. Free cash flow of $205.12 Million represents 1% of operating cash flow ($218.97 Million). Explore Etsy, Inc. capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.94x
Free Cash Flow / Operating CF

Free Cash Flow

$205.12 Million
USD

Operating Cash Flow

$218.97 Million
USD

Capital Expenditures

$13.85 Million
USD

Etsy, Inc. Free Cash Flow Generation Index (2012–2024)

Historical FCF Generation Index trend for Etsy, Inc. across 13 annual periods. For the full cash flow conversion analysis, see Etsy, Inc. (ETSY) cash conversion ratio.

Annual Free Cash Flow Generation for Etsy, Inc. (2012–2024)

Year-by-year Free Cash Flow Generation Index for Etsy, Inc.. Check cash flow reinvestment rate of Etsy, Inc. to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 0.98x $738.26 Million $752.47 Million $14.21 Million ▲ +4.0%
2023 0.94x $665.61 Million $705.51 Million $39.91 Million ▼ -1.2%
2022 0.96x $652.87 Million $683.61 Million $30.74 Million ▼ -0.2%
2021 0.96x $623.38 Million $651.55 Million $28.17 Million ▼ -3.3%
2020 0.99x $671.85 Million $678.96 Million $7.11 Million ▲ +6.8%
2019 0.93x $191.64 Million $206.92 Million $15.28 Million ▲ +3.3%
2018 0.90x $178.37 Million $198.93 Million $20.56 Million ▲ +11.4%
2017 0.80x $54.26 Million $67.42 Million $13.16 Million ▲ +3897.6%
2016 -0.02x $-991.00K $46.76 Million $47.75 Million ▼ -107.4%
2015 0.29x $8.38 Million $29.21 Million $20.84 Million ▲ +38.5%
2014 0.21x $2.50 Million $12.09 Million $9.58 Million ▲ +746.3%
2013 -0.03x $-530.00K $16.54 Million $17.07 Million ▲ +92.7%
2012 -0.44x $-4.26 Million $9.68 Million $13.95 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).