Etsy, Inc. (ETSY) - Net Assets
Based on the latest financial reports, Etsy, Inc. (ETSY) has net assets worth $-1.11 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.65 Billion) and total liabilities ($3.77 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ETSY asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-1.11 Billion |
| % of Total Assets | -41.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | -202.21% |
| 10-Year Change | -329.61% |
| Growth Volatility | 1093.69 |
Etsy, Inc. - Net Assets Trend (2012–2024)
This chart illustrates how Etsy, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Etsy, Inc. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Etsy, Inc. (2012–2024)
The table below shows the annual net assets of Etsy, Inc. from 2012 to 2024. For live valuation and market cap data, see Etsy, Inc. (ETSY) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-758.87 Million | -39.57% |
| 2023-12-31 | $-543.72 Million | +0.65% |
| 2022-12-31 | $-547.27 Million | -187.06% |
| 2021-12-31 | $628.62 Million | -15.33% |
| 2020-12-31 | $742.42 Million | +82.58% |
| 2019-12-31 | $406.63 Million | +1.43% |
| 2018-12-31 | $400.90 Million | +1.01% |
| 2017-12-31 | $396.89 Million | +15.12% |
| 2016-12-31 | $344.76 Million | +4.31% |
| 2015-12-31 | $330.50 Million | +121.48% |
| 2014-12-31 | $149.22 Million | +3627.70% |
| 2013-12-31 | $4.00 Million | -95.05% |
| 2012-12-31 | $80.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Etsy, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 176802600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $109.00K | % |
| Other Comprehensive Income | $-297.75 Million | % |
| Other Components | $1.32 Billion | % |
| Total Equity | $-758.87 Million | 100.00% |
Etsy, Inc. Competitors by Market Cap
The table below lists competitors of Etsy, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Warehouses de Pauw Comm VA
BR:WDP
|
$5.26 Billion |
|
Parsons Corp
NYSE:PSN
|
$5.26 Billion |
|
Hong Leong Financial Group Bhd
KLSE:1082
|
$5.26 Billion |
|
VisEra Technologies Co. Ltd.
TW:6789
|
$5.26 Billion |
|
NLC India Limited
NSE:NLCINDIA
|
$5.26 Billion |
|
White Mountains Insurance Group Ltd
NYSE:WTM
|
$5.25 Billion |
|
TECO Electric & Machinery Co Ltd
TW:1504
|
$5.25 Billion |
|
Maha Properti Indonesia Tbk PT
JK:MPRO
|
$5.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Etsy, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -543,715,000 to -758,866,000, a change of -215,151,000.
- Net income of 303,281,000 contributed positively to equity growth.
- Share repurchases of 723,899,000 reduced equity.
- Other comprehensive income decreased equity by 30,277,000.
- Other factors increased equity by 235,744,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $303.28 Million | +39.97% |
| Share Repurchases | $723.90 Million | -95.39% |
| Other Comprehensive Income | $-30.28 Million | -3.99% |
| Other Changes | $235.74 Million | +31.07% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Etsy, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $2.16 | $53.26 | x |
| 2013-12-31 | $0.04 | $53.26 | x |
| 2014-12-31 | $1.59 | $53.26 | x |
| 2015-12-31 | $3.63 | $53.26 | x |
| 2016-12-31 | $3.04 | $53.26 | x |
| 2017-12-31 | $3.25 | $53.26 | x |
| 2018-12-31 | $3.15 | $53.26 | x |
| 2019-12-31 | $3.23 | $53.26 | x |
| 2020-12-31 | $5.44 | $53.26 | x |
| 2021-12-31 | $4.29 | $53.26 | x |
| 2022-12-31 | $-4.32 | $53.26 | x |
| 2023-12-31 | $-3.88 | $53.26 | x |
| 2024-12-31 | $-5.76 | $53.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Etsy, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.80%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (10.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -2.95% | -3.20% | 0.81x | 1.15x | $-10.47 Million |
| 2013 | -19.89% | -0.64% | 1.18x | 26.52x | $-1.20 Million |
| 2014 | -10.22% | -7.79% | 0.79x | 1.67x | $-30.16 Million |
| 2015 | -16.36% | -19.77% | 0.49x | 1.67x | $-87.11 Million |
| 2016 | -8.67% | -8.19% | 0.63x | 1.69x | $-64.38 Million |
| 2017 | 20.61% | 18.54% | 0.73x | 1.53x | $42.11 Million |
| 2018 | 19.33% | 12.84% | 0.67x | 2.25x | $37.40 Million |
| 2019 | 23.58% | 11.72% | 0.53x | 3.79x | $55.23 Million |
| 2020 | 47.04% | 20.24% | 0.72x | 3.24x | $275.00 Million |
| 2021 | 78.51% | 21.19% | 0.61x | 6.10x | $430.65 Million |
| 2022 | 0.00% | -27.06% | 0.97x | 0.00x | $-639.56 Million |
| 2023 | 0.00% | 11.19% | 1.02x | 0.00x | $361.94 Million |
| 2024 | 0.00% | 10.80% | 1.16x | 0.00x | $379.17 Million |
Industry Comparison
This section compares Etsy, Inc.'s net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $1,313,937,661
- Average return on equity (ROE) among peers: -50.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Etsy, Inc. (ETSY) | $-1.11 Billion | -2.95% | N/A | $5.26 Billion |
| Winamp Group SA (ALPET) | $997.96K | 8.88% | 5.88x | $13.13 Million |
| Amazon.com Inc (AMZN) | $-1.44 Billion | 0.00% | 0.00x | $2.89 Trillion |
| Beyond, Inc. (BYON) | $149.36 Million | 1.64% | 1.87x | $541.91 Million |
| Baozun Inc (BZUN) | $472.11 Million | -12.67% | 0.82x | $137.65 Million |
| Maplebear Inc. (CART) | $29.12 Million | 0.00% | 12.96x | $9.42 Billion |
| Chewy Inc (CHWY) | $14.74 Million | -510.36% | 140.58x | $4.79 Billion |
| Coupang LLC (CPNG) | $-4.07 Billion | 0.00% | 0.00x | $26.28 Billion |
| Dada Nexus Ltd (DADA) | $5.56 Billion | -35.23% | 0.36x | $506.16 Million |
| DoorDash, Inc. Class A Common Stock (DASH) | $7.81 Billion | 1.57% | 0.64x | $65.51 Billion |
| eBay Inc (EBAY) | $4.62 Billion | 44.01% | 2.82x | $48.01 Billion |
About Etsy, Inc.
Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers worldwide. The company operates through three segments: Etsy, Reverb, and Depop. It primarily operates Etsy marketplace that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; and Depop, a fashion resale marke… Read more