Etsy Inc (ETSY)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	303,281	307,568	-694,288	493,507	349,246
Revenue	US$ in thousands	2,808,330	2,748,380	2,566,110	2,329,110	1,725,620
Net profit margin		10.80%	11.19%	-27.06%	21.19%	20.24%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $303,281K ÷ $2,808,330K
= 10.80%

The net profit margin of Etsy Inc has shown fluctuations over the past five years. In December 2020, the net profit margin was 20.24%, which increased to 21.19% by December 2021. However, there was a significant decline in the net profit margin to -27.06% by December 2022, indicating that the company may have incurred losses during that period.

Subsequently, there was a recovery in the net profit margin to 11.19% by December 2023, and a slight decrease to 10.80% by December 2024. Despite the fluctuations, Etsy Inc has generally maintained positive net profit margins, with the exception of the negative margin experienced in December 2022.

Overall, it is essential for investors and stakeholders to closely monitor the company's financial performance to assess its ability to generate profits and sustain profitability in the long term.