Etsy Inc (ETSY)

Return on equity (ROE)

		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
Total stockholders’ equity	US$ in thousands	-758,866	-543,715	-547,274	628,619	742,424
ROE		—	—	—	78.51%	47.04%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $303,281K ÷ $-758,866K
= —

Etsy Inc's return on equity (ROE) has shown a strong upward trend over the past few years. In December 31, 2020, the ROE was reported at 47.04%, indicating that for every dollar of shareholders' equity, the company generated a profit of 47.04 cents. This figure increased significantly to 78.51% by December 31, 2021, reflecting improved efficiency in utilizing shareholders' funds to generate earnings.

However, the ROE data for the subsequent years, December 31, 2022, 2023, and 2024, are not provided (marked as "—"). The absence of this data makes it challenging to assess the company's performance in those years and the trajectory of its return on equity.

Overall, based on the available information, Etsy Inc's ROE demonstrates a positive trend, indicating the company's ability to generate strong returns for its shareholders. Investors and stakeholders may continue to monitor future ROE figures to evaluate the company's financial performance and profitability.