Etsy Inc (ETSY)

Return on equity (ROE)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	303,281	256,641	287,125	296,035	307,568	333,850	-717,068	-705,860	-694,288	-642,279	410,719	435,850	493,507	480,488	482,319	480,490	349,246	231,999	155,039	76,837
Total stockholders’ equity	US$ in thousands	-758,866	-624,300	-634,996	-583,761	-543,715	-622,528	-464,175	-540,188	-547,274	-606,242	581,295	676,867	628,619	533,622	530,753	683,774	742,424	666,667	524,175	406,847
ROE		—	—	—	—	—	—	—	—	—	—	70.66%	64.39%	78.51%	90.04%	90.87%	70.27%	47.04%	34.80%	29.58%	18.89%

December 31, 2024 calculation

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

Etsy Inc's return on equity (ROE) has shown a consistent increase over the past few years, indicating the company's ability to generate strong returns for its shareholders relative to the equity invested. The ROE stood at 18.89% as of March 31, 2020, and experienced significant growth to reach 90.87% by June 30, 2021.

However, there was a slight decrease in ROE to 78.51% as of December 31, 2021, and a further decline to 70.66% by June 30, 2022. Despite these declines, the ROE remained relatively high, showing that Etsy continues to efficiently utilize its shareholders' equity to generate profits.

It is noteworthy that as of September 30, 2022, there is no data available for the ROE, suggesting a potential reporting gap or data collection issue. This break in data may impact the overall trend analysis and evaluation of Etsy's ROE performance.

Overall, Etsy Inc has demonstrated a strong ROE performance, reflecting its efficient management of equity and profitability. Investors and analysts should continue to monitor the company's future financial reports to assess any potential changes in its ROE trend and evaluate the sustainability of its financial performance.