Etsy Inc (ETSY)

Return on equity (ROE)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	95,894	105,854	110,947	96,103
Total stockholders’ equity	US$ in thousands	-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	406,634	389,262	442,301	420,013
ROE		—	—	—	—	—	—	70.66%	64.39%	78.51%	90.04%	90.87%	70.27%	47.04%	34.80%	29.58%	18.89%	23.58%	27.19%	25.08%	22.88%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $307,568K ÷ $-543,715K
= —

Etsy Inc's return on equity (ROE) has shown a positive trend in the first two quarters of 2022. The ROE for Q2 2022 was 70.66%, which increased to 64.39% in Q1 2022.

However, it is noted that the ROE data for the subsequent quarters of 2022 and all quarters of 2023 are not available, making it challenging to provide a comprehensive trend analysis.

To assess the significance of these ratios, additional information on the company's financial performance, strategy, and industry standards would be needed to provide a more insightful analysis of Etsy Inc's ROE.