EtsyMEX:ETSY +6.55%72 EBITDA Margin % is 21.41% as of Mar. 2026, which is 28% above its 10-year median of 16.76. GuruFocus rates MEX:ETSY with a GF Score™ of 72/100 and a GF Value™ of MXN1,088.76 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Etsy ranks better than 81.29% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Etsy's EBITDA for the
three
months ended in Mar. 2026 was MXN2,437 Mil. Etsy's Revenue for the
three
months ended in Mar. 2026 was MXN11,384 Mil. Therefore, Etsy's EBITDA margin for the quarter that ended in Mar. 2026 was 21.41%.
Etsy (MEX:ETSY) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Etsy EBITDA Margin % Related Terms
Etsy EBITDA Margin % Historical Data
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The historical data trend for Etsy's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:ETSY vs VIPS, GLBE, CHWY: EBITDA Margin % Comparison
For the Internet Retail subindustry, Etsy's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Etsy EBITDA Margin % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Etsy's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Etsy's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Etsy (MEX:ETSY) has a EBITDA Margin % of 21.41% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Etsy and its competitors. This is 28% above median its historical median of 16.76. According to the industry distribution chart, Etsy ranks #211 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 18.7%.
Is Etsy's EBITDA Margin % too high?
Etsy's current EBITDA Margin % of 21.41% is 28% above median its 10-year median of 16.76. The Retail - Cyclical industry median EBITDA Margin % is 7.48. Etsy's value of 21.41% is 186.2% above this industry median. Based on the distribution chart, Etsy ranks #211 out of 1128 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Etsy has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Etsy's EBITDA Margin % compare to VIPS and GLBE?
According to the Retail - Cyclical industry distribution chart, Etsy ranks #211 out of 1128 companies for EBITDA Margin %. This places Etsy in the top 19% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 7.48. Etsy's value of 21.41% is 186.2% above this benchmark. While the company's 10-year median is 16.76 vs. the industry median of 7.48, Etsy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Retail - Cyclical company?
The median EBITDA Margin % among Retail - Cyclical companies is 7.48, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Etsy's current EBITDA Margin % of 21.41% is 186.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Etsy and its competitors. For the Retail - Cyclical industry, the median EBITDA Margin % is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etsy's current EBITDA Margin % is 21.41%, which is 28% above median its own 10-year median of 16.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etsy stock overvalued right now?
Based on GuruFocus' analysis, Etsy (MEX:ETSY) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,088.76, compared to a current price of MXN1,358.55 — trading 24.8% above its estimated fair value. The current EBITDA Margin % is 21.41%, which is 28% above median its 10-year median of 16.76 and 186.2% above the Retail - Cyclical industry median of 7.48. Etsy's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Etsy (MEX:ETSY), the current EBITDA Margin % is 21.41% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Etsy (MEX:ETSY) Overvalued in 2026?
Based on GuruFocus' analysis, Etsy stock appears to be overvalued.
The current stock price of MXN1,358.55 is trading 24.8% above its estimated GF Value™ of MXN1,088.76.
GuruFocus considers Etsy to be Modestly Overvalued.
Key valuation signals for MEX:ETSY:
EBITDA Margin %: 21.41% (28% above median its 10-year median of 16.76)
GF Value™: MXN1,088.76 vs. price of MXN1,358.55 (24.8% above fair value)
Industry Position: 186.2% above the Retail - Cyclical median (#211 of 1128)
No single metric tells the full story. See the MEX:ETSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2005, Etsy operates a leading global marketplace, connecting roughly 87 million active buyers and 6 million sellers of unique, handmade, and vintage goods. In fiscal 2025, the firm generated $2.9 billion in revenue and almost $12 billion in gross merchandise sales. The firm monetizes its marketplace primarily through transaction fees and advertising, with core categories spanning homeware, jewelry, apparel, and craft supplies. The US drives 74% of sales, though its core geographic reach extends to the UK, Germany, Canada, and Australia.
72GF Score
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