Sector Alpha Week of 2026-08-04
20-quarter listed-company comparison

Internet Retail Stocks

Internet Retail: Coupang, Inc. owns the largest revenue base; MercadoLibre, Inc. has the fastest current growth.

01 · the industry itself · before any single company

How has Internet Retail moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 17% ahead of S&P 500. Earnings across its companies grew 17% on average over the last four reported quarters.

TURNING · ahead 1w✓Price and the fundamentals both up9 of 23 companies ahead of S&P 500 by 5% or more over three months2 are 20% or more behind over a year while earnings grew 20% or more

RS ↑1w · 14/23 >200d (+5) · 9/23 lead (+0) · EPS 16/23↑

10020020262025202420232022 233348 TRAILING 12-MONTH EPS · 100 AT THE START0100140Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 8 reportingJun 2022 · trailing 12-month earnings per share at 85, against 100 at the start · down 100.0% on a year ago · 9 reportingSep 2022 · trailing 12-month earnings per share at 63, against 100 at the start · no comparable year yet · 8 reportingDec 2022 · trailing 12-month earnings per share at 56, against 100 at the start · down 100.0% on a year ago · 9 reportingMar 2023 · trailing 12-month earnings per share at 56, against 100 at the start · down 38.3% on a year ago · 8 reportingJun 2023 · trailing 12-month earnings per share at 44, against 100 at the start · up 57.7% on a year ago · 9 reportingSep 2023 · trailing 12-month earnings per share at 86, against 100 at the start · up 67.4% on a year ago · 8 reportingDec 2023 · trailing 12-month earnings per share at 83, against 100 at the start · up 66.0% on a year ago · 9 reportingMar 2024 · trailing 12-month earnings per share at 110, against 100 at the start · up 32.6% on a year ago · 8 reportingJun 2024 · trailing 12-month earnings per share at 80, against 100 at the start · up 46.2% on a year ago · 9 reportingSep 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 27.3% on a year ago · 8 reportingDec 2024 · trailing 12-month earnings per share at 79, against 100 at the start · up 76.7% on a year ago · 9 reportingMar 2025 · trailing 12-month earnings per share at 139, against 100 at the start · up 72.0% on a year ago · 8 reportingJun 2025 · trailing 12-month earnings per share at 51, against 100 at the start · up 30.1% on a year ago · 9 reportingSep 2025 · trailing 12-month earnings per share at 140, against 100 at the start · up 18.7% on a year ago · 8 reportingDec 2025 · trailing 12-month earnings per share at 64, against 100 at the start · up 4.5% on a year ago · 9 reportingMar 2026 · trailing 12-month earnings per share at 136, against 100 at the start · up 12.7% on a year ago · 8 reportingNot reported yet — earnings trail price by a quarter or two136 · Mar 26No earnings on file this far back — the price series reaches further than the filings do
10020020262025202420232022 233348 TRAILING 12-MONTH EPS · 100 AT THE START0100140Mar 22Mar 23Mar 24Mar 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 8 reportingJun 2022 · trailing 12-month earnings per share at 85, against 100 at the start · down 100.0% on a year ago · 9 reportingSep 2022 · trailing 12-month earnings per share at 63, against 100 at the start · no comparable year yet · 8 reportingDec 2022 · trailing 12-month earnings per share at 56, against 100 at the start · down 100.0% on a year ago · 9 reportingMar 2023 · trailing 12-month earnings per share at 56, against 100 at the start · down 38.3% on a year ago · 8 reportingJun 2023 · trailing 12-month earnings per share at 44, against 100 at the start · up 57.7% on a year ago · 9 reportingSep 2023 · trailing 12-month earnings per share at 86, against 100 at the start · up 67.4% on a year ago · 8 reportingDec 2023 · trailing 12-month earnings per share at 83, against 100 at the start · up 66.0% on a year ago · 9 reportingMar 2024 · trailing 12-month earnings per share at 110, against 100 at the start · up 32.6% on a year ago · 8 reportingJun 2024 · trailing 12-month earnings per share at 80, against 100 at the start · up 46.2% on a year ago · 9 reportingSep 2024 · trailing 12-month earnings per share at 115, against 100 at the start · up 27.3% on a year ago · 8 reportingDec 2024 · trailing 12-month earnings per share at 79, against 100 at the start · up 76.7% on a year ago · 9 reportingMar 2025 · trailing 12-month earnings per share at 139, against 100 at the start · up 72.0% on a year ago · 8 reportingJun 2025 · trailing 12-month earnings per share at 51, against 100 at the start · up 30.1% on a year ago · 9 reportingSep 2025 · trailing 12-month earnings per share at 140, against 100 at the start · up 18.7% on a year ago · 8 reportingDec 2025 · trailing 12-month earnings per share at 64, against 100 at the start · up 4.5% on a year ago · 9 reportingMar 2026 · trailing 12-month earnings per share at 136, against 100 at the start · up 12.7% on a year ago · 8 reportingNot reported yet — earnings trail price by a quarter or two136No earnings on file this far back — the price series reaches further than the filings do
Internet Retail, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 23 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

02 · sector relative strength, before individual stocks

Is Internet Retail outperforming S&P 500?

Internet Retail has underperformed S&P 500 by 13.7% over the last 52 weeks. Over 13 weeks the gap is a lead of 4.9%. 6 of 16 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Etsy, Inc. is the strongest against the sector itself at +34.6%.

+4.9%Sector vs S&P 500 · 13 weeks
-13.7%Sector vs S&P 500 · 52 weeks
6/16Stocks leading S&P 500
8/16Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Internet Retail has underperformed S&P 500 by 13.7% over 52 weeks and 4.9% over 13 weeks. 6 of 16 covered companies beat the S&P 500 on Mansfield relative strength, while 8 of 16 beat the sector itself. Coupang, Inc. leads with revenue of $35,130 million, based on 14 of 16 comparable companies through Mar 2026.

Companies
16
complete canonical membership
Combined market value
$3.4T
Amazon.com, Inc.
Revenue growing
14/14
positive TTM year-on-year growth
Beating S&P 500
6/16
positive Mansfield relative strength
Comparing 5 of 16
03 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Etsy, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 63.6% evidence confidence.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Etsy, Inc.ETSY 67.2/100Favorable setup64% evidence LEADER 21.4/35 Revenue 3.2% · PAT 56.6% · OPM change 19.6 pp 62% evidence 16.4/25 ROCE 7.9% · OPM 19% 76% evidence 11.0/20 P/E 20.8× · PEG — 15% evidence 18.4/20 RS sector 34.6% · RS bench 24.6% · 1Y 41.9%12 of 12 weeks ahead 100% evidence
Exact sum: 21.4 + 16.4 + 11 + 18.4 = 67.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2Maplebear Inc.CART 62.9/100Mixed-positive evidence81% evidence TURNING 21.5/35 Revenue 11.8% · PAT 12% · OPM change 5.6 pp 83% evidence 15.2/25 ROCE 6% · OPM 17.9% 76% evidence 13.6/20 P/E 20.9× · PEG 1.18 65% evidence 12.6/20 RS sector 7.9% · RS bench -0.6% · 1Y -10.9%6 of 12 weeks ahead 100% evidence
Exact sum: 21.5 + 15.2 + 13.6 + 12.6 = 62.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Global-E Online Ltd.GLBE 60.5/100Mixed-positive evidence64% evidence BREAKING OUT 23.8/35 Revenue 28.6% · PAT — · OPM change 23.2 pp 62% evidence 9.7/25 ROCE 3.6% · OPM 13.1% 76% evidence 9.4/20 P/E 47.5× · PEG — 15% evidence 17.6/20 RS sector 15.9% · RS bench 6.3% · 1Y 19.7%6 of 12 weeks ahead 100% evidence
Exact sum: 23.8 + 9.7 + 9.4 + 17.6 = 60.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Liquidity Services, Inc.LQDT 59.2/100Mixed-positive evidence75% evidence FADING 20.2/35 Revenue 9.3% · PAT 20% · OPM change 2.2 pp 83% evidence 13.3/25 ROCE 4.4% · OPM 8% 76% evidence 9.9/20 P/E 32.5× · PEG 1.71 65% evidence 15.8/20 RS sector 17.8% · RS bench 10% · 1Y 59.5%7 of 12 weeks ahead 70% evidence
Exact sum: 20.2 + 13.3 + 9.9 + 15.8 = 59.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Revolve Group, Inc.RVLV 56.0/100Mixed-positive evidence75% evidence TURNING 18.6/35 Revenue 10% · PAT 30.6% · OPM change -0.4 pp 83% evidence 10.7/25 ROCE 3% · OPM 4.6% 76% evidence 15.1/20 P/E 25.4× · PEG 0.88 65% evidence 11.6/20 RS sector 7.4% · RS bench -1.5% · 1Y 34.3%1 of 12 weeks ahead 70% evidence
Exact sum: 18.6 + 10.7 + 15.1 + 11.6 = 56 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Wayfair Inc.W 53.6/100Mixed-positive evidence64% evidence BREAKING OUT 20.4/35 Revenue 6.8% · PAT — · OPM change 4.1 pp 62% evidence 5.3/25 ROCE -1.1% · OPM -0.4% 76% evidence 8.5/20 P/E 327.6× · PEG — 15% evidence 19.4/20 RS sector 30.7% · RS bench 19.3% · 1Y 60.4%7 of 12 weeks ahead 100% evidence
Exact sum: 20.4 + 5.3 + 8.5 + 19.4 = 53.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Amazon.com, Inc.AMZN 53.5/100Thin evidence · provisional58% evidence ASLEEP 17.4/35 Revenue — · PAT — · OPM change 1.3 pp 45% evidence 12.4/25 ROCE 4.1% · OPM 13.1% 76% evidence 11.5/20 P/E 19.2× · PEG — 15% evidence 12.2/20 RS sector 15.1% · RS bench 6.4% · 1Y 24.6%3 of 12 weeks ahead 100% evidence
Exact sum: 17.4 + 12.4 + 11.5 + 12.2 = 53.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8Sea LimitedSE 49.2/100Mixed-negative evidence71% evidence BREAKING OUT 20.9/35 Revenue 40.5% · PAT 85.7% · OPM change -1 pp 83% evidence 10.6/25 ROCE 4.3% · OPM 8.4% 76% evidence 10.1/20 P/E 32.6× · PEG — 15% evidence 7.6/20 RS sector -10.1% · RS bench -19.4% · 1Y -24.5%6 of 12 weeks ahead 100% evidence
Exact sum: 20.9 + 10.6 + 10.1 + 7.6 = 49.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9DoorDash, Inc.DASH 45.3/100Mixed-negative evidence71% evidence TURNING 18.8/35 Revenue 31% · PAT 100% · OPM change -1.4 pp 83% evidence 7.0/25 ROCE 1.3% · OPM 3.7% 76% evidence 9.2/20 P/E 71.5× · PEG — 15% evidence 10.3/20 RS sector -1% · RS bench -10.4% · 1Y -21.9%5 of 12 weeks ahead 100% evidence
Exact sum: 18.8 + 7 + 9.2 + 10.3 = 45.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10MercadoLibre, Inc.MELI 45.2/100Mixed-negative evidence81% evidence TURNING 12.5/35 Revenue 42.1% · PAT -6.8% · OPM change -6 pp 83% evidence 13.7/25 ROCE 5% · OPM 6.9% 76% evidence 11.3/20 P/E 45.6× · PEG 1.28 65% evidence 7.7/20 RS sector -5.5% · RS bench -14% · 1Y -19.8%1 of 12 weeks ahead 100% evidence
Exact sum: 12.5 + 13.7 + 11.3 + 7.7 = 45.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11Chewy, Inc.CHWY 45.0/100Mixed-negative evidence85% evidence TURNING 16.0/35 Revenue 6.1% · PAT -34.3% · OPM change 1.3 pp 95% evidence 15.2/25 ROCE 13.7% · OPM 3.8% 76% evidence 8.3/20 P/E 42.6× · PEG 1.81 65% evidence 5.5/20 RS sector -18.4% · RS bench -26.6% · 1Y -33.3%0 of 12 weeks ahead 100% evidence
Exact sum: 16 + 15.2 + 8.3 + 5.5 = 45 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12eBay Inc.EBAY 44.5/100Mixed-negative evidence81% evidence ASLEEP 13.3/35 Revenue 12.5% · PAT -2% · OPM change -3.8 pp 83% evidence 14.3/25 ROCE 4.7% · OPM 19.8% 76% evidence 6.3/20 P/E 20.6× · PEG 3.93 65% evidence 10.6/20 RS sector 10.5% · RS bench 2.7% · 1Y 17.7%10 of 12 weeks ahead 100% evidence
Exact sum: 13.3 + 14.3 + 6.3 + 10.6 = 44.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13Jumia Technologies AGJMIA 39.1/100Thin evidence · provisional55% evidence ASLEEP 22.4/35 Revenue 32.5% · PAT — · OPM change 24 pp 62% evidence 3.1/25 ROCE -28.1% · OPM -27.4% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 3.6/20 RS sector -34% · RS bench -40.6% · 1Y 6.1%0 of 12 weeks ahead 70% evidence
Exact sum: 22.4 + 3.1 + 10 + 3.6 = 39.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
14ThredUp Inc.TDUP 33.9/100Thin evidence · provisional55% evidence BREAKING OUT 14.1/35 Revenue 20.6% · PAT — · OPM change -0.5 pp 62% evidence 3.8/25 ROCE -6.1% · OPM -8.1% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 6.0/20 RS sector -6.1% · RS bench -15.9% · 1Y -38.3%10 of 12 weeks ahead 70% evidence
Exact sum: 14.1 + 3.8 + 10 + 6 = 33.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
15Coupang, Inc.CPNG 25.4/100Adverse evidence71% evidence BASING 7.4/35 Revenue 13.1% · PAT -181.4% · OPM change -4.7 pp 83% evidence 5.6/25 ROCE -3.1% · OPM -2.8% 76% evidence 8.7/20 P/E 214.5× · PEG — 15% evidence 3.7/20 RS sector -26.4% · RS bench -33.9% · 1Y -39.7%0 of 12 weeks ahead 100% evidence
Exact sum: 7.4 + 5.6 + 8.7 + 3.7 = 25.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16Newegg Commerce, Inc.NEGG 37.0/100Thin evidence · provisional37% evidence BASING 17.7/35 Revenue — · PAT — · OPM change — 12% evidence 7.3/25 ROCE 0% · OPM — 61% evidence 9.0/20 P/E 210.7× · PEG — 15% evidence 3.0/20 RS sector -65.6% · RS bench -69.7% · 1Y -80.8%0 of 12 weeks ahead 70% evidence
Exact sum: 17.7 + 7.3 + 9 + 3 = 37 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
Showing 10 of 16 companies
04 · what price has already done

Market action

Wayfair Inc. has the strongest one-year price move in Internet Retail at +60.4%. Etsy, Inc. leads on Mansfield relative strength against the S&P 500 at +24.6%. 6 of 16 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-08-04.

Price and relative strength

Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

05 · compare level, then change

Revenue Scale & Growth Durability

Coupang, Inc. has the highest Revenue among the 16 Internet Retail companies compared here, at $35,130 million. MercadoLibre, Inc. is next at $31,803 million. MercadoLibre, Inc. has the highest Revenue growth at 42.1%, so level and change sit with different companies. 14 of 16 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Coupang, Inc. is the scale leader at $35,130 million, 10.5% ahead of MercadoLibre, Inc.. MercadoLibre, Inc.'s growth is 42.1% from a $31,803 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderCoupang, Inc. · $35,130 million
Gap10.5% versus #2 · MercadoLibre, Inc.
Persistence8/8 recent comparable periods
Coverage14/16 companies · 295 observations

Investor read: Coupang, Inc. is the scale benchmark; MercadoLibre, Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Coupang, Inc.'s growth falls below MercadoLibre, Inc.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Coupang, Inc. CPNG$35.1B
2MercadoLibre, Inc. MELI$31.8B
3Sea Limited SE$25.2B
4DoorDash, Inc. DASH$14.7B
5Chewy, Inc. CHWY$12.8B
Revenue growthfastest growers
1MercadoLibre, Inc. MELI42%
2Sea Limited SE41%
3Jumia Technologies AG JMIA33%
4DoorDash, Inc. DASH31%
5Global-E Online Ltd. GLBE29%
Revenue · company comparison
14/16 level · 14/16 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Amazon.com, Inc. AMZN$181.5B17%Jun 2026
MercadoLibre, Inc. MELI$8.8B49%Mar 2026
Coupang, Inc. CPNG$8.5B7.5%Mar 2026
Sea Limited SE$7.1B47%Mar 2026
DoorDash, Inc. DASH$4.0B33%Mar 2026
Chewy, Inc. CHWY$3.4B7.7%Jun 2026
eBay Inc. EBAY$3.1B20%Mar 2026
Wayfair Inc. W$2.9B7.4%Mar 2026
Maplebear Inc. CART$1.0B14%Mar 2026
Newegg Commerce, Inc. NEGG$749M21%Mar 2026
Etsy, Inc. ETSY$631M3.1%Mar 2026
Revolve Group, Inc. RVLV$343M15%Mar 2026
Global-E Online Ltd. GLBE$252M33%Mar 2026
Liquidity Services, Inc. LQDT$121M4.3%Mar 2026
ThredUp Inc. TDUP$82M15%Mar 2026
Jumia Technologies AG JMIA$51M42%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amazon.com, Inc. · AMZN

$110.8B
$137.4B
$116.4B
$121.2B
$127.1B
$149.2B
$127.4B
$134.4B
$143.1B
$170.0B
$143.3B
$148.0B
$158.9B
$187.8B
$155.7B
$167.7B
$180.2B
$213.4B
$181.5B
—

Chewy, Inc. · CHWY

$2.2B
$2.2B
$2.5B
$2.4B
$2.4B
$2.5B
$2.7B
$2.8B
$2.8B
$2.7B
$2.8B
$2.9B
$2.9B
$2.9B
$3.2B
$3.1B
$3.1B
$3.1B
$3.3B
$3.4B

Coupang, Inc. · CPNG

$4.6B
$5.1B
$5.1B
$5.0B
$5.1B
$5.3B
$5.8B
$5.8B
$6.2B
$6.6B
$7.1B
$7.3B
$7.9B
$8.0B
$7.9B
$8.5B
$9.3B
$8.8B
$8.5B
—

DoorDash, Inc. · DASH

$1.3B
$1.3B
$1.5B
$1.6B
$1.7B
$1.8B
$2.0B
$2.1B
$2.2B
$2.3B
$2.5B
$2.6B
$2.7B
$2.9B
$3.0B
$3.3B
$3.4B
$4.0B
$4.0B
—

eBay Inc. · EBAY

$2.5B
$2.6B
$2.5B
$2.4B
$2.4B
$2.5B
$2.5B
$2.5B
$2.5B
$2.6B
$2.6B
$2.6B
$2.6B
$2.6B
$2.6B
$2.7B
$2.8B
$3.0B
$3.1B
—

Etsy, Inc. · ETSY

$532M
$717M
$579M
$585M
$594M
$807M
$641M
$629M
$636M
$842M
$646M
$648M
$662M
$852M
$612M
$673M
$678M
$882M
$631M
—

Global-E Online Ltd. · GLBE

$59M
$83M
$76M
$87M
$106M
$140M
$118M
$133M
$134M
$185M
$146M
$168M
$176M
$263M
$190M
$215M
$221M
$337M
$252M
—

Maplebear Inc. · CART

$473M
$477M
$505M
$621M
$668M
$757M
$759M
$716M
$764M
$803M
$820M
$823M
$852M
$883M
$897M
$914M
$939M
$992M
$1.0B
—

MercadoLibre, Inc. · MELI

$1.9B
$2.1B
$2.2B
$2.6B
$2.7B
$3.0B
$3.2B
$3.6B
$3.9B
$4.3B
$4.3B
$5.1B
$5.3B
$6.1B
$5.9B
$6.8B
$7.4B
$8.8B
$8.8B
—

Revolve Group, Inc. · RVLV

$244M
$240M
$283M
$290M
$269M
$259M
$280M
$274M
$258M
$258M
$271M
$282M
$283M
$294M
$297M
$309M
$296M
$324M
$343M
—

Sea Limited · SE

$2.7B
$3.2B
$2.9B
$2.9B
$3.2B
$3.5B
$3.0B
$3.1B
$3.3B
$3.6B
$3.7B
$3.8B
$4.3B
$5.0B
$4.8B
$5.3B
$6.0B
$6.9B
$7.1B
—

Wayfair Inc. · W

$3.1B
$3.3B
$3.0B
$3.3B
$2.8B
$3.1B
$2.8B
$3.2B
$2.9B
$3.1B
$2.7B
$3.1B
$2.9B
$3.1B
$2.7B
$3.3B
$3.1B
$3.3B
$2.9B
—

Revenue growth · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amazon.com, Inc. · AMZN

—
—
—
7.2%
15%
8.6%
9.4%
11%
13%
14%
13%
10%
11%
10%
8.6%
13%
13%
14%
17%
—

Chewy, Inc. · CHWY

—
—
—
—
13%
14%
11%
15%
15%
8.5%
3.6%
3.1%
2.7%
4.8%
15%
8.3%
8.6%
8.3%
0.6%
7.7%

Coupang, Inc. · CPNG

—
—
—
13%
9.8%
4.9%
13%
16%
21%
23%
23%
25%
27%
21%
11%
16%
18%
11%
7.5%
—

DoorDash, Inc. · DASH

—
—
—
30%
33%
40%
40%
33%
27%
27%
23%
23%
25%
25%
21%
25%
27%
38%
33%
—

eBay Inc. · EBAY

—
—
—
-9.2%
-4.8%
-3.9%
1.1%
4.9%
5.0%
2.1%
1.8%
1.3%
3.0%
0.7%
1.1%
6.1%
9.5%
15%
20%
—

Etsy, Inc. · ETSY

—
—
—
11%
12%
13%
11%
7.5%
7.1%
4.3%
0.8%
3.0%
4.1%
1.2%
-5.3%
3.9%
2.4%
3.5%
3.1%
—

Global-E Online Ltd. · GLBE

—
—
—
53%
80%
69%
55%
53%
26%
32%
24%
26%
31%
42%
30%
28%
26%
28%
33%
—

Maplebear Inc. · CART

—
—
—
40%
41%
59%
50%
15%
14%
6.1%
8.0%
15%
12%
10.0%
9.4%
11%
10%
12%
14%
—

MercadoLibre, Inc. · MELI

—
—
—
53%
45%
41%
42%
38%
46%
42%
36%
42%
35%
42%
37%
34%
39%
45%
49%
—

Revolve Group, Inc. · RVLV

—
—
—
27%
10%
7.9%
-1.1%
-5.5%
-4.1%
-0.4%
-3.2%
2.9%
9.7%
14%
9.6%
9.6%
4.6%
10%
15%
—

Sea Limited · SE

—
—
—
29%
17%
7.1%
4.9%
5.2%
4.9%
4.8%
23%
23%
31%
37%
30%
38%
38%
38%
47%
—

Wayfair Inc. · W

—
—
—
-15%
-9.0%
-4.6%
-7.3%
-3.4%
3.7%
0.4%
-1.6%
-1.7%
-2.0%
0.2%
0.0%
5.0%
8.1%
6.9%
7.4%
—
06 · compare level, then change

Operating Economics & Margin Trend

eBay Inc. has the highest OPM among the 16 Internet Retail companies compared here, at 19.8%. Etsy, Inc. is next at 19%. Jumia Technologies AG has the highest Margin change at +24 percentage points, so level and change sit with different companies. 15 of 16 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: eBay Inc. leads opm at 19.8%; Jumia Technologies AG leads margin change at +24 percentage points.

LeadereBay Inc. · 19.8%
Gap4.2% versus #2 · Etsy, Inc.
Persistence3/8 recent comparable periods
Coverage15/16 companies · 286 observations

Investor read: eBay Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1eBay Inc. EBAY20%
2Etsy, Inc. ETSY19%
3Maplebear Inc. CART18%
4Amazon.com, Inc. AMZN13%
5Global-E Online Ltd. GLBE13%
Margin changefastest expanders
1Jumia Technologies AG JMIA+24.0 pp
2Global-E Online Ltd. GLBE+23.2 pp
3Etsy, Inc. ETSY+19.6 pp
4Maplebear Inc. CART+5.6 pp
5Wayfair Inc. W+4.1 pp
Operating margin · company comparison
15/16 level · 15/16 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
eBay Inc. EBAY20%−3.8 ppMar 2026
Etsy, Inc. ETSY19%+19.6 ppMar 2026
Maplebear Inc. CART18%+5.6 ppMar 2026
Amazon.com, Inc. AMZN13%+1.3 ppJun 2026
Global-E Online Ltd. GLBE13%+23.2 ppMar 2026
Sea Limited SE8.4%−1.0 ppMar 2026
Liquidity Services, Inc. LQDT8.0%+2.2 ppMar 2026
MercadoLibre, Inc. MELI6.9%−6.0 ppMar 2026
Revolve Group, Inc. RVLV4.6%−0.4 ppMar 2026
Chewy, Inc. CHWY3.8%+1.3 ppJun 2026
DoorDash, Inc. DASH3.7%−1.4 ppMar 2026
Wayfair Inc. W-0.4%+4.1 ppMar 2026
Coupang, Inc. CPNG-2.8%−4.7 ppMar 2026
ThredUp Inc. TDUP-8.1%−0.5 ppMar 2026
Jumia Technologies AG JMIA-27%+24.0 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amazon.com, Inc. · AMZN

4.4%
2.5%
3.2%
2.7%
2.0%
1.8%
3.7%
5.7%
7.8%
7.8%
11%
9.9%
11%
11%
12%
11%
9.7%
12%
13%
—

Chewy, Inc. · CHWY

-0.8%
-1.4%
-2.6%
0.8%
0.9%
0.0%
0.6%
0.9%
-0.6%
-0.4%
-0.8%
2.2%
1.1%
0.9%
-0.3%
2.5%
2.2%
2.1%
1.3%
3.8%

Coupang, Inc. · CPNG

-6.8%
-7.8%
-4.0%
-1.3%
1.5%
1.6%
1.8%
2.5%
1.4%
2.0%
0.6%
-0.3%
1.4%
3.9%
1.9%
1.7%
1.7%
0.1%
-2.8%
—

DoorDash, Inc. · DASH

-7.8%
-12%
-12%
-17%
-18%
-20%
-8.4%
-9.9%
-5.0%
-3.9%
-2.4%
-7.6%
4.0%
4.1%
5.1%
5.0%
7.5%
3.7%
3.7%
—

eBay Inc. · EBAY

27%
26%
28%
22%
24%
23%
22%
20%
18%
16%
25%
21%
23%
21%
24%
18%
20%
20%
20%
—

Etsy, Inc. · ETSY

16%
20%
15%
12%
-161%
17%
12%
-0.4%
14%
14%
11%
11%
13%
18%
-0.6%
11%
12%
15%
19%
—

Global-E Online Ltd. · GLBE

-48%
-27%
-68%
-57%
-50%
-25%
-36%
-27%
-27%
-12%
-20%
-14%
-12%
2.0%
-10%
4.9%
7.7%
19%
13%
—

Maplebear Inc. · CART

3.2%
-23%
-16%
1.3%
4.9%
14%
20%
17%
-322%
5.7%
18%
6.3%
16%
18%
12%
14%
18%
9.8%
18%
—

MercadoLibre, Inc. · MELI

8.6%
1.1%
6.2%
9.6%
11%
12%
13%
19%
20%
5.6%
12%
14%
11%
14%
13%
12%
9.8%
10%
6.9%
—

Revolve Group, Inc. · RVLV

7.9%
13%
10%
6.6%
5.5%
4.1%
4.4%
2.7%
0.1%
0.9%
3.4%
5.8%
5.0%
3.9%
5.0%
5.8%
7.1%
6.3%
4.6%
—

Sea Limited · SE

-17%
-14%
-17%
-28%
-16%
9.9%
4.1%
9.2%
-3.9%
-1.6%
1.9%
2.2%
4.7%
6.2%
9.4%
9.3%
8.0%
8.2%
8.4%
—

Wayfair Inc. · W

-2.2%
-6.0%
-10%
-11%
-13%
-11%
-13%
-4.5%
-5.2%
-5.5%
-8.6%
-1.1%
-2.6%
-3.7%
-4.5%
0.5%
1.2%
2.5%
-0.4%
—

Margin change · reported quarter history

Showing the 12 largest of 15 companies with a series here. The remaining 3 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amazon.com, Inc. · AMZN

—
—
—
−4.1 pp
−2.4 pp
−0.7 pp
+0.5 pp
+3.0 pp
+5.8 pp
+6.0 pp
+7.0 pp
+4.2 pp
+3.2 pp
+3.5 pp
+1.1 pp
+1.5 pp
−1.3 pp
+0.4 pp
+1.3 pp
—

Chewy, Inc. · CHWY

—
—
—
—
+1.7 pp
+1.4 pp
+3.2 pp
+0.1 pp
−1.5 pp
−0.4 pp
−1.4 pp
+1.3 pp
+1.7 pp
+1.3 pp
+0.5 pp
+0.3 pp
+1.1 pp
+1.2 pp
+1.6 pp
+1.3 pp

Coupang, Inc. · CPNG

—
—
—
+10.2 pp
+8.3 pp
+9.4 pp
+5.8 pp
+3.8 pp
−0.1 pp
+0.4 pp
−1.2 pp
−2.8 pp
0.0 pp
+1.9 pp
+1.3 pp
+2.0 pp
+0.3 pp
−3.8 pp
−4.7 pp
—

DoorDash, Inc. · DASH

—
—
—
−9.0 pp
−10.3 pp
−8.6 pp
+3.5 pp
+7.1 pp
+13.1 pp
+16.5 pp
+6.0 pp
+2.3 pp
+9.0 pp
+8.0 pp
+7.5 pp
+12.6 pp
+3.5 pp
−0.4 pp
−1.4 pp
—

eBay Inc. · EBAY

—
—
—
−5.7 pp
−2.6 pp
−3.8 pp
−5.7 pp
−1.3 pp
−5.7 pp
−6.5 pp
+2.5 pp
+0.9 pp
+4.9 pp
+5.1 pp
−1.1 pp
−3.6 pp
−2.7 pp
−0.8 pp
−3.8 pp
—

Etsy, Inc. · ETSY

—
—
—
−4.4 pp
−176.3 pp
−2.5 pp
−2.4 pp
−12.8 pp
+174.5 pp
−3.6 pp
−1.7 pp
+11.2 pp
−0.8 pp
+4.5 pp
−11.1 pp
+0.6 pp
−0.9 pp
−3.5 pp
+19.6 pp
—

Global-E Online Ltd. · GLBE

—
—
—
−22.5 pp
−2.9 pp
+1.7 pp
+32.0 pp
+29.2 pp
+23.8 pp
+12.7 pp
+15.6 pp
+13.7 pp
+14.6 pp
+14.4 pp
+10.0 pp
+18.5 pp
+19.7 pp
+16.8 pp
+23.2 pp
—

Maplebear Inc. · CART

—
—
—
−5.2 pp
+1.7 pp
+36.8 pp
+35.8 pp
+15.3 pp
−326.5 pp
−7.8 pp
−2.2 pp
−10.3 pp
+337.8 pp
+11.9 pp
−5.3 pp
+7.3 pp
+1.5 pp
−7.8 pp
+5.6 pp
—

MercadoLibre, Inc. · MELI

—
—
—
−0.1 pp
+2.4 pp
+10.5 pp
+6.9 pp
+9.1 pp
+9.0 pp
−6.0 pp
−0.9 pp
−4.4 pp
−9.5 pp
+7.9 pp
+0.7 pp
−2.1 pp
−0.7 pp
−3.4 pp
−6.0 pp
—

Revolve Group, Inc. · RVLV

—
—
—
−7.8 pp
−2.4 pp
−9.2 pp
−5.6 pp
−3.9 pp
−5.4 pp
−3.2 pp
−1.0 pp
+3.1 pp
+4.9 pp
+3.0 pp
+1.6 pp
0.0 pp
+2.1 pp
+2.4 pp
−0.4 pp
—

Sea Limited · SE

—
—
—
−13.8 pp
+1.4 pp
+23.6 pp
+21.3 pp
+37.6 pp
+11.8 pp
−11.5 pp
−2.2 pp
−7.0 pp
+8.6 pp
+7.8 pp
+7.5 pp
+7.1 pp
+3.3 pp
+2.0 pp
−1.0 pp
—

Wayfair Inc. · W

—
—
—
−15.1 pp
−10.9 pp
−4.6 pp
−2.1 pp
+6.8 pp
+7.9 pp
+5.1 pp
+3.9 pp
+3.4 pp
+2.6 pp
+1.8 pp
+4.1 pp
+1.6 pp
+3.8 pp
+6.2 pp
+4.1 pp
—
07 · compare level, then change

Profit Scale & Acceleration

eBay Inc. has the highest Net profit among the 16 Internet Retail companies compared here, at $2,003 million. MercadoLibre, Inc. is next at $1,920 million. DoorDash, Inc. has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies. Its Net profit series carries 19 reported observations across the 20-quarter window.

What the numbers say: eBay Inc. leads with $2,003 million of TTM profit, 4.3% above MercadoLibre, Inc.. DoorDash, Inc. shows ≥100% on the scoring scale (176.3% uncapped) growth from a $923 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeadereBay Inc. · $2,003 million
Gap4.3% versus #2 · MercadoLibre, Inc.
Persistence4/8 recent comparable periods
Coverage14/16 companies · 295 observations

Investor read: eBay Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1eBay Inc. EBAY$2.0B
2MercadoLibre, Inc. MELI$1.9B
3Sea Limited SE$1.6B
4DoorDash, Inc. DASH$923M
5Maplebear Inc. CART$485M
Profit growthfastest growers
1DoorDash, Inc. DASH100%
2Sea Limited SE86%
3Revolve Group, Inc. RVLV31%
4Liquidity Services, Inc. LQDT20%
5Maplebear Inc. CART12%
Net profit · company comparison
14/16 level · 9/16 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Amazon.com, Inc. AMZN$30.3B77%Jun 2026
eBay Inc. EBAY$512M2.2%Mar 2026
Sea Limited SE$438M6.6%Mar 2026
MercadoLibre, Inc. MELI$417M-16%Mar 2026
DoorDash, Inc. DASH$183M-4.7%Mar 2026
Maplebear Inc. CART$144M36%Mar 2026
Etsy, Inc. ETSY$105M-15%Mar 2026
Chewy, Inc. CHWY$95M53%Jun 2026
Global-E Online Ltd. GLBE$30M3,000%Mar 2026
Revolve Group, Inc. RVLV$14M27%Mar 2026
Liquidity Services, Inc. LQDT$8M14%Mar 2026
Newegg Commerce, Inc. NEGG$-1M-360%Mar 2026
ThredUp Inc. TDUP$-6M—Mar 2026
Jumia Technologies AG JMIA$-18M—Mar 2026
Wayfair Inc. W$-105M-389%Mar 2026
Coupang, Inc. CPNG$-266M-333%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amazon.com, Inc. · AMZN

$3.2B
$14.3B
$-3.8B
$-2.0B
$2.9B
$265M
$3.2B
$6.8B
$9.9B
$10.6B
$10.5B
$13.5B
$15.3B
$20.0B
$17.1B
$18.2B
$21.3B
$21.7B
$30.3B
—

Chewy, Inc. · CHWY

$-17M
$-32M
$-65M
$18M
$22M
$2M
$7M
$23M
$20M
$-35M
$32M
$67M
$299M
$4M
$23M
$62M
$62M
$59M
$39M
$95M

Coupang, Inc. · CPNG

$-324M
$-405M
$-209M
$-75M
$91M
$102M
$91M
$145M
$91M
$1.0B
$-24M
$-105M
$64M
$131M
$114M
$31M
$95M
$-26M
$-266M
—

DoorDash, Inc. · DASH

$-101M
$-155M
$-167M
$-263M
$-296M
$-642M
$-162M
$-172M
$-75M
$-156M
$-25M
$-158M
$161M
$139M
$192M
$284M
$243M
$213M
$183M
—

eBay Inc. · EBAY

$283M
$-893M
$-1.3B
$-536M
$-70M
$671M
$569M
$172M
$1.3B
$728M
$439M
$226M
$636M
$680M
$501M
$369M
$597M
$525M
$512M
—

Etsy, Inc. · ETSY

$90M
$162M
$86M
$73M
$-963M
$110M
$75M
$62M
$88M
$83M
$63M
$53M
$57M
$130M
$-35M
$29M
$76M
$111M
$105M
—

Global-E Online Ltd. · GLBE

$-28M
$-22M
$-54M
$-49M
$-65M
$-28M
$-43M
$-36M
$-33M
$-22M
$-32M
$-22M
$-23M
$2M
$-18M
$10M
$13M
$62M
$30M
—

Maplebear Inc. · CART

$15M
$-99M
$-82M
$8M
$36M
$466M
$128M
$114M
$-2.0B
$135M
$130M
$61M
$118M
$148M
$106M
$116M
$144M
$81M
$144M
—

MercadoLibre, Inc. · MELI

$95M
$-46M
$65M
$123M
$129M
$165M
$201M
$262M
$359M
$165M
$344M
$531M
$397M
$639M
$494M
$523M
$421M
$559M
$417M
—

Revolve Group, Inc. · RVLV

$17M
$29M
$23M
$16M
$12M
$8M
$14M
$7M
$3M
$3M
$11M
$15M
$11M
$12M
$11M
$10M
$21M
$19M
$14M
—

Sea Limited · SE

$-571M
$-616M
$-580M
$-931M
$-569M
$423M
$87M
$331M
$-144M
$-112M
$-23M
$80M
$153M
$238M
$411M
$414M
$375M
$411M
$438M
—

Wayfair Inc. · W

$-78M
$-202M
$-319M
$-378M
$-283M
$-351M
$-355M
$-46M
$-163M
$-174M
$-248M
$-42M
$-74M
$-128M
$-113M
$15M
$-99M
$-116M
$-105M
—

Profit growth · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amazon.com, Inc. · AMZN

—
—
—
-126%
-9.0%
-98%
—
—
244%
3,909%
232%
99%
55%
88%
63%
35%
39%
8.2%
77%
—

Chewy, Inc. · CHWY

—
—
—
—
—
—
—
28%
-9.1%
-1,850%
357%
191%
1,395%
—
-28%
-7.5%
-79%
1,375%
70%
53%

Coupang, Inc. · CPNG

—
—
—
—
—
—
—
—
0.0%
913%
-126%
-172%
-30%
-87%
—
—
48%
-120%
-333%
—

DoorDash, Inc. · DASH

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
51%
53%
-4.7%
—

eBay Inc. · EBAY

—
—
—
-282%
-125%
—
—
—
—
8.5%
-23%
31%
-51%
-6.6%
14%
63%
-6.1%
-23%
2.2%
—

Etsy, Inc. · ETSY

—
—
—
-26%
-1,170%
-32%
-13%
-15%
—
-25%
-16%
-15%
-35%
57%
-156%
-45%
33%
-15%
—
—

Global-E Online Ltd. · GLBE

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
3,000%
—
—

Maplebear Inc. · CART

—
—
—
-71%
140%
—
—
1,325%
-5,653%
-71%
1.6%
-46%
—
9.6%
-18%
90%
22%
-45%
36%
—

MercadoLibre, Inc. · MELI

—
—
—
81%
36%
—
209%
113%
178%
0.0%
71%
103%
11%
287%
44%
-1.5%
6.1%
-13%
-16%
—

Revolve Group, Inc. · RVLV

—
—
—
-50%
-29%
-72%
-39%
-56%
-75%
-63%
-21%
114%
267%
300%
0.0%
-33%
91%
58%
27%
—

Sea Limited · SE

—
—
—
—
—
—
—
—
—
-126%
-126%
-76%
—
—
—
418%
145%
73%
6.6%
—

Wayfair Inc. · W

—
—
—
-389%
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
08 · compare level, then change

Return On Capital Employed

Chewy, Inc. has the highest ROCE among the 16 Internet Retail companies compared here, at 13.7%. Etsy, Inc. is next at 7.9%. Wayfair Inc. has the highest ROCE change at +9.3 percentage points, so level and change sit with different companies. 16 of 16 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Chewy, Inc. leads ROCE at 13.7%, 5.8 percentage points above Etsy, Inc.. Wayfair Inc. has the strongest latest improvement at +9.3 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderChewy, Inc. · 13.7%
Gap73.4% versus #2 · Etsy, Inc.
Persistence8/8 recent comparable periods
Coverage16/16 companies · 305 observations

Investor read: Chewy, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Chewy, Inc. CHWY14%
2Etsy, Inc. ETSY7.9%
3Maplebear Inc. CART6.0%
4MercadoLibre, Inc. MELI5.0%
5eBay Inc. EBAY4.7%
ROCE changefastest improvers
1Wayfair Inc. W+9.3 pp
2Etsy, Inc. ETSY+8.1 pp
3Chewy, Inc. CHWY+6.5 pp
4Global-E Online Ltd. GLBE+5.7 pp
5Maplebear Inc. CART+2.8 pp
Return on capital · company comparison
16/16 level · 16/16 change
All-company data · latest reported quarter
CompanyROCEROCE changeReported
Chewy, Inc. CHWY14%+6.5 ppJun 2026
Etsy, Inc. ETSY7.9%+8.1 ppMar 2026
Maplebear Inc. CART6.0%+2.8 ppMar 2026
MercadoLibre, Inc. MELI5.0%−4.3 ppMar 2026
eBay Inc. EBAY4.7%+0.5 ppMar 2026
Liquidity Services, Inc. LQDT4.4%+0.8 ppMar 2026
Sea Limited SE4.3%+0.3 ppMar 2026
Amazon.com, Inc. AMZN4.1%−0.2 ppJun 2026
Global-E Online Ltd. GLBE3.6%+5.7 ppMar 2026
Revolve Group, Inc. RVLV3.0%−0.2 ppMar 2026
DoorDash, Inc. DASH1.3%−0.6 ppMar 2026
Newegg Commerce, Inc. NEGG0.0%+2.2 ppMar 2026
Wayfair Inc. W-1.1%+9.3 ppMar 2026
Coupang, Inc. CPNG-3.1%−5.1 ppMar 2026
ThredUp Inc. TDUP-6.1%−2.1 ppMar 2026
Jumia Technologies AG JMIA-28%+1.6 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amazon.com, Inc. · AMZN

2.2%
1.5%
1.5%
1.3%
0.9%
0.9%
1.6%
2.5%
3.6%
3.9%
4.4%
4.0%
4.6%
5.2%
4.4%
4.3%
3.6%
4.8%
4.1%
4.1%

Chewy, Inc. · CHWY

—
-8.0%
-16%
3.9%
4.0%
-0.1%
2.9%
3.7%
-2.2%
-1.2%
-2.5%
6.3%
3.3%
2.9%
-1.0%
7.2%
7.1%
7.2%
4.5%
14%

Coupang, Inc. · CPNG

-12%
-15%
-4.6%
-1.6%
1.9%
2.0%
2.5%
3.2%
1.9%
2.4%
0.7%
-0.4%
1.6%
4.4%
2.0%
1.9%
1.9%
0.1%
-3.1%
—

DoorDash, Inc. · DASH

-2.8%
-3.1%
-3.5%
-4.3%
-5.0%
-6.0%
-2.8%
-2.9%
-1.5%
-1.2%
-0.8%
-2.7%
1.4%
1.5%
1.9%
1.6%
2.5%
1.3%
1.3%
—

eBay Inc. · EBAY

3.4%
3.7%
4.4%
2.5%
2.9%
2.9%
3.2%
3.2%
2.9%
2.4%
3.8%
3.5%
3.9%
3.6%
4.2%
3.6%
4.4%
4.6%
4.7%
—

Etsy, Inc. · ETSY

3.4%
5.5%
3.2%
2.4%
-38%
5.3%
3.0%
-0.1%
4.6%
5.8%
3.5%
3.6%
4.6%
8.3%
-0.2%
3.9%
4.2%
8.0%
7.9%
—

Global-E Online Ltd. · GLBE

-7.4%
-5.6%
-10%
-6.1%
-6.6%
-4.2%
-4.4%
-3.8%
-3.8%
-2.5%
-3.1%
-2.5%
-2.3%
0.6%
-2.1%
1.1%
1.8%
6.8%
3.6%
—

Maplebear Inc. · CART

0.7%
-5.5%
-6.9%
0.7%
1.3%
3.9%
5.6%
4.4%
-74%
1.3%
4.5%
1.6%
4.0%
4.2%
3.2%
3.6%
4.9%
3.2%
6.0%
—

MercadoLibre, Inc. · MELI

6.1%
0.7%
4.1%
7.2%
7.9%
7.4%
8.2%
13%
15%
4.2%
8.7%
11%
7.9%
11%
9.3%
9.0%
7.1%
7.9%
5.0%
—

Revolve Group, Inc. · RVLV

8.4%
12%
9.8%
6.1%
4.4%
3.0%
3.1%
1.8%
0.1%
0.5%
2.2%
3.7%
3.2%
2.6%
3.2%
3.8%
4.3%
4.1%
3.0%
—

Sea Limited · SE

-6.0%
-5.1%
-5.7%
-10%
-4.4%
3.2%
1.1%
2.6%
-1.2%
-0.5%
0.7%
0.8%
1.8%
2.8%
4.0%
4.1%
3.9%
4.3%
4.3%
—

Wayfair Inc. · W

-2.9%
-8.2%
-13%
-17%
-18%
-17%
-21%
-8.6%
-9.9%
-12%
-19%
-2.7%
-5.7%
-9.8%
-10%
1.5%
3.6%
7.0%
-1.1%
—

ROCE change · reported quarter history

Showing the 12 largest of 16 companies with a series here. The remaining 4 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amazon.com, Inc. · AMZN

—
—
—
—
−1.3 pp
−0.6 pp
+0.1 pp
+1.2 pp
+2.7 pp
+3.0 pp
+2.8 pp
+1.5 pp
+1.0 pp
+1.3 pp
0.0 pp
+0.3 pp
−1.0 pp
−0.4 pp
−0.3 pp
−0.2 pp

Chewy, Inc. · CHWY

—
—
—
—
—
+7.9 pp
+19.0 pp
−0.2 pp
−6.2 pp
−1.1 pp
−5.4 pp
+2.6 pp
+5.5 pp
+4.1 pp
+1.5 pp
+0.9 pp
+3.8 pp
+4.3 pp
+5.5 pp
+6.5 pp

Coupang, Inc. · CPNG

—
—
—
—
+13.7 pp
+17.2 pp
+7.1 pp
+4.8 pp
0.0 pp
+0.4 pp
−1.8 pp
−3.6 pp
−0.3 pp
+2.0 pp
+1.3 pp
+2.3 pp
+0.3 pp
−4.3 pp
−5.1 pp
—

DoorDash, Inc. · DASH

—
—
—
—
−2.2 pp
−2.9 pp
+0.7 pp
+1.4 pp
+3.5 pp
+4.8 pp
+2.0 pp
+0.2 pp
+2.9 pp
+2.7 pp
+2.7 pp
+4.3 pp
+1.1 pp
−0.2 pp
−0.6 pp
—

eBay Inc. · EBAY

—
—
—
—
−0.5 pp
−0.8 pp
−1.2 pp
+0.7 pp
0.0 pp
−0.5 pp
+0.6 pp
+0.3 pp
+1.0 pp
+1.2 pp
+0.4 pp
+0.1 pp
+0.5 pp
+1.0 pp
+0.5 pp
—

Etsy, Inc. · ETSY

—
—
—
—
−41.7 pp
−0.2 pp
−0.2 pp
−2.5 pp
+42.9 pp
+0.5 pp
+0.5 pp
+3.7 pp
0.0 pp
+2.5 pp
−3.7 pp
+0.3 pp
−0.4 pp
−0.3 pp
+8.1 pp
—

Global-E Online Ltd. · GLBE

—
—
—
—
+0.8 pp
+1.4 pp
+5.6 pp
+2.3 pp
+2.8 pp
+1.7 pp
+1.3 pp
+1.3 pp
+1.5 pp
+3.1 pp
+1.0 pp
+3.6 pp
+4.1 pp
+6.2 pp
+5.7 pp
—

Maplebear Inc. · CART

—
—
—
—
+0.6 pp
+9.4 pp
+12.5 pp
+3.7 pp
−75.6 pp
−2.6 pp
−1.1 pp
−2.8 pp
+78.3 pp
+2.9 pp
−1.3 pp
+2.0 pp
+0.9 pp
−1.0 pp
+2.8 pp
—

MercadoLibre, Inc. · MELI

—
—
—
—
+1.8 pp
+6.7 pp
+4.1 pp
+5.9 pp
+6.7 pp
−3.2 pp
+0.5 pp
−1.7 pp
−6.7 pp
+6.8 pp
+0.6 pp
−2.4 pp
−0.8 pp
−3.1 pp
−4.3 pp
—

Revolve Group, Inc. · RVLV

—
—
—
—
−4.0 pp
−9.3 pp
−6.7 pp
−4.3 pp
−4.3 pp
−2.5 pp
−0.9 pp
+1.9 pp
+3.1 pp
+2.1 pp
+1.0 pp
+0.1 pp
+1.1 pp
+1.5 pp
−0.2 pp
—

Sea Limited · SE

—
—
—
—
+1.6 pp
+8.3 pp
+6.8 pp
+12.8 pp
+3.2 pp
−3.7 pp
−0.4 pp
−1.8 pp
+3.0 pp
+3.3 pp
+3.3 pp
+3.3 pp
+2.1 pp
+1.5 pp
+0.3 pp
—

Wayfair Inc. · W

—
—
—
—
−15.1 pp
−8.9 pp
−7.3 pp
+8.6 pp
+8.1 pp
+4.8 pp
+2.0 pp
+5.9 pp
+4.2 pp
+2.5 pp
+8.3 pp
+4.2 pp
+9.3 pp
+16.8 pp
+9.3 pp
—
09 · compare level, then change

Valuation Against Growth & Quality

Revolve Group, Inc. has the lowest PEG among the 16 Internet Retail companies compared here, at 0.88×. Maplebear Inc. is next at 1.18×. Amazon.com, Inc. has the lowest P/E at 19.2×, so level and change sit with different companies. 6 of 16 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Revolve Group, Inc. has the lowest comparable PEG at 0.88×, 25.4% below Maplebear Inc.. Only 6 of 16 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderRevolve Group, Inc. · 0.88×
Gap25.4% versus #2 · Maplebear Inc.
Persistence0/8 recent comparable periods
Coverage6/16 companies · 25 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1Revolve Group, Inc. RVLV0.9
2Maplebear Inc. CART1.2
3MercadoLibre, Inc. MELI1.3
4Liquidity Services, Inc. LQDT1.7
5Chewy, Inc. CHWY1.8
P/Elowest P/E
1Amazon.com, Inc. AMZN19.2
2eBay Inc. EBAY20.6
3Etsy, Inc. ETSY20.8
4Maplebear Inc. CART20.9
5Revolve Group, Inc. RVLV25.4
Valuation · company comparison
6/16 level · 14/16 change
All-company data · latest reported quarter
CompanyPEGP/EReported
eBay Inc. EBAY3.920.6Mar 2026
Chewy, Inc. CHWY1.842.6Jun 2026
Liquidity Services, Inc. LQDT1.732.5Mar 2026
MercadoLibre, Inc. MELI1.345.6Mar 2026
Maplebear Inc. CART1.220.9Mar 2026
Revolve Group, Inc. RVLV0.925.4Mar 2026
Amazon.com, Inc. AMZN0.719.2Jun 2026
DoorDash, Inc. DASH—71.5Mar 2026
Sea Limited SE—32.6Mar 2026
Coupang, Inc. CPNG—214.5Mar 2026
Wayfair Inc. W—327.6Mar 2026
Etsy, Inc. ETSY—20.8Mar 2026
Global-E Online Ltd. GLBE—47.5Mar 2026
Newegg Commerce, Inc. NEGG—210.7Mar 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Amazon.com, Inc. · AMZN

—
—
—
—
—
—
—
7.7
—
—
—
—
—
—
—
0.6
0.6
1.1
0.7
—

Chewy, Inc. · CHWY

—
—
—
—
—
—
—
—
—
—
—
1.8
—
—
—
—
—
—
—
—

eBay Inc. · EBAY

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.3
2.3
3.9
—

Liquidity Services, Inc. · LQDT

—
—
—
—
—
—
—
—
—
—
—
—
—
1.7
1.8
0.9
0.8
1.4
1.7
—

Maplebear Inc. · CART

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0.9
—
1.2
—

MercadoLibre, Inc. · MELI

—
—
—
—
—
—
—
—
—
—
—
—
1.6
—
—
1.4
1.3
—
—
—

Revolve Group, Inc. · RVLV

—
—
—
—
—
—
—
—
—
—
—
—
1.6
—
—
0.9
0.8
1.4
0.9
—

P/E · reported quarter history

Showing the 12 largest of 14 companies with a series here. The remaining 2 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amazon.com, Inc. · AMZN

64.1
51.5
78.4
94.0
102.7
—
245.9
102.7
65.9
52.4
50.5
46.2
39.9
39.7
31.0
33.5
31.0
32.2
24.9
19.2

Chewy, Inc. · CHWY

—
3,790.0
—
—
—
—
510.1
238.5
258.5
450.5
21.3
83.4
30.5
29.6
75.0
41.2
102.6
70.3
56.0
42.6

Coupang, Inc. · CPNG

—
—
—
—
—
—
133.3
72.5
70.8
21.6
25.3
36.0
43.1
274.8
156.6
149.8
153.3
214.5
—
—

DoorDash, Inc. · DASH

—
—
—
—
—
—
—
—
—
—
—
—
—
578.5
237.4
137.0
138.1
106.3
71.5
—

eBay Inc. · EBAY

3.9
175.0
4.6
—
—
—
37.0
18.1
8.7
8.4
10.5
10.4
16.4
15.7
16.2
16.4
19.8
20.1
20.6
—

Etsy, Inc. · ETSY

61.5
64.4
41.3
25.8
—
—
—
—
27.0
36.2
28.1
24.5
25.0
22.5
33.7
40.5
46.8
39.9
20.8
—

Global-E Online Ltd. · GLBE

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1,192.0
100.8
47.5
—

Maplebear Inc. · CART

—
—
—
—
—
—
—
—
—
—
—
—
27.3
26.2
26.2
26.2
20.2
28.1
20.9
—

MercadoLibre, Inc. · MELI

1,056.2
807.4
324.1
134.7
154.2
88.8
108.0
79.3
64.9
80.8
67.7
59.4
72.4
45.1
48.0
64.6
57.0
51.1
45.6
—

Revolve Group, Inc. · RVLV

51.5
41.8
40.4
22.9
20.3
28.2
38.7
29.3
30.9
43.6
62.3
35.4
44.3
48.5
31.1
32.3
28.0
35.1
25.4
—

Sea Limited · SE

—
—
—
—
—
—
—
145.1
38.2
162.0
1,074.2
—
628.5
143.4
91.9
82.9
78.4
50.6
32.6
—

Wayfair Inc. · W

327.6
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
10 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Internet Retail comparison names 4 specific ways its own evidence can mislead, all listed below. All 16 companies here report on comparable dates, so no rank carries a stale marker. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
11 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 16 Internet Retail companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-04. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-08-04 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
12 · questions investors ask, short speakable answers

Internet Retail company comparison FAQs

These 22 answers restate the Internet Retail comparison above in question form. Every one is computed from the same 16 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-04. Nothing here is estimated, and none of it is a recommendation.

Is the Internet Retail sector outperforming S&P 500?

Internet Retail has underperformed S&P 500 by 13.7% over 52 weeks and 4.9% over 13 weeks. 6 of 16 covered companies beat the S&P 500 on Mansfield relative strength, while 8 of 16 beat the sector itself.

Which Internet Retail company is largest by revenue?

Coupang, Inc. leads with revenue of $35,130 million, based on 14 of 16 comparable companies through Mar 2026.

Which Internet Retail company is growing fastest?

MercadoLibre, Inc. has the fastest current revenue growth at 42.1%, across 14 of 16 comparable companies.

Which Internet Retail company has the strongest 4-Factor Sector Score?

Etsy, Inc. ranks first at 67.2/100 with 63.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Internet Retail company has the lowest comparable PEG?

Revolve Group, Inc. has the lowest comparable PEG at 0.88, among 6 of 16 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Internet Retail comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Which Internet Retail company is the biggest?

Coupang, Inc. is the largest, with trailing-twelve-month revenue of $35,130 million, ahead of MercadoLibre, Inc. at $31,803 million. That covers 14 of 16 companies with comparable reporting through Mar 2026.

Which Internet Retail company has the best profit margins?

eBay Inc. has the highest operating margin at 19.8%, from 15 of 16 comparable companies. Jumia Technologies AG shows the biggest recent improvement, at +24 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Internet Retail company makes the most profit?

eBay Inc. earns the most, at $2,003 million of trailing-twelve-month net profit, from 14 of 16 comparable companies. DoorDash, Inc. has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Internet Retail company earns the highest return on capital?

Chewy, Inc. leads on return on capital employed at 13.7%, across 16 of 16 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Internet Retail stock is the cheapest?

On PEG — where a LOWER number is cheaper — Revolve Group, Inc. screens cheapest at 0.88×. Only 6 of 16 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Internet Retail sector beating the market?

Internet Retail has underperformed S&P 500 by 13.7% over the last 52 weeks and 4.9% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 6 of 16 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Internet Retail stock has the strongest price momentum?

Etsy, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Internet Retail company scores highest for research priority?

Etsy, Inc. scores 67.2 out of 100 with 63.6% evidence confidence, from 21.4 points on growth and earnings, 16.4 on capital efficiency, 11 on valuation and 18.4 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Internet Retail companies does this comparison cover, and over what period?

It compares 16 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Internet Retail sector?

The 16 Internet Retail companies on this page carry $3,379,350 million of combined market value. Amazon.com, Inc. is the largest at $2,992,339 million, about 89% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-04.

What is the Internet Retail sector's P/E ratio?

The median price-to-earnings ratio across the 16 Internet Retail companies on this page is 42.6×, measured on the 14 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-04.

How is the Internet Retail sector performing?

6 of the 16 covered Internet Retail companies are beating S&P 500 on Mansfield relative strength. The sector itself is 13.7% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-04.

How many Internet Retail stocks are listed in the US?

This comparison covers 16 listed Internet Retail companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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