Airbnb Inc (ABNB)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Revenue | US$ in thousands | 11,102,000 | 9,917,000 | 8,337,000 | 5,577,050 |
| Total assets | US$ in thousands | 20,959,000 | 20,645,000 | 16,038,000 | 13,708,000 |
| Total asset turnover | 0.53 | 0.48 | 0.52 | 0.41 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $11,102,000K ÷ $20,959,000K
= 0.53
The total asset turnover for Airbnb Inc has shown fluctuations over the years, with values of 0.41 on December 31, 2021, 0.52 on December 31, 2022, 0.48 on December 31, 2023, and 0.53 on December 31, 2024. This ratio indicates that the company generated $0.41 of revenue for every $1 of total assets in 2021, which increased to $0.53 in 2024. The improvement in total asset turnover from 2021 to 2024 suggests that Airbnb has been utilizing its assets more efficiently to generate revenue. However, the slight decrease in 2023 compared to 2022 indicates a potential dip in asset utilization efficiency during that period. Overall, the trend indicates an upward trajectory in asset turnover efficiency, albeit with some variability from year to year.
Peer comparison
Dec 31, 2024