Airbnb Inc (ABNB)

Net profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Net income US$ in thousands 4,792,000 1,893,000 -352,000
Revenue US$ in thousands 9,917,000 8,337,000 5,577,050
Net profit margin 48.32% 22.71% -6.31%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $4,792,000K ÷ $9,917,000K
= 48.32%

The net profit margin of Airbnb Inc has shown significant variability over the past five years. The company experienced a notable improvement in its net profit margin from -135.71% in 2020 to 48.32% in 2023, indicating a substantial turnaround in profitability. This suggests that Airbnb has managed to increase its profitability relative to its revenues in recent years. However, it is important to note that the net profit margin was negative in 2020 and 2021, indicating that the company incurred losses during those periods. Overall, the upward trend in the net profit margin from 2019 to 2023 reflects a positive trajectory for Airbnb's financial performance.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
Airbnb Inc
ABNB
48.32%
ABM Industries Incorporated
ABM
3.14%
Frontdoor Inc
FTDR
9.61%
Rollins Inc
ROL
14.17%

See also:

Airbnb Inc Net Profit Margin