Airbnb Inc (ABNB)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,648,000 | 4,792,000 | 1,893,000 | -352,000 |
| Revenue | US$ in thousands | 11,102,000 | 9,917,000 | 8,337,000 | 5,577,050 |
| Net profit margin | 23.85% | 48.32% | 22.71% | -6.31% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,648,000K ÷ $11,102,000K
= 23.85%
The net profit margin of Airbnb Inc has fluctuated over the years, indicating varying levels of profitability. In 2021, the company reported a negative net profit margin of -6.31%, suggesting that its expenses exceeded its revenues, resulting in a net loss.
However, in the subsequent years, Airbnb Inc managed to significantly improve its financial performance. The net profit margin increased to 22.71% by December 31, 2022, indicating that the company was able to generate profits equivalent to 22.71% of its total revenues after accounting for all expenses.
The trend continued to improve in 2023, with a notable rise in the net profit margin to 48.32%. This indicates a sharp increase in profitability, showcasing the company's ability to generate significant profits relative to its revenues.
By December 31, 2024, Airbnb Inc's net profit margin stood at 23.85%, slightly lower than the previous year but still indicating a healthy level of profitability. Overall, the upward trend in net profit margin reflects the company's efforts to enhance operational efficiency and optimize its financial performance over the analyzed period.
Peer comparison
Dec 31, 2024