Airbnb Inc (ABNB)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|---|
Operating income | US$ in thousands | 2,553,000 | 1,518,000 | 1,802,000 | 429,000 |
Revenue | US$ in thousands | 11,102,000 | 9,917,000 | 8,337,000 | 5,577,050 |
Operating profit margin | 23.00% | 15.31% | 21.61% | 7.69% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,553,000K ÷ $11,102,000K
= 23.00%
Based on the provided data for Airbnb Inc's operating profit margin, the company's performance in this area shows variation over the years. In December 31, 2021, the operating profit margin stood at 7.69%, indicating that for every dollar of sales revenue generated, the company retained approximately 7.69 cents as operating profit.
By December 31, 2022, there was a significant improvement in the operating profit margin, which rose to 21.61%. This suggests that Airbnb Inc's operational efficiency and cost management strategies were more effective during this period, resulting in a higher margin of profit from its core business activities.
In the following year, by December 31, 2023, the operating profit margin decreased to 15.31%. While still above the initial value in 2021, this decline may indicate various factors such as changes in expenses, pricing strategies, or revenue composition that impacted the company's profit margins.
However, by December 31, 2024, Airbnb Inc was able to achieve a notable increase in the operating profit margin to 23.00%, reflecting a strong performance in managing operating costs and enhancing profitability relative to the previous year.
Overall, fluctuations in Airbnb Inc's operating profit margin over the years demonstrate the company's ability to adapt to changing market conditions, optimize operational efficiency, and generate profits from its core business operations. Continued monitoring and analysis of this metric will be crucial for assessing the company's financial health and performance in the long term.
Peer comparison
Dec 31, 2024