Airbnb Inc (ABNB)

Pretax margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 2,102,000 1,989,000 -300,000
Revenue US$ in thousands 9,917,000 8,337,000 5,577,050
Pretax margin 21.20% 23.86% -5.38%

December 31, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $2,102,000K ÷ $9,917,000K
= 21.20%

Airbnb Inc's pretax margin has exhibited fluctuations over the past five years. In 2023, the pretax margin improved to 21.20%, showing a decreased profitability compared to the previous year (23.68% in 2022). However, it is important to note that in 2021, the company experienced a negative pretax margin of -5.01%, indicating a period of financial distress. This negative trend was even more pronounced in 2020 and 2019, with pretax margins of -138.59% and -8.57%, respectively. Overall, despite the recent improvement in 2023, Airbnb Inc has shown volatility in its pretax margin performance in the past few years, suggesting the need for careful monitoring and strategic decision-making to sustain profitability.


Peer comparison

Dec 31, 2023