Airbnb Inc (ABNB)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 3,331,000 | 2,102,000 | 1,989,000 | -300,000 |
| Revenue | US$ in thousands | 11,102,000 | 9,917,000 | 8,337,000 | 5,577,050 |
| Pretax margin | 30.00% | 21.20% | 23.86% | -5.38% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $3,331,000K ÷ $11,102,000K
= 30.00%
Based on the data provided, Airbnb Inc's pretax margin has fluctuated over the four years from December 31, 2021, to December 31, 2024.
In December 2021, Airbnb Inc had a negative pretax margin of -5.38%, indicating that the company's expenses exceeded its pre-tax income, resulting in a loss before taxes.
However, over the following years, Airbnb Inc demonstrated significant improvement in its financial performance. By December 31, 2022, the pretax margin had surged to 23.86%, reflecting a substantial increase in profitability as the company managed to generate more pre-tax income compared to its expenses.
The trend of improvement continued in December 2023, with Airbnb Inc maintaining a strong pretax margin of 21.20%. This suggests that the company remained financially healthy and efficient in managing its costs while driving revenue growth.
By the end of December 2024, Airbnb Inc's pretax margin further increased to 30.00%, indicating a notable enhancement in profitability and operational efficiency. This significant improvement in pretax margin over the years showcases Airbnb Inc's ability to effectively control costs, boost revenue, and enhance overall financial performance.
Peer comparison
Dec 31, 2024