Airbnb Inc (ABNB)
Pretax margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,102,000 | 2,829,000 | 2,420,000 | 2,127,000 | 1,989,000 | 1,717,428 | 1,297,886 | 857,902 | -299,998 |
| Revenue (ttm) | US$ in thousands | 9,885,000 | 9,638,930 | 9,126,340 | 8,746,450 | 8,405,530 | 7,998,080 | 7,352,000 | 6,583,090 | 5,593,549 |
| Pretax margin | 21.26% | 29.35% | 26.52% | 24.32% | 23.66% | 21.47% | 17.65% | 13.03% | -5.36% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,102,000K ÷ $9,885,000K
= 21.26%
The pretax margin of Airbnb Inc has shown fluctuating trends over the past eight quarters. In Q3 2023, the pretax margin reached its peak at 29.47%, indicating strong profitability before accounting for taxes. This was an improvement from Q2 2023, where the margin was slightly lower at 26.63%.
In the preceding quarters, the pretax margin exhibited a gradual increase from Q1 2022 to Q4 2022, rising from 12.97% to 23.68%. The margin was lowest in Q2 2022 at 17.58%, showing variability in the company's ability to generate profit before tax obligations.
Overall, based on the pretax margin data, Airbnb Inc's profitability has shown some level of volatility, with periodic peaks and troughs in the company's ability to generate earnings relative to its revenue. Further analysis and consideration of external factors would be needed to fully assess the company's financial performance and prospects.
Peer comparison
Dec 31, 2023