Airbnb Inc (ABNB)
Return on assets (ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Net income | US$ in thousands | 4,792,000 | 1,893,000 | -352,000 |
| Total assets | US$ in thousands | 20,645,000 | 16,038,000 | 13,708,000 |
| ROA | 23.21% | 11.80% | -2.57% |
December 31, 2023 calculation
ROA = Net income ÷ Total assets
= $4,792,000K ÷ $20,645,000K
= 23.21%
Airbnb Inc's return on assets (ROA) has shown a fluctuating trend over the past five years, as indicated by the data. The company's ROA has improved significantly from -43.70% in 2020 to 23.21% in 2023, reflecting a strong performance in utilizing its assets to generate profits. This positive trend suggests that Airbnb has become more efficient in generating earnings relative to its total assets, potentially indicating improved operational efficiency and profitability. Overall, the upward trend in ROA indicates a positive trajectory for the company's asset utilization and profitability over the specified period.
Peer comparison
Dec 31, 2023