Airbnb Inc (ABNB)
Return on assets (ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 2,648,000 | 1,838,000 | 4,844,000 | 4,939,000 | 4,792,000 | 5,460,000 | 2,300,000 | 2,029,000 | 1,893,000 | 1,628,535 | 1,248,428 | 801,211 | -351,999 |
Total assets | US$ in thousands | 20,959,000 | 22,172,000 | 26,320,000 | 24,537,000 | 20,645,000 | 21,439,000 | 21,188,000 | 20,018,000 | 16,038,000 | 16,076,600 | 19,059,100 | 17,068,400 | 13,708,000 |
ROA | 12.63% | 8.29% | 18.40% | 20.13% | 23.21% | 25.47% | 10.86% | 10.14% | 11.80% | 10.13% | 6.55% | 4.69% | -2.57% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $2,648,000K ÷ $20,959,000K
= 12.63%
Airbnb Inc's return on assets (ROA) has shown fluctuating trends over the analyzed periods.
As of December 31, 2021, the ROA was -2.57%, indicating that the company's assets were not effectively generating profits during that period. However, there was a notable improvement in the ROA by March 31, 2022, reaching 4.69%, suggesting a more efficient utilization of assets to generate returns.
The trend continued positively with ROA figures increasing to 6.55% by June 30, 2022, and further to 10.13% by September 30, 2022. This indicates a strengthening performance in asset utilization.
By the end of December 31, 2022, the ROA reached 11.80%, reflecting a peak in asset efficiency. However, there was a slight decrease to 10.14% by March 31, 2023. The ROA stayed relatively stable in the subsequent periods, with slight fluctuations, showing figures of 10.86%, 25.47%, and 23.21% by June 30, 2023, September 30, 2023, and December 31, 2023, respectively.
The ROA began to decline from March 31, 2024, reaching 20.13% and further dropping to 18.40% by June 30, 2024. The downward trend continued with ROA figures of 8.29% as of September 30, 2024, and a slight rebound to 12.63% by December 31, 2024.
Overall, Airbnb Inc's ROA performance has displayed volatility with periods of significant improvement followed by minor declines. It is essential for the company to closely monitor and manage its asset efficiency to sustain profitability and value creation over time.
Peer comparison
Dec 31, 2024