Airbnb Inc (ABNB)
Return on assets (ROA)
| 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 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 20,645,000 | 21,439,000 | 21,188,000 | 20,018,000 | 16,038,000 | 16,076,600 | 19,059,100 | 17,068,400 | 13,708,000 | 13,582,000 | 15,484,800 | 12,339,100 |
| ROA | 23.21% | 25.47% | 10.86% | 10.14% | 11.80% | 10.13% | 6.55% | 4.69% | -2.57% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $4,792,000K ÷ $20,645,000K
= 23.21%
The Return on Assets (ROA) for Airbnb Inc fluctuated over the past eight quarters, ranging from a low of 4.70% in Q1 2022 to a high of 25.47% in Q3 2023. The company's ROA generally showed an upward trend from Q1 2022 to Q3 2023, indicating that the company was effectively utilizing its assets to generate profits. However, the ROA experienced a slight decrease in Q4 2023 compared to the previous quarter.
Overall, Airbnb Inc has maintained a strong performance in terms of generating returns from its assets, with ROA consistently above 10% in recent quarters. This suggests that the company has been successful in efficiently utilizing its assets to generate profits for its stakeholders.
Peer comparison
Dec 31, 2023