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Airbnb ABNB Debt-to-equity

Debt-to-equity at other companies

Royal Caribbean Group logo
Royal Caribbean GroupRCL
0.1×0.0×
Host Hotels & Resorts logo
Host Hotels & ResortsHST
0.8×0.0×
Expedia Group, Inc. logo
Expedia Group, Inc.EXPE
8.2×+2.1×
Hyatt Hotels logo
Hyatt HotelsH
1.6×+0.3×

Other financials

Income statement

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Revenue$2.7B+17.9%
Gross profit$2.1B+18.7%
Operating income$86.0M+126%
Net income$160.0M+3.9%
EPS (diluted)$0.26+8.3%

Balance sheet

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Cash & equivalents$17.6B+5.0%
Total debt$2.5B+11.1%
Total equity$7.6B-3.8%
Total assets$26.8B+7.1%

Cash flow

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Operating cash flow$1.7B-4.5%

Valuation

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Market cap$83.41B+2.0%
Enterprise value$68.36B+1.5%
P/E33.1×+0.9×
P/S6.6×-0.7×

Profitability

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Gross margin82.9%-0.1pp
Operating margin20.5%-1.7pp
Net margin19.9%-2.7pp

Returns & leverage

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Return on equity32.3%+0.3pp
Current ratio1.4×+0.2×

Where this comes from

Calculated from Airbnb’s reported figures.

Based on the most recent quarter.

The official record: Airbnb’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Airbnb's debt-to-equity?
Airbnb (ABNB) reported debt-to-equity of 0.3× in Q1 2026.
How has Airbnb's debt-to-equity changed year-over-year?
Airbnb's debt-to-equity increased by 15.5% year-over-year, from 0.3× to 0.3×.
What is the long-term trend for Airbnb's debt-to-equity?
Over 4 years (2021 to 2025), Airbnb's debt-to-equity has grown at a -18.6% compound annual growth rate (CAGR), from 2.6× to 1.1×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.