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Airbnb ABNB Free cash flow yield

Free cash flow yield at other companies

Royal Caribbean Group logo
Royal Caribbean GroupRCL
4.7%
Marriott International logo
Marriott InternationalMAR
3.3%+0.4pp
Host Hotels & Resorts logo
Host Hotels & ResortsHST
9.6%-2.2pp
Booking Holdings Inc. logo
Booking Holdings Inc.BKNG
6.8%+1.2pp
Hyatt Hotels logo
Hyatt HotelsH
4.2%0.0pp
Hilton Worldwide logo
Hilton WorldwideHLT
3.2%-0.5pp

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$84.52B+2.0%
Enterprise value$69.47B+1.5%
P/E33.6×+0.9×
P/S6.7×-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
Debt / equity0.3×0.0×
Current ratio1.4×+0.2×

Where this comes from

Calculated from Airbnb’s reported figures.

Based on trailing twelve months.

The official record: Airbnb’s 10-Q, filed November 7, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Airbnb's free cash flow yield?
Airbnb (ABNB) reported free cash flow yield of 4.8% in Q3 2023.
How has Airbnb's free cash flow yield changed year-over-year?
Airbnb's free cash flow yield decreased by 2.1% year-over-year, from 5% to 4.8%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.