Airbnb ABNB Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 82.9%0.0pp | 83%-0.1pp | 83%-0.2pp | 83.2%+0.2pp | 83%0.0pp | |
| Operating margin | 20.5%-0.3pp | 20.8%-1.9pp | 22.6%+0.2pp | 22.5%+0.3pp | 22.2%-0.8pp | |
| Net margin | 19.9%-0.6pp | 20.5%-1.5pp | 22%-0.6pp | 22.7%+0.1pp | 22.6%-1.3pp | |
| Returns | ||||||
| Return on equity | 32.3%+2.1pp | 30.2%-0.5pp | 30.8%-2.5pp | 33.3%+1.2pp | 32.1%+0.1pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×-0.1× | 0.6×0.0× | 0.5×+0.1× | 0.4×0.0× | 0.5×-0.1× | |
| Liquidity | ||||||
| Current ratio | 1.4×+0.1× | 1.4×0.0× | 1.4×+0.2× | 1.2×0.0× | 1.3×-0.4× | |
| Leverage | ||||||
| Debt-to-equity | 0.3×+0.1× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Per Share | ||||||
| Book value per share | $12.56-4.6% | $13.16-5.1% | $13.86+11.5% | $12.43-1.0% | $12.56-3.7% | |
| Valuation | ||||||
| Market capitalization | $75.71B-8.0% | $82.29B+10.7% | $74.34B-8.9% | $81.56B+9.9% | $74.23B-9.6% | |
| Price / earnings | 30.1×-2.7× | 32.8×+4.5× | 28.3×-2.8× | 31.1×+1.8× | 29.2×-1.8× | |
| Price / sales | 6×-0.7× | 6.7×+0.5× | 6.2×-0.8× | 7×+0.4× | 6.6×-0.8× | |
| Price / book | 9.9×-0.1× | 10×+1.4× | 8.6×-1.8× | 10.5×+1.1× | 9.4×-0.4× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Airbnb's profit margins?
- Airbnb (ABNB) runs a 82.9% gross margin and a 20.5% operating margin, with a 19.9% net margin.
- Where do Airbnb's ratios come from?
- Every ratio is computed from Airbnb's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
