Airbnb ABNB Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 83%-0.1pp | 83.1%+0.3pp | 82.8%+0.7pp | 82.2%+1.4pp | |
| Operating margin | 20.8%-2.2pp | 23%— | —— | 21.5%+14.3pp | |
| Net margin | 20.5%-3.3pp | 23.9%-28.0pp | 51.8%+29.3pp | 22.5%— | |
| Returns | |||||
| Return on equity | 30.2%-1.7pp | 31.9%-43.0pp | 74.9%+38.3pp | 36.6%— | |
| Return on assets | 11.6%-1.1pp | 12.7%-15.3pp | 28%+15.3pp | 12.7%— | |
| Efficiency | |||||
| Asset turnover | 0.6×0.0× | 0.5×0.0× | 0.5×0.0× | 0.6×+0.1× | |
| Liquidity | |||||
| Current ratio | 1.4×-0.3× | 1.7×0.0× | 1.7×-0.2× | 1.9×-0.1× | |
| Quick ratio | 1.4×-0.3× | 1.7×0.0× | 1.7×-0.2× | 1.9×-0.1× | |
| Cash ratio | 1×-0.3× | 1.3×0.0× | 1.3×-0.2× | 1.5×0.0× | |
| Leverage | |||||
| Debt-to-equity | 0.3×0.0× | 0.3×0.0× | 0.3×-0.1× | 0.4×-0.1× | |
| Debt-to-assets | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Per Share | |||||
| Book value per share | $13.16+0.9% | $13.04+5.7% | $12.33+50.8% | $8.18+5.5% | |
| Valuation | |||||
| Market capitalization | $82.29B+0.2% | $82.1B-5.9% | $87.26B+61.2% | $54.14B-48.8% | |
| Enterprise value | $71.08B-0.8% | $71.64B-6.8% | $76.89B+73.3% | $44.37B-54.9% | |
| Price / earnings | 32.8×+1.8× | 31×+14.0× | 17×-11.6× | 28.6×— | |
| Price / sales | 6.7×-0.7× | 7.4×-1.4× | 8.8×+2.4× | 6.4×-11.2× | |
| Price / book | 10×+0.3× | 9.8×-0.9× | 10.7×+0.9× | 9.7×-12.4× | |
| EV / sales | 5.8×-0.6× | 6.5×-1.3× | 7.8×+2.5× | 5.3×-11.2× | |
| Earnings yield | 3.1%-0.2pp | 3.2%-2.7pp | 5.9%+2.4pp | 3.5%— |
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.
