Airbnb ABNB Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 332.1%+0.3pp | 332.3%+0.7pp | 332.4%+1.0pp | 332.4%+1.5pp | 331.8%+1.1pp | |
| Operating margin | 86.4%— | 88.1%— | 90.3%— | —— | —— | |
| Net margin | 85.1%-30.9pp | 87.8%-57.3pp | 91.1%-81.9pp | 89.3%-120pp | 116.1%-69.6pp | |
| Returns | ||||||
| Return on equity | 126.6%-41.8pp | 126.3%-90.2pp | 128%-131pp | 122.1%-187pp | 168.4%-106pp | |
| Efficiency | ||||||
| Asset turnover | 2×+0.1× | 2×0.0× | 1.9×0.0× | 1.9×0.0× | 1.9×0.0× | |
| Liquidity | ||||||
| Current ratio | 5.4×-0.5× | 5.3×-0.9× | 5.6×-0.5× | 5.8×-0.5× | 6×-0.4× | |
| Leverage | ||||||
| Debt-to-equity | 1.2×+0.1× | 1.1×0.0× | 1.1×0.0× | 1.1×0.0× | 1.1×-0.2× | |
| Per Share | ||||||
| Book value per share | $52.02+1.7% | $52.02+2.7% | $51.90+3.9% | $51.25+1.4% | $51.15+11.6% | |
| Valuation | ||||||
| Market capitalization | $313.9B-5.7% | $312.42B-14.1% | $312.23B-15.4% | $318.09B-15.5% | $332.79B-7.8% | |
| Price / earnings | 122.2×+6.7× | 121.3×+15.2× | 119.6×+27.5× | 128×+56.6× | 115.5×+27.4× | |
| Price / sales | 26×-4.6× | 26.6×-7.6× | 27.3×-8.4× | 28.4×-8.9× | 30.6×-6.5× | |
| Price / book | 39.1×-1.5× | 38.5×-6.1× | 38.2×-7.3× | 39×-6.6× | 40.6×-9.0× |
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.
