Airbnb Inc. (NASDAQ:ABNB)

The financial data shows notable trends in profitability, asset growth, and return on assets (ROA) over the five-year period.

Net Income (Loss)

The net income exhibited a significant turnaround. In 2020, there was a substantial loss of $4,585 million, which drastically reduced to a loss of $352 million in 2021. By 2022, the company returned to profitability with a net income of $1,893 million, followed by a strong increase to $4,792 million in 2023. However, in 2024, net income declined to $2,648 million, indicating some degree of volatility or possibly higher expenses impacting earnings despite maintaining profitability.

Total Assets

Total assets increased consistently throughout the period. From $10,491 million in 2020, assets grew each year, reaching $20,959 million in 2024. This near doubling of asset base over five years suggests ongoing investment in resources or acquisitions, implying expansion or strengthening of the asset structure.

Return on Assets (ROA)

The ROA percentage mirrored the trend seen in net income, with a very negative ROA of -43.7% in 2020 reflecting heavy losses relative to assets. There was substantial improvement to -2.57% in 2021, followed by positive returns of 11.8% in 2022 and 23.21% in 2023, indicating increasing efficiency in generating earnings from assets. In 2024, ROA decreased to 12.63%, aligning with the reduction in net income and suggesting a moderation in asset utilization efficiency.