Stock Analysis on Net

Airbnb Inc. (NASDAQ:ABNB)

$24.99

Total Asset Turnover
since 2020

Microsoft Excel

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Calculation

Airbnb Inc., total asset turnover, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

1 US$ in millions


Revenue Trends
There is a consistent and significant increase in revenue over the five-year period. Starting at $3,378 million in 2020, revenue nearly doubled by 2021 to $5,992 million. The growth continued with 2022 seeing a revenue of $8,399 million, followed by $9,917 million in 2023, and reaching $11,102 million in 2024. This indicates strong sales growth year-over-year.
Total Assets Trends
Total assets also show a rising trend from $10,491 million in 2020 to $13,708 million in 2021, then $16,038 million in 2022. There is a notable increase to $20,645 million in 2023. However, growth slowed slightly in 2024, with total assets reaching $20,959 million, indicating a plateau in asset expansion towards the end of the period.
Total Asset Turnover Trends
Total asset turnover, which measures how efficiently assets generate revenue, generally improved over the period with some fluctuations. It increased from 0.32 in 2020 to 0.44 in 2021, further rising to 0.52 in 2022. It then declined slightly to 0.48 in 2023 before climbing again to 0.53 in 2024. This suggests overall enhanced efficiency in utilizing assets to generate revenue, despite minor variability.
Overall Insights
The company demonstrates robust revenue growth supported by an increase in asset base, although asset growth appears to stabilize towards the end of the period. Improved total asset turnover reflects a positive trend in operational efficiency, meaning the company is generating more revenue per unit of asset over time. The slight fluctuation in turnover ratios suggests some operational challenges or strategic adjustments in 2023, but the subsequent recovery indicates strong management focus on asset utilization.

Comparison to Competitors

Airbnb Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Comparison to Sector (Consumer Services)

Airbnb Inc., total asset turnover, long-term trends, comparison to sector (consumer services)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).


Comparison to Industry (Consumer Discretionary)

Airbnb Inc., total asset turnover, long-term trends, comparison to industry (consumer discretionary)

Microsoft Excel

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).