Airbnb Inc - Class A logo

ABNB

Airbnb Inc - Class A

$121.79

Earnings Summary

Revenue
$2104.11Mn
Net Profits
$378.84Mn
Net Profit Margins
18%
PE Ratio
61.17

Highlights

Revenue:

Airbnb Inc - Class A’s revenue jumped 57.59% since last year same period to $2104.11Mn in the Q2 2022. On a quarterly growth basis, Airbnb Inc - Class A has generated 39.44% jump in its revenue since last 3-months.

Net Profits:

Airbnb Inc - Class A’s net profit jumped 655.35% since last year same period to $378.84Mn in the Q2 2022. On a quarterly growth basis, Airbnb Inc - Class A has generated 2115.97% jump in its net profits since last 3-months.

Net Profit Margins:

Airbnb Inc - Class A’s net profit margin jumped 452.4% since last year same period to 18% in the Q2 2022. On a quarterly growth basis, Airbnb Inc - Class A has generated 1545.73% jump in its net profit margins since last 3-months.

PE Ratio:

Airbnb Inc - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 61.17.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Airbnb Inc - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.43
EPS Estimate Current Year
0.43

Highlights

EPS Estimate Current Quarter:

Airbnb Inc - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.43 - a 248.28% jump from last quarter’s estimates.

EPS Estimate Current Year:

Airbnb Inc - Class A’s earning per share (EPS) estimates for the current year stand at 0.43.

Key Ratios

Key ratios of the Airbnb Inc - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
0.56
Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.29
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Airbnb Inc - Class A’s earning per share (EPS) jumped 609.09% since last year same period to 0.56 in the Q2 2022. This indicates that the Airbnb Inc - Class A has generated 609.09% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Airbnb Inc - Class A’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Airbnb Inc - Class A’s return on equity (ROE) stands at 0.29.

Dividend Per Share (DPS):

Airbnb Inc - Class A declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
-0.29
-0.03
89.66%
2022-06-30
0.43
0.56
30.23%

Company Information

An online global industry for people looking for homestays during vacations and tourism activities, the company was founded in California in 2008, by Brian Chesky, Nathan Blecharczyk and Joe Gebbia. This was formerly known as AirbedAndBreakfast. Both individuals who want to rent their properties and hospitality professionals can list their properties, luxury villas, cabins, treehouses etc. through the website or through the mobile application. It started as three friends renting air mattresses to make extra money, and eventually turned into one of the top listing companies with over 10 million guests and 550,000 listings. Today, this company is worth around $31 billion. In 2020, the founders also announced their plans to make the company public. The major growth for the company occured when it raised $600,000 from Sequoia Capital in 2009. By 2011, Airbnb had 1 million bookings in 89 countries. In 2011, the company also won the breakout mobile app award at SXSW. All this led to the startup gaining the attention of the biggest venture capital firms. Their investment was around $112 million, which gave the company its Unicorn status in Silicon Valley. The company did face some legal battles and regulations wrath due to multiple fines and evictions of people. The company spent $8 million to limit Airbnb rentals and decided to transform itself. It wanted to build the company's belong anywhere promise. Some strategic acquisitions of Airbnb have been “CrashPadder” for international listings in 2012, “Luxury Retreats” for luxury accommodations in 2017 and “HotelTonight” for last-minute reservations, and “Urbandoor” for corporate clients, in 2019. In addition, it opened “Airbnb Experiences” to enjoy unique experiences hosted by the locals, “Nildo” to optimize home sharing, and “Airbnb Plus”, which verifies homes for comfort and quality. The company has recently upgraded its services to offer more flexible travel and destinations. Both guests and hosts can expect more personalized services and world-class services from the company. Currently Airbnb Inc - Class A has a market cap of $74.56 Billion. It has a P.E ratio of 90.41. The shares of Airbnb Inc - Class A are trading at $115.72. .

Organisation
Airbnb Inc - Class A
Headquarters
San Francisco, California, US
Employees
5.6K
CEO
Brian Chesky