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Airbnb (Airbnb) EBIT : $2,185 Mil (TTM As of Dec. 2023)


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What is Airbnb EBIT?

Airbnb's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $-312 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $2,185 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Airbnb's annualized ROC % for the quarter that ended in Dec. 2023 was -27.68%. Airbnb's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -454.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Airbnb's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.29%.


Airbnb EBIT Historical Data

The historical data trend for Airbnb's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Airbnb EBIT Chart

Airbnb Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial -401.74 -4,510.25 138.00 2,013.00 2,185.00

Airbnb Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 349.00 134.00 678.00 1,685.00 -312.00

Competitive Comparison of Airbnb's EBIT

For the Travel Services subindustry, Airbnb's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Airbnb's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Airbnb's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Airbnb's EV-to-EBIT falls into.



Airbnb EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,185 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Airbnb  (NAS:ABNB) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Airbnb's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-1984 * ( 1 - 8.88% )/( (7000 + 6060)/ 2 )
=-1807.8208/6530
=-27.68 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Airbnb's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1248/( ( (270 + max(-9192, 0)) + (279 + max(-9320, 0)) )/ 2 )
=-1248/( ( 270 + 279 )/ 2 )
=-1248/274.5
=-454.64 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(206 + 0 + 369) - (6737 + 1866 + 1164)
=-9192

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(249 + 0 + 320) - (8026 + 1427 + 436)
=-9320

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Airbnb's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=2185/95315.625
=2.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Airbnb EBIT Related Terms

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Airbnb (Airbnb) Business Description

Address
888 Brannan Street, San Francisco, CA, USA, 94103
Started in 2008, Airbnb is the world's largest online alternative accommodation travel agency, also offering booking services for boutique hotels and experiences. Airbnb's platform offered over 7 million active accommodation listings as of Sept. 30, 2023. Listings from the company's over 4 million hosts are spread over almost every country in the world. In the fourth quarter of 2022, 47% of revenue was from the North American region. Transaction fees for online bookings account for all its revenue.
Executives
Brian Chesky director, 10 percent owner, officer: CEO and Chairman C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103
Nathan Blecharczyk director, 10 percent owner, officer: Chief Strategy Officer C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103
Aristotle N Balogh officer: Chief Technology Officer C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
Jeffrey D Jordan director 2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Dave Stephenson officer: Chief Financial Officer C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103
Joseph Gebbia director, 10 percent owner, officer: Chairman - Samara & Airbnb.org C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103
David C Bernstein officer: Chief Accounting Officer 601 TOWNSEND ST, SAN FRANCISCO CA 94103
Catherine C Powell officer: Global Head of Hosting PINEVILLE GENERAL OFFICE, 2030 DONAHUE FERRY RD PO BOX 5000, PINEVILLE LA 71361-5000
James Manyika director C/O AIRBNB, INC., 888 BRANNAN STREET, SAN FRANCISCO CA 94103
Alfred Lin director, 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Belinda J. Johnson director 394 PACIFIC AVENUE, FLOOR 2, SAN FRANCISCO CA 94111
Sequoia Capital Fund, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Fund Feeder, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Fund Management, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Fund Parallel, Llc 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025