Airbnb (XSWX:ABNB1) Return-on-Tangible-Asset: 2.68% (As of Mar. 2026) — 55% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:ABNB1 Airbnb Inc XSWX:ABNB1
86 GF Score
Price CHF120.66
GF Value CHF140.73
! 5 Warning Signs
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What is Airbnb Return-on-Tangible-Asset?

Airbnb XSWX:ABNB1 +1.89% 86 Return-on-Tangible-Asset is 2.68% as of Mar. 2026, which is 55% below its 10-year median of 5.90. GuruFocus rates XSWX:ABNB1 with a GF Score™ of 86/100 and a GF Value™ of CHF140.73. The stock has 5 warning signs investors should review. Among 855 Travel & Leisure companies, Airbnb ranks better than 84.91% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Airbnb's annualized Net Income for the quarter that ended in Mar. 2026 was CHF504 Mil. Airbnb's average total tangible assets for the quarter that ended in Mar. 2026 was CHF18,801 Mil. Therefore, Airbnb's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.68%.

The historical rank and industry rank for Airbnb's Return-on-Tangible-Asset or its related term are showing as below:

XSWX:ABNB1' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -52.96   Med: 5.9   Max: 27.22
Current: 10.46

During the past 9 years, Airbnb's highest Return-on-Tangible-Asset was 27.22%. The lowest was -52.96%. And the median was 5.90%.

XSWX:ABNB1's Return-on-Tangible-Asset is ranked better than
84.91% of 855 companies
in the Travel & Leisure industry
Industry Median: 2.73 vs XSWX:ABNB1: 10.46

Airbnb  (XSWX:ABNB1) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Airbnb Return-on-Tangible-Asset Related Terms


Airbnb Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Airbnb's Return-on-Tangible-Asset 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.

Airbnb Return-on-Tangible-Asset Chart

Airbnb Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only -3.14 13.42 26.33 13.43 11.41

Airbnb Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 2.76 9.76 22.40 6.24 2.68

XSWX:ABNB1 vs RCL, VIK, CCL: Return-on-Tangible-Asset Comparison

For the Travel Services subindustry, Airbnb's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Airbnb's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Airbnb's Return-on-Tangible-Asset falls into.


XSWX:ABNB1
86GF Score
Airbnb Inc XSWX:ABNB1
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Airbnb Return-on-Tangible-Asset Calculation

Airbnb's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2001.016/( (17994.271+17083.942)/ 2 )
=2001.016/17539.1065
=11.41 %

Airbnb's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=503.872/( (17083.942+20517.825)/ 2 )
=503.872/18800.8835
=2.68 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 2.68% mean?
Airbnb (XSWX:ABNB1) has a Return-on-Tangible-Asset of 2.68% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Airbnb and its competitors. This is 55% below median its historical median of 5.90. According to the industry distribution chart, Airbnb ranks #129 out of 855 companies in the Travel & Leisure industry, placing it in the top 15.1%.
Is Airbnb's Return-on-Tangible-Asset too high?
Airbnb's current Return-on-Tangible-Asset of 2.68% is 55% below median its 10-year median of 5.90. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.73. Airbnb's value of 2.68% is 1.8% below this industry median. Based on the distribution chart, Airbnb ranks #129 out of 855 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Airbnb has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Airbnb's Return-on-Tangible-Asset compare to RCL and VIK?
According to the Travel & Leisure industry distribution chart, Airbnb ranks #129 out of 855 companies for Return-on-Tangible-Asset. This places Airbnb in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.73. Airbnb's value of 2.68% is 1.8% below this benchmark. While the company's 10-year median is 5.90 vs. the industry median of 2.73, Airbnb has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.73, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airbnb's current Return-on-Tangible-Asset of 2.68% is 1.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Airbnb and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airbnb's current Return-on-Tangible-Asset is 2.68%, which is 55% below median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airbnb stock overvalued right now?
Airbnb (XSWX:ABNB1) has a current Return-on-Tangible-Asset of 2.68%. The stock's GF Value™ is CHF140.73, compared to a current price of CHF120.66 — trading 14.3% below its estimated fair value. The current Return-on-Tangible-Asset is 2.68%, which is 55% below median its 10-year median of 5.90 and 1.8% below the Travel & Leisure industry median of 2.73. Airbnb's overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Airbnb (XSWX:ABNB1), the current Return-on-Tangible-Asset is 2.68% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Airbnb (XSWX:ABNB1) Overvalued in 2026?

Based on GuruFocus' analysis, Airbnb stock appears to be undervalued. The current stock price of CHF120.66 is trading 14.3% below its estimated GF Value™ of CHF140.73.

Key valuation signals for XSWX:ABNB1:

  • Return-on-Tangible-Asset: 2.68% (55% below median its 10-year median of 5.90)
  • GF Value™: CHF140.73 vs. price of CHF120.66 (14.3% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 1.8% below the Travel & Leisure median (#129 of 855)

No single metric tells the full story. See the XSWX:ABNB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Airbnb Business Description

Address 888 Brannan Street, San Francisco, CA, USA, 94103
Airbnb is the world's largest online alternative accommodation travel agency; it also offers booking services for boutique hotels, experiences, and hotel-like services. Airbnb's platform offers over 9 million active accommodation listings. Listings from the company's 5 million-plus hosts are spread over almost every country in the world. In 2025, 42% of revenue was from North America, 39% from Europe, the Middle East, and Africa, 10% from Latin America, and 9% from Asia-Pacific. Transaction fees for online bookings account for all its revenue.
86GF Score

Get the complete analysis for XSWX:ABNB1

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF120.66
Price
CHF140.73
GF Value