Airbnb (Airbnb) ROCE % : -11.19% (As of Dec. 2023)

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What is Airbnb ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Airbnb's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.19%.

Airbnb ROCE % Historical Data

The historical data trend for Airbnb's ROCE % 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.

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Airbnb ROCE % Chart

Airbnb Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-13.50

-107.03

2.17

26.13

23.30

Airbnb Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															17.32	6.76	35.29	70.27	-11.19

Airbnb ROCE % Calculation

Airbnb's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	2185	/	( ( (16038 - 7978)	+	(20645 - 9950) )	/ 2 )
	=	2185	/	( (8060	+	10695)	/ 2 )
	=	2185	/	9377.5
	=	23.30 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-1248	/	( ( (21439 - 9821)	+	(20645 - 9950) )	/ 2 )
	=	-1248	/	( ( 11618	+	10695 )	/ 2 )
	=	-1248	/	11156.5
	=	-11.19 %

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

Airbnb (NAS:ABNB) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Airbnb ROCE % Related Terms

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Airbnb (Airbnb) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Airbnb Inc (NAS:ABNB) » Definitions » ROCE %

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Address

888 Brannan Street, San Francisco, CA, USA, 94103

Website

https://www.airbnb.com

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