Financials Airbnb, Inc.

Equities

ABNB

US0090661010

Internet Services

Real-time Estimate Cboe BZX 01:26:25 2024-05-09 pm EDT 5-day change 1st Jan Change
147.7 USD -6.44% Intraday chart for Airbnb, Inc. -6.95% +8.22%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 87,089 104,254 54,137 87,256 100,319 - -
Enterprise Value (EV) 1 82,513 97,914 46,502 79,176 89,917 87,588 84,049
P/E ratio -9.11 x -292 x 30.6 x 18.8 x 35.3 x 31.7 x 27.5 x
Yield - - - - - - -
Capitalization / Revenue 25.8 x 17.4 x 6.45 x 8.8 x 9 x 8.06 x 7.18 x
EV / Revenue 24.4 x 16.3 x 5.54 x 7.98 x 8.06 x 7.03 x 6.02 x
EV / EBITDA -329 x 61.4 x 16 x 21.7 x 22.3 x 18.9 x 15.6 x
EV / FCF -124 x 45.2 x 13.7 x 20.6 x 24.1 x 18.9 x 15.6 x
FCF Yield -0.81% 2.21% 7.32% 4.85% 4.14% 5.3% 6.4%
Price to Book 30.3 x 21.5 x - 11 x 10.9 x 8.46 x 6.23 x
Nbr of stocks (in thousands) 593,248 626,189 633,177 640,926 635,332 - -
Reference price 2 146.8 166.5 85.50 136.1 157.9 157.9 157.9
Announcement Date 2/25/21 2/15/22 2/14/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,805 3,378 5,992 8,399 9,917 11,151 12,453 13,968
EBITDA 1 - -250.7 1,593 2,903 3,653 4,032 4,645 5,371
EBIT 1 - -3,379 429.3 1,802 1,518 2,677 3,188 3,872
Operating Margin - -100.01% 7.17% 21.45% 15.31% 24% 25.6% 27.72%
Earnings before Tax (EBT) 1 - -4,682 -300.2 1,989 2,102 3,435 3,830 4,547
Net income 1 - -4,585 -352 1,893 4,792 2,866 3,257 3,736
Net margin - -135.71% -5.88% 22.54% 48.32% 25.7% 26.15% 26.75%
EPS 2 -5.180 -16.12 -0.5700 2.790 7.240 4.479 4.985 5.745
Free Cash Flow 1 - -667.1 2,164 3,405 3,837 3,727 4,643 5,381
FCF margin - -19.75% 36.12% 40.54% 38.69% 33.42% 37.29% 38.52%
FCF Conversion (EBITDA) - - 135.83% 117.28% 105.04% 92.42% 99.97% 100.19%
FCF Conversion (Net income) - - - 179.87% 80.07% 130.02% 142.57% 144.04%
Dividend per Share 2 - - - - - - - -
Announcement Date 8/19/20 2/25/21 2/15/22 2/14/23 2/13/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,532 1,509 2,104 2,884 1,902 1,818 2,484 3,397 2,218 2,142 2,738 3,826 2,486 2,343 3,102
EBITDA 1 333.4 229.1 711.2 1,457 506 262 819 1,834 738 424 867 2,008 782.9 412.1 1,048
EBIT 1 75.57 -5.131 368.8 1,203 235 -5 523 1,496 -496 101 505.8 1,662 431.5 55.34 698.6
Operating Margin 4.93% -0.34% 17.53% 41.72% 12.36% -0.28% 21.05% 44.04% -22.36% 4.72% 18.47% 43.43% 17.36% 2.36% 22.52%
Earnings before Tax (EBT) 1 72.22 -8.086 383.1 1,270 344 130 676 1,679 -383 293 704.9 1,827 603.9 198.2 813.2
Net income 1 54.5 -18.79 378.8 1,214 319 117 650 4,374 -349 264 611.4 1,592 524.8 181.2 729.9
Net margin 3.56% -1.25% 18% 42.1% 16.77% 6.44% 26.17% 128.76% -15.73% 12.32% 22.32% 41.62% 21.11% 7.74% 23.53%
EPS 2 0.0800 -0.0300 0.5600 1.790 0.4800 0.1800 0.9800 6.630 -0.5500 0.4100 0.9382 2.425 0.8007 0.2766 1.112
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 2/15/22 5/3/22 8/2/22 11/1/22 2/14/23 5/9/23 8/3/23 11/1/23 2/13/24 5/8/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - 4,576 6,340 7,635 8,080 10,402 12,730 16,270
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - -667 2,164 3,405 3,837 3,727 4,643 5,381
ROE (net income / shareholders' equity) - -438% -9.17% 36.6% 69.8% 34.8% 32% 27.5%
ROA (Net income/ Total Assets) - -48.8% -2.91% 12.7% 26.1% 14.2% 14.3% 12.1%
Assets 1 - 9,401 12,100 14,873 18,342 20,194 22,758 30,874
Book Value Per Share 2 - 4.840 7.750 - 12.30 14.50 18.70 25.40
Cash Flow per Share 2 - -2.210 3.560 5.040 5.870 5.820 7.030 6.690
Capex 1 - 37.4 25.3 25 47 57.8 66.4 78.4
Capex / Sales - 1.11% 0.42% 0.3% 0.47% 0.52% 0.53% 0.56%
Announcement Date 8/19/20 2/25/21 2/15/22 2/14/23 2/13/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
43
Last Close Price
157.9 USD
Average target price
151.7 USD
Spread / Average Target
-3.90%
Consensus
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