Airbnb (ABNB) Return on Capital Employed (2021 - 2026)
Airbnb's (ABNB) quarterly Return on Capital Employed came in at 31.79% in Q1 2026, down 788.0% year-on-year from 4.62% in Q1 2025, and up 12.3% quarter-over-quarter from 28.31% in Q4 2025.
Airbnb (ABNB) Return on Capital Employed (2021 - 2026) Analysis & Trends
Airbnb's Return on Capital Employed history runs 6 years deep, the most recent figure standing at 31.79% for Q1 2026.
- On a quarterly basis, Return on Capital Employed fell 788.0% year-over-year to 31.79% in Q1 2026; TTM through Mar 2026 was 31.79%, a 788.0% decrease from a year earlier, with the FY2025 full-year figure at 32.06%, up 807.0% from the prior year.
- Return on Capital Employed advanced to 31.79% in Q1 2026 per ABNB's latest filing, from 28.31% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 39.67% in Q1 2025 and bottomed at 12.6% in Q3 2024.
- The 5-year median for Return on Capital Employed is 22.3% (2022), against an average of 23.39%.
- Across the five-year window, Return on Capital Employed jumped 9216 bps in 2022 and slumped 1177 bps in 2024, its largest moves.
- Year by year, Return on Capital Employed stood at 22.3% in 2022, then sank by 39 bps to 13.69% in 2023, then soared by 64 bps to 22.39% in 2024, then rose by 26 bps to 28.31% in 2025, then climbed by 12 bps to 31.79% in 2026.
- Per Business Quant, the three latest ABNB Return on Capital Employed figures stand at 31.79% (Q1 2026), 28.31% (Q4 2025), and 24.62% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 104.07% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 16.68% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 31.79% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -1.24% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 54.76% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 11.61% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 35.97% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 9.40% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 10.65% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 2.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.79% |
| Dec 31, 2025 | 28.31% |
| Sep 30, 2025 | 24.62% |
| Jun 30, 2025 | 36.14% |
| Mar 31, 2025 | 39.67% |
| Dec 31, 2024 | 22.39% |
| Sep 30, 2024 | 12.60% |
| Jun 30, 2024 | 16.64% |
| Mar 31, 2024 | 19.21% |
| Dec 31, 2023 | 13.69% |
| Sep 30, 2023 | 19.57% |
| Jun 30, 2023 | 28.03% |
| Mar 31, 2023 | 30.98% |
| Dec 31, 2022 | 22.30% |
| Sep 30, 2022 | 17.19% |
| Jun 30, 2022 | 19.05% |
| Mar 31, 2022 | 15.51% |
| Dec 31, 2021 | 5.89% |
| Sep 30, 2021 | -34.44% |
| Jun 30, 2021 | -72.01% |