Airbnb (ABNB) Return on Capital Employed (2021 - 2026)

Airbnb (ABNB) recorded quarterly Return on Capital Employed of 31.79% in Q1 2026, up 12.3% quarter-over-quarter from 28.31% in Q4 2025, and down 788.0% on a YoY basis from 4.62% in Q1 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.

  • In Q1 2026, Return on Capital Employed fell 788.0% year-over-year to 31.79%; the TTM figure through Mar 2026 stood at 31.79% (down 788.0% YoY), while the FY2025 annual figure was 32.06%, up 807.0% from the prior year.
  • Return on Capital Employed was 31.79% for Q1 2026 at Airbnb, up from 28.31% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 39.67% in Q1 2025 to a low of 12.6% in Q3 2024.
  • Historically, Return on Capital Employed has averaged 23.39% across 5 years, with a median of 22.3% in 2022.
  • The sharpest annual moves came in 2022 and 2024: Return on Capital Employed surged 9216 bps in 2022, then slumped 1177 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 22.3% in 2022, then tumbled 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.
  • The last three Return on Capital Employed figures came in at 31.79% (Q1 2026), 28.31% (Q4 2025), and 24.62% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 104.07%
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 31.79%
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 16.68%
4 Carnival 37.80 Bn 36.39 Bn - 11.60%
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 35.97%
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 0.57%
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 2.23%
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 8.24%
10 MakeMyTrip 2.12 Bn 1.35 Bn - 10.65%

Historic Data

Download Data
DateValue
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%