Airbnb (ABNB) Return on Capital Employed [ROCE] (2021 - 2026)
Airbnb's Return on Capital Employed [ROCE] came in at 28.23% for Q2 2026, down 7.91 percentage points from 36.14% a year earlier and down 3.56 percentage points from the prior quarter.
Airbnb (ABNB) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Airbnb's Return on Capital Employed [ROCE] was 32.06%, up 8.07 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a four-year change of +24.59 percentage points (FY2021 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 23.99% in FY2024 (+5.90 pp), 18.09% in FY2023 (-8.05 pp), 26.13% in FY2022 (+18.66 pp) and 7.47% in FY2021.
- The five-year range for quarterly Return on Capital Employed [ROCE] is -34.44% (Q3 2021) to 39.67% (Q1 2025).
- Year-over-year, Return on Capital Employed [ROCE] increased in five of the last eight quarters, with an average year-over-year change of +5.48 percentage points.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q1 2022 (a gain of 92.16 percentage points), and the weakest in Q1 2024 (a drop of 11.77 percentage points).
- Business Quant data shows ABNB's Return on Capital Employed [ROCE] at 31.79% (Q1 2026), 28.31% (Q4 2025) and 24.62% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 18.96% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 19.78% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 33.64% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 2.15% |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 15.96% |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 13.04% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 85.44% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 20.03% |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 96.01% |
| 10 | Airbnb | 112.17 Bn | 64.49 Bn | 4.22 Bn | 21.78% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.78% |
| Jun 30, 2026 | 28.23% |
| 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% |
Airbnb Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ABNB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ABNB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ABNB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();