Airbnb (ABNB) Return on Invested Capital [ROIC] (2021 - 2026)
Airbnb's Return on Invested Capital [ROIC] came in at 21.49% for Q2 2026, up 0.53 percentage points from 20.97% a year earlier and up 1.69 percentage points from the prior quarter.
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Analysis
Airbnb (ABNB) Return on Invested Capital [ROIC] (2021 - 2026) Analysis & Trends
For FY2025, Airbnb's Return on Invested Capital [ROIC] was 19.77%, up 0.03 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a four-year change of +12.29 percentage points (FY2021 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 19.74% in FY2024 (+2.59 pp), 17.15% in FY2023 (-6.83 pp), 23.98% in FY2022 (+16.50 pp) and 7.48% in FY2021.
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q3 2023.
- Year-over-year, Return on Invested Capital [ROIC] has increased for seven consecutive quarters, with an average year-over-year change of +1.29 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2022 (a gain of 86.37 percentage points), and the weakest in Q3 2024 (a drop of 12.50 percentage points).
- Business Quant data shows ABNB's Return on Invested Capital [ROIC] at 19.80% (Q1 2026), 19.57% (Q4 2025) and 20.74% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 16.69% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 21.70% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 29.22% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 2.39% |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | - |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 12.36% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 74.11% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | - |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 75.14% |
| 10 | Airbnb | 112.17 Bn | 64.49 Bn | 4.22 Bn | 24.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.45% |
| Jun 30, 2026 | 21.49% |
| Mar 31, 2026 | 19.80% |
| Dec 31, 2025 | 19.57% |
| Sep 30, 2025 | 20.74% |
| Jun 30, 2025 | 20.97% |
| Mar 31, 2025 | 19.35% |
| Dec 31, 2024 | 19.43% |
| Sep 30, 2024 | 12.26% |
| Jun 30, 2024 | 16.07% |
| Mar 31, 2024 | 16.20% |
| Dec 31, 2023 | 14.27% |
| Sep 30, 2023 | 24.75% |
| Jun 30, 2023 | 25.91% |
| Mar 31, 2023 | 23.17% |
| Dec 31, 2022 | 22.76% |
| Sep 30, 2022 | 21.11% |
| Jun 30, 2022 | 17.81% |
| Mar 31, 2022 | 12.07% |
| Dec 31, 2021 | 6.51% |
API Access
Airbnb Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=ABNB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=ABNB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();