Analysis of Geographic Areas
Airbnb Inc. operates in 2 regions: United States and International.
Area Asset Turnover
Airbnb Inc., asset turnover by geographic area
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|
| United States | 18.73 | 19.16 | 9.07 | 3.08 |
| International | 112.54 | 80.52 | 30.49 | 14.54 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
| International | International area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: United States
Airbnb Inc.; United States; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||
| Revenue | 4,290) | 3,890) | 2,996) | 1,649) |
| Long-lived assets | 229) | 203) | 330) | 535) |
| Area Activity Ratio | ||||
| Area asset turnover1 | 18.73 | 19.16 | 9.07 | 3.08 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2023 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 4,290 ÷ 229 = 18.73
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023. |
Area Asset Turnover: International
Airbnb Inc.; International; area asset turnover calculation
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||
| Revenue | 5,627) | 4,509) | 2,995) | 1,730) |
| Long-lived assets | 50) | 56) | 98) | 119) |
| Area Activity Ratio | ||||
| Area asset turnover1 | 112.54 | 80.52 | 30.49 | 14.54 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2023 Calculation
Area asset turnover = Revenue ÷ Long-lived assets
= 5,627 ÷ 50 = 112.54
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | International | International area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Revenue
Airbnb Inc., revenue by geographic area
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|
| United States | 4,290) | 3,890) | 2,996) | 1,649) |
| International | 5,627) | 4,509) | 2,995) | 1,730) |
| Total | 9,917) | 8,399) | 5,992) | 3,378) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Long-lived assets
Airbnb Inc., long-lived assets by geographic area
US$ in millions
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|
| United States | 229) | 203) | 330) | 535) |
| International | 50) | 56) | 98) | 119) |
| Total | 279) | 259) | 429) | 654) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).