Shares of Airbnb Inc. (NASDAQ: ABNB) rose 1.01% following the release of data showing growth in bookings and profits. The world’s largest home rental platform reported a 10.4% year-over-year increase in Nights and Experiences Booked, opening new cross-selling opportunities and product expansion.

Earnings per share have grown at an average annual rate of 49.4% over the past three years, and strong free cash flow enables the company to invest in development or conduct share buybacks.

The latest share price was $125.15, corresponding to a forward EV/EBITDA multiple of 18.6. The company’s market capitalization stands at $77.31 billion.

Amid macroeconomic uncertainty, Airbnb remains an attractive asset for investors seeking large-cap companies with solid fundamentals.