Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
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), 10-K (reporting date: 2019-12-31).
Item | Description | The company |
---|---|---|
EBITDA | To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital. | Uber Technologies Inc. EBITDA decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level. |
Enterprise Value to EBITDA Ratio, Current
Selected Financial Data (US$ in millions) | |
Enterprise value (EV) | 139,616) |
Earnings before interest, tax, depreciation and amortization (EBITDA) | 3,825) |
Valuation Ratio | |
EV/EBITDA | 36.50 |
Benchmarks | |
EV/EBITDA, Competitors1 | |
FedEx Corp. | 7.47 |
Union Pacific Corp. | 15.15 |
United Airlines Holdings Inc. | 4.20 |
United Parcel Service Inc. | 11.20 |
EV/EBITDA, Sector | |
Transportation | 12.29 |
EV/EBITDA, Industry | |
Industrials | 15.14 |
Based on: 10-K (reporting date: 2023-12-31).
1 Click competitor name to see calculations.
If the company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.
Otherwise, if the company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.
Enterprise Value to EBITDA Ratio, Historical
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | ||||||
Enterprise value (EV)1 | 173,535) | 74,173) | 73,450) | 102,592) | 51,938) | |
Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 3,825) | (7,807) | 323) | (5,947) | (7,436) | |
Valuation Ratio | ||||||
EV/EBITDA3 | 45.37 | — | 227.40 | — | — | |
Benchmarks | ||||||
EV/EBITDA, Competitors4 | ||||||
FedEx Corp. | 7.59 | 7.33 | 8.22 | 10.09 | 12.96 | |
Union Pacific Corp. | 15.44 | 12.56 | 15.46 | 15.65 | 13.73 | |
United Airlines Holdings Inc. | 3.81 | 6.05 | 20.34 | — | 4.00 | |
United Parcel Service Inc. | 11.23 | 8.83 | 9.55 | 30.22 | 12.80 | |
EV/EBITDA, Sector | ||||||
Transportation | 13.07 | 13.06 | 12.69 | 50.30 | 16.93 | |
EV/EBITDA, Industry | ||||||
Industrials | 14.80 | 16.43 | 16.28 | 30.77 | 16.43 |
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), 10-K (reporting date: 2019-12-31).
3 2023 Calculation
EV/EBITDA = EV ÷ EBITDA
= 173,535 ÷ 3,825 = 45.37
4 Click competitor name to see calculations.