Stock Analysis on Net

Uber Technologies Inc. (NYSE:UBER)

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Microsoft Excel

Long-term Activity Ratios (Summary)

Uber Technologies Inc., long-term (investment) activity ratios (quarterly data)

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net fixed asset turnover 22.53 21.17 19.69 18.98 17.98 17.12 16.54 15.80 15.31 14.96 13.73 11.55 9.42 8.33 7.21 6.14 6.14
Net fixed asset turnover (including operating lease, right-of-use asset) 14.14 13.23 12.46 11.88 11.25 10.70 10.26 9.73 9.03 8.68 7.65 6.50 5.39 4.95 4.25 3.57 3.61
Total asset turnover 0.86 0.89 0.96 0.97 0.96 1.00 1.03 1.04 0.99 0.93 0.82 0.65 0.45 0.40 0.35 0.31 0.33
Equity turnover 2.04 2.84 3.24 3.49 3.31 3.84 4.04 4.51 4.34 4.65 3.84 2.40 1.21 1.07 0.90 0.79 0.91

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Uber Technologies Inc. net fixed asset turnover ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Uber Technologies Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Uber Technologies Inc. total asset turnover ratio deteriorated from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Uber Technologies Inc. equity turnover ratio deteriorated from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Net Fixed Asset Turnover

Uber Technologies Inc., net fixed asset turnover calculation (quarterly data)

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Selected Financial Data (US$ in millions)
Revenue 11,959 11,188 10,700 10,131 9,936 9,292 9,230 8,823 8,607 8,343 8,073 6,854 5,778 4,845 3,929 2,903 3,165 2,813 1,913 3,248
Property and equipment, net 1,952 1,982 2,034 2,033 2,073 2,100 2,116 2,142 2,082 1,942 1,861 1,853 1,853 1,781 1,776 1,757 1,814 1,883 1,846 1,851
Long-term Activity Ratio
Net fixed asset turnover1 22.53 21.17 19.69 18.98 17.98 17.12 16.54 15.80 15.31 14.96 13.73 11.55 9.42 8.33 7.21 6.14 6.14
Benchmarks
Net Fixed Asset Turnover, Competitors2
FedEx Corp. 2.11 2.11 2.12 2.15 2.22 2.32 2.37 2.44 2.45 2.45 2.41 2.37 2.35 2.25 2.16 2.09 2.06 2.09 2.13 2.20
Union Pacific Corp. 0.42 0.42 0.42 0.42 0.42 0.42 0.44 0.45 0.44 0.44 0.42 0.41 0.40 0.39 0.38 0.36 0.36
United Airlines Holdings Inc. 1.34 1.37 1.35 1.35 1.37 1.37 1.36 1.31 1.25 1.12 0.91 0.77 0.62 0.45 0.33 0.49 0.72 1.00 1.31
United Parcel Service Inc. 2.43 2.41 2.41 2.46 2.58 2.71 2.83 2.89 3.01 2.99 2.94 2.91 2.87 2.83 2.76 2.62 2.50 2.46 2.43

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

1 Q4 2024 Calculation
Net fixed asset turnover = (RevenueQ4 2024 + RevenueQ3 2024 + RevenueQ2 2024 + RevenueQ1 2024) ÷ Property and equipment, net
= (11,959 + 11,188 + 10,700 + 10,131) ÷ 1,952 = 22.53

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Uber Technologies Inc. net fixed asset turnover ratio improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

Uber Technologies Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Selected Financial Data (US$ in millions)
Revenue 11,959 11,188 10,700 10,131 9,936 9,292 9,230 8,823 8,607 8,343 8,073 6,854 5,778 4,845 3,929 2,903 3,165 2,813 1,913 3,248
 
Property and equipment, net 1,952 1,982 2,034 2,033 2,073 2,100 2,116 2,142 2,082 1,942 1,861 1,853 1,853 1,781 1,776 1,757 1,814 1,883 1,846 1,851
Operating lease right-of-use assets 1,158 1,190 1,181 1,216 1,241 1,259 1,295 1,335 1,449 1,405 1,481 1,439 1,388 1,218 1,238 1,267 1,274 1,327 1,441 1,589
Property and equipment, net (including operating lease, right-of-use asset) 3,110 3,172 3,215 3,249 3,314 3,359 3,411 3,477 3,531 3,347 3,342 3,292 3,241 2,999 3,014 3,024 3,088 3,210 3,287 3,440
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 14.14 13.23 12.46 11.88 11.25 10.70 10.26 9.73 9.03 8.68 7.65 6.50 5.39 4.95 4.25 3.57 3.61
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2
FedEx Corp. 1.50 1.50 1.50 1.51 1.55 1.62 1.65 1.69 1.71 1.70 1.68 1.67 1.64 1.58 1.51 1.47 1.46 1.47 1.49 1.53
Union Pacific Corp. 0.41 0.41 0.41 0.41 0.41 0.41 0.42 0.43 0.43 0.43 0.41 0.40 0.38 0.38 0.37 0.35 0.35
United Airlines Holdings Inc. 1.23 1.25 1.24 1.23 1.24 1.24 1.22 1.17 1.11 0.98 0.79 0.67 0.54 0.40 0.29 0.43 0.63 0.87 1.14
United Parcel Service Inc. 2.18 2.17 2.17 2.20 2.32 2.42 2.53 2.61 2.73 2.71 2.66 2.63 2.60 2.55 2.52 2.40 2.28 2.25 2.21

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

1 Q4 2024 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = (RevenueQ4 2024 + RevenueQ3 2024 + RevenueQ2 2024 + RevenueQ1 2024) ÷ Property and equipment, net (including operating lease, right-of-use asset)
= (11,959 + 11,188 + 10,700 + 10,131) ÷ 3,110 = 14.14

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Uber Technologies Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Total Asset Turnover

Uber Technologies Inc., total asset turnover calculation (quarterly data)

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Selected Financial Data (US$ in millions)
Revenue 11,959 11,188 10,700 10,131 9,936 9,292 9,230 8,823 8,607 8,343 8,073 6,854 5,778 4,845 3,929 2,903 3,165 2,813 1,913 3,248
Total assets 51,244 47,117 41,514 39,599 38,699 35,949 34,068 32,451 32,109 31,112 31,014 32,812 38,774 36,884 36,251 34,655 33,252 28,894 28,240 30,090
Long-term Activity Ratio
Total asset turnover1 0.86 0.89 0.96 0.97 0.96 1.00 1.03 1.04 0.99 0.93 0.82 0.65 0.45 0.40 0.35 0.31 0.33
Benchmarks
Total Asset Turnover, Competitors2
FedEx Corp. 1.01 1.02 1.00 1.01 1.03 1.08 1.10 1.10 1.09 1.09 1.06 1.06 1.01 0.95 0.92 0.92 0.94 1.00 0.99 1.02
Union Pacific Corp. 0.36 0.36 0.36 0.36 0.36 0.36 0.38 0.38 0.38 0.37 0.36 0.35 0.34 0.34 0.33 0.31 0.31
United Airlines Holdings Inc. 0.77 0.76 0.76 0.76 0.72 0.69 0.69 0.67 0.59 0.51 0.42 0.36 0.29 0.21 0.17 0.26 0.37 0.58 0.79
United Parcel Service Inc. 1.33 1.29 1.33 1.28 1.32 1.37 1.37 1.41 1.45 1.43 1.41 1.40 1.44 1.43 1.41 1.36 1.29 1.25 1.23

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

1 Q4 2024 Calculation
Total asset turnover = (RevenueQ4 2024 + RevenueQ3 2024 + RevenueQ2 2024 + RevenueQ1 2024) ÷ Total assets
= (11,959 + 11,188 + 10,700 + 10,131) ÷ 51,244 = 0.86

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Uber Technologies Inc. total asset turnover ratio deteriorated from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.

Equity Turnover

Uber Technologies Inc., equity turnover calculation (quarterly data)

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Selected Financial Data (US$ in millions)
Revenue 11,959 11,188 10,700 10,131 9,936 9,292 9,230 8,823 8,607 8,343 8,073 6,854 5,778 4,845 3,929 2,903 3,165 2,813 1,913 3,248
Total Uber Technologies, Inc. stockholders’ equity 21,558 14,780 12,350 11,058 11,249 9,358 8,664 7,508 7,340 6,247 6,661 8,916 14,458 13,931 14,175 13,598 12,266 8,942 9,550 11,342
Long-term Activity Ratio
Equity turnover1 2.04 2.84 3.24 3.49 3.31 3.84 4.04 4.51 4.34 4.65 3.84 2.40 1.21 1.07 0.90 0.79 0.91
Benchmarks
Equity Turnover, Competitors2
FedEx Corp. 3.18 3.32 3.29 3.34 3.46 3.74 3.90 3.77 3.75 3.74 3.59 3.56 3.47 3.58 3.55 3.67 3.78 3.70 3.71 3.84
Union Pacific Corp. 1.44 1.46 1.46 1.54 1.63 1.72 1.88 2.01 2.05 2.08 1.84 1.90 1.54 1.52 1.44 1.19 1.15
United Airlines Holdings Inc. 4.90 5.29 5.97 5.76 5.93 6.60 7.32 6.52 8.32 8.99 8.00 4.90 3.66 2.98 2.04 2.58 3.26 3.72 4.42
United Parcel Service Inc. 5.38 5.26 5.31 5.26 4.86 4.80 4.93 5.07 5.96 6.15 6.41 6.83 7.84 8.56 12.52 128.81 14.36 17.74 22.72

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

1 Q4 2024 Calculation
Equity turnover = (RevenueQ4 2024 + RevenueQ3 2024 + RevenueQ2 2024 + RevenueQ1 2024) ÷ Total Uber Technologies, Inc. stockholders’ equity
= (11,959 + 11,188 + 10,700 + 10,131) ÷ 21,558 = 2.04

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Uber Technologies Inc. equity turnover ratio deteriorated from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.