Analysis of Profitability Ratios
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Uber Technologies Inc., profitability ratios
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).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Uber Technologies Inc. gross profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Uber Technologies Inc. operating profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Uber Technologies Inc. net profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Uber Technologies Inc. ROE deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Uber Technologies Inc. ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Gross Profit Margin
Uber Technologies Inc., gross profit margin calculation
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).
1 2023 Calculation
Gross profit margin = 100 × Gross profit ÷ Revenue
= 100 × 14,824 ÷ 37,281 = 39.76%
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Uber Technologies Inc. gross profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023. |
Operating Profit Margin
Uber Technologies Inc., operating profit margin calculation, comparison to benchmarks
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Income (loss) from operations | 1,110) | (1,832) | (3,834) | (4,863) | (8,596) | |
| Revenue | 37,281) | 31,877) | 17,455) | 11,139) | 14,147) | |
| Profitability Ratio | ||||||
| Operating profit margin1 | 2.98% | -5.75% | -21.97% | -43.66% | -60.76% | |
| Benchmarks | ||||||
| Operating Profit Margin, Competitors2 | ||||||
| FedEx Corp. | 5.45% | 6.68% | 6.98% | 3.49% | 6.41% | |
| Union Pacific Corp. | 37.65% | 39.87% | 42.83% | 40.11% | 39.40% | |
| United Parcel Service Inc. | 10.05% | 13.05% | 13.17% | 9.08% | 10.52% | |
| Operating Profit Margin, Sector | ||||||
| Transportation | 10.00% | 10.94% | 10.96% | 7.08% | 6.80% | |
| Operating Profit Margin, Industry | ||||||
| Industrials | 10.07% | 9.34% | 9.80% | 4.43% | 9.67% | |
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).
1 2023 Calculation
Operating profit margin = 100 × Income (loss) from operations ÷ Revenue
= 100 × 1,110 ÷ 37,281 = 2.98%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Uber Technologies Inc. operating profit margin ratio improved from 2021 to 2022 and from 2022 to 2023. |
Net Profit Margin
Uber Technologies Inc., net profit margin calculation, comparison to benchmarks
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net income (loss) attributable to Uber Technologies, Inc. | 1,887) | (9,141) | (496) | (6,768) | (8,506) | |
| Revenue | 37,281) | 31,877) | 17,455) | 11,139) | 14,147) | |
| Profitability Ratio | ||||||
| Net profit margin1 | 5.06% | -28.68% | -2.84% | -60.76% | -60.13% | |
| Benchmarks | ||||||
| Net Profit Margin, Competitors2 | ||||||
| FedEx Corp. | 4.41% | 4.09% | 6.23% | 1.86% | 0.77% | |
| Union Pacific Corp. | 26.45% | 28.13% | 29.92% | 27.38% | 27.27% | |
| United Parcel Service Inc. | 7.37% | 11.51% | 13.25% | 1.59% | 5.99% | |
| Net Profit Margin, Sector | ||||||
| Transportation | 7.81% | 5.28% | 10.95% | 0.66% | 1.33% | |
| Net Profit Margin, Industry | ||||||
| Industrials | 8.61% | 5.27% | 6.43% | 1.43% | 3.90% | |
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).
1 2023 Calculation
Net profit margin = 100 × Net income (loss) attributable to Uber Technologies, Inc. ÷ Revenue
= 100 × 1,887 ÷ 37,281 = 5.06%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Uber Technologies Inc. net profit margin ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Return on Equity (ROE)
Uber Technologies Inc., ROE calculation, comparison to benchmarks
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net income (loss) attributable to Uber Technologies, Inc. | 1,887) | (9,141) | (496) | (6,768) | (8,506) | |
| Total Uber Technologies, Inc. stockholders’ equity | 11,249) | 7,340) | 14,458) | 12,266) | 14,190) | |
| Profitability Ratio | ||||||
| ROE1 | 16.77% | -124.54% | -3.43% | -55.18% | -59.94% | |
| Benchmarks | ||||||
| ROE, Competitors2 | ||||||
| FedEx Corp. | 15.23% | 15.34% | 21.64% | 7.03% | 3.04% | |
| Union Pacific Corp. | 43.14% | 57.54% | 46.06% | 31.54% | 32.65% | |
| United Parcel Service Inc. | 38.76% | 58.36% | 90.44% | 204.41% | 135.90% | |
| ROE, Sector | ||||||
| Transportation | 27.29% | 20.60% | 36.02% | 2.51% | 4.49% | |
| ROE, Industry | ||||||
| Industrials | 27.68% | 15.53% | 16.58% | 3.94% | 13.76% | |
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).
1 2023 Calculation
ROE = 100 × Net income (loss) attributable to Uber Technologies, Inc. ÷ Total Uber Technologies, Inc. stockholders’ equity
= 100 × 1,887 ÷ 11,249 = 16.77%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Uber Technologies Inc. ROE deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Return on Assets (ROA)
Uber Technologies Inc., ROA calculation, comparison to benchmarks
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Net income (loss) attributable to Uber Technologies, Inc. | 1,887) | (9,141) | (496) | (6,768) | (8,506) | |
| Total assets | 38,699) | 32,109) | 38,774) | 33,252) | 31,761) | |
| Profitability Ratio | ||||||
| ROA1 | 4.88% | -28.47% | -1.28% | -20.35% | -26.78% | |
| Benchmarks | ||||||
| ROA, Competitors2 | ||||||
| FedEx Corp. | 4.56% | 4.45% | 6.32% | 1.75% | 0.99% | |
| Union Pacific Corp. | 9.50% | 10.69% | 10.27% | 8.57% | 9.60% | |
| United Parcel Service Inc. | 9.47% | 16.24% | 18.57% | 2.15% | 7.67% | |
| ROA, Sector | ||||||
| Transportation | 7.18% | 5.20% | 9.49% | 0.52% | 1.16% | |
| ROA, Industry | ||||||
| Industrials | 5.75% | 3.46% | 3.83% | 0.74% | 2.39% | |
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).
1 2023 Calculation
ROA = 100 × Net income (loss) attributable to Uber Technologies, Inc. ÷ Total assets
= 100 × 1,887 ÷ 38,699 = 4.88%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Uber Technologies Inc. ROA deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |