Stock Analysis on Net

Uber Technologies Inc. (NYSE:UBER)

Enterprise Value to EBITDA (EV/EBITDA)

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Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)

Uber Technologies Inc., EBITDA calculation

US$ in millions

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12 months ended: Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income (loss) attributable to Uber Technologies, Inc. 9,856 1,887 (9,141) (496) (6,768)
Add: Net income attributable to noncontrolling interest (11) 269 3 (74) (20)
Add: Income tax expense (5,758) 213 (181) (492) (192)
Earnings before tax (EBT) 4,087 2,369 (9,319) (1,062) (6,980)
Add: Interest expense 523 633 565 483 458
Earnings before interest and tax (EBIT) 4,610 3,002 (8,754) (579) (6,522)
Add: Depreciation and amortization 737 823 947 902 575
Earnings before interest, tax, depreciation and amortization (EBITDA) 5,347 3,825 (7,807) 323 (5,947)

Based on: 10-K (reporting date: 2024-12-31), 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).

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 increased from 2022 to 2023 and from 2023 to 2024.

Enterprise Value to EBITDA Ratio, Current

Uber Technologies Inc., current EV/EBITDA calculation, comparison to benchmarks

Microsoft Excel
Selected Financial Data (US$ in millions)
Enterprise value (EV) 172,863
Earnings before interest, tax, depreciation and amortization (EBITDA) 5,347
Valuation Ratio
EV/EBITDA 32.33
Benchmarks
EV/EBITDA, Competitors1
FedEx Corp. 7.21
Union Pacific Corp. 14.43
United Airlines Holdings Inc. 6.21
United Parcel Service Inc. 9.09
EV/EBITDA, Sector
Transportation 12.86
EV/EBITDA, Industry
Industrials 16.44

Based on: 10-K (reporting date: 2024-12-31).

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

Uber Technologies Inc., historical EV/EBITDA calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Enterprise value (EV)1 169,019 173,535 74,173 73,450 102,592
Earnings before interest, tax, depreciation and amortization (EBITDA)2 5,347 3,825 (7,807) 323 (5,947)
Valuation Ratio
EV/EBITDA3 31.61 45.37 227.40
Benchmarks
EV/EBITDA, Competitors4
FedEx Corp. 8.12 7.59 7.33 8.22 10.09
Union Pacific Corp. 14.16 15.44 12.56 15.46 15.65
United Airlines Holdings Inc. 3.81 6.05 20.34
United Parcel Service Inc. 11.23 8.83 9.55 30.22
EV/EBITDA, Sector
Transportation 13.07 13.06 12.69 50.30
EV/EBITDA, Industry
Industrials 14.99 16.55 16.42 30.48

Based on: 10-K (reporting date: 2024-12-31), 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 See details »

2 See details »

3 2024 Calculation
EV/EBITDA = EV ÷ EBITDA
= 169,019 ÷ 5,347 = 31.61

4 Click competitor name to see calculations.