Stock Analysis on Net

Uber Technologies Inc. (NYSE:UBER)

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

Uber Technologies Inc., current enterprise value calculation

Microsoft Excel
Current share price (P) $74.36
No. shares of common stock outstanding 2,105,709,325
US$ in millions
Common equity (market value)1 156,581
Add: Non-redeemable non-controlling interests (per books) 779
Total equity 157,360
Add: Current portion of long-term debt (per books) 25
Add: Finance leases liabilities, current (per books) 156
Add: Long-term debt, net of current portion (per books) 9,459
Add: Finance leases liabilities, non-current (per books) 322
Total equity and debt 167,322
Less: Cash and cash equivalents 4,680
Less: Short-term investments 727
Less: Restricted cash and cash equivalents 805
Enterprise value (EV) 161,110

Based on: 10-K (reporting date: 2023-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 74.36 × 2,105,709,325


Historical Enterprise Value (EV)

Uber Technologies Inc., EV calculation

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Share price1, 2 $81.39 $34.20 $34.87 $54.40 $32.85
No. shares of common stock outstanding1 2,076,497,400 2,009,907,175 1,954,464,088 1,858,167,579 1,723,775,076
US$ in millions
Common equity (market value)3 169,006 68,739 68,152 101,084 56,626
Add: Non-redeemable non-controlling interests (book value) 779 734 687 701 682
Total equity 169,785 69,473 68,839 101,785 57,308
Add: Current portion of long-term debt (book value) 25 27 27 27 27
Add: Finance leases liabilities, current (book value) 156 115 191 177 165
Add: Long-term debt, net of current portion (book value) 9,459 9,265 9,276 7,560 5,707
Add: Finance leases liabilities, non-current (book value) 322 284 43 120 143
Total equity and debt 179,747 79,164 78,376 109,669 63,350
Less: Cash and cash equivalents 4,680 4,208 4,295 5,647 10,873
Less: Short-term investments 727 103 1,180 440
Less: Restricted cash and cash equivalents 805 680 631 250 99
Enterprise value (EV) 173,535 74,173 73,450 102,592 51,938

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 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Uber Technologies Inc. Annual Report.

3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 81.39 × 2,076,497,400

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Uber Technologies Inc. EV increased from 2021 to 2022 and from 2022 to 2023.