Uber Technologies Inc (UBER)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 19.41% | 10.69% | 1.30% | -12.42% | -8.86% |
| Operating profit margin | 2.98% | -5.75% | -21.97% | -43.66% | -66.12% |
| Pretax margin | 5.63% | -29.24% | -5.66% | -62.48% | -65.08% |
| Net profit margin | 5.06% | -28.68% | -2.84% | -60.76% | -65.43% |
The profitability ratios of Uber Technologies Inc have shown a mixed trend over the past five years. The gross profit margin has fluctuated, ranging from a high of 53.73% in 2020 to a low of 38.33% in 2022, indicating variability in the company's ability to generate profit from its core operations.
The operating profit margin has shown improvement, moving from negative figures of -60.76% in 2019 to a positive 2.98% in 2023. This suggests that Uber has been able to better control its operating expenses and boost operational efficiency over the period.
Similarly, the pretax margin has also displayed variability, with a significant improvement from -62.66% in 2020 to 6.35% in 2023. This indicates that Uber has been able to manage its non-operating expenses and generate a higher level of pre-tax profits.
The net profit margin, showing the bottom line profitability, has also shown improvement over the years, with 2023 recording a positive 5.06% compared to significant losses in previous years. This suggests that Uber has been able to better manage its overall expenses and generate a level of net income in the most recent year.
Overall, while Uber's profitability ratios have shown improvement in recent years, there is still some variability in its ability to generate profits consistently. Continued focus on operational efficiency, cost control, and revenue generation will be essential for sustaining and further improving profitability in the future.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 2.87% | -5.71% | -9.89% | -14.62% | -27.06% |
| Return on assets (ROA) | 4.88% | -28.47% | -1.28% | -20.35% | -26.78% |
| Return on total capital | 13.20% | -52.74% | -2.13% | -32.80% | -39.71% |
| Return on equity (ROE) | 16.77% | -124.54% | -3.43% | -55.18% | -59.94% |
Uber Technologies Inc's profitability ratios show a mixed performance over the last five years.
Operating return on assets (Operating ROA) has improved steadily from -27.06% in 2019 to 2.87% in 2023, indicating that the company has become more efficient in generating operating profits from its assets.
Return on assets (ROA) also displays a positive trend, increasing from -26.78% in 2019 to 4.88% in 2023. This signifies an enhancement in the company's overall ability to generate profits from its total assets.
Return on total capital has shown fluctuation but has generally improved from -42.85% in 2019 to 5.56% in 2023, indicating better returns on the total capital employed in the business.
Return on equity (ROE) has seen significant volatility, with a positive turnaround from -124.54% in 2022 to 16.77% in 2023. Although there is an improvement, the negative values from the previous years suggest that Uber has struggled to generate returns for its equity shareholders.
Overall, while Uber's profitability ratios have shown signs of improvement in recent years, there is still room for the company to strengthen its profitability performance, especially in terms of generating returns for its equity investors.