Uber Technologies Inc (UBER)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	9,856,000	1,887,000	-9,245,000	-496,000	-6,754,000
Revenue	US$ in thousands	43,978,000	37,281,000	31,877,000	17,455,000	11,139,000
Net profit margin		22.41%	5.06%	-29.00%	-2.84%	-60.63%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $9,856,000K ÷ $43,978,000K
= 22.41%

The net profit margin is a key financial metric that indicates the percentage of revenue that remains as net income after accounting for all expenses. Analyzing the net profit margin data for Uber Technologies Inc reveals a fluctuating trend over the years:

1. As of December 31, 2020, Uber had a negative net profit margin of -60.63%, indicating that the company incurred significant losses relative to its revenue.

2. By December 31, 2021, the net profit margin improved to -2.84%, but still remained negative, albeit to a lesser extent than the previous year.

3. The net profit margin further deteriorated by December 31, 2022, reaching -29.00%, suggesting a significant decrease in profitability compared to the previous year.

4. However, there was a notable turnaround by December 31, 2023, with the net profit margin turning positive at 5.06%, indicating that Uber was able to generate a profit relative to its revenue.

5. By December 31, 2024, Uber's net profit margin improved significantly to 22.41%, showcasing a substantial increase in profitability and efficiency in managing its expenses.

Overall, the analysis highlights the volatility in Uber's profitability over the years, with the company transitioning from significant losses to eventual profitability. The improvement in net profit margin signifies enhanced cost management and revenue generation strategies implemented by Uber over the period under review.