Uber Technologies Inc (UBER)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	2,799,000	1,110,000	-1,832,000	-3,834,000	-4,863,000
Revenue	US$ in thousands	43,978,000	37,281,000	31,877,000	17,455,000	11,139,000
Operating profit margin		6.36%	2.98%	-5.75%	-21.97%	-43.66%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $2,799,000K ÷ $43,978,000K
= 6.36%

The operating profit margin of Uber Technologies Inc has shown a significant improvement over the years. As of December 31, 2020, the company reported a negative operating profit margin of -43.66%, indicating that it was incurring substantial operating expenses relative to its revenue. By December 31, 2021, this margin improved to -21.97%, reflecting a reduction in operating losses compared to the previous year.

In the following years, Uber's operating profit margin continued to strengthen, reaching -5.75% by December 31, 2022, indicating the company was closer to breaking even on its operating activities. By December 31, 2023, Uber achieved a positive operating profit margin of 2.98%, signaling profitability from its core operations. This positive trend persisted, with the operating profit margin increasing to 6.36% by December 31, 2024, demonstrating that Uber was generating a healthy profit from its operational activities.

Overall, Uber's operating profit margin has shown a notable turnaround from significant losses to profitable operations over the years, reflecting the company's efforts to improve efficiency and effectively manage its operating expenses to enhance its bottom line.