Uber Technologies Inc (UBER)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	2,945,000	2,827,000	2,160,000	1,544,000	1,110,000	391,000	-498,000	-1,537,000	-1,757,000	-2,240,000	-2,317,000	-2,792,000	-3,834,000	-4,161,000	-4,705,000	-5,124,000	-4,863,000	-4,957,000	-4,947,000	-8,825,000
Revenue (ttm)	US$ in thousands	43,978,000	41,955,000	40,059,000	38,589,000	37,281,000	35,952,000	35,003,000	33,846,000	31,877,000	29,048,000	25,550,000	21,406,000	17,455,000	14,842,000	13,126,000	11,438,000	12,078,000	12,982,000	13,666,000	14,591,000
Operating profit margin		6.70%	6.74%	5.39%	4.00%	2.98%	1.09%	-1.42%	-4.54%	-5.51%	-7.71%	-9.07%	-13.04%	-21.97%	-28.04%	-35.84%	-44.80%	-40.26%	-38.18%	-36.20%	-60.48%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,945,000K ÷ $43,978,000K
= 6.70%

The operating profit margin of Uber Technologies Inc had a fluctuating trend over the analyzed period. It started with a negative value of -60.48% as of March 31, 2020, indicating that the company was incurring losses in its operations.

Subsequently, there was an improvement in the operating profit margin, with the percentage decreasing to -5.51% by December 31, 2022. This trend continued to show a positive trajectory, reaching 2.98% as of March 31, 2023, signifying that Uber's operational efficiency was improving.

From March 31, 2023, onwards, the operating profit margin showed consistent positive growth, with values of 4.00%, 5.39%, 6.74%, and 6.70% recorded for the subsequent quarters up to December 31, 2024. This upward trend indicates that Uber was able to effectively control its operating expenses relative to its revenue, resulting in a healthier margin of profitability.

Overall, the trend in Uber Technologies Inc's operating profit margin reflects a transition from significant losses to sustained profitability, highlighting the company's efforts in optimizing its operational efficiency and financial performance.