Uber Technologies Inc (UBER)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 51,244,000 | 47,117,000 | 41,514,000 | 39,599,000 | 38,699,000 | 35,949,000 | 34,068,000 | 32,451,000 | 32,109,000 | 31,112,000 | 31,014,000 | 32,812,000 | 38,774,000 | 36,884,000 | 36,251,000 | 34,655,000 | 33,252,000 | 28,894,000 | 28,240,000 | 30,090,000 |
| Operating ROA | 5.75% | 6.00% | 5.20% | 3.90% | 2.87% | 1.09% | -1.46% | -4.74% | -5.47% | -7.20% | -7.47% | -8.51% | -9.89% | -11.28% | -12.98% | -14.79% | -14.62% | -17.16% | -17.52% | -29.33% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $2,945,000K ÷ $51,244,000K
= 5.75%
The operating return on assets (operating ROA) for Uber Technologies Inc has shown a significant improvement over the period from March 31, 2020, to December 31, 2024. Initially, the operating ROA was negative, indicating that the company was not effectively generating profits from its assets. However, starting from September 30, 2023, the operating ROA turned positive, indicating that Uber improved its operational efficiency and profitability.
The trend shows a gradual increase in operating ROA from 1.09% on September 30, 2023, to 5.75% on December 31, 2024. This positive trend implies that Uber has effectively utilized its assets to generate operating income, showcasing improved efficiency and profitability in its operations. Despite facing challenges in previous periods, the company has managed to turn around its performance, which is reflected in the increasing operating ROA figures.
Overall, the positive trend in operating ROA for Uber Technologies Inc suggests that the company has enhanced its operational effectiveness and is now generating better returns from its assets, which is a positive sign for investors and stakeholders.
Peer comparison
Dec 31, 2024