Uber Technologies Inc (UBER)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 4,125,000 | 5,044,000 | 2,451,000 | 1,829,000 | 2,321,000 | 967,000 | -385,000 | -3,396,000 | -9,426,000 | -9,109,000 | -10,460,000 | -7,264,000 | -1,025,000 | -2,748,000 | -1,298,000 | -3,699,000 | -6,946,000 | -7,071,000 | -7,141,000 | -10,618,000 |
| 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 |
| Pretax margin | 9.38% | 12.02% | 6.12% | 4.74% | 6.23% | 2.69% | -1.10% | -10.03% | -29.57% | -31.36% | -40.94% | -33.93% | -5.87% | -18.52% | -9.89% | -32.34% | -57.51% | -54.47% | -52.25% | -72.77% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $4,125,000K ÷ $43,978,000K
= 9.38%
The pretax margin of Uber Technologies Inc has shown a significant improvement over the past few quarters. Starting at a very low level of -72.77% in March 2020, the company managed to gradually reduce its losses and steer towards profitability. By December 2024, the pretax margin reached a positive figure of 9.38%, signifying that Uber's operating income before taxes has exceeded its expenses, resulting in a healthy profit margin. This positive trend indicates that the company has successfully implemented strategies to enhance operational efficiency and control costs, ultimately leading to improved financial performance.
Peer comparison
Dec 31, 2024