Uber Technologies, Inc.UBER
NYSE•Technology•Software - Application
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services. The Delivery segment allows consumers to search for and discover restaurants to grocery, alcohol, convenience, and other retailers, as well as order a meal or other items, and either pick-up at the restaurant or have it delivered; and provides Uber direct, a white-label delivery-as-a-service for retailers and restaurants, as well as advertising services. The Freight segment manages transportation and logistics networks, which connects shippers and carriers in digital marketplace, including carriers upfronts, pricing, and shipment booking; and offers on-demand platform to automate logistics end-to-end transactions for small-and medium-sized businesses to global enterprises. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.
Uber Technologies, Inc. (UBER) reported trailing twelve months revenue of $53.69B as of March 2026, a 18.3% increase year-over-year. Quarterly revenue reached $13.20B, reflecting continued top-line momentum.
Uber Technologies, Inc. generated $8.54B in TTM net income, with quarterly EBITDA of $2.11B. The operating margin expanded from 10.6% to 14.6%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (14.6%) and net margin (2.0%) indicates moderate non-operating costs. Net margin has narrowed from 15.4% a year ago, reflecting increased costs or interest expense.
UBER trades at a P/E of 16.8x (in line with broad market averages) and a P/S of 2.7x. The price-to-book ratio of 5.8x indicates a significant premium over book value.
The company generated $2.29B in free cash flow over the trailing twelve months, a 1.6% increase year-over-year, indicating cash generation ability. The balance sheet shows $59.88B in total assets with $10.51B in long-term debt against $24.75B in stockholders equity for a debt-to-equity ratio of 0.4, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are expanding at ~10.1%, suggesting durable pricing power and cost discipline.
Consistently high ROE averaging 41.8% suggests a durable competitive advantage and efficient capital allocation.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (7 of 7 quarters up), with ~34.0% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~11.7% — no sign of cost or pricing stress.
FCF covers net income by 3.0x on average — earnings are well-supported by cash generation.
D/E ratio is 0.4 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Share count is stable — no significant dilution or buyback activity.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation