Total Asset Turnover
since 2019
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- Analysis of Long-term (Investment) Activity Ratios
- Analysis of Reportable Segments
- Analysis of Geographic Areas
- Enterprise Value to FCFF (EV/FCFF)
- Price to FCFE (P/FCFE)
- Net Profit Margin since 2019
- Current Ratio since 2019
- Price to Earnings (P/E) since 2019
- Price to Operating Profit (P/OP) since 2019
- Price to Sales (P/S) since 2019
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Calculation
Uber Technologies Inc., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Revenue1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2024 | = | ÷ | |||
| Dec 31, 2023 | = | ÷ | |||
| Dec 31, 2022 | = | ÷ | |||
| Dec 31, 2021 | = | ÷ | |||
| Dec 31, 2020 | = | ÷ | |||
| Dec 31, 2019 | = | ÷ |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 US$ in millions
- Revenue Trends
- Revenue demonstrated a significant fluctuation over the observed periods. Initially, there was a decline from 14,147 million USD in 2019 to 11,139 million USD in 2020, a decrease possibly influenced by external economic factors. Subsequently, revenue showed a robust recovery and growth, increasing to 17,455 million USD in 2021, then nearly doubling to 31,877 million USD in 2022. The upward trend continued with revenues reaching 37,281 million USD in 2023 and 43,978 million USD in 2024, indicating strong business expansion and increasing market demand.
- Total Assets Trends
- Total assets exhibited moderate variance across the years. There was a slight increase from 31,761 million USD in 2019 to 33,252 million USD in 2020, followed by a more substantial rise to 38,774 million USD in 2021. However, in 2022, total assets declined to 32,109 million USD, indicating a possible asset reallocation or disposal. From 2022 onward, assets grew notably to 38,699 million USD in 2023 and further to 51,244 million USD in 2024, suggesting significant investments or acquisitions during this period.
- Total Asset Turnover Analysis
- The total asset turnover ratio, which measures efficiency in using assets to generate revenue, started at 0.45 in 2019 but dropped to 0.33 in 2020, reflecting reduced efficiency or asset utilization during that year. The ratio recovered back to 0.45 in 2021 and surged dramatically to 0.99 in 2022, coinciding with the rapid revenue growth and a reduction in total assets that year. This high turnover level was maintained at 0.96 in 2023 before slightly decreasing to 0.86 in 2024. Overall, the data denotes improved operational efficiency over the latter years despite the increase in total assets.
- Summary of Observations
- The data reveals a period of initial revenue decline in 2020 followed by consistent and substantial revenue growth through 2024. Total assets generally increased but with a notable dip in 2022. The total asset turnover ratio trend suggests improving efficiency in asset usage to drive revenue, particularly strong in 2022 and 2023. The combination of increasing revenue and asset growth paired with high turnover ratios points to effective management strategies and operational scaling in the latest years.
Comparison to Competitors
Uber Technologies Inc., total asset turnover, long-term trends, comparison to competitors
| Uber Technologies Inc. | FedEx Corp. | Union Pacific Corp. | United Airlines Holdings Inc. | United Parcel Service Inc. | |
|---|---|---|---|---|---|
| Dec 31, 2024 | |||||
| Dec 31, 2023 | |||||
| Dec 31, 2022 | |||||
| Dec 31, 2021 | |||||
| Dec 31, 2020 | |||||
| Dec 31, 2019 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Comparison to Sector (Transportation)
Uber Technologies Inc., total asset turnover, long-term trends, comparison to sector (transportation)
| Uber Technologies Inc. | Transportation | |
|---|---|---|
| Dec 31, 2024 | ||
| Dec 31, 2023 | ||
| Dec 31, 2022 | ||
| Dec 31, 2021 | ||
| Dec 31, 2020 | ||
| Dec 31, 2019 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
Comparison to Industry (Industrials)
Uber Technologies Inc., total asset turnover, long-term trends, comparison to industry (industrials)
| Uber Technologies Inc. | Industrials | |
|---|---|---|
| Dec 31, 2024 | ||
| Dec 31, 2023 | ||
| Dec 31, 2022 | ||
| Dec 31, 2021 | ||
| Dec 31, 2020 | ||
| Dec 31, 2019 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).