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Global ride-hailing and delivery platform connecting riders/eaters with drivers and couriers, plus freight brokerage.
Global ride-hailing and delivery platform connecting riders/eaters with drivers and couriers, plus freight brokerage.
Earns by taking a commission or fee from each ride or delivery rather than owning cars or employing drivers, who are independent contractors, a status regulators keep contesting. Mobility and delivery carry the business, with advertising and Uber One memberships newer. It holds stakes in rivals such as Grab and Didi from earlier exits.
Moat: narrow (network effects, scale, brand). Dense driver/rider networks in most cities create liquidity advantages, though Lyft and local rivals compete hard.
Headquarters: San Francisco, California, US · Founded: 2009 · Employees: 34,000
Size Uber (UBER) is a United States Industrials company (Other Transportation) with a market value of $140B, the 85th largest of 3,117 United States companies the cockpit tracks. Shares closed at $68.59 on 6 Nov 2026.
Performance Over six months the shares fell 9.1%, against +6.2% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 13.9% over the last twelve months (peer median +6.6%); the operating margin is 12.7% (peer median 26.0%).
Valuation It trades at 16.8× forward earnings against a peer median of 16.7× (11th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about 14% a year for seven years (Req g). Recent delivered growth is +36%, so the hurdle is -22 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.4 points above its cost of capital (10.8% WACC).
Credit Uber has 13 bonds outstanding ($15.6B), rated BBB+ by the agencies and trading like BBB+ at a weighted spread of 102 bp.
Short interest Short interest is 2.4% of the free float (15 Oct 2026).
Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $56.5B | $52.0B | $44.0B | $37.3B | $31.9B |
| Revenue growth | — | +18% | +18% | +17% | — |
| Gross profit | $20.5B | $17.4B | $14.1B | $11.6B | $9.14B |
| EBITDA | $8.00B | $6.93B | $4.71B | $2.03B | -$103M |
| Net income | $3.46B | $10.1B | $9.86B | $1.89B | -$9.14B |
| Free cash flow | $10.4B | $9.76B | $6.89B | $3.36B | $390M |
| Capital expenditure | $314M | $336M | $242M | $223M | $252M |
| Total debt | $17.7B | $12.3B | $11.4B | $11.8B | $11.7B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Uber UBER | $140B | -9% | +14% | 13% | 16.8× | 13.9% |
| Lyft LYFT | $6.47B | +19% | +11% | -2% | 21.9× | -6.1% |
| DoorDash DASH | $78.3B | +10% | +35% | 6% | 42.2× | 45.3% |
| Grab GRAB | $13.9B | -8% | +23% | 11% | 23.3× | 17.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | UBER | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.4% | +10.2% | 2nd lowest of 21 |
| 6-month return | -9.1% | +6.2% | 3rd lowest of 21 |
| Distance from 52-week high | -27.9% | -11.4% | 3rd lowest of 21 |
| Revenue growth (TTM) | +13.9% | +6.6% | 6th highest of 21 |
| Operating margin | 12.7% | 26.0% | 3rd lowest of 21 |
| Forward P/E | 16.8× | 16.7× | 11th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | 13.9% | 5.5% | 3rd most demanding of 17 |
| Growth delivered (Del g) | +36.1% | +18.2% | highest of 17 |
| Hurdle (Req g minus delivered) | -22.2 pp | -14.7 pp | 5th least demanding of 17 |
| ROIC minus cost of capital | +4.4 pp | -0.2 pp | 4th highest of 21 |
| EV / EBITDA | 18.6× | 12.6× | 5th most expensive of 13 |
| Net debt / EBITDA | 0.9× | 3.2× | least indebted of 13 |
| Bond spread | 102 bp | 95 bp | 2nd widest of 6 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Uber UBER | United States | $140B | -9% | +14% | 13% | 16.8× | 13.9% | +36.1% |
| Aena SME AENA.MC | Spain | $47.6B | +21% | +11% | 46% | 18.1× | 7.0% | +23.6% |
| Adani Ports & Special Economic Zone ADANIPORTS.NS | India | $47.2B | +12% | +23% | 44% | 29.4× | 34.5% | +25.3% |
| Transurban TCL.AX | Australia | $31.6B | +1% | 0% | 30% | 84.3× | 27.8% | +5.9% |
| Mtr 0066.HK | Hong Kong | $27.2B | +1% | -6% | 15% | 10.8× | n/a | n/a |
| Central Japan Railway 9022.T | Japan | $25.1B | +11% | +5% | 40% | 8.0× | -6.8% | +19.5% |
| Shanghai International Port (Group) 600018.SS | China | $19.7B | +14% | +9% | 23% | 8.6× | -3.6% | +9.0% |
| Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR PAC | United States | $14.5B | +1% | +20% | 44% | 17.1× | 8.2% | +31.3% |
| Aeroports de Paris ADP.PA | France | $13.0B | +9% | +5% | 18% | 18.1× | 11.5% | +25.7% |
| GMR Airports GMRAIRPORT.NS | India | $11.1B | -2% | +29% | 27% | 296.2× | n/a | n/a |
| China Merchants Expressway Network & Technology 001965.SZ | China | $10.6B | +10% | +26% | 15% | 14.6× | 6.7% | +13.7% |
| Jiangsu Expressway 600377.SS | China | $9.75B | +13% | +3% | 25% | 14.5× | n/a | n/a |
| Shanghai International Airport 600009.SS | China | $9.22B | -9% | +7% | 19% | 23.7× | -2.6% | +25.4% |
| China Merchants Port 001872.SZ | China | $9.20B | +14% | +8% | 32% | 12.9× | 2.1% | +6.2% |
| StandardAero SARO | United States | $9.14B | +10% | +13% | 10% | 16.4× | 10.9% | +13.5% |
| Qingdao Port International 601298.SS | China | $8.98B | +10% | +4% | 31% | 12.0× | -12.0% | +7.2% |
| Shandong Hi-speed 600350.SS | China | $8.06B | +4% | -4% | 20% | 18.0× | 4.7% | +13.0% |
| Grupo Aeroportuario del Sureste SAB de CV Sponsored ADR ASR | United States | $7.95B | -15% | +26% | 41% | 12.2× | -2.3% | +27.0% |
| Flughafen Zurich FHZN.SW | Switzerland | $7.94B | -3% | +4% | 35% | 20.3× | 0.3% | +16.9% |
| Fraport FRA.DE | Germany | $7.09B | +1% | +3% | 19% | 21.2× | 6.3% | +21.5% |
| Hankyu Hanshin 9042.T | Japan | $7.03B | +3% | +6% | 10% | 13.2× | n/a | n/a |
Uber has 13 bonds outstanding with $15.6B face value. The agencies rate it BBB+; its bonds trade like BBB+. Weighted yield 5.16%, a spread of 102 bp over government bonds.