Uber Technologies, Inc. (UBER) Key Metrics
UBER valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $143.69B
- Enterprise value
- $151.13B
- P/E (TTM)
- 15.4 10-yr median 17.2
- Forward P/E
- 15.9
- PEG ratio
- 5.92
- Price / sales
- 2.6 10-yr median 3.3
- Price / book
- 5.2 10-yr median 6.4
- EV / EBITDA
- 19.1 10-yr median 30.5
- Dividend yield
- —
- Beta
- 1.26
UBER key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsUBER valuation Price multiples at each fiscal year-end price.
UBER returns How much profit the business earns on the capital it uses.
UBER per-share figures Results divided by the shares outstanding at year-end.
UBER financial health Debt, liquidity and how easily interest is covered.
UBER efficiency & capital use Working capital cycle and where the cash goes.
UBER valuation history
UBER returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
UBER debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
UBER cash returned to shareholders
UBER price vs earnings per share
UBER key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $173.20B | $129.72B | $128.79B | $48.84B | $81.73B | $89.40B | $37.13B | — | — | — |
| Enterprise value | $177.65B | $133.63B | $134.41B | $55.57B | $88.54B | $92.70B | $33.48B | — | — | — |
| P/E ratio | 17.2 | 13.2 | 68.3 | — | — | — | — | — | — | — |
| Price / sales | 3.3 | 2.9 | 3.5 | 1.5 | 4.7 | 8.0 | 2.9 | — | — | — |
| Price / book | 6.4 | 6.0 | 11.4 | 6.7 | 5.3 | 7.3 | 2.6 | — | — | — |
| Price / free cash flow | 17.7 | 18.8 | 38.3 | 125.2 | — | — | — | — | — | — |
| Price / operating cash flow | 17.2 | 18.2 | 35.9 | 76.1 | — | — | — | — | — | — |
| EV / sales | 3.4 | 3.0 | 3.6 | 1.7 | 5.1 | 8.3 | 2.6 | — | — | — |
| EV / EBITDA | 25.4 | 24.8 | 35.6 | — | 246.0 | — | — | — | — | — |
| EV / free cash flow | 18.2 | 19.4 | 40.0 | 142.5 | — | — | — | — | — | — |
| Earnings yield | 5.8% | 7.6% | 1.5% | −18.7% | −0.6% | −7.6% | −22.8% | — | — | — |
| Free cash flow yield | 5.6% | 5.3% | 2.6% | 0.8% | −0.9% | −3.8% | −13.2% | — | — | — |
| Shareholder yield (dividends + buybacks) | 3.8% | 1.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | — | — | — |
| Share price at fiscal year-end | $81.71 | $60.32 | $61.57 | $24.73 | $41.93 | $51.00 | $29.74 | — | — | — |
| Per share | ||||||||||
| Revenue per share | $24.54 | $20.45 | $17.82 | $16.14 | $8.95 | $6.35 | $10.41 | $9.55 | $7.26 | $2.52 |
| Earnings per share | $4.74 | $4.58 | $0.90 | −$4.63 | −$0.25 | −$3.85 | −$6.79 | $0.91 | −$3.69 | −$0.24 |
| Operating cash flow per share | $4.76 | $3.32 | $1.71 | $0.33 | −$0.23 | −$1.57 | −$3.46 | −$1.41 | −$1.30 | −$1.91 |
| Free cash flow per share | $4.61 | $3.21 | $1.61 | $0.20 | −$0.38 | −$1.92 | −$3.93 | −$1.92 | −$2.06 | −$2.98 |
| Cash per share | $3.60 | $3.50 | $2.97 | $2.53 | $2.20 | $4.04 | $9.14 | $5.87 | $4.02 | $4.13 |
| Book value per share | $12.76 | $10.02 | $5.38 | $3.72 | $7.87 | $7.00 | $11.37 | $9.46 | −$7.83 | $4.41 |
| Tangible book value per share | $8.05 | $5.75 | $0.80 | −$1.42 | $2.32 | $2.62 | $11.18 | $9.25 | −$7.92 | $4.35 |
| Capex per share | $0.16 | $0.11 | $0.11 | $0.13 | $0.15 | $0.35 | $0.47 | $0.51 | $0.76 | $1.07 |
| Debt per share | $5.70 | $5.32 | $5.66 | $5.93 | $5.70 | $5.92 | $6.22 | $6.71 | $3.19 | $2.05 |
| Shares outstanding | 2.12B | 2.15B | 2.09B | 1.97B | 1.95B | 1.75B | 1.25B | 1.09B | 1.09B | 1.53B |
| Change in shares outstanding | −1.4% | +2.8% | +5.9% | +1.3% | +11.2% | +40.4% | +14.3% | 0.0% | −28.4% | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 41.4% | 60.1% | 20.3% | −80.6% | −3.6% | −51.1% | −69.1% | 112.3% | — | −5.5% |
| Return on invested capital (ROIC) | 19.5% | 13.2% | 6.5% | −8.0% | −16.1% | −29.4% | −62.3% | −262.3% | — | −67.1% |
| Return on assets (ROA) | 17.8% | 21.9% | 5.3% | −25.8% | −1.4% | −20.8% | −30.4% | 5.1% | −25.9% | −2.4% |
| Return on tangible assets | 19.4% | 23.4% | 6.5% | −41.6% | −1.8% | −26.4% | −26.9% | 4.2% | −26.3% | −2.4% |
| Free cash flow margin | 18.8% | 15.7% | 9.0% | 1.2% | −4.3% | −30.2% | −37.8% | −20.1% | −28.3% | −118.3% |
| Income quality (OCF / net income) | 1.00 | 0.72 | 1.90 | — | — | — | — | −1.55 | — | — |
| Financial health | ||||||||||
| Total debt | $12.08B | $11.44B | $11.83B | $11.72B | $11.11B | $10.37B | $7.76B | $7.33B | $3.49B | $3.13B |
| Cash & short-term investments | $7.63B | $7.52B | $6.21B | $4.99B | $4.29B | $7.08B | $11.41B | $6.41B | $4.39B | $6.30B |
| Net debt | $4.45B | $3.91B | $5.62B | $6.73B | $6.81B | $3.30B | −$3.65B | $926.0M | −$905.0M | −$3.17B |
| Debt / equity | 0.45 | 0.53 | 1.05 | 1.60 | 0.72 | 0.85 | 0.55 | 0.71 | — | 0.46 |
| Debt / assets | 0.20 | 0.22 | 0.31 | 0.36 | 0.29 | 0.31 | 0.24 | 0.31 | 0.23 | 0.20 |
| Net debt / EBITDA | 0.64 | 0.73 | 1.49 | — | 18.92 | — | — | 0.39 | — | — |
| Current ratio | 1.14 | 1.07 | 1.19 | 1.04 | 0.98 | 1.44 | 2.47 | 1.63 | 1.78 | 2.89 |
| Quick ratio | 1.14 | 1.07 | 1.19 | 0.97 | 0.80 | 1.33 | 2.45 | 1.49 | 1.39 | 2.89 |
| Interest coverage | 12.6 | 5.4 | 1.8 | -3.2 | -7.9 | -10.6 | -15.4 | -4.7 | -8.5 | -9.1 |
| Working capital | $1.67B | $769.0M | $1.84B | $396.0M | −$205.0M | $3.02B | $8.29B | $3.35B | $2.99B | $4.59B |
| Invested capital | $31.49B | $25.47B | $16.87B | $14.07B | $22.16B | $15.56B | $10.54B | $11.26B | −$9.46B | $3.56B |
| Tangible asset value | $18.10B | $13.29B | $3.11B | −$1.63B | $4.52B | $6.08B | $14.95B | $10.10B | −$8.65B | $6.64B |
| Net current asset value | −$19.73B | −$16.52B | −$14.72B | −$14.36B | −$14.61B | −$9.62B | −$2.65B | −$5.00B | −$17.15B | −$1.97B |
| Graham number | $36.90 | $32.15 | $10.45 | — | — | — | — | $13.94 | — | — |
| Graham net-net per share | −$10.95 | −$8.55 | −$7.99 | −$7.93 | −$8.24 | −$6.21 | −$3.11 | −$5.38 | −$16.61 | −$1.57 |
| Capital allocation | ||||||||||
| Share buybacks (net) | $6.52B | $1.25B | $0 | $0 | $0 | $0 | $74.0M | $10.0M | $131.0M | $90.0M |
| Dividends + buybacks / free cash flow | 66.8% | 18.2% | 0.0% | 0.0% | — | — | — | — | — | — |
| Capex / revenue | 0.6% | 0.6% | 0.6% | 0.8% | 1.7% | 5.5% | 4.5% | 5.3% | 10.5% | 42.5% |
| Capex / operating cash flow | 3.3% | 3.4% | 6.2% | 39.3% | — | — | — | — | — | — |
| Capex / depreciation | 0.45 | 0.33 | 0.27 | 0.27 | 0.36 | 1.07 | 1.25 | 1.31 | 1.63 | 4.71 |
| Stock-based compensation / revenue | 3.5% | 4.1% | 5.2% | 5.6% | 6.7% | 7.4% | 35.4% | 1.6% | 1.6% | 2.8% |
| R&D / revenue | 6.5% | 7.1% | 8.5% | 8.8% | 11.8% | 19.8% | 37.2% | 14.4% | 15.3% | 22.5% |
| SG&A / revenue | 15.6% | 18.1% | 18.9% | 24.8% | 68.1% | 56.1% | 61.0% | 50.2% | 57.5% | 67.0% |
| Efficiency | ||||||||||
| Days sales outstanding | 26.8 | 32.9 | 37.3 | 37.1 | 47.4 | 52.1 | 41.8 | 39.6 | 30.2 | 36.7 |
| Days of inventory on hand | — | — | — | 21.6 | 47.0 | 30.7 | 25.2 | 85.2 | 99.1 | — |
| Days payables outstanding | 10.9 | 11.3 | 12.3 | 14.7 | 21.4 | 18.0 | 12.7 | 13.8 | 16.3 | 45.9 |
| Cash conversion cycle (days) | 15.9 | 21.6 | 24.9 | 43.9 | 73.0 | 64.8 | 54.3 | 110.9 | 113.0 | -9.1 |
| Receivables turnover | 13.61 | 11.08 | 9.80 | 9.84 | 7.71 | 7.01 | 8.73 | 9.23 | 12.08 | 9.94 |
| Payables turnover | 33.50 | 32.34 | 29.59 | 24.76 | 17.08 | 20.33 | 28.73 | 26.37 | 22.37 | 7.96 |
| Inventory turnover | — | — | — | 16.93 | 7.76 | 11.90 | 14.48 | 4.28 | 3.68 | — |
| Asset turnover | 0.92 | 0.98 | 1.05 | 0.90 | 0.48 | 0.34 | 0.47 | 0.53 | 0.51 | 0.24 |
| Average receivables | $3.82B | $3.97B | $3.81B | $3.24B | $2.26B | $1.59B | $1.49B | $1.13B | $656.5M | $387.0M |
| Average payables | $935.5M | $824.0M | $759.0M | $794.0M | $547.5M | $253.5M | $211.0M | $181.5M | $246.5M | $280.0M |
| Average inventory | — | — | — | $1.16B | $1.21B | $433.0M | $418.5M | $1.12B | $1.50B | — |
| Intangibles / total assets | 16.1% | 17.9% | 24.7% | 31.6% | 27.9% | 23.1% | 0.7% | 1.0% | 0.6% | 0.6% |
Computed from UBER's annual financial statements (latest annual report filed February 13, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
UBER valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Uber traded at 17.2 times earnings, against a 10-year median of 17.2. Based on the latest twelve months, the trailing P/E is 15.4 and the forward P/E is 15.9. Uber earned a return on equity of 41.4% and a return on invested capital of 19.5% in fiscal 2025. It ended the year with $12.1 billion of debt and $7.6 billion in cash and short-term investments, net debt of $4.4 billion. It returned $6.5 billion to shareholders: $0 in dividends and $6.5 billion in share buybacks, 67% of free cash flow. The share count rose 38.9% from 1.53B to 2.12B over 9 years.
See the UBER income statement, the UBER chart for price history, or the UBER stock overview for the latest quote and news.
UBER key metrics FAQ
What is Uber's P/E ratio?
Uber's trailing P/E ratio is 15.4 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 15.9. At the end of fiscal 2025 it was 17.2, compared with a 10-year median of 17.2.
What is Uber's EV/EBITDA?
Uber's enterprise value was 25.4 times EBITDA at the end of fiscal 2025 (enterprise value $177.6 billion, EBITDA $7.0 billion); the current EV/EBITDA is 19.1.
What is Uber's return on equity?
Uber's return on equity (ROE) was 41.4% in fiscal 2025: net income of $10.1 billion on average shareholders' equity of $24.3 billion.
What is Uber's ROIC?
Uber's return on invested capital was 19.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Uber have?
Uber had total debt of $12.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.45 and $4.4 billion of net debt (0.64 times EBITDA).
Does Uber buy back its shares?
Yes. Uber spent $6.5 billion on net share repurchases in fiscal 2025 Shares outstanding changed −1.4% over the year, to 2.12B..
What is Uber's free cash flow yield?
Uber generated $9.8 billion of free cash flow in fiscal 2025, a free cash flow yield of 5.6% on its market value at year-end ($173.2 billion).
What is Uber's current ratio?
Uber's current ratio was 1.14 at the end of fiscal 2025: current assets were 1.14 times current liabilities.