Industrials · Passenger Ground Transportation · US stock · price as of 16 Oct 2026
Key indicators
Price
$70.35
52-week range
$65.41 – $100.35
Market cap
$144.2B
P/E (trailing)
15.4×
EV / EBITDA
20.4×
Free-cash-flow yield
7.0%
Dividend yield
–
Revenue (last 12 months)
$55.2B
Revenue growth (3y a year)
17.7%
Operating margin
12.1%
Return on invested capital
17.4%
Net debt / EBITDA
1.0×
Fair value
Blended fair value$145.75 range $130 – $161
Versus priceUndervalued+107% to fair value
Peer multiples
$126.06
Fundamentals-adjusted multiple
$121.87
10-year DCF (market-scaled)
$189.31
Earnings power value (floor, not blended)
n/m
Model uncertainty
High
X-Ray Score
62/ 100 · Medium confidence · ahead of 81% of sector peers
Valuation79
Growth91
Profitability33
Financial health47
Dividends–
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Uber Technologies runs a technology platform that connects people with rides, food and grocery delivery, and freight services. Riders and diners use its app to order from drivers, couriers and merchants, who are mostly independent contractors. The company earns revenue by charging fees or commissions on each transaction, along with advertising income. It operates in many countries, and local regulation shapes how its services work.
Revenue has grown 17.7% a year over three years, leaving the last twelve months at $55.2 billion. Operating margin is 12.1%. Return on invested capital comes to 17%. On leverage, net debt to EBITDA is 1.0 times. It does not pay a dividend. These numbers describe past results and current financial position, and they are shown for reference only.
StocksXray gives Uber Technologies, Inc an X-Ray Score of 62 out of 100 (medium confidence), ahead of 81% of the S&P 500 stocks in its sector. Its strongest lens is growth (91) and its weakest is profitability (33).
Our fair value blend is $145.75 (range $129.94 to $161.17). At $70.35 the stock trades 52% below that blend, so the label is "Undervalued" with high model uncertainty. Fair value is a range, not a price target.
XStocksXray
Uber Technologies, Inc (UBER)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$41.93
$24.73
$61.57
$60.32
$81.71
$70.35
Market cap
$79.5B
$48.8B
$128.8B
$129.7B
$173.2B
$144.2B
P/E
–
–
70.8×
13.2×
17.3×
15.4×
EV / revenue
4.8×
1.7×
3.6×
3.0×
3.4×
2.7×
EV / EBITDA
–
–
68.7×
37.7×
28.0×
20.4×
Price / free cash flow
–
125.2×
38.3×
18.8×
17.7×
14.3×
Free-cash-flow yield
−0.9%
0.8%
2.6%
5.3%
5.6%
7.0%
Price / book
5.5×
6.7×
11.4×
6.0×
6.4×
5.3×
Dividend yield
–
–
–
–
–
–
Fundamentals checklist ● 7 Good · ● 4 Average · ● 3 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−1.3%Bad
Free-cash-flow yield7.0%Good
Risk models
Altman Z score0.8×Bad
Piotroski F-Score7 of 9Good
Growth
Free-cash-flow growth (3y)192.5%Good
Revenue growth (3y)17.7%Good
Growth consistency100%Good
Balance sheet
Current ratio0.8×Bad
Net debt / EBITDA1.0×Good
Interest cover14.5×Average
Valuation
Fair value vs price2.1×Good
EBIT / EV yield4.4%Average
Profitability
Return on invested capital17.4%Average
Operating margin12.1%Average
XStocksXray
Uber Technologies, Inc (UBER)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
17,455
31,877
37,281
43,978
52,017
55,227
Gross profit
–
–
–
–
–
–
Operating income
-3,834
-1,832
1,110
2,799
5,565
6,700
Net income
-496
-9,141
1,887
9,856
10,053
9,579
Diluted EPS ($)
-0.29
-4.65
0.87
4.56
4.73
4.58
Free cash flow
-743
390
3,362
6,895
9,763
10,116
Gross margin
–
–
–
–
–
–
Operating margin
−22.0%
−5.7%
3.0%
6.4%
10.7%
12.1%
Net margin
−2.8%
−28.7%
5.1%
22.4%
19.3%
17.3%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
38,774
32,109
38,699
51,244
61,802
65,801
Cash
4,295
4,208
4,680
5,893
7,105
4,870
Total debt
9,303
9,292
9,484
9,497
10,521
12,723
Equity
14,458
7,340
11,249
21,558
27,041
27,316
Dividend per share ($)
0.00
0.00
0.00
0.00
0.00
–
Revenue and net income US$ billions: navy revenue, teal net income
Margins blue gross, teal operating, brown net
Latest quarters
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue ($M)
11,533
12,651
13,467
14,366
13,203
14,191
Growth vs a year earlier
+13.8%
+18.2%
+20.4%
+20.1%
+14.5%
+12.2%
Net income ($M)
1,776
1,355
6,626
296
263
2,394
Diluted EPS ($)
0.83
0.63
3.11
–
0.13
1.17
XStocksXray
Uber Technologies, Inc (UBER)
Peers in Passenger Ground Transportation
Company
X-Ray
UBER · Uber Technologies, Inc
62
Market Compass outlook for Industrials: Neutral (45/100). It blends regime history, macro sensitivity, momentum and valuation.
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.