Uber Technologies (UBER) Divestments (2019 - 2024)
Uber Technologies (UBER) posted Divestments of $8.0 million for Q2 2024, down 11.11% sequentially from $9.0 million in Q1 2024, and down 98.86% YoY from $703.0 million in Q3 2023.
Uber Technologies (UBER) Divestments (2019 - 2024) Analysis & Trends
Uber Technologies has reported Divestments for 5 years, with the latest figure at $8.0 million in Q2 2024.
- Quarterly Divestments fell 98.86% year-over-year to $8.0 million in Q2 2024, while the trailing twelve-month figure through Dec 2024 was $17.0 million (down 97.64% YoY) and the FY2024 annual result came in at $17.0 million, down 97.64% from the prior year.
- Divestments retreated to $8.0 million in Q2 2024 per UBER's latest filing, from $9.0 million in the prior quarter.
- Over five years, Divestments peaked at $1.0 billion in Q4 2021 and troughed at -$91.0 million in Q3 2020.
- A 4-year average of $317.2 million and a median of $54.5 million in 2020 frame the typical range for Divestments.
- The sharpest annual moves came in 2021 and 2024: Divestments jumped 979.12% in 2021, then sank 98.86% in 2024.
- Over 4 years, Divestments stood at -$91.0 million in 2020, then soared by 1198.9% to $1.0 billion in 2021, then slumped by 98.2% to $18.0 million in 2023, then slumped by 55.56% to $8.0 million in 2024.
- According to Business Quant data, Divestments over the past three periods registered $8.0 million, $9.0 million, and $18.0 million for Q2 2024, Q1 2024, and Q3 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | - |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | - |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | - |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | - |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | - |
| 10 | Datadog | 91.70 Bn | 86.71 Bn | 881.34 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 8.00 Mn |
| Mar 31, 2024 | 9.00 Mn |
| Sep 30, 2023 | 18.00 Mn |
| Jun 30, 2023 | 703.00 Mn |
| Dec 31, 2021 | 1.00 Bn |
| Sep 30, 2021 | 800.00 Mn |
| Sep 30, 2020 | -91.00 Mn |
| Mar 31, 2020 | 91.00 Mn |
| Dec 31, 2019 | -293.00 Mn |
| Jun 30, 2019 | 293.00 Mn |