Uber Technologies (UBER) Divestments (2019 - 2024)
Uber Technologies' (UBER) quarterly Divestments came in at $8.0 million in Q2 2024, down 98.86% year-over-year from $703.0 million in Q3 2023, and down 11.11% quarter-over-quarter from $9.0 million in Q1 2024.
Analysis
Uber Technologies (UBER) Divestments (2019 - 2024) Analysis & Trends
Uber Technologies has disclosed Divestments across 6 years of filings, most recently posting $8.0 million for Q2 2024.
- In Q2 2024, Divestments fell 98.86% year-over-year to $8.0 million; the TTM figure through Dec 2024 stood at $17.0 million (down 97.64% YoY), while the FY2024 annual figure was $17.0 million, down 97.64% from the prior year.
- Divestments came in at $8.0 million for Q2 2024 at Uber Technologies, down from $9.0 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $800.0 million in Q3 2021 to a low of $8.0 million in Q2 2024.
- Average Divestments over 5 years is $231.9 million, with a median of $58.5 million recorded in 2020.
- Year-over-year, Divestments plunged 30.77% in 2023 and plunged 98.86% in 2024.
- Over 5 years, Divestments stood at $91.0 million in 2020, then surged by 119.78% to $200.0 million in 2021, then sank by 87.0% to $26.0 million in 2022, then sank by 30.77% to $18.0 million in 2023, then plunged by 55.56% to $8.0 million in 2024.
- Per Business Quant data, the three most recent Divestments figures were $8.0 million in Q2 2024, $9.0 million in Q1 2024, and $18.0 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 143.82 Bn | 138.61 Bn | 6.38 Bn | - |
| 2 | DoorDash | 83.59 Bn | 78.26 Bn | 2.35 Bn | - |
| 3 | Grab Holdings | 11.46 Bn | 7.73 Bn | 435.00 Mn | - |
| 4 | Lyft | 5.72 Bn | 3.92 Bn | 917.12 Mn | - |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | - |
| 6 | Ryde | 90.02 Mn | 90.02 Mn | - | - |
| 7 | Swvl Holdings | 42.55 Mn | 35.16 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | - |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | - |
| 10 | Freight Technologies | 71,357.58 | -275,360.42 | 373,200.00 | - |
Historic Data
Download Data
Historic 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 |
| Sep 30, 2022 | 26.00 Mn |
| Dec 31, 2021 | 200.00 Mn |
| Sep 30, 2021 | 800.00 Mn |
| Mar 31, 2020 | 91.00 Mn |
| Mar 31, 2019 | 293.00 Mn |