Uber Technologies (UBER) Divestments (2019 - 2024)
Uber Technologies recorded quarterly Divestments of $8.0 million in Q2 2024, down 11.11% quarter-over-quarter from $9.0 million in Q1 2024, and down 98.86% year-over-year from $703.0 million in Q3 2023.
Uber Technologies' Divestments history runs 5 years deep, the most recent figure standing at $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 $703.0 million in Q2 2023 to a low of -$91.0 million in Q4 2020.
- A 4-year average of $151.8 million and a median of $54.5 million in 2020 frame the typical range for Divestments.
- Across the five-year window, Divestments surged 319.78% in 2021 and plunged 98.86% in 2024, its largest moves.
- Uber Technologies' Divestments stood at -$91.0 million in 2020, then soared by 319.78% to $200.0 million in 2021, then tumbled by 91.0% to $18.0 million in 2023, then sank 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | - |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 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 | 200.00 Mn |
| Sep 30, 2021 | 276.00 Mn |
| Dec 31, 2020 | -91.00 Mn |
| Mar 31, 2020 | 91.00 Mn |
| Sep 30, 2019 | -293.00 Mn |
| Jun 30, 2019 | 293.00 Mn |