UBER vs V
Uber Technologies, Inc. and Visa Inc., side by side — 9 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | UBER | V |
|---|---|---|
| Revenue | $52.0B | $40.0B |
| Net income | $10.1B | $20.1B |
| Gross margin | 39.8% | · |
| Net margin | 19.4% | 50.1% |
| Return on equity | 41.4% | 52.1% |
| Diluted EPS | $4.73 | · |
| Dividend / share | $0.00 | $0.59 |
| Payout ratio | · | 23.1% |
| Free cash flow | $9.8B | $21.6B |
| Equity | $27.0B | · |
| Net debt / equity | 0.13× | 0.21× |
| Current ratio | 1.14× | 1.08× |
| Revenue CAGR 5y | 36.1% | 12.9% |
| Profit CAGR 5y | · | 13.0% |
UBER bills 1.3× the revenue of V, and V keeps more of each dollar of revenue as profit (50.1% against 19.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
9 years side by side
| Fiscal year | UBER | V |
|---|---|---|
| FY2025 | $52.0B | $40.0B |
| FY2024 | $44.0B | $35.9B |
| FY2023 | $37.3B | $32.7B |
| FY2022 | $31.9B | $29.3B |
| FY2021 | $17.5B | $24.1B |
| FY2020 | $11.1B | $21.8B |
| FY2019 | $13.0B | $23.0B |
| FY2018 | $10.4B | $20.6B |
| FY2017 | $7.9B | $18.4B |
Bottom line
| Fiscal year | UBER | V |
|---|---|---|
| FY2025 | $10.1B | $20.1B |
| FY2024 | $9.9B | $19.7B |
| FY2023 | $1.9B | $17.3B |
| FY2022 | $-9.1B | $15.0B |
| FY2021 | $-496.0M | $12.3B |
| FY2020 | $-6.8B | $10.9B |
| FY2019 | $-8.5B | $12.1B |
| FY2018 | $997.0M | $10.3B |
| FY2017 | $-4.0B | $6.7B |
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$12,017,000,000 | UBER |
| FY2024 | +$8,052,000,000 | UBER |
| FY2023 | +$4,628,000,000 | UBER |
| FY2022 | +$2,567,000,000 | UBER |
| FY2021 | −$6,650,000,000 | V |
| FY2020 | −$10,707,000,000 | V |
| FY2019 | −$9,977,000,000 | V |
| FY2018 | −$10,176,000,000 | V |
| FY2017 | −$10,426,000,000 | V |
The higher-revenue side has changed between UBER and V over this period. The gap has widened since the earliest year compared.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
9 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −30.7 pp | V |
| FY2024 | −32.6 pp | V |
| FY2023 | −47.1 pp | V |
| FY2022 | −79.7 pp | V |
| FY2021 | −54.3 pp | V |
| FY2020 | −110.7 pp | V |
| FY2019 | −118.1 pp | V |
| FY2018 | −40.5 pp | V |
| FY2017 | −87.3 pp | V |
V has kept the higher net margin in every one of these 9 fiscal years.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UBER's net margin has been more volatile than V's over the 9 comparable fiscal years — 33.1 percentage points of standard deviation against 5.0.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
V led in net margin in every one of the 9 comparable fiscal years — a structural lead, not a recent swing.
9 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
UBER's return on equity has been more volatile than V's over the 6 comparable fiscal years — 50.6 percentage points of standard deviation against 8.2.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between UBER and V over these 6 fiscal years — UBER led in 1 and V in 5.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.