Uber management check
UBER · Industrials · Passenger Ground Transportation · CEO Dara Khosrowshahi
Filings as of
5 good · 1 to watch · 1 flagged, across the seven questions below.
- Flag
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $160, against $258 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.77 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Good
What does the CEO cost owners?
0.4% of net income$35.6m of reported pay in fiscal 2025, against $10.1bn of net income.
- Good
Do they own the stock?
Insiders are buyingThe CEO holds 1,367,100 shares, directly or through trusts (unvested awards not counted): about 2.7 years of pay. 2 insiders bought $15.3m on the open market in the last six months, with their own money, near the lows. Sales: $2.0m.
- Watch
Are owners being diluted?
Share count growingDiluted shares changed +0.7% a year over the last three fiscal years. Stock-based pay was 3.5% of revenue in the latest year.
- Good
Is leadership stable?
7 leadership filings in 3 yearsCEO in the pay table: Mr. Khosrowshahi. 7 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Industrials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 3 | 55 | |
| Pay for performance | 89 | 86 | |
| CEO cost | 87 | 48 | |
| Skin in the game | 77 | 55 | |
| Dilution | 42 | 62 | |
| Stable leadership | 90 | 75 | |
| Clean books | 100 | 100 |
Closest peers
Nearest in rank in Industrials, by management score. Uber is 35th of 81 in its sector.
- 179SNASnap-on70
- 182JBHTJ.B. Hunt70
- 187UBERUber70
- 196DOVDover Corporation69
- 197IRIngersoll Rand69
- 198EMREmerson Electric69
Pay versus performance
From the proxy statement filed March 23, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Mr. Khosrowshahi | $35.6m | $66.7m | $15.5m | $160 | $258 | $10.1bn |
| 2024 | Mr. Khosrowshahi | $39.4m | $74.3m | $9.9m | $118 | $208 | $9.9bn |
| 2023 | Mr. Khosrowshahi | $24.2m | $109.7m | $10.4m | $121 | $152 | $1.9bn |
| 2022 | Mr. Khosrowshahi | $24.3m | −$8.9m | $9.6m | $48 | $97 | −$9.1bn |
| 2021 | — | $19.9m | $4.2m | $8.2m | $82 | $135 | −$496.0m |
The board says pay is tied most to Gross Bookings. Its other key measures: Adjusted EBITDA, Adjusted EBITDA less SBC, TSR, Safety, Autonomous Vehicles.
Insiders and the CEO's stake
Dara Khosrowshahi (Chief Executive Officer) held 1,367,100 shares directly after their latest Form 4 on Sep 10, 2026, roughly $97.0m at that filing's price.
2 insiders bought $15.3m on the open market in the last six months, with their own money, near the lows. Sales: $2.0m.
- BoughtDara KhosrowshahiChief Executive Officer$10.0mSep 10, 2026
- BoughtAndrew MacdonaldSee Remarks$5.3mSep 4, 2026
- SoldJill HazelbakerSee Remarks$2.0mSep 11, 2026
Leadership and governance on file
- May 11, 2026Leadership change8-K 5.02
- Feb 4, 2026Leadership change8-K 5.02
- Jun 4, 2025Leadership change8-K 5.02
- Jun 2, 2025Leadership change8-K 5.02
- Feb 7, 2025Leadership change8-K 5.02
- Nov 17, 2023Leadership change8-K 5.02
- Nov 7, 2023Leadership change8-K 5.02
- Sep 28, 2023Leadership change8-K 5.02
- Aug 1, 2023Leadership change8-K 5.02
- Jun 30, 2023Leadership change8-K 5.02
Latest shareholder vote results: May 8, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $7.8bn returned to owners in buybacks and dividends, 64% of net income, and $8.5bn of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $17.5bn | $31.9bn | $37.3bn | $44.0bn | $52.0bn |
| Net income | −$496.0m | −$9.1bn | $1.9bn | $9.9bn | $10.1bn |
| Stock-based pay | $1.2bn | $1.8bn | $1.9bn | $1.8bn | $1.8bn |
| Buybacks | — | $0 | $0 | $1.3bn | $6.5bn |
| Dividends | — | — | — | — | — |
| Diluted shares | 1896m | 1975m | 2092m | 2151m | 2120m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.