Is Uber Stock Cheap, Or Is The Cash Already Spent? Uber's free cash flow has been underutilized, or so the narrative goes.
However, upon closer inspection, it appears that the company's cash is being allocated according to a predetermined plan. This notion may be overstated.
Over the past three years, Uber's operating margin has increased steadily from 8. 9% to 12. 1%. While this still lags behind the S&P 500 median of 18.