What is Nu Ride Profitability Rank?
Nu Ride has the Profitability Rank of 1. It has had trouble to make a profit.
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:
1.
Operating Margin %
2.
Piotroski F-Score
3. Trend of the
Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank
Nu Ride's Operating Margin % for the quarter that ended in Mar. 2024 was %. As of today, Nu Ride's Piotroski F-Score is 5.
Competitive Comparison of Nu Ride's Profitability Rank
For the Auto Manufacturers subindustry, Nu Ride's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nu Ride's Profitability Rank Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nu Ride's Profitability Rank distribution charts can be found below:
* The bar in red indicates where Nu Ride's Profitability Rank falls into.
Nu Ride Profitability Rank Calculation
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.
Nu Ride has the Profitability Rank of 1. It has had trouble to make a profit.
Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.
Profitability Rank is based on these factors:
1. Operating Margin %
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Nu Ride's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
2. Piotroski F-Score
The zones of discrimination were as such:
Good or high score = 8 or 9
Bad or low score = 0 or 1
Nu Ride has an F-score of 5 indicating the company's financial situation is typical for a stable company.
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank
Nu Ride (Nu Ride) Business Description
Traded in Other Exchanges
N/A
Address
2300 Hallock Young Road, Lordstown, OH, USA, 44481
Lordstown Motors Corp is an electric vehicle innovator developing high-quality light duty commercial fleet vehicles, with the Endurance all electric pick-up truck as its first vehicle being launched in the Lordstown, Ohio facility. The Company is in its final design and testing phase related to their production of the Endurance and has yet to bring a completed product to market.
Executives
| Stephen S. Burns |
director, officer: Chief Executive Officer |
C/O ADVANCED MECHANICAL PRODUCTS, INC., 4540 ALPINE ROAD, BLUE ASH OH 45242 |
| Anderson Joseph B Jr |
director |
MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186 |
| Edward T. Hightower |
officer: President |
C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481 |
| Donna Bell |
officer: EVP, PROD CRTN, ENG & SUPP CHN |
C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481 |
| Jane Ritson-parsons |
officer: CHIEF OPERATING OFFICER |
C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481 |
| Laura J. Soave |
director |
C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481 |
| Daniel A Ninivaggi |
director, officer: CHIEF EXECUTIVE OFFICER |
C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153 |
| Melissa A. Leonard |
officer: EVP, GEN. COUNSEL & SECRETARY |
C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481 |
| Adam B Kroll |
officer: CHIEF FINANCIAL OFFICER |
475 QUAKER MEETING HOUSE RD, HONEOYE FALLS NY 14472 |
| Rebecca A Roof |
officer: Interim CFO |
C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481 |
| Chuan D. Vo |
officer: Vice President of Propulsion |
C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481 |
| Julio C. Rodriguez |
officer: Chief Financial Officer |
315 CHELSEY CT., ALPHARETTA GA 30004 |
| Darren Post |
officer: Vice President of Engineering |
C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481 |
| Phil Richard Schmidt |
officer: Chief Production Officer |
C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481 |
| Shane Brown |
officer: Chief Production Officer |
2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481 |
Nu Ride (Nu Ride) Headlines
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