RIVN (Rivian Automotive) EBIT: $-3,232 Mil (TTM As of Mar. 2026)


RIVN Rivian Automotive Inc RIVN
49 GF Score
Price $14.64
GF Value $14.44
Valuation Fairly Valued
! 2 Warning Signs
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What is Rivian Automotive EBIT?

Rivian Automotive RIVN -1.71% 49 EBIT is $-3,232 Mil as of Mar. 2026. GuruFocus rates RIVN with a GF Score™ of 49/100 and a GF Value™ of $14.44 (Fairly Valued). The stock has 2 warning signs investors should review.

Rivian Automotive's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-353 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-3,232 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rivian Automotive's annualized ROC % for the quarter that ended in Mar. 2026 was -42.07%. Rivian Automotive's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -22.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rivian Automotive's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -15.09%.


Rivian Automotive  (NAS:RIVN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Rivian Automotive's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-3524 * ( 1 - 0.48% )/( (7932 + 8742)/ 2 )
=-3507.0848/8337
=-42.07 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Rivian Automotive's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1412/( ( (5690 + max(477, 0)) + (6035 + max(416, 0)) )/ 2 )
=-1412/( ( 6167 + 6451 )/ 2 )
=-1412/6309
=-22.38 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(555 + 1594 + 361) - (2033 + 0 + 0)
=477

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(342 + 1543 + 330) - (1799 + 0 + 0)
=416

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Rivian Automotive's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-3232/21424.852
=-15.09 %

* 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.


Rivian Automotive EBIT Related Terms


Rivian Automotive EBIT Historical Data

* Premium members only.

The historical data trend for Rivian Automotive's EBIT can be seen below:

* 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.

Rivian Automotive EBIT Chart

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -4,659.00 -6,645.00 -5,211.00 -4,423.00 -3,346.00

Rivian Automotive Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -467.00 -1,044.00 -1,098.00 -737.00 -353.00

RIVN vs XPEV, LI, NIO: EBIT Comparison

For the Auto Manufacturers subindustry, Rivian Automotive's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Rivian Automotive EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rivian Automotive's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rivian Automotive's EV-to-EBIT falls into.


RIVN
49GF Score
Rivian Automotive Inc RIVN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Rivian Automotive EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3,232 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-3,232 Mil mean?
Rivian Automotive (RIVN) has a EBIT of $-3,232 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rivian Automotive.
Is Rivian Automotive's EBIT too high?
Rivian Automotive's current EBIT is $-3,232 Mil. Overall, Rivian Automotive has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rivian Automotive's EBIT compare to XPEV and LI?
Rivian Automotive's EBIT of $-3,232 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rivian Automotive. Rivian Automotive's current EBIT is $-3,232 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rivian Automotive stock overvalued right now?
Based on GuruFocus' analysis, Rivian Automotive (RIVN) is currently considered Fairly Valued. The stock's GF Value™ is $14.44, compared to a current price of $14.64 — trading 1.4% above its estimated fair value. The current EBIT is $-3,232 Mil. Rivian Automotive's overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Rivian Automotive (RIVN), the current EBIT is $-3,232 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rivian Automotive (RIVN) Overvalued in 2026?

Based on GuruFocus' analysis, Rivian Automotive stock appears to be overvalued. The current stock price of $14.64 is trading 1.4% above its estimated GF Value™ of $14.44. GuruFocus considers Rivian Automotive to be Fairly Valued.

Key valuation signals for RIVN:

  • EBIT: $-3,232 Mil
  • GF Value™: $14.44 vs. price of $14.64 (1.4% above fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the RIVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rivian Automotive Business Description

Address 14600 Myford Road, Irvine, CA, USA, 92606
Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles and for robotaxis on the Uber ride-hailing network.
49GF Score

Get the complete analysis for RIVN

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.64
Price
$14.44
GF Value