Nikola (MEX:NKLA) Net Margin %: -9,805.79% (As of Dec. 2024)


MEX:NKLA Nikola Corp MEX:NKLA
12 GF Score
Price MXN3.79
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What is Nikola Net Margin %?

Nikola MEX:NKLA 12 Net Margin % is -9,805.79% as of Dec. 2024. GuruFocus rates MEX:NKLA with a GF Score™ of 12/100.

Net margin is calculated as Net Income divided by its Revenue. Nikola's Net Income for the three months ended in Dec. 2024 was MXN-9,949 Mil. Nikola's Revenue for the three months ended in Dec. 2024 was MXN101 Mil. Therefore, Nikola's net margin for the quarter that ended in Dec. 2024 was -9,805.79%.

The historical rank and industry rank for Nikola's Net Margin % or its related term are showing as below:


MEX:NKLA's Net Margin % is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 5.14
* Ranked among companies with meaningful Net Margin % only.

Nikola  (MEX:NKLA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Nikola Net Margin % Related Terms

Nikola Net Margin % Historical Data

* Premium members only.

The historical data trend for Nikola's Net Margin % 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.

Nikola Net Margin % Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial -390,331.53 0.00 -1,577.15 -2,696.17 -1,391.52

Nikola Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Margin % 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 -1,331.91 -1,970.42 -426.81 -793.38 -9,805.79

MEX:NKLA vs NMHI, GP, CAT: Net Margin % Comparison

For the Farm & Heavy Construction Machinery subindustry, Nikola's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Nikola Net Margin % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Nikola's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nikola's Net Margin % falls into.


MEX:NKLA
12GF Score
Nikola Corp MEX:NKLA
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikola Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Nikola's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=-19984.537/1436.165
=-1,391.52 %

Nikola's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-9949.253/101.463
=-9,805.79 %

* 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 Net Margin % →
What does a Net Margin % of -9,805.79% mean?
Nikola (MEX:NKLA) has a Net Margin % of -9,805.79% as of Dec. 2024. Net margin is the ratio of total net income to net sales. View historical data on Nikola and its competitors.
Is Nikola's Net Margin % too high?
Nikola's current Net Margin % is -9,805.79%. Overall, Nikola has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nikola's Net Margin % compare to NMHI and GP?
Nikola's Net Margin % of -9,805.79% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Net Margin % is 5.14. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Farm & Heavy Construction Machinery company?
The median Net Margin % among Farm & Heavy Construction Machinery companies is 5.14, based on 211 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Nikola and its competitors. For the Farm & Heavy Construction Machinery industry, the median Net Margin % is 5.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikola's current Net Margin % is -9,805.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikola stock overvalued right now?
Nikola (MEX:NKLA) has a current Net Margin % of -9,805.79%. The current Net Margin % is -9,805.79%. Nikola's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Nikola (MEX:NKLA), the current Net Margin % is -9,805.79% as of Dec. 2024. 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.

Nikola Business Description

Address P.O. Box 27028, Tempe, AZ, USA, 85285
Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit is engaged in manufacturing and selling FCEV and BEV trucks that provide environmentally friendly, cost-effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet the hydrogen fuel demand for the company's customers, as well as other third-party customers.
12GF Score

Get the complete analysis for MEX:NKLA

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

MXN3.79
Price