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Rivian Automotive (MEX:RIVN) Net Margin % : -125.86% (As of Sep. 2024)


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What is Rivian Automotive Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rivian Automotive's Net Income for the three months ended in Sep. 2024 was MXN-21,659 Mil. Rivian Automotive's Revenue for the three months ended in Sep. 2024 was MXN17,209 Mil. Therefore, Rivian Automotive's net margin for the quarter that ended in Sep. 2024 was -125.86%.

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

MEX:RIVN' s Net Margin % Range Over the Past 10 Years
Min: -8523.64   Med: -407.24   Max: -121.38
Current: -121.38


MEX:RIVN's Net Margin % is ranked worse than
96.37% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 3.08 vs MEX:RIVN: -121.38

Rivian Automotive Net Margin % Historical Data

The historical data trend for Rivian Automotive'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.

* Premium members only.

Rivian Automotive Net Margin % Chart

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
- - -8,523.64 -407.24 -122.51

Rivian Automotive Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -102.24 -115.67 -120.10 -125.82 -125.86

Competitive Comparison of Rivian Automotive's Net Margin %

For the Auto Manufacturers subindustry, Rivian Automotive'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.


Rivian Automotive's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rivian Automotive's Net Margin % distribution charts can be found below:

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



Rivian Automotive 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.

Rivian Automotive's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-92204.115/75263.816
=-122.51 %

Rivian Automotive's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-21659.33/17209.322
=-125.86 %

* 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  (MEX:RIVN) 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.


Rivian Automotive Net Margin % Related Terms

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Rivian Automotive Business Description

Traded in Other Exchanges
Address
14600 Myford Road, Irvine, CA, USA, 92606
Rivian Automotive Inc designs, develops, and manufactures category-defining electric vehicles and accessories. In the consumer market, the company launched the R1 platform with the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV).