REE Automotive (REE Automotive) Net Margin % : -7,743.52% (As of Dec. 2023)

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What is REE Automotive Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. REE Automotive's Net Income for the three months ended in Dec. 2023 was $-35.23 Mil. REE Automotive's Revenue for the three months ended in Dec. 2023 was $0.46 Mil. Therefore, REE Automotive's net margin for the quarter that ended in Dec. 2023 was -7,743.52%.

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

REE' s Net Margin % Range Over the Past 10 Years
Min: -8422166.67 Med: -12277.15 Max: -1790.75
Current: -8928.57

REE's Net Margin % is ranked worse than
99.3% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 3.385 vs REE: -8928.57

REE Automotive Net Margin % Historical Data

The historical data trend for REE 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.

REE Automotive Net Margin % Chart

REE Automotive Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-1,790.75

-17,451.80

-8,422,166.67

-7,102.49

REE Automotive Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial										-	-	-	-11,496.19	-7,743.52

Competitive Comparison of REE Automotive's Net Margin %

For the Recreational Vehicles subindustry, REE 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.

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

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

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

REE 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.

REE 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 )
	=	-114.208	/	1.608
	=	-7,102.49 %

REE Automotive's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-35.233	/	0.455
	=	-7,743.52 %

REE Automotive (NAS:REE) 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.

REE Automotive Net Margin % Related Terms

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REE Automotive (REE Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » REE Automotive Ltd (NAS:REE) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kibbutz Glil-Yam, Herzliya, ISR, 4690500

Website

https://www.ree.auto

REE Automotive Ltd is a technology company whose mission is to be the cornerstone for zero-emission electric and autonomous vehicles. Company aims to empower the companies, such as original equipment manufacturers, or OEMs, delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, Mobility-as-a-Service providers and autonomous drive companies, in the build-out of any size or shape of electric or autonomous vehicle - from Class 1 through Class 6, focusing primarily on Class 3 through 5 platform models on the P7 EV platform. Geographical preference in Israel, Germany, Norway, U.S, and Rest of the world.

Executives

David Weisburd	other: Member of Sponsor	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas	director	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007