3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Rivian Automotive's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 112.17%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Rivian Automotive's 3-Year ROIIC % or its related term are showing as below:
RIVN's 3-Year ROIIC % is ranked better than 93.78% of 1254
companies
in the Vehicles & Parts industry
Industry Median: 4.175
vs RIVN: 112.17
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Rivian Automotive 3-Year ROIIC % Related Terms
Rivian Automotive 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Rivian Automotive's 3-Year ROIIC % 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.
For the Auto Manufacturers subindustry, Rivian Automotive's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Rivian Automotive's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Rivian Automotive's 3-Year ROIIC % falls into.
Rivian Automotive's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -3585 (Dec. 2025) - -6856 (Dec. 2022) )
/
( 7932 (Dec. 2025) - 5016 (Dec. 2022) )
=
3271
/
2916
=
112.17%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Rivian Automotive (RIVN) has a 3-Year ROIIC % of 112.17 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Rivian Automotive and its competitors. According to the industry distribution chart, Rivian Automotive ranks #78 out of 1254 companies in the Vehicles & Parts industry, placing it in the top 6.2%.
Is Rivian Automotive's 3-Year ROIIC % too high?
Rivian Automotive's current 3-Year ROIIC % is 112.17. The Vehicles & Parts industry median 3-Year ROIIC % is 4.18. Rivian Automotive's value of 112.17 is 2586.7% above this industry median. Based on the distribution chart, Rivian Automotive ranks #78 out of 1254 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Rivian Automotive has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rivian Automotive's 3-Year ROIIC % compare to NIO and LI?
According to the Vehicles & Parts industry distribution chart, Rivian Automotive ranks #78 out of 1254 companies for 3-Year ROIIC %. This places Rivian Automotive in the top 6% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 4.18. Rivian Automotive's value of 112.17 is 2586.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.18, based on 1,254 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rivian Automotive's current 3-Year ROIIC % of 112.17 is 2586.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Rivian Automotive and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rivian Automotive's current 3-Year ROIIC % is 112.17. 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 Modestly Overvalued. The stock's GF Value™ is $14.89, compared to a current price of $17.40 — trading 16.9% above its estimated fair value. The current 3-Year ROIIC % is 112.17 and 2586.7% above the Vehicles & Parts industry median of 4.18. Rivian Automotive's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Rivian Automotive (RIVN), the current 3-Year ROIIC % is 112.17 as of Dec. 2025. 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 $17.40 is trading 16.9% above its estimated GF Value™ of $14.89.
GuruFocus considers Rivian Automotive to be Modestly Overvalued.
Key valuation signals for RIVN:
3-Year ROIIC %: 112.17
GF Value™: $14.89 vs. price of $17.40 (16.9% above fair value)
Industry Position: 2586.7% above the Vehicles & Parts median (#78 of 1254)
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 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.
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