Rivian Automotive Inc (RIVN)
9.21
+0.31
(+3.48%)
USD |
NASDAQ |
May 01, 16:00
9.30
+0.09
(+0.98%)
After-Hours: 20:00
Rivian Automotive Gross Profit Margin (Quarterly): -46.08% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | -46.08% |
| September 30, 2023 | -35.68% |
| June 30, 2023 | -36.75% |
| March 31, 2023 | -80.94% |
| December 31, 2022 | -150.8% |
| Date | Value |
|---|---|
| September 30, 2022 | -171.1% |
| June 30, 2022 | -193.4% |
| March 31, 2022 | -528.4% |
| December 31, 2021 | -709.3% |
| September 30, 2021 | -8.20K% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-8.20K%
Minimum
Sep 2021
-35.68%
Maximum
Sep 2023
-1.02K%
Average
-161.0%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Ford Motor Co | 8.42% |
| Fisker Inc | -126.6% |
| Lucid Group Inc | -160.9% |
| Canoo Inc | -300.8% |
| Tesla Inc | 17.35% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -46.87% |
| Return on Assets | -31.39% |
| Return on Invested Capital | -37.85% |
| Profit Margin (Quarterly) | -115.7% |
| Operating Margin (Quarterly) | -120.2% |
| Return on Net Operating Assets | -67.19% |