Rivian Automotive Inc (RIVN)
16.77
-0.55
(-3.18%)
USD |
NASDAQ |
Nov 30, 16:00
16.86
+0.09
(+0.54%)
After-Hours: 20:00
Rivian Automotive Gross Profit Margin (Quarterly): -35.68% for Sept. 30, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
September 30, 2023 | -35.68% |
June 30, 2023 | -36.75% |
March 31, 2023 | -80.94% |
December 31, 2022 | -150.8% |
September 30, 2022 | -171.1% |
Date | Value |
---|---|
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
-1.12K%
Average
-171.1%
Median
Sep 2022
Gross Profit Margin (Quarterly) Benchmarks
Ford Motor Co | 14.28% |
Fisker Inc | -45.61% |
Lucid Group Inc | -240.8% |
Tesla Inc | 17.89% |
Canoo Inc | -73.99% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -43.92% |
Return on Assets | -31.73% |
Return on Invested Capital | -37.68% |
Profit Margin (Quarterly) | -102.2% |
Operating Margin (Quarterly) | -107.7% |
Return on Net Operating Assets | -72.36% |