Rivian Automotive Inc (RIVN)
10.07
+0.02
(+0.20%)
USD |
NASDAQ |
Nov 21, 11:51
Rivian Automotive Gross Profit Margin (Quarterly): -44.85% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | -44.85% |
| June 30, 2024 | -38.95% |
| March 31, 2024 | -43.77% |
| December 31, 2023 | -46.08% |
| September 30, 2023 | -35.68% |
| June 30, 2023 | -36.75% |
| March 31, 2023 | -80.94% |
| Date | Value |
|---|---|
| December 31, 2022 | -150.8% |
| 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
-790.8%
Average
-80.94%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
| Ford Motor Co | 7.22% |
| Lucid Group Inc | -106.2% |
| Tesla Inc | 19.84% |
| General Motors Co | 13.12% |
| Canoo Inc | 80.92% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -68.23% |
| Return on Assets | -35.15% |
| Return on Invested Capital | -43.80% |
| Profit Margin (Quarterly) | -125.9% |
| Operating Margin (Quarterly) | -133.8% |
| Return on Net Operating Assets | -67.73% |