Rivian Automotive Inc (RIVN)
10.06
-0.25
(-2.42%)
USD |
NASDAQ |
Nov 15, 16:00
10.12
+0.06
(+0.60%)
After-Hours: 05:44
Rivian Automotive Gross Profit Margin (Annual)
Gross Profit Margin (Annual) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Gross Profit Margin (Annual) Data
| Date | Value |
|---|---|
| December 31, 2023 | -- |
| December 31, 2022 | -- |
| Date | Value |
|---|---|
| December 31, 2021 | -- |
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.