Rivian Automotive Inc (RIVN)
10.13
-0.07
(-0.69%)
USD |
NASDAQ |
May 16, 16:00
10.14
+0.01
(+0.10%)
After-Hours: 20:00
Rivian Automotive Gross Profit Margin (Quarterly): -43.77% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
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% |
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
-926.9%
Average
-150.8%
Median
Dec 2022
Gross Profit Margin (Quarterly) Benchmarks
Ford Motor Co | 8.42% |
Fisker Inc | -126.6% |
Lucid Group Inc | -134.3% |
Canoo Inc | -300.8% |
Tesla Inc | 17.35% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -52.94% |
Return on Assets | -32.76% |
Return on Invested Capital | -39.93% |
Profit Margin (Quarterly) | -120.1% |
Operating Margin (Quarterly) | -123.3% |
Return on Net Operating Assets | -67.81% |