Rivian Automotive Inc (RIVN)
9.04
+0.52
(+6.10%)
USD |
NASDAQ |
Apr 26, 16:00
9.18
+0.14
(+1.55%)
After-Hours: 07:37
Rivian Automotive Gross Profit Margin
Gross Profit Margin Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Gross Profit Margin Data
Date | Value |
---|---|
December 31, 2023 | -- |
September 30, 2023 | -- |
June 30, 2023 | -- |
March 31, 2023 | -- |
Date | Value |
---|---|
December 31, 2022 | -- |
September 30, 2022 | -- |
June 30, 2022 | -- |
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.