rivian automotive inc. - RIVN

RIVN

Close Chg Chg %
10.02 0.22 2.20%

Closed Market

10.24

+0.22 (2.20%)

Volume: 30.58M

Last Updated:

Nov 22, 2024, 4:00 PM EDT

Company Overview: rivian automotive inc. - RIVN

RIVN Key Data

Open

$10.01

Day Range

10.00 - 10.57

52 Week Range

8.26 - 24.61

Market Cap

$10.10B

Shares Outstanding

1.01B

Public Float

730.51M

Beta

2.05

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$5.60

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

41.59M

 

RIVN Performance

1 Week
 
-0.40%
 
1 Month
 
-4.11%
 
3 Months
 
-28.22%
 
1 Year
 
-39.01%
 
5 Years
 
N/A
 

RIVN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 29
Full Ratings ➔

About rivian automotive inc. - RIVN

Rivian Automotive, Inc. engages in the design, development, and manufacture of category-defining electric vehicles and accessories. The company was founded by Robert J. Scaringe in June 2009 and is headquartered in Irvine, CA.

RIVN At a Glance

Rivian Automotive, Inc.
14600 Myford Road
Irvine, California 92606
Phone 1-866-460-2410 Revenue 4.43B
Industry Motor Vehicles Net Income -5,432,000,000.00
Sector Consumer Durables 2023 Sales Growth 167.431%
Fiscal Year-end 12 / 2024 Employees 16,790
View SEC Filings

RIVN Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 5.011
Price to Book Ratio 2.484
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -3.70
Enterprise Value to Sales 4.007
Total Debt to Enterprise Value 0.277

RIVN Efficiency

Revenue/Employee 264,085.765
Income Per Employee -323,525.908
Receivables Turnover 27.54
Total Asset Turnover 0.255

RIVN Liquidity

Current Ratio 4.951
Quick Ratio 3.897
Cash Ratio 3.767

RIVN Profitability

Gross Margin -52.007
Operating Margin -129.432
Pretax Margin -122.485
Net Margin -122.508
Return on Assets -31.187
Return on Equity -47.358
Return on Total Capital -38.634
Return on Invested Capital -37.062

RIVN Capital Structure

Total Debt to Total Equity 53.812
Total Debt to Total Capital 34.986
Total Debt to Total Assets 29.005
Long-Term Debt to Equity 52.85
Long-Term Debt to Total Capital 34.36
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Rivian Automotive Inc. - RIVN

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
- 55.00M 1.66B 4.43B
Sales Growth
- - +2,914.55% +167.43%
-
Cost of Goods Sold (COGS) incl D&A
29.00M 717.00M 4.96B 6.74B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
29.00M 197.00M 652.00M 937.00M
Depreciation
29.00M 197.00M 652.00M 937.00M
Amortization of Intangibles
- - - -
-
COGS Growth
+314.29% +2,372.41% +591.49% +35.94%
Gross Income
(29.00M) (662.00M) (3.30B) (2.31B)
Gross Income Growth
-314.29% -2,182.76% -398.49% +30.12%
Gross Profit Margin
- -1,203.64% -199.03% -52.01%
2020 2021 2022 2023 5-year trend
SG&A Expense
992.00M 2.90B 3.56B 3.43B
Research & Development
766.00M 1.85B 1.85B 1.86B
Other SG&A
226.00M 1.04B 1.71B 1.58B
SGA Growth
+146.77% +191.83% +22.83% -3.46%
Other Operating Expense
- - - 663.00M
-
Unusual Expense
- - - 441.00M
-
EBIT after Unusual Expense
(1.02B) (4.66B) (6.86B) (5.74B)
Non Operating Income/Expense
11.00M 2.00M 211.00M 528.00M
Non-Operating Interest Income
10.00M 3.00M 193.00M 522.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
8.00M 29.00M 103.00M 220.00M
Interest Expense Growth
-76.47% +262.50% +255.17% +113.59%
Gross Interest Expense
8.00M 29.00M 103.00M 220.00M
Interest Capitalized
- - - -
-
Pretax Income
(1.02B) (4.69B) (6.75B) (5.43B)
Pretax Income Growth
-138.97% -360.51% -43.94% +19.52%
Pretax Margin
- -8,523.64% -407.00% -122.49%
Income Tax
- - 4.00M 1.00M
-
Income Tax - Current - Domestic
- - - -
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - (1.00M)
-
Consolidated Net Income
(1.02B) (4.69B) (6.75B) (5.43B)
Minority Interest Expense
- - - -
-
Net Income
(1.02B) (4.69B) (6.75B) (5.43B)
Net Income Growth
-139.20% -360.06% -44.03% +19.55%
Net Margin Growth
- -8,523.64% -407.24% -122.51%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(1.02B) (4.69B) (6.75B) (5.43B)
Preferred Dividends
- - - -
-
Net Income Available to Common
(1.02B) (4.69B) (6.75B) (5.43B)
EPS (Basic)
-1.1307 -5.2057 -7.3954 -5.736
EPS (Basic) Growth
-138.95% -360.40% -42.06% +22.44%
Basic Shares Outstanding
900.32M 900.55M 913.00M 947.00M
EPS (Diluted)
-1.1307 -5.2057 -7.3954 -5.736
EPS (Diluted) Growth
-138.95% -360.40% -42.06% +22.44%
Diluted Shares Outstanding
900.32M 900.55M 913.00M 947.00M
EBITDA
(992.00M) (4.02B) (6.20B) (4.80B)
EBITDA Growth
-146.77% -305.54% -54.21% +22.60%
EBITDA Margin
- -7,314.55% -374.19% -108.30%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 14.652
Number of Ratings 29 Current Quarters Estimate -0.683
FY Report Date 12 / 2024 Current Year's Estimate -4.131
Last Quarter’s Earnings -0.972 Median PE on CY Estimate N/A
Year Ago Earnings -4.88 Next Fiscal Year Estimate -2.815
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 24 14 25 25
Mean Estimate -0.68 -0.73 -4.13 -2.82
High Estimates -0.56 -0.52 -3.72 -2.13
Low Estimate -0.92 -0.90 -4.83 -3.90
Coefficient of Variance -13.87 -16.82 -8.23 -15.27

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 11 13
OVERWEIGHT 3 3 3
HOLD 14 12 10
UNDERWEIGHT 1 1 1
SELL 1 2 2
MEAN Overweight Overweight Overweight

Insider Actions for Rivian Automotive Inc. - RIVN

Date Name Shares Transaction Value
Aug 20, 2024 Claire McDonough Chief Financial Officer 392,662 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.57 per share 5,328,423.34
Aug 20, 2024 Claire McDonough Chief Financial Officer 395,872 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.25 per share 5,245,304.00
Aug 20, 2024 Robert Joseph Scaringe Chief Executive Officer; Director 886,526 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $13.25 per share 11,746,469.50
Jul 25, 2024 Robert Joseph Scaringe Chief Executive Officer; Director 945,407 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $2.63 per share 2,486,420.41
Jul 25, 2024 Robert Joseph Scaringe Chief Executive Officer; Director 8,213,834 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 25, 2024 Robert Joseph Scaringe Chief Executive Officer; Director 8,249,550 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 25, 2024 Robert Joseph Scaringe Chief Executive Officer; Director 909,691 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $17.02 per share 15,482,940.82
Jul 25, 2024 Peter A. Krawiec Director 61,659 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 25, 2024 Robert Joseph Scaringe Chief Executive Officer; Director 909,691 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $17.02 per share 15,482,940.82
Jul 25, 2024 Sanford H. Schwartz Director 167,903 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 25, 2024 Rose Marcario Director 105,633 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 17, 2024 Robert Joseph Scaringe Chief Executive Officer; Director 8,285,263 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Apr 25, 2024 Pamela A. Thomas-Graham Director 56,279 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2024 Kjell Gruner Chief Commercial Officer 407,787 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $12.81 per share 5,223,751.47
Mar 13, 2024 Jeffrey R. Baker Chief Accounting Officer 52,415 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.18 per share 690,829.70
Mar 6, 2024 Kjell Gruner Chief Commercial Officer 427,722 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $11.32 per share 4,841,813.04
Mar 6, 2024 Jeffrey R. Baker Chief Accounting Officer 83,840 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $11.32 per share 949,068.80

Rivian Automotive Inc. in the News