Comprehensive Stock Comparison

Compare Rivian Automotive, Inc. (RIVN) vs Li Auto Inc. (LI) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthLI16.7% revenue growth vs RIVN's 8.4%
Quality / MarginsLI3.6% net margin vs RIVN's -67.7%
Stability / SafetyLIBeta 0.77 vs RIVN's 1.16, lower leverage
DividendsTieNeither pays a meaningful dividend
Momentum (1Y)RIVN+29.5% vs LI's -42.8%
Efficiency (ROA)LI2.9% ROA vs RIVN's -24.5%, ROIC 209.3% vs -41.2%
Bottom line: LI leads in 4 of 6 categories, making it the stronger pick for investors who prioritize growth and revenue expansion and profitability and margin quality. Rivian Automotive, Inc. is the better choice for recent price momentum and sentiment. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

RIVNRivian Automotive, Inc.
Consumer Cyclical

Rivian is an electric vehicle manufacturer that designs and produces premium electric pickup trucks, SUVs, and commercial delivery vans. It generates revenue primarily from direct-to-consumer vehicle sales—with its R1T truck and R1S SUV as core products—and from commercial vehicle sales to partners like Amazon, which holds a significant stake. The company's key advantage lies in its vertically integrated "skateboard" platform—a flexible battery and chassis architecture that enables rapid vehicle development and customization.

LILi Auto Inc.
Consumer Cyclical

Li Auto is a Chinese premium electric vehicle manufacturer specializing in smart SUVs and MPVs. It generates revenue primarily from vehicle sales — with additional income from charging solutions, accessories, and software services — though vehicle sales dominate its revenue mix. The company's competitive advantage lies in its extended-range electric vehicle technology that eliminates range anxiety, combined with its premium brand positioning in China's growing EV market.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

RIVNRivian Automotive, Inc.
FY 2025
Automotive
71.1%$3.8B
Software And Services
28.9%$1.6B
LILi Auto Inc.
FY 2024
Vehicle sales
95.9%$138.5B
Other Sales And Services
4.1%$5.9B

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

LI 2RIVN 1
Financial MetricsLI4/6 metrics
Valuation MetricsRIVN2/3 metrics
Profitability & EfficiencyLI7/8 metrics
Total ReturnsTie3/6 metrics
Risk & VolatilityTie1/2 metrics
Analyst Outlook0/0 metrics

LI leads in 2 of 6 categories (Financial Metrics, Profitability & Efficiency). RIVN leads in 1 (Valuation Metrics). 2 tied.

Financial Metrics (TTM)

LI is the larger business by revenue, generating $125.7B annually — 23.3x RIVN's $5.4B. LI is the more profitable business, keeping 3.6% of every revenue dollar as net income compared to RIVN's -67.7%. On growth, RIVN holds the edge at -25.8% YoY revenue growth, suggesting stronger near-term business momentum.

MetricRIVNRivian Automotive…LILi Auto Inc.
RevenueTrailing 12 months$5.4B$125.7B
EBITDAEarnings before interest/tax-$2.8B$5.4B
Net IncomeAfter-tax profit-$3.6B$4.5B
Free Cash FlowCash after capex-$2.5B-$7.7B
Gross MarginGross profit ÷ Revenue+1.3%+19.4%
Operating MarginEBIT ÷ Revenue-66.5%+2.3%
Net MarginNet income ÷ Revenue-67.7%+3.6%
FCF MarginFCF ÷ Revenue-46.2%-6.1%
Rev. Growth (YoY)Latest quarter vs prior year-25.8%-36.5%
EPS Growth (YoY)Latest quarter vs prior year+6.1%-123.3%
LI leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

MetricRIVNRivian Automotive…LILi Auto Inc.
Market CapShares × price$61M$35.3B
Enterprise ValueMkt cap + debt − cash$1.5B$28.1B
Trailing P/EPrice ÷ TTM EPS-4.99x16.00x
Forward P/EPrice ÷ next-FY EPS est.3.73x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple20.46x
Price / SalesMarket cap ÷ Revenue0.01x1.68x
Price / BookPrice ÷ Book value/share3.93x1.80x
Price / FCFMarket cap ÷ FCF29.53x
RIVN leads this category, winning 2 of 3 comparable metrics.

Profitability & Efficiency

LI delivers a 6.2% return on equity — every $100 of shareholder capital generates $6 in annual profit, vs $-79 for RIVN. LI carries lower financial leverage with a 0.23x debt-to-equity ratio, signaling a more conservative balance sheet compared to RIVN's 1.08x.

MetricRIVNRivian Automotive…LILi Auto Inc.
ROE (TTM)Return on equity-78.9%+6.2%
ROA (TTM)Return on assets-24.5%+2.9%
ROICReturn on invested capital-41.2%+2.1%
ROCEReturn on capital employed-29.5%+7.8%
Piotroski ScoreFundamental quality 0–955
Debt / EquityFinancial leverage1.08x0.23x
Net DebtTotal debt minus cash$1.4B-$49.6B
Cash & Equiv.Liquid assets$3.6B$65.9B
Total DebtShort + long-term debt$5.0B$16.3B
Interest CoverageEBIT ÷ Interest expense-17.87x28.54x
LI leads this category, winning 7 of 8 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in LI five years ago would be worth $6,802 today (with dividends reinvested), compared to $1,522 for RIVN. Over the past 12 months, RIVN leads with a +29.5% total return vs LI's -42.8%. The 3-year compound annual growth rate (CAGR) favors RIVN at -7.4% vs LI's -9.3% — a key indicator of consistent wealth creation.

MetricRIVNRivian Automotive…LILi Auto Inc.
YTD ReturnYear-to-date-21.0%+2.0%
1-Year ReturnPast 12 months+29.5%-42.8%
3-Year ReturnCumulative with dividends-20.6%-25.5%
5-Year ReturnCumulative with dividends-84.8%-32.0%
10-Year ReturnCumulative with dividends-84.8%+6.9%
CAGR (3Y)Annualised 3-year return-7.4%-9.3%
Evenly matched — RIVN and LI each lead in 3 of 6 comparable metrics.

Risk & Volatility

LI is the less volatile stock with a 0.77 beta — it tends to amplify market swings less than RIVN's 1.16 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. RIVN currently trades 67.6% from its 52-week high vs LI's 54.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricRIVNRivian Automotive…LILi Auto Inc.
Beta (5Y)Sensitivity to S&P 5001.16x0.77x
52-Week HighHighest price in past year$22.69$32.03
52-Week LowLowest price in past year$10.36$15.71
% of 52W HighCurrent price vs 52-week peak+67.6%+54.9%
RSI (14)Momentum oscillator 0–10048.949.4
Avg Volume (50D)Average daily shares traded26.8M3.5M
Evenly matched — RIVN and LI each lead in 1 of 2 comparable metrics.

Analyst Outlook

Wall Street rates RIVN as "Buy" and LI as "Hold". Consensus price targets imply 22.9% upside for LI (target: $22) vs 19.9% for RIVN (target: $18).

MetricRIVNRivian Automotive…LILi Auto Inc.
Analyst RatingConsensus buy/hold/sellBuyHold
Price TargetConsensus 12-month target$18.38$21.62
# AnalystsCovering analysts2815
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%
Insufficient data to determine a leader in this category.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockNov 21Feb 26Change
Rivian Automotive, … (RIVN)10014.34-85.7%
Li Auto Inc. (LI)10047.12-52.9%

Li Auto Inc. (LI) returned -32% over 5 years vs Rivian Automotive, … (RIVN)'s -85%.

Chart 2Revenue Growth — 10 Years

Stock20182025Change
Rivian Automotive, … (RIVN)$0.00$5.4B
Li Auto Inc. (LI)$0.00$144.5B

Chart 3Net Margin Trend — 10 Years

Stock20192025Change
Rivian Automotive, … (RIVN)-85.2%-67.7%+20.6%
Li Auto Inc. (LI)-8.6%5.6%+164.8%

Chart 4EPS Growth — 10 Years

Stock20182025Change
Rivian Automotive, … (RIVN)-4.35-3.07+29.4%
Li Auto Inc. (LI)-2.127.54+455.7%

Chart 5Free Cash Flow — 5 Years

2021
$-4B
$5B
2022
$-6B
$2B
2023
$-6B
$44B
2024
$-3B
$8B
2025
$-2B
Rivian Automotive, … (RIVN)Li Auto Inc. (LI)

Rivian Automotive, Inc. generated $-2B FCF in 2025 (+44% vs 2021). Li Auto Inc. generated $8B FCF in 2024 (+68% vs 2021).

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RIVN vs LI: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is RIVN or LI a better buy right now?

Li Auto Inc. (LI) offers the better valuation at 16.0x trailing P/E (3.7x forward), making it the more compelling value choice. Analysts rate Rivian Automotive, Inc. (RIVN) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — RIVN or LI?

Over the past 5 years, Li Auto Inc. (LI) delivered a total return of -32.0%, compared to -84.8% for Rivian Automotive, Inc. (RIVN). A $10,000 investment in LI five years ago would be worth approximately $7K today (assuming dividends reinvested). Over 10 years, the gap is even starker: LI returned +6.9% versus RIVN's -84.8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — RIVN or LI?

By beta (market sensitivity over 5 years), Li Auto Inc. (LI) is the lower-risk stock at 0.77β versus Rivian Automotive, Inc.'s 1.16β — meaning RIVN is approximately 51% more volatile than LI relative to the S&P 500. On balance sheet safety, Li Auto Inc. (LI) carries a lower debt/equity ratio of 23% versus 108% for Rivian Automotive, Inc. — giving it more financial flexibility in a downturn.

04

Which has better profit margins — RIVN or LI?

Li Auto Inc. (LI) is the more profitable company, earning 5.6% net margin versus -67.7% for Rivian Automotive, Inc. — meaning it keeps 5.6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LI leads at 4.4% versus -66.5% for RIVN. At the gross margin level — before operating expenses — LI leads at 20.5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

05

Is RIVN or LI more undervalued right now?

Analyst consensus price targets imply the most upside for LI: 22.9% to $21.62.

06

Which pays a better dividend — RIVN or LI?

None of the stocks in this comparison currently pay a material dividend. All are effectively zero-yield and should be held for capital appreciation rather than income.

07

Is RIVN or LI better for a retirement portfolio?

For long-horizon retirement investors, Li Auto Inc. (LI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.77)). Both have compounded well over 10 years (LI: +6.9%, RIVN: -84.8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

08

What are the main differences between RIVN and LI?

Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. In terms of investment character: RIVN is a small-cap quality compounder stock; LI is a mid-cap deep-value stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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Revenue Growth>
%
(RIVN: -25.8% · LI: -36.5%)