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REE Automotive Ltd. (REE) 10-Year Financial Performance & Capital Metrics

REE • • Industrial / General
Consumer CyclicalRecreational VehiclesElectric Mobility & ComponentsElectric Vehicle & Powertrain Developers
AboutREE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.Show more
  • Revenue $183K -88.6%
  • EBITDA -$76M +33.4%
  • Net Income -$112M +2.1%
  • EPS (Diluted) -7.01 +38.1%
  • Gross Margin -1911.48% -311.9%
  • EBITDA Margin -41501.09% -484.9%
  • Operating Margin -43239.89% -479.9%
  • Net Margin -61067.76% -759.8%
  • ROE -220.85% -145.1%
  • ROIC -154.07% -84.7%
  • Debt/Equity 2.19 +342.1%
  • Interest Coverage -85.64
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Trading at only 0.5x book value

✗Weaknesses

  • ✗High debt to equity ratio of 2.2x
  • ✗Weak Piotroski F-Score: 1/9
  • ✗Negative free cash flow
  • ✗Shares diluted 57.9% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y212.44%
TTM-74.91%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-4.99%

EPS CAGR

10Y-
5Y-
3Y-
TTM37.29%

ROCE

10Y Avg-137.7%
5Y Avg-137.7%
3Y Avg-71.91%
Latest-80.41%

Peer Comparison

Electric Vehicle & Powertrain Developers
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Valuation
Per Share
Growth
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Momentum & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
EMPDEmpery Digital Inc.162.92M4.82-0.0023.8%-17.58%-10.54%19.89
EZGOEZGO Technologies Ltd.42.4M2.03-0.0332.75%-27.07%-18.15%0.24
REEREE Automotive Ltd.21.66M0.76-0.11-88.62%-483.57%-278.44%2.19
VMARVision Marine Technologies Inc.4.69M5.07-8.31395.85%-73.24%-438.83%1.07

Profit & Loss

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+388K6K01.61M183K
Revenue Growth %--0.98%-1%--0.89%
Cost of Goods Sold+647K995K547K9.07M3.68M
COGS % of Revenue1.67%165.83%-5.64%20.11%
Gross Profit+-259K-989K-547K-7.46M-3.5M
Gross Margin %-0.67%-164.83%--4.64%-19.11%
Gross Profit Growth %--2.82%0.45%-12.64%0.53%
Operating Expenses+67.84M514.51M127.42M112.43M75.63M
OpEx % of Revenue174.84%85751.17%-69.92%413.28%
Selling, General & Admin38.25M262.08M49.2M29.77M26.17M
SG&A % of Revenue98.58%43680.5%-18.51%143.01%
Research & Development29.59M252.42M78.22M82.66M49.46M
R&D % of Revenue76.26%42070.67%-51.41%270.27%
Other Operating Expenses00000
Operating Income+-68.1M-515.5M-127.97M-119.89M-79.13M
Operating Margin %-175.51%-85916%--74.56%-432.4%
Operating Income Growth %--6.57%0.75%0.06%0.34%
EBITDA+-67.93M-515.01M-123.06M-114.09M-75.95M
EBITDA Margin %-175.08%-85835.33%--70.95%-415.01%
EBITDA Growth %--6.58%0.76%0.07%0.33%
D&A (Non-Cash Add-back)166K484K4.91M5.8M3.18M
EBIT-68.1M-504.05M-105.67M-119.89M-108.77M
Net Interest Income+412K423K44.6M4.35M1.95M
Interest Income409K423K2.79M4.35M2.87M
Interest Expense-3K0-41.81M0924K
Other Income/Expense385K11.45M22.3M4.32M-30.56M
Pretax Income+-67.71M-504.05M-105.67M-115.57M-109.69M
Pretax Margin %-174.52%-84008.17%--71.87%-599.4%
Income Tax+01.28M1.75M-1.36M2.06M
Effective Tax Rate %0.99%1%1.02%0.99%1.02%
Net Income+-67.33M-505.33M-107.42M-114.21M-111.75M
Net Margin %-173.53%-84221.67%--71.02%-610.68%
Net Income Growth %--6.51%0.79%-0.06%0.02%
Net Income (Continuing)-67.71M-505.33M-107.42M-114.21M-111.75M
Discontinued Operations00000
Minority Interest00000
EPS (Diluted)+-8.83-64.34-10.98-11.32-7.01
EPS Growth %--6.29%0.83%-0.03%0.38%
EPS (Basic)-8.83-64.34-10.98-11.32-7.01
Diluted Shares Outstanding7.66M7.85M9.78M10.09M15.93M
Basic Shares Outstanding7.66M7.85M9.78M10.09M15.93M
Dividend Payout Ratio-----

Balance Sheet

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+47.93M288.07M165.68M93.5M82.51M
Cash & Short-Term Investments46.37M275.77M153.62M85.63M72.26M
Cash Only44.71M275.77M56.76M41.23M72.26M
Short-Term Investments1.67M096.86M44.4M0
Accounts Receivable261K1.28M2.74M740K1.54M
Days Sales Outstanding245.5377.68K-167.973.08K
Inventory271K00463K3.08M
Days Inventory Outstanding152.88--18.63304.91
Other Current Assets800K138K162K1.37M0
Total Non-Current Assets+1.08M4.86M49.34M44.4M47.77M
Property, Plant & Equipment755K2.67M43M38.52M42.17M
Fixed Asset Turnover0.51x0.00x-0.04x0.00x
Goodwill00000
Intangible Assets00000
Long-Term Investments02.19M6.34M5.88M5.6M
Other Non-Current Assets328K0000
Total Assets+49.01M292.94M215.01M137.9M130.28M
Asset Turnover0.01x0.00x-0.01x0.00x
Asset Growth %-4.98%-0.27%-0.36%-0.06%
Total Current Liabilities+3.23M20.56M20.04M35.18M36.18M
Accounts Payable970K4.54M6.17M3.7M5.6M
Days Payables Outstanding547.221.66K4.12K149555.48
Short-Term Debt002.75M15.02M18.01M
Deferred Revenue (Current)00943K00
Other Current Liabilities328K2.36M872K8.34M0
Current Ratio14.84x14.01x8.27x2.66x2.28x
Quick Ratio14.75x14.01x8.27x2.64x2.20x
Cash Conversion Cycle-148.81--37.62.83K
Total Non-Current Liabilities+021.98M19.57M24.65M70.97M
Long-Term Debt0004.81M14.76M
Capital Lease Obligations0018.62M16.44M13.28M
Deferred Tax Liabilities00001.78M
Other Non-Current Liabilities021.03M03.4M41.15M
Total Liabilities3.23M42.53M39.6M59.83M107.15M
Total Debt+0021.37M38.68M50.65M
Net Debt-44.71M-275.77M-35.39M-2.56M-21.61M
Debt / Equity--0.12x0.50x2.19x
Debt / EBITDA-----
Net Debt / EBITDA-----
Interest Coverage-----85.64x
Total Equity+45.78M250.4M175.41M78.08M23.13M
Equity Growth %-4.47%-0.3%-0.55%-0.7%
Book Value per Share5.9731.8817.937.741.45
Total Shareholders' Equity45.78M250.4M175.41M78.08M23.13M
Common Stock6150000
Retained Earnings-109.18M-614.51M-721.93M-836.14M-947.89M
Treasury Stock00000
Accumulated OCI-190.05M0000
Minority Interest00000

Cash Flow

Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-13.06M-59.14M-112.58M-89.27M-68.98M
Operating CF Margin %-33.66%-9856.5%--55.52%-376.97%
Operating CF Growth %--3.53%-0.9%0.21%0.23%
Net Income-67.71M-505.33M-107.42M-114.21M-111.75M
Depreciation & Amortization166K484K4.91M5.8M3.18M
Stock-Based Compensation52.76M448.08M26.89M16.28M9.59M
Deferred Taxes1.61K-10.9M0-29.7M0
Other Non-Cash Items-1.61K2.89M-18.58M28.44M33.37M
Working Capital Changes1.72M5.64M-18.38M4.11M-3.37M
Change in Receivables-20K55K-4.48M-455K920K
Change in Inventory107K271K0-463K-3.41M
Change in Payables368K3.78M-1.11M-901K1.91M
Cash from Investing+-2.26M-748K-106.83M49.62M35.97M
Capital Expenditures-595K-2.42M-11.06M-3.75M-7.53M
CapEx % of Revenue1.53%402.5%-2.33%41.15%
Acquisitions-----
Investments-----
Other Investing00000
Cash from Financing+33.12M291.3M2.43M23.97M63.55M
Debt Issued (Net)-----
Equity Issued (Net)-----
Dividends Paid00000
Share Repurchases-----
Other Financing7.29M287.58M07.94M15.01M
Net Change in Cash-----
Free Cash Flow+-13.66M-61.55M-123.64M-93.02M-76.52M
FCF Margin %-35.2%-10259%--57.85%-418.12%
FCF Growth %--3.51%-1.01%0.25%0.18%
FCF per Share-1.78-7.84-12.64-9.22-4.80
FCF Conversion (FCF/Net Income)0.19x0.12x1.05x0.78x0.62x
Interest Paid00000
Taxes Paid00590K995K0

Key Ratios

Metric20202021202220232024
Return on Equity (ROE)-147.07%-341.23%-50.45%-90.11%-220.85%
Return on Invested Capital (ROIC)---167.43%-83.44%-154.07%
Gross Margin-66.75%-16483.33%--464.12%-1911.48%
Net Margin-17352.58%-8422166.67%--7102.49%-61067.76%
Debt / Equity--0.12x0.50x2.19x
Interest Coverage-----85.64x
FCF Conversion0.19x0.12x1.05x0.78x0.62x
Revenue Growth--98.45%-100%--88.62%

Revenue by Geography

202120232024
UNITED STATES5K210K172K
UNITED STATES Growth-4100.00%-18.10%
FRANCE-1.4M11K
FRANCE Growth---99.21%
Other Countries1K--
Other Countries Growth---
ISRAEL---
ISRAEL Growth---
NORWAY---
NORWAY Growth---
GERMANY---
GERMANY Growth---

Frequently Asked Questions

Growth & Financials

REE Automotive Ltd. (REE) reported $0.2M in revenue for fiscal year 2024. This represents a 47% decrease from $0.4M in 2020.

REE Automotive Ltd. (REE) saw revenue decline by 88.6% over the past year.

REE Automotive Ltd. (REE) reported a net loss of $100.1M for fiscal year 2024.

Dividend & Returns

REE Automotive Ltd. (REE) has a return on equity (ROE) of -220.9%. Negative ROE indicates the company is unprofitable.

REE Automotive Ltd. (REE) had negative free cash flow of $89.0M in fiscal year 2024, likely due to heavy capital investments.

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