NIO Inc.(NIO)Earnings, Financials & Key Ratios
NIO•NYSE
$5.91
$12.36B mkt cap·Price updated May 6, 2026
AboutNIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service. In addition, it provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and routine maintenance; roadside assistance; courtesy vehicle services; data packages; and auto financing and financial leasing services. Further, the company involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. Additionally, it offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China.Show more
- Revenue$65.73B+18.2%
- EBITDA-$14.17B+20.1%
- Net Income-$22.66B-7.1%
- EPS (Diluted)-11.03+11.3%
- Gross Margin9.88%+80.0%
- EBITDA Margin-21.56%+32.4%
- Operating Margin-33.28%+18.3%
- Net Margin-34.47%+9.3%
- ROE-105.13%-42.3%
- ROIC-55.25%-2.2%
- Debt/Equity2.50+113.4%
- Interest Coverage-27.40+51.2%
NIO Key Insights
NIO Inc. (NIO) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 53.1%
✗Weaknesses
- ✗High debt to equity ratio of 2.5x
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 20.9% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NIO Price & Volume
NIO Inc. (NIO) stock price & volume — 10-year historical chart
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NIO Growth Metrics
NIO Inc. (NIO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years53.06%
3 Years22.07%
TTM30.42%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-9.99%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM3.18%
Return on Capital
10 Years-81.9%
5 Years-28.53%
3 Years-37.65%
Last Year-41.71%
NIO Recent Earnings
NIO Inc. (NIO) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 1/12 qtrs (8%)
Q2 2026Latest
Mar 10, 2026EPS
$0.01
Est $0.05
+120.0%
Revenue
$5.0B
Est $4.8B
+3.8%
Q4 2025
Nov 25, 2025EPS
$0.21
Est $0.22
+5.5%
Revenue
$3.1B
Est $3.1B
-1.6%
Q4 2025
Sep 10, 2025EPS
$0.32
Est $0.31
-3.9%
Revenue
$2.7B
Est $2.7B
-3.2%
Q4 2025
Sep 2, 2025EPS
$0.32
Est $0.31
-3.9%
Revenue
$2.7B
Est $2.7B
-3.2%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 10, 2026 | $0.01vs $0.05+120.0% | $5.0Bvs $4.8B+3.8% |
| Q4 2025 | Nov 25, 2025 | $0.21vs $0.22+5.5% | $3.1Bvs $3.1B-1.6% |
| Q4 2025 | Sep 10, 2025 | $0.32vs $0.31-3.9% | $2.7Bvs $2.7B-3.2% |
| Q4 2025 | Sep 2, 2025 | $0.32vs $0.31-3.9% | $2.7Bvs $2.7B-3.2% |
Based on last 12 quarters of dataView full earnings history →
NIO Peer Comparison
NIO Inc. (NIO) competitors in Electric-only passenger car makers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 LI | 35.58B | 17.72 | 16.02 | 16.71% | 3.59% | 6.21% | 0.23 | |
 XPEV | 5.55B | 15.93 | -17.74 | 33.22% | -7.1% | -13.77% | 0.51 | |
 TSLA | 1.5T | 398.53 | 369.01 | -2.93% | 3.96% | 4.75% | 0.10 | |
 GM | 70.96B | 78.70 | 24.07 | -1.29% | 1.38% | 3.84% | 2.06 | |
 F | 47.67B | 12.17 | -5.91 | 1.23% | -3.22% | -14.71% | 4.66 | |
 RIVN | 17.92B | 14.49 | -4.72 | 8.39% | -63.62% | -69.6% | 1.45 | |
 LCID | 2.04B | 6.19 | -0.51 | 67.58% | -300.36% | -293.86% | 1.20 | |
 ON | 41.45B | 105.77 | 364.72 | -15.35% | 9.46% | 7.43% | 0.45 |
Compare NIO vs Peers
NIO Inc. (NIO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NIO Income Statement
NIO Inc. (NIO) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 4.95B | 7.82B | 16.26B | 36.14B | 49.27B | 55.62B | 65.73B | 69.42B |
| Revenue Growth % | - | - | - | 58.04% | 107.77% | 122.27% | 36.34% | 12.89% | 18.18% | 30.42% |
| Cost of Goods Sold | 0 | 0 | 5.21B | 9.02B | 14.38B | 29.31B | 44.12B | 52.57B | 59.24B | 62.29B |
| COGS % of Revenue | - | - | 105.17% | 115.32% | 88.48% | 81.12% | 89.56% | 94.51% | 90.12% | - |
| Gross Profit | 0▲ 0% | 0▲ 0% | -255.88M▲ 0% | -1.2B▼ 368.5% | 1.87B▲ 256.3% | 6.82B▲ 264.1% | 5.14B▼ 24.6% | 3.05B▼ 40.7% | 6.49B▲ 112.8% | 7.13B▲ 0% |
| Gross Margin % | - | - | -5.17% | -15.32% | 11.52% | 18.88% | 10.44% | 5.49% | 9.88% | 10.28% |
| Gross Profit Growth % | - | - | - | -368.52% | 256.27% | 264.12% | -24.59% | -40.67% | 112.75% | - |
| Operating Expenses | 2.6B | 4.95B | 9.34B | 9.88B | 6.48B | 11.32B | 20.78B | 25.71B | 28.37B | 29.73B |
| OpEx % of Revenue | - | - | 188.64% | 126.27% | 39.86% | 31.32% | 42.19% | 46.22% | 43.16% | - |
| Selling, General & Admin | 1.15B | 2.36B | 5.09B | 4.89B | 3.53B | 6.29B | 9.72B | 11.95B | 14.45B | 15.58B |
| SG&A % of Revenue | - | - | 102.84% | 62.44% | 21.69% | 17.4% | 19.73% | 21.48% | 21.99% | - |
| Research & Development | 1.47B | 2.6B | 4B | 4.43B | 2.49B | 4.59B | 10.84B | 13.43B | 13.04B | 13.14B |
| R&D % of Revenue | - | - | 80.75% | 56.6% | 15.3% | 12.71% | 21.99% | 24.15% | 19.83% | - |
| Other Operating Expenses | -10.48M | -12.37M | 249.76M | 565.82M | 466.38M | 438.36M | 229.42M | 327.83M | 877.26M | 0 |
| Operating Income | -2.6B▲ 0% | -4.95B▼ 90.3% | -9.6B▼ 93.7% | -11.08B▼ 15.5% | -4.61B▲ 58.4% | -4.5B▲ 2.4% | -15.64B▼ 247.9% | -22.66B▼ 44.8% | -21.87B▲ 3.4% | -22.6B▲ 0% |
| Operating Margin % | - | - | -193.8% | -141.59% | -28.34% | -12.44% | -31.75% | -40.73% | -33.28% | -32.55% |
| Operating Income Growth % | - | -90.34% | -93.71% | -15.46% | 58.41% | 2.42% | -247.86% | -44.85% | 3.45% | - |
| EBITDA | -2.56B | -4.79B | -9.12B | -9.56B | -3.06B | -2.14B | -11.65B | -17.75B | -14.17B | -22.99B |
| EBITDA Margin % | - | - | -184.23% | -122.15% | -18.83% | -5.93% | -23.64% | -31.91% | -21.56% | -33.12% |
| EBITDA Growth % | - | -87.2% | -90.6% | -4.79% | 67.97% | 29.97% | -443.12% | -52.39% | 20.14% | -10.53% |
| D&A (Non-Cash Add-back) | 46.09M | 167.86M | 474.22M | 1.52B | 1.55B | 2.35B | 3.99B | 4.91B | 7.7B | 0 |
| EBIT | -2.6B | -5B | -9.49B | -10.92B | -4.87B | -3.34B | -14.05B | -20.06B | -21.63B | -22.99B |
| Net Interest Income | 27.5M | 886K | 9.74M | -210.26M | -259.11M | 274.42M | 1.03B | 1.81B | 55.37M | -488.01M |
| Interest Income | 27.56M | 18.97M | 133.38M | 160.28M | 166.9M | 911.83M | 1.36B | 2.21B | 853.73M | 420.95M |
| Interest Expense | 55K | 18.08M | 123.64M | 370.54M | 426.01M | 637.41M | 333.22M | 403.53M | 798.36M | 908.96M |
| Other Income/Expense | -947.63M | -2.64B | -21.33M | -208.57M | -690.07M | 521.62M | 1.26B | 2.2B | -550.45M | -1.3B |
| Pretax Income | -3.55B▲ 0% | -7.59B▼ 113.8% | -9.62B▼ 26.7% | -11.29B▼ 17.4% | -5.3B▲ 53.1% | -3.97B▲ 25.0% | -14.38B▼ 261.8% | -20.46B▼ 42.3% | -22.42B▼ 9.6% | -23.9B▲ 0% |
| Pretax Margin % | - | - | -194.24% | -144.25% | -32.59% | -11% | -29.19% | -36.78% | -34.12% | -34.43% |
| Income Tax | 4.31M | 7.91M | 22.04M | 7.89M | 6.37M | 42.27M | 55.1M | 260.83M | -22.82M | 15.75M |
| Effective Tax Rate % | -0.12% | -0.1% | -0.23% | -0.07% | -0.12% | -1.06% | -0.38% | -1.27% | 0.1% | -0.07% |
| Net Income | -2.54B▲ 0% | -4.98B▼ 96.5% | -9.66B▼ 93.8% | -11.41B▼ 18.1% | -5.61B▲ 50.8% | -10.57B▼ 88.4% | -14.56B▼ 37.7% | -21.15B▼ 45.2% | -22.66B▼ 7.1% | -24.31B▲ 0% |
| Net Margin % | - | - | -195.12% | -145.86% | -34.51% | -29.26% | -29.55% | -38.02% | -34.47% | -35.01% |
| Net Income Growth % | - | -96.53% | -93.8% | -18.14% | 50.84% | -88.43% | -37.71% | -45.25% | -7.14% | -9.99% |
| Net Income (Continuing) | -3.55B | -7.6B | -9.64B | -11.3B | -5.3B | -4.02B | -14.44B | -20.72B | -22.4B | -23.92B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -11.58M | 11.31M | -15.9M | 22.09M | 2.13M | 75.63M | 3.78B | 4.05B | 7.54B | 7.82B |
| EPS (Diluted) | -0.50▲ 0% | -1.07▼ 114.0% | -9.29▼ 768.2% | -11.08▼ 19.3% | -4.74▲ 57.2% | -6.72▼ 41.8% | -8.89▼ 32.3% | -12.44▼ 39.9% | -11.03▲ 11.3% | -10.90▲ 0% |
| EPS Growth % | - | -114% | -768.22% | -19.27% | 57.22% | -41.77% | -32.29% | -39.93% | 11.33% | 3.18% |
| EPS (Basic) | -0.50 | -1.07 | -9.29 | -11.08 | -4.74 | -6.72 | -8.89 | -12.44 | -11.03 | - |
| Diluted Shares Outstanding | 1.05B | 1.05B | 1.04B | 1.03B | 1.18B | 1.57B | 1.64B | 1.7B | 2.06B | 2.23B |
| Basic Shares Outstanding | 1.05B | 1.05B | 1.04B | 1.03B | 1.18B | 1.57B | 1.64B | 1.7B | 2.06B | 2.23B |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
NIO Balance Sheet
NIO Inc. (NIO) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 875.03M | 8.31B | 12.17B | 4.93B | 46.21B | 63.64B | 59.15B | 70.38B | 61.89B | 52.51B |
| Cash & Short-Term Investments | 581.3M | 7.51B | 8.29B | 973.84M | 42.38B | 52.39B | 39.06B | 49.75B | 22.09B | 17.8B |
| Cash Only | 581.3M | 7.51B | 3.13B | 862.84M | 38.43B | 15.33B | 19.89B | 32.94B | 19.33B | 7.11B |
| Short-Term Investments | 8.53M | 0 | 5.15B | 111M | 3.95B | 37.06B | 19.17B | 16.81B | 2.77B | 10.69B |
| Accounts Receivable | 182.87M | 493.42M | 756.51M | 1.35B | 1.24B | 2.8B | 5.12B | 4.66B | 1.68B | 15.71B |
| Days Sales Outstanding | - | - | 55.77 | 63.07 | 27.9 | 28.26 | 37.92 | 30.57 | 9.31 | 45.99 |
| Inventory | 0 | 89.46M | 1.47B | 889.53M | 1.08B | 2.06B | 8.19B | 5.28B | 7.09B | 8.24B |
| Days Inventory Outstanding | - | - | 102.71 | 35.98 | 27.44 | 25.6 | 67.76 | 36.65 | 43.67 | 45.19 |
| Other Current Assets | 0 | 23.19M | 1.3B | 1.55B | 1.38B | 6.14B | 5.89B | 9.88B | 29.9B | 9.26B |
| Total Non-Current Assets | 895.45M | 2.16B | 6.67B | 9.65B | 8.44B | 19.24B | 37.11B | 47B | 45.72B | 47.54B |
| Property, Plant & Equipment | 849.61M | 1.96B | 4.85B | 7.53B | 6.35B | 10.39B | 23.03B | 37.48B | 40B | 42.76B |
| Fixed Asset Turnover | - | - | 1.02x | 1.04x | 2.56x | 3.48x | 2.14x | 1.48x | 1.64x | 1.74x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 6.34M | 4.46M | 217.13M | 210.34M | 204.58M | 199.12M | 212.6M | 236.95M | 231.64M | 228.99M |
| Long-Term Investments | 0 | 47.13M | 148.3M | 115.33M | 300.12M | 3.06B | 6.36B | 5.49B | 3.13B | 12.45B |
| Other Non-Current Assets | 39.5M | 14.38M | 1.45B | 1.8B | 1.58B | 5.6B | 7.51B | 3.8B | 2.36B | 12.77B |
| Total Assets | 1.77B▲ 0% | 10.47B▲ 491.3% | 18.84B▲ 80.0% | 14.58B▼ 22.6% | 54.64B▲ 274.7% | 82.88B▲ 51.7% | 96.26B▲ 16.1% | 117.38B▲ 21.9% | 107.6B▼ 8.3% | 100.05B▲ 0% |
| Asset Turnover | - | - | 0.26x | 0.54x | 0.30x | 0.44x | 0.51x | 0.47x | 0.61x | 0.68x |
| Asset Growth % | - | 491.25% | 80% | -22.61% | 274.72% | 51.69% | 16.14% | 21.94% | -8.33% | -14.58% |
| Total Current Liabilities | 726.57M | 1.62B | 8.59B | 9.5B | 13.98B | 29.2B | 45.85B | 57.8B | 62.31B | 62.28B |
| Accounts Payable | 0 | 234.01M | 2.87B | 3.11B | 6.37B | 12.64B | 12.71B | 29.77B | 34.39B | 34.95B |
| Days Payables Outstanding | - | - | 201.18 | 125.86 | 161.59 | 157.37 | 105.13 | 206.69 | 211.88 | 191.8 |
| Short-Term Debt | 19.58M | 83.81M | 2.07B | 1.21B | 1.93B | 7.3B | 5.28B | 9.82B | 9.13B | 6.23B |
| Deferred Revenue (Current) | 0 | 68.44M | 342.02M | 486.27M | 1B | 1.38B | 2.11B | 2.86B | 4.07B | 8.1B |
| Other Current Liabilities | 0 | 0 | 133.9M | 204.66M | 358.14M | 550.68M | 13.18B | 709.29M | 652.63M | 682.48M |
| Current Ratio | 1.20x | 5.13x | 1.42x | 0.52x | 3.31x | 2.18x | 1.29x | 1.22x | 0.99x | 0.99x |
| Quick Ratio | 1.20x | 5.08x | 1.25x | 0.43x | 3.23x | 2.11x | 1.11x | 1.13x | 0.88x | 0.88x |
| Cash Conversion Cycle | - | - | -42.7 | -26.81 | -106.25 | -103.5 | 0.55 | -139.47 | -158.9 | -100.62 |
| Total Non-Current Liabilities | 4.96B | 20.44B | 3.43B | 11.36B | 13.49B | 18.9B | 22.77B | 29.99B | 31.79B | 31.15B |
| Long-Term Debt | 37.5M | 642.4M | 1.17B | 7.15B | 5.94B | 9.74B | 10.89B | 13.04B | 11.44B | 9.11B |
| Capital Lease Obligations | 0 | 0 | 0 | 1.69B | 1.07B | 2.35B | 6.53B | 10.09B | 11.3B | 46.06B |
| Deferred Tax Liabilities | 4.9B | 0 | 783.78M | 819.21M | 3.69B | 25.2M | 218.19M | 212.35M | 127.47M | 590.41M |
| Other Non-Current Liabilities | 478K | 19.77B | 930.81M | 1.06B | 1.79B | 5.02B | 2.53B | 3.27B | 5.49B | 37.84B |
| Total Liabilities | 5.69B | 22.06B | 12.02B | 20.86B | 27.47B | 48.1B | 68.62B | 87.79B | 94.1B | 93.43B |
| Total Debt | 57.08M | 726.22M | 3.24B | 10.7B | 9.52B | 20.1B | 23.71B | 34.73B | 33.82B | 30.96B |
| Net Debt | -524.21M | -6.78B | 103.02M | 9.71B | -28.99B | 4.77B | 3.82B | 1.79B | 14.49B | 23.85B |
| Debt / Equity | - | - | 0.47x | - | 0.35x | 0.58x | 0.86x | 1.17x | 2.50x | 2.50x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -1.35x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | -1.04x |
| Interest Coverage | -47318.91x | -273.92x | -77.61x | -29.90x | -10.82x | -7.05x | -46.94x | -56.14x | -27.40x | -25.29x |
| Total Equity | -3.92B▲ 0% | -11.59B▼ 196.0% | 6.82B▲ 158.8% | -6.28B▼ 192.0% | 27.17B▲ 532.8% | 34.79B▲ 28.0% | 27.65B▼ 20.5% | 29.6B▲ 7.1% | 13.51B▼ 54.4% | 6.62B▲ 0% |
| Equity Growth % | - | -195.98% | 158.84% | -192.03% | 532.82% | 28.02% | -20.52% | 7.05% | -54.36% | -216.68% |
| Book Value per Share | -3.73 | -11.04 | 6.56 | -6.10 | 22.97 | 22.12 | 16.89 | 17.41 | 6.57 | 2.97 |
| Total Shareholders' Equity | -3.9B | -11.6B | 6.84B | -6.3B | 27.17B | 34.71B | 23.87B | 25.55B | 5.97B | -1.21B |
| Common Stock | 52K | 60K | 1.81M | 1.83M | 2.68M | 2.89M | 2.92M | 3.62M | 3.66M | 3.93M |
| Retained Earnings | -4.08B | -11.71B | -35.04B | -46.33B | -51.65B | -55.63B | -69.91B | -90.76B | -113.07B | -124.81B |
| Treasury Stock | -9.19M | -9.19M | -9.19M | 0 | 0 | -1.85B | -1.85B | -1.85B | -239.33M | -139.16M |
| Accumulated OCI | 110.45M | -13.92M | -34.71M | -203.05M | -65.45M | -276.3M | 1.04B | 432.99M | 582.66M | 843.14M |
| Minority Interest | -11.58M | 11.31M | -15.9M | 22.09M | 2.13M | 75.63M | 3.78B | 4.05B | 7.54B | 7.82B |
NIO Cash Flow Statement
NIO Inc. (NIO) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -2.2B | -4.57B | -7.91B | -8.72B | 1.95B | 1.97B | -3.87B | -1.38B | -7.85B | -7.85B |
| Operating CF Margin % | - | - | -159.8% | -111.46% | 12% | 5.44% | -7.85% | -2.48% | -11.94% | - |
| Operating CF Growth % | - | -107.79% | -72.95% | -10.24% | 122.37% | 0.79% | -296.6% | 64.26% | -468.14% | -87.63% |
| Net Income | -2.57B | -5.02B | -9.64B | -11.3B | -5.3B | -10.57B | -14.56B | -21.15B | -22.66B | -24.31B |
| Depreciation & Amortization | 46.09M | 167.86M | 474.22M | 1.52B | 1.55B | 2.35B | 3.99B | 4.91B | 7.7B | 8.77B |
| Stock-Based Compensation | 76.68M | 90.3M | 679.47M | 333.5M | 187.09M | 1.01B | 2.3B | 2.37B | 1.93B | 3.17B |
| Deferred Taxes | 36.94M | 36.44M | 41.7M | 0 | 9.65M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -44.88M | 21.13M | 26.16M | 282.64M | 682.63M | 13.22B | 11.46B | 4.34B | 6.34B | 22.87B |
| Working Capital Changes | 256.86M | 130.73M | 505.65M | 436.84M | 4.83B | -4.04B | -7.06B | 8.15B | -1.16B | -7.23B |
| Change in Receivables | 0 | 0 | -756.51M | -681.56M | 237.93M | -1.72B | -2.3B | 453.38M | 2.99B | 609.38M |
| Change in Inventory | 0 | -89.46M | -1.38B | 569.16M | -197.83M | -990.55M | -6.26B | 2.9B | -1.79B | -4.04B |
| Change in Payables | 0 | 0 | 2.83B | 116.53M | 3.26B | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | 117.84M | -1.19B | -7.94B | 3.38B | -5.07B | -39.76B | 10.39B | -10.89B | -4.96B | -5.27B |
| Capital Expenditures | -654.46M | -1.11B | -2.64B | -1.71B | -1.13B | -4.08B | -6.97B | -14.34B | -9.14B | -7.75B |
| CapEx % of Revenue | - | - | 53.4% | 21.81% | 6.94% | 11.29% | 14.15% | 25.78% | 13.91% | - |
| Acquisitions | 0 | -79.88M | -110.9M | 45.15M | -250.83M | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | -31.28M | 0 | 163.07M | -35.69B | 17.36B | 3.46B | 4.18B | 2.48B |
| Cash from Financing | 2.29B | 12.87B | 11.6B | 3.09B | 41.36B | 18.13B | -1.62B | 27.66B | 1.77B | 2.1B |
| Debt Issued (Net) | 37.5M | 621.3M | 2.63B | 3.02B | 3.68B | 13.21B | -1.66B | 6.61B | -1.63B | -4.46B |
| Equity Issued (Net) | 1000K | 1000K | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -8.41M | 0 | -7.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 19.58M | 1.37B | 76.59M | 3.05B | 4.92B | 42.85M | 21.05B | 3.41B | 6.56B |
| Net Change in Cash | 249.52M▲ 0% | 6.93B▲ 2679.0% | -4.31B▼ 162.1% | -2.23B▲ 48.1% | 37.56B▲ 1780.7% | -20.17B▼ 153.7% | 4.78B▲ 123.7% | 15.47B▲ 223.5% | -10.87B▼ 170.3% | -11.99B▲ 0% |
| Free Cash Flow | -2.86B▲ 0% | -5.69B▼ 99.2% | -10.56B▼ 85.6% | -10.43B▲ 1.2% | 823.21M▲ 107.9% | -2.11B▼ 356.6% | -10.84B▼ 413.1% | -15.72B▼ 45.1% | -16.99B▼ 8.1% | -16.5B▲ 0% |
| FCF Margin % | - | - | -213.2% | -133.27% | 5.06% | -5.85% | -22% | -28.27% | -25.85% | -23.77% |
| FCF Growth % | - | -99.18% | -85.56% | 1.21% | 107.89% | -356.6% | -413.11% | -45.06% | -8.07% | 45.2% |
| FCF per Share | -2.72 | -5.42 | -10.15 | -10.13 | 0.70 | -1.34 | -6.62 | -9.25 | -8.27 | -8.27 |
| FCF Conversion (FCF/Net Income) | 0.87x | 0.92x | 0.82x | 0.76x | -0.35x | -0.19x | 0.27x | 0.07x | 0.35x | 0.68x |
| Interest Paid | 0 | 15.43M | 112.68M | 260.38M | 333.88M | 218.83M | 274.35M | 285.48M | 641.9M | 665.7M |
| Taxes Paid | 0 | 1.13M | 11.16M | 18.19M | 13.17M | 0 | 0 | 0 | 0 | 0 |
NIO Key Ratios
NIO Inc. (NIO) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -141.63% | -4199.5% | -53.71% | -34.13% | -46.64% | -73.89% | -105.13% | -270.66% |
| Return on Invested Capital (ROIC) | - | -103.94% | -158.53% | -378.99% | -17.84% | -33.04% | -54.07% | -55.25% | -55.25% |
| Gross Margin | - | -5.17% | -15.32% | 11.52% | 18.88% | 10.44% | 5.49% | 9.88% | 10.28% |
| Net Margin | - | -195.12% | -145.86% | -34.51% | -29.26% | -29.55% | -38.02% | -34.47% | -35.01% |
| Debt / Equity | - | 0.47x | - | 0.35x | 0.58x | 0.86x | 1.17x | 2.50x | 2.50x |
| Interest Coverage | -273.92x | -77.61x | -29.90x | -10.82x | -7.05x | -46.94x | -56.14x | -27.40x | -25.29x |
| FCF Conversion | 0.92x | 0.82x | 0.76x | -0.35x | -0.19x | 0.27x | 0.07x | 0.35x | 0.68x |
| Revenue Growth | - | - | 58.04% | 107.77% | 122.27% | 36.34% | 12.89% | 18.18% | 30.42% |
NIO Frequently Asked Questions
NIO Inc. (NIO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
NIO Inc. (NIO) reported $69.42B in revenue for fiscal year 2024.
NIO Inc. (NIO) grew revenue by 18.2% over the past year. This is strong growth.
NIO Inc. (NIO) reported a net loss of $24.31B for fiscal year 2024.
Dividend & Returns
NIO Inc. (NIO) has a return on equity (ROE) of -105.1%. Negative ROE indicates the company is unprofitable.
NIO Inc. (NIO) had negative free cash flow of $16.50B in fiscal year 2024, likely due to heavy capital investments.
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