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Polestar Automotive Holding UK PLC (PSNY) 10-Year Financial Performance & Capital Metrics

PSNY •
Consumer CyclicalAuto ManufacturersElectric-only passenger car makers
AboutPolestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.Show more
  • Revenue $2.03B -14.5%
  • EBITDA -$1.76B -28.8%
  • Net Income -$2.05B -71.6%
  • EPS (Diluted) -0.97 -70.2%
  • Gross Margin -43.07% -148.0%
  • EBITDA Margin -86.4% -50.6%
  • Operating Margin -89.14% -43.3%
  • Net Margin -100.77% -100.6%
  • ROE -
  • ROIC -109.3% +7.5%
  • Debt/Equity -
  • Interest Coverage -5.41 +24.6%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 99 (top 1%)
  • ✓Strong 5Y sales CAGR of 85.6%
  • ✓Trading near 52-week high

✗Weaknesses

  • ✗Weak Piotroski F-Score: 1/9
  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow

* 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-
5Y85.58%
3Y14.83%
TTM23.52%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-59.61%

EPS CAGR

10Y-
5Y-
3Y-
TTM-58.85%

ROCE

10Y Avg-134.72%
5Y Avg-155.33%
3Y Avg-168.62%
Latest-109.3%

Peer Comparison

Electric-only passenger car makers
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TSLATesla, Inc.1.51T402.51372.69-2.93%4%4.58%0.41%0.10
LILi Auto Inc.35.32B17.5916.0016.71%3.59%6.16%3.39%0.23
CJETChijet Motor Company, Inc.11.38M2.08-0.00-27.08%-7.01%
FFAIFaraday Future Intelligent Electric Inc.100.53M0.49-0.03-31.25%-745.17%-207.37%0.86
LCIDLucid Group, Inc.3.27B10.00-0.83-100%-324.65%-376.15%1.20
ZKZEEKR Intelligent Technology Holding Limited6.85B26.73-0.9846.91%-3.68%21.67%
AIEVThunder Power Holdings, Inc.7M0.14-2.30-32.68%0.00
VFSVinFast Auto Ltd.7.62B3.26-2.5757.87%-137.04%

Compare PSNY vs Peers

Analyze head-to-head performance against top industry competitors across valuation, growth, and profitability metrics.

vs TSLA

Compare head-to-head with Tesla, Inc.

vs LI

Compare head-to-head with Li Auto Inc.

Compare Top 5

vs TSLA, LI, NIO, VFS

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+92.42M610.25M1.34B2.44B2.38B2.03B
Revenue Growth %-560.33%120.18%81.66%-2.55%-14.48%
Cost of Goods Sold+39.79M553.72M1.34B2.34B2.79B2.91B
COGS % of Revenue43.06%90.74%99.48%95.97%117.37%143.07%
Gross Profit+52.63M56.52M11.06M119.44M-413.08M-876.17M
Gross Margin %56.94%9.26%0.82%4.89%-17.37%-43.07%
Gross Profit Growth %-7.4%-80.44%980.35%-445.84%-112.11%
Operating Expenses+244.53M499.49M971.69M1.03B1.07B937.14M
OpEx % of Revenue264.6%81.85%72.32%42.34%44.85%46.07%
Selling, General & Admin210.57M314.93M686.96M864.6M949.68M890.7M
SG&A % of Revenue227.85%51.61%51.13%35.42%39.93%43.79%
Research & Development34.39M183.85M234.02M170.99M158.41M38.35M
R&D % of Revenue37.21%30.13%17.42%7.01%6.66%1.89%
Other Operating Expenses-425K712K50.72M-2.18M-41.2M8.09M
Operating Income+-191.91M-440.49M-960.64M-913.96M-1.48B-1.81B
Operating Margin %-207.66%-72.18%-71.5%-37.44%-62.22%-89.14%
Operating Income Growth %--129.53%-118.08%4.86%-61.93%-22.52%
EBITDA+-159.36M-224.41M-749.06M-773.15M-1.36B-1.76B
EBITDA Margin %-172.44%-36.77%-55.75%-31.68%-57.37%-86.4%
EBITDA Growth %--40.82%-233.79%-3.22%-76.49%-28.81%
D&A (Non-Cash Add-back)32.55M216.08M211.58M140.81M115.44M55.72M
EBIT-177.02M-442.97M-927.68M-370.32M-942.33M-1.72B
Net Interest Income+-7.91M-23.31M-43.82M-69.82M-174.16M-314.54M
Interest Income13.29M3.2M1.4M7.66M32.28M21.09M
Interest Expense21.19M26.5M45.2M77.48M206.48M335.41M
Other Income/Expense-4.97M-30.84M-49.89M836.1M278M-245.75M
Pretax Income+-195.96M-471.32M-1.01B-449M-1.2B-2.06B
Pretax Margin %-212.04%-77.23%-75.21%-18.4%-50.53%-101.22%
Income Tax+2.02M13.54M-3.08M29.76M-7.14M-9.17M
Effective Tax Rate %101.03%102.87%99.7%106.68%99.41%99.55%
Net Income+-197.97M-484.86M-1.01B-479.02M-1.19B-2.05B
Net Margin %-214.22%-79.45%-74.98%-19.63%-50.23%-100.77%
Net Income Growth %--144.91%-107.78%52.45%-149.43%-71.56%
Net Income (Continuing)-197.97M-484.86M-1.01B-477.45M-1.19B-2.05B
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-0.99-0.29-0.46-0.22-0.57-0.97
EPS Growth %-70.71%-58.62%52.17%-159.09%-70.18%
EPS (Basic)-0.99-0.29-0.46-0.24-0.57-0.97
Diluted Shares Outstanding200M1.68B2.12B2.11B2.11B2.11B
Basic Shares Outstanding200M1.68B2.12B2.03B2.1B2.11B
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+527.48M1.17B1.61B2.18B2.27B2.3B
Cash & Short-Term Investments236.2M316.42M757.93M973.88M768.93M739.24M
Cash Only236.2M316.42M756.68M973.88M768.93M739.24M
Short-Term Investments001.26M000
Accounts Receivable45.39M357.13M246.8M318.8M474.31M418.93M
Days Sales Outstanding179.28213.667.0547.6772.7875.17
Inventory22.71M432.53M545.74M657.88M927.69M1.08B
Days Inventory Outstanding208.29285.11149.02102.51121.29135.36
Other Current Assets218.38M55.95M10M197.43M64.33M11.6M
Total Non-Current Assets+1.02B1.38B1.7B1.76B1.85B1.76B
Property, Plant & Equipment120.24M201.67M328.82M354.79M384.8M593.88M
Fixed Asset Turnover0.77x3.03x4.09x6.88x6.18x3.43x
Goodwill51.83M59.13M53.28M46.46M48.06M43.79M
Intangible Assets844.26M1.11B1.32B1.35B1.36B997.06M
Long-Term Investments0002.33M2.41M0
Other Non-Current Assets4.54M1.44M1.68M5.31M7.92M39.74M
Total Assets+1.55B2.55B3.31B3.94B4.12B4.05B
Asset Turnover0.06x0.24x0.41x0.62x0.58x0.50x
Asset Growth %-64.6%29.87%19.12%4.54%-1.62%
Total Current Liabilities+941.6M1.87B3.04B3.19B3.52B4.74B
Accounts Payable317.76M1.15B1.54B1.03B368.14M893.91M
Days Payables Outstanding2.91K755.02421.06160.948.13112.11
Short-Term Debt534.04M363.49M734.12M1.35B2.09B2.61B
Deferred Revenue (Current)030.23M94.78M68.1M91.29M54.99M
Other Current Liabilities9.74M49.13M606.07M266.81M255M399.49M
Current Ratio0.56x0.63x0.53x0.68x0.65x0.48x
Quick Ratio0.54x0.40x0.35x0.48x0.38x0.26x
Cash Conversion Cycle-2.53K-256.31-204.99-10.71145.9498.42
Total Non-Current Liabilities+15.59M99.66M146.48M912.95M1.86B2.64B
Long-Term Debt00043.64M1.41B2.34B
Capital Lease Obligations12.22M61.84M66.58M31.33M54.44M47.92M
Deferred Tax Liabilities06.55M509K12.47M3.33M630K
Other Non-Current Liabilities3.37M18.85M50.48M776.49M386.43M194.93M
Total Liabilities957.19M1.97B3.19B4.08B5.38B7.38B
Total Debt+546.26M436.52M825.41M1.44B3.58B5.01B
Net Debt310.07M120.09M68.73M478.67M2.81B4.27B
Debt / Equity0.92x0.75x6.74x---
Debt / EBITDA------
Net Debt / EBITDA------
Interest Coverage-9.06x-16.62x-21.25x-11.80x-7.17x-5.41x
Total Equity+591.16M580.71M122.5M-133.34M-1.26B-3.33B
Equity Growth %--1.77%-78.91%-208.86%-846.65%-163.69%
Book Value per Share2.960.350.06-0.06-0.60-1.58
Total Shareholders' Equity591.16M580.71M122.5M-133.34M-1.26B-3.33B
Common Stock01.32B1.87B21.16M21.17M21.17M
Retained Earnings-274.17M-754.41M-1.76B-3.68B-4.87B-6.91B
Treasury Stock000000
Accumulated OCI-13.9M16.36M-16.78M-15.77M-26.01M-63.15M
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-190.06M-57.05M-312.16M-1.09B-1.89B-991.21M
Operating CF Margin %-205.66%-9.35%-23.23%-44.59%-79.62%-48.73%
Operating CF Growth %-69.98%-447.16%-248.66%-74.01%47.66%
Net Income-197.97M-484.86M-1.01B-465.79M-1.18B-2.05B
Depreciation & Amortization32.55M216.08M239.16M185.06M115.01M55.72M
Stock-Based Compensation213K75.18M52.36M4.96M5M0
Deferred Taxes2.02M13.54M336K16.78M-7.14M-9.17M
Other Non-Cash Items9.78M37.36M55.41M-450.83M66.77M759.29M
Working Capital Changes-36.65M85.66M348.03M-378.53M-891.6M252.84M
Change in Receivables-62.32M-268M48.57M-220.12M-141.38M85.02M
Change in Inventory-20.8M-428.07M-169.82M-226.64M-364.3M-255.37M
Change in Payables46.47M764.66M519.68M52.8M-523.7M464.89M
Cash from Investing+-285.45M-243.71M-129.67M-715.97M-417.62M-412.56M
Capital Expenditures-285.45M-243.71M-129.67M-713.47M-137.4M-147.89M
CapEx % of Revenue308.88%39.94%9.65%29.23%5.78%7.27%
Acquisitions00000-34.3M
Investments------
Other Investing0000-280.22M-230.37M
Cash from Financing+475.41M359.64M909.57M2.09B2.1B1.42B
Debt Issued (Net)21.85M-213.38M278.02M703.42M2.08B1.42B
Equity Issued (Net)1000K1000K1000K1000K00
Dividends Paid000000
Share Repurchases000000
Other Financing205.68M134.68M49.16M-33.69M23.66M0
Net Change in Cash-18.86M80.23M440.25M217.2M-205.61M-29.03M
Free Cash Flow+-475.51M-300.76M-441.83M-1.8B-2.03B-1.35B
FCF Margin %-514.53%-49.28%-32.88%-73.82%-85.4%-66.27%
FCF Growth %-36.75%-46.91%-307.81%-12.73%33.63%
FCF per Share-2.38-0.18-0.21-0.85-0.96-0.64
FCF Conversion (FCF/Net Income)0.96x0.12x0.31x2.27x1.59x0.48x
Interest Paid000000
Taxes Paid000000

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-33.49%-82.75%-286.53%---
Return on Invested Capital (ROIC)-15.97%-41.24%-161.54%-261.1%-118.22%-109.3%
Gross Margin56.94%9.26%0.82%4.89%-17.37%-43.07%
Net Margin-214.22%-79.45%-74.98%-19.63%-50.23%-100.77%
Debt / Equity0.92x0.75x6.74x---
Interest Coverage-9.06x-16.62x-21.25x-11.80x-7.17x-5.41x
FCF Conversion0.96x0.12x0.31x2.27x1.59x0.48x
Revenue Growth-560.33%120.18%81.66%-2.55%-14.48%

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