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Rivian Automotive, Inc. (RIVN) 10-Year Financial Performance & Capital Metrics

RIVN •
Consumer CyclicalAuto ManufacturersElectric-only passenger car makers
AboutRivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California.Show more
  • Revenue $5.39B +8.4%
  • EBITDA -$3.58B +2.0%
  • Net Income -$3.65B +23.2%
  • EPS (Diluted) -3.07 +34.5%
  • Gross Margin 2.67% +111.1%
  • EBITDA Margin -66.55% +9.6%
  • Operating Margin -66.55% +29.5%
  • Net Margin -67.68% +29.1%
  • ROE -65.2% -7.9%
  • ROIC -41.24% +22.6%
  • Debt/Equity 1.08 +23.5%
  • Interest Coverage -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 17.1% in last year
  • ✗Trading more than 30% below 52-week high

* 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-
3Y48.11%
TTM8.39%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM23.18%

EPS CAGR

10Y-
5Y-
3Y-
TTM35.06%

ROCE

10Y Avg-31.73%
5Y Avg-34.73%
3Y Avg-34.07%
Latest-29.47%

Peer Comparison

Electric-only passenger car makers
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
Dividends
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 RIVN 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 2024Dec 2025
Sales/Revenue+0055M1.66B4.43B4.97B5.39B
Revenue Growth %---2914.55%167.43%12.09%8.39%
Cost of Goods Sold+7M29M520M4.78B6.46B6.17B5.24B
COGS % of Revenue--945.45%288.36%145.78%124.14%97.33%
Gross Profit+-7M-29M-465M-3.12B-2.03B-1.2B144M
Gross Margin %---845.45%-188.36%-45.78%-24.14%2.67%
Gross Profit Growth %--314.29%-1503.45%-571.61%35%40.89%112%
Operating Expenses+402M992M3.75B3.73B3.71B3.49B3.73B
OpEx % of Revenue--6827.27%225.15%83.65%70.2%69.22%
Selling, General & Admin101M226M1.24B1.79B1.71B1.88B2.06B
SG&A % of Revenue--2258.18%107.9%38.66%37.75%38.26%
Research & Development301M766M1.85B1.94B2B1.61B1.67B
R&D % of Revenue--3363.64%117.25%44.99%32.45%30.96%
Other Operating Expenses00663M0000
Operating Income+-409M-1.02B-4.22B-6.86B-5.74B-4.69B-3.58B
Operating Margin %---7672.73%-413.51%-129.43%-94.35%-66.55%
Operating Income Growth %--149.63%-313.32%-62.46%16.29%18.3%23.54%
EBITDA+-402M-992M-4.02B-6.2B-4.8B-3.66B-3.58B
EBITDA Margin %---7314.55%-374.19%-108.3%-73.6%-66.55%
EBITDA Growth %--146.77%-305.54%-54.21%22.6%23.82%2%
D&A (Non-Cash Add-back)7M29M197M652M937M1.03B0
EBIT-392M-1.01B-4.66B-6.64B-5.21B-4.42B0
Net Interest Income+-16M2M-26M90M302M67M0
Interest Income18M10M3M193M522M385M293M
Interest Expense34M8M29M103M220M318M-274M
Other Income/Expense-17M3M-468M108M308M-52M-35M
Pretax Income+-426M-1.02B-4.69B-6.75B-5.43B-4.74B-3.62B
Pretax Margin %---8523.64%-407%-122.49%-95.39%-67.2%
Income Tax+0004M1M5M-6M
Effective Tax Rate %107.75%100.1%100%100.06%100.02%100.11%100.72%
Net Income+-459M-1.02B-4.69B-6.75B-5.43B-4.75B-3.65B
Net Margin %---8523.64%-407.24%-122.51%-95.49%-67.68%
Net Income Growth %--122%-360.06%-44.03%19.55%12.63%23.18%
Net Income (Continuing)-426M-1.02B-4.69B-6.75B-5.43B-4.75B0
Discontinued Operations0000000
Minority Interest000004M28M
EPS (Diluted)+-4.35-10.09-22.98-7.40-5.74-4.69-3.07
EPS Growth %--131.95%-127.75%67.82%22.44%18.3%34.49%
EPS (Basic)-4.35-10.09-22.98-7.40-5.74-4.69-3.07
Diluted Shares Outstanding98M101M204M913M947M1.01B1.19B
Basic Shares Outstanding97.93M100.89M204M913M947M1.01B1.19B
Dividend Payout Ratio-------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Current Assets+2.29B3.02B18.56B13.13B12.31B10.58B8.59B
Cash & Short-Term Investments2.26B2.98B18.13B11.57B9.37B7.7B6.08B
Cash Only2.26B2.98B18.13B11.57B7.86B5.29B3.58B
Short-Term Investments00001.51B2.41B2.5B
Accounts Receivable06M26M102M161M443M555M
Days Sales Outstanding--172.5522.4513.2532.5337.6
Inventory00274M1.35B2.62B2.25B1.59B
Days Inventory Outstanding--192.33102.91147.94132.99110.97
Other Current Assets29M31M126M112M164M192M361M
Total Non-Current Assets+340M1.59B3.73B4.75B4.46B4.83B6.27B
Property, Plant & Equipment313M1.52B3.41B4.09B4.23B4.38B5.69B
Fixed Asset Turnover--0.02x0.41x1.05x1.13x0.95x
Goodwill0000000
Intangible Assets0000000
Long-Term Investments0000000
Other Non-Current Assets27M61M324M658M235M446M582M
Total Assets+2.63B4.6B22.29B17.88B16.78B15.41B14.86B
Asset Turnover--0.00x0.09x0.26x0.32x0.36x
Asset Growth %-74.78%384.44%-19.82%-6.14%-8.15%-3.54%
Total Current Liabilities+185M611M1.31B2.42B2.49B2.25B3.69B
Accounts Payable27M90M483M1B981M499M595M
Days Payables Outstanding1.41K1.13K339.0376.3455.3929.5241.42
Short-Term Debt028M00000
Deferred Revenue (Current)18M28M74M0001.66B
Other Current Liabilities00-74M0536M02.03B
Current Ratio12.39x4.94x14.13x5.42x4.95x4.70x2.33x
Quick Ratio12.39x4.94x13.93x4.86x3.90x3.70x1.89x
Cash Conversion Cycle--25.8449.02105.8136107.15
Total Non-Current Liabilities+2.82B5.38B1.47B1.65B5.15B6.6B6.58B
Long-Term Debt71M47M1.23B1.23B4.43B4.44B4.99B
Capital Lease Obligations083M218M311M400M379M0
Deferred Tax Liabilities0000000
Other Non-Current Liabilities2.75B5.25B23M111M319M1.78B1.59B
Total Liabilities3.01B5.99B2.78B4.08B7.64B8.85B10.27B
Total Debt+74M180M1.61B1.81B4.92B5.74B4.99B
Net Debt-2.19B-2.8B-16.53B-9.76B-2.94B443M1.41B
Debt / Equity--0.08x0.13x0.54x0.87x1.08x
Debt / EBITDA-------
Net Debt / EBITDA-------
Interest Coverage-12.03x-127.63x-145.52x-66.56x-26.09x-14.75x-
Total Equity+-375M-1.38B19.51B13.8B9.14B6.56B4.62B
Equity Growth %--269.07%1509.97%-29.29%-33.76%-28.21%-29.56%
Book Value per Share-3.83-13.7095.6615.119.656.483.90
Total Shareholders' Equity-375M-1.38B19.51B13.8B9.14B6.56B4.59B
Common Stock001M1M1M1M1M
Retained Earnings-668M-1.69B-6.37B-13.13B-18.56B-23.3B-26.95B
Treasury Stock0000000
Accumulated OCI000-2M3M-4M8M
Minority Interest000004M28M

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Cash from Operations+-353M-848M-2.62B-5.05B-4.87B-1.72B-779M
Operating CF Margin %---4767.27%-304.7%-109.74%-34.53%-14.46%
Operating CF Growth %--140.23%-209.2%-92.68%3.68%64.73%54.6%
Net Income-426M-1.02B-4.69B-6.75B-5.43B-4.75B-3.63B
Depreciation & Amortization7M29M197M652M937M1.03B784M
Stock-Based Compensation0-570M987M821M692M741M
Deferred Taxes0-95M0000
Other Non-Cash Items37M42M1.12B1B222M140M1.32B
Working Capital Changes29M100M84M-941M-1.41B1.17B0
Change in Receivables-16M--20M-76M-59M-282M-112M
Change in Inventory0--369M-1.66B-1.6B307M522M
Change in Payables0-427M461M105M-572M571M
Cash from Investing+-199M-914M-1.79B-1.37B-2.51B-1.98B-1.83B
Capital Expenditures-199M-914M-1.79B-1.37B-1.03B-1.14B-1.71B
CapEx % of Revenue--3261.82%82.57%23.14%22.96%31.74%
Acquisitions0-00000
Investments-------
Other Investing-2M000000
Cash from Financing+2.81B2.5B19.83B99M3.13B1.14B886M
Debt Issued (Net)61M03.73B03.19B1B0
Equity Issued (Net)1000K1000K1000K1000K1000K1000K0
Dividends Paid0-00000
Share Repurchases0-6M00000
Other Financing00-86M-3M-126M72M886M
Net Change in Cash2.26B715M15.41B-6.32B-4.24B-2.56B-1.72B
Free Cash Flow+-552M-1.76B-4.42B-6.42B-5.89B-2.86B-2.49B
FCF Margin %---8029.09%-387.27%-132.88%-57.48%-46.2%
FCF Growth %--219.2%-150.62%-45.4%8.24%51.51%12.88%
FCF per Share-5.63-17.45-21.65-7.03-6.22-2.82-2.10
FCF Conversion (FCF/Net Income)0.77x0.83x0.56x0.75x0.90x0.36x0.21x
Interest Paid0-00000
Taxes Paid0-00000

Key Ratios

Metric2019202020212022202320242025
Return on Equity (ROE)---51.72%-40.54%-47.36%-60.45%-65.2%
Return on Invested Capital (ROIC)----146.27%-84.02%-53.25%-41.24%
Gross Margin---845.45%-188.36%-45.78%-24.14%2.67%
Net Margin---8523.64%-407.24%-122.51%-95.49%-67.68%
Debt / Equity--0.08x0.13x0.54x0.87x1.08x
Interest Coverage-12.03x-127.63x-145.52x-66.56x-26.09x-14.75x-
FCF Conversion0.77x0.83x0.56x0.75x0.90x0.36x0.21x
Revenue Growth---2914.55%167.43%12.09%8.39%

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