The historical rank and industry rank for Rivian Automotive's Pretax Margin % or its related term are showing as below:
RIVN'
s Pretax Margin % Range Over the Past 10 Years
Min: -8523.64 Med: -407 Max: -122.49
Current: -122.49
RIVN's Pretax Margin % is ranked worse than 95.64% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 4.47
vs RIVN: -122.49
Rivian Automotive Pretax Margin % Historical Data
The historical data trend for Rivian Automotive's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Rivian Automotive's Pretax Margin %
For the Auto Manufacturers subindustry, Rivian Automotive's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Rivian Automotive's Pretax Margin % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Rivian Automotive's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Rivian Automotive's Pretax Margin % falls into.
Rivian Automotive Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Rivian Automotive's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Rivian Automotive Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Rivian Automotive's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Rivian Automotive (Rivian Automotive) Business Description
Rivian Automotive Inc designs, develops and manufactures category-defining electric vehicles and accessories. In the consumer market, the company launched the R1 platform with the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV).
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