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Rivian Automotive (FRA:99U) Tax Rate % : -0.07% (As of Mar. 2024)


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What is Rivian Automotive Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rivian Automotive's Tax Expense for the three months ended in Mar. 2024 was €1 Mil. Rivian Automotive's Pre-Tax Income for the three months ended in Mar. 2024 was €-1,329 Mil. Therefore, Rivian Automotive's Tax Rate % for the quarter that ended in Mar. 2024 was -0.07%.

Rivian Automotive Tax Rate % Historical Data

The historical data trend for Rivian Automotive's Tax Rate % 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.

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Rivian Automotive Tax Rate % Chart

Rivian Automotive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
- - - -0.06 -0.02

Rivian Automotive Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 - - - -0.07

Rivian Automotive Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Rivian Automotive's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0.917/-4980.227
=-0.02 %

Rivian Automotive's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.92/-1329.4
=-0.07 %

* 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.

Rivian Automotive Tax Rate % Related Terms

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Rivian Automotive (FRA:99U) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rivian Automotive Inc (FRA:99U) » Definitions » Tax Rate %
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Traded in Other Exchanges
RIVN:USA RIVN:Mexico 99U:Germany 99U:Germany
Address
14600 Myford Road, Irvine, CA, USA, 92606
Website
https://www.rivian.com
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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