Rivian Automotive Inc

Company Profile

Rivian Automotive Inc had its IPO on 2021-11-10 under the ticker symbol RIVN.

The company operates in the Consumer Cyclical sector and Auto Manufacturers industry. Rivian Automotive Inc has a staff strength of 14,122 employees.

Stock update

Shares of Rivian Automotive Inc opened at $23.21 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $23.06 - $24.46, and closed at $23.58.

This is a +0.73% increase from the previous day's closing price.

A total volume of 23,894,656 shares were traded at the close of the day’s session.

In the last one week, shares of Rivian Automotive Inc have increased by +1.16%.

Rivian Automotive Inc's Key Ratios

Rivian Automotive Inc has a market cap of $22.10 billion, indicating a price to book ratio of 1.6387 and a price to sales ratio of 20.186.

In the last 12-months Rivian Automotive Inc’s revenue was $2.98 billion with a gross profit of $-3123000000 and an EBITDA of $-5503000064. The EBITDA ratio measures Rivian Automotive Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Rivian Automotive Inc’s operating margin was -210.9% while its return on assets stood at -21.01% with a return of equity of -41.92%.

In Q2, Rivian Automotive Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 208%.

Rivian Automotive Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-6.62 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Rivian Automotive Inc’s profitability.

Rivian Automotive Inc stock is trading at a EV to sales ratio of 12.9856 and a EV to EBITDA ratio of -1.995. Its price to sales ratio in the trailing 12-months stood at 20.186.

Rivian Automotive Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$17.23 billion

Total Liabilities

$2.27 billion

Operating Cash Flow

$-1193000000.00

Capital Expenditure

$255 million

Dividend Payout Ratio

0%

Rivian Automotive Inc ended 2024 with $17.23 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $17.23 billion while shareholder equity stood at $11.71 billion.

Rivian Automotive Inc ended 2024 with $0 in deferred long-term liabilities, $2.27 billion in other current liabilities, 1000000.00 in common stock, $-15670000000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $9.26 billion and cash and short-term investments were $10.20 billion. The company’s total short-term debt was $324,000,000 while long-term debt stood at $2.72 billion.

Rivian Automotive Inc’s total current assets stands at $12.86 billion while long-term investments were $0 and short-term investments were $942.00 million. Its net receivables were $342.00 million compared to accounts payable of $1.01 billion and inventory worth $2.16 billion.

In 2024, Rivian Automotive Inc's operating cash flow was $-1193000000.00 while its capital expenditure stood at $255 million.

Comparatively, Rivian Automotive Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$23.58

52-Week High

$40.86

52-Week Low

$11.68

Analyst Target Price

$25.95

Rivian Automotive Inc stock is currently trading at $23.58 per share. It touched a 52-week high of $40.86 and a 52-week low of $40.86. Analysts tracking the stock have a 12-month average target price of $25.95.

Its 50-day moving average was $23.49 and 200-day moving average was $18.69 The short ratio stood at 1.66 indicating a short percent outstanding of 0%.

Around 1199.9% of the company’s stock are held by insiders while 6280.1% are held by institutions.