(RIVN) Rivian Automotive - NASDAQ
Sector: Consumer Cyclical | Industry: Auto Manufacturers | Exchange: NASDAQ (USA) | Market Cap: 20.868m USD | Total Return: 21.2% in 12m
Avg Turnover: 497M
Qual. Beats: 0
Rev. Trend: 83.2%
Qual. Beats: 0
Warnings
Interest Coverage Ratio -14.3 is critical
Altman Z'' -5.82 < 1.0 - financial distress zone
Volatile
Tailwinds
No distinct edge detected
Rivian Automotive (RIVN) is a California-based manufacturer specializing in electric vehicles (EVs) for consumer and commercial markets. The company operates through two primary segments: Automotive, which produces the R1T pickup and R1S SUV, and Software and Services, which manages vehicle connectivity, financing, and maintenance. Rivian also develops proprietary charging infrastructure and fleet management software.
The company maintains a significant commercial partnership with Amazon to produce specialized Electric Delivery Vans (EDVs). Unlike traditional legacy automakers that rely on third-party dealership networks, Rivian utilizes a direct-to-consumer sales model and manages its own service centers to capture higher margins over the vehicles lifecycle.
The EV sector is currently characterized by high capital intensity and a shift toward vertically integrated software-defined vehicle architectures. Investors can monitor these evolving industry trends and valuation metrics on ValueRay. Rivian continues to expand its production capacity while developing its next-generation mid-size vehicle platform.
- Production ramp of R1S and R1T models determines quarterly revenue growth
- Manufacturing cost reductions and efficiency gains are critical for gross margin profitability
- Amazon delivery van orders provide stable commercial revenue and fleet data
- Capital expenditure for R2 platform development impacts long-term liquidity and cash burn
- High interest rates and lithium price volatility influence consumer demand and margins
| Net Income: -3.52b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.17 > 0.02 and ΔFCF/TA -5.49 > 1.0 |
| NWC/Revenue: 66.79% < 20% (prev 151.9%; Δ -85.15% < -1%) |
| CFO/TA -0.05 > 3% & CFO -779.0m > Net Income -3.52b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.25b) vs 12m ago 9.85% < -2% |
| Gross Margin: -1.72% > 18% (prev -10.77%; Δ 9.05% > 0.5%) |
| Asset Turnover: 37.18% > 50% (prev 32.29%; Δ 4.89% > 0%) |
| Interest Coverage Ratio: -14.27 > 6 (EBIT TTM -3.81b / Interest Expense TTM 267.0m) |
| A: 0.26 (Total Current Assets 7.04b - Total Current Liabilities 3.35b) / Total Assets 14.2b |
| B: -1.92 (Retained Earnings -27.4b / Total Assets 14.2b) |
| C: -0.26 (EBIT TTM -3.81b / Avg Total Assets 14.9b) |
| D: 0.45 (Book Value of Equity 4.40b / Total Liabilities 9.80b) |
| Altman-Z'' = -5.82 = D |
| DSRI: 0.75 (Receivables 342.0m/412.0m, Revenue 5.53b/5.01b) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 2.30 (AQ_t 0.08 / AQ_t-1 0.04) |
| SGI: 1.10 (Revenue 5.53b / 5.01b) |
| TATA: -0.19 (NI -3.52b - CFO -779.0m) / TA 14.2b) |
| Beneish M = -2.40 (Cap -4..+1) = BBB |
As of June 17, 2026, the stock is trading at USD 16.68 with a total of 19,797,439 shares traded.
Over the past week, the price has changed by -0.95%,
over one month by +20.96%,
over three months by +8.81% and
over the past year by +21.22%.
Rivian Automotive has received a consensus analysts rating of 3.48. Therefore, it is recommended to hold RIVN.
- StrongBuy: 7
- Buy: 3
- Hold: 16
- Sell: 3
- StrongSell: 0
| Analysts Target Price | 18.2 | 8.8% |
P/S = 3.775
P/B = 4.7395
Revenue TTM = 5.53b USD
EBIT TTM = -3.81b USD
EBITDA TTM = -2.88b USD
Long Term Debt = 4.44b USD (from longTermDebt, last quarter)
Short Term Debt = 1.55b USD (from shortTermDebt, last quarter)
Debt = 8.71b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.13b
Net Debt = 3.88b USD (calculated: Debt 8.71b - CCE 4.83b)
Enterprise Value = 24.7b USD (20.9b + Debt 8.71b - CCE 4.83b)
Interest Coverage Ratio = -14.27 (Ebit TTM -3.81b / Interest Expense TTM 267.0m)
EV/FCF = -9.94x (Enterprise Value 24.7b / FCF TTM -2.49b)
FCF Yield = -10.06% (FCF TTM -2.49b / Enterprise Value 24.7b)
FCF Margin = -45.03% (FCF TTM -2.49b / Revenue TTM 5.53b)
Net Margin = -63.62% (Net Income TTM -3.52b / Revenue TTM 5.53b)
Gross Margin = -1.72% ((Revenue TTM 5.53b - Cost of Revenue TTM 5.62b) / Revenue TTM)
Gross Margin QoQ = 8.62% (prev 3.19%)
Tobins Q-Ratio = 1.74 (Enterprise Value 24.7b / Total Assets 14.2b)
Interest Expense / Debt = 3.07% (Interest Expense 267.0m / Debt 8.71b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -3.01b (EBIT -3.81b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.10 (Total Current Assets 7.04b / Total Current Liabilities 3.35b)
Debt / Equity = 1.98 (Debt 8.71b / totalStockholderEquity, last quarter 4.40b)
Debt / EBITDA = -1.35 (negative EBITDA) (Net Debt 3.88b / EBITDA -2.88b)
Debt / FCF = -1.56 (negative FCF - burning cash) (Net Debt 3.88b / FCF TTM -2.49b)
Total Stockholder Equity = 5.03b (last 4 quarters mean from totalStockholderEquity)
RoA = -23.65% (Net Income -3.52b / Total Assets 14.2b)
RoE = -69.98% (Net Income TTM -3.52b / Total Stockholder Equity 5.03b)
RoCE = -40.25% (EBIT -3.81b / Capital Employed (Equity 5.03b + L.T.Debt 4.44b))
RoIC = -24.76% (negative operating profit) (NOPAT -3.01b / Invested Capital 12.2b)
WACC = 9.34% (E(20.9b)/V(29.6b) * Re(12.23%) + D(8.71b)/V(29.6b) * Rd(3.07%) * (1-Tc(0.21)))
Discount Rate = 12.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 12.25%
[DCF] Fair Price = unknown (Cash Flow -2.49b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.33 | # QB: 0
Revenue Correlation: 83.20 | Revenue CAGR: 18.53% | SUE: 0.10 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.77 | Chg30d=-0.29% | Revisions=-33% | Analysts=14
EPS next Quarter (2026-09-30): EPS=-0.77 | Chg30d=+0.10% | Revisions=+27% | Analysts=13
EPS current Year (2026-12-31): EPS=-2.70 | Chg30d=+0.00% | Revisions=+60% | GrowthEPS=+12.0% | GrowthRev=+31.2%
EPS next Year (2027-12-31): EPS=-2.38 | Chg30d=+0.00% | Revisions=-14% | GrowthEPS=+11.9% | GrowthRev=+64.5%
[Analyst] Revisions Ratio: +60%