RIVN Analysis — TradeApes

Rivian Automotive, Inc. / DE (RIVN)

Consumer Cyclical Auto Manufacturers

$17.24 close · Jul 21, 2026

Specialized 41 Health · Weak

Above 50 & 200 SMA ✦ Golden Cross

52W -21.3% from High

Methodology Breakdown

This stock uses a non-standard methodology. The breakdown below shows what the engine computed.

Method	Value	Role
Peer Multiples	$3.16	REFERENCE
Book Value Anchor	$6.21	REFERENCE
Cash Floor	$2.71	REFERENCE
NAV Anchor	$6.21	REFERENCE

Health Score

Out of 100

Weak

Pillar Scores

Financial Strength 40

Operating Trend 40

Valuation 40

Capital Allocation 40

Risk Management 50

Positives

↑ Net cash position — more cash on hand than total debt +3.8

↑ Strong liquidity — current assets more than 2× current liabilities +1.3

Concerns

↓ Weak interest coverage — earnings barely cover debt service -3.8

↓ Altman Z-Score in distress zone — elevated bankruptcy risk -3.0

↓ Large FCF burn — cash consumption exceeds 10% of revenue -2.5

Signal contribution: +5.1 from strengths -17.1 from concerns

Health Score Trend 8 snapshots

Financials

TTM Financials

Revenue ?Total sales generated from the company's primary business activities over the trailing twelve months.	5.53B
Gross Profit ?Revenue minus cost of goods sold. What remains before operating expenses — reflects pricing power and production efficiency.	57.0M
Operating Income ?Profit from core business operations after all operating expenses (EBIT). Excludes interest and taxes.	-3.81B
Net Income ?Bottom-line profit after all expenses, interest, and taxes are deducted from revenue.	-3.52B
Free Cash Flow ?Operating cash flow minus capital expenditures. The actual cash the business generates after maintaining its assets — the truest measure of profitability.	-3.04B
EBITDA ?Earnings before interest, taxes, depreciation & amortization. A proxy for operating cash earnings that strips out accounting and financing differences.	-3.03B
Total Debt ?Combined short-term and long-term interest-bearing debt obligations. Compare against cash and earnings to gauge leverage risk.	4.44B
Cash & Equivalents ?Highly liquid assets on hand — cash, money market funds, and short-term securities. The company's immediate financial cushion.	2.85B

Valuation

Market Cap	21.53B
Enterprise Value	23.82B
EV / Revenue	4.3x
EV / EBITDA	-7.9x
P/E (TTM)	-6.1x
Forward P/E	—
PEG	—
P/FCF	-7.1x
FCF Yield	-14.1%

EV/Sales vs history — 57% percentile (mid-range)

CheapMidExpensive

P/Book vs history — 63% percentile (mid-range)

CheapMidExpensive

Relative Valuation

Negative FCF (-3.04B TTM) — using relative multiples instead of DCF

EV / Revenue

4.3x

Book Value / Share

$3.55

Price / Book

4.9x

Price / Sales

3.9x

Key Metrics

Gross Margin ?Gross profit as a % of revenue. Measures how efficiently the company produces its goods or services — higher is better.	1.0%
EBITDA Margin ?EBITDA as a % of revenue. Shows core operating profitability before accounting adjustments — useful for comparing across industries.	-54.9%
Net Margin ?Net income as a % of revenue. The ultimate measure of overall profitability after every expense, interest payment, and tax is accounted for.	-63.6%
FCF Margin ?Free cash flow as a % of revenue. Shows how much of each dollar of revenue converts into real, spendable cash.	-55.0%
Revenue Growth (YoY) ?Year-over-year change in total revenue. Measures business momentum — sustained growth above 15% is typically considered strong.	10.4%
Net Income Growth (YoY) ?Year-over-year change in net income. Shows whether profits are growing faster or slower than revenue — a key indicator of improving or deteriorating quality.	8.6%
Piotroski F-Score ?Score from 0–9 measuring financial strength across profitability, leverage, and efficiency signals. 8–9 = strong, 0–2 = distressed.	5 / 9
Altman Z-Score ?Bankruptcy risk model. Above 2.99 = safe zone, 1.81–2.99 = grey zone, below 1.81 = distress signal. Most useful for manufacturing companies.	0.52

Community Sentiment

Not enough ratings yet.
Be the first to rate this company below.

Quarterly Financials

Metric	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25	Q4 '25	Q3 '24	Q2 '24	Q1 '24	Q4 '23	Q3 '23	Q2 '23
Revenue ?Total quarterly sales from primary business operations.	1.38B	1.29B	1.56B	1.30B	1.24B	1.73B	874.0M	1.16B	1.20B	1.32B	1.34B	1.12B
Gross Profit ?Quarterly revenue minus cost of goods sold.	119.0M	120.0M	24.0M	-206.0M	206.0M	170.0M	-392.0M	-451.0M	-527.0M	-606.0M	-477.0M	-412.0M
Operating Income ?Quarterly profit from core operations before interest and taxes (EBIT).	-881.0M	-833.0M	-983.0M	-1.11B	-655.0M	-661.0M	-1.17B	-1.38B	-1.48B	-1.58B	-1.44B	-1.29B
Net Income ?Quarterly bottom-line profit after all expenses and taxes.	-416.0M	-811.0M	-1.17B	-1.12B	-545.0M	-744.0M	-1.10B	-1.46B	-1.45B	-1.52B	-1.37B	-1.20B
FCF ?Quarterly free cash flow: operating cash minus capital expenditures.	-1.08B	-1.14B	-421.0M	-398.0M	-526.0M	856.0M	-1.15B	-1.04B	-1.52B	-1.41B	-1.07B	-1.62B

Revenue & Free Cash Flow

Want to track RIVN in your own watchlist?

Create a free account to save companies, refresh fundamentals on demand, and record your investment thesis.

Get stocks like RIVN in your inbox every Sunday

11 sector-leading stocks delivered to your inbox every Sunday. Free.

No spam. Unsubscribe anytime.

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Scores and valuations are derived from SEC filings and publicly available data. Always do your own research before making investment decisions.