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← CockpitCompetitor Analysis › RIVN Rivian Automotive, Inc. Class AOpen in the cockpit ↗

Rivian Automotive, Inc. Class ARIVNCompetitor analysis, valuation and peers

United States · USD·Consumer Discretionary›Motor Vehicles

US electric-vehicle maker producing electric pickup trucks, SUVs and commercial delivery vans (for Amazon), building toward a lower-cost mass-market model (R2).

Momentum weak 35
Mkt cap
$19.9B
US dollars, full cap
Free float
65%
of shares outstanding
$/day
$388M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-59.2 pp
WACC 11.4%
Hurdle
n/a
no reverse DCF
Next earnings
111 days
25 Feb 2027
Close · USD$13.61
1D+2.4%
1W+11.9%
1M-5.0%
3M-17.0%
6M-4.3%
YTD-30.9%
1Y-11.7%
ATR %5.0%
Beta1.76
52w lowhigh40.0% off high

What Rivian Automotive does

US electric-vehicle maker producing electric pickup trucks, SUVs and commercial delivery vans (for Amazon), building toward a lower-cost mass-market model (R2).

Sells vehicles directly to buyers online and through its own stores, without dealers, and supplies delivery vans mainly to Amazon, an early investor. A joint venture with Volkswagen, started in 2024, brings development revenue from licensing Rivian's software and electrical architecture. It builds in Illinois, with a second factory planned in Georgia.

Products and services

  • R1T electric pickup
  • R1S electric SUV
  • Electric Delivery Van (Amazon)
  • R2/R3 upcoming mass-market EVs

Customers

  • Retail EV buyers (adventure/outdoor segment)
  • Amazon (commercial delivery vans)

Where it sits in the supply chain

  • Consumer Discretionary
  • Automotive manufacturing
  • Electric vehicles

What could go right

  • R2 launch expanding addressable market
  • Amazon delivery van volume ramp

What could go wrong

  • High cash burn/path-to-profitability risk
  • EV demand growth slowdown/incentive policy risk

Moat: none (brand, IP / patents). Differentiated adventure-focused EV brand and in-house software/electrical architecture, but not yet profitable at scale.

Headquarters: Irvine, California, USA · Founded: 2009 · Employees: 15,232

Named competitors

Rivian Automotive at a glance

Size Rivian Automotive (RIVN) is a United States Consumer Discretionary company (Motor Vehicles) with a market value of $19.9B, the 497th largest of 3,117 United States companies the cockpit tracks. Shares closed at $13.61 on 6 Nov 2026.

Performance Over six months the shares fell 4.3%, against -1.3% for the median peer and -1.1% for the United States market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 11.1% over the last twelve months (peer median +8.0%); the operating margin is -53.0% (peer median 5.8%).

Valuation It trades at 3.1× enterprise value to sales against a peer median of 0.6× (4th most expensive of 21).

Capital Return on invested capital runs 59.2 points below its cost of capital (11.4% WACC).

Credit Rivian Automotive has 2 bonds outstanding ($3.23B).

Short interest Short interest is 11.4% of the free float (15 Oct 2026).

Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012014011 May 202611 Aug 20266 Nov 2026Peer median 100RIVN 97
Six months, rebased to 100: Rivian Automotive against the median of its 20 peers (local-currency closes).

Rivian Automotive financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$6.48B$5.39B$4.97B$4.43B$1.66B
Revenue growth—+8%+12%+167%—
Gross profit$261M-$149M-$1.49B-$2.31B-$3.30B
EBITDA-$2.57B-$2.80B-$3.66B-$4.80B-$6.20B
Net income-$2.97B-$3.65B-$4.75B-$5.43B-$6.75B
Free cash flow-$4.19B-$2.49B-$2.86B-$5.89B-$6.42B
Capital expenditure$1.56B$1.71B$1.14B$1.03B$1.37B
Total debt$5.43B$5.20B$5.00B$4.92B$1.61B

Quarterly statements and history in the cockpit →

Rivian Automotive competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-10%0%+10%01758TRAHYUNDAI6001049973EICHERMOTTVSMOTORSTLAPTMCV23337269000270BAJAJ-AUTO201572707309TMPV9927DTGRIVN6-month return →1-month return →
Up and to the right = strong over both horizons. Rivian Automotive is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×2.5×5×7.5×01758TRAHYUNDAI6001049973EICHERMOTTVSMOTORSTLAP2333000270BAJAJ-AUTO2015HEROMOTOCO7309TMPVDTGRIVNRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Rivian Automotive is the large dot.

Rivian Automotive competitors and peer comparison

Head to head with its named competitors (RIVN vs TSLA vs F vs LCID)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Rivian Automotive RIVN$19.9B-4%+11%-53%3.1×n/a
Tesla TSLA$1.42T-16%+8%4%13.4×n/a
Ford Motor F$48.8B+2%-1%2%1.0×25.6%
Lucid LCID$1.30B-48%+67%-259%4.6×n/a

How Rivian Automotive compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Rivian Automotive against its 20 peers (data as of 6 Nov 2026)
MeasureRIVNPeer medianRank in peer set
1-month return-5.0%+3.0%4th lowest of 21
6-month return-4.3%-1.3%10th lowest of 21
Distance from 52-week high-40.0%-21.4%7th lowest of 21
Revenue growth (TTM)+11.1%+8.0%9th highest of 20
Operating margin-53.0%5.8%lowest of 21
EV / Sales3.1×0.6×4th most expensive of 21
ROIC minus cost of capital-59.2 pp+1.7 pp2nd lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Rivian Automotive RIVNUnited States$19.9B-4%+11%-53%3.1×n/an/a
Geely Auto 0175.HKHong Kong$20.1B-34%+27%4%0.4×-9.3%+29.3%
Traton 8TRA.DEGermany$18.9B+2%+1%6%1.0×n/an/a
Hyundai Motor India HYUNDAI.NSIndia$18.3B+16%+8%7%2.2×26.6%+11.8%
SAIC Motor 600104.SSChina$17.8B-24%-3%2%0.3×-14.7%-2.4%
Chery Automobile 9973.HKHong Kong$17.8B-22%+11%5%0.0×n/an/a
Eicher Motors EICHERMOT.NSIndia$22.3B+5%+28%21%8.4×36.0%+21.8%
TVS Motor TVSMOTOR.NSIndia$22.6B+21%+34%12%3.8×n/an/a
Stellantis STLAP.PAFrance$17.0B-40%-2%-14%0.3×n/an/a
Tata Motors TMCV.NSIndia$16.6B-2%n/a9%1.6×17.8%n/a
Great Wall Motor 2333.HKHong Kong$15.7B-48%+13%2%0.5×-5.1%+15.6%
Suzuki Motor 7269.TJapan$27.3B+26%+14%9%0.7×-0.8%+14.6%
Kia 000270.KSSouth Korea$28.3B-34%+8%7%0.3×-12.9%+14.0%
Bajaj Auto BAJAJ-AUTO.NSIndia$31.7B+3%+48%19%3.9×27.3%+17.4%
Li Auto-w 2015.HKHong Kong$12.4B-32%-24%-7%0.3×n/an/a
Subaru 7270.TJapan$12.3B+16%0%3%0.3×2.7%+11.1%
Hero Motocorp HEROMOTOCO.NSIndia$11.7B+3%+27%12%1.9×14.1%+9.2%
Shimano 7309.TJapan$11.5B+29%+5%12%2.8×6.0%+4.3%
Tata Motors Passenger Vehicles TMPV.NSIndia$11.4B-19%-22%0%0.3×n/an/a
Seres 9927.HKHong Kong$11.4B-54%-2%-4%0.5×n/an/a
Daimler Truck DTG.DEGermany$34.7B-1%-14%5%1.1×9.8%+4.8%

Rivian Automotive bonds and credit

Rivian Automotive has 2 bonds outstanding with $3.23B face value.

Every bond, yield and spread in the cockpit →

Questions

Who are Rivian Automotive's main competitors?
Named competitors: Tesla (TSLA), Ford (F-150 Lightning) (F), Lucid Group (LCID). The cockpit's measured peer set (industry) also includes Geely Auto (0175.HK), Traton (8TRA.DE), Hyundai Motor India (HYUNDAI.NS), SAIC Motor (600104.SS), Chery Automobile (9973.HK), Eicher Motors (EICHERMOT.NS).
Is Rivian Automotive expensive compared with its peers?
On ev / sales it trades at 3.1× against a peer median of 0.6×, 4th most expensive of 21 in its peer set.
How has Rivian Automotive stock performed?
Over six months to 6 Nov 2026 the shares returned -4.3% against -1.3% for the median peer; over one year -11.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.