Polestar Automotive Holding UK (PSNYW) Exchange Rate Effect (2021 - 2024)
Polestar Automotive Holding UK (PSNYW) posted quarterly Exchange Rate Effect of $10.9 million for Q2 2024, up 126.75% year-over-year from $4.8 million in Q3 2023, and up 134.88% quarter-over-quarter from -$31.3 million in Q1 2024.
Polestar Automotive Holding UK (PSNYW) Exchange Rate Effect (2021 - 2024) Analysis & Trends
Polestar Automotive Holding UK (PSNYW) has reported Exchange Rate Effect for 4 consecutive years, with $10.9 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Exchange Rate Effect rose 126.75% year-over-year to $10.9 million; the TTM figure through Jun 2024 stood at $19.7 million (up 127.15% YoY), while the FY2025 annual figure was $163.0 million, up 432.65% from the prior year.
- Exchange Rate Effect rose to $10.9 million in Q2 2024 per PSNYW's latest filing, from -$31.3 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $45.4 million in Q4 2023 and bottomed at -$40.8 million in Q2 2023.
- Historically, Exchange Rate Effect has averaged -$8.9 million across 4 years, with a median of -$10.0 million in 2022.
- Annual changes were most pronounced in 2023 — Exchange Rate Effect soared 604.48% — and 2024, when it slumped 1512.64%.
- Polestar Automotive Holding UK's Exchange Rate Effect stood at -$8.8 million in 2021, then dropped by 2.58% to -$9.0 million in 2022, then jumped by 604.48% to $45.4 million in 2023, then slumped by 75.94% to $10.9 million in 2024.
- Business Quant data shows PSNYW's Exchange Rate Effect at $10.9 million in Q2 2024, -$31.3 million in Q1 2024, and $45.4 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | -36.00 Mn |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 367.37 Mn |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | -1.18 Bn |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | -7.00 Mn |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 30.00 Mn |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | -23.40 Mn |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | - |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | 2.00 Mn |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 116.24 Mn |
| 10 | Polestar Automotive Holding UK | 7.47 Bn | 7.47 Bn | -20.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 10.92 Mn |
| Jun 30, 2024 | 10.92 Mn |
| Mar 31, 2024 | -31.30 Mn |
| Mar 31, 2024 | -31.30 Mn |
| Dec 31, 2023 | 45.39 Mn |
| Dec 31, 2023 | 45.39 Mn |
| Sep 30, 2023 | -5.30 Mn |
| Sep 30, 2023 | -5.30 Mn |
| Jun 30, 2023 | -40.82 Mn |
| Jun 30, 2023 | -40.82 Mn |
| Mar 31, 2023 | 2.22 Mn |
| Mar 31, 2023 | 2.22 Mn |
| Dec 31, 2022 | -9.00 Mn |
| Dec 31, 2022 | -9.00 Mn |
| Sep 30, 2022 | -24.98 Mn |
| Sep 30, 2022 | -24.98 Mn |
| Jun 30, 2022 | -21.99 Mn |
| Jun 30, 2022 | -21.99 Mn |
| Mar 31, 2022 | -10.99 Mn |
| Mar 31, 2022 | -10.99 Mn |