REE Automotive (REE) EBIT (2020 - 2024)

REE Automotive (REE) posted quarterly EBIT of -$21.8 million for Q4 2024, down 158.63% YoY from $37.2 million in Q1 2024, and down 17.66% sequentially from -$18.5 million in Q3 2024.

REE Automotive (REE) EBIT (2020 - 2024) Analysis & Trends

REE Automotive has disclosed EBIT across 5 years of filings, most recently posting -$21.8 million for Q4 2024.

  • In Q4 2024, EBIT fell 158.63% year-over-year to -$21.8 million; the TTM figure through Dec 2024 stood at -$3.2 million (up 87.24% YoY), while the FY2025 annual figure was $106.4 billion, up 134576.61% from the prior year.
  • EBIT fell to -$21.8 million in Q4 2024, from -$18.5 million in the prior quarter.
  • Over the last five years, EBIT for REE reached as high as $37.2 million in Q4 2023 and fell as low as -$31.1 billion in Q2 2021.
  • The 5-year median for EBIT is -$24.8 million (2022), against an average of -$2.0 billion.
  • Annual changes were most pronounced in 2021 — EBIT slumped 2290552.32% — and 2023, when it surged 233.65%.
  • A 5-year view of EBIT shows it stood at -$10.7 million in 2020, then sank by 268.1% to -$39.5 million in 2021, then rose by 29.57% to -$27.8 million in 2022, then surged by 233.65% to $37.2 million in 2023, then plunged by 158.63% to -$21.8 million in 2024.
  • According to Business Quant data, EBIT over the past three periods registered -$21.8 million, -$18.5 million, and -$15645.0 for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Advance Auto Parts 65.13 Bn 62.01 Bn 869.00 Mn 44.00 Mn
2 Autozone 53.07 Bn 52.82 Bn 2.52 Bn 923.76 Mn
3 Magna International 17.54 Bn 16.29 Bn 1.42 Bn 463.00 Mn
4 Genuine Parts 16.15 Bn 15.67 Bn 2.34 Bn 286.27 Mn
5 Aurora Innovation 13.77 Bn 12.55 Bn -5.00 Mn -244.00 Mn
6 Borgwarner 13.21 Bn 13.37 Bn 677.00 Mn 336.00 Mn
7 Aptiv 12.84 Bn 9.76 Bn 920.00 Mn 378.00 Mn
8 Autoliv 8.73 Bn 8.37 Bn 526.00 Mn 237.00 Mn
9 Modine Manufacturing 8.68 Bn 8.59 Bn 186.10 Mn 89.30 Mn
10 REE Automotive 6.75 Mn -7.50 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -21.79 Mn
Sep 30, 2024 18.52 Mn
Jun 30, 2024 15,645.00
Dec 31, 2023 -37.17 Mn
Sep 30, 2023 -25,581.00
Dec 31, 2022 -27.81 Mn
Sep 30, 2022 -34.07 Mn
Jun 30, 2022 -29.42 Mn
Mar 31, 2022 -38.22 Mn
Dec 31, 2021 -39.49 Mn
Sep 30, 2021 -432.27 Mn
Jun 30, 2021 -31,139.00
Mar 31, 2021 -12.60 Mn
Dec 31, 2020 -10.73 Mn
Sep 30, 2020 -18,871.00
Jun 30, 2020 -34.02 Mn