REE Automotive (REE) Operating Income (2020 - 2024)
REE Automotive (REE) posted quarterly Operating Income 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) Operating Income (2020 - 2024) Analysis & Trends
REE Automotive has disclosed Operating Income across 5 years of filings, most recently posting -$21.8 million for Q4 2024.
- In Q4 2024, Operating Income 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.
- Operating Income fell to -$21.8 million in Q4 2024, from -$18.5 million in the prior quarter.
- Over the last five years, Operating Income 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 Operating Income is -$24.8 million (2022), against an average of -$2.0 billion.
- Annual changes were most pronounced in 2021 — Operating Income slumped 2290552.32% — and 2023, when it surged 233.65%.
- A 5-year view of Operating Income 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, Operating Income 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) | Op. Inc (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| Date | Value |
|---|---|
| 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 |