Rivian Automotive (RIVN) Asset Writedowns and Impairment (2021 - 2024)
Rivian Automotive's (RIVN) quarterly Asset Writedowns and Impairment came in at -$64.0 million in Q4 2024, down 337.04% year-over-year from $27.0 million in Q1 2024, and down 255.56% quarter-over-quarter from -$18.0 million in Q3 2024.
Analysis
Rivian Automotive (RIVN) Asset Writedowns and Impairment (2021 - 2024) Analysis & Trends
Rivian Automotive has disclosed Asset Writedowns and Impairment across 4 years of filings, most recently posting -$64.0 million for Q4 2024.
- In Q4 2024, Asset Writedowns and Impairment fell 337.04% year-over-year to -$64.0 million; the TTM figure through Dec 2024 stood at $66.0 million (down 79.31% YoY), while the FY2024 annual figure was $66.0 million, down 79.31% from the prior year.
- Asset Writedowns and Impairment came in at -$64.0 million for Q4 2024 at Rivian Automotive, down from -$18.0 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $395.0 million in Q3 2022 to a low of -$180.0 million in Q2 2024.
- Average Asset Writedowns and Impairment over 4 years is $100.0 million, with a median of $68.0 million recorded in 2021.
- Year-over-year, Asset Writedowns and Impairment jumped 1174.19% in 2022 and tumbled 1900.0% in 2024.
- Over 4 years, Asset Writedowns and Impairment stood at $64.0 million in 2021, then surged by 250.0% to $224.0 million in 2022, then tumbled by 87.95% to $27.0 million in 2023, then slumped by 337.04% to -$64.0 million in 2024.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$64.0 million in Q4 2024, -$18.0 million in Q3 2024, and -$180.0 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Tesla | 1,159.10 Bn | 1,115.58 Bn | 4.75 Bn |
| 2 | Toyota Motor | 254.03 Bn | 176.04 Bn | 12.27 Bn |
| 3 | Honda Motor | 128.49 Bn | 88.36 Bn | 8.46 Bn |
| 4 | General Motors | 75.41 Bn | 50.69 Bn | 7.33 Bn |
| 5 | Ford Motor | 53.33 Bn | 21.99 Bn | 6.08 Bn |
| 6 | Rivian Automotive | 20.17 Bn | 14.86 Bn | 179.00 Mn |
| 7 | Li Auto | 12.13 Bn | -444.38 Mn | 417.98 Mn |
| 8 | Xpeng | 9.84 Bn | 7.52 Bn | 601.83 Mn |
| 9 | Nio | 8.17 Bn | 1.84 Bn | 870.51 Mn |
| 10 | VinFast Auto | 7.27 Bn | 7.27 Bn | -677,431.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -64.00 Mn |
| Sep 30, 2024 | -18.00 Mn |
| Jun 30, 2024 | -180.00 Mn |
| Mar 31, 2024 | 328.00 Mn |
| Dec 31, 2023 | 27.00 Mn |
| Sep 30, 2023 | 72.00 Mn |
| Jun 30, 2023 | -9.00 Mn |
| Mar 31, 2023 | 229.00 Mn |
| Dec 31, 2022 | 224.00 Mn |
| Sep 30, 2022 | 395.00 Mn |
| Jun 30, 2022 | 113.00 Mn |
| Mar 31, 2022 | 188.00 Mn |
| Dec 31, 2021 | 64.00 Mn |
| Sep 30, 2021 | 31.00 Mn |