Rivian Automotive (RIVN) Asset Writedowns and Impairment (2021 - 2024)

Rivian Automotive (RIVN) posted Asset Writedowns and Impairment of -$64.0 million for Q4 2024, down 255.56% sequentially from -$18.0 million in Q3 2024, and down 337.04% YoY from $27.0 million in Q1 2024.

Rivian Automotive (RIVN) Asset Writedowns and Impairment (2021 - 2024) Analysis & Trends

Rivian Automotive has reported Asset Writedowns and Impairment for 4 years, with the latest figure at -$64.0 million in Q4 2024.

  • Quarterly Asset Writedowns and Impairment fell 337.04% year-over-year to -$64.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $66.0 million (down 79.31% YoY) and the FY2024 annual result came in at $66.0 million, down 79.31% from the prior year.
  • Asset Writedowns and Impairment fell to -$64.0 million in Q4 2024 per RIVN's latest filing, from -$18.0 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $612.0 million in Q4 2021 and troughed at -$180.0 million in Q2 2024.
  • A 4-year average of $139.1 million and a median of $92.5 million in 2022 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2022 and 2024: Asset Writedowns and Impairment surged 1174.19% in 2022, then plunged 1900.0% in 2024.
  • Over 4 years, Asset Writedowns and Impairment stood at $612.0 million in 2021, then slumped by 63.4% to $224.0 million in 2022, then sank by 87.95% to $27.0 million in 2023, then plunged by 337.04% to -$64.0 million in 2024.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$64.0 million, -$18.0 million, and -$180.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,040.86 Bn 997.94 Bn 4.75 Bn
2 Toyota Motor 242.43 Bn 113.98 Bn 12.27 Bn
3 Polestar Automotive Holding UK 199.81 Bn 199.81 Bn -20.00 Mn
4 Ford Motor 85.01 Bn 53.71 Bn 6.08 Bn
5 General Motors 78.23 Bn 55.16 Bn 7.33 Bn
6 Li Auto 25.97 Bn 12.60 Bn 262.11 Mn
7 Xpeng 22.53 Bn 19.99 Bn 388.90 Mn
8 Rivian Automotive 21.19 Bn 15.90 Bn 179.00 Mn
9 Stellantis 16.26 Bn -24.66 Bn 5.55 Bn
10 Nio 11.54 Bn 8.43 Bn 704.43 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 52.00 Mn
Dec 31, 2024 52.00 Mn
Sep 30, 2024 -39.00 Mn
Sep 30, 2024 -39.00 Mn
Jun 30, 2024 -275.00 Mn
Jun 30, 2024 -275.00 Mn
Mar 31, 2024 328.00 Mn
Mar 31, 2024 328.00 Mn
Dec 31, 2023 205.00 Mn
Dec 31, 2023 205.00 Mn
Sep 30, 2023 -106.00 Mn
Sep 30, 2023 -106.00 Mn
Jun 30, 2023 -9.00 Mn
Jun 30, 2023 -9.00 Mn
Mar 31, 2023 229.00 Mn
Mar 31, 2023 229.00 Mn
Dec 31, 2022 224.00 Mn
Dec 31, 2022 224.00 Mn
Sep 30, 2022 395.00 Mn
Sep 30, 2022 395.00 Mn