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 up 65.41% YoY from -$38.7 million in Q1 2024.

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

Rivian Automotive (RIVN) has 4 years of Asset Writedowns and Impairment data on file, last reported at -$64.0 million in Q4 2024.

  • Quarterly Asset Writedowns and Impairment rose 65.41% year-over-year to -$64.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $66.0 million (down 38.32% YoY) and the FY2024 annual result came in at $66.0 million, down 38.32% 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.
  • The five-year high for Asset Writedowns and Impairment was $395.0 million in Q3 2022, with the low at -$185.0 million in Q4 2023.
  • Average Asset Writedowns and Impairment over 4 years is $84.9 million, with a median of $68.0 million recorded in 2021.
  • Year-over-year, Asset Writedowns and Impairment jumped 1174.19% in 2022 and slumped 1900.0% in 2024.
  • Rivian Automotive's Asset Writedowns and Impairment stood at $64.0 million in 2021, then surged by 250.0% to $224.0 million in 2022, then sank by 182.59% to -$185.0 million in 2023, then soared by 65.41% to -$64.0 million in 2024.
  • Business Quant data shows RIVN's Asset Writedowns and Impairment at -$64.0 million in Q4 2024, -$18.0 million in Q3 2024, and -$180.0 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Tesla 1,375.42 Bn 1,330.73 Bn 4.72 Bn
2 Ford Motor 78.30 Bn 47.85 Bn 7.94 Bn
3 General Motors 68.82 Bn 46.43 Bn 4.32 Bn
4 Xpeng 40.80 Bn 38.26 Bn 388.90 Mn
5 Rivian Automotive 21.46 Bn 16.65 Bn 119.00 Mn
6 Li Auto 12.40 Bn -965.30 Mn 262.11 Mn
7 Nio 12.31 Bn 9.20 Bn 704.43 Mn
8 VinFast Auto 7.23 Bn 91,500.01 Bn -17,004.89 Bn
9 Lucid 2.18 Bn 1.48 Bn -311.71 Mn
10 China Yuchai International 1.74 Bn 678.93 Mn 317.01 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 -64.00 Mn
Dec 31, 2024 -64.00 Mn
Sep 30, 2024 -18.00 Mn
Sep 30, 2024 -18.00 Mn
Jun 30, 2024 -180.00 Mn
Jun 30, 2024 -180.00 Mn
Mar 31, 2024 328.00 Mn
Mar 31, 2024 328.00 Mn
Dec 31, 2023 -185.00 Mn
Dec 31, 2023 -185.00 Mn
Sep 30, 2023 72.00 Mn
Sep 30, 2023 72.00 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