Rivian Valuation Multiples

Rivian Overview

About Rivian

Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles.

Founded

2015

HQ

Employees

15.2K

Website

rivian.com

Sectors

AutomakersElectric VehiclesClimateTechDeepTechAutomotiveTech

Financials (LTM)

Revenue: $6B

EBITDA: ($2B)

EV

$22B

Valuation Multiples

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Rivian Financials

Rivian reported last 12-month revenue of $6B and negative EBITDA of ($2B).

In the same LTM period, Rivian generated $308M in gross profit, ($2B) in EBITDA losses, and had net loss of ($4B).

Rivian P&L

In the most recent fiscal year, Rivian reported revenue of $5B and EBITDA of ($2B).

Rivian expects next 12-month revenue of XXX and NTM EBITDA of XXX

Rivian Stock Performance

Rivian has current market cap of $21B, and enterprise value of $22B.

Rivian's stock price is $17.23.

Rivian Valuation Multiples

Rivian trades at 3.7x EV/Revenue multiple, and (10.7x) EV/EBITDA.

Rivian Financial Valuation Multiples

As of April 18, 2026, Rivian has market cap of $21B and EV of $22B.

Equity research analysts estimate Rivian's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Rivian has a P/E ratio of (5.9x).

Rivian Margins & Growth Rates

Rivian's revenue in the last 12 month grew by 44%.

Rivian's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.2M for the same period.

Rivian's rule of 40 is 4% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Rivian's rule of X is 52% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Rivian Public Comps

See public comps and valuation multiples for other Automakers and Electric Vehicles comps.

Rivian M&A Activity

Rivian acquired XXX companies to date.

Last acquisition by Rivian was on XXXXXXXX, XXXXX. Rivian acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Rivian Investment Activity

Rivian invested in XXX companies to date.

Rivian made its latest investment on XXXXXXXX, XXXXX. Rivian invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).