Nikola Corporation

Nikola Corporationverified

NKLA

Price:

$5.26

Market Cap:

$266.14M

Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation is headquartered in Phoenix, Arizona.[Read more]

Industry

Agricultural - Machinery

IPO Date

2018-06-11

Stock Exchange

NASDAQ

Ticker

NKLA

The ROE as of September 2024 (TTM) for Nikola Corporation (NKLA) is -141.54%

According to Nikola Corporation’s latest financial reports and current stock price. The company's current ROE is -141.54%. This represents a change of 296.95% compared to the average of -35.66% of the last 4 quarters.

Nikola Corporation (NKLA) Historical ROE (quarterly & annually)

How has NKLA ROE performed in the past?

The mean historical ROE of Nikola Corporation over the last ten years is -69.99%. The current -141.54% ROE has changed 102.23% with respect to the historical average. Over the past ten years (40 quarters), NKLA's ROE was at its highest in in the March 2020 quarter at 15.05%. The ROE was at its lowest in in the September 2023 quarter at -70.54%.

Quarterly (TTM)
Annual

Average

-69.99%

Median

-45.35%

Minimum

-145.03%

Maximum

0%

Nikola Corporation (NKLA) ROE by Quarter and Year

Discovering the peaks and valleys of Nikola Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 154.88%

Maximum Annual ROE = 0%

Minimum Annual Increase = -Infinity%

Minimum Annual ROE = -145.03%

Quarterly (TTM)
Annual
YearROEChange
2023-134.36%-7.36%
2022-145.03%46.45%
2021-99.03%154.88%
2020-38.85%-14.32%
2019-45.35%66.17%
2018-27.29%-Infinity%

Nikola Corporation (NKLA) Average ROE

How has NKLA ROE performed in the past?

The current ROE of Nikola Corporation (NKLA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-126.14%

5-year avg

-92.53%

10-year avg

-69.99%

Nikola Corporation (NKLA) ROE vs. Peers

How is NKLA’s ROE compared to its peers?

Nikola Corporation’s ROE is greater than Lightning eMotors, Inc. (-443.11%), greater than The Lion Electric Company (-33.27%), greater than Xos, Inc. (-84.60%), greater than Hydrofarm Holdings Group, Inc. (-25.24%), less than Caterpillar Inc. (58.90%), less than AGCO Corporation (9.44%), less than CNH Industrial N.V. (28.95%), less than PACCAR Inc (29.87%), less than Deere & Company (36.71%), greater than Ideanomics, Inc. (-467.62%), less than Wabash National Corporation (28.24%),

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