NIO Pre-Tax Profit Margin 2019-2024 | NIO
Current and historical pre-tax profit margin for NIO (NIO) from 2019 to 2024. Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue. NIO pre-tax profit margin for the three months ending March 31, 2024 was .
| NIO Pre-Tax Profit Margin Historical Data |
| Date |
TTM Revenue |
TTM Pre-Tax Income |
Pre-Tax Margin |
| 2024-03-31 |
$7.65B |
$-2.91B |
-38.03% |
| 2023-12-31 |
$7.83B |
$-2.88B |
-36.79% |
| 2023-09-30 |
$7.59B |
$-2.97B |
-39.06% |
| 2023-06-30 |
$6.81B |
$-2.92B |
-42.88% |
| 2023-03-31 |
$7.14B |
$-2.50B |
-35.01% |
| 2022-12-31 |
$7.14B |
$-2.09B |
-29.19% |
| 2022-09-30 |
$6.55B |
$-1.60B |
-24.44% |
| 2022-06-30 |
$6.24B |
$-1.15B |
-18.47% |
| 2022-03-31 |
$6.02B |
$-0.83B |
-13.83% |
| 2021-12-31 |
$5.67B |
$-0.62B |
-11.01% |
| 2021-09-30 |
$5.15B |
$-0.54B |
-10.50% |
| 2021-06-30 |
$4.30B |
$-0.57B |
-13.17% |
| 2021-03-31 |
$3.52B |
$-0.64B |
-18.23% |
| 2020-12-31 |
$2.49B |
$-0.81B |
-32.58% |
| 2020-09-30 |
$1.79B |
$-0.96B |
-53.55% |
| 2020-06-30 |
$1.38B |
$-1.16B |
-83.85% |
| 2020-03-31 |
$1.08B |
$-1.47B |
-136.74% |
| 2019-12-31 |
$1.12B |
$-1.62B |
-144.31% |
| 2019-09-30 |
$0.93B |
$-1.63B |
-174.63% |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Auto Manufacturers - Foreign |
$7.547B |
$7.834B |
|
NIO is a pioneer in China's EV market. NIO's unique selling proposition is to provide EVs at competitive pricing. Importantly, NIO does not really manufacture its own cars. It contracts state-owned JAC Motors, headquartered in eastern China's Anhui province, to make vehicles. In turn, JAC charges fee for every car. In fact, NIO does not have a dealership network and instead sells its vehicles through apps and a network of swanky NIO Houses, located in some of the most expensive areas of China's largest cities.
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