F vs RIVN: Ford Motor and Rivian Automotive compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Ford Motor is the larger company, worth $46.7B, about 2.7 times Rivian Automotive.
- Rivian Automotive grew revenue faster over the last year (+27.2% vs +6.4%).
- Ford Motor keeps more of each dollar of revenue as operating profit (-3.8% vs -60.0%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | F | RIVN |
|---|---|---|
| Market cap | $46.7B | $17.4B |
| Share price | $12.17 | $13.96 |
| Revenue (last fiscal year) | $187.3B | $5.4B |
| Free cash flow (last fiscal year) | $12.5B | -$2.5B |
| Revenue growth, last year | +6.4% | +27.2% |
| Revenue growth per year, last 5 fiscal years | +8.3% | +214.6% |
| Operating margin | -3.8% | -60.0% |
| Net margin | -3.2% | -55.0% |
| Return on equity | -16.3% | -63.1% |
| P/E (trailing) | — | — |
| Price / free cash flow | 3.74x | — |
| EV / EBITDA | 25.7x | — |
| FCF growth the price implies | -18.5% | — |
| Dividend yield | 5.1% | — |
| Debt / equity | 6.54x | 1.95x |
| Fundamental grade | D | D |
| Superinvestors holding it | 0 | 4 |
| Insider purchases, last 12 months | 1 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Ford Motor
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $136.3B | $9.6B | 3.3% |
| 2022 | $158.1B | -$13M | 4.0% |
| 2023 | $176.2B | $6.7B | 3.1% |
| 2024 | $185.0B | $6.7B | 2.8% |
| 2025 | $187.3B | $12.5B | -4.9% |
Rivian Automotive
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $55M | -$4.4B | -7672.7% |
| 2022 | $1.7B | -$6.4B | -413.5% |
| 2023 | $4.4B | -$5.9B | -129.4% |
| 2024 | $5.0B | -$2.9B | -94.3% |
| 2025 | $5.4B | -$2.5B | -66.5% |
Where the revenue comes from
Ford Motor · by segments, 2025
Ford Blue$101.0B54%
Ford Pro$66.3B35%
Ford Credit$13.3B7%
Ford Model e$6.7B4%
Rivian Automotive · by segments, 2025
Automotive$3.8B71%
Software and Services$1.6B29%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open F in InvestinglyQuestions
Which is bigger, Ford Motor or Rivian Automotive?
Ford Motor (F), at $46.7B against $17.4B.
Which grows faster, F or RIVN?
Rivian Automotive: revenue grew +27.2% over the last year, against +6.4%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.