Canoo Profit Margin

As of the most recent data (September 2024), GOEV shows a profit margin of -75.6%. That compares with -694.23% in the prior-year period — up 89.1% year over year. That is below the Consumer Discretionary sector average of 9.32%. Scroll down for historical charts and peer comparison views.

Compared with the year-ago period, GOEV's profit margin is now -75.6% (was -694.23%) — a 89.1% year-over-year increase. Pairing that YoY change with peer averages gives a clearer picture of whether Canoo is outperforming or lagging.

The Consumer Discretionary sector average profit margin is about 9.32%. Canoo is at -75.6%, which is lower that average. That is roughly 81208.0% below the sector mean. Use the comparison chart on this page to see how GOEV stacks up against individual peers as well.

That compares with -694.23% in the prior-year period — up 89.1% year over year. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Canoo with peers to see if the move is company-specific or sector-wide.

Besides this profit margin page, Stockcircle has Canoo's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect profit margin (currently -75.6%) with ownership activity and broader fundamentals.