Nikola EBIT

Nikola (NKLA) currently reports a EBIT of $-940M as of December 2024. That compares with $-690M in the prior-year period — down 34.8% year over year. That is below the Industrials sector average of $40B. Use the charts on this page to explore Nikola's EBIT history and peer comparisons.

Nikola's EBIT decreased from $-690M to $-940M — a 34.8% year-over-year decrease (period ending December 2024). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Nikola's EBIT of $-940M is lower than the Industrials sector average of $40B. That is roughly 102.4% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Nikola reported $-940M in EBIT as of December 2024. That compares with $-690M in the prior-year period — down 34.8% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current EBIT of $-940M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is $40B. From there, open related valuation or income-statement pages for Nikola, and consider following NKLA for alerts when major investors trade the stock.