BackVicinity Motor Overview

Vicinity Motor EBIT

Vicinity Motor's EBIT is $-8.2M, below the Industrials sector average of $40B.

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Quarterly EBIT

-$514.70K
70.74% YoY

As of Mar 31, 2024

Annual EBIT (TTM)

-$8.17M
30.23% YoY

Trailing 12 months ending Mar 31, 2024

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Vicinity Motor (VEV) FAQ

As of the most recent data (March 2024), VEV shows a EBIT of $-8.2M. That compares with $-12M in the prior-year period — up 30.2% year over year. That is below the Industrials sector average of $40B. Scroll down for historical charts and peer comparison views.

Compared with the year-ago period, VEV's EBIT is now $-8.2M (was $-12M) — a 30.2% year-over-year increase. Pairing that YoY change with peer averages gives a clearer picture of whether Vicinity Motor is outperforming or lagging.

The Industrials sector average EBIT is about $40B. Vicinity Motor is at $-8.2M, which is lower that average. That is roughly 100.0% below the sector mean. Use the comparison chart on this page to see how VEV stacks up against individual peers as well.

Tracking VEV's ebit over time shows whether Vicinity Motor is scaling, shrinking, or reshaping that part of the business. The current reading is $-8.2M That compares with $-12M in the prior-year period — up 30.2% year over year. Multi-quarter patterns matter more than any single print, which is why this page emphasizes history and peer comparison charts.

Besides this ebit page, Stockcircle has Vicinity Motor's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect EBIT (currently $-8.2M) with ownership activity and broader fundamentals.