Nikola Corporation

Nikola Corporationverified




Market Cap:


Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. It operates through two business units, Truck and Energy. The Truck business unit develops and commercializes battery hydrogen-electric and battery-electric semi-trucks to the trucking sector. The Energy business unit develops and constructs a network of hydrogen fueling stations; and offers BEV charging solutions for its FCEV and BEV customers, as well as other third-party customers. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corporation is headquartered in Phoenix, Arizona.[Read more]


Agricultural - Machinery

IPO Date


Stock Exchange




The PE Ratio as of May 2024 (TTM) for Nikola Corporation (NKLA) is -0.50

According to Nikola Corporation’s latest financial reports and current stock price. The company's current PE Ratio is -0.50. This represents a change of -65.39% compared to the average of -1.44 of the last 4 quarters.

Nikola Corporation (NKLA) Historical PE Ratio (quarterly & annually)

How has NKLA PE Ratio performed in the past?

The mean historical PE Ratio of Nikola Corporation over the last ten years is -14.29. The current -0.50 PE Ratio has changed 249.79% with respect to the historical average. Over the past ten years (40 quarters), NKLA's PE Ratio was at its highest in in the March 2019 quarter at 698.45. The PE Ratio was at its lowest in in the June 2018 quarter at -47452.67.

Quarterly (TTM)









Nikola Corporation (NKLA) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nikola Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual PE Ratio = -0.72

Minimum Annual Increase = -78.18%

Minimum Annual PE Ratio = -34.17

Quarterly (TTM)
YearPE RatioChange

Nikola Corporation (NKLA) Average PE Ratio

How has NKLA PE Ratio performed in the past?

The current PE Ratio of Nikola Corporation (NKLA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg


5-year avg


10-year avg


Nikola Corporation (NKLA) PE Ratio vs. Peers

How is NKLA’s PE Ratio compared to its peers?

Nikola Corporation’s PE Ratio is less than Lightning eMotors, Inc. (-0.10), greater than The Lion Electric Company (-2.14), greater than Xos, Inc. (-0.73), greater than Hydrofarm Holdings Group, Inc. (-0.60), less than Caterpillar Inc. (15.32), less than AGCO Corporation (7.18), less than CNH Industrial N.V. (6.30), less than PACCAR Inc (11.35), less than Deere & Company (10.96), less than Ideanomics, Inc. (-0.03), less than Wabash National Corporation (5.11),

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