NIO Financial Ratios
NYSE: NIOIndustrialsAuto ManufacturingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
NIO ratio analysis
NIO earned a net margin of -17.1% in FY 2025, up from -34.1% a year earlier. Gross margin was 13.6% compared with a median of 9.9% over the prior 7 years. Return on equity reached -359.2%, meaning NIO generated -3.59 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 3.36 versus 3.45 the year before, and the current ratio was 0.98. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
NIO financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Price / sales | 0.93 | 1.06 | 1.97 | 2.23 | 8.79 | 23.13 | 3.51 | 2.93 |
| Price / book | 19.64 | 11.64 | 4.29 | 4.61 | 9.15 | 13.84 | — | 2.12 |
| Gross margin | 13.6% | 9.9% | 5.5% | 10.4% | 18.9% | 11.5% | -15.3% | -5.2% |
| Operating margin | -16.0% | -33.3% | -40.7% | -31.7% | -12.4% | -28.3% | -141.6% | -193.8% |
| Net margin | -17.1% | -34.1% | -37.3% | -29.3% | -11.1% | -32.6% | -144.4% | -194.7% |
| Free cash flow margin | -3.5% | -25.8% | -28.3% | -22.0% | -5.8% | 5.1% | -133.3% | -159.8% |
| Return on equity (ROE) | -359.2% | -375.4% | -81.1% | -60.5% | -11.6% | -19.5% | — | -141.0% |
| Return on assets (ROA) | -12.0% | -20.8% | -17.7% | -15.0% | -4.8% | -9.7% | -77.5% | -51.2% |
| Debt / equity | 3.36 | 3.45 | 0.90 | 0.68 | 0.49 | 0.29 | — | 0.47 |
| Current ratio | 0.98 | 0.99 | 1.22 | 1.29 | 2.18 | 3.31 | 0.52 | 1.42 |
| Revenue growth | 38.9% | 15.0% | 9.7% | 26.0% | 127.6% | 121.7% | 56.1% | — |