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.
P/E ratio for Nikola Corporation (NKLA)
P/E ratio as of 2023: -0.72
According to Nikola Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.72. At the end of 2022 the company had a P/E ratio of -1.25.
P/E ratio history for Nikola Corporation from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | -0.72 |
| 2022 | -1.25 |
| 2021 | -5.71 |
| 2020 | -12.91 |
| 2019 | -30.56 |
| 2018 | -34.17 |
| 2017 | -32.77 |