NIO
NIO Inc.
NIO offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
RL
Ralph Lauren Corporation
RL has the edge over NIO overall, supported by lower modeled downside and stronger modeled upside.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
RL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
RL's revenue, profitability, cash flow and balance sheet are all currently healthy.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
RL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $252 | -35% |
| Fair | 19x | $336 | -14% |
| Forward | 19x | $391 | — |
| Current | 22x | $391 | — |
| Expensive | 25x | $438 | +12% |
Historical ranges are pointers, not guarantees.
RL's PE is in its expensive range at 22x. If earnings grow as analysts expect, today's price would be 19x next year's earnings, in its fair range.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect NIO's losses to shrink, with revenue growing.
RL Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for RL, with profitability improving. However, they disagree widely on these estimates.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO is still losing money, but far less than before: $0.29 per share over the past year, against $1.93 at its worst in late 2023.
RL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.24 | +16% |
| Q3 2026 | $17.42 | +29% |
| Q2 2026 | $15.87 | +27% |
| Q1 2026 | $15.11 | +30% |
| Q4 2025 | $14.69 | +34% |
| Q3 2025 | $13.53 | +29% |
| Q2 2025 | $12.52 | +21% |
| Q1 2025 | $11.61 | +20% |
| Q4 2024 | $10.95 | +24% |
RL has the edge over NIO on earnings quality, reporting a profit while its opponent remains loss making.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO's revenue has grown year over year for seven quarters in a row: $4.8B last quarter, up 69% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO's operating margin was −2.1% last quarter, up 24 points from the same quarter a year ago.
RL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +9.1% |
| Q2 2026 | $2B | +14% |
| Q1 2026 | $2B | +17% |
| Q4 2025 | $2.4B | +12% |
| Q3 2025 | $2B | +16% |
| Q2 2025 | $1.7B | +14% |
| Q1 2025 | $1.7B | +8.3% |
| Q4 2024 | $2.1B | +11% |
RL's revenue has grown year over year for 23 quarters in a row: $2.2B last quarter, up 9.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 17% | +4.4 points |
| Q2 2026 | 17% | +1.5 points |
| Q1 2026 | 9.5% | +0.4 points |
| Q4 2025 | 20% | +1.4 points |
| Q3 2025 | 12% | +1.9 points |
| Q2 2025 | 16% | +2.1 points |
| Q1 2025 | 9.1% | +2.3 points |
| Q4 2024 | 18% | +1.8 points |
RL has the edge over NIO on profitability, with a higher operating margin.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO's free cash flow was $0 over the past year, against −$2.5B the year before.
RL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $218.1M | +$258.7M |
| Q2 2026 | $285.9M | +$297.1M |
| Q1 2026 | $145.3M | +243% |
| Q4 2025 | $704M | +4% |
| Q3 2025 | -$40.6M | -173% |
| Q2 2025 | -$11.2M | -105% |
| Q1 2025 | $42.3M | -48% |
| Q4 2024 | $677.2M | +20% |
RL has the edge over NIO on cash flow, with more consistent year-over-year improvement.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
RL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.7% | -400K shares |
| 1 year | -2.4% | -1.5M shares |
| 3 years | -9.4% | -6.3M shares |
| 5 years | -19% | -14.4M shares |
| Available history | -20% | -14.9M shares |
RL has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $301.5M |
| Q2 2026 | $325.1M |
| Q1 2026 | $150.4M |
| Q4 2025 | $37.5M |
| Q3 2025 | $112.6M |
| Q2 2025 | $323.3M |
| Q1 2025 | $76.3M |
| Q4 2024 | $74.4M |
RL spent $815M buying back its own shares over the past year, up 39% from the year before.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
RL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.6x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.7x | Net Cash |
| Q4 2024 | -0.7x | Net Cash |
RL has more cash than debt.
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
RL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.0 | Neutral |
| Stochastic | 68.3 | Neutral |
RL's weekly RSI is 56 (neutral) and its Stochastic is 68 (neutral).
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
RL PE vs Consumer Cyclical Sector
| Metric | RL | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 18x | 24% above |
| PE % | 66 | 47 | 19 pts above |
RL is trading at 22x earnings, a 24% premium to the Consumer Cyclical sector's median of 18x.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
RL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $376.9 | 3.7% above |
| 20 week MA | $373.9 | 4.5% above |
| 50 week MA | $368.2 | 6.1% above |
| 100 week MA | $321.3 | 22% above |
| 200 week MA | $235.6 | 66% above |
RL has the edge over NIO on trend strength, trading above more of its moving averages.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO's yearly returns have swung widely, from +1791% in 2020 to −64% in 2022. It's down 40% so far in 2026.
RL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $117.4 | $100.9 | -14% |
| 2021 | $100.9 | $112.1 | +11% |
| 2022 | $112.1 | $104.4 | -6.9% |
| 2023 | $104.4 | $144.2 | +38% |
| 2024 | $144.2 | $229.6 | +59% |
| 2025 | $229.6 | $358.1 | +56% |
| 2026 YTD | $358.1 | $390.8 | +9.1% |
RL has the edge over NIO on returns for 2026, with the stronger performance.