Tesla (TSLA) EBIT Margin (2010 - 2026)
Tesla (TSLA) reported EBIT Margin of 1.41% for Q2 2026, down 2.69 percentage points from 4.10% a year earlier and down 2.79 percentage points from the prior quarter.
Tesla (TSLA) EBIT Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Tesla's EBIT Margin came in at 4.22%, down 1.84 percentage points year-over-year; for FY2025, it came in at 4.59%, down 2.65 percentage points from FY2024.
- EBIT Margin has declined for three consecutive years, with a five-year change of -1.73 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 7.24% in FY2024 (-1.94 pp), 9.19% in FY2023 (-7.58 pp), 16.76% in FY2022 (+4.64 pp) and 12.12% in FY2021 (+5.80 pp).
- The Q2 2026 figure ranks as the lowest quarterly EBIT Margin since Q2 2019.
- Year over year, EBIT Margin gained in two of the last eight quarters, with an average year-over-year change of -1.31 percentage points.
- The high point for year-over-year EBIT Margin in five years was Q1 2022 (a gain of 13.49 percentage points); the low point was Q3 2023 (a drop of 9.64 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.20% (Q1 2026), 5.66% (Q4 2025) and 5.78% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,216.24 Bn | 1,042.27 Bn | 4.75 Bn | 1.41% |
| 2 | General Motors | 75.35 Bn | -31.16 Bn | 7.33 Bn | 3.04% |
| 3 | Ferrari | 69.70 Bn | 62.19 Bn | 1.18 Bn | 31.22% |
| 4 | Ford Motor | 48.22 Bn | -94.27 Bn | 6.08 Bn | 1.32% |
| 5 | Honda Motor | 44.40 Bn | -105.41 Bn | 8.46 Bn | 8.76% |
| 6 | Toyota Motor | 24.11 Bn | -382.39 Bn | 20.95 Bn | 7.86% |
| 7 | Magna International | 18.41 Bn | 12.44 Bn | 1.61 Bn | 12.19% |
| 8 | Rivian Automotive | 17.72 Bn | -5.59 Bn | 179.00 Mn | -50.42% |
| 9 | Stellantis | 12.89 Bn | -151.76 Bn | 5.55 Bn | 1.61% |
| 10 | Li Auto | 11.86 Bn | -37.05 Bn | 417.98 Mn | -8.93% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.41% |
| Mar 31, 2026 | 4.20% |
| Dec 31, 2025 | 5.66% |
| Sep 30, 2025 | 5.78% |
| Jun 30, 2025 | 4.10% |
| Mar 31, 2025 | 2.06% |
| Dec 31, 2024 | 6.16% |
| Sep 30, 2024 | 10.79% |
| Jun 30, 2024 | 6.29% |
| Mar 31, 2024 | 5.50% |
| Dec 31, 2023 | 8.20% |
| Sep 30, 2023 | 7.55% |
| Jun 30, 2023 | 9.62% |
| Mar 31, 2023 | 11.42% |
| Dec 31, 2022 | 16.04% |
| Sep 30, 2022 | 17.19% |
| Jun 30, 2022 | 14.55% |
| Mar 31, 2022 | 19.21% |
| Dec 31, 2021 | 14.75% |
| Sep 30, 2021 | 14.57% |
Tesla EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=TSLA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "TSLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=TSLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();