Tesla (TSLA) EBT Margin (2010 - 2026)
Tesla's EBT Margin came in at 4.71% for Q2 2026, down 2.18 percentage points from 6.89% a year earlier but up 1.37 percentage points from the prior quarter.
Tesla (TSLA) EBT Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tesla reported EBT Margin of 5.03%, down 3.00 percentage points year-over-year; for FY2025, it came in at 5.57%, down 3.64 percentage points from FY2024.
- EBT Margin has declined in each of the last three years, though with a five-year change of +1.91 percentage points (FY2020 to FY2025).
- Going back by year, EBT Margin was 9.20% in FY2024 (-1.10 pp), 10.31% in FY2023 (-6.54 pp), 16.84% in FY2022 (+5.06 pp) and 11.78% in FY2021 (+8.13 pp).
- The five-year range for quarterly EBT Margin is 3.05% (Q1 2025) to 19.33% (Q1 2022).
- Year-over-year, EBT Margin increased in three of the last eight quarters, with an average year-over-year change of -1.70 percentage points.
- The fastest year-over-year change in EBT Margin over five years came in Q1 2022 (a gain of 14.20 percentage points), and the weakest in Q3 2023 (a drop of 8.19 percentage points).
- Business Quant data shows TSLA's EBT Margin at 3.34% (Q1 2026), 4.74% (Q4 2025) and 6.97% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,216.24 Bn | 1,042.27 Bn | 4.75 Bn | 4.71% |
| 2 | General Motors | 75.35 Bn | -31.16 Bn | 7.33 Bn | 3.26% |
| 3 | Ferrari | 69.70 Bn | 62.19 Bn | 1.18 Bn | 31.02% |
| 4 | Ford Motor | 48.22 Bn | -94.27 Bn | 6.08 Bn | -4.21% |
| 5 | Honda Motor | 44.40 Bn | -105.41 Bn | 8.46 Bn | 9.98% |
| 6 | Toyota Motor | 24.11 Bn | -382.39 Bn | 20.95 Bn | 14.52% |
| 7 | Magna International | 18.41 Bn | 12.44 Bn | 1.61 Bn | 5.46% |
| 8 | Rivian Automotive | 17.72 Bn | -5.59 Bn | 179.00 Mn | -50.54% |
| 9 | Stellantis | 12.89 Bn | -151.76 Bn | 5.55 Bn | 1.15% |
| 10 | Li Auto | 11.86 Bn | -37.05 Bn | 417.98 Mn | -7.59% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.71% |
| Mar 31, 2026 | 3.34% |
| Dec 31, 2025 | 4.74% |
| Sep 30, 2025 | 6.97% |
| Jun 30, 2025 | 6.89% |
| Mar 31, 2025 | 3.05% |
| Dec 31, 2024 | 9.82% |
| Sep 30, 2024 | 11.08% |
| Jun 30, 2024 | 7.01% |
| Mar 31, 2024 | 8.86% |
| Dec 31, 2023 | 8.71% |
| Sep 30, 2023 | 8.76% |
| Jun 30, 2023 | 11.78% |
| Mar 31, 2023 | 12.00% |
| Dec 31, 2022 | 16.38% |
| Sep 30, 2022 | 16.95% |
| Jun 30, 2022 | 14.61% |
| Mar 31, 2022 | 19.33% |
| Dec 31, 2021 | 14.87% |
| Sep 30, 2021 | 13.68% |
Tesla EBT 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=ebt-margin&ticker=TSLA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=TSLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();