Tesla (TSLA) Return on Assets [ROA] (2011 - 2026)
Tesla's Return on Assets [ROA] was 2.14% in Q3 2026, down 1.78 percentage points from 3.92% a year earlier and down 0.50 percentage points from the prior quarter.
Tesla (TSLA) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Tesla came in at 2.97%, down 3.29 percentage points from FY2024.
- Return on Assets [ROA] has now declined for three consecutive years, though with a five-year change of +0.97 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was 6.26% in FY2024 (-9.59 pp), 15.85% in FY2023 (-1.58 pp), 17.43% in FY2022 (+7.55 pp) and 9.88% in FY2021 (+7.88 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Assets [ROA] since Q4 2020.
- Compared with a year earlier, Return on Assets [ROA] has declined for 14 straight quarters, with an average year-over-year change of -4.98 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q1 2022 (a gain of 10.81 percentage points); the worst was Q4 2024 (a drop of 9.02 percentage points).
- Per Business Quant data, TSLA's Return on Assets [ROA] in the three quarters before Q3 2026 was 2.64% (Q2 2026), 2.79% (Q1 2026) and 2.84% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,113.56 Bn | 944.46 Bn | 5.49 Bn | 2.14% |
| 2 | Ferrari | 156.88 Bn | 149.18 Bn | 1.14 Bn | 16.69% |
| 3 | General Motors | 75.72 Bn | -27.18 Bn | 9.28 Bn | 1.46% |
| 4 | Honda Motor | 54.76 Bn | -93.40 Bn | 8.46 Bn | -0.27% |
| 5 | Ford Motor | 49.15 Bn | -85.23 Bn | 7.38 Bn | -2.69% |
| 6 | Toyota Motor | 28.28 Bn | -349.28 Bn | 19.83 Bn | 4.41% |
| 7 | Rivian Automotive | 19.40 Bn | -2.29 Bn | 176.00 Mn | -19.20% |
| 8 | Magna International | 17.60 Bn | 11.91 Bn | 1.63 Bn | - |
| 9 | Stellantis | 12.84 Bn | -148.07 Bn | 3.94 Bn | -7.32% |
| 10 | Li Auto | 12.11 Bn | -36.77 Bn | 417.98 Mn | -4.21% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.14% |
| Jun 30, 2026 | 2.64% |
| Mar 31, 2026 | 2.79% |
| Dec 31, 2025 | 2.84% |
| Sep 30, 2025 | 3.92% |
| Jun 30, 2025 | 4.68% |
| Mar 31, 2025 | 4.99% |
| Dec 31, 2024 | 5.91% |
| Sep 30, 2024 | 11.13% |
| Jun 30, 2024 | 11.39% |
| Mar 31, 2024 | 12.82% |
| Dec 31, 2023 | 14.93% |
| Sep 30, 2023 | 11.64% |
| Jun 30, 2023 | 13.74% |
| Mar 31, 2023 | 14.00% |
| Dec 31, 2022 | 16.06% |
| Sep 30, 2022 | 15.70% |
| Jun 30, 2022 | 14.20% |
| Mar 31, 2022 | 13.20% |
| Dec 31, 2021 | 9.41% |
Tesla Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=TSLA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=TSLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();