Tesla (TSLA) Return on Capital Employed (2011 - 2026)
Tesla's (TSLA) quarterly Return on Capital Employed came in at 4.59% in Q1 2026, down 213.0% year-on-year from 4.06% in Q1 2025, and up 9.73% quarter-over-quarter from 4.19% in Q4 2025.
Tesla (TSLA) Return on Capital Employed (2011 - 2026) Analysis & Trends
Tesla has disclosed Return on Capital Employed across 16 years of filings, most recently posting 4.59% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 4.59%, down 213.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.59% (down 213.0% YoY), and the FY2025 annual result was 4.43%, down 384.0% from the prior year.
- Return on Capital Employed came in at 4.59% for Q1 2026 at Tesla, up from 4.19% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 26.43% in Q4 2022 to a low of 4.19% in Q4 2025.
- The 5-year median for Return on Capital Employed is 9.43% (2024), against an average of 13.54%.
- Across the five-year window, Return on Capital Employed soared 1624 bps in 2022 and plunged 1400 bps in 2023, its largest moves.
- Tesla's Return on Capital Employed stood at 26.43% in 2022, then slumped by 53 bps to 12.43% in 2023, then tumbled by 38 bps to 7.68% in 2024, then slumped by 46 bps to 4.19% in 2025, then climbed by 10 bps to 4.59% in 2026.
- The last three Return on Capital Employed figures came in at 4.59% (Q1 2026), 4.19% (Q4 2025), and 4.54% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,313.30 Bn | 1,268.61 Bn | 4.72 Bn | 4.59% |
| 2 | Toyota Motor | 444.38 Bn | 293.53 Bn | 39.87 Bn | 5.53% |
| 3 | General Motors | 74.19 Bn | 51.81 Bn | 4.32 Bn | 1.33% |
| 4 | Ferrari | 73.52 Bn | 71.73 Bn | 1.09 Bn | - |
| 5 | Ford Motor | 59.09 Bn | 28.63 Bn | 7.94 Bn | -4.00% |
| 6 | Rivian Automotive | 20.86 Bn | 16.05 Bn | 119.00 Mn | -34.04% |
| 7 | China Yuchai International | 14.58 Bn | 13.52 Bn | 317.01 Mn | 11.02% |
| 8 | VinFast Auto | 7.37 Bn | 10.37 Bn | -15,731.99 Bn | -78.19% |
| 9 | Digital Currency X Technology | 5.70 Bn | 5.71 Bn | - | - |
| 10 | Xpeng | 4.49 Bn | 1.59 Bn | 388.90 Mn | -7.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.59% |
| Dec 31, 2025 | 4.19% |
| Sep 30, 2025 | 4.54% |
| Jun 30, 2025 | 5.81% |
| Mar 31, 2025 | 6.72% |
| Dec 31, 2024 | 7.68% |
| Sep 30, 2024 | 8.81% |
| Jun 30, 2024 | 7.93% |
| Mar 31, 2024 | 9.43% |
| Dec 31, 2023 | 12.43% |
| Sep 30, 2023 | 16.35% |
| Jun 30, 2023 | 20.70% |
| Mar 31, 2023 | 22.25% |
| Dec 31, 2022 | 26.43% |
| Sep 30, 2022 | 26.39% |
| Jun 30, 2022 | 23.50% |
| Mar 31, 2022 | 22.36% |
| Dec 31, 2021 | 16.20% |
| Sep 30, 2021 | 11.67% |
| Jun 30, 2021 | 8.73% |