Tesla (TSLA) Return on Capital Employed (2011 - 2026)
Tesla (TSLA) posted Return on Capital Employed of 3.95% for Q2 2026, down 14.0% sequentially from 4.59% in Q1 2026, and down 186.0% YoY from 4.59% in Q2 2025.
Tesla (TSLA) Return on Capital Employed (2011 - 2026) Analysis & Trends
Tesla has reported Return on Capital Employed for 16 years, with the latest figure at 3.95% in Q2 2026.
- Quarterly Return on Capital Employed fell 186.0% year-over-year to 3.95% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 3.95% (down 186.0% YoY) and the FY2025 annual result came in at 4.43%, down 384.0% from the prior year.
- Return on Capital Employed eased to 3.95% in Q2 2026 per TSLA's latest filing, from 4.59% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 26.43% in Q4 2022 and troughed at 3.95% in Q2 2026.
- A 5-year average of 13.0% and a median of 9.12% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed surged 1624 bps in 2022, then plunged 1400 bps in 2023.
- Over 5 years, 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 declined by 6 bps to 3.95% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 3.95%, 4.59%, and 4.19% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,042.09 Bn | 998.56 Bn | 4.75 Bn | 3.95% |
| 2 | Toyota Motor | 242.42 Bn | 108.20 Bn | 12.27 Bn | 4.17% |
| 3 | Honda Motor | 122.32 Bn | 88.11 Bn | -34.06 Bn | 2.72% |
| 4 | Ford Motor | 81.57 Bn | 50.24 Bn | 6.08 Bn | -3.99% |
| 5 | General Motors | 80.05 Bn | 55.33 Bn | 7.33 Bn | 0.98% |
| 6 | Li Auto | 26.01 Bn | 12.56 Bn | 262.11 Mn | -4.13% |
| 7 | Xpeng | 22.52 Bn | 19.98 Bn | 388.90 Mn | -7.48% |
| 8 | Rivian Automotive | 20.71 Bn | 15.40 Bn | 179.00 Mn | -31.93% |
| 9 | Stellantis | 16.33 Bn | -25.12 Bn | 5.55 Bn | -0.99% |
| 10 | Nio | 11.59 Bn | 7.00 Bn | 704.43 Mn | 4.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.95% |
| 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% |