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
DateValue
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%