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
DateValue
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%