Tesla (TSLA) Return on Equity [ROE] (2011 - 2026)
Tesla's Return on Equity [ROE] was 4.49% in Q2 2026, down 3.26 percentage points from 7.75% a year earlier and down 0.20 percentage points from the prior quarter.
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Analysis
Tesla (TSLA) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Tesla came in at 4.93%, down 5.51 percentage points from FY2024.
- Return on Equity [ROE] has now declined for three consecutive years, with a five-year change of -0.72 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 10.44% in FY2024 (-17.07 pp), 27.51% in FY2023 (-5.39 pp), 32.91% in FY2022 (+12.04 pp) and 20.87% in FY2021 (+15.22 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Equity [ROE] since Q4 2020.
- Compared with a year earlier, Return on Equity [ROE] has declined for 14 straight quarters, with an average year-over-year change of -8.22 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q1 2022 (a gain of 20.29 percentage points); the worst was Q4 2024 (a drop of 15.58 percentage points).
- Per Business Quant data, TSLA's Return on Equity [ROE] in the three quarters before Q2 2026 was 4.69% (Q1 2026), 4.72% (Q4 2025) and 6.48% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,223.67 Bn | 1,049.69 Bn | 4.75 Bn | 4.49% |
| 2 | Toyota Motor | 243.73 Bn | -163.01 Bn | 20.95 Bn | 10.56% |
| 3 | Honda Motor | 126.52 Bn | -7.78 Bn | 8.46 Bn | -0.73% |
| 4 | General Motors | 72.50 Bn | -34.01 Bn | 7.33 Bn | 3.26% |
| 5 | Ferrari | 68.83 Bn | 61.27 Bn | 1.18 Bn | 42.52% |
| 6 | Ford Motor | 48.36 Bn | -94.13 Bn | 6.08 Bn | -20.15% |
| 7 | Rivian Automotive | 18.97 Bn | -4.34 Bn | 179.00 Mn | -67.46% |
| 8 | Magna International | 18.29 Bn | 15.51 Bn | 1.61 Bn | 12.76% |
| 9 | Stellantis | 13.35 Bn | -153.18 Bn | 5.55 Bn | -2.43% |
| 10 | Li Auto | 11.09 Bn | -42.99 Bn | 417.98 Mn | -6.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.49% |
| Mar 31, 2026 | 4.69% |
| Dec 31, 2025 | 4.72% |
| Sep 30, 2025 | 6.48% |
| Jun 30, 2025 | 7.75% |
| Mar 31, 2025 | 8.28% |
| Dec 31, 2024 | 9.89% |
| Sep 30, 2024 | 18.68% |
| Jun 30, 2024 | 18.98% |
| Mar 31, 2024 | 21.46% |
| Dec 31, 2023 | 25.47% |
| Sep 30, 2023 | 20.24% |
| Jun 30, 2023 | 24.21% |
| Mar 31, 2023 | 25.12% |
| Dec 31, 2022 | 29.21% |
| Sep 30, 2022 | 28.80% |
| Jun 30, 2022 | 26.46% |
| Mar 31, 2022 | 25.65% |
| Dec 31, 2021 | 19.16% |
| Sep 30, 2021 | 13.44% |
API Access
Tesla Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=TSLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=TSLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();