Tesla (TSLA) Return on Equity [ROE] (2011 - 2026)
Tesla's Return on Equity [ROE] was 3.70% in Q3 2026, down 2.78 percentage points from 6.48% a year earlier and down 0.79 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 Q3 2026 figure marks the lowest quarterly Return on Equity [ROE] since Q1 2020.
- Compared with a year earlier, Return on Equity [ROE] has declined for 15 straight quarters, with an average year-over-year change of -8.38 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 Q3 2026 was 4.49% (Q2 2026), 4.69% (Q1 2026) and 4.72% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,160.73 Bn | 982.96 Bn | 5.49 Bn | 3.70% |
| 2 | General Motors | 75.19 Bn | -29.42 Bn | 9.28 Bn | 6.52% |
| 3 | Ferrari | 74.17 Bn | 66.47 Bn | 1.14 Bn | 45.51% |
| 4 | Ford Motor | 49.64 Bn | -84.78 Bn | 7.38 Bn | -21.39% |
| 5 | Honda Motor | 47.63 Bn | -102.18 Bn | 8.46 Bn | -0.75% |
| 6 | Toyota Motor | 28.28 Bn | -349.28 Bn | 19.83 Bn | 12.08% |
| 7 | Rivian Automotive | 19.71 Bn | -2.02 Bn | 176.00 Mn | -54.66% |
| 8 | Magna International | 17.43 Bn | 11.40 Bn | 1.63 Bn | - |
| 9 | Stellantis | 12.80 Bn | -148.64 Bn | 3.94 Bn | -25.37% |
| 10 | Li Auto | 12.62 Bn | -36.34 Bn | 417.98 Mn | -8.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.70% |
| 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% |
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();