Tesla annual return on equity
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Tesla Return on Equity (ROE) Growth & History (TSLA)
Tesla's return on equity was 4.89% for fiscal 2025.
View full Tesla company overviewTesla annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 4.89% | −5.57 pp |
| 2024 | 2024-12-31 | 10.46% | −17.48 pp |
| 2023 | 2023-12-31 | 27.94% | −5.59 pp |
| 2022 | 2022-12-31 | 33.53% | +12.47 pp |
| 2021 | 2021-12-31 | 21.06% | +16.06 pp |
| 2020 | 2020-12-31 | 5.00% | +19.94 pp |
| 2019 | 2019-12-31 | −14.94% | +6.37 pp |
| 2018 | 2018-12-31 | −21.31% | +22.34 pp |
| 2017 | 2017-12-31 | −43.65% | −20.52 pp |
| 2016 | 2016-12-31 | −23.13% | +65.94 pp |
| 2015 | 2015-12-31 | −89.07% | −51.82 pp |
| 2014 | 2014-12-31 | −37.25% | −18.55 pp |
| 2013 | 2013-12-31 | −18.69% | +208.53 pp |
| 2012 | 2012-12-31 | −227.22% | −109.19 pp |
| 2011 | 2011-12-31 | −118.03% | — |
Tesla quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.30% | −0.24 pp |
| Q1 2026 | 2026-03-31 | 0.57% | +0.02 pp |
| Q4 2025 | 2025-12-31 | 1.04% | −1.94 pp |
| Q3 2025 | 2025-09-30 | 1.75% | −1.44 pp |
| Q2 2025 | 2025-06-30 | 1.54% | −0.60 pp |
| Q1 2025 | 2025-03-31 | 0.55% | −1.63 pp |
| Q4 2024 | 2024-12-31 | 2.98% | −10.68 pp |
| Q3 2024 | 2024-09-30 | 3.19% | −0.36 pp |
| Q2 2024 | 2024-06-30 | 2.14% | −3.31 pp |
| Q1 2024 | 2024-03-31 | 2.19% | −3.23 pp |
| Q4 2023 | 2023-12-31 | 13.66% | +4.94 pp |
| Q3 2023 | 2023-09-30 | 3.54% | −5.09 pp |
| Q2 2023 | 2023-06-30 | 5.45% | −0.96 pp |
| Q1 2023 | 2023-03-31 | 5.42% | −4.91 pp |
| Q4 2022 | 2022-12-31 | 8.72% | +0.61 pp |
| Q3 2022 | 2022-09-30 | 8.64% | +2.40 pp |
| Q2 2022 | 2022-06-30 | 6.41% | +1.64 pp |
| Q1 2022 | 2022-03-31 | 10.32% | +8.39 pp |
| Q4 2021 | 2021-12-31 | 8.11% | +6.70 pp |
| Q3 2021 | 2021-09-30 | 6.24% | +3.68 pp |
| Q2 2021 | 2021-06-30 | 4.78% | +3.68 pp |
| Q1 2021 | 2021-03-31 | 1.94% | +1.73 pp |
| Q4 2020 | 2020-12-31 | 1.41% | −0.25 pp |
| Q3 2020 | 2020-09-30 | 2.56% | +0.12 pp |
| Q2 2020 | 2020-06-30 | 1.09% | +9.00 pp |
| Q1 2020 | 2020-03-31 | 0.20% | +14.94 pp |
| Q4 2019 | 2019-12-31 | 1.66% | −1.31 pp |
| Q3 2019 | 2019-09-30 | 2.43% | −4.96 pp |
| Q2 2019 | 2019-06-30 | −7.91% | +9.28 pp |
| Q1 2019 | 2019-03-31 | −14.73% | +1.59 pp |
| Q4 2018 | 2018-12-31 | 2.97% | +18.06 pp |
| Q3 2018 | 2018-09-30 | 7.39% | +20.01 pp |
| Q2 2018 | 2018-06-30 | −17.18% | −10.52 pp |
| Q1 2018 | 2018-03-31 | −16.32% | −9.54 pp |
| Q4 2017 | 2017-12-31 | −15.09% | −11.83 pp |
| Q3 2017 | 2017-09-30 | −12.62% | −13.46 pp |
| Q2 2017 | 2017-06-30 | −6.67% | +10.13 pp |
| Q1 2017 | 2017-03-31 | −6.78% | +20.70 pp |
| Q4 2016 | 2016-12-31 | −3.26% | +23.45 pp |
| Q3 2016 | 2016-09-30 | 0.84% | +23.48 pp |
| Q2 2016 | 2016-06-30 | −16.80% | +7.10 pp |
| Q1 2016 | 2016-03-31 | −27.48% | −9.74 pp |
| Q4 2015 | 2015-12-31 | −26.72% | −15.21 pp |
| Q3 2015 | 2015-09-30 | −22.64% | −14.82 pp |
| Q2 2015 | 2015-06-30 | −23.90% | −17.26 pp |
| Q1 2015 | 2015-03-31 | −17.75% | −11.44 pp |
| Q4 2014 | 2014-12-31 | −11.51% | −8.87 pp |
| Q3 2014 | 2014-09-30 | −7.82% | −1.37 pp |
| Q2 2014 | 2014-06-30 | −6.64% | +1.00 pp |
| Q1 2014 | 2014-03-31 | −6.31% | −13.98 pp |
| Q4 2013 | 2013-12-31 | −2.64% | +183.12 pp |
| Q3 2013 | 2013-09-30 | −6.45% | +638.88 pp |
| Q2 2013 | 2013-06-30 | −7.64% | +90.10 pp |
| Q1 2013 | 2013-03-31 | 7.67% | +55.23 pp |
| Q4 2012 | 2012-12-31 | −185.76% | −154.31 pp |
| Q3 2012 | 2012-09-30 | −645.33% | −625.08 pp |
| Q2 2012 | 2012-06-30 | −97.74% | −76.53 pp |
| Q1 2012 | 2012-03-31 | −47.56% | — |
| Q4 2011 | 2011-12-31 | −31.45% | — |
| Q3 2011 | 2011-09-30 | −20.26% | — |
| Q2 2011 | 2011-06-30 | −21.21% | — |
Tesla return on equity trends
Over the last five fiscal years, Tesla's return on equity decreased from 5.00% to 4.89%, a change of −0.11 percentage points. The latest reported quarter, Q2 2026, shows 1.30%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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