Tesla (TSLA) Financials

$342.69 -3.77 (-1.09%)

Closing price 04:00 PM Eastern

Extended Trading

$341.68 -1.01 (-0.30%)

As of 08:00 PM Eastern

Annual Income Statements for Tesla

This table shows Tesla's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	7,091	14,997	12,556	5,519	721	-870	-976	-1,962	-675	-889
Consolidated Net Income / (Loss)	7,153	14,974	12,587	5,644	862	-775	-1,063	-2,241	-773	-889
Net Income / (Loss) Continuing Operations	7,153	14,974	12,587	5,644	862	-775	-1,063	-2,241	-773	-889
Total Pre-Tax Income	8,990	9,973	13,719	6,343	1,154	-665	-1,005	-2,209	-746	-876
Total Operating Income	7,076	8,891	13,656	6,523	1,994	-69	-388	-1,632	-667	-717
Total Gross Profit	17,450	17,660	20,853	13,606	6,630	4,069	4,042	2,223	1,599	924
Total Revenue	97,690	96,773	81,462	53,823	31,536	24,578	21,461	11,759	7,000	4,046
Operating Revenue	97,690	96,773	81,462	53,823	31,536	24,578	21,461	11,759	7,000	4,046
Total Cost of Revenue	80,240	79,113	60,609	40,217	24,906	20,509	17,419	9,536	5,401	3,123
Operating Cost of Revenue	80,240	79,113	60,609	40,217	24,906	20,509	17,419	9,536	5,401	3,123
Total Operating Expenses	10,374	8,769	7,197	7,083	4,636	4,138	4,430	3,855	2,267	1,640
Selling, General & Admin Expense	5,150	4,800	3,946	4,517	3,145	2,646	2,835	2,477	1,432	922
Research & Development Expense	4,540	3,969	3,075	2,593	1,491	1,343	1,460	1,378	834	718
Restructuring Charge	684	0.00	176	-27	0.00	149	135	0.00	0.00	-
Total Other Income / (Expense), net	1,914	1,082	63	-180	-840	-596	-617	-577	-79	-159
Interest Expense	350	156	191	371	748	685	663	471	199	119
Interest & Investment Income	1,569	1,066	297	56	30	44	24	19	8.53	1.51
Other Income / (Expense), net	695	172	-43	135	-122	45	22	-125	111	-42
Income Tax Expense	1,837	-5,001	1,132	699	292	110	58	32	27	13
Net Income / (Loss) Attributable to Noncontrolling Interest	62	-23	31	125	141	95	-87	-279	-98	0.00
Basic Earnings per Share	$2.23	$4.73	$4.02	$1.87	$0.25	($0.98)	($1.14)	($11.83)	($4.68)	($6.93)
Weighted Average Basic Shares Outstanding	3.20B	3.17B	3.13B	2.96B	2.80B	887M	853M	166M	144.21M	128.20M
Diluted Earnings per Share	$2.04	$4.30	$3.62	$1.63	$0.21	($0.98)	($1.14)	($11.83)	($4.68)	($6.93)
Weighted Average Diluted Shares Outstanding	3.50B	3.49B	3.48B	3.39B	3.25B	887M	853M	166M	144.21M	128.20M
Weighted Average Basic & Diluted Shares Outstanding	3.22B	3.18B	3.16B	1.03B	959.85M	181.34M	170.60M	165.80M	161.67M	128.20M

This table shows Tesla's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	409	2,317	2,167	1,478	1,129	7,928	1,853	2,703	2,513	3,687	3,292
Consolidated Net Income / (Loss)	420	2,332	2,183	1,494	1,144	7,943	1,878	2,614	2,539	3,707	3,331
Net Income / (Loss) Continuing Operations	420	2,332	2,183	1,494	1,144	7,943	1,878	2,614	2,539	3,707	3,331
Total Pre-Tax Income	589	2,766	2,784	1,887	1,553	2,191	2,045	2,937	2,800	3,983	3,636
Total Operating Income	399	1,583	2,717	1,605	1,171	2,064	1,764	2,399	2,664	3,901	3,688
Total Gross Profit	3,153	4,179	4,997	4,578	3,696	4,438	4,178	4,533	4,511	5,777	5,382
Total Revenue	19,335	25,707	25,182	25,500	21,301	25,167	23,350	24,927	23,329	24,318	21,454
Operating Revenue	19,335	25,707	25,182	25,500	21,301	25,167	23,350	24,927	23,329	24,318	21,454
Total Cost of Revenue	16,182	21,528	20,185	20,922	17,605	20,729	19,172	20,394	18,818	18,541	16,072
Operating Cost of Revenue	16,182	21,528	20,185	20,922	17,605	20,729	19,172	20,394	18,818	18,541	16,072
Total Operating Expenses	2,754	2,596	2,280	2,973	2,525	2,374	2,414	2,134	1,847	1,876	1,694
Selling, General & Admin Expense	1,251	1,313	1,186	1,277	1,374	1,280	1,253	1,191	1,076	1,032	961
Research & Development Expense	1,409	1,276	1,039	1,074	1,151	1,094	1,161	943	771	810	733
Restructuring Charge	94	-	55	622	-	-	0.00	0.00	-	-	0.00
Total Other Income / (Expense), net	190	1,183	67	282	382	127	281	538	136	82	-52
Interest Expense	91	96	92	86	76	61	38	28	29	33	53
Interest & Investment Income	400	442	429	348	350	333	282	238	213	157	86
Other Income / (Expense), net	-119	837	-270	20	108	-145	37	328	-48	-42	-85
Income Tax Expense	169	434	601	393	409	-5,752	167	323	261	276	305
Net Income / (Loss) Attributable to Noncontrolling Interest	11	15	16	16	15	15	25	-89	26	20	39
Basic Earnings per Share	$0.13	$0.72	$0.68	$0.46	$0.37	$2.50	$0.58	$0.85	$0.80	$1.18	$1.05
Weighted Average Basic Shares Outstanding	3.22B	3.20B	3.20B	3.19B	3.19B	3.17B	3.18B	3.17B	3.17B	3.13B	3.15B
Diluted Earnings per Share	$0.12	$0.66	$0.62	$0.42	$0.34	$2.50	$0.53	$0.78	$0.73	$1.18	$0.95
Weighted Average Diluted Shares Outstanding	3.52B	3.50B	3.50B	3.48B	3.48B	3.49B	3.49B	3.48B	3.47B	3.48B	3.47B
Weighted Average Basic & Diluted Shares Outstanding	3.22B	3.22B	3.21B	3.19B	3.19B	3.18B	3.18B	3.17B	3.17B	3.16B	3.16B

This table details how cash moves in and out of Tesla's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-152	265	-1,220	-1,757	13,118	2,506	312	198	2,533	-709
Net Cash From Operating Activities	14,923	13,256	14,724	11,497	5,943	2,405	2,098	-61	-124	-524
Net Cash From Continuing Operating Activities	14,923	13,256	14,724	11,497	5,943	2,501	2,098	-61	-124	-524
Net Income / (Loss) Continuing Operations	7,153	14,974	12,587	5,644	862	-775	-1,063	-2,241	-773	-889
Consolidated Net Income / (Loss)	7,153	14,974	12,587	5,644	862	-775	-1,063	-2,241	-773	-889
Depreciation Expense	5,368	4,667	3,747	2,911	2,322	2,154	1,901	1,636	947	423
Non-Cash Adjustments To Reconcile Net Income	1,844	2,212	2,298	2,424	2,575	1,375	1,043	950	301	357
Changes in Operating Assets and Liabilities, net	558	-8,597	-3,908	518	184	-349	58	-497	-694	-493
Net Cash From Investing Activities	-18,787	-15,584	-11,973	-7,868	-3,132	-1,436	-2,337	-4,196	-1,081	-1,674
Net Cash From Continuing Investing Activities	-18,787	-15,584	-11,973	-7,868	-3,132	-1,431	-2,337	-4,196	-1,081	-1,674
Purchase of Property, Plant & Equipment	-11,342	-8,899	-7,163	-6,514	-3,232	-1,437	-2,319	-4,081	-1,281	-1,635
Acquisitions	0.00	-64	0.00	0.00	-13	-45	-18	-115	343	-12
Purchase of Investments	-35,955	-19,112	-5,835	-132	0.00	0.00	-	-	-	-
Sale and/or Maturity of Investments	28,510	12,491	22	0.00	0.00	0.00	-	-	17	0.00
Other Investing Activities, net	0.00	0.00	1,003	-1,222	113	46	0.00	0.00	-160	-26
Net Cash From Financing Activities	3,853	2,589	-3,527	-5,203	9,973	1,529	574	4,415	3,744	1,524
Net Cash From Continuing Financing Activities	3,853	2,589	-3,527	-5,203	9,973	1,529	574	4,415	3,744	1,524
Repayment of Debt	-2,514	-1,380	-3,364	-14,185	-12,207	-9,587	-5,921	-3,713	-1,155	-221
Payment of Dividends	-104	-144	-157	-161	-208	-311	-227	-262	-21	0.00
Issuance of Debt	5,744	3,931	0.00	8,883	9,713	10,669	6,176	7,138	2,853	888
Issuance of Common Equity	1,241	700	541	709	12,710	1,564	733	1,502	2,067	857
Other Financing Activities, net	-514	-518	-547	-449	-35	-806	-187	-20	0.00	0.00
Effect of Exchange Rate Changes	-141	4.00	-444	-183	334	8.00	-23	40	-6.55	-34
Cash Interest Paid	277	126	152	266	444	455	381	183	39	32
Cash Income Taxes Paid	1,331	1,119	1,203	561	115	54	35	66	16	9.46

This table details how cash moves in and out of Tesla's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	213	-1,937	3,620	2,890	-4,725	599	711	-891	-154	-3,225	1,262
Net Cash From Operating Activities	2,156	4,814	6,255	3,612	242	4,370	3,308	3,065	2,513	3,278	5,100
Net Cash From Continuing Operating Activities	2,156	4,814	6,255	3,612	242	4,370	3,308	3,065	2,513	3,278	5,100
Net Income / (Loss) Continuing Operations	420	2,332	2,183	1,494	1,144	7,943	1,878	2,614	2,539	3,707	3,331
Consolidated Net Income / (Loss)	420	2,332	2,183	1,494	1,144	7,943	1,878	2,614	2,539	3,707	3,331
Depreciation Expense	1,447	1,496	1,348	1,278	1,246	1,232	1,235	1,154	1,046	989	956
Non-Cash Adjustments To Reconcile Net Income	886	-103	865	558	524	746	610	398	458	773	582
Changes in Operating Assets and Liabilities, net	-597	1,089	1,859	282	-2,672	-5,551	-415	-1,101	-1,530	-2,191	231
Net Cash From Investing Activities	-1,651	-7,603	-2,875	-3,225	-5,084	-4,804	-4,762	-3,534	-2,484	-6,131	-2,791
Net Cash From Continuing Investing Activities	-1,651	-7,603	-2,875	-3,225	-5,084	-4,804	-4,762	-3,534	-2,484	-6,131	-2,791
Purchase of Property, Plant & Equipment	-1,492	-2,780	-3,513	-2,272	-2,777	-2,307	-2,459	-2,060	-2,073	-1,858	-1,803
Purchase of Investments	-6,015	-15,158	-6,032	-8,143	-6,622	-5,891	-6,131	-5,075	-2,015	-4,368	-991
Sale and/or Maturity of Investments	5,856	10,335	6,670	7,190	4,315	3,394	3,816	3,677	1,604	19	3.00
Net Cash From Financing Activities	-332	985	132	2,540	196	887	2,263	-328	-233	-495	-712
Net Cash From Continuing Financing Activities	-332	985	132	2,540	196	887	2,263	-328	-233	-495	-712
Repayment of Debt	-1,349	-725	-562	-633	-594	-470	-354	-241	-315	-364	-530
Payment of Dividends	-22	-28	-26	-20	-30	-39	-38	-31	-36	-39	-42
Issuance of Debt	625	1,384	465	3,119	776	1,405	2,526	-	0.00	-	-
Issuance of Common Equity	313	453	340	197	251	152	254	63	231	67	229
Other Financing Activities, net	101	-99	-85	-123	-207	-161	-125	-119	-113	-159	-369
Effect of Exchange Rate Changes	40	-133	108	-37	-79	146	-98	-94	50	123	-

This table presents Tesla's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	122,070	106,618	82,338	62,131	52,148	34,309	29,740	28,655	22,664	8,068
Total Current Assets	58,360	49,616	40,917	27,100	26,717	12,103	8,307	6,571	6,260	2,782
Cash & Equivalents	16,139	16,398	16,253	17,576	19,384	6,268	3,686	3,368	3,393	1,197
Short-Term Investments	20,424	12,696	5,932	131	0.00	-	-	-	-	-
Accounts Receivable	4,418	3,508	2,952	1,913	1,886	1,324	949	515	499	169
Inventories, net	12,017	13,626	12,839	5,757	4,101	3,552	3,113	2,264	2,067	1,278
Prepaid Expenses	5,362	3,388	2,941	1,723	1,346	959	366	268	194	116
Plant, Property, & Equipment, net	35,836	29,725	23,548	18,884	12,747	10,396	11,330	10,028	5,983	5,195
Total Noncurrent Assets	27,874	27,277	17,873	16,147	12,684	11,810	10,103	12,057	10,421	91
Noncurrent Note & Lease Receivables	10,505	11,218	10,524	-	-	-	8,783	10,921	9,560	0.00
Goodwill	244	253	194	200	207	198	68	60	0.00	-
Intangible Assets	150	178	215	257	313	339	282	362	376	13
Noncurrent Deferred & Refundable Income Taxes	6,524	6,733	328	-	-	-	-	-	-	-
Other Noncurrent Operating Assets	10,451	8,895	6,612	15,690	12,164	11,273	970	273	217	47
Total Liabilities & Shareholders' Equity	122,070	106,618	82,338	62,131	52,148	34,309	29,740	28,655	22,664	8,068
Total Liabilities	48,390	43,009	36,440	30,548	28,418	26,199	23,427	23,023	16,750	6,937
Total Current Liabilities	28,821	28,748	26,709	19,705	14,248	10,667	9,993	7,675	5,827	2,811
Short-Term Debt	2,456	2,373	1,502	1,589	2,132	1,785	2,568	797	984	628
Accounts Payable	12,474	14,431	15,255	10,025	6,051	3,771	3,405	2,490	2,026	916
Accrued Expenses	10,723	9,080	8,205	5,719	3,855	3,222	2,094	1,731	1,210	423
Current Deferred Revenue	3,168	2,864	1,747	1,447	1,458	1,163	630	1,015	763	424
Total Noncurrent Liabilities	19,569	14,261	9,731	10,843	14,170	15,532	13,434	15,348	10,913	4,126
Long-Term Debt	5,757	2,857	1,597	5,245	9,556	11,634	9,404	9,418	5,860	2,021
Noncurrent Deferred Revenue	3,317	3,251	2,804	2,052	1,284	1,207	991	1,178	852	446
Other Noncurrent Operating Liabilities	10,495	8,153	5,330	3,546	3,330	2,691	3,039	4,752	4,112	1,659
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	63	242	409	568	655	643	556	398	376	47
Total Equity & Noncontrolling Interests	73,617	63,367	45,489	31,015	23,075	7,467	5,757	5,235	5,538	1,084
Total Preferred & Common Equity	72,913	62,634	44,704	30,189	22,225	6,618	4,923	4,237	4,753	1,084
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	72,913	62,634	44,704	30,189	22,225	6,618	4,923	4,237	4,753	1,084
Common Stock	38,374	34,895	32,180	29,806	27,261	12,737	10,249	9,178	7,774	3,410
Retained Earnings	35,209	27,882	12,885	329	-5,399	-6,083	-5,318	-4,974	-2,997	-2,322
Accumulated Other Comprehensive Income / (Loss)	-670	-143	-361	54	363	-36	-8.00	33	-24	-3.56
Noncontrolling Interest	704	733	785	826	850	849	834	997	785	0.00

This table presents Tesla's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Total Assets	125,111	119,852	112,832	109,226	106,618	93,941	90,591	86,833	82,338	74,426	68,513
Total Current Assets	59,389	56,379	52,977	50,535	49,616	45,026	43,875	42,997	40,917	35,990	31,222
Cash & Equivalents	16,352	18,111	14,635	11,805	16,398	15,932	15,296	16,048	16,253	19,532	18,324
Short-Term Investments	20,644	15,537	16,085	15,058	12,696	10,145	7,779	6,354	5,932	1,575	591
Accounts Receivable	3,782	3,313	3,737	3,887	3,508	2,520	3,447	2,993	2,952	2,192	2,081
Inventories, net	13,706	14,530	14,195	16,033	13,626	13,721	14,356	14,375	12,839	10,327	8,108
Prepaid Expenses	4,905	4,888	4,325	3,752	3,388	2,708	2,997	3,227	2,941	2,364	2,118
Plant, Property, & Equipment, net	37,088	36,116	32,902	31,436	29,725	27,744	26,389	24,969	23,548	21,926	21,093
Total Noncurrent Assets	28,634	27,357	26,953	27,255	27,277	21,171	20,327	18,867	17,873	16,510	16,198
Noncurrent Note & Lease Receivables	10,332	10,420	10,643	10,898	11,218	11,412	-	-	10,524	-	-
Goodwill	248	253	249	250	253	250	263	195	194	191	196
Intangible Assets	144	158	164	171	178	191	202	204	215	228	241
Noncurrent Deferred & Refundable Income Taxes	6,687	6,486	6,692	6,769	6,733	-	-	-	328	-	-
Other Noncurrent Operating Assets	10,272	10,040	9,205	9,167	8,895	9,318	19,862	18,468	6,612	16,091	15,761
Other Noncurrent Nonoperating Assets	951	-	-	-	-	-	-	-	-	-	-
Total Liabilities & Shareholders' Equity	125,111	119,852	112,832	109,226	106,618	93,941	90,591	86,833	82,338	74,426	68,513
Total Liabilities	49,693	49,142	45,569	44,046	43,009	39,446	38,409	37,598	36,440	33,302	30,855
Total Current Liabilities	29,753	30,577	27,729	29,453	28,748	26,640	27,592	27,436	26,709	24,611	21,821
Short-Term Debt	2,237	2,291	2,264	2,461	2,373	1,967	1,459	1,404	1,502	1,457	1,532
Accounts Payable	13,471	14,654	13,056	14,725	14,431	13,937	15,273	15,904	15,255	13,897	11,212
Accrued Expenses	10,802	10,601	9,616	9,243	9,080	7,636	7,658	7,321	8,205	6,246	6,037
Current Deferred Revenue	3,243	3,031	2,793	3,024	2,864	2,206	2,176	1,750	1,747	1,928	1,858
Total Noncurrent Liabilities	19,940	18,565	17,840	14,593	14,261	12,806	10,817	10,162	9,731	8,691	9,034
Long-Term Debt	5,292	5,405	5,481	2,899	2,857	2,426	872	1,272	1,597	2,096	2,898
Noncurrent Deferred Revenue	3,610	3,350	3,357	3,214	3,251	3,059	3,021	2,911	2,804	2,265	2,210
Other Noncurrent Operating Liabilities	11,038	9,810	9,002	8,480	8,153	7,321	6,924	5,979	5,330	4,330	3,926
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	62	70	72	73	242	277	288	407	409	421	421
Total Equity & Noncontrolling Interests	75,356	70,640	67,191	65,107	63,367	54,218	51,894	48,828	45,489	40,703	37,237
Total Preferred & Common Equity	74,653	69,931	66,468	64,378	62,634	53,466	51,130	48,054	44,704	39,851	36,376
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	74,653	69,931	66,468	64,378	62,634	53,466	51,130	48,054	44,704	39,851	36,376
Common Stock	39,459	37,289	36,446	35,766	34,895	34,204	33,439	32,881	32,180	31,595	30,945
Retained Earnings	35,618	32,656	30,489	29,011	27,882	19,954	18,101	15,398	12,885	9,198	5,908
Accumulated Other Comprehensive Income / (Loss)	-424	-14	-467	-399	-143	-692	-410	-225	-361	-942	-477
Noncontrolling Interest	703	709	723	729	733	752	764	774	785	852	861

This table displays calculated financial ratios and metrics derived from Tesla's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.95%	18.80%	51.35%	70.67%	28.31%	14.52%	82.51%	67.98%	73.01%	26.50%
EBITDA Growth	-4.30%	-20.91%	81.42%	128.16%	96.90%	25.74%	5,746.67%	-106.18%	288.53%	-320.60%
EBIT Growth	-14.26%	-33.42%	104.46%	255.66%	7,900.00%	93.44%	79.17%	-215.97%	26.67%	-310.16%
NOPAT Growth	-57.83%	6.55%	115.87%	289.68%	3,183.75%	82.22%	76.23%	-144.55%	6.88%	-283.86%
Net Income Growth	-52.23%	18.96%	123.02%	554.76%	211.23%	27.09%	52.57%	-189.89%	13.01%	-202.23%
EPS Growth	-52.56%	18.78%	122.09%	554.76%	211.23%	27.09%	52.57%	-152.78%	32.47%	-193.64%
Operating Cash Flow Growth	12.58%	-9.97%	28.07%	93.45%	147.11%	14.63%	3,539.34%	50.74%	76.39%	-814.77%
Free Cash Flow Firm Growth	-89.17%	-93.52%	469.70%	57.47%	179.32%	67.69%	28.95%	44.03%	-348.87%	-33.06%
Invested Capital Growth	14.05%	48.24%	29.46%	29.16%	5.07%	5.94%	21.24%	30.71%	259.45%	72.65%
Revenue Q/Q Growth	0.56%	0.89%	8.81%	14.89%	11.93%	0.65%	22.47%	9.33%	18.05%	6.80%
EBITDA Q/Q Growth	6.18%	-11.00%	8.22%	31.50%	8.43%	-7.08%	173.46%	-109.50%	181.83%	-79.03%
EBIT Q/Q Growth	6.89%	-17.63%	9.47%	44.87%	17.96%	-156.91%	73.96%	-39.10%	19.19%	-36.33%
NOPAT Q/Q Growth	-50.88%	36.34%	11.67%	47.04%	13.90%	-406.09%	72.29%	-25.48%	-0.96%	-34.92%
Net Income Q/Q Growth	-43.96%	39.45%	12.15%	56.91%	23.50%	-11.24%	48.01%	-32.66%	11.55%	-31.48%
EPS Q/Q Growth	-48.61%	26.84%	1.69%	56.91%	23.50%	-11.24%	48.01%	-40.67%	28.66%	-30.51%
Operating Cash Flow Q/Q Growth	3.07%	8.98%	-8.15%	15.77%	36.65%	8.58%	52.85%	94.01%	-142.04%	9.73%
Free Cash Flow Firm Q/Q Growth	109.31%	-24.36%	-21.65%	1,071.72%	610.80%	21.89%	9.25%	63.30%	-4,806.76%	15.75%
Invested Capital Q/Q Growth	1.28%	21.13%	13.75%	0.76%	-4.00%	0.05%	2.12%	-1.04%	313.77%	0.50%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.86%	18.25%	25.60%	25.28%	21.02%	16.56%	18.83%	18.90%	22.85%	22.82%
EBITDA Margin	13.45%	14.19%	21.31%	17.78%	13.30%	8.67%	7.89%	-0.26%	6.94%	-6.37%
Operating Margin	7.24%	9.19%	16.76%	12.12%	6.32%	-0.28%	-1.81%	-13.88%	-9.53%	-17.71%
EBIT Margin	7.95%	9.37%	16.71%	12.37%	5.94%	-0.10%	-1.71%	-14.94%	-7.94%	-18.74%
Profit (Net Income) Margin	7.32%	15.47%	15.45%	10.49%	2.73%	-3.15%	-4.95%	-19.06%	-11.04%	-21.96%
Tax Burden Percent	79.57%	150.15%	91.75%	88.98%	74.70%	116.54%	105.77%	101.45%	103.58%	101.49%
Interest Burden Percent	115.69%	110.04%	100.78%	95.27%	61.65%	2,770.83%	274.59%	125.73%	134.22%	115.47%
Effective Tax Rate	20.43%	-50.15%	8.25%	11.02%	25.30%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	13.24%	40.11%	52.73%	31.59%	9.52%	-0.33%	-2.07%	-10.89%	-8.04%	-25.12%
ROIC Less NNEP Spread (ROIC-NNEP)	7.40%	32.55%	52.34%	33.32%	239.78%	-9.86%	-13.10%	-34.20%	-21.42%	-66.02%
Return on Net Nonoperating Assets (RNNOA)	-2.82%	-12.77%	-20.24%	-11.18%	-4.10%	-10.42%	-15.73%	-27.92%	-13.91%	-59.48%
Return on Equity (ROE)	10.42%	27.35%	32.49%	20.41%	5.41%	-10.75%	-17.80%	-38.82%	-21.95%	-84.60%
Cash Return on Invested Capital (CROIC)	0.11%	1.25%	27.05%	6.14%	4.58%	-6.09%	-21.27%	-37.52%	-120.98%	-78.42%
Operating Return on Assets (OROA)	6.80%	9.59%	18.85%	11.65%	4.33%	-0.07%	-1.25%	-6.85%	-3.62%	-10.91%
Return on Assets (ROA)	6.26%	15.85%	17.43%	9.88%	1.99%	-2.42%	-3.64%	-8.73%	-5.03%	-12.79%
Return on Common Equity (ROCE)	10.29%	26.81%	31.41%	19.34%	4.90%	-8.60%	-13.65%	-30.22%	-18.18%	-80.35%
Return on Equity Simple (ROE_SIMPLE)	9.81%	23.91%	28.16%	18.70%	3.88%	-11.71%	-21.59%	-52.89%	-16.26%	-82.00%
Net Operating Profit after Tax (NOPAT)	5,630	13,349	12,529	5,804	1,489	-48	-272	-1,142	-467	-502
NOPAT Margin	5.76%	13.79%	15.38%	10.78%	4.72%	-0.20%	-1.27%	-9.72%	-6.67%	-12.40%
Net Nonoperating Expense Percent (NNEP)	5.83%	7.57%	0.39%	-1.73%	-230.26%	9.53%	11.04%	23.31%	13.37%	40.89%
Return On Investment Capital (ROIC_SIMPLE)	6.88%	19.46%	25.79%	15.34%	4.28%	-0.23%	-1.53%	-7.39%	-3.77%	-13.44%
Cost of Revenue to Revenue	82.14%	81.75%	74.40%	74.72%	78.98%	83.44%	81.17%	81.10%	77.15%	77.18%
SG&A Expenses to Revenue	5.27%	4.96%	4.84%	8.39%	9.97%	10.77%	13.21%	21.06%	20.46%	22.79%
R&D to Revenue	4.65%	4.10%	3.77%	4.82%	4.73%	5.46%	6.80%	11.72%	11.92%	17.74%
Operating Expenses to Revenue	10.62%	9.06%	8.83%	13.16%	14.70%	16.84%	20.64%	32.78%	32.38%	40.54%
Earnings before Interest and Taxes (EBIT)	7,771	9,063	13,613	6,658	1,872	-24	-366	-1,757	-556	-758
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	13,139	13,730	17,360	9,569	4,194	2,130	1,694	-30	486	-258
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	17.78	12.61	8.70	35.15	30.10	11.39	11.61	12.35	6.74	29.00
Price to Tangible Book Value (P/TBV)	17.88	12.70	8.78	35.70	30.82	12.40	12.50	13.71	7.32	29.35
Price to Revenue (P/Rev)	13.27	8.16	4.77	19.72	21.21	3.07	2.66	4.45	4.58	7.77
Price to Earnings (P/E)	182.82	52.67	30.98	192.30	927.75	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.55%	1.90%	3.23%	0.52%	0.11%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	27.99	19.30	13.84	50.79	41.33	5.51	4.63	5.08	4.02	13.01
Enterprise Value to Revenue (EV/Rev)	12.99	7.93	4.56	19.54	21.01	3.42	3.11	5.14	5.22	8.13
Enterprise Value to EBITDA (EV/EBITDA)	96.57	55.86	21.38	109.92	158.01	39.46	39.34	0.00	75.22	0.00
Enterprise Value to EBIT (EV/EBIT)	163.27	84.63	27.26	157.98	354.01	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	225.35	57.46	29.62	181.22	444.94	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	85.02	57.86	25.20	91.49	111.51	34.95	31.76	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	28,130.30	1,841.88	57.74	932.32	924.99	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.11	0.08	0.07	0.22	0.49	1.65	1.90	1.81	1.16	2.34
Long-Term Debt to Equity	0.08	0.04	0.03	0.17	0.40	1.43	1.49	1.67	0.99	1.79
Financial Leverage	-0.38	-0.39	-0.39	-0.34	-0.02	1.06	1.20	0.82	0.65	0.90
Leverage Ratio	1.67	1.73	1.86	2.07	2.72	4.44	4.89	4.44	4.36	6.62
Compound Leverage Factor	1.93	1.90	1.88	1.97	1.67	123.05	13.42	5.59	5.86	7.64
Debt to Total Capital	10.03%	7.60%	6.32%	17.79%	33.00%	62.33%	65.47%	64.46%	53.65%	70.08%
Short-Term Debt to Total Capital	3.00%	3.45%	3.07%	4.14%	6.02%	8.29%	14.04%	5.03%	7.71%	16.61%
Long-Term Debt to Total Capital	7.03%	4.15%	3.26%	13.65%	26.98%	54.04%	51.43%	59.43%	45.93%	53.47%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.94%	1.42%	2.44%	3.63%	4.25%	6.93%	7.60%	8.80%	9.10%	1.25%
Common Equity to Total Capital	89.03%	90.99%	91.24%	78.58%	62.75%	30.74%	26.92%	26.74%	37.25%	28.67%
Debt to EBITDA	0.63	0.38	0.18	0.71	2.79	6.30	7.07	-340.50	14.09	-10.28
Net Debt to EBITDA	-2.16	-1.74	-1.10	-1.14	-1.84	3.36	4.78	-223.05	6.89	-5.55
Long-Term Debt to EBITDA	0.44	0.21	0.09	0.55	2.28	5.46	5.55	-313.94	12.06	-7.84
Debt to NOPAT	1.46	0.39	0.25	1.18	7.85	-277.83	-44.08	-8.94	-14.65	-5.28
Net Debt to NOPAT	-5.04	-1.79	-1.52	-1.87	-5.17	-148.05	-29.80	-5.86	-7.16	-2.85
Long-Term Debt to NOPAT	1.02	0.21	0.13	0.90	6.42	-240.87	-34.62	-8.24	-12.54	-4.03
Altman Z-Score	17.78	12.81	8.37	22.22	14.99	2.24	1.83	1.28	1.21	2.50
Noncontrolling Interest Sharing Ratio	1.27%	1.98%	3.34%	5.24%	9.41%	19.98%	23.32%	22.14%	17.15%	5.02%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.02	1.73	1.53	1.38	1.88	1.13	0.83	0.86	1.07	0.99
Quick Ratio	1.42	1.13	0.94	1.00	1.49	0.71	0.46	0.51	0.67	0.49
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	45	416	6,427	1,128	716	-903	-2,795	-3,934	-7,029	-1,566
Operating Cash Flow to CapEx	131.57%	148.96%	205.56%	176.50%	183.88%	167.36%	90.47%	-1.49%	-9.67%	-32.08%
Free Cash Flow to Firm to Interest Expense	0.13	2.67	33.65	3.04	0.96	-1.32	-4.22	-8.35	-35.35	-13.17
Operating Cash Flow to Interest Expense	42.64	84.97	77.09	30.99	7.95	3.51	3.16	-0.13	-0.62	-4.41
Operating Cash Flow Less CapEx to Interest Expense	10.23	27.93	39.59	13.43	3.62	1.41	-0.33	-8.79	-7.07	-18.17
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.85	1.02	1.13	0.94	0.73	0.77	0.74	0.46	0.46	0.58
Accounts Receivable Turnover	24.65	29.96	33.49	28.34	19.65	21.63	29.31	23.18	20.96	20.46
Inventory Turnover	6.26	5.98	6.52	8.16	6.51	6.15	6.48	4.40	3.23	2.80
Fixed Asset Turnover	2.98	3.63	3.84	3.40	2.73	2.26	2.01	1.47	1.25	1.15
Accounts Payable Turnover	5.96	5.33	4.80	5.00	5.07	5.72	5.91	4.22	3.67	3.69
Days Sales Outstanding (DSO)	14.81	12.18	10.90	12.88	18.58	16.88	12.45	15.75	17.42	17.84
Days Inventory Outstanding (DIO)	58.32	61.05	55.99	44.73	56.08	59.31	56.33	82.89	113.04	130.42
Days Payable Outstanding (DPO)	61.19	68.48	76.12	72.95	71.97	63.86	61.76	86.44	99.43	99.01
Cash Conversion Cycle (CCC)	11.94	4.75	-9.23	-15.34	2.68	12.33	7.02	12.19	31.03	49.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	45,330	39,745	26,812	20,710	16,034	15,261	14,406	11,882	9,090	2,529
Invested Capital Turnover	2.30	2.91	3.43	2.93	2.02	1.66	1.63	1.12	1.20	2.03
Increase / (Decrease) in Invested Capital	5,585	12,933	6,102	4,676	773	855	2,524	2,792	6,561	1,064
Enterprise Value (EV)	1,268,767	767,009	371,080	1,051,808	662,714	84,045	66,636	60,415	36,537	32,906
Market Capitalization	1,296,350	789,898	388,972	1,061,287	668,905	75,402	57,153	52,328	32,030	31,430
Book Value per Share	$22.71	$19.70	$14.16	$30.06	$23.45	$36.72	$28.67	$25.21	$31.71	$8.28
Tangible Book Value per Share	$22.59	$19.57	$14.03	$29.61	$22.90	$33.74	$26.63	$22.70	$29.20	$8.18
Total Capital	81,893	68,839	48,997	38,417	35,418	21,529	18,285	15,847	12,758	3,780
Total Debt	8,213	5,230	3,099	6,834	11,688	13,419	11,972	10,215	6,844	2,649
Total Long-Term Debt	5,757	2,857	1,597	5,245	9,556	11,634	9,404	9,418	5,860	2,021
Net Debt	-28,350	-23,864	-19,086	-10,873	-7,696	7,151	8,093	6,692	3,346	1,429
Capital Expenditures (CapEx)	11,342	8,899	7,163	6,514	3,232	1,437	2,319	4,081	1,281	1,635
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-4,568	-5,853	-6,475	-8,723	-4,783	-3,047	-2,997	-3,831	-2,082	-621
Debt-free Net Working Capital (DFNWC)	31,995	23,241	15,710	8,984	14,601	3,221	882	-308	1,417	599
Net Working Capital (NWC)	29,539	20,868	14,208	7,395	12,469	1,436	-1,686	-1,104	433	-29
Net Nonoperating Expense (NNE)	-1,523	-1,625	-58	160	627	727	791	1,099	306	387
Net Nonoperating Obligations (NNO)	-28,350	-23,864	-19,086	-10,873	-7,696	7,151	8,093	6,250	3,177	1,398
Total Depreciation and Amortization (D&A)	5,368	4,667	3,747	2,911	2,322	2,154	2,060	1,727	1,042	501
Debt-free, Cash-free Net Working Capital to Revenue	-4.68%	-6.05%	-7.95%	-16.21%	-15.17%	-12.40%	-13.96%	-32.58%	-29.74%	-15.34%
Debt-free Net Working Capital to Revenue	32.75%	24.02%	19.29%	16.69%	46.30%	13.11%	4.11%	-2.62%	20.24%	14.80%
Net Working Capital to Revenue	30.24%	21.56%	17.44%	13.74%	39.54%	5.84%	-7.86%	-9.39%	6.18%	-0.72%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.23	$4.73	$4.02	$1.87	$0.25	($0.33)	($0.38)	($0.79)	($0.31)	($0.46)
Adjusted Weighted Average Basic Shares Outstanding	3.20B	3.17B	3.13B	2.96B	2.80B	2.66B	2.56B	2.49B	2.43B	1.98B
Adjusted Diluted Earnings per Share	$2.04	$4.30	$3.62	$1.63	$0.21	($0.33)	($0.38)	($0.79)	($0.31)	($0.46)
Adjusted Weighted Average Diluted Shares Outstanding	3.50B	3.49B	3.48B	3.39B	3.25B	2.66B	2.56B	2.49B	2.43B	1.98B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($0.31)	($0.46)
Adjusted Weighted Average Basic & Diluted Shares Outstanding	3.22B	3.18B	3.16B	3.10B	2.88B	2.72B	2.59B	2.53B	2.16B	1.92B
Normalized Net Operating Profit after Tax (NOPAT)	6,174	6,224	12,691	5,780	1,489	56	-177	-1,142	-467	-502
Normalized NOPAT Margin	6.32%	6.43%	15.58%	10.74%	4.72%	0.23%	-0.83%	-9.72%	-6.67%	-12.40%
Pre Tax Income Margin	9.20%	10.31%	16.84%	11.78%	3.66%	-2.71%	-4.68%	-18.79%	-10.66%	-21.64%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	22.20	58.10	71.27	17.95	2.50	-0.04	-0.55	-3.73	-2.80	-6.38
NOPAT to Interest Expense	16.09	85.57	65.60	15.64	1.99	-0.07	-0.41	-2.43	-2.35	-4.22
EBIT Less CapEx to Interest Expense	-10.20	1.05	33.77	0.39	-1.82	-2.13	-4.05	-12.39	-9.24	-20.14
NOPAT Less CapEx to Interest Expense	-16.32	28.53	28.10	-1.91	-2.33	-2.17	-3.91	-11.09	-8.79	-17.98
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	1.45%	0.96%	1.25%	2.85%	24.13%	-40.13%	-21.35%	-11.69%	-2.75%	0.00%
Augmented Payout Ratio	1.45%	0.96%	1.25%	2.85%	24.13%	-40.13%	-21.35%	-21.95%	-2.75%	0.00%

This table displays calculated financial ratios and metrics derived from Tesla's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.23%	2.15%	7.85%	2.30%	-8.69%	3.49%	8.84%	47.20%	24.38%	37.24%	55.95%
EBITDA Growth	-39.62%	24.28%	25.00%	-25.20%	-31.05%	-35.00%	-33.41%	13.68%	-19.32%	37.38%	65.24%
EBIT Growth	-82.65%	26.11%	35.87%	-40.41%	-51.11%	-50.27%	-50.01%	9.43%	-28.51%	43.94%	80.33%
NOPAT Growth	-67.35%	-82.16%	31.51%	-40.49%	-64.29%	106.09%	-52.05%	-5.52%	-25.88%	56.26%	91.26%
Net Income Growth	-70.11%	-70.64%	16.24%	-42.85%	-54.94%	114.27%	-43.62%	15.20%	-22.59%	58.22%	100.78%
EPS Growth	-70.73%	-73.60%	16.98%	-46.15%	-53.42%	111.86%	-44.21%	20.00%	-23.16%	51.28%	97.92%
Operating Cash Flow Growth	790.91%	10.16%	89.09%	17.85%	-90.37%	33.31%	-35.14%	30.37%	-37.10%	-28.51%	62.06%
Free Cash Flow Firm Growth	92.19%	22.02%	-28.81%	-88.90%	-172.19%	-120.55%	-2,207.37%	-311.08%	-551.95%	-5.05%	117.35%
Invested Capital Growth	3.03%	14.05%	36.41%	40.87%	48.01%	48.24%	39.21%	35.67%	32.89%	29.46%	14.68%
Revenue Q/Q Growth	-24.79%	2.08%	-1.25%	19.71%	-15.36%	7.78%	-6.33%	6.85%	-4.07%	13.35%	26.69%
EBITDA Q/Q Growth	-51.77%	3.19%	30.73%	14.97%	-19.87%	3.79%	-21.77%	5.98%	-24.46%	6.34%	33.54%
EBIT Q/Q Growth	-86.57%	-1.10%	50.58%	27.05%	-33.35%	6.55%	-33.96%	4.24%	-32.21%	7.11%	44.58%
NOPAT Q/Q Growth	-78.90%	-37.36%	67.66%	47.31%	-88.47%	361.90%	-24.13%	-11.61%	-33.46%	7.46%	49.51%
Net Income Q/Q Growth	-79.72%	6.83%	46.12%	30.59%	-85.60%	322.95%	-28.16%	2.95%	-31.51%	11.29%	46.80%
EPS Q/Q Growth	-79.66%	6.45%	47.62%	23.53%	-86.40%	371.70%	-32.05%	6.85%	-38.14%	24.21%	46.15%
Operating Cash Flow Q/Q Growth	-55.21%	-23.04%	73.17%	1,392.56%	-94.46%	32.10%	7.93%	21.97%	-23.34%	-35.73%	116.93%
Free Cash Flow Firm Q/Q Growth	67.14%	56.70%	15.22%	12.97%	-144.12%	28.48%	-24.33%	-25.40%	-97.80%	-783.37%	124.25%
Invested Capital Q/Q Growth	1.69%	1.28%	1.06%	1.40%	9.89%	21.13%	4.37%	6.54%	10.06%	13.75%	1.71%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	16.31%	16.26%	19.84%	17.95%	17.35%	17.63%	17.89%	18.19%	19.34%	23.76%	25.09%
EBITDA Margin	8.93%	15.23%	15.07%	11.38%	11.85%	12.52%	13.00%	15.57%	15.70%	19.94%	21.25%
Operating Margin	2.06%	6.16%	10.79%	6.29%	5.50%	8.20%	7.55%	9.62%	11.42%	16.04%	17.19%
EBIT Margin	1.45%	9.41%	9.72%	6.37%	6.00%	7.63%	7.71%	10.94%	11.21%	15.87%	16.79%
Profit (Net Income) Margin	2.17%	9.07%	8.67%	5.86%	5.37%	31.56%	8.04%	10.49%	10.88%	15.24%	15.53%
Tax Burden Percent	71.31%	84.31%	78.41%	79.17%	73.66%	362.53%	91.83%	89.00%	90.68%	93.07%	91.61%
Interest Burden Percent	210.36%	114.30%	113.77%	116.12%	121.42%	114.17%	113.55%	107.70%	107.03%	103.21%	100.92%
Effective Tax Rate	28.69%	15.69%	21.59%	20.83%	26.34%	-262.53%	8.17%	11.00%	9.32%	6.93%	8.39%
Return on Invested Capital (ROIC)	3.18%	11.92%	21.19%	12.55%	10.49%	86.46%	23.61%	29.50%	34.45%	51.19%	53.44%
ROIC Less NNEP Spread (ROIC-NNEP)	2.66%	8.10%	20.97%	11.52%	9.12%	84.32%	22.29%	26.78%	33.70%	50.68%	53.81%
Return on Net Nonoperating Assets (RNNOA)	-0.98%	-3.08%	-7.98%	-4.22%	-3.29%	-33.07%	-9.15%	-10.50%	-13.11%	-19.59%	-19.71%
Return on Equity (ROE)	2.20%	8.84%	13.21%	8.33%	7.20%	53.39%	14.46%	19.00%	21.34%	31.59%	33.73%
Cash Return on Invested Capital (CROIC)	8.42%	0.11%	-1.25%	-5.63%	-7.26%	1.25%	1.95%	12.02%	16.94%	27.05%	37.18%
Operating Return on Assets (OROA)	1.18%	8.04%	8.83%	5.97%	5.80%	7.81%	8.79%	12.93%	12.62%	17.90%	19.01%
Return on Assets (ROA)	1.77%	7.75%	7.88%	5.49%	5.19%	32.33%	9.16%	12.39%	12.25%	17.19%	17.58%
Return on Common Equity (ROCE)	2.17%	8.73%	13.02%	8.20%	7.07%	52.33%	14.11%	18.50%	20.71%	30.54%	32.42%
Return on Equity Simple (ROE_SIMPLE)	8.26%	0.00%	18.25%	18.74%	21.09%	0.00%	20.08%	23.84%	24.65%	0.00%	28.16%
Net Operating Profit after Tax (NOPAT)	285	1,335	2,130	1,271	863	7,483	1,620	2,135	2,416	3,631	3,379
NOPAT Margin	1.47%	5.19%	8.46%	4.98%	4.05%	29.73%	6.94%	8.57%	10.35%	14.93%	15.75%
Net Nonoperating Expense Percent (NNEP)	0.52%	3.82%	0.22%	1.02%	1.37%	2.14%	1.32%	2.72%	0.75%	0.51%	-0.37%
Return On Investment Capital (ROIC_SIMPLE)	0.34%	1.63%	2.72%	1.70%	1.22%	10.91%	2.76%	3.94%	4.69%	7.47%	7.63%
Cost of Revenue to Revenue	83.69%	83.74%	80.16%	82.05%	82.65%	82.37%	82.11%	81.81%	80.66%	76.24%	74.91%
SG&A Expenses to Revenue	6.47%	5.11%	4.71%	5.01%	6.45%	5.09%	5.37%	4.78%	4.61%	4.24%	4.48%
R&D to Revenue	7.29%	4.96%	4.13%	4.21%	5.40%	4.35%	4.97%	3.78%	3.30%	3.33%	3.42%
Operating Expenses to Revenue	14.24%	10.10%	9.05%	11.66%	11.85%	9.43%	10.34%	8.56%	7.92%	7.71%	7.90%
Earnings before Interest and Taxes (EBIT)	280	2,420	2,447	1,625	1,279	1,919	1,801	2,727	2,616	3,859	3,603
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,727	3,916	3,795	2,903	2,525	3,151	3,036	3,881	3,662	4,848	4,559
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	11.17	17.78	11.95	9.49	8.68	12.61	14.85	16.23	13.66	8.70	20.86
Price to Tangible Book Value (P/TBV)	11.23	17.88	12.02	9.55	8.74	12.70	14.98	16.38	13.77	8.78	21.08
Price to Revenue (P/Rev)	8.71	13.27	8.60	6.62	5.90	8.16	8.28	8.82	7.63	4.77	11.10
Price to Earnings (P/E)	136.43	182.82	65.80	50.94	41.05	52.67	73.84	68.03	55.86	30.98	74.28
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.73%	0.55%	1.52%	1.96%	2.44%	1.90%	1.35%	1.47%	1.79%	3.23%	1.35%
Enterprise Value to Invested Capital (EV/IC)	17.89	27.99	18.11	13.75	12.32	19.30	23.58	25.76	21.62	13.84	34.57
Enterprise Value to Revenue (EV/Rev)	8.41	12.99	8.34	6.39	5.68	7.93	8.06	8.61	7.41	4.56	10.88
Enterprise Value to EBITDA (EV/EBITDA)	67.04	96.57	65.51	52.42	42.73	55.86	50.14	47.79	38.70	21.38	50.80
Enterprise Value to EBIT (EV/EBIT)	125.04	163.27	111.50	91.92	69.65	84.63	70.30	63.26	50.75	27.26	65.53
Enterprise Value to NOPAT (EV/NOPAT)	159.21	225.35	70.72	56.81	46.74	57.46	79.00	70.14	54.59	29.62	72.62
Enterprise Value to Operating Cash Flow (EV/OCF)	47.80	85.02	55.99	52.80	48.99	57.86	63.59	58.04	48.17	25.20	50.83
Enterprise Value to Free Cash Flow (EV/FCFF)	215.63	28,130.30	0.00	0.00	0.00	1,841.88	1,405.10	246.69	145.62	57.74	99.33
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.10	0.11	0.11	0.12	0.08	0.08	0.08	0.04	0.05	0.07	0.09
Long-Term Debt to Equity	0.07	0.08	0.08	0.08	0.04	0.04	0.04	0.02	0.03	0.03	0.05
Financial Leverage	-0.37	-0.38	-0.38	-0.37	-0.36	-0.39	-0.41	-0.39	-0.39	-0.39	-0.37
Leverage Ratio	1.67	1.67	1.71	1.70	1.71	1.73	1.76	1.77	1.81	1.86	1.90
Compound Leverage Factor	3.51	1.90	1.94	1.98	2.08	1.97	2.00	1.91	1.93	1.92	1.92
Debt to Total Capital	9.08%	10.03%	9.82%	10.33%	7.60%	7.60%	7.46%	4.28%	5.16%	6.32%	7.95%
Short-Term Debt to Total Capital	2.70%	3.00%	2.92%	3.02%	3.49%	3.45%	3.34%	2.68%	2.70%	3.07%	3.26%
Long-Term Debt to Total Capital	6.38%	7.03%	6.89%	7.31%	4.11%	4.15%	4.12%	1.60%	2.45%	3.26%	4.69%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.92%	0.94%	0.99%	1.06%	1.14%	1.42%	1.75%	1.93%	2.28%	2.44%	2.85%
Common Equity to Total Capital	90.00%	89.03%	89.19%	88.61%	91.26%	90.99%	90.79%	93.79%	92.57%	91.24%	89.20%
Debt to EBITDA	0.63	0.63	0.62	0.67	0.43	0.38	0.28	0.14	0.16	0.18	0.22
Net Debt to EBITDA	-2.45	-2.16	-2.10	-1.98	-1.71	-1.74	-1.41	-1.22	-1.20	-1.10	-1.09
Long-Term Debt to EBITDA	0.44	0.44	0.44	0.47	0.23	0.21	0.16	0.05	0.08	0.09	0.13
Debt to NOPAT	1.49	1.46	0.67	0.72	0.47	0.39	0.45	0.20	0.23	0.25	0.32
Net Debt to NOPAT	-5.83	-5.04	-2.26	-2.14	-1.87	-1.79	-2.21	-1.80	-1.69	-1.52	-1.56
Long-Term Debt to NOPAT	1.05	1.02	0.47	0.51	0.25	0.21	0.25	0.08	0.11	0.13	0.19
Altman Z-Score	11.52	17.63	11.72	9.85	9.12	12.59	13.70	14.59	12.03	7.97	16.50
Noncontrolling Interest Sharing Ratio	1.11%	1.27%	1.44%	1.55%	1.73%	1.98%	2.41%	2.60%	2.96%	3.34%	3.90%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.00	2.02	1.84	1.91	1.72	1.73	1.69	1.59	1.57	1.53	1.46
Quick Ratio	1.37	1.42	1.21	1.24	1.04	1.13	1.07	0.96	0.93	0.94	0.95
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,038	-4,250	-9,817	-11,579	-13,305	-5,450	-7,621	-6,130	-4,888	-2,471	362
Operating Cash Flow to CapEx	144.50%	173.17%	178.05%	158.98%	8.71%	189.42%	134.53%	148.79%	121.23%	176.43%	282.86%
Free Cash Flow to Firm to Interest Expense	-11.41	-44.27	-106.70	-134.64	-175.07	-89.35	-200.55	-218.92	-168.56	-74.89	6.82
Operating Cash Flow to Interest Expense	23.69	50.15	67.99	42.00	3.18	71.64	87.05	109.46	86.66	99.33	96.23
Operating Cash Flow Less CapEx to Interest Expense	7.30	21.19	29.80	15.58	-33.36	33.82	22.34	35.89	15.17	43.03	62.21
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.82	0.85	0.91	0.94	0.97	1.02	1.14	1.18	1.13	1.13	1.13
Accounts Receivable Turnover	24.96	24.65	33.31	26.54	27.54	29.96	40.71	34.02	32.44	33.49	36.04
Inventory Turnover	5.30	6.26	5.62	5.49	5.12	5.98	6.40	6.57	6.28	6.52	7.08
Fixed Asset Turnover	2.79	2.98	3.04	3.22	3.36	3.63	3.86	3.96	3.82	3.84	3.82
Accounts Payable Turnover	5.59	5.96	5.56	5.54	5.09	5.33	5.53	5.57	4.89	4.80	4.96
Days Sales Outstanding (DSO)	14.62	14.81	10.96	13.75	13.25	12.18	8.96	10.73	11.25	10.90	10.13
Days Inventory Outstanding (DIO)	68.86	58.32	64.90	66.44	71.24	61.05	57.05	55.53	58.14	55.99	51.57
Days Payable Outstanding (DPO)	65.29	61.19	65.68	65.92	71.76	68.48	66.03	65.47	74.72	76.12	73.60
Cash Conversion Cycle (CCC)	18.19	11.94	10.18	14.27	12.73	4.75	-0.02	0.79	-5.33	-9.23	-11.90
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	45,000	45,330	44,758	44,288	43,677	39,745	32,811	31,438	29,509	26,812	23,570
Invested Capital Turnover	2.16	2.30	2.50	2.52	2.59	2.91	3.40	3.44	3.33	3.43	3.39
Increase / (Decrease) in Invested Capital	1,323	5,585	11,947	12,850	14,168	12,933	9,241	8,265	7,304	6,102	3,017
Enterprise Value (EV)	804,891	1,268,767	810,641	608,898	538,122	767,009	773,542	809,989	637,880	371,080	814,872
Market Capitalization	833,593	1,296,350	835,814	631,078	558,823	789,898	794,197	829,681	656,425	388,972	831,153
Book Value per Share	$23.21	$22.71	$21.89	$20.84	$20.21	$19.70	$16.85	$16.13	$15.19	$14.16	$38.15
Tangible Book Value per Share	$23.09	$22.59	$21.76	$20.71	$20.07	$19.57	$16.71	$15.99	$15.06	$14.03	$37.75
Total Capital	82,947	81,893	78,406	75,008	70,540	68,839	58,888	54,513	51,911	48,997	44,677
Total Debt	7,529	8,213	7,696	7,745	5,360	5,230	4,393	2,331	2,676	3,099	3,553
Total Long-Term Debt	5,292	5,757	5,405	5,481	2,899	2,857	2,426	872	1,272	1,597	2,096
Net Debt	-29,467	-28,350	-25,952	-22,975	-21,503	-23,864	-21,684	-20,744	-19,726	-19,086	-17,554
Capital Expenditures (CapEx)	1,492	2,780	3,513	2,272	2,777	2,307	2,459	2,060	2,073	1,858	1,803
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-5,123	-4,568	-5,555	-3,208	-3,320	-5,853	-5,724	-5,333	-5,437	-6,475	-8,271
Debt-free Net Working Capital (DFNWC)	31,873	31,995	28,093	27,512	23,543	23,241	20,353	17,742	16,965	15,710	12,836
Net Working Capital (NWC)	29,636	29,539	25,802	25,248	21,082	20,868	18,386	16,283	15,561	14,208	11,379
Net Nonoperating Expense (NNE)	-135	-997	-53	-223	-281	-460	-258	-479	-123	-76	48
Net Nonoperating Obligations (NNO)	-30,418	-28,350	-25,952	-22,975	-21,503	-23,864	-21,684	-20,744	-19,726	-19,086	-17,554
Total Depreciation and Amortization (D&A)	1,447	1,496	1,348	1,278	1,246	1,232	1,235	1,154	1,046	989	956
Debt-free, Cash-free Net Working Capital to Revenue	-5.35%	-4.68%	-5.72%	-3.37%	-3.50%	-6.05%	-5.97%	-5.67%	-6.32%	-7.95%	-11.05%
Debt-free Net Working Capital to Revenue	33.30%	32.75%	28.92%	28.86%	24.85%	24.02%	21.22%	18.87%	19.72%	19.29%	17.15%
Net Working Capital to Revenue	30.96%	30.24%	26.56%	26.49%	22.25%	21.56%	19.17%	17.32%	18.09%	17.44%	15.20%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.13	$0.72	$0.68	$0.46	$0.37	$2.50	$0.58	$0.85	$0.80	$1.18	$1.05
Adjusted Weighted Average Basic Shares Outstanding	3.22B	3.20B	3.20B	3.19B	3.19B	3.17B	3.18B	3.17B	3.17B	3.13B	3.15B
Adjusted Diluted Earnings per Share	$0.12	$0.66	$0.62	$0.42	$0.34	$2.50	$0.53	$0.78	$0.73	$1.18	$0.95
Adjusted Weighted Average Diluted Shares Outstanding	3.52B	3.50B	3.50B	3.48B	3.48B	3.49B	3.49B	3.48B	3.47B	3.48B	3.47B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$2.50	$0.00	$0.00	$0.00	$1.18	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	3.22B	3.22B	3.21B	3.19B	3.19B	3.18B	3.18B	3.17B	3.17B	3.16B	3.16B
Normalized Net Operating Profit after Tax (NOPAT)	352	1,335	2,174	1,763	863	1,445	1,620	2,135	2,416	3,631	3,379
Normalized NOPAT Margin	1.82%	5.19%	8.63%	6.91%	4.05%	5.74%	6.94%	8.57%	10.35%	14.93%	15.75%
Pre Tax Income Margin	3.05%	10.76%	11.06%	7.40%	7.29%	8.71%	8.76%	11.78%	12.00%	16.38%	16.95%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.08	25.21	26.60	18.90	16.83	31.46	47.39	97.39	90.21	116.94	67.98
NOPAT to Interest Expense	3.13	13.90	23.16	14.78	11.35	122.67	42.63	76.26	83.30	110.02	63.75
EBIT Less CapEx to Interest Expense	-13.32	-3.75	-11.59	-7.52	-19.71	-6.36	-17.32	23.82	18.72	60.64	33.96
NOPAT Less CapEx to Interest Expense	-13.27	-15.06	-15.03	-11.64	-25.19	84.85	-22.08	2.68	11.82	53.72	29.73
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	1.56%	1.45%	0.90%	1.02%	1.02%	0.96%	1.34%	1.21%	1.27%	1.25%	1.52%
Augmented Payout Ratio	1.56%	1.45%	0.90%	1.02%	1.02%	0.96%	1.34%	1.21%	1.27%	1.25%	1.52%

Frequently Asked Questions About Tesla's Financials

When does Tesla's financial year end?

According to the most recent income statement we have on file, Tesla's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Tesla's net income changed over the last 9 years?

Tesla's net income appears to be on an upward trend, with a most recent value of $7.15 billion in 2024, falling from -$888.66 million in 2015. The previous period was $14.97 billion in 2023. Check out Tesla's forecast to explore projected trends and price targets.

What is Tesla's operating income?

Tesla's total operating income in 2024 was $7.08 billion, based on the following breakdown:

Total Gross Profit: $17.45 billion
Total Operating Expenses: $10.37 billion

How has Tesla revenue changed over the last 9 years?

Over the last 9 years, Tesla's total revenue changed from $4.05 billion in 2015 to $97.69 billion in 2024, a change of 2,314.5%.

How much debt does Tesla have?

Tesla's total liabilities were at $48.39 billion at the end of 2024, a 12.5% increase from 2023, and a 597.6% increase since 2015.

How much cash does Tesla have?

In the past 9 years, Tesla's cash and equivalents has ranged from $1.20 billion in 2015 to $19.38 billion in 2020, and is currently $16.14 billion as of their latest financial filing in 2024.

How has Tesla's book value per share changed over the last 9 years?

Over the last 9 years, Tesla's book value per share changed from 8.28 in 2015 to 22.71 in 2024, a change of 174.5%.

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This page (NASDAQ:TSLA) was last updated on 6/2/2025 by MarketBeat.com Staff

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