Debt to Equity snapshot
Tesla, Inc.'s debt to equity was 0.10 in FY2025, compared with 0.11 in FY2024. On a trailing-twelve-month basis it was 0.11 as of Q1 FY26. The debt-to-equity ratio is total debt divided by shareholders' equity. It measures how much a company is financed by debt relative to equity.
Debt to Equity (latest FY)
0.10
Debt to Equity (TTM)
0.11
Debt to assets (latest FY)
0.06
Net debt / EBITDA (latest FY)
-1.87
Tesla, Inc. Debt to Equity
Total debt ÷ shareholders' equity
Debt to Equity vs. related metrics
Tesla, Inc. Debt to Equity — by fiscal year
| Fiscal year | Debt to equity | Debt to assets | Net debt / EBITDA |
|---|---|---|---|
| FY2025 | 0.10 | 0.06 | -1.87 |
| FY2024 | 0.11 | 0.07 | -1.12 |
| FY2023 | 0.08 | 0.05 | -1.26 |
| FY2022 | 0.07 | 0.04 | -0.96 |
| FY2021 | 0.23 | 0.11 | -1.65 |
| FY2020 | 0.53 | 0.22 | -3.86 |
| FY2019 | 2.03 | 0.39 | -103.64 |
| FY2018 | 2.43 | 0.40 | -21.35 |
| FY2017 | 2.43 | 0.36 | -8.05 |
| FY2016 | 1.47 | 0.31 | -19.03 |
| FY2015 | 1.88 | 0.25 | -1.92 |
| FY2014 | 2.01 | 0.31 | 2.51 |
| FY2013 | 0.03 | 0.01 | -36.49 |
| FY2012 | 3.74 | 0.42 | -0.72 |
| FY2011 | 1.25 | 0.39 | -0.11 |
| FY2010 | 0.35 | 0.19 | 0.20 |
| FY2009 | — | — | — |
| FY2008 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Debt to equity | Debt to assets | Net debt / EBITDA |
|---|---|---|---|
| Q1 FY26 | 0.11 | 0.06 | -1.51 |
| Q4 FY25 | 0.10 | 0.06 | -1.87 |
| Q3 FY25 | 0.10 | 0.06 | -2.34 |
| Q2 FY25 | 0.09 | 0.06 | -1.49 |
| Q1 FY25 | 0.10 | 0.06 | -1.40 |
| Q4 FY24 | 0.11 | 0.07 | -1.12 |
| Q3 FY24 | 0.11 | 0.06 | -1.38 |
| Q2 FY24 | 0.12 | 0.07 | -1.04 |
| Q1 FY24 | 0.08 | 0.05 | -0.87 |
| Q4 FY23 | 0.08 | 0.05 | -1.26 |
| Q3 FY23 | 0.08 | 0.05 | -1.08 |
| Q2 FY23 | 0.05 | 0.03 | -1.02 |
Figures normalized from SEC filings. See the full Tesla, Inc. ratios & metrics.