Profit Margin Summary (Annual)
According to Tesla's latest annual financial reports, the company has an operating profit margin of 9.19%. This metric indicates the percentage of revenue that remains after deducting operating expenses, excluding interest and taxes.
The company's gross profit margin stands at 18.25%, reflecting the percentage of revenue that exceeds the cost of goods sold (COGS).
The pretax profit margin is 10.31%, indicating the percentage of revenue that remains after deducting all expenses except taxes.
Lastly, the net profit margin is 15.50%, which shows the percentage of revenue that remains as profit after all expenses, including taxes, have been deducted.
The trailing twelve months (TTM) operating profit margin is 7.78%, providing a more up-to-date view of the company's financial health.
Operating Margin
9.19%
Gross Margin
18.25%
Pretax Margin
10.31%
Net Margin
15.50%
Historical Operating Profit Margin
Historical Gross Profit Margin
Historical Pretax Profit Margin
Historical Net Profit Margin
Tesla Historical Profit Margins
Tesla Profit Margin History
The table below shows the margins for each year, with the latest data available for the last fiscal year 2023.
Year | Operating Margin | Gross Margin | Pretax Margin | Net Margin |
---|---|---|---|---|
2023 | 9.19% | 18.25% | 10.31% | 15.50% |
2022 | 16.76% | 25.60% | 16.84% | 15.45% |
2021 | 12.12% | 25.28% | 11.78% | 10.26% |
2020 | -6.32% | 21.02% | 3.66% | 2.29% |
2019 | 0.28% | 16.56% | -2.71% | -3.51% |
2018 | -1.81% | 18.83% | -4.68% | -4.55% |
2017 | -13.88% | 18.90% | -18.79% | -16.69% |
2016 | -9.53% | 22.85% | -10.66% | -9.64% |
2015 | -17.71% | 22.82% | -21.64% | -21.96% |
2014 | -5.84% | 27.57% | -8.90% | -9.19% |
2013 | -3.04% | 22.66% | -3.55% | -3.68% |
2012 | -95.41% | 7.28% | -95.84% | -95.88% |
2011 | -123.13% | 30.16% | -124.32% | -124.56% |
2010 | -125.78% | 26.32% | -132.05% | -132.19% |
2009 | -46.36% | 8.52% | -49.77% | -49.79% |
2008 | -532.52% | -7.74% | -560.88% | -561.54% |
2007 | -109497.26% | 87.67% | -106913.70% | -107064.38% |
2006 | 0.00% | 0.00% | 0.00% | 0.00% |