Tesla (TSLA) Return on Invested Capital (ROIC)

Price: $357.09
Market Cap: $1.15T
Avg Volume: 89.11M
Country: US
Industry: Auto - Manufacturers
Sector: Consumer Cyclical
Beta: 2.295
52W Range: $138.8-361.93
Website: Tesla

Return on Invested Capital (ROIC) Summary

Tesla's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 19.84%
  • Quarterly: 2.76%
  • TTM: 14.82%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess Tesla's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 23.95%
    • Quarterly: 3.10%
    • TTM: 19.29%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 14.07%
    • Quarterly: 1.81%
    • TTM: 10.60%

These metrics provide insights into Tesla's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

19.84%

Quarterly ROIC

2.76%

TTM ROIC

14.82%

Tesla Historical ROIC
26.80%26.80%17.59%17.59%8.39%8.39%-0.82%-0.82%-10.03%-10.03%-19.23%-19.23%ROIC20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROE
75.24%75.24%22.83%22.83%-29.59%-29.59%-82.00%-82.00%ROE20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical ROA
15.28%15.28%10.02%10.02%4.76%4.76%-0.50%-0.50%-5.76%-5.76%-11.01%-11.01%ROA20152015201620162017201720182018201920192020202020212021202220222023202320242024

Tesla Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2023.

Year ROIC ROE ROA
2023 19.84% 23.95% 14.07%
2022 26.80% 28.15% 15.28%
2021 16.34% 18.30% 8.89%
2020 -4.58% 3.24% 1.38%
2019 0.44% -13.03% -2.51%
2018 -2.64% -19.83% -3.28%
2017 -11.38% -46.30% -6.85%
2016 -5.75% -14.20% -2.98%
2015 -19.23% -82.00% -11.01%
2014 -5.58% -32.25% -5.04%