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Tesla, Inc. TSLA Net debt / EBITDA

Net debt / EBITDA at other companies

Ford Motor Company logo
Ford Motor CompanyF
-1.9×+0.3×
Uber Technologies logo
Uber TechnologiesUBER
0.6×+0.1×
Albemarle logo
AlbemarleALB
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
-1.4×+0.3×
Eaton Corporation logo
Eaton CorporationETN
0.4×-0.8×
Cummins logo
CumminsCMI
1.1×+0.1×

Other financials

Income statement

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Revenue$22.4B+15.8%
Gross profit$4.7B+49.7%
Operating income$941.0M+136%
Net income$477.0M+16.6%
EPS (diluted)$0.13+8.3%

Balance sheet

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Cash & equivalents$16.6B+1.5%
Total debt$1.2B-86.2%
Total equity$84.1B+12.7%
Total assets$143.72B+14.9%

Cash flow

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Operating cash flow$3.9B+82.6%
CapEx$2.5B+67.1%
Free cash flow$1.4B+117%

Valuation

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Market cap$1.49T+67.3%
Enterprise value$1.47T+67.0%
P/E385.5×+240×
P/S15.2×+5.9×

Profitability

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Gross margin19.1%+1.4pp
Operating margin5%-1.6pp
Net margin3.9%-2.4pp

Returns & leverage

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Return on equity4.9%-3.9pp
Debt / equity-0.1×
Current ratio0.0×

Where this comes from

Calculated from Tesla, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Tesla, Inc.’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tesla, Inc.'s net debt / EBITDA?
Tesla, Inc. (TSLA) reported net debt / EBITDA of -1.4× in Q1 2026.
How has Tesla, Inc.'s net debt / EBITDA changed year-over-year?
Tesla, Inc.'s net debt / EBITDA decreased by 112.4% year-over-year, from -0.6× to -1.4×.
What is the long-term trend for Tesla, Inc.'s net debt / EBITDA?
Over 4 years (2021 to 2025), Tesla, Inc.'s net debt / EBITDA has grown at a -2.4% compound annual growth rate (CAGR), from -3.4× to -3.1×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.