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Tesla, Inc. TSLA Return on invested capital

Return on invested capital at other companies

Ford Motor Company logo
Ford Motor CompanyF
-34.9%-44.1pp
AutoNation logo
AutoNationAN
26.6%+11.0pp
Penske Automotive Group logo
Penske Automotive GroupPAG
9.2%-2.1pp
Group 1 Automotive logo
Group 1 AutomotiveGPI
8.4%-3.0pp
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
-37%-13.1pp
Enphase Energy logo
Enphase EnergyENPH
6%-1.8pp

Other financials

Income statement

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Revenue$28.2B+25.5%
Gross profit$4.8B+22.5%
Operating income$398.0M-56.9%
Net income$1.1B-4.9%
EPS (diluted)$0.32-3.0%

Balance sheet

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Cash & equivalents$15.2B-2.4%
Total debt$10.6B+27.1%
Total equity$86.9B+12.3%
Total assets$148.52B+15.5%

Cash flow

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Operating cash flow$4.7B+84.9%
CapEx$5.8B+142%
Free cash flow$1.4B+117%

Valuation

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Market cap$1.23T+23.2%
Enterprise value$1.22T+23.7%
P/E323.1×+154×
P/S11.9×+1.1×

Profitability

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Gross margin18.9%+1.4pp
Operating margin4.2%-1.8pp
Net margin3.7%-2.7pp
FCF margin7.2%+0.1pp

Returns & leverage

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Return on equity4.6%-3.5pp
Debt / equity0.1×0.0×
Current ratio1.9×-0.1×

Where this comes from

Calculated from Tesla, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Tesla, Inc.’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 22, 2026, 9:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-049270

FAQ

What is Tesla, Inc.'s return on invested capital?
Tesla, Inc. (TSLA) reported return on invested capital of 4.2% in Q2 2026.
How has Tesla, Inc.'s return on invested capital changed year-over-year?
Tesla, Inc.'s return on invested capital decreased by 38.0% year-over-year, from 6.9% to 4.2%.
What is the long-term trend for Tesla, Inc.'s return on invested capital?
Over 5 years (2020 to 2025), Tesla, Inc.'s return on invested capital has grown at a -13.6% compound annual growth rate (CAGR), from 8.7% to 4.2%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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