Tesla Financial Ratios
NASDAQ: TSLAIndustrialsAuto ManufacturingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Tesla ratio analysis
Tesla earned a net margin of 4.0% in FY 2025, down from 7.3% a year earlier. Gross margin was 18.0% compared with a median of 18.9% over the prior 9 years. Return on equity reached 4.6%, meaning Tesla generated 0.05 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.10 versus 0.11 the year before, and the current ratio was 2.16. At the end of FY 2025, TSLA traded at 405.6 times earnings; across the 6 fiscal years shown, its year-end P/E ranged from 34.0 to 1120.1, with a median of 208.7. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Tesla financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 405.62 | 201.20 | 57.79 | 34.03 | 216.11 | 1,120.11 | — | — | — | — |
| Price / sales | 14.90 | 13.43 | 8.15 | 4.73 | 19.37 | 20.87 | 1.07 | 0.84 | 0.29 | 0.29 |
| Price / book | 17.20 | 18.00 | 12.59 | 8.62 | 34.53 | 29.61 | 3.96 | 3.67 | 0.81 | 0.43 |
| Gross margin | 18.0% | 17.9% | 18.2% | 25.6% | 25.3% | 21.0% | 16.6% | 18.8% | 18.9% | 22.8% |
| Operating margin | 4.6% | 7.2% | 9.2% | 16.8% | 12.1% | 6.3% | -0.3% | -1.8% | -13.9% | -9.5% |
| Net margin | 4.0% | 7.3% | 15.5% | 15.4% | 10.3% | 2.3% | -3.5% | -4.5% | -16.7% | -9.6% |
| Free cash flow margin | 6.6% | 3.7% | 4.5% | 9.3% | 9.3% | 8.8% | 4.4% | -0.0% | -29.6% | -20.1% |
| Return on equity (ROE) | 4.6% | 9.7% | 23.9% | 28.1% | 18.3% | 3.2% | -13.0% | -19.8% | -46.3% | -14.2% |
| Return on assets (ROA) | 2.8% | 5.8% | 14.1% | 15.2% | 8.9% | 1.4% | -2.5% | -3.3% | -6.8% | -3.0% |
| Debt / equity | 0.10 | 0.11 | 0.07 | 0.05 | 0.18 | 0.46 | 1.78 | 2.36 | 2.41 | 1.47 |
| Current ratio | 2.16 | 2.02 | 1.73 | 1.53 | 1.38 | 1.88 | 1.13 | 0.83 | 0.86 | 1.07 |
| Revenue growth | -2.9% | 0.9% | 18.8% | 51.4% | 70.7% | 28.3% | 14.5% | 82.5% | 68.0% | 73.0% |
| EPS growth | -47.1% | -52.6% | 18.8% | 122.1% | 676.2% | — | — | — | — | — |