Tesla, Inc. (TSLA) Return on equity 2016–2025
Tesla, Inc. (TSLA) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
4.6%FY2025 · since FY2016: -14.2% → 4.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 4.6% | -5.1 pp |
| FY2024 | 9.7% | -14.2 pp |
| FY2023 | 23.9% | -4.1 pp |
| FY2022 | 28.1% | +9.8 pp |
| FY2021 | 18.3% | +15.0 pp |
| FY2020 | 3.2% | +16.3 pp |
| FY2019 | -13.0% | +6.8 pp |
| FY2018 | -19.8% | +26.5 pp |
| FY2017 | -46.3% | -32.1 pp |
| FY2016 | -14.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More TSLA financial trends
TSLA RevenueTSLA Net incomeTSLA Net marginTSLA Gross profitTSLA Gross marginTSLA Operating incomeTSLA Operating marginTSLA Operating cash flowTSLA Free cash flowTSLA Capital expendituresTSLA Stock buybacksTSLA Dividends paidTSLA Total assetsTSLA Total liabilitiesTSLA Shareholders’ equityTSLA overview →