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Tesla Inc
NASDAQ:TSLA

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Tesla Inc Logo
Tesla Inc
NASDAQ:TSLA
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Price: 144.68 USD 1.85% Market Closed
Updated: Apr 24, 2024

ROE
Return on Equity

28%
Current
23%
Average
7.7%
Industry
Positive for the last year
28%
Positive average
23%
Better than average
Better than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
28%
=
Net Income
15B
/
Equity
55.3B

ROE Across Competitors

ROE Comparison
Tesla Inc Competitors

Country US
Market Cap 460.8B USD
ROE
28%
Country JP
Market Cap 48.8T JPY
ROE
15%
Country IT
Market Cap 96.1B EUR
ROE
44%
Country DE
Market Cap 83B EUR
ROE
41%
Country DE
Market Cap 83.4B USD
ROE
23%
Country DE
Market Cap 77.2B EUR
ROE
16%
Country CN
Market Cap 599.7B CNY
ROE
24%
Country DE
Market Cap 75.3B EUR
ROE
19%
Country NL
Market Cap 70.9B EUR
ROE
24%
Country DE
Market Cap 67.5B EUR
ROE
28%
Country DE
Market Cap 67.5B EUR
ROE
13%

Profitability Report

View the profitability report to see the full profitability analysis for Tesla Inc.

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
28%
=
Net Income
15B
/
Equity
55.3B
What is the ROE of Tesla Inc?

Based on Tesla Inc's most recent financial statements, the company has ROE of 28%.