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Tesla Inc
NASDAQ:TSLA

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Tesla Inc
NASDAQ:TSLA
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Price: 149.93 USD -3.55% Market Closed
Updated: Apr 19, 2024

ROIC
Return on Invested Capital

28%
Current
21%
Average
2.9%
Industry
Positive for the last year
28%
Positive average
21%
Better than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
28%
=
NOPAT
13.3B
/
Invested Capital
49.5B

ROIC Across Competitors

ROIC Comparison
Tesla Inc Competitors

Country US
Market Cap 477.5B USD
ROIC
28%
Country JP
Market Cap 47.5T JPY
ROIC
6%
Country IT
Market Cap 95.5B EUR
ROIC
22%
Country DE
Market Cap 81.8B EUR
ROIC
22%
Country CN
Market Cap 610.6B CNY
ROIC
9%
Country DE
Market Cap 83.4B USD
ROIC
8%
Country DE
Market Cap 77.2B EUR
ROIC
6%
Country DE
Market Cap 75.3B EUR
ROIC
6%
Country NL
Market Cap 73.1B EUR
ROIC
17%
Country DE
Market Cap 67.5B EUR
ROIC
7%
Country DE
Market Cap 67.1B EUR
ROIC
6%

Profitability Report

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

See Also

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What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
28%
=
NOPAT
13.3B
/
Invested Capital
49.5B
What is the ROIC of Tesla Inc?

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