Tesla, Inc. (TSLA) Financial Ratios
19 years of historical data (2007–2025) · Consumer Cyclical · Auto - Manufacturers
EV/EBITDA
↑
138.31
↑+45% vs avg
5yr avg: 95.29
30Y Low24.0·High63.3
P/FCF
↓
234.86
-6% vs avg
5yr avg: 249.46
30Y Low56.7·High198.6
P/B Ratio
↓
16.57
↓-16% vs avg
5yr avg: 19.80
30Y Low5.2·High37.8
ROE
↓
4.8%
↑-75% vs avg
5yr avg: 19.0%
30Y Low-227%·High32%
Debt/EBITDA
↓
0.80
+3% vs avg
5yr avg: 0.77
30Y Low0.3·High31.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
TSLA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Tesla, Inc. trades at 360.5x earnings, 95% above its 5-year average of 184.5x, sitting at the 100th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 19.3x, the stock trades at a premium of 1770%. On a free-cash-flow basis, the stock trades at 234.9x P/FCF, 6% below the 5-year average of 249.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.46T | $1.59T | $1.41T | $865.4B | $428.1B | $1.19T | $764.2B | $74.0B | $56.8B | $51.6B | $30.8B |
| Enterprise Value | $1.45T | $1.58T | $1.41T | $858.6B | $417.5B | $1.18T | $758.1B | $82.4B | $66.9B | $60.4B | $36.2B |
| P/E Ratio → | 360.46 | 416.41 | 198.13 | 57.65 | 34.03 | 216.11 | 1120.10 | — | — | — | — |
| P/S Ratio | 15.41 | 16.73 | 14.46 | 8.94 | 5.25 | 22.16 | 24.23 | 3.01 | 2.65 | 4.39 | 4.40 |
| P/B Ratio | 16.57 | 19.15 | 19.17 | 13.60 | 9.33 | 37.77 | 32.27 | 9.13 | 8.99 | 9.16 | 5.22 |
| P/FCF | 234.86 | 255.08 | 394.48 | 198.62 | 56.68 | 342.45 | 282.94 | 76.50 | — | — | — |
| P/OCF | 99.06 | 107.59 | 94.66 | 65.28 | 29.07 | 103.74 | 128.59 | 30.79 | 27.07 | — | — |
P/E links to full P/E history page with 30-year chart
TSLA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Tesla, Inc.'s enterprise value stands at 138.3x EBITDA, 45% above its 5-year average of 95.3x. The Consumer Cyclical sector median is 11.3x, placing the stock at a 1121% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 16.65 | 14.43 | 8.87 | 5.13 | 22.00 | 24.04 | 3.35 | 3.12 | 5.13 | 5.18 |
| EV / EBITDA | 138.31 | 150.29 | 113.32 | 63.33 | 23.99 | 125.51 | 175.65 | 39.51 | 44.23 | 15095.00 | 129.52 |
| EV / EBIT | 333.57 | 281.07 | 150.98 | 84.76 | 30.02 | 176.36 | 398.59 | 4119.15 | — | — | — |
| EV / FCF | — | 253.77 | 393.78 | 197.06 | 55.29 | 339.95 | 280.68 | 85.11 | — | — | — |
TSLA Profitability
Margins and return-on-capital ratios measuring operating efficiency
Tesla, Inc. earns an operating margin of 4.6%, roughly in line with the Consumer Cyclical sector average. Operating margins have compressed from 9.2% to 4.6% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 4.8% is modest, trailing the sector median of 5.8%. ROIC of 4.5% represents below-average returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.0% | 18.0% | 17.9% | 18.2% | 25.6% | 25.3% | 21.0% | 16.6% | 18.8% | 18.9% | 22.8% |
| Operating Margin | 4.6% | 4.6% | 7.2% | 9.2% | 16.8% | 12.1% | 6.3% | -0.3% | -1.8% | -13.9% | -9.5% |
| Net Profit Margin | 4.0% | 4.0% | 7.3% | 15.5% | 15.4% | 10.3% | 2.3% | -3.5% | -4.5% | -16.7% | -9.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.8% | 4.8% | 10.4% | 27.4% | 32.5% | 20.0% | 4.5% | -12.0% | -16.3% | -34.0% | -19.3% |
| ROA | 2.9% | 2.9% | 6.2% | 15.9% | 17.4% | 9.7% | 1.7% | -2.7% | -3.3% | -7.6% | -4.4% |
| ROIC | 4.5% | 4.5% | 8.3% | 14.5% | 35.2% | 24.2% | 8.8% | -0.3% | -1.9% | -9.5% | -7.1% |
| ROCE | 4.4% | 4.4% | 8.3% | 13.3% | 27.9% | 16.2% | 6.5% | -0.3% | -1.9% | -8.6% | -6.0% |
TSLA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Tesla, Inc. carries a Debt/EBITDA ratio of 0.8x, which is very conservative (81% below the sector average of 4.3x). The company holds a net cash position — cash of $16.5B exceeds total debt of $8.4B, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 16.6x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.10 | 0.10 | 0.18 | 0.15 | 0.13 | 0.28 | 0.56 | 1.80 | 2.19 | 2.15 | 1.49 |
| Debt / EBITDA | 0.80 | 0.80 | 1.09 | 0.71 | 0.33 | 0.94 | 3.08 | 7.00 | 9.14 | 3032.72 | 31.46 |
| Net Debt / Equity | — | -0.10 | -0.03 | -0.11 | -0.23 | -0.28 | -0.26 | 1.03 | 1.61 | 1.56 | 0.92 |
| Net Debt / EBITDA | -0.77 | -0.77 | -0.20 | -0.50 | -0.60 | -0.92 | -1.41 | 4.00 | 6.70 | 2190.74 | 19.33 |
| Debt / FCF | — | -1.31 | -0.70 | -1.57 | -1.39 | -2.50 | -2.26 | 8.61 | — | — | — |
| Interest Coverage | 16.62 | 16.62 | 26.69 | 64.93 | 72.83 | 18.10 | 2.54 | 0.03 | -0.52 | -3.69 | -2.75 |
Net cash position: cash ($16.5B) exceeds total debt ($8.4B)
TSLA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Tesla, Inc.'s current ratio of 2.16x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.77x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.73x to 2.16x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.16 | 2.16 | 2.02 | 1.73 | 1.53 | 1.38 | 1.88 | 1.13 | 0.83 | 0.86 | 1.07 |
| Quick Ratio | 1.77 | 1.77 | 1.61 | 1.25 | 1.05 | 1.08 | 1.59 | 0.80 | 0.52 | 0.56 | 0.72 |
| Cash Ratio | 1.39 | 1.39 | 1.27 | 1.01 | 0.83 | 0.90 | 1.36 | 0.59 | 0.37 | 0.44 | 0.58 |
| Asset Turnover | — | 0.69 | 0.80 | 0.91 | 0.99 | 0.87 | 0.60 | 0.72 | 0.72 | 0.41 | 0.31 |
| Inventory Turnover | 6.27 | 6.27 | 6.68 | 5.81 | 4.72 | 6.99 | 6.07 | 5.77 | 5.60 | 4.21 | 2.61 |
| Days Sales Outstanding | — | 17.61 | 16.51 | 13.23 | 13.23 | 12.97 | 21.83 | 19.66 | 16.14 | 16.00 | 26.03 |
TSLA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Tesla, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 0.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.3% | 0.2% | 0.5% | 1.7% | 2.9% | 0.5% | 0.1% | — | — | — | — |
| FCF Yield | 0.4% | 0.4% | 0.3% | 0.5% | 1.8% | 0.3% | 0.4% | 1.3% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $3.5B | $3.5B | $3.5B | $3.5B | $3.4B | $3.2B | $2.7B | $2.6B | $2.5B | $2.2B |
Peer Comparison
Compare TSLA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 TSLAYou | $1.5T | 360.5 | 138.3 | 234.9 | 18.0% | 4.6% | 4.8% | 4.5% | 0.8 |
 GM | $69B | 23.3 | 10.2 | 6.2 | 10.9% | 1.6% | 4.2% | 1.3% | 7.4 |
 F | $46B | -5.7 | 22.3 | 3.7 | 12.2% | 1.4% | -20.2% | 1.0% | 19.7 |
 RIVN | $18B | -4.8 | — | — | 2.7% | -66.5% | -65.4% | -36.7% | — |
 LCID | $2B | -0.5 | — | — | -92.8% | -258.7% | -117.6% | -98.7% | — |
 NIO | $12B | -3.6 | — | — | 9.9% | -33.3% | -105.1% | -55.2% | — |
 STLA | $21B | -0.7 | — | — | -2.7% | -14.5% | -38.6% | -25.3% | — |
 ENPH | $5B | 27.9 | 22.5 | 49.5 | 46.6% | 11.2% | 17.9% | 6.8% | 5.1 |
 SEDG | $3B | -6.5 | — | 32.9 | 15.3% | -24.1% | -74.7% | -29.5% | — |
 FSLR | $24B | 15.4 | 9.6 | 19.8 | 40.6% | 32.3% | 17.4% | 17.6% | 0.2 |
 CHPT | $137M | -0.7 | — | — | 30.5% | -51.1% | -277.4% | -83.8% | — |
| Consumer Cyclical Median | — | 19.3 | 11.3 | 14.6 | 37.9% | 2.9% | 5.8% | 5.8% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 19 years · Updated daily
Full TSLA Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy TSLA Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See TSLA's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TSLA Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TSLA vs GM
Side-by-side business, growth, and profitability comparison vs General Motors Company.
Start ComparisonTSLA — Frequently Asked Questions
Quick answers to the most common questions about buying TSLA stock.
What is Tesla, Inc.'s P/E ratio?
Tesla, Inc.'s current P/E ratio is 360.5x. The historical average is 96.6x. This places it at the 100th percentile of its historical range.
What is Tesla, Inc.'s EV/EBITDA?
Tesla, Inc.'s current EV/EBITDA is 138.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 42.8x.
What is Tesla, Inc.'s ROE?
Tesla, Inc.'s return on equity (ROE) is 4.8%. The historical average is -34.2%.
Is TSLA stock overvalued?
Based on historical data, Tesla, Inc. is trading at a P/E of 360.5x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Tesla, Inc.'s profit margins?
Tesla, Inc. has 18.0% gross margin and 4.6% operating margin.
How much debt does Tesla, Inc. have?
Tesla, Inc.'s Debt/EBITDA ratio is 0.8x, indicating low leverage. A ratio below 2x is generally considered financially healthy.