Return on Equity (ROE)
since 2010
Calculation
Tesla Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to common stockholders1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 23.94% | = | 100 | × | 14,997) | ÷ | 62,634) |
| Dec 31, 2022 | 28.09% | = | 100 | × | 12,556) | ÷ | 44,704) |
| Dec 31, 2021 | 18.28% | = | 100 | × | 5,519) | ÷ | 30,189) |
| Dec 31, 2020 | 3.24% | = | 100 | × | 721) | ÷ | 22,225) |
| Dec 31, 2019 | -13.03% | = | 100 | × | (862) | ÷ | 6,618) |
| Dec 31, 2018 | -19.83% | = | 100 | × | (976) | ÷ | 4,923) |
| Dec 31, 2017 | -46.29% | = | 100 | × | (1,961) | ÷ | 4,237) |
| Dec 31, 2016 | -14.20% | = | 100 | × | (675) | ÷ | 4,753) |
| Dec 31, 2015 | -81.61% | = | 100 | × | (889) | ÷ | 1,089) |
| Dec 31, 2014 | -32.25% | = | 100 | × | (294) | ÷ | 912) |
| Dec 31, 2013 | -11.09% | = | 100 | × | (74) | ÷ | 667) |
| Dec 31, 2012 | -317.73% | = | 100 | × | (396) | ÷ | 125) |
| Dec 31, 2011 | -113.55% | = | 100 | × | (254) | ÷ | 224) |
| Dec 31, 2010 | -74.54% | = | 100 | × | (154) | ÷ | 207) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
1 US$ in millions
Comparison to Competitors
Tesla Inc., ROE, long-term trends, comparison to competitors
| Tesla Inc. | Ford Motor Co. | General Motors Co. | |
|---|---|---|---|
| Dec 31, 2023 | 23.94% | 10.16% | 15.75% |
| Dec 31, 2022 | 28.09% | -4.58% | 14.65% |
| Dec 31, 2021 | 18.28% | 36.97% | 16.77% |
| Dec 31, 2020 | 3.24% | -4.17% | 14.27% |
| Dec 31, 2019 | -13.03% | 0.14% | 16.11% |
| Dec 31, 2018 | -19.83% | 10.23% | 20.62% |
| Dec 31, 2017 | -46.29% | 21.79% | -11.04% |
| Dec 31, 2016 | -14.20% | 15.76% | 21.51% |
| Dec 31, 2015 | -81.61% | 25.74% | 24.30% |
| Dec 31, 2014 | -32.25% | 12.85% | 11.14% |
| Dec 31, 2013 | -11.09% | 27.12% | 12.55% |
| Dec 31, 2012 | -317.73% | 35.52% | 17.07% |
| Dec 31, 2011 | -113.55% | 134.50% | 24.11% |
| Dec 31, 2010 | -74.54% | — | 17.06% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Sector (Automobiles & Components)
Tesla Inc., ROE, long-term trends, comparison to sector (automobiles & components)
| Tesla Inc. | Automobiles & Components | |
|---|---|---|
| Dec 31, 2023 | 23.94% | 17.37% |
| Dec 31, 2022 | 28.09% | 13.17% |
| Dec 31, 2021 | 18.28% | 24.18% |
| Dec 31, 2020 | 3.24% | 5.99% |
| Dec 31, 2019 | -13.03% | 7.25% |
| Dec 31, 2018 | -19.83% | 13.44% |
| Dec 31, 2017 | -46.29% | 2.40% |
| Dec 31, 2016 | -14.20% | 17.17% |
| Dec 31, 2015 | -81.61% | 23.23% |
| Dec 31, 2014 | -32.25% | 11.18% |
| Dec 31, 2013 | -11.09% | 17.84% |
| Dec 31, 2012 | -317.73% | 21.90% |
| Dec 31, 2011 | -113.55% | 54.61% |
| Dec 31, 2010 | -74.54% | 35.22% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Industry (Consumer Discretionary)
Tesla Inc., ROE, long-term trends, comparison to industry (consumer discretionary)
| Tesla Inc. | Consumer Discretionary | |
|---|---|---|
| Dec 31, 2023 | 23.94% | 30.61% |
| Dec 31, 2022 | 28.09% | 21.65% |
| Dec 31, 2021 | 18.28% | 34.37% |
| Dec 31, 2020 | 3.24% | 25.29% |
| Dec 31, 2019 | -13.03% | 34.62% |
| Dec 31, 2018 | -19.83% | 34.33% |
| Dec 31, 2017 | -46.29% | 22.85% |
| Dec 31, 2016 | -14.20% | 28.74% |
| Dec 31, 2015 | -81.61% | 29.03% |
| Dec 31, 2014 | -32.25% | 20.60% |
| Dec 31, 2013 | -11.09% | 20.34% |
| Dec 31, 2012 | -317.73% | 21.97% |
| Dec 31, 2011 | -113.55% | 34.92% |
| Dec 31, 2010 | -74.54% | 24.34% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).