Enterprise Value to EBITDA (EV/EBITDA)
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
Tesla Inc., EBITDA calculation
US$ in millions
Based on: 10-K (reporting date: 2024-12-31), 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).
| Item | Description | The company |
|---|---|---|
| EBITDA | To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital. | Tesla Inc. EBITDA decreased from 2022 to 2023 and from 2023 to 2024. |
Enterprise Value to EBITDA Ratio, Current
Tesla Inc., current EV/EBITDA calculation, comparison to benchmarks
| Selected Financial Data (US$ in millions) | |
| Enterprise value (EV) | 1,112,288) |
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 14,708) |
| Valuation Ratio | |
| EV/EBITDA | 75.62 |
| Benchmarks | |
| EV/EBITDA, Competitors1 | |
| Ford Motor Co. | 9.89 |
| General Motors Co. | 7.02 |
| EV/EBITDA, Sector | |
| Automobiles & Components | 27.67 |
| EV/EBITDA, Industry | |
| Consumer Discretionary | 23.76 |
Based on: 10-K (reporting date: 2024-12-31).
1 Click competitor name to see calculations.
If the company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.
Otherwise, if the company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.
Enterprise Value to EBITDA Ratio, Historical
Tesla Inc., historical EV/EBITDA calculation, comparison to benchmarks
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||
| Enterprise value (EV)1 | 1,259,861) | 584,941) | 529,785) | 927,706) | 821,920) | |
| Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 14,708) | 14,796) | 17,657) | 9,625) | 4,224) | |
| Valuation Ratio | ||||||
| EV/EBITDA3 | 85.66 | 39.53 | 30.00 | 96.39 | 194.58 | |
| Benchmarks | ||||||
| EV/EBITDA, Competitors4 | ||||||
| Ford Motor Co. | 9.86 | 12.34 | 25.07 | 5.97 | 16.98 | |
| General Motors Co. | 7.12 | 6.17 | 5.96 | 6.40 | 7.48 | |
| EV/EBITDA, Sector | ||||||
| Automobiles & Components | — | 17.43 | 17.29 | 20.13 | 32.21 | |
| EV/EBITDA, Industry | ||||||
| Consumer Discretionary | — | 18.14 | 19.78 | 21.32 | 29.33 | |
Based on: 10-K (reporting date: 2024-12-31), 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).
3 2024 Calculation
EV/EBITDA = EV ÷ EBITDA
= 1,259,861 ÷ 14,708 = 85.66
4 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| EV/EBITDA | Enterprise value to earnings before interest, tax, depreciation and amortization is a valuation indicator for the overall company rather than common stock. | Tesla Inc. EV/EBITDA ratio increased from 2022 to 2023 and from 2023 to 2024. |