Tesla has been growing earnings at an average annual rate of 50.9%, while the Auto industry saw earnings growing at 18% annually. Revenues have been growing at an average rate of 29.9% per year. Tesla's return on equity is 18.1%, and it has net margins of 13.1%.
Key information
50.9%
Earnings growth rate
49.9%
EPS growth rate
Auto Industry Growth
13.9%
Revenue growth rate
29.9%
Return on equity
18.1%
Net Margin
13.1%
Last Earnings Update
30 Sep 2024
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Tesla makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
NEOE:TSLA Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Sep 24
97,150
12,743
5,119
4,358
30 Jun 24
95,318
12,427
5,186
4,480
31 Mar 24
94,745
13,652
5,098
4,349
31 Dec 23
96,773
14,999
4,800
3,969
30 Sep 23
95,924
10,794
4,552
3,685
30 Jun 23
94,028
12,235
4,260
3,257
31 Mar 23
86,035
11,788
4,030
2,981
31 Dec 22
81,462
12,583
3,946
3,075
30 Sep 22
74,863
11,187
4,408
3,005
30 Jun 22
67,166
9,513
4,441
2,883
31 Mar 22
62,190
8,399
4,453
2,792
31 Dec 21
53,823
5,524
4,517
2,593
30 Sep 21
46,848
3,468
3,992
2,375
30 Jun 21
41,862
2,150
3,929
2,130
31 Mar 21
35,940
1,112
3,617
1,833
31 Dec 20
31,536
690
3,188
1,491
30 Sep 20
28,176
525
2,918
1,314
30 Jun 20
25,708
368
2,583
1,282
31 Mar 20
26,022
-144
2,569
1,327
31 Dec 19
24,578
-870
2,646
1,343
30 Sep 19
24,420
-835
2,615
1,354
30 Jun 19
24,941
-667
2,749
1,371
31 Mar 19
22,593
-976
2,853
1,433
31 Dec 18
21,461
-976
2,835
1,460
30 Sep 18
17,523
-1,791
2,823
1,459
30 Jun 18
13,684
-2,722
2,747
1,439
31 Mar 18
12,471
-2,341
2,534
1,423
31 Dec 17
11,759
-1,962
2,477
1,378
30 Sep 17
10,755
-1,407
2,229
1,269
30 Jun 17
10,069
-766
1,912
1,152
31 Mar 17
8,549
-723
1,696
974
31 Dec 16
7,000
-675
1,410
834
30 Sep 16
5,930
-874
1,265
779
30 Jun 16
4,568
-1,126
1,164
743
31 Mar 16
4,253
-1,017
1,045
733
31 Dec 15
4,046
-889
922
718
30 Sep 15
3,788
-676
831
667
30 Jun 15
3,703
-521
749
624
31 Mar 15
3,518
-398
681
550
31 Dec 14
3,198
-294
604
465
30 Sep 14
2,857
-203
508
394
30 Jun 14
2,436
-166
430
314
31 Mar 14
2,072
-135
356
259
31 Dec 13
2,013
-74
286
232
Quality Earnings: TSLA has a high level of non-cash earnings.
Growing Profit Margin: TSLA's current net profit margins (13.1%) are higher than last year (11.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TSLA has become profitable over the past 5 years, growing earnings by 50.9% per year.
Accelerating Growth: TSLA's earnings growth over the past year (18.1%) is below its 5-year average (50.9% per year).
Earnings vs Industry: TSLA earnings growth over the past year (18.1%) exceeded the Auto industry 2.6%.
Return on Equity
High ROE: TSLA's Return on Equity (18.1%) is considered low.