Tesla, Inc. (TSLA) Return on equity 2016–2025
Tesla, Inc. (TSLA) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
4.6%FY2025 · since FY2016: -14.2% → 4.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 4.6% | -5.1 pp |
| FY2024 | 9.7% | -14.2 pp |
| FY2023 | 23.9% | -4.1 pp |
| FY2022 | 28.1% | +9.8 pp |
| FY2021 | 18.3% | +15.0 pp |
| FY2020 | 3.2% | +16.3 pp |
| FY2019 | -13.0% | +6.8 pp |
| FY2018 | -19.8% | +26.5 pp |
| FY2017 | -46.3% | -32.1 pp |
| FY2016 | -14.2% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice