Tesla, Inc. Annual Return On Equity in % from 2018 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Tesla, Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
  • Tesla, Inc. Return On Equity for the quarter ending September 30, 2024 was 19.1 %, a 11.1% decline year-over-year.
  • Tesla, Inc. annual Return On Equity for 2023 was 27.5 %, a 13.3% decline from 2022.
  • Tesla, Inc. annual Return On Equity for 2022 was 31.7 %, a 55.7% increase from 2021.
  • Tesla, Inc. annual Return On Equity for 2021 was 20.4 %, a 329% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 27.5 -4.23 -13.3% Jan 1, 2023 Dec 31, 2023
2022 31.7 +11.4 +55.7% Jan 1, 2022 Dec 31, 2022
2021 20.4 +15.6 +329% Jan 1, 2021 Dec 31, 2021
2020 4.75 +17.8 Jan 1, 2020 Dec 31, 2020
2019 -13.1 +5.43 +29.4% Jan 1, 2019 Dec 31, 2019
2018 -18.5 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.