Tesla Inc (TSLA)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 7,091,000 | 12,702,000 | 12,388,000 | 13,613,000 | 14,997,000 | 10,756,000 | 12,195,000 | 11,751,000 | 12,556,000 | 11,190,000 | 9,516,000 | 8,399,000 | 5,519,000 | 3,468,000 | 2,181,000 | 1,143,000 | 721,000 | 556,000 | 368,000 | -144,000 |
| Revenue (ttm) | US$ in thousands | 97,690,000 | 97,150,000 | 95,318,000 | 94,745,000 | 96,773,000 | 95,924,000 | 94,028,000 | 86,035,000 | 81,462,000 | 74,863,000 | 67,166,000 | 62,190,000 | 53,823,000 | 46,848,000 | 41,862,000 | 35,940,000 | 31,536,000 | 28,176,000 | 25,708,000 | 26,022,000 |
| Net profit margin | 7.26% | 13.07% | 13.00% | 14.37% | 15.50% | 11.21% | 12.97% | 13.66% | 15.41% | 14.95% | 14.17% | 13.51% | 10.25% | 7.40% | 5.21% | 3.18% | 2.29% | 1.97% | 1.43% | -0.55% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $7,091,000K ÷ $97,690,000K
= 7.26%
The net profit margin of Tesla Inc has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. Starting at a negative level of -0.55% in March 2020, the company managed to improve its profitability with net profit margins increasing steadily to reach a peak of 15.50% in December 2023. This upward trend denotes the company's ability to effectively manage costs and generate profits from its operations.
However, in the subsequent periods, the net profit margin experienced a slight decline, dropping to 14.37% in March 2024, and further to 13.00% in June 2024. By September 30, 2024, there was a minor increase to 13.07%, but by the end of the year, in December 2024, the net profit margin decreased significantly to 7.26%.
This decline in net profit margin in the latter periods may indicate challenges that Tesla Inc could be facing, such as increasing costs, changes in revenue streams, or other factors affecting the company's profitability. Monitoring and analyzing the net profit margin over time can provide insights into the financial health and performance of the company, guiding stakeholders in decision-making and strategic planning.
Peer comparison
Dec 31, 2024