Tesla Inc (TSLA)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 7,076,000 | 8,891,000 | 13,656,000 | 6,523,000 | 1,994,000 |
| Revenue | US$ in thousands | 97,690,000 | 96,773,000 | 81,462,000 | 53,823,000 | 31,536,000 |
| Operating profit margin | 7.24% | 9.19% | 16.76% | 12.12% | 6.32% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $7,076,000K ÷ $97,690,000K
= 7.24%
Based on the provided data, Tesla Inc's operating profit margin has shown fluctuations over the years.
- As of December 31, 2020, Tesla's operating profit margin was 6.32%. This indicates that for every dollar of sales generated, the company retained approximately 6.32 cents as operating profit.
- By December 31, 2021, the operating profit margin increased to 12.12%, showcasing an improvement in profitability. This could be a result of effective cost management or increased revenue generation.
- The operating profit margin further increased to 16.76% by December 31, 2022, indicating a significant boost in operational efficiency and profitability.
- However, there was a slight dip in the operating profit margin to 9.19% by December 31, 2023. This could be due to various factors such as increased expenses or a slowdown in revenue growth.
- By December 31, 2024, the operating profit margin was 7.24%, indicating a further decrease compared to the previous year.
Overall, Tesla Inc's operating profit margin has shown variability over the years, with periods of improvement followed by slight declines. It is important for the company to continue monitoring its operating expenses and revenue streams to maintain and enhance its profitability in the long run.
Peer comparison
Dec 31, 2024