Tesla Inc (TSLA)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 7,076,000 | 7,557,000 | 6,604,000 | 7,398,000 | 8,891,000 | 10,728,000 | 12,652,000 | 12,717,000 | 13,656,000 | 12,368,000 | 10,684,000 | 9,532,000 | 6,523,000 | 4,485,000 | 3,290,000 | 2,305,000 | 1,994,000 | 1,778,000 | 1,230,000 | 736,000 |
| 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 |
| Operating profit margin | 7.24% | 7.78% | 6.93% | 7.81% | 9.19% | 11.18% | 13.46% | 14.78% | 16.76% | 16.52% | 15.91% | 15.33% | 12.12% | 9.57% | 7.86% | 6.41% | 6.32% | 6.31% | 4.78% | 2.83% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $7,076,000K ÷ $97,690,000K
= 7.24%
The operating profit margin of Tesla Inc has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The margin started at a relatively low level of 2.83% in March 2020 and gradually increased to reach its peak at 16.76% by the end of December 2022. This period of significant growth in operating profit margin indicates improved efficiency in generating profits from its core operations.
However, starting from March 31, 2023, there was a notable decline in the operating profit margin, dropping to 7.81% by the end of March 2024. This decline may indicate challenges or factors impacting profitability, such as increased costs, pricing pressure, or changes in market conditions.
Following the decrease, the operating profit margin continued to fluctuate around the 7-9% range until the end of December 2024, suggesting that Tesla Inc may be facing some stability in its operational profitability.
Overall, the variations in Tesla's operating profit margin highlight the company's dynamic operating environment and its ability to adapt to changing market conditions and internal factors impacting profitability. Continued monitoring and analysis of this margin will be crucial to understanding the company's financial performance and strategic direction in the future.
Peer comparison
Dec 31, 2024