Tesla Inc (TSLA)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 8,928,000 | 8,353,000 | 7,605,000 | 8,760,000 | 9,996,000 | 11,783,000 | 13,360,000 | 12,798,000 | 13,688,000 | 12,338,000 | 10,582,000 | 9,375,000 | 6,218,000 | 3,958,000 | 2,634,000 | 1,502,000 | 1,013,000 | 807,000 | 459,000 | -55,000 |
| 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 |
| Pretax margin | 9.14% | 8.60% | 7.98% | 9.25% | 10.33% | 12.28% | 14.21% | 14.88% | 16.80% | 16.48% | 15.75% | 15.07% | 11.55% | 8.45% | 6.29% | 4.18% | 3.21% | 2.86% | 1.79% | -0.21% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $8,928,000K ÷ $97,690,000K
= 9.14%
Based on the provided data, Tesla Inc's pretax margin has shown a fluctuating trend over the given period. The pretax margin, which indicates the company's profitability before taxes, has experienced both increases and decreases in percentage terms.
Starting at -0.21% in March 2020, the pretax margin improved gradually, reaching 15.75% by June 2022. The company experienced its highest pretax margin of 16.80% in December 2022. However, there was a subsequent decline to 7.98% in June 2024, followed by a moderate increase to 9.14% by December 2024.
The fluctuation in Tesla Inc's pretax margin suggests varying levels of operational efficiency and cost management over the analyzed period. It is essential for investors and stakeholders to monitor these trends closely to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024