Tesla Inc (TSLA)
Return on total capital
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 5,616,000 | 9,340,000 | 10,129,000 | 14,290,000 | 6,687,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 82,137,000 | 72,913,000 | 62,634,000 | 44,704,000 | 30,189,000 |
| Return on total capital | 6.84% | 12.81% | 16.17% | 31.97% | 22.15% |
December 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $5,616,000K ÷ ($—K + $82,137,000K)
= 6.84%
Peer comparison
Dec 31, 2025