TSLA Profit Margins

Gross, Operating & Net Margin Analysis for Tesla Inc

Margin Quality

Weak

Current Profit Margins

Gross Margin

18.0%

18.0% YoY

$17.09B gross profit

Operating Margin

4.6%

4.6% YoY

$4.36B operating income

Net Profit Margin

4.0%

3.3% YoY

$3.79B net income

5-Year Margin Trends

2024Revenue: $0.00
Gross%
Operating%
Net%
2024Revenue: $0.00
Gross%
Operating%
Net%
FYRevenue: $97.69B
Gross17.9%
Operating7.2%
Net7.3%
2024Revenue: $97.69B
Gross0.0%
Operating0.0%
Net7.3%
FYRevenue: $94.83B
Gross18.0%
Operating4.6%
Net4.0%

What Margins Indicate About TSLA

Business Quality

Lower gross margins may reflect commodity-like products or intense price competition in the Consumer Discretionary.

Operational Efficiency

Expanding operating margins show Tesla Inc is improving operational leverage and cost management.

Profitability

Modest net margins indicate the business is profitable but may face margin pressures or be in a capital-intensive industry.

Investment Implications

Mixed margin trends require deeper analysis to understand underlying business dynamics and sustainability.

Understanding Profit Margins

Gross Margin

(Revenue - Cost of Goods Sold) / Revenue. Measures pricing power and production efficiency before operating expenses.

Operating Margin

Operating Income / Revenue. Shows profitability from core operations after all operating expenses but before interest and taxes.

Net Profit Margin

Net Income / Revenue. The bottom line - shows how much profit the company keeps from each dollar of revenue after all expenses.

Analyze TSLA Profitability

Get complete financial analysis with profitability trends, ROE, ROIC, and more

Frequently Asked Questions

What is TSLA's profit margin?

TSLA (Tesla Inc) has a net profit margin of 4.0%, meaning the company keeps $0.04000970187815707 in profit for every dollar of revenue. This represents a change from the previous year's net margin of 7.3%.

What is TSLA's gross margin?

TSLA's gross margin is 18.0%. Gross margin measures the percentage of revenue remaining after subtracting the cost of goods sold. A lower gross margin like this reflects the competitive dynamics of the Consumer Discretionary.

What is TSLA's operating margin?

TSLA has an operating margin of 4.6%. Operating margin shows profitability after operating expenses but before interest and taxes. The 4.6% year-over-year improvement suggests better operational efficiency.

Are TSLA's profit margins good?

TSLA's margins are considered weak. When evaluating margins, it's important to compare against Automobiles peers, as different sectors have structurally different margin profiles.

How do profit margins affect TSLA stock?

Profit margins are a key indicator of TSLA's business quality and competitive position. The current margins should be evaluated alongside growth rates and return on capital to assess overall business quality. Expanding margins often lead to stock price appreciation, while contracting margins can signal competitive pressures.

What drives TSLA's profit margins?

TSLA's profit margins are influenced by several factors: pricing power vs competitors, operational efficiency, scale advantages, input costs (materials, labor), Automobiles-specific dynamics, and management execution. The significant expansion in gross margin suggests changes in these underlying drivers.

Disclaimer: Margin analysis is based on reported financial statements and should be compared to industry peers for context. Different sectors have structurally different margin profiles. This information is for educational purposes only and should not be considered financial advice.

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