Tesla Inc
NASDAQ:TSLA
ROIC
Return on Invested Capital
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
ROIC Across Competitors
ROIC Comparison
Tesla Inc Competitors
Country | US |
Market Cap | 525.1B USD |
ROIC |
28%
|
Country | JP |
Market Cap | 47.2T JPY |
ROIC |
6%
|
Country | IT |
Market Cap | 94.1B EUR |
ROIC |
22%
|
Country | DE |
Market Cap | 81.6B EUR |
ROIC |
22%
|
Country | CN |
Market Cap | 607.1B CNY |
ROIC |
9%
|
Country | DE |
Market Cap | 83.4B USD |
ROIC |
8%
|
Country | DE |
Market Cap | 75.9B EUR |
ROIC |
6%
|
Country | DE |
Market Cap | 75.3B EUR |
ROIC |
6%
|
Country | NL |
Market Cap | 69.1B EUR |
ROIC |
17%
|
Country | DE |
Market Cap | 67.5B EUR |
ROIC |
7%
|
Country | DE |
Market Cap | 66.4B EUR |
ROIC |
6%
|
Profitability Report
View the profitability report to see the full profitability analysis for Tesla Inc.
See Also
ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.
Based on Tesla Inc's most recent financial statements, the company has ROIC of 28%.