TTM
5.0%
YoY change
−2.65pp
Trough year (2008)
-532.5%
Peak year (2022)
16.8%
Latest annual
4.6%
Operating Margin history chart for Tesla (TSLA) from 2008 to 2025
Latest: 4.6%
Operating Margin change chart for Tesla (TSLA) from 2008 to 2025
Latest: −2.65pp
Operating Margin history table for Tesla (TSLA) from 2008 to 2025
| 2025 | 4.6% | -2.65pp | ||
| 2024 | 7.2% | -1.94pp | ||
| 2023 | 9.2% | -7.58pp | ||
| 2022 | 16.8% | +4.64pp | ||
| 2021 | 12.1% | +5.80pp | ||
| 2020 | 6.3% | +6.60pp | ||
| 2019 | -0.3% | +1.53pp | ||
| 2018 | -1.8% | +12.07pp | ||
| 2017 | -13.9% | -4.35pp | ||
| 2016 | -9.5% | +8.18pp | ||
| 2015 | -17.7% | -11.87pp | ||
| 2014 | -5.8% | -2.79pp | ||
| 2013 | -3.0% | +92.37pp | ||
| 2012 | -95.4% | +27.72pp | ||
| 2011 | -123.1% | +2.65pp | ||
| 2010 | -125.8% | -79.42pp | ||
| 2009 | -46.4% | +486.16pp | ||
| 2008 | -532.5% | — |
- 20254.6%-2.65pp
- 20247.2%-1.94pp
- 20239.2%-7.58pp
- 202216.8%+4.64pp
- 202112.1%+5.80pp
- 20206.3%+6.60pp
- 2019-0.3%+1.53pp
- 2018-1.8%+12.07pp
- 2017-13.9%-4.35pp
- 2016-9.5%+8.18pp
- 2015-17.7%-11.87pp
- 2014-5.8%-2.79pp
- 2013-3.0%+92.37pp
- 2012-95.4%+27.72pp
- 2011-123.1%+2.65pp
- 2010-125.8%-79.42pp
- 2009-46.4%+486.16pp
- 2008-532.5%—
Operating Margin values are taken from Tesla's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Tesla (TSLA)
According to Tesla's latest reported financial statements, the company's latest reported operating margin is 5.0%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Tesla (TSLA) operating margin totalled 4.59% – contracted 2.7 percentage points year-over-year.
2022 marks the peak operating margin at 16.76%, with the historical low of -532.52% recorded in 2008.
Tesla Operating Margin by Year
Tesla Operating Margin 2025: 4.6%
Tesla posted operating margin of 4.59% in 2025, contracted 2.7 percentage points from 2024.
Tesla Operating Margin 2024: 7.2%
In 2024, Tesla reported operating margin of 7.24%, contracted 1.9 percentage points from 2023.
Tesla Operating Margin 2023: 9.2%
Tesla operating margin in 2023 was 9.19%, contracted 7.6 percentage points from 2022.
Tesla Operating Margin 2022: 16.8%
2022's operating margin for Tesla came in at 16.76%, expanded 4.6 percentage points from 2021. This figure represents the highest annual value in the available history.
Tesla Operating Margin 2021: 12.1%
Tesla operating margin in 2021 was 12.12%.
See more financial history for Tesla (TSLA).
Sector peers by Operating Margin
Consumer Cyclical peers of Tesla (TSLA), ranked by their latest operating margin
| 46.0% | |
| 34.3% | |
| 22.2% | |
| 12.4% | |
| 12.4% | |
| 11.5% | |
| 11.5% | |
| 5.8% |
- 46.0%
- 22.2%
- 12.4%
- 12.4%
- 11.5%
- 5.8%
Frequently asked questions
Tesla (TSLA) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation