Tesla stock: fundamental analysis
Stocks · TSLA · Consumer Cyclical
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive; and Energy Generation and Storage. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.
- Price: 364.27 USD
- Market cap: 1.4T USD
Data as of September 18, 2026 · Yahoo Finance
Quick read
Business quality
ROE of 4.7%: a low return on shareholders' money. Out of every 100 in sales, 3.7 end up as profit.
Financial health
It holds more cash than debt (net debt/EBITDA of -2.6x): a very comfortable position.
Growth
Revenue is growing 25.5% year on year: a solid pace. Earnings are down 3.0%.
Valuation
It trades at a P/E of 343.7, above the 20.4 median of the consumer cyclical companies we track. On expected earnings the P/E falls to 165.8: the market expects profits to rise. Paying more can be justified by faster growth or a higher-quality business.
Dividend
Tesla does not pay a dividend right now: it reinvests profits or returns cash through buybacks.
Tools
All metrics
| Tesla | Sector median | |
|---|---|---|
| Business quality | ||
| ROE | 4.7% | 26.4% |
| ROA | 1.9% | 7.0% |
| Gross margin | 18.9% | 50.8% |
| Operating margin | 1.4% | 13.7% |
| Net margin | 3.7% | 8.4% |
| Financial health | ||
| Net debt/EBITDA | -2.6x | 2.5x |
| Debt/equity | 0.2x | 0.6x |
| Current ratio | 1.9x | 1.2x |
| Growth | ||
| Revenue growth | 25.5% | 7.4% |
| Earnings growth | -3.0% | 8.0% |
| Valuation | ||
| P/E ratio | 343.7x | 20.4x |
| Forward P/E | 165.8x | 18.7x |
| EV/EBITDA | 132.0x | 15.4x |
| Price/book | 16.6x | 7.0x |
| FCF yield | 0.3% | 3.6% |
| Dividend | ||
| Dividend yield | — | 3.1% |
| Payout ratio | 0.0% | 59.7% |
| Beta (volatility) | 1.8x | 1.0x |
Frequently asked questions
What is Tesla's P/E ratio?
Tesla's P/E is 343.7 based on trailing 12-month earnings and 165.8 on expected earnings. The median for its sector among the companies we track is 20.4. Data as of September 18, 2026.
What dividend does Tesla pay?
Tesla does not pay a dividend right now: it reinvests profits or returns cash through buybacks.
Is Tesla stock expensive?
It trades at a P/E of 343.7, above the 20.4 median of the consumer cyclical companies we track. On expected earnings the P/E falls to 165.8: the market expects profits to rise. Paying more can be justified by faster growth or a higher-quality business. This is an educational reading based on ratios, not a buy or sell recommendation.
Does Tesla have a lot of debt?
It holds more cash than debt (net debt/EBITDA of -2.6x): a very comfortable position.
What is Tesla's market cap?
Tesla has a market cap of 1.4T USD and its shares trade at 364.27 USD, with a 52-week range of 297.38 USD to 498.83 USD (data as of September 18, 2026).
Other companies in the sector
Trailing 12-month metrics. Educational content, not investment advice.