How Does Tesla Stock Stack Up Against Its Peers?

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Here is how Tesla (TSLA) stock stacks up against its peers in size, valuation, growth and margin.

  • TSLA’s operating margin of 5.1% is modest, higher than most peers though lower than PCAR (11.4%).
  • TSLA’s revenue growth of -1.6% in the last 12 months is negative, lagging GM, F, RIVN but outpacing PCAR, OSK.
  • TSLA gained 88.1% in the past year and trades at a PE of 297.6, outperforming its peers.

As a quick background, Tesla provides electric vehicles, regulatory credits, and designs, manufactures, installs, sells, and leases energy generation and storage solutions.

A single stock can be risky, but there is a huge value to a broader, diversified approach we take with the Trefis High Quality Portfolio. That is one way to look at stocks. The Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure.

  TSLA GM PCAR F RIVN OSK
Market Cap ($ Bil) 1,511.4 64.4 51.3 51.8 15.2 7.8
Revenue ($ Bil) 95.6 187.4 29.5 189.6 5.2 10.3
PE Ratio 297.6 21.1 19.0 11.0 -4.3 11.7
LTM Revenue Growth -1.6% 2.6% -15.2% 3.7% 2.7% -2.5%
LTM Operating Margin 5.1% 4.3% 11.4% 1.9% -69.9% 9.3%
LTM FCF Margin 7.1% -0.9% 10.8% 6.3% -87.2% 7.3%
12M Market Return 88.1% 35.3% -1.8% 37.0% 29.6% 19.7%

Why does this matter? TSLA just went up 9% in a month – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell TSLA Stock to see if Tesla holds up as a quality investment. Furthermore, there is always a risk of fall after a strong rally – see how the stock has dipped and recovered in the past through TSLA Dip Buyer Analysis lens.

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Revenue Growth Comparison

  LTM 2024 2023 2022
TSLA -1.6% 0.9% 18.8% 51.4%
GM 2.6% 9.1% 9.6% 23.4%
PCAR -15.2% -4.2% 21.9% 22.5%
F 3.7% 5.0% 11.5% 15.9%
RIVN 2.7% 12.1% 167.4% 2914.5%
OSK -2.5% 11.1% 16.6% 7.0%

Operating Margin Comparison

  LTM 2024 2023 2022
TSLA 5.1% 7.9% 9.2% 17.0%
GM 4.3% 6.8% 5.4% 6.6%
PCAR 11.4% 14.5% 16.9% 12.8%
F 1.9% 2.8% 3.1% 4.0%
RIVN -69.9% -94.3% -129.4% -413.5%
OSK 9.3% 9.9% 8.7% 4.6%

PE Ratio Comparison

  LTM 2024 2023 2022
TSLA 297.6 181.1 52.6 30.6
GM 21.1 9.9 4.8 4.9
PCAR 19.0 13.1 11.1 11.4
F 11.0 6.7 11.2 -23.6
RIVN -4.3 -2.8 -4.1 -2.5
OSK 11.7 9.1 11.9 33.3

While peer comparison is critical, the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.