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A Tesla share is $159.32, and its EPS for the last 12 months is $3.61 [1]. That means 2.3% per year. A Toyota share is $145.55, and its EPS for the same period

A Tesla share is $159.32, and its EPS for the last 12 months is $3.61 [1]. That means 2.3% per year. A Toyota share is $145.55, and its EPS for the same period is $16.82 [2]. That means 11.6% per year. [1] - https://companiesmarketcap.com/tesla/eps/ https://companiesmarketcap.com/tesla/eps/ [2] - https://companiesmarketcap.com/toyota/eps/ https://companiesmarketcap.com/toyota/eps/ If Tesla is massively profitable, Toyota is 5 times so.

bryanlarsen 4y ago
Tesla's gross margin is 25%, Toyota's gross margin is 15%.
- makestuff 4y ago
  Do they still make a large portion of profit from selling carbon credits though?
  - chroma 4y ago
    No. In their latest filing[1], automotive regulatory credits are around 1% of revenue. 1. https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000095017022019867/tsla-20220930.htm https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/0000...
    - hef19898 4y ago
      Revenue =|= profits. Now, if you are interested, devide what ever that revenue was by Tesla's profits. Because those credits have a zero cost behind them. And those credits will go away with every EV those other brands build and sell.
      - chroma 4y ago
        If you look at the SEC filing it's 8% of profits. Though Tesla isn't trying to be particularly profitable right now. They've been spending tons of money on new factories so they can scale up production.
        bryanlarsen 4y ago
        Credits aren't pure profit. You have to build and deliver a car to get them, so the 1% number of the parent comment is much more relevant than your 8% number.
- hef19898 4y ago
  And at one time Porsche progits were higher than their revenue (look it up, that was caused by their VW shares exploding in value). Ferrari is more profitable than, say, Hyundai. Different market segmentd have different profit margins, and Toyota actually can build cars with retail prices below 30k.
snovv_crash 4y ago
Tesla has been building out its manufacturing lines during this time, which is extremely capital intensive. Remember when the Model 3 was just being rolled out, and how that almost killed them?
- thwayunion 4y ago
  So has Toyota (and most other auto manufacturers).
derjames 4y ago
Don't you have to include the shares outstanding in your calculation? Your analysis seems to assume the total shares is the same between the two companies.
- loeg 4y ago
  No; the “PS” in “EPS” stands for “per share.”
kjksf 4y ago
Tesla EPS growth: 94.96%, 660.27% Toyota EPS growth: 15.49%, 6.95% The market looks to the future. A company with 95% earnings growth deserves much higher P/E than a company with 16% earnings growth. Tesla and BYD are clearly dominant players in a rapidly growing EV market. Toyota is a laggard among other laggards. With a single EV only introduced for sale this year they are behind pretty much everyone.

bryanlarsen 4y ago

Tesla's gross margin is 25%, Toyota's gross margin is 15%.

makestuff 4y ago
Do they still make a large portion of profit from selling carbon credits though?
- chroma 4y ago
  No. In their latest filing[1], automotive regulatory credits are around 1% of revenue. 1. https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000095017022019867/tsla-20220930.htm https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/0000...
  - hef19898 4y ago
    Revenue =|= profits. Now, if you are interested, devide what ever that revenue was by Tesla's profits. Because those credits have a zero cost behind them. And those credits will go away with every EV those other brands build and sell.
    - chroma 4y ago
      If you look at the SEC filing it's 8% of profits. Though Tesla isn't trying to be particularly profitable right now. They've been spending tons of money on new factories so they can scale up production.
      - bryanlarsen 4y ago
        Credits aren't pure profit. You have to build and deliver a car to get them, so the 1% number of the parent comment is much more relevant than your 8% number.
hef19898 4y ago
And at one time Porsche progits were higher than their revenue (look it up, that was caused by their VW shares exploding in value). Ferrari is more profitable than, say, Hyundai. Different market segmentd have different profit margins, and Toyota actually can build cars with retail prices below 30k.

snovv_crash 4y ago

Tesla has been building out its manufacturing lines during this time, which is extremely capital intensive. Remember when the Model 3 was just being rolled out, and how that almost killed them?

thwayunion 4y ago
So has Toyota (and most other auto manufacturers).

derjames 4y ago

Don't you have to include the shares outstanding in your calculation? Your analysis seems to assume the total shares is the same between the two companies.

loeg 4y ago
No; the “PS” in “EPS” stands for “per share.”

kjksf 4y ago

Tesla EPS growth: 94.96%, 660.27% Toyota EPS growth: 15.49%, 6.95% The market looks to the future. A company with 95% earnings growth deserves much higher P/E than a company with 16% earnings growth. Tesla and BYD are clearly dominant players in a rapidly growing EV market. Toyota is a laggard among other laggards. With a single EV only introduced for sale this year they are behind pretty much everyone.