As of Q3'25, TSLA's latest reported Operating ROA stands at 1.03%, with ROE at 1.72% and ROIC at 1.65%. This represents a modest improvement from the previous quarter, but all three profitability ratios remain well below their recent historical peaks. From Q1'23 to Q3'25, the chart shows significant volatility in TSLA's operating returns. After reaching highs in Q4'23 (ROA at 7.44%, ROE at 12.66%, ROIC at 11.77%), all metrics experienced sharp declines in early 2024, followed by a gradual recovery through 2024 and into 2025. Despite the recent uptick, profitability ratios remain subdued compared to late 2023, indicating ongoing challenges in sustaining high returns on assets, equity, and invested capital over the observed period.