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Tesco stock: key metrics
TCO0.DETesco had an operating margin of 4.2% and a return on invested capital (ROIC) of 10.5% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2007 | 7.6% | 6.2% | 4.4% |
| 2008 | 7.7% | 4.9% | 4.5% |
| 2009 | 8.6% | 6.5% | 4.4% |
| 2010 | 8.1% | 5.5% | 4.1% |
| 2011 | 8.5% | 6.5% | 4.4% |
| 2012 | 8.2% | 6.3% | 4.4% |
| 2013 | 6.6% | 5.1% | 2.4% |
| 2014 | 6.3% | 5.1% | no data |
| 2015 | 3.6% | −6.0% | −11.0% |
| 2016 | 4.0% | 2.0% | no data |
| 2017 | 4.2% | 1.8% | no data |
| 2018 | 4.7% | 3.2% | no data |
| 2019 | 6.2% | 4.1% | 2.0% |
| 2020 | 7.6% | 3.8% | no data |
| 2021 | 6.7% | 2.7% | no data |
| 2022 | 7.7% | 4.2% | 2.4% |
| 2023 | 7.2% | 2.2% | 1.1% |
| 2024 | 6.8% | 4.1% | no data |
| 2025 | 7.2% | 3.9% | 2.3% |
| 2026 | 7.5% | 4.2% | 2.4% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2007 | 18.0% | 12.3% | 7.6% |
| 2008 | 18.0% | 10.2% | 7.0% |
| 2009 | 16.6% | 11.1% | 4.7% |
| 2010 | 15.9% | 9.6% | 5.1% |
| 2011 | 16.1% | 12.4% | 5.6% |
| 2012 | 15.8% | 12.6% | 5.5% |
| 2013 | 9.2% | 9.6% | 3.1% |
| 2014 | no data | 12.1% | no data |
| 2015 | −88.3% | −13.2% | −14.1% |
| 2016 | no data | 6.4% | no data |
| 2017 | no data | 3.5% | no data |
| 2018 | no data | 10.1% | no data |
| 2019 | 9.5% | 9.4% | 2.2% |
| 2020 | no data | 5.8% | no data |
| 2021 | no data | 5.2% | no data |
| 2022 | 9.5% | 7.6% | 3.0% |
| 2023 | 6.0% | 4.3% | 1.6% |
| 2024 | no data | 9.7% | no data |
| 2025 | 13.9% | 9.0% | 4.2% |
| 2026 | 15.6% | 10.5% | 4.5% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 28 Feb 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024, $1 = £0.7544)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 30 Nov 2023)
- Valuation signal Undervalued since 7 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.