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Ford Motor (F) Financials

Ford Motor logo
$11.72 +0.39 (+3.47%)
Closing price 08/22/2025 03:59 PM Eastern
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$11.72 +0.00 (+0.02%)
As of 08/22/2025 07:59 PM Eastern
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Annual Income Statements for Ford Motor

Annual Income Statements for Ford Motor

This table shows Ford Motor's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 1,231 7,373 4,589 7,731 3,677 47 -1,279 17,937 -1,981 4,347 5,879
Consolidated Net Income / (Loss)		 1,230 7,371 4,600 7,757 3,695 84 -1,276 17,910 -2,152 4,329 5,894
Net Income / (Loss) Continuing Operations		 1,230 7,371 4,600 7,757 3,695 84 -1,276 17,910 -2,152 4,329 5,894
Total Pre-Tax Income 		1,234 10,252 6,784 8,159 4,345 -640 -1,116 17,780 -3,016 3,967 7,233
Total Operating Income		 332 6,981 5,786 4,881 3,203 574 -4,408 4,523 6,276 5,458 5,219
Total Gross Profit		 12,174 17,744 25,605 25,455 24,069 21,207 14,392 21,690 23,660 25,641 26,558
Total Revenue		 144,077 149,558 151,800 156,776 160,338 155,900 127,144 136,341 158,057 176,191 184,992
Operating Revenue		 144,077 149,558 151,800 156,776 160,338 155,900 127,144 136,341 158,057 176,191 184,992
Total Cost of Revenue		 131,903 131,814 126,195 131,321 136,269 134,693 112,752 114,651 134,397 150,550 158,434
Operating Cost of Revenue		 131,903 131,814 126,195 131,321 136,269 134,693 112,752 114,651 134,397 150,550 158,434
Other Cost of Revenue		 - - - 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00
Total Operating Expenses		 11,842 10,763 19,819 20,574 20,866 20,633 18,800 17,167 17,384 20,183 21,339
Selling, General & Admin Expense		 11,842 10,763 10,972 20,574 20,866 20,633 18,800 17,167 17,384 20,183 21,339
Total Other Income / (Expense), net		 902 3,271 998 3,278 1,142 -1,214 3,292 13,257 -9,292 -1,491 2,014
Interest Expense		 797 773 951 1,190 57 1,020 1,649 1,803 1,259 1,302 1,115
Interest & Investment Income		 1,275 1,818 1,780 1,201 123 32 42 327 -2,883 414 678
Other Income / (Expense), net		 424 2,226 169 3,267 1,076 -226 4,899 14,733 -5,150 -603 2,451
Income Tax Expense		 4.00 2,881 2,184 402 650 -724 160 -130 -864 -362 1,339
Net Income / (Loss) Attributable to Noncontrolling Interest		 -1.00 -2.00 11 26 18 37 3.00 -27 -171 -18 15
Basic Earnings per Share		 $0.31 $1.86 $1.16 $1.94 $0.93 $0.01 ($0.32) $4.49 ($0.49) $1.09 $1.48
Weighted Average Basic Shares Outstanding		 3.96B 3.97B 3.97B 3.98B 3.97B 3.97B 3.97B 3.99B 4.01B 4.00B 3.98B
Diluted Earnings per Share		 $0.31 $1.84 $1.15 $1.93 $0.92 $0.01 ($0.32) $4.45 ($0.49) $1.08 $1.46
Weighted Average Diluted Shares Outstanding		 3.96B 3.97B 3.97B 4.00B 4.00B 4.00B 3.97B 4.03B 4.01B 4.04B 4.02B
Weighted Average Basic & Diluted Shares Outstanding		 3.96B 3.97B 3.97B 3.97B 3.98B 3.96B 3.98B 4.00B 3.99B 3.97B 3.96B
Cash Dividends to Common per Share		 $0.50 $0.60 $0.85 $0.65 $0.73 $0.60 $0.15 $0.10 $0.50 $1.25 $0.78

Quarterly Income Statements for Ford Motor

This table shows Ford Motor's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Net Income / (Loss) Attributable to Common Shareholders		 1,289 1,757 1,917 1,199 -526 1,332 1,831 892 1,824 471 -36
Consolidated Net Income / (Loss)		 1,259 1,663 2,016 1,173 -523 1,334 1,833 896 1,831 473 -29
Net Income / (Loss) Continuing Operations		 1,259 1,663 2,016 1,173 -523 1,334 1,833 896 1,831 473 -29
Total Pre-Tax Income 		1,166 2,159 2,288 1,387 -1,867 1,612 2,438 869 2,314 621 541
Total Operating Income		 1,561 2,113 2,461 1,129 -245 1,225 1,883 880 1,231 319 511
Total Gross Profit		 6,183 6,805 7,483 6,253 5,100 6,301 7,319 6,028 6,910 5,471 5,939
Total Revenue		 43,999 41,474 44,954 43,801 45,962 42,777 47,808 46,196 48,211 40,659 50,184
Operating Revenue		 43,999 41,474 44,954 43,801 45,962 42,777 47,808 46,196 48,211 40,659 50,184
Total Cost of Revenue		 37,816 34,669 37,471 37,548 40,862 36,476 40,489 40,168 41,301 35,188 44,245
Operating Cost of Revenue		 37,816 34,669 37,471 37,548 40,862 36,476 40,489 40,168 41,301 35,188 44,245
Other Cost of Revenue		 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00 0.00
Total Operating Expenses		 4,622 4,692 5,022 5,124 5,345 5,076 5,436 5,148 5,679 5,152 5,428
Selling, General & Admin Expense		 4,622 4,692 5,022 5,124 5,345 5,076 5,436 5,148 5,679 5,152 5,428
Total Other Income / (Expense), net		 -395 46 -173 258 -1,622 387 555 -11 1,083 302 30
Interest Expense		 318 308 304 324 366 278 270 272 295 288 297
Interest & Investment Income		 -282 130 -124 263 145 167 197 147 167 94 -250
Other Income / (Expense), net		 205 224 255 319 -1,401 498 628 114 1,211 496 577
Income Tax Expense		 -93 496 272 214 -1,344 278 605 -27 483 148 570
Net Income / (Loss) Attributable to Noncontrolling Interest		 -30 -94 99 -26 3.00 2.00 2.00 4.00 7.00 2.00 7.00
Basic Earnings per Share		 $0.33 $0.44 $0.48 $0.30 ($0.13) $0.33 $0.46 $0.22 $0.47 $0.12 ($0.01)
Weighted Average Basic Shares Outstanding		 4.01B 3.99B 4.00B 4.00B 4.00B 3.98B 3.99B 3.98B 3.98B 3.97B 3.98B
Diluted Earnings per Share		 $0.34 $0.44 $0.47 $0.30 ($0.13) $0.33 $0.46 $0.22 $0.45 $0.12 ($0.01)
Weighted Average Diluted Shares Outstanding		 4.01B 4.03B 4.04B 4.05B 4.04B 4.02B 4.02B 4.02B 4.02B 4.01B 3.98B
Weighted Average Basic & Diluted Shares Outstanding		 3.99B 4.00B 4.00B 4.00B 3.97B 3.99B 3.98B 3.97B 3.96B 3.98B 3.98B
Cash Dividends to Common per Share		 - $0.80 $0.15 $0.15 - $0.33 $0.15 $0.15 - $0.30 $0.15

Annual Cash Flow Statements for Ford Motor

This table details how cash moves in and out of Ford Motor's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 -3,711 3,515 1,683 2,619 -1,731 834 8,194 -5,198 4,603 -230 -1,920
Net Cash From Operating Activities		 14,507 16,226 19,850 18,096 15,022 17,639 24,269 15,787 6,853 14,918 15,423
Net Cash From Continuing Operating Activities		 14,507 16,226 19,850 18,096 15,022 17,723 24,269 15,787 6,853 14,918 15,423
Net Income / (Loss) Continuing Operations		 1,230 7,371 4,600 7,757 3,695 84 -1,276 17,910 -2,152 4,329 5,894
Consolidated Net Income / (Loss)		 1,230 7,371 4,600 7,757 3,695 84 -1,276 17,910 -2,152 4,329 5,894
Depreciation Expense		 7,423 7,966 9,023 9,241 9,385 9,689 8,751 7,318 7,642 7,690 7,567
Amortization Expense		 - - -306 -669 -972 -1,199 -1,294 -1,358 -1,149 -1,167 -1,700
Non-Cash Adjustments To Reconcile Net Income		 4,051 -4,271 2,123 131 1,805 4,315 -713 -12,035 10,819 3,888 1,217
Changes in Operating Assets and Liabilities, net		 1,803 5,160 4,410 1,636 1,109 4,834 18,801 3,952 -8,307 178 2,445
Net Cash From Investing Activities		 -21,124 -26,162 -25,302 -19,360 -16,261 -13,721 -18,615 2,745 -4,347 -17,628 -24,370
Net Cash From Continuing Investing Activities		 -21,124 -26,162 -25,302 -19,360 -16,261 -13,721 -18,615 2,745 -4,347 -17,628 -24,370
Purchase of Property, Plant & Equipment		 -7,463 -7,196 -6,992 -7,049 -7,785 -7,632 -5,742 -6,227 -6,866 -8,236 -8,684
Acquisitions		 - - - - - - -4.00 -57 -738 -2,733 -2,323
Purchase of Investments		 -100,086 -98,362 -86,610 -86,921 -80,064 -73,162 -95,848 -75,870 -62,897 -63,233 -72,288
Divestitures		 - - - - 0.00 0.00 1,340 145 449 0.00 0.00
Sale and/or Maturity of Investments		 50,264 40,766 29,354 29,998 20,885 16,929 32,395 32,957 19,117 12,701 13,811
Other Investing Activities, net		 36,161 38,630 38,946 44,612 50,703 50,144 49,244 51,797 46,588 43,873 45,114
Net Cash From Financing Activities		 3,423 14,266 7,400 3,394 -122 -3,129 2,315 -23,498 2,511 2,584 7,485
Net Cash From Continuing Financing Activities		 3,423 14,266 7,400 3,394 -122 -3,129 2,315 -23,498 2,511 2,584 7,485
Repayment of Debt		 -28,834 -33,731 -38,904 -40,921 -47,183 -46,723 -60,698 -50,996 -45,926 -42,206 -46,007
Repurchase of Common Equity		 -1,964 -129 -145 -131 -164 -237 0.00 0.00 -484 -335 -426
Payment of Dividends		 -1,952 -2,380 -3,376 -2,584 -2,905 -2,389 -596 -403 -2,009 -4,995 -3,118
Issuance of Debt		 36,173 50,506 49,825 47,030 50,130 46,220 63,609 27,901 50,930 50,120 57,036
Other Net Changes in Cash		 - - - - - - 225 - -414 -104 -458

Quarterly Cash Flow Statements for Ford Motor

This table details how cash moves in and out of Ford Motor's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Net Change in Cash & Equivalents		 3,619 -2,981 4,264 11 -1,524 -5,124 240 3,500 -536 -2,113 2,173
Net Cash From Operating Activities		 1,178 2,800 5,035 4,591 2,492 1,385 5,508 5,502 3,028 3,679 6,317
Net Cash From Continuing Operating Activities		 1,178 2,800 5,035 4,591 2,492 1,385 5,508 5,502 3,028 3,679 6,317
Net Income / (Loss) Continuing Operations		 1,259 1,663 2,016 1,173 -523 1,334 1,833 896 1,831 473 -29
Consolidated Net Income / (Loss)		 1,259 1,663 2,016 1,173 -523 1,334 1,833 896 1,831 473 -29
Depreciation Expense		 1,973 1,897 1,878 1,903 2,012 1,881 1,914 1,841 1,931 1,848 1,899
Amortization Expense		 -273 -272 -282 -299 -314 -376 -396 -447 -481 -464 -465
Non-Cash Adjustments To Reconcile Net Income		 648 436 834 472 2,146 281 569 781 -414 368 697
Changes in Operating Assets and Liabilities, net		 -2,429 -924 589 1,342 -829 -1,735 1,588 2,431 161 1,454 4,215
Net Cash From Investing Activities		 -4,972 -1,977 -4,180 -4,062 -7,409 -5,880 -6,041 -5,588 -6,861 210 -3,221
Net Cash From Continuing Investing Activities		 -4,972 -1,977 -4,180 -4,062 -7,409 -5,880 -6,041 -5,588 -6,861 210 -3,221
Purchase of Property, Plant & Equipment		 -2,065 -1,780 -1,949 -2,212 -2,295 -2,094 -2,100 -1,992 -2,498 -1,818 -2,088
Acquisitions		 -389 -699 -348 -568 -1,118 -639 -660 -901 -123 -3.00 -135
Purchase of Investments		 -15,794 -15,129 -15,994 -15,145 -16,965 -17,998 -17,850 -17,769 -18,671 -14,224 -14,758
Sale and/or Maturity of Investments		 2,676 4,413 3,171 2,800 2,317 3,579 3,233 3,799 3,200 5,317 1,976
Other Investing Activities, net		 10,586 11,218 10,940 11,063 10,652 11,272 11,336 11,275 11,231 10,938 11,784
Net Cash From Financing Activities		 7,055 -3,874 3,413 -338 3,383 -458 842 3,311 3,790 -6,120 -1,288
Net Cash From Continuing Financing Activities		 7,055 -3,874 3,413 -338 3,383 -458 842 3,311 3,790 -6,120 -1,288
Repayment of Debt		 -9,937 -14,593 -7,817 -9,635 -10,161 -14,419 -10,980 -10,454 -10,154 -16,339 -8,635
Payment of Dividends		 -599 -3,193 -601 -600 -601 -1,326 -599 -597 -596 -1,196 -597
Issuance of Debt		 18,075 13,912 11,831 9,897 14,480 15,287 12,665 14,394 14,690 11,415 7,944
Other Net Changes in Cash		 - 70 -4.00 -180 10 -171 -69 275 -493 118 365

Annual Balance Sheets for Ford Motor

This table presents Ford Motor's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 208,615 224,925 237,951 258,496 256,540 258,537 267,261 257,035 255,884 273,310 285,196
Total Current Assets		 155,056 102,587 108,461 116,801 114,649 114,047 116,744 108,996 116,476 121,481 124,474
Cash & Equivalents		 10,757 14,272 15,905 18,492 16,718 17,504 25,243 20,540 25,134 24,862 22,935
Short-Term Investments		 20,393 20,904 22,922 20,435 17,233 17,147 24,718 29,053 18,936 15,309 15,413
Note & Lease Receivable		 104,328 45,137 46,266 52,210 54,353 53,651 42,401 32,543 38,720 46,425 51,850
Accounts Receivable		 11,708 11,042 11,102 10,599 11,195 9,237 9,993 11,370 15,729 15,601 14,723
Inventories, net		 7,870 8,319 8,898 11,176 11,220 10,786 10,808 12,065 14,080 15,651 14,951
Other Current Assets		 - 2,913 3,368 3,889 3,930 5,722 3,581 3,416 3,877 3,633 4,602
Plant, Property, & Equipment, net		 30,126 30,163 32,072 35,327 65,297 65,699 37,083 37,139 37,265 40,821 41,928
Total Noncurrent Assets		 23,433 92,175 97,443 106,368 76,594 78,791 113,434 110,900 102,143 111,008 118,794
Long-Term Investments		 3,357 3,224 3,304 3,085 2,709 2,519 4,901 4,545 2,798 5,548 6,821
Noncurrent Note & Lease Receivables		 - 45,554 49,924 56,182 55,544 53,703 83,228 77,617 49,903 55,650 82,733
Noncurrent Deferred & Refundable Income Taxes		 14,024 11,509 9,705 10,762 10,412 11,863 12,423 13,796 15,552 16,985 16,375
Other Noncurrent Operating Assets		 6,052 31,888 34,510 36,339 7,929 10,706 12,882 14,942 33,890 32,825 12,865
Total Liabilities & Shareholders' Equity		 208,615 224,925 237,951 258,496 256,540 258,537 267,261 257,035 255,884 273,310 285,196
Total Liabilities		 183,808 196,174 208,668 222,792 220,474 225,307 236,450 208,413 212,717 230,512 240,338
Total Current Liabilities		 20,035 82,336 90,281 94,600 95,569 98,132 97,192 90,727 96,866 101,531 106,859
Short-Term Debt		 - 42,975 49,669 51,621 53,493 53,946 51,343 49,692 50,164 49,669 54,949
Accounts Payable		 20,035 20,272 21,296 23,282 21,520 21,199 22,204 22,349 25,605 25,992 24,128
Other Current Liabilities		 - 19,089 19,316 19,697 20,556 22,987 23,645 18,686 21,097 25,870 27,782
Total Noncurrent Liabilities		 163,773 113,838 118,387 128,192 124,905 127,175 139,258 117,686 115,851 128,981 133,479
Long-Term Debt		 119,171 89,879 93,301 102,666 100,720 101,361 110,341 88,400 88,805 99,562 103,573
Noncurrent Deferred & Payable Income Tax Liabilities		 570 502 691 815 597 490 538 1,581 1,549 1,005 1,074
Other Noncurrent Operating Liabilities		 - 23,457 24,395 24,711 23,588 25,324 28,379 27,705 25,497 28,414 28,832
Total Equity & Noncontrolling Interests		 24,465 28,657 29,187 35,606 35,966 33,230 30,811 48,622 43,167 42,798 44,858
Total Preferred & Common Equity		 24,438 28,642 29,170 35,578 35,932 33,185 30,690 48,519 43,242 42,773 44,835
Total Common Equity		 24,438 28,601 29,170 35,537 35,932 33,185 30,649 48,519 43,242 42,773 44,835
Common Stock		 21,089 21,421 21,671 21,843 22,047 22,206 22,290 22,652 22,874 23,170 23,544
Retained Earnings		 9,422 14,414 15,634 21,906 22,668 20,320 18,243 35,769 31,754 31,029 33,740
Treasury Stock		 -848 -977 -1,122 -1,253 -1,417 -1,613 -1,590 -1,563 -2,047 -2,384 -2,810
Accumulated Other Comprehensive Income / (Loss)		 -5,265 -6,257 -7,013 -6,959 -7,366 -7,728 -8,294 -8,339 -9,339 -9,042 -9,639
Noncontrolling Interest		 27 15 17 28 34 45 121 103 -75 25 23

Quarterly Balance Sheets for Ford Motor

This table presents Ford Motor's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Total Assets		 255,884 256,800 265,991 268,073 273,310 274,341 276,586 287,047 285,196 284,539 292,725
Total Current Assets		 116,476 115,123 121,712 121,361 121,481 120,595 120,518 125,099 124,474 123,054 126,612
Cash & Equivalents		 25,134 22,144 26,406 26,427 24,862 19,721 19,953 23,449 22,935 20,864 23,020
Short-Term Investments		 18,936 17,369 16,415 14,688 15,309 14,742 14,613 13,456 15,413 14,362 14,484
Note & Lease Receivable		 38,720 40,350 42,557 42,572 46,425 44,600 47,434 49,340 51,850 47,997 47,593
Accounts Receivable		 15,729 14,920 14,482 15,129 15,601 18,698 16,802 16,469 14,723 17,225 19,709
Inventories, net		 14,080 16,212 17,703 18,326 15,651 18,632 17,183 18,025 14,951 17,895 17,270
Other Current Assets		 3,877 4,128 4,149 4,219 3,633 4,202 4,533 4,360 4,602 4,711 4,536
Plant, Property, & Equipment, net		 37,265 37,970 38,503 39,370 40,821 40,515 40,709 41,169 41,928 42,471 43,877
Total Noncurrent Assets		 102,143 103,707 105,776 107,342 111,008 113,231 115,359 120,779 118,794 119,014 122,236
Long-Term Investments		 2,798 3,448 3,578 4,403 5,548 6,336 7,215 8,029 6,821 5,168 5,038
Noncurrent Note & Lease Receivables		 49,903 73,092 74,229 74,849 55,650 78,103 79,704 82,278 82,733 82,869 85,203
Noncurrent Deferred & Refundable Income Taxes		 15,552 15,572 15,860 15,662 16,985 16,726 16,468 17,216 16,375 17,022 17,320
Other Noncurrent Operating Assets		 33,890 11,595 12,109 12,428 32,825 12,066 11,972 13,256 12,865 13,955 14,675
Total Liabilities & Shareholders' Equity		 255,884 256,800 265,991 268,073 273,310 274,341 276,586 287,047 285,196 284,539 292,725
Total Liabilities		 212,717 214,603 222,385 223,797 230,512 231,444 232,991 242,708 240,338 239,879 247,644
Total Current Liabilities		 96,866 95,905 101,015 100,268 101,531 103,206 103,403 109,036 106,859 108,732 114,988
Short-Term Debt		 50,164 48,050 49,341 48,638 49,669 49,790 50,565 53,564 54,949 54,440 56,872
Accounts Payable		 25,605 26,028 27,749 27,813 25,992 27,384 25,458 27,424 24,128 26,259 27,756
Other Current Liabilities		 21,097 21,827 23,925 23,817 25,870 26,032 27,380 28,048 27,782 28,033 30,360
Total Noncurrent Liabilities		 115,851 118,698 121,370 123,529 128,981 128,238 129,588 133,672 133,479 131,147 132,656
Long-Term Debt		 88,805 91,242 93,895 94,024 99,562 99,625 100,336 103,694 103,573 100,830 100,855
Noncurrent Deferred & Payable Income Tax Liabilities		 1,549 1,548 1,721 1,654 1,005 889 963 1,001 1,074 1,434 1,559
Other Noncurrent Operating Liabilities		 25,497 25,908 25,754 27,851 28,414 27,724 28,289 28,977 28,832 28,883 30,242
Total Equity & Noncontrolling Interests		 43,167 42,197 43,606 44,276 42,798 42,897 43,595 44,339 44,858 44,660 45,081
Total Preferred & Common Equity		 43,242 42,366 43,677 44,263 42,773 42,870 43,567 44,315 44,835 44,635 45,057
Total Common Equity		 43,242 42,366 43,677 44,263 42,773 42,870 43,567 44,315 44,835 44,635 45,057
Common Stock		 22,874 22,931 23,071 23,074 23,170 23,167 23,312 23,439 23,544 23,604 23,757
Retained Earnings		 31,754 30,270 31,577 32,169 31,029 31,019 32,240 32,525 33,740 32,999 32,352
Treasury Stock		 -2,047 -2,047 -2,047 -2,047 -2,384 -2,384 -2,628 -2,660 -2,810 -2,810 -2,810
Accumulated Other Comprehensive Income / (Loss)		 -9,339 -8,788 -8,924 -8,933 -9,042 -8,932 -9,357 -8,989 -9,639 -9,158 -8,242
Noncontrolling Interest		 -75 -169 -71 13 25 27 28 24 23 25 24

Annual Metrics And Ratios for Ford Motor

This table displays calculated financial ratios and metrics derived from Ford Motor's official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -1.93% 3.80% 1.50% 3.28% 2.27% -2.77% -18.45% 7.23% 15.93% 11.47% 5.00%
EBITDA Growth		 -63.74% 109.96% -14.56% 13.96% -24.09% -30.37% -10.07% 217.26% -69.79% 49.34% 18.98%
EBIT Growth		 -95.28% 1,117.86% -35.32% 36.83% -47.48% -91.87% 41.09% 3,821.79% -94.15% 331.17% 57.98%
NOPAT Growth		 -97.46% 1,416.73% -21.83% 18.28% -41.30% -85.25% -867.94% 247.66% -3.57% 35.57% -28.60%
Net Income Growth		 -89.70% 499.27% -37.59% 68.63% -52.37% -97.73% -1,619.05% 1,503.61% -112.02% 301.16% 36.15%
EPS Growth		 -89.46% 493.55% -37.50% 67.83% -52.33% -98.91% -3,300.00% 1,490.63% -111.01% 320.41% 35.19%
Operating Cash Flow Growth		 38.90% 11.85% 22.33% -8.84% -16.99% 17.42% 37.59% -34.95% -56.59% 117.69% 3.39%
Free Cash Flow Firm Growth		 -268.36% 83.10% 65.36% -336.99% 77.89% 191.00% 301.25% -9.64% -82.41% -400.55% -50.38%
Invested Capital Growth		 90.19% 12.55% 5.63% 13.70% 3.81% -1.47% -9.07% -3.68% 2.04% 8.16% 8.13%
Revenue Q/Q Growth		 -1.17% 3.02% -1.04% 1.73% -33.40% 102.21% -2.87% 1.28% 4.17% 1.13% 1.23%
EBITDA Q/Q Growth		 -41.98% 371.14% 81.11% 256.43% 117.37% -90.24% -16.89% 141.30% -55.85% -23.08% 39.60%
EBIT Q/Q Growth		 -94.64% 152.59% -26.49% 73.69% 105.85% -99.58% -72.10% 349.80% -89.72% -41.27% 114.13%
NOPAT Q/Q Growth		 -97.21% 212.42% 15.54% 13.77% 103.56% -99.29% -309.27% 228.29% -36.05% -6.08% -2.04%
Net Income Q/Q Growth		 -88.78% 104.75% -36.57% 74.51% -41.64% -94.89% -712.74% 529.30% -124.28% -29.16% 66.50%
EPS Q/Q Growth		 -88.52% 100.00% -36.11% 73.87% -41.77% -97.56% -540.00% 535.71% -122.07% -30.32% 65.91%
Operating Cash Flow Q/Q Growth		 38.90% 11.85% 22.33% -48.00% -10.65% 9.59% 7.24% -6.00% -25.56% 9.66% 3.60%
Free Cash Flow Firm Q/Q Growth		 -1,135.60% -76.72% -136.14% -115.82% 96.63% -95.40% -9.27% -12.30% -82.19% 32.09% 29.84%
Invested Capital Q/Q Growth		 -15.32% -9.28% -0.54% 4.91% 1.73% 0.87% -1.55% 1.80% 6.02% 3.46% 0.99%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 8.45% 11.86% 16.87% 16.24% 15.01% 13.60% 11.32% 15.91% 14.97% 14.55% 14.36%
EBITDA Margin		 5.68% 11.48% 9.67% 10.66% 7.92% 5.67% 6.25% 18.49% 4.82% 6.46% 7.32%
Operating Margin		 0.23% 4.67% 3.81% 3.11% 2.00% 0.37% -3.47% 3.32% 3.97% 3.10% 2.82%
EBIT Margin		 0.52% 6.16% 3.92% 5.20% 2.67% 0.22% 0.39% 14.12% 0.71% 2.76% 4.15%
Profit (Net Income) Margin		 0.85% 4.93% 3.03% 4.95% 2.30% 0.05% -1.00% 13.14% -1.36% 2.46% 3.19%
Tax Burden Percent		 99.68% 71.90% 67.81% 95.07% 85.04% -13.13% 114.34% 100.73% 71.35% 109.13% 81.49%
Interest Burden Percent		 163.23% 111.35% 113.92% 100.14% 101.54% -183.91% -227.29% 92.33% -267.85% 81.71% 94.30%
Effective Tax Rate		 0.32% 28.10% 32.19% 4.93% 14.96% 0.00% 0.00% -0.73% 0.00% -9.13% 18.51%
Return on Invested Capital (ROIC)		 0.40% 4.31% 3.10% 3.34% 1.81% 0.26% -2.14% 3.37% 3.28% 4.23% 2.79%
ROIC Less NNEP Spread (ROIC-NNEP)		 1.95% 6.94% 3.79% 6.26% 2.65% -0.01% -0.53% 17.37% -4.16% 2.57% 4.31%
Return on Net Nonoperating Assets (RNNOA)		 4.40% 23.21% 12.76% 20.54% 8.49% -0.02% -1.85% 41.72% -7.97% 5.84% 10.65%
Return on Equity (ROE)		 4.80% 27.53% 15.85% 23.87% 10.30% 0.24% -3.98% 45.09% -4.69% 10.07% 13.45%
Cash Return on Invested Capital (CROIC)		 -61.76% -7.49% -2.38% -9.49% -1.93% 1.74% 7.37% 7.12% 1.26% -3.61% -5.02%
Operating Return on Assets (OROA)		 0.35% 4.25% 2.57% 3.28% 1.66% 0.14% 0.19% 7.35% 0.44% 1.83% 2.75%
Return on Assets (ROA)		 0.57% 3.40% 1.99% 3.13% 1.43% 0.03% -0.49% 6.83% -0.84% 1.64% 2.11%
Return on Common Equity (ROCE)		 4.73% 27.26% 15.78% 23.77% 10.25% 0.24% -3.97% 44.94% -4.69% 10.08% 13.44%
Return on Equity Simple (ROE_SIMPLE)		 5.03% 25.73% 15.77% 21.80% 10.28% 0.25% -4.16% 36.91% -4.98% 10.12% 13.15%
Net Operating Profit after Tax (NOPAT)		 331 5,019 3,923 4,641 2,724 402 -3,086 4,556 4,393 5,956 4,253
NOPAT Margin		 0.23% 3.36% 2.58% 2.96% 1.70% 0.26% -2.43% 3.34% 2.78% 3.38% 2.30%
Net Nonoperating Expense Percent (NNEP)		 -1.55% -2.63% -0.69% -2.92% -0.85% 0.27% -1.61% -14.00% 7.44% 1.66% -1.51%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - 2.41% 3.10% 2.09%
Cost of Revenue to Revenue		 91.55% 88.14% 83.13% 83.76% 84.99% 86.40% 88.68% 84.09% 85.03% 85.45% 85.64%
SG&A Expenses to Revenue		 8.22% 7.20% 7.23% 13.12% 13.01% 13.23% 14.79% 12.59% 11.00% 11.46% 11.54%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 8.22% 7.20% 13.06% 13.12% 13.01% 13.23% 14.79% 12.59% 11.00% 11.46% 11.54%
Earnings before Interest and Taxes (EBIT)		 756 9,207 5,955 8,148 4,279 348 491 19,256 1,126 4,855 7,670
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 8,179 17,173 14,672 16,720 12,692 8,838 7,948 25,216 7,619 11,378 13,537
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.56 1.30 1.17 1.05 0.68 0.95 1.00 1.50 0.92 1.07 0.88
Price to Tangible Book Value (P/TBV)		 1.56 1.30 1.17 1.05 0.68 0.95 1.00 1.50 0.92 1.07 0.88
Price to Revenue (P/Rev)		 0.26 0.25 0.23 0.24 0.15 0.20 0.24 0.53 0.25 0.26 0.21
Price to Earnings (P/E)		 30.95 5.04 7.47 4.82 6.66 673.08 0.00 4.06 0.00 10.49 6.69
Dividend Yield		 5.05% 6.41% 8.12% 5.33% 9.42% 7.52% 7.82% 0.55% 5.08% 6.58% 6.36%
Earnings Yield		 3.23% 19.84% 13.39% 20.76% 15.02% 0.15% 0.00% 24.64% 0.00% 9.53% 14.94%
Enterprise Value to Invested Capital (EV/IC)		 1.12 1.07 1.04 1.01 0.93 0.99 1.00 1.18 0.97 1.02 0.97
Enterprise Value to Revenue (EV/Rev)		 0.85 0.88 0.89 0.95 0.89 0.96 1.08 1.15 0.83 0.85 0.83
Enterprise Value to EBITDA (EV/EBITDA)		 15.06 7.67 9.22 8.95 11.20 16.95 17.29 6.22 17.27 13.11 11.28
Enterprise Value to EBIT (EV/EBIT)		 162.88 14.31 22.71 18.37 33.22 430.51 279.95 8.15 116.88 30.72 19.91
Enterprise Value to NOPAT (EV/NOPAT)		 372.10 26.25 34.47 32.25 52.19 372.86 0.00 34.42 29.96 25.04 35.91
Enterprise Value to Operating Cash Flow (EV/OCF)		 8.49 8.12 6.81 8.27 9.46 8.49 5.66 9.93 19.20 10.00 9.90
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 56.45 12.91 16.30 77.77 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 4.80 4.62 4.88 4.32 4.28 4.67 5.25 2.84 3.22 3.49 3.53
Long-Term Debt to Equity		 4.80 3.13 3.19 2.88 2.79 3.05 3.58 1.82 2.06 2.33 2.31
Financial Leverage		 2.26 3.34 3.37 3.28 3.20 3.40 3.51 2.40 1.92 2.28 2.47
Leverage Ratio		 8.36 8.09 7.98 7.64 7.18 7.43 8.21 6.60 5.59 6.16 6.37
Compound Leverage Factor		 13.64 9.01 9.09 7.65 7.29 -13.67 -18.66 6.09 -14.97 5.03 6.01
Debt to Total Capital		 82.77% 82.21% 83.00% 81.21% 81.05% 82.37% 83.99% 73.96% 76.30% 77.71% 77.94%
Short-Term Debt to Total Capital		 0.00% 26.59% 28.83% 27.17% 28.11% 28.61% 26.67% 26.61% 27.54% 25.87% 27.02%
Long-Term Debt to Total Capital		 82.77% 55.62% 54.17% 54.04% 52.93% 53.76% 57.32% 47.35% 48.76% 51.85% 50.93%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.26% 0.07% 0.07% 0.07% 0.07% 0.02% 0.06% 0.06% -0.04% 0.01% 0.01%
Common Equity to Total Capital		 16.97% 17.70% 16.93% 18.70% 18.88% 17.60% 15.92% 25.99% 23.74% 22.27% 22.04%
Debt to EBITDA		 14.57 7.74 9.74 9.23 12.15 17.57 20.34 5.48 18.24 13.12 11.71
Net Debt to EBITDA		 10.35 5.50 6.87 6.72 9.26 13.37 13.44 3.33 12.09 9.10 8.37
Long-Term Debt to EBITDA		 14.57 5.23 6.36 6.14 7.94 11.47 13.88 3.51 11.66 8.75 7.65
Debt to NOPAT		 360.12 26.47 36.44 33.25 56.62 386.53 -52.40 30.31 31.63 25.06 37.27
Net Debt to NOPAT		 255.84 18.82 25.70 24.19 43.16 294.02 -34.62 18.43 20.96 17.38 26.65
Long-Term Debt to NOPAT		 360.12 17.91 23.78 22.12 36.98 252.27 -35.76 19.40 20.21 16.72 24.35
Altman Z-Score		 1.67 1.11 1.00 1.03 0.96 0.88 0.74 1.27 1.01 1.07 1.08
Noncontrolling Interest Sharing Ratio		 1.43% 0.97% 0.45% 0.43% 0.42% 0.26% 0.32% 0.33% 0.03% -0.06% 0.05%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 7.74 1.25 1.20 1.23 1.20 1.16 1.20 1.20 1.20 1.20 1.16
Quick Ratio		 7.35 1.11 1.07 1.08 1.04 0.99 1.05 1.03 1.02 1.01 0.98
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -51,581 -8,715 -3,019 -13,191 -2,916 2,654 10,648 9,622 1,692 -5,086 -7,648
Operating Cash Flow to CapEx		 194.39% 225.49% 283.90% 256.72% 192.96% 231.12% 422.66% 253.53% 99.81% 181.13% 177.60%
Free Cash Flow to Firm to Interest Expense		 -64.72 -11.27 -3.17 -11.09 -51.16 2.60 6.46 5.34 1.34 -3.91 -6.86
Operating Cash Flow to Interest Expense		 18.20 20.99 20.87 15.21 263.54 17.29 14.72 8.76 5.44 11.46 13.83
Operating Cash Flow Less CapEx to Interest Expense		 8.84 11.68 13.52 9.28 126.96 9.81 11.24 5.30 -0.01 5.13 6.04
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.67 0.69 0.66 0.63 0.62 0.61 0.48 0.52 0.62 0.67 0.66
Accounts Receivable Turnover		 0.00 13.15 13.71 14.45 14.71 15.26 13.22 12.76 11.67 11.25 12.20
Inventory Turnover		 16.93 16.28 14.66 13.08 12.17 12.24 10.44 10.03 10.28 10.13 10.35
Fixed Asset Turnover		 4.99 4.96 4.88 4.65 3.19 2.38 2.47 3.67 4.25 4.51 4.47
Accounts Payable Turnover		 6.77 6.54 6.07 5.89 6.08 6.31 5.20 5.15 5.61 5.84 6.32
Days Sales Outstanding (DSO)		 0.00 27.76 26.62 25.26 24.81 23.92 27.60 28.60 31.29 32.45 29.92
Days Inventory Outstanding (DIO)		 21.55 22.41 24.90 27.90 29.99 29.82 34.95 36.41 35.50 36.04 35.25
Days Payable Outstanding (DPO)		 53.93 55.81 60.11 61.95 60.00 57.88 70.25 70.92 65.12 62.55 57.73
Cash Conversion Cycle (CCC)		 -32.37 -5.63 -8.59 -8.79 -5.20 -4.15 -7.70 -5.91 1.68 5.95 7.43
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 109,471 123,205 130,147 147,979 153,619 151,367 137,633 132,567 135,268 146,310 158,211
Invested Capital Turnover		 1.73 1.29 1.20 1.13 1.06 1.02 0.88 1.01 1.18 1.25 1.22
Increase / (Decrease) in Invested Capital		 51,912 13,734 6,942 17,832 5,640 -2,252 -13,734 -5,066 2,701 11,042 11,901
Enterprise Value (EV)		 123,138 131,733 135,218 149,644 142,169 149,817 137,455 156,842 131,603 149,149 152,721
Market Capitalization		 38,105 37,170 34,266 37,243 24,482 31,635 30,512 72,785 39,577 45,612 39,345
Book Value per Share		 $6.35 $7.21 $7.34 $8.95 $9.03 $8.37 $7.70 $12.14 $10.76 $10.69 $11.28
Tangible Book Value per Share		 $6.35 $7.21 $7.34 $8.95 $9.03 $8.37 $7.70 $12.14 $10.76 $10.69 $11.28
Total Capital		 143,978 161,605 172,253 189,991 190,279 188,537 192,495 186,714 182,136 192,029 203,380
Total Debt		 119,171 132,854 142,970 154,287 154,213 155,307 161,684 138,092 138,969 149,231 158,522
Total Long-Term Debt		 119,171 89,879 93,301 102,666 100,720 101,361 110,341 88,400 88,805 99,562 103,573
Net Debt		 84,664 94,454 100,839 112,275 117,553 118,137 106,822 83,954 92,101 103,512 113,353
Capital Expenditures (CapEx)		 7,463 7,196 6,992 7,049 7,785 7,632 5,742 6,227 6,866 8,236 8,684
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 103,871 28,050 29,022 34,895 38,622 35,210 20,934 18,368 25,704 29,448 34,216
Debt-free Net Working Capital (DFNWC)		 135,021 63,226 67,849 73,822 72,573 69,861 70,895 67,961 69,774 69,619 72,564
Net Working Capital (NWC)		 135,021 20,251 18,180 22,201 19,080 15,915 19,552 18,269 19,610 19,950 17,615
Net Nonoperating Expense (NNE)		 -899 -2,352 -677 -3,116 -971 318 -1,810 -13,354 6,545 1,627 -1,641
Net Nonoperating Obligations (NNO)		 84,664 94,454 100,864 112,275 117,553 118,137 106,822 83,945 92,101 103,512 113,353
Total Depreciation and Amortization (D&A)		 7,423 7,966 8,717 8,572 8,413 8,490 7,457 5,960 6,493 6,523 5,867
Debt-free, Cash-free Net Working Capital to Revenue		 72.09% 18.76% 19.12% 22.26% 24.09% 22.59% 16.46% 13.47% 16.26% 16.71% 18.50%
Debt-free Net Working Capital to Revenue		 93.71% 42.28% 44.70% 47.09% 45.26% 44.81% 55.76% 49.85% 44.14% 39.51% 39.23%
Net Working Capital to Revenue		 93.71% 13.54% 11.98% 14.16% 11.90% 10.21% 15.38% 13.40% 12.41% 11.32% 9.52%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.81 $1.86 $1.16 $1.91 $0.93 $0.01 ($0.32) $4.49 ($0.49) $1.09 $1.48
Adjusted Weighted Average Basic Shares Outstanding		 3.96B 3.97B 3.97B 3.97B 3.98B 3.97B 3.97B 3.99B 4.01B 4.00B 3.98B
Adjusted Diluted Earnings per Share		 $0.80 $1.84 $1.15 $1.90 $0.92 $0.01 ($0.32) $4.45 ($0.49) $1.08 $1.46
Adjusted Weighted Average Diluted Shares Outstanding		 3.96B 3.97B 3.97B 3.97B 3.98B 4.00B 3.97B 4.03B 4.01B 4.04B 4.02B
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 3.96B 3.97B 3.97B 3.97B 3.98B 3.96B 3.98B 4.00B 3.99B 3.97B 3.96B
Normalized Net Operating Profit after Tax (NOPAT)		 331 5,019 3,923 4,641 2,724 402 -3,086 3,166 4,393 3,821 4,253
Normalized NOPAT Margin		 0.23% 3.36% 2.58% 2.96% 1.70% 0.26% -2.43% 2.32% 2.78% 2.17% 2.30%
Pre Tax Income Margin		 0.86% 6.85% 4.47% 5.20% 2.71% -0.41% -0.88% 13.04% -1.91% 2.25% 3.91%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.95 11.91 6.26 6.85 75.07 0.34 0.30 10.68 0.89 3.73 6.88
NOPAT to Interest Expense		 0.42 6.49 4.13 3.90 47.79 0.39 -1.87 2.53 3.49 4.57 3.81
EBIT Less CapEx to Interest Expense		 -8.42 2.60 -1.09 0.92 -61.51 -7.14 -3.18 7.23 -4.56 -2.60 -0.91
NOPAT Less CapEx to Interest Expense		 -8.95 -2.82 -3.23 -2.02 -88.79 -7.09 -5.35 -0.93 -1.96 -1.75 -3.97
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 158.70% 32.29% 73.39% 33.31% 78.62% 2,844.05% -46.71% 2.25% -93.36% 115.38% 52.90%
Augmented Payout Ratio		 318.37% 34.04% 76.54% 35.00% 83.06% 3,126.19% -46.71% 2.25% -115.85% 123.12% 60.13%

Quarterly Metrics And Ratios for Ford Motor

This table displays calculated financial ratios and metrics derived from Ford Motor's official financial filings.

Metric Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025
Period end date 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 16.78% 20.30% 11.85% 11.19% 4.46% 3.14% 6.35% 5.47% 4.89% -4.95% 4.97%
EBITDA Growth		 -73.55% 302.14% 61.86% -11.51% -98.50% -18.53% -6.56% -21.76% 7,384.62% -31.88% -37.40%
EBIT Growth		 -84.76% 166.64% 159.90% -20.53% -193.21% -26.27% -7.55% -31.35% 248.36% -52.70% -56.67%
NOPAT Growth		 108.47% 73.13% -6.26% 170.64% -110.18% -37.71% -34.71% -4.97% 667.96% -76.03% -101.93%
Net Income Growth		 -89.74% 153.32% 215.99% 226.13% -141.54% -19.78% -9.08% -23.61% 450.10% -64.54% -101.58%
EPS Growth		 -88.85% 156.41% 193.75% 242.86% -138.24% -25.00% -2.13% -26.67% 446.15% -63.64% -102.17%
Operating Cash Flow Growth		 -66.64% 358.30% 70.85% 20.44% 111.55% -50.54% 9.39% 19.84% 21.51% 165.63% 14.69%
Free Cash Flow Firm Growth		 -117.29% -192.03% -198.15% -531.25% -1,004.24% -490.17% -68.27% -11.33% 2.56% 35.01% 30.19%
Invested Capital Growth		 2.04% 2.71% 6.54% 10.84% 8.16% 9.37% 8.74% 10.78% 8.13% 5.30% 4.94%
Revenue Q/Q Growth		 11.70% -5.74% 8.39% -2.56% 4.93% -6.93% 11.76% -3.37% 4.36% -15.66% 23.43%
EBITDA Q/Q Growth		 0.49% 14.31% 8.83% -29.22% -98.30% 6,107.69% 24.81% -40.73% 62.98% -43.50% 14.69%
EBIT Q/Q Growth		 -3.07% 32.33% 16.22% -46.69% -213.67% 204.68% 45.73% -60.41% 145.67% -66.63% 33.50%
NOPAT Q/Q Growth		 377.75% -3.44% 33.23% -55.97% -117.96% 691.10% 39.65% -35.91% 7.35% -75.06% -111.27%
Net Income Q/Q Growth		 235.38% 32.09% 21.23% -41.82% -144.59% 355.07% 37.41% -51.12% 104.35% -74.17% -106.13%
EPS Q/Q Growth		 261.90% 29.41% 6.82% -36.17% -143.33% 353.85% 39.39% -52.17% 104.55% -73.33% -108.33%
Operating Cash Flow Q/Q Growth		 -69.10% 137.69% 79.82% -8.82% -45.72% -44.42% 297.69% -0.11% -44.97% 21.50% 71.70%
Free Cash Flow Firm Q/Q Growth		 -134.01% -99.75% -218.06% -99.58% 12.91% -6.76% 9.31% -32.05% 23.78% 28.80% 2.59%
Invested Capital Q/Q Growth		 6.02% 2.41% 1.38% 0.70% 3.46% 3.56% 0.79% 2.59% 0.99% 0.84% 0.46%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 14.05% 16.41% 16.65% 14.28% 11.10% 14.73% 15.31% 13.05% 14.33% 13.46% 11.83%
EBITDA Margin		 7.88% 9.55% 9.59% 6.97% 0.11% 7.55% 8.43% 5.17% 8.07% 5.41% 5.03%
Operating Margin		 3.55% 5.09% 5.47% 2.58% -0.53% 2.86% 3.94% 1.90% 2.55% 0.78% 1.02%
EBIT Margin		 4.01% 5.63% 6.04% 3.31% -3.58% 4.03% 5.25% 2.15% 5.07% 2.00% 2.17%
Profit (Net Income) Margin		 2.86% 4.01% 4.48% 2.68% -1.14% 3.12% 3.83% 1.94% 3.80% 1.16% -0.06%
Tax Burden Percent		 107.98% 77.03% 88.11% 84.57% 28.01% 82.75% 75.18% 103.11% 79.13% 76.17% -5.36%
Interest Burden Percent		 66.02% 92.38% 84.24% 95.79% 113.43% 93.56% 97.09% 87.42% 94.76% 76.20% 49.72%
Effective Tax Rate		 -7.98% 22.97% 11.89% 15.43% 0.00% 17.25% 24.82% -3.11% 20.87% 23.83% 105.36%
Return on Invested Capital (ROIC)		 4.52% 4.74% 6.02% 2.82% -0.47% 2.90% 3.64% 2.41% 2.45% 0.70% -0.06%
ROIC Less NNEP Spread (ROIC-NNEP)		 4.04% 4.78% 5.85% 3.06% -0.83% 3.21% 4.05% 2.40% 3.25% 0.91% -0.07%
Return on Net Nonoperating Assets (RNNOA)		 7.74% 10.19% 12.29% 6.48% -1.88% 7.74% 9.56% 5.67% 8.03% 2.32% -0.17%
Return on Equity (ROE)		 12.26% 14.92% 18.30% 9.30% -2.35% 10.64% 13.21% 8.08% 10.48% 3.02% -0.23%
Cash Return on Invested Capital (CROIC)		 1.26% 1.86% -1.98% -5.57% -3.61% -5.27% -5.46% -7.31% -5.02% -2.92% -3.45%
Operating Return on Assets (OROA)		 2.47% 3.65% 4.01% 2.24% -2.38% 2.69% 3.49% 1.42% 3.36% 1.31% 1.41%
Return on Assets (ROA)		 1.76% 2.60% 2.98% 1.81% -0.76% 2.08% 2.55% 1.28% 2.52% 0.76% -0.04%
Return on Common Equity (ROCE)		 12.26% 14.93% 18.30% 9.30% -2.35% 10.66% 13.21% 8.07% 10.48% 3.02% -0.23%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 6.21% 9.18% 13.81% 0.00% 9.33% 8.76% 7.99% 0.00% 11.28% 0.00%
Net Operating Profit after Tax (NOPAT)		 1,686 1,628 2,168 955 -172 1,014 1,416 907 974 243 -27
NOPAT Margin		 3.83% 3.92% 4.82% 2.18% -0.37% 2.37% 2.96% 1.96% 2.02% 0.60% -0.05%
Net Nonoperating Expense Percent (NNEP)		 0.48% -0.04% 0.17% -0.24% 0.36% -0.31% -0.41% 0.01% -0.79% -0.21% 0.00%
Return On Investment Capital (ROIC_SIMPLE)		 0.93% - - - -0.09% - - - 0.48% 0.12% -0.01%
Cost of Revenue to Revenue		 85.95% 83.59% 83.35% 85.72% 88.90% 85.27% 84.69% 86.95% 85.67% 86.54% 88.17%
SG&A Expenses to Revenue		 10.50% 11.31% 11.17% 11.70% 11.63% 11.87% 11.37% 11.14% 11.78% 12.67% 10.82%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 10.50% 11.31% 11.17% 11.70% 11.63% 11.87% 11.37% 11.14% 11.78% 12.67% 10.82%
Earnings before Interest and Taxes (EBIT)		 1,766 2,337 2,716 1,448 -1,646 1,723 2,511 994 2,442 815 1,088
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 3,466 3,962 4,312 3,052 52 3,228 4,029 2,388 3,892 2,199 2,522
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.92 1.11 1.30 1.05 1.07 1.24 1.15 0.95 0.88 0.89 0.96
Price to Tangible Book Value (P/TBV)		 0.92 1.11 1.30 1.05 1.07 1.24 1.15 0.95 0.88 0.89 0.96
Price to Revenue (P/Rev)		 0.25 0.29 0.33 0.27 0.26 0.30 0.28 0.23 0.21 0.22 0.23
Price to Earnings (P/E)		 0.00 16.31 13.72 7.53 10.49 13.55 13.05 11.90 6.69 7.92 13.69
Dividend Yield		 5.08% 4.66% 4.23% 6.47% 6.58% 4.74% 5.02% 5.97% 6.36% 7.48% 6.91%
Earnings Yield		 0.00% 6.13% 7.29% 13.29% 9.53% 7.38% 7.66% 8.41% 14.94% 12.62% 7.30%
Enterprise Value to Invested Capital (EV/IC)		 0.97 1.03 1.09 1.01 1.02 1.07 1.04 0.99 0.97 0.97 0.99
Enterprise Value to Revenue (EV/Rev)		 0.83 0.87 0.90 0.82 0.85 0.91 0.88 0.84 0.83 0.85 0.85
Enterprise Value to EBITDA (EV/EBITDA)		 17.27 10.58 10.11 9.70 13.11 15.20 15.37 15.91 11.28 12.36 14.39
Enterprise Value to EBIT (EV/EBIT)		 116.88 20.55 17.76 17.36 30.72 38.15 39.45 43.08 19.91 22.87 29.66
Enterprise Value to NOPAT (EV/NOPAT)		 29.96 23.12 25.89 22.63 25.04 30.27 37.30 35.55 35.91 44.47 73.78
Enterprise Value to Operating Cash Flow (EV/OCF)		 19.20 13.34 11.97 10.55 10.00 11.98 11.39 10.37 9.90 8.73 8.55
Enterprise Value to Free Cash Flow (EV/FCFF)		 77.77 56.40 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 3.22 3.30 3.28 3.22 3.49 3.48 3.46 3.55 3.53 3.48 3.50
Long-Term Debt to Equity		 2.06 2.16 2.15 2.12 2.33 2.32 2.30 2.34 2.31 2.26 2.24
Financial Leverage		 1.92 2.13 2.10 2.11 2.28 2.41 2.36 2.36 2.47 2.55 2.53
Leverage Ratio		 5.59 5.84 5.83 5.96 6.16 6.24 6.22 6.26 6.37 6.38 6.42
Compound Leverage Factor		 3.69 5.40 4.91 5.71 6.98 5.84 6.04 5.48 6.04 4.86 3.19
Debt to Total Capital		 76.30% 76.75% 76.66% 76.32% 77.71% 77.69% 77.59% 78.01% 77.94% 77.66% 77.77%
Short-Term Debt to Total Capital		 27.54% 26.48% 26.41% 26.02% 25.87% 25.89% 26.00% 26.57% 27.02% 27.23% 28.04%
Long-Term Debt to Total Capital		 48.76% 50.27% 50.25% 50.30% 51.85% 51.80% 51.59% 51.44% 50.93% 50.43% 49.73%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 -0.04% -0.09% -0.04% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
Common Equity to Total Capital		 23.74% 23.34% 23.38% 23.68% 22.27% 22.29% 22.40% 21.98% 22.04% 22.33% 22.22%
Debt to EBITDA		 18.24 10.29 9.43 9.64 13.12 14.04 14.56 16.22 11.71 12.41 14.34
Net Debt to EBITDA		 12.09 7.11 6.38 6.57 9.10 10.20 10.53 11.58 8.37 9.18 10.47
Long-Term Debt to EBITDA		 11.66 6.74 6.18 6.36 8.75 9.36 9.68 10.69 7.65 8.06 9.17
Debt to NOPAT		 31.63 22.48 24.16 22.50 25.06 27.95 35.35 36.22 37.27 44.65 73.49
Net Debt to NOPAT		 20.96 15.55 16.33 15.32 17.38 20.32 25.57 25.87 26.65 33.03 53.67
Long-Term Debt to NOPAT		 20.21 14.73 15.84 14.83 16.72 18.64 23.51 23.88 24.35 28.99 46.99
Altman Z-Score		 1.02 1.06 1.08 1.05 0.99 1.04 1.05 0.98 1.01 0.97 0.95
Noncontrolling Interest Sharing Ratio		 0.03% -0.03% 0.00% -0.03% -0.06% -0.17% -0.05% 0.04% 0.05% 0.06% 0.06%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 1.20 1.20 1.20 1.21 1.20 1.17 1.17 1.15 1.16 1.13 1.10
Quick Ratio		 1.02 0.99 0.99 0.99 1.01 0.95 0.96 0.94 0.98 0.92 0.91
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -1,015 -2,028 -6,452 -12,876 -11,214 -11,971 -10,856 -14,336 -10,927 -7,780 -7,578
Operating Cash Flow to CapEx		 57.05% 157.30% 258.34% 207.55% 108.58% 66.14% 262.29% 276.20% 121.22% 202.37% 302.54%
Free Cash Flow to Firm to Interest Expense		 -3.19 -6.59 -21.22 -39.74 -30.64 -43.06 -40.21 -52.70 -37.04 -27.01 -25.52
Operating Cash Flow to Interest Expense		 3.70 9.09 16.56 14.17 6.81 4.98 20.40 20.23 10.26 12.77 21.27
Operating Cash Flow Less CapEx to Interest Expense		 -2.79 3.31 10.15 7.34 0.54 -2.55 12.62 12.90 1.80 6.46 14.24
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.62 0.65 0.66 0.68 0.67 0.67 0.66 0.66 0.66 0.65 0.65
Accounts Receivable Turnover		 11.67 11.81 11.51 11.66 11.25 10.56 11.53 11.57 12.20 10.18 10.15
Inventory Turnover		 10.28 9.08 9.11 8.80 10.13 8.75 8.91 8.69 10.35 8.60 9.34
Fixed Asset Turnover		 4.25 4.43 4.55 4.65 4.51 4.52 4.55 4.54 4.47 4.41 4.38
Accounts Payable Turnover		 5.61 5.68 5.65 5.38 5.84 5.71 5.84 5.72 6.32 5.86 6.05
Days Sales Outstanding (DSO)		 31.29 30.91 31.72 31.31 32.45 34.57 31.66 31.56 29.92 35.85 35.97
Days Inventory Outstanding (DIO)		 35.50 40.22 40.06 41.50 36.04 41.74 40.98 41.99 35.25 42.42 39.08
Days Payable Outstanding (DPO)		 65.12 64.23 64.66 67.88 62.55 63.98 62.50 63.80 57.73 62.30 60.36
Cash Conversion Cycle (CCC)		 1.68 6.89 7.13 4.93 5.95 12.32 10.14 9.74 7.43 15.97 14.69
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 135,268 138,528 140,443 141,420 146,310 151,513 152,715 156,663 158,211 159,536 160,266
Invested Capital Turnover		 1.18 1.21 1.25 1.30 1.25 1.22 1.23 1.23 1.22 1.18 1.18
Increase / (Decrease) in Invested Capital		 2,701 3,656 8,620 13,831 11,042 12,985 12,272 15,243 11,901 8,023 7,551
Enterprise Value (EV)		 131,603 143,219 153,498 143,530 149,149 161,802 159,212 154,327 152,721 154,654 158,355
Market Capitalization		 39,577 47,057 56,732 46,373 45,612 53,159 50,064 41,979 39,345 39,753 43,146
Book Value per Share		 $10.76 $10.63 $10.92 $11.06 $10.69 $10.77 $10.91 $11.15 $11.28 $11.26 $11.33
Tangible Book Value per Share		 $10.76 $10.63 $10.92 $11.06 $10.69 $10.77 $10.91 $11.15 $11.28 $11.26 $11.33
Total Capital		 182,136 181,489 186,842 186,938 192,029 192,312 194,496 201,597 203,380 199,930 202,808
Total Debt		 138,969 139,292 143,236 142,662 149,231 149,415 150,901 157,258 158,522 155,270 157,727
Total Long-Term Debt		 88,805 91,242 93,895 94,024 99,562 99,625 100,336 103,694 103,573 100,830 100,855
Net Debt		 92,101 96,331 96,837 97,144 103,512 108,616 109,120 112,324 113,353 114,876 115,185
Capital Expenditures (CapEx)		 2,065 1,780 1,949 2,212 2,295 2,094 2,100 1,992 2,498 1,818 2,088
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 25,704 27,755 27,217 28,616 29,448 32,716 33,114 32,722 34,216 33,536 30,992
Debt-free Net Working Capital (DFNWC)		 69,774 67,268 70,038 69,731 69,619 67,179 67,680 69,627 72,564 68,762 68,496
Net Working Capital (NWC)		 19,610 19,218 20,697 21,093 19,950 17,389 17,115 16,063 17,615 14,322 11,624
Net Nonoperating Expense (NNE)		 427 -35 152 -218 352 -320 -417 11 -857 -230 1.61
Net Nonoperating Obligations (NNO)		 92,101 96,331 96,837 97,144 103,512 108,616 109,120 112,324 113,353 114,876 115,185
Total Depreciation and Amortization (D&A)		 1,700 1,625 1,596 1,604 1,698 1,505 1,518 1,394 1,450 1,384 1,434
Debt-free, Cash-free Net Working Capital to Revenue		 16.26% 16.82% 16.03% 16.42% 16.71% 18.43% 18.36% 17.91% 18.50% 18.34% 16.73%
Debt-free Net Working Capital to Revenue		 44.14% 40.75% 41.24% 40.02% 39.51% 37.85% 37.53% 38.10% 39.23% 37.60% 36.97%
Net Working Capital to Revenue		 12.41% 11.64% 12.19% 12.11% 11.32% 9.80% 9.49% 8.79% 9.52% 7.83% 6.27%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.33 $0.44 $0.48 $0.30 ($0.13) $0.33 $0.46 $0.22 $0.47 $0.12 ($0.01)
Adjusted Weighted Average Basic Shares Outstanding		 4.01B 3.99B 4.00B 4.00B 4.00B 3.98B 3.99B 3.98B 3.98B 3.97B 3.98B
Adjusted Diluted Earnings per Share		 $0.34 $0.44 $0.47 $0.30 ($0.13) $0.33 $0.46 $0.22 $0.45 $0.12 ($0.01)
Adjusted Weighted Average Diluted Shares Outstanding		 4.01B 4.03B 4.04B 4.05B 4.04B 4.02B 4.02B 4.02B 4.02B 4.01B 3.98B
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 3.99B 4.00B 4.00B 4.00B 3.97B 3.99B 3.98B 3.97B 3.96B 3.98B 3.98B
Normalized Net Operating Profit after Tax (NOPAT)		 1,093 1,628 2,168 955 -172 1,014 1,416 616 974 243 358
Normalized NOPAT Margin		 2.48% 3.92% 4.82% 2.18% -0.37% 2.37% 2.96% 1.33% 2.02% 0.60% 0.71%
Pre Tax Income Margin		 2.65% 5.21% 5.09% 3.17% -4.06% 3.77% 5.10% 1.88% 4.80% 1.53% 1.08%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 5.55 7.59 8.93 4.47 -4.50 6.20 9.30 3.65 8.28 2.83 3.66
NOPAT to Interest Expense		 5.30 5.28 7.13 2.95 -0.47 3.65 5.24 3.34 3.30 0.84 -0.09
EBIT Less CapEx to Interest Expense		 -0.94 1.81 2.52 -2.36 -10.77 -1.33 1.52 -3.67 -0.19 -3.48 -3.37
NOPAT Less CapEx to Interest Expense		 -1.19 -0.49 0.72 -3.88 -6.74 -3.89 -2.53 -3.99 -5.17 -5.47 -7.12
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 -93.36% 182.40% 124.65% 81.71% 115.38% 78.20% 81.90% 88.22% 52.90% 59.37% 94.17%
Augmented Payout Ratio		 -115.85% 200.80% 136.73% 89.63% 123.12% 86.58% 97.07% 105.48% 60.13% 67.83% 99.91%

Key Financial Trends

Ford Motor Co. (NYSE: F) has reported its latest quarterly results for Q2 2025 along with financial statements spanning the last four years. Here are the key takeaways and trends from the cash flow, income, and balance sheet statements:

  • Revenue Growth: Operating revenue for Q2 2025 was $50.18 billion, showing growth from $40.66 billion in Q1 2025 and up from $43.77 billion in Q2 2024, indicating steady top-line expansion.
  • Strong Operating Cash Flow: Net cash from continuing operating activities hit $6.32 billion in Q2 2025, more than doubling from $3.68 billion in Q1 2025, reflecting strong operational cash generation.
  • Improved Gross Profit: Gross profit in Q2 2025 was $5.94 billion, up from $5.47 billion in Q1 2025 and consistent with rising revenues, demonstrating effective cost control relative to sales.
  • Healthy Cash Reserves: Cash & equivalents rose to $23.02 billion in Q2 2025, increasing from $20.86 billion in Q1 2025 and $19.95 billion in Q2 2024, supporting liquidity and financial flexibility.
  • Stable Dividend Policy: Q2 2025 cash dividends to common shareholders were $0.15 per share, consistent with prior quarters and highlighting Ford’s commitment to returning capital to shareholders.
  • Net Income Volatility: Ford recorded a slight net loss of $29 million in Q2 2025 compared to profits in prior quarters, suggesting short-term profitability challenges amid rising revenues.
  • Investing Activities: Significant investments and acquisitions amounted to a net $3.22 billion outflow in Q2 2025, a typical capital expenditure level for the automotive giant as it invests in future growth.
  • Debt Management: Ford repaid $8.64 billion in debt in Q2 2025 but also issued $7.94 billion of new debt, resulting in a net financing outflow and showing active debt structure management.
  • Slight Operating Margin Pressure: Total operating income was $511 million in Q2 2025, only modestly positive despite strong revenues, due to increasing operating expenses which rose to $5.43 billion.
  • Rising Liabilities: Total liabilities increased to $247.64 billion in Q2 2025 from $239.88 billion in Q1 2025, indicating growing obligations which may pressure credit metrics.

Summary: Over the past four years, Ford has demonstrated a trajectory of increasing revenue and gross profit, supported by strong cash flow from operations and solid liquidity. However, recent quarters reveal challenges with profitability and increased liabilities. Active management of capital expenditures and debt levels underscores Ford's strategic investment in future operations. Retail investors should watch for improvements in net income and operating margins in upcoming quarters to confirm sustained financial health.

08/23/25 04:50 AMAI Generated. May Contain Errors.

Frequently Asked Questions About Ford Motor's Financials

When does Ford Motor's financial year end?

According to the most recent income statement we have on file, Ford Motor's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Ford Motor's net income changed over the last 10 years?

Over the last 10 years, Ford Motor's net income changed from $1.23 billion in 2014 to $5.89 billion in 2024, a change of 379.2%. Check out Ford Motor's forecast to explore projected trends and price targets.

What is Ford Motor's operating income?
Ford Motor's total operating income in 2024 was $5.22 billion, based on the following breakdown:
  • Total Gross Profit: $26.56 billion
  • Total Operating Expenses: $21.34 billion
How has Ford Motor's revenue changed over the last 10 years?

Over the last 10 years, Ford Motor's total revenue changed from $144.08 billion in 2014 to $184.99 billion in 2024, a change of 28.4%.

How much debt does Ford Motor have?

Ford Motor's total liabilities were at $240.34 billion at the end of 2024, a 4.3% increase from 2023, and a 30.8% increase since 2014.

How much cash does Ford Motor have?

In the past 10 years, Ford Motor's cash and equivalents has ranged from $10.76 billion in 2014 to $25.24 billion in 2020, and is currently $22.94 billion as of their latest financial filing in 2024.

How has Ford Motor's book value per share changed over the last 10 years?

Over the last 10 years, Ford Motor's book value per share changed from 6.35 in 2014 to 11.28 in 2024, a change of 77.7%.


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This page (NYSE:F) was last updated on 8/23/2025 by MarketBeat.com Staff
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