FORD MOTOR CO F

Consumer discretionary SIC 3711 - Motor Vehicles & Passenger Car Bodies NAICS Manufacturing › Transportation Equipment Manufacturing › Motor Vehicle Manufacturing › Automobile and Light Duty Motor Vehicle Manufacturing derived NYSE

Ford Motor Company was incorporated in Delaware in 1919. We acquired the business of a Michigan company, also known as Ford Motor Company, which had been incorporated in 1903 to produce and sell automobiles designed and engineered by Henry Ford. We are a global company based in Dearborn, Michigan. With about 169,000 employees worldwide, the Company is committed to helping build a better world, where every person is free to move and pursue their dreams. The Company's Ford+ plan for growth and value creation combines existing strengths, new capabilities, and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles, along with connected services, including BlueCruise (ADAS) and security. The Company offers freedom of choice through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough electric vehicles ("EVs"), including extended range electric vehicles ("EREVs"), along with embedded software that defines always-on digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, the Company provides financial services through Ford Motor Credit Company LLC ("Ford Credit").

Last close 11.60 2026-10-23
Market cap $46.30B estimated share count
52-week range 11.11 - 17.78

Valuation FY2025 figures against the last close

P/S0.2x
P/E—
P/FCF3.7x
EV/EBITDA6.8x
Dividend yield6.5%
Diluted EPS-2.06

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • All Other
  • Canada
  • United Kingdom
  • Mexico
Revenue by geography, 5 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 122.6B (65.5%) 65% United States All Other, FY2025: 35.4B (18.9%) 19% All Other Canada, FY2025: 14.5B (7.8%) 8% Canada United Kingdom, FY2025: 12.3B (6.6%) 7% Mexico, FY2025: 2.5B (1.3%) FY2024 United States, FY2024: 125B (67.6%) 68% All Other, FY2024: 34B (18.4%) 18% Canada, FY2024: 13.4B (7.3%) 7% United Kingdom, FY2024: 9.9B (5.4%) 5% Mexico, FY2024: 2.6B (1.4%) FY2023 United States, FY2023: 117B (66.4%) 66% All Other, FY2023: 34.1B (19.3%) 19% Canada, FY2023: 13.4B (7.6%) 8% United Kingdom, FY2023: 9B (5.1%) 5% Mexico, FY2023: 2.8B (1.6%)
Region FY2025FY2024FY2023
United States $122.57B $124.97B $117.00B
All Other $35.38B $34.04B $34.06B
Canada $14.55B $13.41B $13.39B
United Kingdom $12.30B $9.94B $8.97B
Mexico $2.46B $2.63B $2.77B

As the company reported it, from the “SEGMENT INFORMATION - Schedule of Geographic Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Revenue by segment

  • Company excluding Ford Credit
  • Ford Credit
Revenue by segment, 2 categories over 3 years. The same figures are in the table below. FY2025 Company excluding Ford Credit, FY2025: 174B (92.9%) 93% Company excluding Ford Credit Ford Credit, FY2025: 13.3B (7.1%) 7% FY2024 Company excluding Ford Credit, FY2024: 172.7B (93.4%) 93% Ford Credit, FY2024: 12.3B (6.6%) 7% FY2023 Company excluding Ford Credit, FY2023: 165.9B (94.2%) 94% Ford Credit, FY2023: 10.3B (5.8%) 6%
Segment FY2025FY2024FY2023
Company excluding Ford Credit $174.00B $172.71B $165.90B
Ford Credit $13.27B $12.29B $10.29B

As the company reported it, from the “SEGMENT INFORMATION - Schedule of Segment Information (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $187.27B$184.99B$176.19B$158.06B$136.34B$127.14B$155.90B$160.34B$156.78B$151.80B
Cost of revenue $174.47B$158.43B$150.55B$134.40B$114.65B$112.75B$134.69B$136.27B$131.32B$126.19B
Gross profit $12.80B$26.56B$25.64B$23.66B$21.69B$14.39B$21.21B$24.07B$25.45B$25.61B
R&D $9.40B$8.00B$8.20B$7.80B$7.60B$7.10B$7.40B$8.20B$8.00B$7.30B
SG&A $10.85B$10.29B$10.70B$10.89B$11.91B$10.19B$11.16B$11.40B$11.53B$10.97B
Total operating expenses $196.44B$179.77B$170.73B$151.78B$131.82B$131.55B$155.33B$157.13B$151.90B$146.01B
Operating income -$9.17B$5.22B$5.46B$6.28B$4.52B-$4.41B$574.0M$3.20B$4.88B—
Interest expense $1.25B$1.11B$1.30B$4.59B$4.59B$5.05B$5.41B$5.16B$4.36B$894.0M
Pre-tax income -$11.83B$7.23B$3.97B-$3.02B$17.78B-$1.12B-$640.0M$4.34B$8.16B$6.78B
Income tax $3.67B$1.34B$362.0M$864.0M$130.0M$160.0M$724.0M$650.0M$402.0M$2.18B
Net income -$8.16B$5.89B$4.33B-$1.98B$17.94B-$1.28B$84.0M$3.69B$7.76B$4.60B
EPS, basic -2.061.481.09-0.494.49-0.320.010.931.941.16
EPS, diluted -2.061.461.08-0.494.45-0.320.010.921.931.15
Shares, diluted (wtd. avg.) 3.98B4.02B4.04B4.01B4.03B3.97B4.00B4.00B4.00B4.00B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $23.36B$22.93B$25.11B$25.34B$20.74B$25.93B$17.74B$16.91B$18.64B$16.02B
Short-term investments $15.13B$15.41B$15.31B$18.94B$29.05B$24.72B$17.15B$17.23B$20.43B$22.92B
Receivables $15.40B$14.72B$15.60B$15.73B$11.37B$9.99B$9.24B$11.20B$10.60B$11.10B
Inventory $15.29B$14.95B$15.65B$14.08B$12.06B$10.81B$10.79B$11.22B$11.18B$8.90B
Total current assets $123.49B$124.47B$121.48B$116.48B$109.00B$116.74B$114.05B$114.65B$116.80B$108.46B
Property, plant and equipment —$41.93B$40.82B$37.27B$37.14B$37.08B$36.47B$36.18B$35.33B$32.07B
Goodwill $483.0M$658.0M$683.0M$603.0M$619.0M$258.0M$278.0M$264.0M$75.0M$50.0M
Other intangibles $170.0M$69.0M$80.0M$86.0M$111.0M$144.0M$188.0M$178.0M$213.0M$198.0M
Total assets $289.16B$285.20B$273.31B$255.88B$257.04B$267.26B$258.54B$256.54B$258.50B$238.51B
Accounts payable $25.81B$24.13B$25.99B$25.61B$22.35B$22.20B$20.67B$21.52B$23.28B$21.30B
Total current liabilities $114.89B$106.86B$101.53B$96.87B$90.73B$97.19B$98.13B$95.57B$94.60B$90.28B
Long-term debt —————$291.0M$470.0M$600.0M——
Total liabilities $253.18B$240.34B$230.51B$212.72B$208.41B$236.45B$225.31B$220.47B$222.79B$208.67B
Retained earnings $22.51B$33.74B$31.03B$31.75B$35.77B$18.24B$20.32B$22.67B$21.91B$15.63B
Total equity $35.95B$44.84B$42.80B$43.17B$48.52B$30.69B$33.23B$35.97B$35.61B$29.75B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $21.28B$15.42B$14.92B$6.85B$15.79B$24.27B$17.64B$15.02B$18.10B$19.85B
Depreciation and amortisation $15.97B$7.57B$7.69B$7.67B$7.32B$8.77B$10.49B$9.38B$9.24B$2.13B
Stock-based compensation $510.0M$511.0M$460.0M$336.0M$305.0M$199.0M$228.0M$191.0M$246.0M$210.0M
Capital expenditure $8.81B$8.68B$8.24B$6.87B$6.23B$5.74B$7.63B$7.79B$7.05B$6.99B
Investing cash flow -$18.05B-$24.37B-$17.63B-$4.35B$2.75B-$18.61B-$13.72B-$16.26B-$19.36B-$25.30B
Financing cash flow -$3.21B$7.49B$2.58B$2.51B-$23.50B$2.31B-$3.13B-$122.0M$3.39B$7.40B
Dividends paid $2.99B$3.12B$5.00B$2.01B$403.0M$596.0M$2.39B$2.90B$2.58B$3.38B
Buybacks $0$426.0M$335.0M$484.0M$0$0$237.0M$164.0M$131.0M$145.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000037996-26-000015.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -50B 0 50B 100B 150B 200B Revenue, FY2016: 151.8B Gross profit, FY2016: 25.6B Net income, FY2016: 4.6B Revenue, FY2017: 156.8B Gross profit, FY2017: 25.5B Net income, FY2017: 7.8B Revenue, FY2018: 160.3B Gross profit, FY2018: 24.1B Net income, FY2018: 3.7B Revenue, FY2019: 155.9B Gross profit, FY2019: 21.2B Net income, FY2019: 84M Revenue, FY2020: 127.1B Gross profit, FY2020: 14.4B Net income, FY2020: -1.3B Revenue, FY2021: 136.3B Gross profit, FY2021: 21.7B Net income, FY2021: 17.9B Revenue, FY2022: 158.1B Gross profit, FY2022: 23.7B Net income, FY2022: -2B Revenue, FY2023: 176.2B Gross profit, FY2023: 25.6B Net income, FY2023: 4.3B Revenue, FY2024: 185B Gross profit, FY2024: 26.6B Net income, FY2024: 5.9B Revenue, FY2025: 187.3B Gross profit, FY2025: 12.8B Net income, FY2025: -8.2B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $151.80B $156.78B $160.34B $155.90B $127.14B $136.34B $158.06B $176.19B $184.99B $187.27B
Gross profit $25.61B $25.45B $24.07B $21.21B $14.39B $21.69B $23.66B $25.64B $26.56B $12.80B
Net income $4.60B $7.76B $3.69B $84.0M -$1.28B $17.94B -$1.98B $4.33B $5.89B -$8.16B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Other event Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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