Overview
FORD MOTOR CO
Latest 10-K: FY2025, filed Feb 11, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $187.27B
- 1.2%YoYup from FY2024
- TotalRevenue
- Gross profit
- $12.80B
- 51.8%YoYdown from FY2024
- GrossProfit
- Operating income
- -$9.17B
- 275.7%YoYdown from FY2024
- OperatingIncome
- Net income
- -$8.18B
- 239.2%YoYdown from FY2024
- NetIncome
- Diluted EPS
- -$2.06
- 241.1%YoYdown from FY2024
- EPSDiluted
- Diluted shares
- 3.98B
- 1.0%YoYdown from FY2024
- WeightedAvgSharesDiluted
At a glance
Growth
- FORD MOTOR CO reported revenue of $187.27B for fiscal 2025, up 1.2% from fiscal 2024.
- Revenue grew faster than the median S&P 500 member in 3 of the last 5 fiscal years.
Profitability
- Operating margin was -4.9% and net margin was -4.4%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.
Per share
- Diluted EPS was -$2.06, down 241.1% from the prior year.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 24, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $187.27B1.2%up S&P 500 6.4% | $184.99B5.0%up S&P 500 4.5% | $176.19B11.5%up S&P 500 4.8% | $158.06B15.9%up S&P 500 10.3% | $136.34B7.2%up S&P 500 13.8% | 8.3% S&P 500 6.6% |
| Gross Profit Median of 315 / 498 | $12.80B51.8%down S&P 500 6.8% | $26.56B3.6%up S&P 500 5.5% | $25.64B8.4%up S&P 500 5.2% | $23.66B9.1%up S&P 500 8.3% | $21.69B50.7%up S&P 500 15.7% | -12.4% S&P 500 6.2% |
| Operating Income Median of 373 / 498 | negative: -$9.17B275.7%down S&P 500 7.3% | $5.22B4.4%down S&P 500 7.4% | $5.46B13.0%down S&P 500 4.9% | $6.28B38.8%up S&P 500 7.5% | $4.52Bn/m S&P 500 23.5% | n/m S&P 500 7.2% |
| Net Income | negative: -$8.18B§239.2%down S&P 500 4.8% | $5.88B35.2%up S&P 500 5.7% | $4.35Bn/m S&P 500 1.9% | negative: -$1.98B111.0%down S&P 500 1.3% | $17.94Bn/m S&P 500 33.9% | n/m S&P 500 4.1% |
| EPS (Diluted) | negative: -$2.06241.1%down S&P 500 6.2% | $1.4635.2%up S&P 500 7.9% | $1.08n/m S&P 500 1.9% | negative: -$0.49111.0%down S&P 500 1.5% | $4.45n/m S&P 500 34.8% | n/m S&P 500 5.6% |
§ Net income available to common stockholders; the company files no net-income line.
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $289.16B1.4%up S&P 500 5.6% | $285.20B4.3%up S&P 500 3.4% | $273.31B6.8%up S&P 500 4.1% | $255.88B0.4%down S&P 500 2.2% | $257.04B3.8%down S&P 500 6.7% | 3.0% S&P 500 4.7% |
| Total Liabilities Median of 357 / 498 | $253.18B5.3%up S&P 500 6.4% | $240.34B4.3%up S&P 500 1.9% | $230.51B8.4%up S&P 500 2.9% | $212.72B2.1%up S&P 500 2.0% | $208.41B11.9%down S&P 500 5.2% | 5.0% S&P 500 4.4% |
| Stockholders' Equity | $35.98B19.8%down S&P 500 6.8% | $44.86B4.8%up S&P 500 5.4% | $42.80B0.9%down S&P 500 7.3% | $43.17B11.2%down S&P 500 2.5% | $48.62B57.8%up S&P 500 9.0% | -7.3% S&P 500 6.1% |
| Cash & Equivalents | $23.36B1.8%up S&P 500 5.2% | $22.93B7.8%down S&P 500 1.9% | $24.86B1.1%down S&P 500 6.7% | $25.13B22.4%up S&P 500 -8.6% | $20.54B18.6%down S&P 500 -2.9% | 3.3% S&P 500 2.0% |
| Total Debt Median of 393 / 498 | — | — | — | — | — | — S&P 500 3.7% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $21.28B38.0%up S&P 500 6.3% | $15.42B3.4%up S&P 500 4.8% | $14.92B117.7%up S&P 500 9.9% | $6.85B56.6%down S&P 500 -0.7% | $15.79B34.9%down S&P 500 10.7% | 7.8% S&P 500 7.0% |
| Capital Expenditures | $8.81B1.5%up S&P 500 5.4% | $8.68B5.4%up S&P 500 2.8% | $8.24B20.0%up S&P 500 11.3% | $6.87B10.3%up S&P 500 14.0% | $6.23B8.4%up S&P 500 8.1% | 9.1% S&P 500 9.0% |
| Free Cash Flow Median of 378 / 498 | $12.47B85.0%up S&P 500 7.3% | $6.74B0.9%up S&P 500 6.1% | $6.68Bn/m S&P 500 8.8% | negative: -$0.01B100.1%down S&P 500 -11.3% | $9.56B48.4%down S&P 500 10.2% | 6.9% S&P 500 4.9% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
S&P 500 median = median of the companies in the index on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-20. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2025Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
n/m
Wall Street
on net earnings
FY2024 14.7%
23.9%
Value investor
on free cash flow
FY2024 16.9%
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E n/mValue investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Valuation · Book yield
Net assets behind a dollar of market value
68.9%
Wall Street
on book equity
FY2024 112.7%
68.0%
Value investor
on tangible book
FY2024 111.0%
Gap −0.9 pts: Value-investor figure 0.9 points lower
How it’s calculated
Wall Street · on book equity
Book value of equity ÷ market capitalisation (1 ÷ P/B)
pb_ratio (ratio table)
P/B 1.5×Value investor · on tangible book
Tangible book value (equity less goodwill and intangibles) ÷ market capitalisation
tangible_book_value_per_share ÷ (pb_ratio × book_value_per_share)
Quality · Return on capital
Profit earned on the money in the business
negative: −20.2%
Wall Street
ROE: net income ÷ equity
FY2024 13.4%
negative: −5.3%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2024 3.0%
Gap +14.9 pts: Value-investor figure 14.9 points higher
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
3.6%
Wall Street
EBITDA margin
FY2024 6.9%
6.7%
Value investor
Free-cash-flow margin
FY2024 3.6%
Gap +3.1 pts: Value-investor figure 3.1 points higher
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
1.07×
Wall Street
Current ratio
FY2024 1.16×
0.94×
Value investor
Quick ratio, inventory excluded
FY2024 1.02×
Gap −0.13×: Value-investor figure 0.13 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Interest cover
How many times earnings pay the year's interest
5.4×
Wall Street
EBITDA ÷ interest
FY2024 11.5×
negative: −7.3×
Value investor
EBIT ÷ interest
FY2024 4.7×
Gap −12.7×: Value-investor figure 12.7 lower
How it’s calculated
Wall Street · EBITDA ÷ interest
EBITDA ÷ interest expense
ebitda_interest_coverage (ratio table)
Value investor · EBIT ÷ interest
Operating income ÷ interest expense
interest_coverage (ratio table)
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on F yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on F and publish the result to your public profile.
Cite this page
Data as of Oct 24, 2026. Canonical address: https://valuein.biz/data/F
Valuein. (2026, October 24). FORD MOTOR CO (F) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/F
@misc{valuein_f_2026,
author = {{Valuein}},
title = {FORD MOTOR CO (F) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/F}},
note = {Data as of 2026-10-24; source: SEC EDGAR filings}
}10-K filed Feb 11, 2026 · accession 0000037996-26-000015
Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.
point-in-time · survivorship-free · every number traceable to its SEC filing