FNYSEMotor Vehicles & Passenger Car BodiesFiscal year ends December 31Also trades as F.PB, F.PC, F.PD
FORD MOTOR CO
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 29, 2026
$12.18−0.25 (-2.01%)
Close on Oct 19, 2026
- Market cap
- $49.58B
- P/E (TTM)
- –
- Dividend yield
- 6.16%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
6.8%−4.5 pts over 5 years
Operating margin
-4.9%−1.4 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.2% | +5.8% | +8.1% | +2.3% | |
| Gross profit | -51.8% | -18.5% | -2.3% | -6.5% | |
| Free cash flow | +85.0% | – | -7.6% | +3.3% | |
| Dividend per share | -3.8% | +14.5% | +38.0% | +2.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | – | |
| Return on assets | – | – | – | |
| Current ratio | 1.20 | 1.20 | 1.07 | |
| Debt to equity | – | 0.01 | – | |
| Net debt to EBITDA | – | -5.87× | – | |
| Interest coverage | – | -0.9× | -7.3× | |
| Inventory turnover | 14.7× | 10.4× | 11.5× | |
| Capex to revenue | 4.6% | 4.5% | 4.7% | |
| Diluted shares | 4.00B | 3.97B | 3.98B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Ford Motor generated $74.26B from operations and spent $53.59B on capital expenditure, dividends and share buybacks. 72% of that went back into the business.
Generated
$74.26B
Used
$53.59B
Capital expenditure$38.83B72%Dividends$13.51B25%Share buybacks$1.25B2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.2%
×Asset turnover0.66×
×Equity multiplier6.38×
=Return on equity, FY202413.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 3.2% | 0.66× | 6.38× | 13.4% |
| FY2023 | 2.5% | 0.67× | 6.15× | 10.1% |
| FY2022 | -1.3% | 0.62× | 5.59× | -4.3% |
| FY2021 | 13.2% | 0.52× | 6.62× | 45.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$21.28B
- Return on assets improvedROA up on the prior year2.2% → –
- Earnings backed by cashOperating cash flow above net income$21.28B vs –
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.16 → 1.07
- No dilutionShare count did not rise4.02B → 3.98B
- Gross margin improvedGross margin up on the prior year14.36% → 6.84%
- More efficientAsset turnover rose0.68 → 0.66