F

MKT CAP:$48B

Ford Motor Company

Market Cap

$48B

Consumer Cyclical·Auto - Manufacturers·🇺🇸 United States·NYSE

Consumer Cyc.·Auto·🇺🇸·NYSE

Stock Price

$12.36-$0.98 (-7.38%)

Apr 24, 2026

Company Details

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and F...

CEO

James Duncan Farley Jr.

IPO Date

Jun 1, 1972

Website

www.corporate.ford.com

Key Metrics TTM

Revenue

$183.3B

+12.6% YoY

Net Income

-$7.3B

EPS (Diluted)

-$1.83

Free Cash Flow

$11.7B

Revenue / Share

$46.06

Gross Margin

6.7%

Operating Margin

0.9%

Net Margin

-4.0%

FCF Margin

6.4%

P/S

0.3x

P/E

—

Earnings Reports

Q1 2026

Apr 29, 2026

PENDING

FY 2025

Feb 10, 2026

$187.3B+1.2%EPS -$2.06

Q4 2025

Feb 10, 2026

$45.9BEPS -$2.77

Q3 2025

Oct 23, 2025

$50.5B+9.4%EPS $0.60

Q1 2025

May 5, 2025

$40.7B-5.0%EPS $0.12

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 19	$38.9B	$2.9B	$175M
Q3 19	$37.0B	$2.2B	-$395M
Q4 19	$39.7B	$2.6B	-$400M
Q1 20	$34.3B	$582M	-$1.9B
Q2 20	$19.4B	-$545M	-$2.5B
Q3 20	$37.5B	$4.9B	$2.6B
Q4 20	$36.0B	$704M	-$2.8B
Q1 21	$36.2B	$5.1B	$2.3B
Q4 21	$37.7B	$4.3B	$1.1B
Q1 22	$34.5B	$4.2B	$1.4B
Q1 24	$42.8B	$3.7B	$1.3B
Q2 24	$47.8B	$4.5B	$1.8B
Q3 24	$46.2B	$3.3B	$737M
Q1 25	$40.7B	$2.7B	$164M
Q3 25	$50.5B	$4.5B	$1.6B
Q4 25	$45.9B	$1.7B	-$907M

Valuation

Quarter	P/S	P/E
Q2 19	0.3x	18.6x
Q3 19	0.2x	22.7x
Q4 19	0.2x	781.5x
Q1 20	0.1x	—
Q2 20	0.2x	—
Q3 20	0.2x	—
Q4 20	0.3x	—
Q1 21	0.4x	12.2x
Q4 21	0.6x	5.8x
Q1 22	0.5x	6.9x
Q1 24	0.4x	3.8x
Q2 24	0.3x	4.1x
Q3 24	0.2x	44.4x
Q1 25	0.2x	8.8x
Q3 25	0.3x	8.5x
Q4 25	0.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 19	$6.5B	$4.5B
Q3 19	$4.7B	$2.9B
Q4 19	$2.9B	$626M
Q1 20	-$473M	-$2.3B
Q2 20	$9.1B	$7.9B
Q3 20	$11.1B	$9.8B
Q4 20	$4.5B	$3.0B
Q1 21	$4.5B	$3.1B
Q4 21	$3.5B	$1.8B
Q1 22	-$1.1B	-$2.5B
Q1 24	$1.4B	-$709M
Q2 24	$5.5B	$3.4B
Q3 24	$5.5B	$3.5B
Q1 25	$3.7B	$1.9B
Q3 25	$7.4B	$5.3B
Q4 25	$3.9B	$1.1B

Capital Expenditures

Quarter	CapEx
Q2 19	$1.9B
Q3 19	$1.8B
Q4 19	$2.3B
Q1 20	$1.8B
Q2 20	$1.2B
Q3 20	$1.3B
Q4 20	$1.5B
Q1 21	$1.4B
Q4 21	$1.8B
Q1 22	$1.4B
Q1 24	$2.1B
Q2 24	$2.1B
Q3 24	$2.0B
Q1 25	$1.8B
Q3 25	$2.1B
Q4 25	$2.8B

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 19	-0.2%	+0.1%
Q3 19	-1.8%	+1.4%
Q4 19	-5.0%	-2.5%
Q1 20	-14.9%	-7.7%
Q2 20	-50.1%	-43.4%
Q3 20	+1.4%	-6.7%
Q4 20	-9.5%	-3.3%
Q1 21	+5.6%	-6.2%
Q4 21	+94.5%	+67.2%
Q1 22	-8.1%	-5.2%
Q1 24	+19.0%	+7.1%
Q2 24	+32.0%	+35.7%
Q3 24	+22.6%	+24.3%
Q1 25	+17.9%	+22.5%
Q3 25	+18.1%	+17.8%
Q4 25	-4.0%	+1.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 19	$84M	0.2%
Q3 19	$69M	0.2%
Q4 19	-$10M	-0.0%
Q1 20	$38M	0.1%
Q2 20	$69M	0.4%
Q3 20	$63M	0.2%
Q4 20	$29M	0.1%
Q1 21	$41M	0.1%
Q4 21	$43M	0.1%
Q1 22	$67M	0.2%
Q1 24	$126M	0.3%
Q2 24	$149M	0.3%
Q3 24	$129M	0.3%
Q1 25	$121M	0.3%
Q3 25	$0	0.0%
Q4 25	$101M	0.2%

OpEx Breakdown

Quarter	SG&A
Q2 19	$2.7B
Q3 19	$2.6B
Q4 19	$3.0B
Q1 20	$2.4B
Q2 20	$2.0B
Q3 20	$2.3B
Q4 20	$3.5B
Q1 21	$2.8B
Q4 21	$3.2B
Q1 22	$2.7B
Q1 24	$2.5B
Q2 24	$2.8B
Q3 24	$2.6B
Q1 25	$2.6B
Q3 25	$2.9B
Q4 25	$2.6B

Revenue Segments

Quarter	Automotive Segment	Ford Credit	Mobility Segment	Company excluding Ford Credit
Q2 19	$35.8B	$3.1B	$6M	—
Q3 19	$33.9B	$3.0B	$14M	—
Q4 19	$36.7B	$3.0B	$15M	—
Q1 20	$31.3B	$3.0B	$13M	—
Q2 20	$16.6B	$2.7B	$10M	—
Q3 20	$34.7B	$2.8B	$20M	—
Q4 20	$33.2B	$2.7B	$13M	—
Q1 21	—	$2.7B	—	$33.6B
Q4 21	—	$2.4B	—	$35.3B
Q1 22	—	$2.3B	—	$32.2B
Q1 24	—	$2.9B	—	$39.9B
Q2 24	—	$3.0B	—	$44.8B
Q3 24	—	$3.1B	—	$43.1B
Q1 25	—	$3.2B	—	$37.4B
Q3 25	—	$3.3B	—	$47.2B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$21.0B	$20.2B	$41.2B
Q2 22	$19.5B	$17.2B	$36.7B
Q3 22	$21.5B	$18.6B	$40.2B
Q4 22	$25.1B	$18.9B	$44.1B
Q1 23	$22.1B	$17.4B	$39.5B
Q2 23	$26.4B	$16.4B	$42.8B
Q3 23	$26.4B	$14.7B	$41.1B
Q4 23	$24.9B	$15.3B	$40.2B
Q1 24	$19.7B	$14.7B	$34.5B
Q2 24	$20.0B	$14.6B	$34.6B
Q3 24	$23.4B	$13.5B	$36.9B
Q4 24	$22.9B	$15.4B	$38.3B
Q1 25	$20.9B	$14.4B	$35.2B
Q2 25	$23.0B	$14.5B	$37.5B
Q3 25	$26.8B	$15.4B	$42.2B
Q4 25	$23.4B	$15.1B	$38.5B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 19	4.01B	+0.4%	+0.4%
Q3 19	4.01B	-0.1%	+0.2%
Q4 19	4.01B	-0.0%	+0.2%
Q1 20	3.96B	-1.1%	-0.9%
Q2 20	3.99B	+0.7%	-0.5%
Q3 20	4.00B	+0.3%	-0.0%
Q4 20	3.99B	-0.3%	-0.3%
Q1 21	4.02B	+0.5%	+1.3%
Q4 21	4.02B	+0.1%	+0.7%
Q1 22	4.01B	-0.3%	+0.1%
Q1 24	4.02B	+0.4%	+0.7%
Q2 24	4.02B	-0.0%	+0.1%
Q3 24	4.02B	-0.1%	-0.1%
Q1 25	4.01B	-0.2%	+0.1%
Q3 25	4.05B	+0.9%	+0.6%
Q4 25	3.98B	-1.7%	-1.1%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 19	$195.2K	199K
Q3 19	$185.9K	199K
Q4 19	$209.0K	190K
Q1 20	$180.6K	190K
Q2 20	$102.0K	190K
Q3 20	$197.4K	190K
Q4 20	$193.3K	186K
Q1 21	$194.8K	186K
Q4 21	$205.9K	183K
Q1 22	$188.4K	183K
Q1 24	$241.7K	177K
Q2 24	$270.1K	177K
Q3 24	$261.0K	177K
Q1 25	$237.8K	171K
Q3 25	$295.5K	171K
Q4 25	$271.5K	169K

Revenue / Employee