Ford Motor Company

Auto Manufacturers

FStrained6 of 10 basics passed

$12.16

-0.73%

Market cap $48.5B

$12.16

-0.73%

Market cap $48.5B

Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In 2022, the company announced that it would run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor.

It is a $48.5B consumer company. Revenue grew 1.5% over the last year, it currently loses money, and its net debt equals ~17.1 years of free cash flow.

Website: ford.com
Location: Dearborn, MI
Employees: 169 000
Sector: Consumer Cyclical
Founded: 1903

Share price · 3 years

$12.20 → $12.16-0.3%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $188B
Loss: spends more than it earns; -$7.40B
Free cash flow: cash left after running the business; $7.28B
Net debt: debt minus cash on hand; $125B
Dividend: pays out 24% of profit · 33% of FCF; 4.95%
Shares: down 13% since 2016 — buybacks; 3.98B
Volatility: beta vs the market — under 1 swings less; 1.93

Revenue, last 10 years

52-week range

Low $11.21$12.16High $17.44

Today's price is 15% of the way from the year's low to its high.

P/E vs its history5y

9.5×median 11.3×

Higher than 38% of past days — around the middle of its own history.

Valuation vs own history

P/E

9.5×

61%

P/S

0.3×

71%

EV/EBITDA

96.7×

17%

P/B

1.4×

26%

FCF yield

15.0%

64%

Share of the last ~5 years that was pricier than today (in line with its own history). Based on the daily valuation record.

Standing in Consumer Cyclical

Size$48.5Btop 26%
Revenue growth+6%top 54%
Net margin-4%top 98%
Return on equity-19%top 96%
Dividend yield4.95%top 3%

Ranked against 99 Consumer Cyclical companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Growth, Profitability, Health and Moat lag behind.

Valuation70

P/E vs own history38th pct · 20/25
FCF yield15.0% · 25/25
P/S0.3x · 25/25
EV/EBITDA238.6x · 0/25

Growth12

Revenue CAGR8.3% · 12/25
Net income CAGRn/a · 0/25
EPS CAGR ~5Yn/a · 0/25
Fwd implied growthn/a · 0/25

Profitability0

ROIC-5.1% · 0/25
ROE-18.9% · 0/25
Net margin-3.9% · 0/25
Operating margin-3.7% · 0/25

Health17

Altman Zn/a · 0/25
Current ratio1.09 · 12/25
Interest coverage-3.5x · 0/25
Net cash / debtD/A 43% · 5/25

Quality55

Piotroski F4/9 · 10/25
Beneish M-2.50 · 20/25
FCF conversion-98% · 0/25
Margin stabilityσ 3.4% · 25/25

Moat23

ROIC >12% years0/10 yrs · 0/25
Median gross margin14.8% · 0/25
FCF-positive years9/10 yrs · 18/25
Worst-year net marginworst -4.4% · 5/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2021Financial
Best year on record
$17.9B net income
FY2016Financial
First recorded profitable year
$4.60B net income
FY2016Financial
Revenue already above $100B
$152B in first reported year
Mar 9, 2010Product
Ford launched its first made-for-India compact car
Mar 12, 2007Acquisition
Ford acquired the British sports car maker Aston Martin in 1989, later selling it on March 12, 2007, although…
1997Acquisition
Kia had declared bankruptcy in 1997; in 1998, Hyundai Motor Company acquired 51% of the company, outbidding Ford…
1994Acquisition
Ford bought a 45 per cent stake in Samcor following the demise of apartheid in 1994
1957Product
Ford introduced child-proof door locks into its products in 1957
1956IPO
The company went public in 1956 but the Ford family, through special Class B shares, retain 40 percent of the voting…
1947Product
The Ford 8N, introduced in 1947, became the most popular tractor of all time in North America
Jun 16, 1903Founded
It was founded by Henry Ford and incorporated on June 16, 1903
Aug 22, 1902Milestone
This became the Cadillac Motor Company on August 22, 1902, after Ford left with the rights to his name
1885Product
The first gasoline-powered automobile was created in 1885 by the German inventor Karl Benz

Achievements

Verifiable track record, straight from the reported numbers.

#26 largest of 99 Consumer Cyclical companies by market cap

$10 000 invested in 2021 would be worth ~$9 456 today — price return only

$187.3B revenue in FY2025

Positive free cash flow 3 years in a row

169 000 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

No standout strengths in the available data.

Watch-outs

Not profitable — 3.9% net margin
Thin interest coverage (-3.5×)
Loss-making in 3 of the recent years
Net debt equals ~17.1 years of free cash flow

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

6 of 10 checks passed

Revenue growing — the company sells more than a year ago+1.5% YoY
Profitable — makes more than it spends-$7.40B TTM
Profit growing — earnings are higher than last year-239.2% YoY
Generates cash — cash left after running and investing$7.28B TTM
Debt under control — could handle its obligations~17.1y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$48.5B market cap
Not printing shares — share count not ballooning — you keep your slice+0.2% shares over ~5y
Proven track record — years of profitability behind it7/10 profitable years
Financially stable — balance sheet not near distresshealth score 12/100
Pays a dividend — returns cash to shareholdersyield 4.95%
Valuation not extreme — price not wildly above earningsno data

Peer comparisonFord Motor Company vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
F this company	$48.5B	—	+1.5%	-3.9%	Strained
AMZN Amazon.Com Inc	$2.8T	20.9	+15.8%	17.4%	Mixed
TSLA Tesla, Inc.	$1.5T	397.1	+11.8%	3.7%	Strong
NFLX NetFlix Inc	$292.8B	21.4	+16.0%	28.2%	Solid
HD Home Depot, Inc.	$290.4B	20.4	-16.0%	8.7%	Solid
DIS The Walt Disney Company	$186.5B	21.7	+4.6%	8.7%	Solid
MCD McDonald's Corporation	$166.9B	18.9	+6.3%	31.7%	Strained

Head-to-head: F vs AMZN · F vs TSLA · F vs NFLX

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 6Buy 6Hold 16Sell 1

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $188B · net income -$7.40B (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$188B

YoY 1.5%

Net income (TTM)

-$7.40B

Margin -3.9%

Gross margin

7.1%

Operating margin

-3.7%

Dividend yield

4.95%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	127.1	136.3	158.1	176.2	185.0	187.3
Gross profit	14.4	21.7	23.7	25.6	26.6	12.8
Operating income (EBIT)	-4.4	4.5	6.3	5.5	5.2	-9.2
Net income	-1.3	17.9	-2.0	4.3	5.9	-8.2
EPS (diluted)	-0.32	4.45	-0.49	1.08	1.46	-2.06

Cash flowFree cash flow $7.28B · operating cash flow $16.9B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

$7.28B

Margin 3.9%

Operating cash flow (TTM)

$16.9B

FCF margin

3.9%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	24.3	15.8	6.9	14.9	15.4	21.3
Capital expenditure	-5.7	-6.2	-6.9	-8.2	-8.7	-8.8
Free cash flow	18.5	9.6	-0.0	6.7	6.7	12.5
FCF margin	14.6%	7.0%	-0.0%	3.8%	3.6%	6.7%

Balance sheetAssets $289B · net debt $125B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $289B of assets is financed

88%

Liabilities $253B — borrowed moneyEquity $36.0B — owners' stake

Cash vs debt

Total debt $163B − cash $38.5B = net debt $125B

Cash on hand covers 24% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

-3.5x

EBIT ÷ interest expense

ROE

-18.9%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	50.0	49.6	44.1	40.2	38.3	38.5
Total assets	267.3	257.0	255.9	273.3	285.2	289.2
Total liabilities	236.4	208.4	212.7	230.5	240.3	253.2
Total debt	50.3	117.7	119.0	85.3	89.4	163.3
Equity	30.7	48.5	43.2	42.8	44.8	36.0
Net debt	0.3	68.1	75.0	45.1	51.1	124.8

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of F on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $12.16 · market cap $48.5B.