Ford F

Automobiles. Ford Motor Company, listed on NYSE.

Based on the FY2025 annual report (Jan 2025 – Dec 2025)

Ford's market cap is
about $51.07 billion.

#211 by market cap among 289 companies, based on the Nov 5, 2026 close. FY2025 revenue was $187.267B.

Share price (close): $12.53; Close on Nov 5, 2026 · per share
P/E ratio: —; Net loss, or no EPS reported
Market cap: $51.07B; #211 of 289
Revenue: $187.267B; #18 of 299 · +1.2% YoY
Operating income: −$9.169B; #231 of 231 · −275.7% YoY
Net income: −$8.162B; #298 of 298 · −238.5% YoY
Free cash flow: $12.467B; #30 of 261 · +85.0% YoY
Total assets: $289.16B; #29 of 299 · +1.4% YoY
Dividends paid: $2.989B; #52 of 214 · −4.1% YoY
Dividend per share: $0.75; #183 of 205 · −3.8% YoY
Dividend yield: 6.0%; #1 of 203
Shares outstanding: 3,979,000,000 shares; As of Dec 31, 2025

Where the revenue went

Revenue is set at 100% and split into what went to costs, R&D, operating expenses and taxes, and what was left as profit.

Cost of revenue93.2%
R&D5.0%
SG&A and other6.7%
Loss4.4%

Non-operating gains such as investment income (0.5% of revenue) offset part of the loss, so the net loss is smaller than the operating loss.

Profitability and stability

Each figure comes with its rank among 300 companies. The further right the dot, the higher the rank.

Revenue growthHow much revenue grew from the previous fiscal year: +1.2%; #250 of 299; Revenue was roughly flat. The median across 299 companies is +7.9%.
Operating marginShare of revenue kept as profit from the core business: −4.9%; #223 of 231; The core business lost money. The median across 231 companies is 19.2%.
Net marginShare of revenue left as profit after interest and taxes: −4.4%; #290 of 298; The company lost the equivalent of 4.4% of revenue. The median across 298 companies is 14.0%.
FCF marginShare of revenue left as cash after capital spending: 6.7%; #205 of 261; Cash is left over after capital spending. The median across 261 companies is 15.8%.
ROEHow much profit the company earned on shareholders' equity in a year: −20.2%; #270 of 276; ROE is negative because of a net loss. The median across 276 companies is 16.8%.
Debt-to-equityLiabilities relative to equity. Lower means less debt: 704.2%; #226 of 244; Liabilities are more than twice equity. The median across 244 companies is 159.6%.

Revenue and profit over time

Gray bars show revenue and the green part inside shows net income. The number above each bar is revenue (abbreviated) and the number below is net margin. Hover over a bar to see the exact amounts.

Currency: US dollars. Years are the years in which each fiscal year ended.

Where the cash went

Unlike profit, cash flow is money that actually came in and went out.

Cash from operations$21.282B
Capital spending−$8.815B
Free cash flow (FCF)$12.467B
Dividends paid−$2.989B

Whose money funds the assets

The company's assets, split into borrowed money (liabilities) and shareholders' money (equity).

Liabilities 88%Equity 12%

Total assets$289.16B
Total liabilities$253.18B
Total equity$35.952B
Cash and equivalents$23.356B

Compared with similar companies

Based on each company's latest annual report, so fiscal year ends may differ.

Compare in detail

Company	Annual revenue	Net income	Revenue growth	Operating margin	Net margin
FordF	$187.267B	−$8.162B	+1.2%	−4.9%	−4.4%
General MotorsGM	$185.019B	$2.697B	−1.3%	1.6%	1.5%
TeslaTSLA	$94.827B	$3.794B	−2.9%	4.6%	4.0%

What the company does

Ford is a US automaker known for the F-150 pickup, the Mustang and commercial vehicles.

The fiscal year ends around December each year.

Related companies: General Motors, Tesla

Financial statements

Last 5 fiscal years. Currency: US dollars.

Show the table

Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	136.341B	158.057B	176.191B	184.992B	187.267B
Cost of revenue	114.651B	134.397B	150.55B	158.434B	174.466B
Gross profit	21.69B	23.66B	25.641B	26.558B	12.801B
R&D expense	7.6B	7.8B	8.2B	8B	9.4B
Operating income	4.523B	6.276B	5.458B	5.219B	−9.169B
Pretax income	17.78B	−3.016B	3.967B	7.233B	−11.83B
Net income	17.937B	−1.981B	4.329B	5.894B	−8.162B
EPS (diluted)	$4.45	$-0.49	$1.08	$1.46	$-2.06
Operating cash flow	15.787B	6.853B	14.918B	15.423B	21.282B
Capital expenditures	6.227B	6.866B	8.236B	8.684B	8.815B
Free cash flow (FCF)	9.56B	−13M	6.682B	6.739B	12.467B
Dividends paid	403M	2.009B	4.995B	3.118B	2.989B
Total assets	257.035B	255.884B	273.31B	285.196B	289.16B
Total liabilities	208.413B	212.717B	230.512B	240.338B	253.18B
Total equity	48.519B	43.242B	42.798B	44.835B	35.952B
Cash and equivalents	20.737B	25.34B	25.11B	22.935B	23.356B
Original filing	10-K	10-K	10-K	10-K	10-K

Source: SEC EDGAR filings for Ford Motor Company · CIK 0000037996 · US-GAAP