FORD MOTOR CO

10-K & 10-Q Filings

Ford Motor Company is a global automaker based in Dearborn, Michigan, with approximately 177,000 employees worldwide. The company's business strategy, as of January 1, 2023, includes a new operating model and reporting structure with five reportable segments: Ford Blue, Ford Model e, Ford Pro, Ford Next, and Ford Credit. Ford Blue focuses on developing Ford and Lincoln ICE and hybrid vehicles, Ford Model e on electric vehicles and digital technologies, Ford Pro on commercial, government, and rental customers, Ford Next on emerging business initiatives, and Ford Credit on vehicle-related financing and leasing activities. The company sells vehicles through dealerships, primarily in the United States, China, Canada, the United Kingdom, Germany, Türkiye, Italy, France, and other markets. Ford's website is located at http://corporate.ford.com, and its ticker symbol is F.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$136264.00
134252.00
146917.00
144077.00
149558.00
151800.00
156776.00
160338.00
155900.00
127144.00
136341.00
158057.00
176191.00
41474.00
42777.00
2.16%3.14%Cost of Revenue (-)
$113345.00
112578.00
125234.00
123516.00
124041.00
135488.00
140436.00
136269.00
134693.00
112752.00
114651.00
134397.00
150550.00
34669.00
36476.00
2.39%5.21%Gross Profit (+)
$22919.00
21674.00
21683.00
20561.00
25517.00
16312.00
16340.00
24069.00
21207.00
14392.00
21690.00
23660.00
25641.00
6805.00
6301.00
0.94%-7.41%Selling, General & Administrative (-)
$11578.00
12182.00
13176.00
14117.00
14999.00
12196.00
11527.00
11403.00
11161.00
10193.00
11915.00
10888.00
10702.00
2506.00
2376.00
-0.65%-5.19%Depreciation & Amortization (-)
$1843.00
2524.00
Operating Expenses (-)
$15976.00
15358.00
16244.00
17121.00
17870.00
12196.00
11527.00
11403.00
20633.00
18800.00
17167.00
17384.00
20183.00
4692.00
5076.00
1.97%8.18%Costs & Expenses (Total) (-)
$129321.00
127961.00
141478.00
140637.00
141911.00
147684.00
151963.00
147672.00
155326.00
131552.00
131818.00
151781.00
170733.00
39361.00
41552.00
2.34%5.57%Operating Income/Loss (+)
$5763.00
6291.00
5439.00
3440.00
7647.00
4116.00
4813.00
3203.00
574.00
-4408.00
4523.00
6276.00
5458.00
2113.00
1225.00
-0.45%-42.03%Non-operating Income/Expense (+)
$500.00
588.00
1069.00
1275.00
1818.00
1794.00
4468.00
2370.00
-194.00
4941.00
15060.00
-8033.00
-189.00
354.00
665.00
87.85%Interest Expense (-)
$4431.00
3828.00
3689.00
3496.00
3227.00
894.00
1133.00
10691.00
5466.00
1649.00
1803.00
1259.00
1302.00
308.00
278.00
-9.70%-9.74%Earnings before Tax (+)
$8681.00
7720.00
7001.00
4342.00
10252.00
6796.00
8148.00
4345.00
-640.00
-1116.00
17780.00
-3016.00
3967.00
2159.00
1612.00
-6.32%-25.34%Tax Expense (-)
$-11541.00
2056.00
-147.00
1156.00
2881.00
2189.00
520.00
650.00
-724.00
160.00
-130.00
-864.00
-362.00
496.00
278.00
-43.95%Income/Loss (Continuing Operations) (+)
$20222.00
5664.00
7148.00
3186.00
7371.00
4607.00
7628.00
3695.00
84.00
-1276.00
17910.00
-2152.00
4329.00
1663.00
1334.00
-12.05%-19.78%Income/Loss (Discontinued Operations) (+)
$
Profit/Loss (+)
$20222.00
5664.00
7148.00
3186.00
7371.00
4607.00
7628.00
3695.00
84.00
-1276.00
17910.00
-2152.00
4329.00
1663.00
1334.00
-12.05%-19.78%Net Income/Loss (NCI) (-)
$9.00
-1.00
-7.00
-1.00
-2.00
11.00
26.00
18.00
37.00
3.00
-27.00
-171.00
-18.00
-94.00
2.00
102.13%Net Income/Loss (+)
$20213.00
5665.00
7155.00
3187.00
7373.00
4596.00
7602.00
3677.00
47.00
-1279.00
17937.00
-1981.00
4347.00
1757.00
1332.00
-12.02%-24.19%Net Income/Loss (Common) (+)
$20213.00
5665.00
7155.00
3187.00
7373.00
4596.00
7602.00
3677.00
47.00
-1279.00
17937.00
-1981.00
4347.00
1757.00
1332.00
-12.02%-24.19%EPS (Basic)
$5.33
1.48
1.82
0.81
1.86
1.16
1.91
0.93
0.01
-0.32
4.49
-0.49
1.09
0.44
0.33
-12.39%-25.00%EPS (Diluted)
$4.94
1.42
1.76
0.80
1.84
1.15
1.90
0.92
0.01
-0.32
4.45
-0.49
1.08
0.44
0.33
-11.90%-25.00%Weighted Avg Shares (Basic)
3729.89
3851.40
3872.97
3885.09
3898.66
3903.45
3902.50
3907.70
3972.00
3973.00
3991.00
4014.00
3998.00
3990.00
3979.00
0.58%-0.28%Weighted Avg Shares (Diluted)
4004.00
3973.00
4034.00
4014.00
4041.00
4029.00
4023.00
-0.15%Cash
$17148.00
15659.00
14468.00
10757.00
14272.00
15905.00
18492.00
16718.00
17504.00
25243.00
20540.00
25134.00
24862.00
22144.00
19721.00
3.14%-10.94%Short-term Investments
$14984.00
18178.00
20157.00
17135.00
18181.00
22922.00
20435.00
17233.00
17147.00
24718.00
29053.00
18936.00
15309.00
17369.00
14742.00
0.18%-15.12%Receivables
$13662.00
16189.00
15469.00
17497.00
16457.00
57368.00
62809.00
65548.00
62888.00
52394.00
43913.00
54449.00
62026.00
55270.00
63298.00
13.44%14.53%Inventory
$5901.00
7362.00
7708.00
7866.00
8319.00
8898.00
10277.00
11220.00
10786.00
10808.00
12065.00
14080.00
15651.00
16212.00
18632.00
8.47%14.93%Other Assets (Current)
$15682.00
21063.00
22592.00
26603.00
5515.00
3368.00
3889.00
3930.00
5722.00
3581.00
3425.00
3877.00
3633.00
4128.00
4202.00
-11.47%1.79%Assets (Current)
$38147.00
43175.00
42457.00
40442.00
42574.00
108461.00
115902.00
114649.00
114047.00
116744.00
108996.00
116476.00
121481.00
115123.00
120595.00
10.13%4.75%Securities & Long-term Investments
$2936.00
3246.00
3679.00
3357.00
3224.00
3304.00
3085.00
2709.00
2519.00
4901.00
4545.00
2798.00
5548.00
3448.00
6336.00
5.45%83.76%Property, Plant & Equipment (Net)
$22371.00
24942.00
27616.00
30126.00
30163.00
32072.00
35327.00
36178.00
65699.00
65034.00
37139.00
37265.00
40821.00
37970.00
40515.00
5.14%6.70%Goodwill & Intangibles
$100.00
87.00
Other Assets
$114794.00
119104.00
128274.00
134602.00
148964.00
94139.00
103558.00
103031.00
76284.00
80582.00
106355.00
99345.00
105460.00
100259.00
106895.00
-0.70%6.62%Assets (Non-current)
$140201.00
147379.00
159569.00
168085.00
182351.00
129515.00
141970.00
141918.00
144502.00
150517.00
148039.00
139408.00
151829.00
141677.00
153746.00
0.67%8.52%Assets (Total)
$178348.00
190554.00
202026.00
208527.00
224925.00
237951.00
257808.00
256540.00
258537.00
267261.00
257035.00
255884.00
273310.00
256800.00
274341.00
3.62%6.83%Accounts Payable
$31739.00
34415.00
19531.00
20035.00
20272.00
21296.00
23282.00
21520.00
20673.00
22204.00
22349.00
25605.00
25992.00
26028.00
27384.00
-1.65%5.21%Debt (Current)
$1033.00
1386.00
1257.00
2501.00
1779.00
49669.00
51621.00
53493.00
53946.00
51343.00
49692.00
50164.00
49669.00
48050.00
49790.00
38.09%3.62%Other Liabilities (Current)
$53.00
53173.00
16215.00
17572.00
17595.00
19316.00
19697.00
20556.00
23513.00
23645.00
18686.00
21097.00
25870.00
21827.00
26032.00
67.51%19.27%Liabilities (Current)
$32825.00
35228.00
37003.00
40108.00
39646.00
90281.00
94600.00
95569.00
98132.00
97192.00
90727.00
96866.00
101531.00
95905.00
103206.00
9.87%7.61%Debt (Non-current)
$111750.00
12870.00
14426.00
11323.00
11060.00
236271.00
256953.00
153989.00
152826.00
110341.00
88400.00
88805.00
99562.00
91242.00
99625.00
-0.96%9.19%Other Liabilities
$18702.00
126145.00
123850.00
131922.00
145468.00
233759.00
248320.00
244783.00
251140.00
28917.00
29286.00
27046.00
29419.00
27456.00
28613.00
3.85%4.21%Liabilities (Non-current)
$130452.00
139015.00
138276.00
143245.00
156528.00
118387.00
128192.00
124905.00
127175.00
139258.00
117686.00
115851.00
128981.00
118698.00
128238.00
-0.09%8.04%Liabilities (Total)
$163277.00
174243.00
175279.00
183353.00
196174.00
208668.00
222792.00
220474.00
225307.00
236450.00
208413.00
212717.00
230512.00
214603.00
231444.00
2.92%7.85%Treasury Stock
$166.00
292.00
506.00
848.00
977.00
1122.00
1253.00
1417.00
1613.00
1590.00
1563.00
2047.00
2384.00
2047.00
2384.00
24.86%16.46%Retained Earnings
$12985.00
18077.00
23658.00
24556.00
14414.00
15634.00
21218.00
22668.00
20320.00
18243.00
35769.00
31754.00
31029.00
30270.00
31019.00
7.53%2.47%AOCI
$-18734.00
-22854.00
-18231.00
-20032.00
-6257.00
-7013.00
-6959.00
-7366.00
-7728.00
-8294.00
-8339.00
-9339.00
-9042.00
-8788.00
-8932.00
-1.64%Shareholder's Equity
$15071.00
15989.00
26416.00
24832.00
28657.00
29187.00
34918.00
35966.00
33230.00
30811.00
48622.00
43167.00
42798.00
42197.00
42897.00
9.09%1.66%Liabilities & Equity
$178348.00
190554.00
202026.00
208527.00
224925.00
237951.00
257808.00
256540.00
258537.00
267261.00
257035.00
255884.00
273310.00
256800.00
274341.00
3.62%6.83%Net Income/Loss
$
3186.00
7371.00
4607.00
7628.00
3695.00
84.00
-1276.00
17910.00
-2152.00
4329.00
1663.00
1334.00
-19.78%Depreciation & Amortization
$
7423.00
7966.00
8717.00
8453.00
8308.00
8490.00
7457.00
5960.00
6493.00
6523.00
1625.00
1505.00
-7.38%Increase/Decrease in Working Capital
$
-1962.00
-3040.00
-2925.00
-2833.00
-3714.00
-6204.00
-18998.00
-4701.00
7051.00
-1163.00
1032.00
1748.00
69.38%Share-based Compensation
$
1429.00
710.00
2877.00
246.00
191.00
2853.00
1226.00
-4560.00
-42.00
3512.00
403.00
292.00
-27.54%Adjustments to Reconcile Net Income
$
11363.00
8799.00
15185.00
10468.00
11327.00
17555.00
25545.00
-2123.00
9005.00
10598.00
1141.00
51.00
-95.53%Net Cash (Operating)
$9784.00
9045.00
10444.00
14507.00
16170.00
19792.00
18096.00
15022.00
17639.00
24269.00
15787.00
6853.00
14918.00
2800.00
1385.00
3.58%-50.54%Capital Expenditure
$4029.00
5231.00
6588.00
7463.00
7196.00
6992.00
7049.00
7785.00
7632.00
4402.00
6082.00
7155.00
10969.00
2479.00
2733.00
8.70%10.25%Net Cash (Investing)
$-3041.00
-14290.00
-19731.00
-21124.00
-26162.00
-25352.00
-19392.00
-16261.00
-13721.00
-18615.00
2745.00
-4347.00
-17628.00
-1977.00
-5880.00
-197.42%Increase/Decrease in Debt
$-4333.00
4434.00
9663.00
7314.00
17148.00
11028.00
6260.00
3139.00
-277.00
3095.00
-22990.00
5275.00
8155.00
-541.00
1062.00
296.30%Increase/Decrease in Equity
$
-125.00
-213.00
-1964.00
-129.00
-145.00
-131.00
-164.00
-237.00
-484.00
-335.00
Dividends Paid
$
763.00
1574.00
1952.00
2380.00
3376.00
2584.00
2905.00
2389.00
596.00
403.00
2009.00
4995.00
3193.00
1326.00
-58.47%Net Cash (Financing)
$-4241.00
3705.00
8133.00
3423.00
14322.00
7458.00
3394.00
-122.00
-3129.00
2315.00
-23498.00
2511.00
2584.00
-3874.00
-458.00
88.18%Effect of Exchange Rate
$-159.00
51.00
-37.00
-517.00
-815.00
-265.00
489.00
-370.00
45.00
225.00
-232.00
-414.00
-104.00
70.00
-171.00
-344.29%Increase/Decrease in Cash
$2343.00
-1489.00
-1191.00
-3711.00
3515.00
1633.00
2587.00
-1731.00
834.00
8194.00
-5198.00
4603.00
-230.00
-2981.00
-5124.00
-71.89%Cash (Beginning)
$14805.00
17148.00
15659.00
14468.00
10757.00
14272.00
15905.00
17741.00
25935.00
20737.00
25340.00
25340.00
25110.00
4.58%-0.91%Cash (Ending)
$17148.00
15659.00
14468.00
10757.00
14272.00
15905.00
18492.00
16718.00
17504.00
51178.00
41277.00
25340.00
25110.00
22359.00
19986.00
3.23%-10.61%NOPAT
$13424.65
4615.57
5553.20
2524.15
5498.05
2790.23
4505.84
2723.84
1223.34
-3776.03
4556.07
8073.90
5956.06
1627.57
1013.74
-6.55%-37.71%Gross Margin %
16.82%
16.14%
14.76%
14.27%
17.06%
10.75%
10.42%
15.01%
13.60%
11.32%
15.91%
14.97%
14.55%
16.41%
14.73%
Operating Margin %
4.23%
4.69%
3.70%
2.39%
5.11%
2.71%
3.07%
2.00%
0.37%
-3.47%
3.32%
3.97%
3.10%
5.09%
2.86%
NOPAT Margin %
9.85%
3.44%
3.78%
1.75%
3.68%
1.84%
2.87%
1.70%
0.78%
-2.97%
3.34%
5.11%
3.38%
3.92%
2.37%
Net Margin %
14.83%
4.22%
4.87%
2.21%
4.93%
3.03%
4.85%
2.29%
0.03%
-1.01%
13.16%
-1.25%
2.47%
4.24%
3.11%
Tax Rate %
-132.95%
26.63%
-2.10%
26.62%
28.10%
32.21%
6.38%
14.96%
-113.13%
14.34%
-0.73%
-28.65%
-9.13%
22.97%
17.25%
ROA
7.53%
2.42%
2.75%
1.21%
2.44%
1.17%
1.75%
1.06%
0.47%
-1.41%
1.77%
3.16%
2.18%
0.63%
0.37%
ROE
89.08%
28.87%
21.02%
10.16%
19.19%
9.56%
12.90%
7.57%
3.68%
-12.26%
9.37%
18.70%
13.92%
3.86%
2.36%
ROIC
56.18%
459.86%
14.76%
6.74%
13.70%
3.38%
4.95%
2.80%
1.00%
-3.53%
6.07%
9.45%
6.13%
2.12%
1.17%
Asset Turnover
0.76
0.70
0.73
0.69
0.66
0.64
0.61
0.63
0.60
0.48
0.53
0.62
0.64
0.16
0.16
Inventory Turnover
19.21
15.29
16.25
15.70
14.91
15.23
13.67
12.15
12.49
10.43
9.50
9.55
9.62
2.14
1.96
Equity Multiplier
11.83
11.92
7.65
8.40
7.85
8.15
7.38
7.13
7.78
8.67
5.29
5.93
6.39
6.09
6.40
Current Ratio
2.05
0.88
2.17
1.99
1.58
1.20
1.23
1.20
1.16
1.20
1.20
1.20
1.20
1.20
1.17
Quick Ratio
1.40
0.56
1.35
1.13
1.23
1.07
1.08
1.04
0.99
1.05
1.03
1.02
1.01
0.99
0.95
Debt/Equity Ratio
7.48
0.89
0.59
0.56
0.45
9.80
8.84
5.77
6.22
5.25
2.84
3.22
3.49
3.30
3.48
Working Capital/Sales
0.01
-0.18
0.07
0.05
0.07
0.33
0.35
0.38
0.36
0.33
0.28
0.30
0.32
0.93
1.07
Dividend Payout Ratio %
16.53%
28.34%
77.33%
43.29%
120.99%
57.35%
106.65%
195.29%
15.78%
8.85%
24.88%
83.86%
196.18%
130.80%
Total Payout
$4333.00
-3546.00
-7876.00
-3398.00
-14639.00
-7507.00
-3545.00
-70.00
2903.00
-2499.00
23393.00
-2782.00
-2825.00
3734.00
264.00
-92.93%Payout Ratio %
32.28%
-76.83%
-141.83%
-134.62%
-266.26%
-269.05%
-78.68%
-2.57%
237.30%
-66.18%
513.45%
-34.46%
-47.43%
229.42%
26.04%