Ford Motor Company
FFinancial Snapshot
ticker: F step: 04 generated: 2026-05-12 source: quick-research
Ford Motor Company (F) — Financial Snapshot
Income Statement Summary
| Metric | FY2022 | FY2023 | FY2024 | YoY |
|---|---|---|---|---|
| Revenue | ~$158B | $176.2B | $185.0B | +5% |
| Gross Margin | ~10% | ~10% | ~10% | |
| EBIT (adjusted) | ~$9.3B | ~$10.4B | $10.2B | -2% |
| Net Income | ~$1.7B | ~$4.3B | $5.9B | +35% |
| EPS (diluted) | ~$0.42 | $1.09 | $1.48 | +36% |
Note: Net income in FY2022 was depressed by investment losses. Ford Pro EBIT margin exceeds 11%; Model e generated ~$5.1B loss in FY2024.
Cash Flow & Balance Sheet (FY2024)
| Metric | Value |
|---|---|
| Operating Cash Flow | ~$7.5B |
| Free Cash Flow (adj.) | ~$6.7B |
| Cash & Equivalents | ~$25B |
| Total Debt (incl. Ford Credit) | ~$100B+ |
Note: Ford Credit's ~$80B+ debt is financing-specific and offset by corresponding receivables; automotive net cash position is meaningfully positive.
Key Ratios (approximate)
- P/E: ~8–10x | EV/EBITDA: ~5–6x | Dividend Yield: ~6–7%
- Revenue Growth (FY2024): +5% | Net Margin: ~3% | FCF Yield: ~13–15%
Growth Profile
Ford's revenue has grown steadily, but EBIT is under significant pressure in 2025 as tariffs ($2.5B gross impact) and EV losses ($5–5.5B) constrain profitability. FY2025 adjusted EBIT guidance was reduced to $7–8.5B (from $10.2B in FY2024) following tariff uncertainty, and the company suspended annual guidance mid-year. Ford Pro remains the growth engine, with 11%+ EBIT margins and software subscriptions (818K paid) growing rapidly.
Forward Estimates
- FY2026: Adjusted EBIT guided at $8–10B; adj. FCF $5–6B — recovery contingent on tariff resolution and EV loss trajectory narrowing
- Model e: Losses expected to persist at ~$5B+ annually until affordable EV platform launches in 2027
Deeper Financial Analysis
The fundamental tier adds 9 additional research dimensions for $F.