F FORD MOTOR CO

Overview and Growth

In fiscal 2025, FORD MOTOR CO recorded $187.27B of revenue, net loss of $8.18B, and an operating cash inflow of $21.28B. Revenue of $187.27B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Revenue was 1.2% above fiscal 2024 revenue of $184.99B, marking a year-over-year increase. Diluted earnings per share were -$2.06, translating the period’s attributable earnings into the amount reported for each diluted share. The per-share result recorded a 241.1% decrease from fiscal 2024 diluted EPS of $1.46. Total assets stood at $289.16B, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 0.65x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $12.80B of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 6.8% of revenue, quantifying the portion retained before operating expenses were recognized. The company recorded an operating loss of $9.17B after the reported operating expense base. An operating margin of -4.9% reflected costs exceeding revenue-level gross profit by 4.9% of sales. The company ended the period with a net loss of $8.18B, extending the operating result through all remaining items. Net margin was -4.4%, reflecting a loss equal to 4.4% of reported revenue. Before income taxes, the company recorded a loss of $11.83B, bridging the operating result to the final net loss. Pretax margin was -6.3%, reflecting a pre-tax loss equal to 6.3% of revenue. The reported tax benefit was $3.67B, favorably bridging the pretax and after-tax results. The loss-to-equity relationship was 22.7%, placing the bottom-line deficit against shareholder capital. The net loss equaled 2.8% of period-end assets, showing the deficit relative to the asset base.

Liquidity and Capital Structure

The company held $289.16B of assets against $253.18B of liabilities and $35.98B of equity, revealing how the asset base was financed. Current assets were $123.49B against $114.89B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 1.07x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $23.36B, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 20.3% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Liabilities represented 87.6% of total assets, quantifying the liability-funded share of the company’s resource base. Cash and equivalents equaled 8.1% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $285.20B in fiscal 2024, the current asset base moved 1.4% and finished higher. Reported equity changed 19.8% from $44.86B in fiscal 2024, placing the current capital base lower year over year. Compared with $22.93B in fiscal 2024, the current cash balance moved 1.8% and finished higher.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $21.28B, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. Capital spending was $8.81B, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 41.4% of operating cash flow, quantifying the share of cash from operations directed to investment. The combination of operating cash flow and capital spending produced $12.47B of positive free cash flow for the period. Relative to revenue, free cash flow equaled 6.7%, showing how much sales converted into cash after investment. Measured against total assets, free cash flow represented 4.3%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.