Skip to content
Langmer

Data as of

Ford Return on capital

FFord Motor CompanySEC filings, as filedCross-checked

Key figures

Median ROIC
MissingMedian return on invested capitalROIC: no fiscal year has all the inputs
ROIIC, five years
MissingReturn on incremental invested capital, latest five yearsROIIC 5 years to FY2025: after-tax operating income FY2020 missing — FY2020: pre-tax income at or below zero (−1.1 billion), so there is no effective tax rateFigures used · SEC EDGAR · CIK 00000379960000037996-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-05IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000037996-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-05IncomeTaxExpenseBenefit0000037996-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-05OperatingIncomeLoss
Previous five years: MissingReturn on incremental invested capital, previous five yearsROIIC 5 years to FY2020: after-tax operating income FY2015 missing — FY2015: operating income missing — no figure in the XBRL data for 2015-01-01 to 2015-12-31 (searched: OperatingIncomeLoss; USD)
ROIIC, three years
MissingReturn on incremental invested capital, three yearsROIIC 3 years to FY2025: after-tax operating income FY2022 missing — FY2022: pre-tax income at or below zero (−3.0 billion), so there is no effective tax rateFigures used · SEC EDGAR · CIK 00000379960000037996-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-03IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000037996-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-03IncomeTaxExpenseBenefit0000037996-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-03OperatingIncomeLoss
Owner earnings per share, growth FY2009–FY2025
−9.6%crEstimate B, FY2009–FY2025SEC EDGAR · CIK 00000379960001157523-10-001218 · FY2009 · period ended 2009-12-31 · filed 2010-02-25NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0001157523-10-001218 · FY2009 · period ended 2009-12-31 · filed 2010-02-25PaymentsToAcquireProductiveAssets0001157523-11-001210 · FY2009 · period ended 2009-12-31 · filed 2011-02-28WeightedAverageNumberOfDilutedSharesOutstanding0000037996-26-000015 · FY2025 · period ended 2025-12-31 · filed 2026-02-11NetCashProvidedByUsedInOperatingActivities0000037996-26-000015 · FY2025 · period ended 2025-12-31 · filed 2026-02-11PaymentsToAcquireProductiveAssets0000037996-26-000015 · FY2025 · period ended 2025-12-31 · filed 2026-02-11WeightedAverageNumberOfDilutedSharesOutstandingc: comparative figure from a later filing (WeightedAverageNumberOfDilutedSharesOutstanding FY2009); SEC's structured data has no figure from the fiscal year's own 10-K.r: a later 10-K shows a different figure for NetCashProvidedByUsedInOperatingActivitiesContinuingOperations FY2009; PaymentsToAcquireProductiveAssets FY2009. As filed is shown.
Estimates positive in both years: 1 of 3 (B). One estimate is not a range.

Year by year

Owner earnings per diluted share under up to three estimates (see methodology)
Fiscal yearOwner earnings AOwner earnings B
2009$1.76crOwner earnings per share, estimate A, FY2009SEC EDGAR · CIK 00000379960000037996-12-000007 · FY2009 · period ended 2009-12-31 · filed 2012-02-21DepreciationDepletionAndAmortization0001157523-10-001218 · FY2009 · period ended 2009-12-31 · filed 2010-02-25NetIncomeLoss0001157523-10-001218 · FY2009 · period ended 2009-12-31 · filed 2010-02-25PaymentsToAcquireProductiveAssets0001157523-11-001210 · FY2009 · period ended 2009-12-31 · filed 2011-02-28WeightedAverageNumberOfDilutedSharesOutstandingc: comparative figure from a later filing (DepreciationDepletionAndAmortization FY2009; WeightedAverageNumberOfDilutedSharesOutstanding FY2009); SEC's structured data has no figure from the fiscal year's own 10-K.r: a later 10-K shows a different figure for PaymentsToAcquireProductiveAssets FY2009. As filed is shown.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$3.47crOwner earnings per share, estimate B, FY2009SEC EDGAR · CIK 00000379960001157523-10-001218 · FY2009 · period ended 2009-12-31 · filed 2010-02-25NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0001157523-10-001218 · FY2009 · period ended 2009-12-31 · filed 2010-02-25PaymentsToAcquireProductiveAssets0001157523-11-001210 · FY2009 · period ended 2009-12-31 · filed 2011-02-28WeightedAverageNumberOfDilutedSharesOutstandingc: comparative figure from a later filing (WeightedAverageNumberOfDilutedSharesOutstanding FY2009); SEC's structured data has no figure from the fiscal year's own 10-K.r: a later 10-K shows a different figure for NetCashProvidedByUsedInOperatingActivitiesContinuingOperations FY2009; PaymentsToAcquireProductiveAssets FY2009. As filed is shown.Net cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2010$2.00cOwner earnings per share, estimate A, FY2010SEC EDGAR · CIK 00000379960000037996-12-000007 · FY2010 · period ended 2010-12-31 · filed 2012-02-21DepreciationDepletionAndAmortization0001157523-11-001210 · FY2010 · period ended 2010-12-31 · filed 2011-02-28NetIncomeLoss0001157523-11-001210 · FY2010 · period ended 2010-12-31 · filed 2011-02-28PaymentsToAcquireProductiveAssets0001157523-11-001210 · FY2010 · period ended 2010-12-31 · filed 2011-02-28WeightedAverageNumberOfDilutedSharesOutstandingc: comparative figure from a later filing (DepreciationDepletionAndAmortization FY2010); SEC's structured data has no figure from the fiscal year's own 10-K.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$1.77Owner earnings per share, estimate B, FY2010SEC EDGAR · CIK 00000379960001157523-11-001210 · FY2010 · period ended 2010-12-31 · filed 2011-02-28NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0001157523-11-001210 · FY2010 · period ended 2010-12-31 · filed 2011-02-28PaymentsToAcquireProductiveAssets0001157523-11-001210 · FY2010 · period ended 2010-12-31 · filed 2011-02-28WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2011$5.18rOwner earnings per share, estimate A, FY2011SEC EDGAR · CIK 00000379960000037996-12-000007 · FY2011 · period ended 2011-12-31 · filed 2012-02-21DepreciationDepletionAndAmortization0000037996-12-000007 · FY2011 · period ended 2011-12-31 · filed 2012-02-21NetIncomeLoss0000037996-12-000007 · FY2011 · period ended 2011-12-31 · filed 2012-02-21PaymentsToAcquireProductiveAssets0000037996-12-000007 · FY2011 · period ended 2011-12-31 · filed 2012-02-21WeightedAverageNumberOfDilutedSharesOutstandingr: a later 10-K shows a different figure for DepreciationDepletionAndAmortization FY2011. As filed is shown.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$1.34Owner earnings per share, estimate B, FY2011SEC EDGAR · CIK 00000379960000037996-12-000007 · FY2011 · period ended 2011-12-31 · filed 2012-02-21NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0000037996-12-000007 · FY2011 · period ended 2011-12-31 · filed 2012-02-21PaymentsToAcquireProductiveAssets0000037996-12-000007 · FY2011 · period ended 2011-12-31 · filed 2012-02-21WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2012$1.58rOwner earnings per share, estimate A, FY2012SEC EDGAR · CIK 00000379960000037996-13-000014 · FY2012 · period ended 2012-12-31 · filed 2013-02-19DepreciationDepletionAndAmortization0000037996-13-000014 · FY2012 · period ended 2012-12-31 · filed 2013-02-19NetIncomeLoss0000037996-13-000014 · FY2012 · period ended 2012-12-31 · filed 2013-02-19PaymentsToAcquireProductiveAssets0000037996-13-000014 · FY2012 · period ended 2012-12-31 · filed 2013-02-19WeightedAverageNumberOfDilutedSharesOutstandingr: a later 10-K shows a different figure for DepreciationDepletionAndAmortization FY2012; NetIncomeLoss FY2012. As filed is shown.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$0.89Owner earnings per share, estimate B, FY2012SEC EDGAR · CIK 00000379960000037996-13-000014 · FY2012 · period ended 2012-12-31 · filed 2013-02-19NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0000037996-13-000014 · FY2012 · period ended 2012-12-31 · filed 2013-02-19PaymentsToAcquireProductiveAssets0000037996-13-000014 · FY2012 · period ended 2012-12-31 · filed 2013-02-19WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2013$1.73rOwner earnings per share, estimate A, FY2013SEC EDGAR · CIK 00000379960000037996-14-000010 · FY2013 · period ended 2013-12-31 · filed 2014-02-18DepreciationDepletionAndAmortization0000037996-14-000010 · FY2013 · period ended 2013-12-31 · filed 2014-02-18NetIncomeLoss0000037996-14-000010 · FY2013 · period ended 2013-12-31 · filed 2014-02-18PaymentsToAcquireProductiveAssets0000037996-14-000010 · FY2013 · period ended 2013-12-31 · filed 2014-02-18WeightedAverageNumberOfDilutedSharesOutstandingr: a later 10-K shows a different figure for NetIncomeLoss FY2013. As filed is shown.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$0.94Owner earnings per share, estimate B, FY2013SEC EDGAR · CIK 00000379960000037996-14-000010 · FY2013 · period ended 2013-12-31 · filed 2014-02-18NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0000037996-14-000010 · FY2013 · period ended 2013-12-31 · filed 2014-02-18PaymentsToAcquireProductiveAssets0000037996-14-000010 · FY2013 · period ended 2013-12-31 · filed 2014-02-18WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2014$0.77rOwner earnings per share, estimate A, FY2014SEC EDGAR · CIK 00000379960000037996-15-000013 · FY2014 · period ended 2014-12-31 · filed 2015-02-13DepreciationDepletionAndAmortization0000037996-15-000013 · FY2014 · period ended 2014-12-31 · filed 2015-02-13NetIncomeLoss0000037996-15-000013 · FY2014 · period ended 2014-12-31 · filed 2015-02-13PaymentsToAcquireProductiveAssets0000037996-15-000013 · FY2014 · period ended 2014-12-31 · filed 2015-02-13WeightedAverageNumberOfDilutedSharesOutstandingr: a later 10-K shows a different figure for NetIncomeLoss FY2014. As filed is shown.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$1.74Owner earnings per share, estimate B, FY2014SEC EDGAR · CIK 00000379960000037996-15-000013 · FY2014 · period ended 2014-12-31 · filed 2015-02-13NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0000037996-15-000013 · FY2014 · period ended 2014-12-31 · filed 2015-02-13PaymentsToAcquireProductiveAssets0000037996-15-000013 · FY2014 · period ended 2014-12-31 · filed 2015-02-13WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2015$2.04Owner earnings per share, estimate A, FY2015SEC EDGAR · CIK 00000379960000037996-16-000092 · FY2015 · period ended 2015-12-31 · filed 2016-02-11DepreciationDepletionAndAmortization0000037996-16-000092 · FY2015 · period ended 2015-12-31 · filed 2016-02-11NetIncomeLoss0000037996-16-000092 · FY2015 · period ended 2015-12-31 · filed 2016-02-11PaymentsToAcquireProductiveAssets0000037996-16-000092 · FY2015 · period ended 2015-12-31 · filed 2016-02-11WeightedAverageNumberOfDilutedSharesOutstandingCapital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$2.24rOwner earnings per share, estimate B, FY2015SEC EDGAR · CIK 00000379960000037996-16-000092 · FY2015 · period ended 2015-12-31 · filed 2016-02-11NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0000037996-16-000092 · FY2015 · period ended 2015-12-31 · filed 2016-02-11PaymentsToAcquireProductiveAssets0000037996-16-000092 · FY2015 · period ended 2015-12-31 · filed 2016-02-11WeightedAverageNumberOfDilutedSharesOutstandingr: a later 10-K shows a different figure for NetCashProvidedByUsedInOperatingActivitiesContinuingOperations FY2015. As filed is shown.Net cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2016$1.66rOwner earnings per share, estimate A, FY2016SEC EDGAR · CIK 00000379960000037996-17-000013 · FY2016 · period ended 2016-12-31 · filed 2017-02-09f:DepreciationandAmortizationIncludingDepreciationonOperatingLeases0000037996-17-000013 · FY2016 · period ended 2016-12-31 · filed 2017-02-09NetIncomeLossAvailableToCommonStockholdersBasic0000037996-17-000013 · FY2016 · period ended 2016-12-31 · filed 2017-02-09PaymentsToAcquireProductiveAssets0000037996-17-000013 · FY2016 · period ended 2016-12-31 · filed 2017-02-09WeightedAverageNumberOfDilutedSharesOutstandingr: a later 10-K shows a different figure for NetIncomeLossAvailableToCommonStockholdersBasic FY2016. As filed is shown.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$3.20rOwner earnings per share, estimate B, FY2016SEC EDGAR · CIK 00000379960000037996-17-000013 · FY2016 · period ended 2016-12-31 · filed 2017-02-09NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0000037996-17-000013 · FY2016 · period ended 2016-12-31 · filed 2017-02-09PaymentsToAcquireProductiveAssets0000037996-17-000013 · FY2016 · period ended 2016-12-31 · filed 2017-02-09WeightedAverageNumberOfDilutedSharesOutstandingr: a later 10-K shows a different figure for NetCashProvidedByUsedInOperatingActivitiesContinuingOperations FY2016. As filed is shown.Net cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2017$2.42rOwner earnings per share, estimate A, FY2017SEC EDGAR · CIK 00000379960000037996-18-000015 · FY2017 · period ended 2017-12-31 · filed 2018-02-08f:DepreciationandAmortizationIncludingDepreciationonOperatingLeases0000037996-18-000015 · FY2017 · period ended 2017-12-31 · filed 2018-02-08NetIncomeLossAvailableToCommonStockholdersBasic0000037996-18-000015 · FY2017 · period ended 2017-12-31 · filed 2018-02-08PaymentsToAcquireProductiveAssets0000037996-18-000015 · FY2017 · period ended 2017-12-31 · filed 2018-02-08WeightedAverageNumberOfDilutedSharesOutstandingr: a later 10-K shows a different figure for NetIncomeLossAvailableToCommonStockholdersBasic FY2017. As filed is shown.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$2.76Owner earnings per share, estimate B, FY2017SEC EDGAR · CIK 00000379960000037996-18-000015 · FY2017 · period ended 2017-12-31 · filed 2018-02-08NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0000037996-18-000015 · FY2017 · period ended 2017-12-31 · filed 2018-02-08PaymentsToAcquireProductiveAssets0000037996-18-000015 · FY2017 · period ended 2017-12-31 · filed 2018-02-08WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2018$1.29Owner earnings per share, estimate A, FY2018SEC EDGAR · CIK 00000379960000037996-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-21f:DepreciationandAmortizationIncludingDepreciationonOperatingLeases0000037996-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-21NetIncomeLossAvailableToCommonStockholdersBasic0000037996-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-21PaymentsToAcquireProductiveAssets0000037996-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-21WeightedAverageNumberOfDilutedSharesOutstandingCapital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$1.81Owner earnings per share, estimate B, FY2018SEC EDGAR · CIK 00000379960000037996-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-21NetCashProvidedByUsedInOperatingActivitiesContinuingOperations0000037996-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-21PaymentsToAcquireProductiveAssets0000037996-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-21WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2019MissingOwner earnings per share, estimate A, FY2019FY2019 A: FY2019: depreciation and amortization missing (neither a total line nor PP&E depreciation plus amortization); not used for this year: Ford's DepreciationDepletionAndAmortization is the segment note line including held-for-sale impairment charges, which the cash flow statement shows on a separate line$2.50Owner earnings per share, estimate B, FY2019SEC EDGAR · CIK 00000379960000037996-20-000010 · FY2019 · period ended 2019-12-31 · filed 2020-02-05NetCashProvidedByUsedInOperatingActivities0000037996-20-000010 · FY2019 · period ended 2019-12-31 · filed 2020-02-05PaymentsToAcquireProductiveAssets0000037996-20-000010 · FY2019 · period ended 2019-12-31 · filed 2020-02-05WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations. Ford separately reports a company adjusted free cash flow measure that excludes Ford Credit's operating cash flows.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2020MissingOwner earnings per share, estimate A, FY2020FY2020 A: FY2020: depreciation and amortization missing (neither a total line nor PP&E depreciation plus amortization); not used for this year: Ford's DepreciationDepletionAndAmortization is the segment note line including held-for-sale impairment charges, which the cash flow statement shows on a separate line$4.66Owner earnings per share, estimate B, FY2020SEC EDGAR · CIK 00000379960000037996-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-05NetCashProvidedByUsedInOperatingActivities0000037996-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-05PaymentsToAcquireProductiveAssets0000037996-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-05WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations. Ford separately reports a company adjusted free cash flow measure that excludes Ford Credit's operating cash flows.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2021$4.72Owner earnings per share, estimate A, FY2021SEC EDGAR · CIK 00000379960000037996-22-000013 · FY2021 · period ended 2021-12-31 · filed 2022-02-04DepreciationDepletionAndAmortization0000037996-22-000013 · FY2021 · period ended 2021-12-31 · filed 2022-02-04NetIncomeLossAvailableToCommonStockholdersBasic0000037996-22-000013 · FY2021 · period ended 2021-12-31 · filed 2022-02-04PaymentsToAcquireProductiveAssets0000037996-22-000013 · FY2021 · period ended 2021-12-31 · filed 2022-02-04WeightedAverageNumberOfDilutedSharesOutstandingCapital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$2.37Owner earnings per share, estimate B, FY2021SEC EDGAR · CIK 00000379960000037996-22-000013 · FY2021 · period ended 2021-12-31 · filed 2022-02-04NetCashProvidedByUsedInOperatingActivities0000037996-22-000013 · FY2021 · period ended 2021-12-31 · filed 2022-02-04PaymentsToAcquireProductiveAssets0000037996-22-000013 · FY2021 · period ended 2021-12-31 · filed 2022-02-04WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations. Ford separately reports a company adjusted free cash flow measure that excludes Ford Credit's operating cash flows.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2022MissingOwner earnings per share, estimate A, FY2022FY2022 A: FY2022: depreciation and amortization missing (neither a total line nor PP&E depreciation plus amortization); not used for this year: Ford's DepreciationDepletionAndAmortization is the segment note line including held-for-sale impairment charges, which the cash flow statement shows on a separate line$0.00Owner earnings per share, estimate B, FY2022SEC EDGAR · CIK 00000379960000037996-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-03NetCashProvidedByUsedInOperatingActivities0000037996-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-03PaymentsToAcquireProductiveAssets0000037996-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-03WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations. Ford separately reports a company adjusted free cash flow measure that excludes Ford Credit's operating cash flows.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2023$0.94Owner earnings per share, estimate A, FY2023SEC EDGAR · CIK 00000379960000037996-24-000009 · FY2023 · period ended 2023-12-31 · filed 2024-02-07DepreciationDepletionAndAmortization0000037996-24-000009 · FY2023 · period ended 2023-12-31 · filed 2024-02-07NetIncomeLoss0000037996-24-000009 · FY2023 · period ended 2023-12-31 · filed 2024-02-07PaymentsToAcquireProductiveAssets0000037996-24-000009 · FY2023 · period ended 2023-12-31 · filed 2024-02-07WeightedAverageNumberOfDilutedSharesOutstandingCapital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$1.65Owner earnings per share, estimate B, FY2023SEC EDGAR · CIK 00000379960000037996-24-000009 · FY2023 · period ended 2023-12-31 · filed 2024-02-07NetCashProvidedByUsedInOperatingActivities0000037996-24-000009 · FY2023 · period ended 2023-12-31 · filed 2024-02-07PaymentsToAcquireProductiveAssets0000037996-24-000009 · FY2023 · period ended 2023-12-31 · filed 2024-02-07WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations. Ford separately reports a company adjusted free cash flow measure that excludes Ford Credit's operating cash flows.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2024$1.18Owner earnings per share, estimate A, FY2024SEC EDGAR · CIK 00000379960000037996-25-000013 · FY2024 · period ended 2024-12-31 · filed 2025-02-06DepreciationDepletionAndAmortization0000037996-25-000013 · FY2024 · period ended 2024-12-31 · filed 2025-02-06NetIncomeLoss0000037996-25-000013 · FY2024 · period ended 2024-12-31 · filed 2025-02-06PaymentsToAcquireProductiveAssets0000037996-25-000013 · FY2024 · period ended 2024-12-31 · filed 2025-02-06WeightedAverageNumberOfDilutedSharesOutstandingCapital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.$1.68Owner earnings per share, estimate B, FY2024SEC EDGAR · CIK 00000379960000037996-25-000013 · FY2024 · period ended 2024-12-31 · filed 2025-02-06NetCashProvidedByUsedInOperatingActivities0000037996-25-000013 · FY2024 · period ended 2024-12-31 · filed 2025-02-06PaymentsToAcquireProductiveAssets0000037996-25-000013 · FY2024 · period ended 2024-12-31 · filed 2025-02-06WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations. Ford separately reports a company adjusted free cash flow measure that excludes Ford Credit's operating cash flows.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.
2025MissingOwner earnings per share, estimate A, FY2025FY2025 A: FY2025: depreciation and amortization missing (neither a total line nor PP&E depreciation plus amortization); not used for this year: Ford's DepreciationDepletionAndAmortization is the segment note line including depreciation related to the Model e asset impairment, which the cash flow statement shows on a separate line$3.13Owner earnings per share, estimate B, FY2025SEC EDGAR · CIK 00000379960000037996-26-000015 · FY2025 · period ended 2025-12-31 · filed 2026-02-11NetCashProvidedByUsedInOperatingActivities0000037996-26-000015 · FY2025 · period ended 2025-12-31 · filed 2026-02-11PaymentsToAcquireProductiveAssets0000037996-26-000015 · FY2025 · period ended 2025-12-31 · filed 2026-02-11WeightedAverageNumberOfDilutedSharesOutstandingNet cash provided by operating activities is the consolidated total and includes Ford Credit, Ford's finance business, alongside the automotive operations. Ford separately reports a company adjusted free cash flow measure that excludes Ford Credit's operating cash flows.Capital spending is the consolidated total and includes Ford Credit's own capital spending alongside the automotive operations.

ROIC: no figure in any fiscal year, so the column is left out. FY2025: pre-tax income at or below zero (−11.8 billion), so there is no effective tax rateROIC, FY2025FY2025: pre-tax income at or below zero (−11.8 billion), so there is no effective tax rateFigures used · SEC EDGAR · CIK 00000379960000037996-26-000015 · FY2025 · period ended 2025-12-31 · filed 2026-02-11IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest0000037996-26-000015 · FY2025 · period ended 2025-12-31 · filed 2026-02-11IncomeTaxExpenseBenefit0000037996-26-000015 · FY2025 · period ended 2025-12-31 · filed 2026-02-11OperatingIncomeLoss. Owner earnings C: no figure in any fiscal year, so the column is left out. FY2025 C: gross PP&E or revenue missing in FY2021, which the 5-year average needs.

Sources for the figures on this page

SEC EDGAR · CIK 0000037996. Each filing is listed once with the XBRL tags used from it.

  1. 0001157523-10-001218 · FY2009 · period ended 2009-12-31 · filed 2010-02-25 · https://www.sec.gov/Archives/edgar/data/37996/000115752310001218/NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, NetIncomeLoss, PaymentsToAcquireProductiveAssets
  2. 0001157523-11-001210 · FY2009, 2010 · period ended 2009-12-31, 2010-12-31 · filed 2011-02-28 · https://www.sec.gov/Archives/edgar/data/37996/000115752311001210/NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, NetIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  3. 0000037996-12-000007 · FY2009, 2010, 2011 · period ended 2009-12-31, 2010-12-31, 2011-12-31 · filed 2012-02-21 · https://www.sec.gov/Archives/edgar/data/37996/000003799612000007/DepreciationDepletionAndAmortization, NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, NetIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  4. 0000037996-13-000014 · FY2012 · period ended 2012-12-31 · filed 2013-02-19 · https://www.sec.gov/Archives/edgar/data/37996/000003799613000014/DepreciationDepletionAndAmortization, NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, NetIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  5. 0000037996-14-000010 · FY2013 · period ended 2013-12-31 · filed 2014-02-18 · https://www.sec.gov/Archives/edgar/data/37996/000003799614000010/DepreciationDepletionAndAmortization, NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, NetIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  6. 0000037996-15-000013 · FY2014 · period ended 2014-12-31 · filed 2015-02-13 · https://www.sec.gov/Archives/edgar/data/37996/000003799615000013/DepreciationDepletionAndAmortization, NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, NetIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  7. 0000037996-16-000092 · FY2015 · period ended 2015-12-31 · filed 2016-02-11 · https://www.sec.gov/Archives/edgar/data/37996/000003799616000092/DepreciationDepletionAndAmortization, NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, NetIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  8. 0000037996-17-000013 · FY2016 · period ended 2016-12-31 · filed 2017-02-09 · https://www.sec.gov/Archives/edgar/data/37996/000003799617000013/NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, NetIncomeLossAvailableToCommonStockholdersBasic, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding, f:DepreciationandAmortizationIncludingDepreciationonOperatingLeases
  9. 0000037996-18-000015 · FY2017 · period ended 2017-12-31 · filed 2018-02-08 · https://www.sec.gov/Archives/edgar/data/37996/000003799618000015/NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, NetIncomeLossAvailableToCommonStockholdersBasic, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding, f:DepreciationandAmortizationIncludingDepreciationonOperatingLeases
  10. 0000037996-19-000012 · FY2018 · period ended 2018-12-31 · filed 2019-02-21 · https://www.sec.gov/Archives/edgar/data/37996/000003799619000012/NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, NetIncomeLossAvailableToCommonStockholdersBasic, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding, f:DepreciationandAmortizationIncludingDepreciationonOperatingLeases
  11. 0000037996-20-000010 · FY2019 · period ended 2019-12-31 · filed 2020-02-05 · https://www.sec.gov/Archives/edgar/data/37996/000003799620000010/IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  12. 0000037996-21-000012 · FY2020 · period ended 2020-12-31 · filed 2021-02-05 · https://www.sec.gov/Archives/edgar/data/37996/000003799621000012/IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  13. 0000037996-22-000013 · FY2021 · period ended 2021-12-31 · filed 2022-02-04 · https://www.sec.gov/Archives/edgar/data/37996/000003799622000013/DepreciationDepletionAndAmortization, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, NetCashProvidedByUsedInOperatingActivities, NetIncomeLossAvailableToCommonStockholdersBasic, OperatingIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  14. 0000037996-23-000012 · FY2022 · period ended 2022-12-31 · filed 2023-02-03 · https://www.sec.gov/Archives/edgar/data/37996/000003799623000012/IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  15. 0000037996-24-000009 · FY2023 · period ended 2023-12-31 · filed 2024-02-07 · https://www.sec.gov/Archives/edgar/data/37996/000003799624000009/DepreciationDepletionAndAmortization, IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, NetCashProvidedByUsedInOperatingActivities, NetIncomeLoss, OperatingIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  16. 0000037996-25-000013 · FY2024 · period ended 2024-12-31 · filed 2025-02-06 · https://www.sec.gov/Archives/edgar/data/37996/000003799625000013/DepreciationDepletionAndAmortization, NetCashProvidedByUsedInOperatingActivities, NetIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding
  17. 0000037996-26-000015 · FY2025 · period ended 2025-12-31 · filed 2026-02-11 · https://www.sec.gov/Archives/edgar/data/37996/000003799626000015/IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeTaxExpenseBenefit, NetCashProvidedByUsedInOperatingActivities, OperatingIncomeLoss, PaymentsToAcquireProductiveAssets, WeightedAverageNumberOfDilutedSharesOutstanding