Analysis of Geographic Areas
Ford Motor Co. operates in 5 regions: United States; Canada; United Kingdom; Mexico; and All Other.
Area Asset Turnover
Ford Motor Co., asset turnover by geographic area
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 2.75 | 2.77 | 2.52 | 1.97 | 1.82 |
| Canada | 2.05 | 2.18 | 2.19 | 1.93 | 1.70 |
| United Kingdom | 4.57 | 4.80 | 6.50 | 5.50 | 4.36 |
| Mexico | 0.61 | 0.53 | 0.43 | 0.37 | 0.28 |
| All Other | 5.31 | 5.06 | 4.37 | 3.57 | 3.03 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
| Canada | Canada area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| United Kingdom | United Kingdom area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Mexico | Mexico area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| All Other | All Other area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: United States
Ford Motor Co.; United States; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 124,968) | 116,995) | 105,481) | 87,012) | 82,535) |
| Long-lived assets | 45,392) | 42,235) | 41,925) | 44,271) | 45,360) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.75 | 2.77 | 2.52 | 1.97 | 1.82 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 124,968 ÷ 45,392 = 2.75
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024. |
Area Asset Turnover: Canada
Ford Motor Co.; Canada; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 13,412) | 13,391) | 12,590) | 11,153) | 8,711) |
| Long-lived assets | 6,548) | 6,147) | 5,739) | 5,773) | 5,111) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 2.05 | 2.18 | 2.19 | 1.93 | 1.70 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 13,412 ÷ 6,548 = 2.05
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Canada | Canada area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: United Kingdom
Ford Motor Co.; United Kingdom; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 9,936) | 8,968) | 8,220) | 7,607) | 6,110) |
| Long-lived assets | 2,174) | 1,868) | 1,264) | 1,383) | 1,401) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 4.57 | 4.80 | 6.50 | 5.50 | 4.36 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 9,936 ÷ 2,174 = 4.57
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United Kingdom | United Kingdom area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: Mexico
Ford Motor Co.; Mexico; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 2,634) | 2,774) | 1,813) | 1,440) | 1,030) |
| Long-lived assets | 4,352) | 5,222) | 4,255) | 3,903) | 3,669) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.61 | 0.53 | 0.43 | 0.37 | 0.28 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 2,634 ÷ 4,352 = 0.61
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Mexico | Mexico area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Area Asset Turnover: All Other
Ford Motor Co.; All Other; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 34,042) | 34,063) | 29,953) | 29,129) | 28,758) |
| Long-lived assets | 6,409) | 6,733) | 6,854) | 8,170) | 9,493) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 5.31 | 5.06 | 4.37 | 3.57 | 3.03 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 34,042 ÷ 6,409 = 5.31
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | All Other | All Other area asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Revenues
Ford Motor Co., revenues by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 124,968) | 116,995) | 105,481) | 87,012) | 82,535) |
| Canada | 13,412) | 13,391) | 12,590) | 11,153) | 8,711) |
| United Kingdom | 9,936) | 8,968) | 8,220) | 7,607) | 6,110) |
| Mexico | 2,634) | 2,774) | 1,813) | 1,440) | 1,030) |
| All Other | 34,042) | 34,063) | 29,953) | 29,129) | 28,758) |
| Total Company | 184,992) | 176,191) | 158,057) | 136,341) | 127,144) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Long-lived assets
Ford Motor Co., long-lived assets by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 45,392) | 42,235) | 41,925) | 44,271) | 45,360) |
| Canada | 6,548) | 6,147) | 5,739) | 5,773) | 5,111) |
| United Kingdom | 2,174) | 1,868) | 1,264) | 1,383) | 1,401) |
| Mexico | 4,352) | 5,222) | 4,255) | 3,903) | 3,669) |
| All Other | 6,409) | 6,733) | 6,854) | 8,170) | 9,493) |
| Total Company | 64,875) | 62,205) | 60,037) | 63,500) | 65,034) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).