Analysis of Reportable Segments
Ford Motor Co. operates in 5 segments: Ford Blue; Ford Model e; Ford Pro; Ford Next; and Ford Credit.
Segment Profit Margin
Ford Motor Co., profit margin by reportable segment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Ford Blue | 3.63% | 5.31% | 5.24% | 2.98% | — |
| Ford Model e | -123.53% | -72.03% | -39.69% | -28.00% | — |
| Ford Pro | 13.47% | 12.44% | 6.58% | 6.25% | — |
| Ford Next | -714.29% | -4,600.00% | -935.35% | -872.88% | -2,275.00% |
| Ford Credit | 13.46% | 12.93% | 29.59% | 46.83% | 23.28% |
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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Ford Blue | Ford Blue segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
| Ford Model e | Ford Model e segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Ford Pro | Ford Pro segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Ford Next | Ford Next segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. | |
| Ford Credit | Ford Credit segment profit margin ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Segment Profit Margin: Ford Blue
Ford Motor Co.; Ford Blue; segment profit margin calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment EBIT/EBT | 5,284) | 7,462) | 6,847) | 3,293) | —) |
| Revenues | 145,377) | 140,627) | 130,782) | 110,466) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 3.63% | 5.31% | 5.24% | 2.98% | — |
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
Segment profit margin = 100 × Segment EBIT/EBT ÷ Revenues
= 100 × 5,284 ÷ 145,377 = 3.63%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Ford Blue | Ford Blue segment profit margin ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Segment Profit Margin: Ford Model e
Ford Motor Co.; Ford Model e; segment profit margin calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment EBIT/EBT | (5,076) | (4,701) | (2,133) | (892) | —) |
| Revenues | 4,109) | 6,526) | 5,374) | 3,186) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | -123.53% | -72.03% | -39.69% | -28.00% | — |
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
Segment profit margin = 100 × Segment EBIT/EBT ÷ Revenues
= 100 × -5,076 ÷ 4,109 = -123.53%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Ford Model e | Ford Model e segment profit margin ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: Ford Pro
Ford Motor Co.; Ford Pro; segment profit margin calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment EBIT/EBT | 9,015) | 7,222) | 3,222) | 2,665) | —) |
| Revenues | 66,906) | 58,058) | 48,939) | 42,649) | —) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 13.47% | 12.44% | 6.58% | 6.25% | — |
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
Segment profit margin = 100 × Segment EBIT/EBT ÷ Revenues
= 100 × 9,015 ÷ 66,906 = 13.47%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Ford Pro | Ford Pro segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: Ford Next
Ford Motor Co.; Ford Next; segment profit margin calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment EBIT/EBT | (50) | (138) | (926) | (1,030) | (1,274) |
| Revenues | 7) | 3) | 99) | 118) | 56) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | -714.29% | -4,600.00% | -935.35% | -872.88% | -2,275.00% |
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
Segment profit margin = 100 × Segment EBIT/EBT ÷ Revenues
= 100 × -50 ÷ 7 = -714.29%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Ford Next | Ford Next segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Segment Profit Margin: Ford Credit
Ford Motor Co.; Ford Credit; segment profit margin calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment EBIT/EBT | 1,654) | 1,331) | 2,657) | 4,717) | 2,608) |
| Revenues | 12,286) | 10,290) | 8,978) | 10,073) | 11,203) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 13.46% | 12.93% | 29.59% | 46.83% | 23.28% |
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
Segment profit margin = 100 × Segment EBIT/EBT ÷ Revenues
= 100 × 1,654 ÷ 12,286 = 13.46%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | Ford Credit | Ford Credit segment profit margin ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Segment Return on Assets (Segment ROA)
Ford Motor Co., ROA by reportable segment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Ford Blue | 8.99% | 12.65% | 12.22% | 5.94% | — |
| Ford Model e | -29.73% | -34.44% | -40.36% | -34.80% | — |
| Ford Pro | 259.87% | 245.48% | 148.00% | 147.32% | — |
| Ford Next | -33.11% | -66.67% | -236.22% | -30.98% | -31.67% |
| Ford Credit | 1.05% | 0.90% | 1.93% | 3.51% | 1.65% |
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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Ford Blue | Ford Blue segment ROA improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
| Ford Model e | Ford Model e segment ROA improved from 2022 to 2023 and from 2023 to 2024. | |
| Ford Pro | Ford Pro segment ROA improved from 2022 to 2023 and from 2023 to 2024. | |
| Ford Next | Ford Next segment ROA improved from 2022 to 2023 and from 2023 to 2024. | |
| Ford Credit | Ford Credit segment ROA deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Segment ROA: Ford Blue
Ford Motor Co.; Ford Blue; segment ROA calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment EBIT/EBT | 5,284) | 7,462) | 6,847) | 3,293) | —) |
| Total assets | 58,791) | 58,990) | 56,023) | 55,456) | —) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 8.99% | 12.65% | 12.22% | 5.94% | — |
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
Segment ROA = 100 × Segment EBIT/EBT ÷ Total assets
= 100 × 5,284 ÷ 58,791 = 8.99%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Ford Blue | Ford Blue segment ROA improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Segment ROA: Ford Model e
Ford Motor Co.; Ford Model e; segment ROA calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment EBIT/EBT | (5,076) | (4,701) | (2,133) | (892) | —) |
| Total assets | 17,074) | 13,648) | 5,285) | 2,563) | —) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | -29.73% | -34.44% | -40.36% | -34.80% | — |
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
Segment ROA = 100 × Segment EBIT/EBT ÷ Total assets
= 100 × -5,076 ÷ 17,074 = -29.73%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Ford Model e | Ford Model e segment ROA improved from 2022 to 2023 and from 2023 to 2024. |
Segment ROA: Ford Pro
Ford Motor Co.; Ford Pro; segment ROA calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment EBIT/EBT | 9,015) | 7,222) | 3,222) | 2,665) | —) |
| Total assets | 3,469) | 2,942) | 2,177) | 1,809) | —) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 259.87% | 245.48% | 148.00% | 147.32% | — |
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
Segment ROA = 100 × Segment EBIT/EBT ÷ Total assets
= 100 × 9,015 ÷ 3,469 = 259.87%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Ford Pro | Ford Pro segment ROA improved from 2022 to 2023 and from 2023 to 2024. |
Segment ROA: Ford Next
Ford Motor Co.; Ford Next; segment ROA calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment EBIT/EBT | (50) | (138) | (926) | (1,030) | (1,274) |
| Total assets | 151) | 207) | 392) | 3,325) | 4,023) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | -33.11% | -66.67% | -236.22% | -30.98% | -31.67% |
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
Segment ROA = 100 × Segment EBIT/EBT ÷ Total assets
= 100 × -50 ÷ 151 = -33.11%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Ford Next | Ford Next segment ROA improved from 2022 to 2023 and from 2023 to 2024. |
Segment ROA: Ford Credit
Ford Motor Co.; Ford Credit; segment ROA calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Segment EBIT/EBT | 1,654) | 1,331) | 2,657) | 4,717) | 2,608) |
| Total assets | 157,534) | 148,521) | 137,954) | 134,428) | 158,524) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 1.05% | 0.90% | 1.93% | 3.51% | 1.65% |
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
Segment ROA = 100 × Segment EBIT/EBT ÷ Total assets
= 100 × 1,654 ÷ 157,534 = 1.05%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | Ford Credit | Ford Credit segment ROA deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Segment Asset Turnover
Ford Motor Co., asset turnover by reportable segment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Ford Blue | 2.47 | 2.38 | 2.33 | 1.99 | — |
| Ford Model e | 0.24 | 0.48 | 1.02 | 1.24 | — |
| Ford Pro | 19.29 | 19.73 | 22.48 | 23.58 | — |
| Ford Next | 0.05 | 0.01 | 0.25 | 0.04 | 0.01 |
| Ford Credit | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 |
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).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Ford Blue | Ford Blue segment asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Ford Model e | Ford Model e segment asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Ford Pro | Ford Pro segment asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Ford Next | Ford Next segment asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. | |
| Ford Credit | Ford Credit segment asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Asset Turnover: Ford Blue
Ford Motor Co.; Ford Blue; segment 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 | 145,377) | 140,627) | 130,782) | 110,466) | —) |
| Total assets | 58,791) | 58,990) | 56,023) | 55,456) | —) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 2.47 | 2.38 | 2.33 | 1.99 | — |
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
Segment asset turnover = Revenues ÷ Total assets
= 145,377 ÷ 58,791 = 2.47
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Ford Blue | Ford Blue segment asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Asset Turnover: Ford Model e
Ford Motor Co.; Ford Model e; segment 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 | 4,109) | 6,526) | 5,374) | 3,186) | —) |
| Total assets | 17,074) | 13,648) | 5,285) | 2,563) | —) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.24 | 0.48 | 1.02 | 1.24 | — |
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
Segment asset turnover = Revenues ÷ Total assets
= 4,109 ÷ 17,074 = 0.24
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Ford Model e | Ford Model e segment asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Asset Turnover: Ford Pro
Ford Motor Co.; Ford Pro; segment 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 | 66,906) | 58,058) | 48,939) | 42,649) | —) |
| Total assets | 3,469) | 2,942) | 2,177) | 1,809) | —) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 19.29 | 19.73 | 22.48 | 23.58 | — |
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
Segment asset turnover = Revenues ÷ Total assets
= 66,906 ÷ 3,469 = 19.29
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Ford Pro | Ford Pro segment asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Asset Turnover: Ford Next
Ford Motor Co.; Ford Next; segment 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 | 7) | 3) | 99) | 118) | 56) |
| Total assets | 151) | 207) | 392) | 3,325) | 4,023) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.05 | 0.01 | 0.25 | 0.04 | 0.01 |
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
Segment asset turnover = Revenues ÷ Total assets
= 7 ÷ 151 = 0.05
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Ford Next | Ford Next segment asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Segment Asset Turnover: Ford Credit
Ford Motor Co.; Ford Credit; segment 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 | 12,286) | 10,290) | 8,978) | 10,073) | 11,203) |
| Total assets | 157,534) | 148,521) | 137,954) | 134,428) | 158,524) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.08 | 0.07 | 0.07 | 0.07 | 0.07 |
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
Segment asset turnover = Revenues ÷ Total assets
= 12,286 ÷ 157,534 = 0.08
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | Ford Credit | Ford Credit segment asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation
Ford Motor Co., capital expenditures to depreciation by reportable segment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Ford Blue | 1.52 | 1.47 | 1.40 | 1.51 | — |
| Ford Model e | 6.91 | 5.67 | 5.37 | 3.63 | — |
| Ford Pro | 0.03 | 0.01 | 0.02 | 0.04 | — |
| Ford Next | 0.25 | 0.50 | 4.60 | 5.75 | 3.84 |
| Ford Credit | 0.04 | 0.03 | 0.03 | 0.03 | 0.01 |
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).
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Ford Blue | Ford Blue segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Ford Model e | Ford Model e segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. | |
| Ford Pro | Ford Pro segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. | |
| Ford Next | Ford Next segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 and from 2023 to 2024. | |
| Ford Credit | Ford Credit segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Ford Blue
Ford Motor Co.; Ford Blue; segment capital expenditures to depreciation calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Cash outflow for capital spending | 4,490) | 4,963) | 4,702) | 5,214) | —) |
| Depreciation and tooling amortization | 2,952) | 3,378) | 3,365) | 3,445) | —) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 1.52 | 1.47 | 1.40 | 1.51 | — |
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
Segment capital expenditures to depreciation = Cash outflow for capital spending ÷ Depreciation and tooling amortization
= 4,490 ÷ 2,952 = 1.52
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Ford Blue | Ford Blue segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Ford Model e
Ford Motor Co.; Ford Model e; segment capital expenditures to depreciation calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Cash outflow for capital spending | 3,843) | 2,861) | 1,336) | 516) | —) |
| Depreciation and tooling amortization | 556) | 505) | 249) | 142) | —) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 6.91 | 5.67 | 5.37 | 3.63 | — |
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
Segment capital expenditures to depreciation = Cash outflow for capital spending ÷ Depreciation and tooling amortization
= 3,843 ÷ 556 = 6.91
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Ford Model e | Ford Model e segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Ford Pro
Ford Motor Co.; Ford Pro; segment capital expenditures to depreciation calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Cash outflow for capital spending | 37) | 7) | 26) | 59) | —) |
| Depreciation and tooling amortization | 1,394) | 1,291) | 1,522) | 1,423) | —) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.03 | 0.01 | 0.02 | 0.04 | — |
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
Segment capital expenditures to depreciation = Cash outflow for capital spending ÷ Depreciation and tooling amortization
= 37 ÷ 1,394 = 0.03
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Ford Pro | Ford Pro segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Segment Capital Expenditures to Depreciation: Ford Next
Ford Motor Co.; Ford Next; segment capital expenditures to depreciation calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Cash outflow for capital spending | 3) | 6) | 23) | 46) | 142) |
| Depreciation and tooling amortization | 12) | 12) | 5) | 8) | 37) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.25 | 0.50 | 4.60 | 5.75 | 3.84 |
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
Segment capital expenditures to depreciation = Cash outflow for capital spending ÷ Depreciation and tooling amortization
= 3 ÷ 12 = 0.25
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Ford Next | Ford Next segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Ford Credit
Ford Motor Co.; Ford Credit; segment capital expenditures to depreciation calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Cash outflow for capital spending | 94) | 80) | 58) | 44) | 40) |
| Depreciation and tooling amortization | 2,529) | 2,354) | 2,281) | 1,666) | 3,269) |
| Segment Financial Ratio | |||||
| Segment capital expenditures to depreciation1 | 0.04 | 0.03 | 0.03 | 0.03 | 0.01 |
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
Segment capital expenditures to depreciation = Cash outflow for capital spending ÷ Depreciation and tooling amortization
= 94 ÷ 2,529 = 0.04
| Segment financial ratio | Reportable segment | The company |
|---|---|---|
| Segment capital expenditures to depreciation | Ford Credit | Ford Credit segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Revenues
Ford Motor Co., revenues by reportable segment
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Ford Blue | 145,377) | 140,627) | 130,782) | 110,466) | —) |
| Ford Model e | 4,109) | 6,526) | 5,374) | 3,186) | —) |
| Ford Pro | 66,906) | 58,058) | 48,939) | 42,649) | —) |
| Automotive | —) | —) | —) | —) | 115,885) |
| Ford Next | 7) | 3) | 99) | 118) | 56) |
| Ford Credit | 12,286) | 10,290) | 8,978) | 10,073) | 11,203) |
| Unallocated Amounts and Eliminations | (43,693) | (39,313) | (36,115) | (30,151) | —) |
| Total | 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).
Segment EBIT/EBT
Ford Motor Co., segment ebit/ebt by reportable segment
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Ford Blue | 5,284) | 7,462) | 6,847) | 3,293) | —) |
| Ford Model e | (5,076) | (4,701) | (2,133) | (892) | —) |
| Ford Pro | 9,015) | 7,222) | 3,222) | 2,665) | —) |
| Automotive | —) | —) | —) | —) | 1,633) |
| Ford Next | (50) | (138) | (926) | (1,030) | (1,274) |
| Ford Credit | 1,654) | 1,331) | 2,657) | 4,717) | 2,608) |
| Total | 10,827) | 11,176) | 9,667) | 8,753) | 2,967) |
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).
Depreciation and tooling amortization
Ford Motor Co., depreciation and tooling amortization by reportable segment
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Ford Blue | 2,952) | 3,378) | 3,365) | 3,445) | —) |
| Ford Model e | 556) | 505) | 249) | 142) | —) |
| Ford Pro | 1,394) | 1,291) | 1,522) | 1,423) | —) |
| Automotive | —) | —) | —) | —) | 5,232) |
| Ford Next | 12) | 12) | 5) | 8) | 37) |
| Ford Credit | 2,529) | 2,354) | 2,281) | 1,666) | 3,269) |
| Unallocated Amounts and Eliminations | 124) | 150) | 252) | 634) | 236) |
| Total | 7,567) | 7,690) | 7,674) | 7,318) | 8,774) |
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).
Cash outflow for capital spending
Ford Motor Co., cash outflow for capital spending by reportable segment
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Ford Blue | 4,490) | 4,963) | 4,702) | 5,214) | —) |
| Ford Model e | 3,843) | 2,861) | 1,336) | 516) | —) |
| Ford Pro | 37) | 7) | 26) | 59) | —) |
| Automotive | —) | —) | —) | —) | 5,560) |
| Ford Next | 3) | 6) | 23) | 46) | 142) |
| Ford Credit | 94) | 80) | 58) | 44) | 40) |
| Unallocated Amounts and Eliminations | 217) | 319) | 721) | 348) | —) |
| Total | 8,684) | 8,236) | 6,866) | 6,227) | 5,742) |
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).
Total assets
Ford Motor Co., total assets by reportable segment
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Ford Blue | 58,791) | 58,990) | 56,023) | 55,456) | —) |
| Ford Model e | 17,074) | 13,648) | 5,285) | 2,563) | —) |
| Ford Pro | 3,469) | 2,942) | 2,177) | 1,809) | —) |
| Automotive | —) | —) | —) | —) | 109,963) |
| Ford Next | 151) | 207) | 392) | 3,325) | 4,023) |
| Ford Credit | 157,534) | 148,521) | 137,954) | 134,428) | 158,524) |
| Unallocated Amounts and Eliminations | 48,177) | 49,002) | 54,053) | 59,454) | (5,249) |
| Total | 285,196) | 273,310) | 255,884) | 257,035) | 267,261) |
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).