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Ford Motor Company
S&P 500
$55.6B
Market Cap
6.8
P/E
10.21
PEG
-0.3%
ROCE
-20.2%
ROE
4.61
D/E
-0.3%
OPM
-19.0%
% from 52W High
65
α RS
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🌏 Global Investor Returns
Currency-adjusted total returns for F including FX impact
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📈 Price History
Ratio Health
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By Category
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About

Ford Motor Company develops, delivers, and services Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles in the United States, Canada, the United Kingdom, Mexico, and internationally. It operates through Ford Blue, Ford Model e, Ford Pro, and Ford Credit segments. The company sells Ford and Lincoln internal combustion engine and hybrid vehicles, electric vehicles, service parts, accessories, and digital services for retail customers; develops EV and digital vehicle technologies, and software; and provides telematics and EV charging solutions. It also sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments. In addition, it engages in vehicle-related financing and leasing activities to and through automotive dealers. Further, the company provides retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, such as leasing companies, government entities, daily rental companies, and fleet customers. Additionally, it offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and enhance dealership facilities, purchase dealership real estate, and other dealer vehicle programs. Ford Motor Company was incorporated in 1903 and is based in Dearborn, Michigan.

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📈 Growth Pattern
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⭐ Superinvestors Holding F
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 797.8K $9.2M 0.01% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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Good quarter Investor Presentation One-Pager? Q2 2026
Revenue
$48.3B
-4% YoY
Operating Income
$2.5B
+17% YoY
Operating Margin
5.2%
+0.9pp YoY
Net Income
-$1.3B
N/M (includes $3.6B BOSK charge)
What Went Right
  • Company-adjusted EBIT of $2.5B, up 17% YoY, driven by strong mix and net pricing
  • Ford Blue EBIT up 72% YoY to $1.1B on record Bronco family sales and off-road trims (25% of US sales)
  • Model e EBIT loss improved 31% YoY to -$919M, the third consecutive quarter of improvement
What to Watch
  • Net loss of $1.3B due to $3.6B special item charge tied to BlueOval SK disposition
  • Novelis aluminum disruption to cost ~$1.5B for full year 2026 (about $700M still in H2)
  • Commodity headwinds expected to intensify in H2 (about $1.4B in H2 vs $0.5B already in H1)
Management Guidance
  • FY2026 adjusted EBIT raised to $10.0–11.0B (from $8.5–10.5B)
  • FY2026 adjusted free cash flow raised to $6.0–7.0B (from $5.0–6.0B)
  • CapEx unchanged at $9.5–10.5B; Ford Pro EBIT expected $7.0–7.5B, Ford Blue $5.0–5.5B, Model e loss ~$4B
Investor Lens
The thesis is stronger after this call. Ford is converting quality gains and pricing discipline into margin expansion, with adjusted EBIT up 17% and full-year guidance raised by $1B at the midpoint. The growth in high-margin software (1.6M paid subscriptions) and Ford Energy adds a new long-term profit lever. However, the large BOSK special item and continued Novelis/commodity costs highlight that headline net losses can still distort underlying operational strength.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Solid beat-and-raise quarter: EBIT up 17%, FY guidance raised to $10–11B
Revenue
Q2 revenue was $48.3B, down 4% YoY due to lower wholesales and product discontinuations, partially offset by favorable mix. Ford Blue revenue was $26.1B (+1%), Ford Pro $17.8B (-5%), Model e $1.0B (-56%).
Profitability
Adjusted EBIT came in at $2.5B, up $0.4B YoY. Net loss was $1.3B, including a $3.6B special item charge related to the BlueOval SK disposition. Adjusted EPS was $0.42, up $0.05 YoY.
Margins
Company adjusted EBIT margin improved 0.9pp to 5.2%. Ford Blue margin expanded 1.8pp to 4.4%, while Ford Pro margin fell 2.7pp to 9.7% on Novelis disruption. Model e margin improved year-over-year despite revenue decline, from -56.4% to -89.6% as costs were right-sized.
Balance Sheet
Ford ended Q2 with $22.3B cash and $43.4B liquidity. Adjusted free cash flow was $2.1B, and the company declared a $0.15 quarterly dividend. Full-year FCF guidance was raised to $6.0–7.0B.
Key Risks
Management flagged ongoing Novelis aluminum recovery costs (~$1.5B full year), heavier commodity headwinds in H2, and potential impacts from Middle East escalation or a US downturn. Also noted tariff and USMCA uncertainty, with early discussions on revising the trade deal.
Outlook
Full-year adjusted EBIT is now expected at $10–11B, with higher FCF of $6–7B. H2 will face higher commodity costs and UEV/Energy investments, but volumes from Super Duty and F-Series recovery should drive sequential improvement.
Generated by AI · Q2 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-28
Q2 2026 saw $48.3B revenue and $2.5B adjusted EBIT, with strong pricing and mix offsetting supply headwinds. Full-year EBIT guidance was raised to $10B–$11B, driven by cost reductions, robust truck and hybrid demand, and growth in software and energy adjacencies.
Q1 2026 Q1 2026 2026-04-29
Q1 2026 saw $43.3B revenue and $3.5B adjusted EBIT, with full-year EBIT guidance raised to $8.5–$10.5B. Strong segment performance, cost improvements, and growth in software/services offset commodity headwinds and supply chain challenges.
Q3 2025 Q3 2025 2025-10-23
Q3 2025 saw record revenue and strong cash flow, with cost improvements offsetting tariff headwinds. Novelis fire and tariffs impact 2025 guidance, but recovery plans and regulatory relief support a positive outlook. Hybrid and Pro segments drive growth.
Q4 2023 Q4 2023 2024-02-06
Q4 2021 Q4 2021 2022-02-03
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
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Information Sources:
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