Analysis of Revenues
Paying user area
Try for free
Ford Motor Co. pages available for free this week:
- Statement of Comprehensive Income
- Analysis of Liquidity Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Return on Equity (ROE) since 2005
- Total Asset Turnover since 2005
- Price to Operating Profit (P/OP) since 2005
- Price to Sales (P/S) since 2005
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Ford Motor Co. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Revenues as Reported
Ford Motor Co., income statement, revenues
US$ in millions
Based on: 10-K (reporting date: 2025-12-31), 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).
Overall revenues exhibited a consistent upward trajectory between 2021 and 2025. While the rate of growth decelerated in the later years, the company demonstrated an ability to increase total revenue over the five-year period. A closer examination of the revenue streams reveals varying performance patterns.
- Core Automotive Revenue
- Revenues from vehicles, parts, and accessories, the primary revenue driver, increased from US$120,973 million in 2021 to US$167,310 million in 2025. The most substantial growth occurred between 2021 and 2023, with growth moderating in 2024 and 2025, indicating a potential stabilization of core sales. Used vehicle revenue also increased over the period, though from a smaller base, rising from US$2,358 million to US$2,853 million. Services and other revenue showed steady growth, increasing from US$2,812 million to US$3,586 million.
- Revenue from Sales and Services
- Combined revenues from sales and services followed the overall trend, increasing from US$126,143 million in 2021 to US$173,749 million in 2025. The growth rate peaked between 2022 and 2023, then slowed in subsequent years. This suggests that while the core business is expanding, the pace of expansion is diminishing.
- Financial Services Revenue
- Revenues derived from financial services – leasing, financing, and insurance – demonstrated mixed performance. Leasing income decreased from US$5,577 million in 2021 to US$4,284 million in 2023 before recovering to US$5,143 million in 2025. Financing income experienced a more pronounced increase, rising from US$4,560 million in 2021 to US$8,211 million in 2025, representing a significant contribution to overall revenue growth. Insurance income showed consistent, albeit modest, growth, increasing from US$61 million to US$164 million.
- Total Revenues
- Total revenues increased from US$136,341 million in 2021 to US$187,267 million in 2025. The largest year-over-year increase occurred between 2021 and 2022 (US$21,716 million), while the increase between 2024 and 2025 was comparatively smaller (US$4,275 million). This indicates a slowing rate of revenue expansion towards the end of the analyzed period. The increasing contribution of financing income partially offset the slower growth in core automotive revenue in the later years.