Common-Size Income Statement
Quarterly Data
Paying user area
Try for free
Ford Motor Co. pages available for free this week:
- Common-Size Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- Analysis of Reportable Segments
- Price to FCFE (P/FCFE)
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Return on Assets (ROA) since 2005
- Current Ratio since 2005
- Price to Book Value (P/BV) since 2005
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:
Ford Motor Co., common-size consolidated income statement (quarterly data)
Based on: 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).
The financial performance, as represented by common-size income statements, exhibits significant volatility over the analyzed period from March 2021 to December 2025. Revenue patterns are relatively stable at 100% by definition, allowing for focused analysis of profitability and expense management. A notable shift in cost of sales emerges, increasing substantially towards the end of the period, particularly in December 2025.
- Gross Profit
- Gross profit as a percentage of revenue demonstrates fluctuations. Initial values hover around 8-13% before declining to a low of 5.44% in December 2021. A recovery is observed through 2022 and into early 2023, but a sharp decline occurs in December 2023 and continues into December 2025, resulting in a negative gross profit margin of -21.62%. This suggests increasing cost pressures or declining pricing power.
- Operating Income
- Operating income mirrors the gross profit trend, experiencing periods of profitability and loss. A negative operating margin is recorded in June 2021 and December 2021. The period from March 2022 to September 2023 shows positive operating margins, peaking at 7.56% in June 2022. However, a significant loss is recorded in December 2025, with an operating margin of -27.23%, indicating substantial operational challenges.
- Selling, Administrative, and Other Expenses
- These expenses consistently represent a significant portion of revenue, generally ranging between 5.70% and 11.91%. A gradual decrease is observed from 2021 to 2023, suggesting some cost control measures. However, expenses increase again in late 2024 and 2025, though not at the same rate as the decline in gross profit.
- Ford Credit Impact
- Ford Credit revenues and expenses contribute noticeably to overall results. Ford Credit revenues fluctuate between approximately 5.40% and 10.78% of total revenues. Expenses related to Ford Credit also represent a consistent portion of revenue, generally between 3.62% and 7.29%. The combined effect of these items impacts overall profitability.
- Other Income and Taxes
- Other income exhibits substantial variability, with a particularly large positive impact in December 2021 (30.73%). This is offset by a significant negative impact in March 2022 (-15.06%). The provision for income taxes also fluctuates, sometimes acting as a benefit and other times as an expense, further contributing to the volatility of net income.
- Net Income
- Net income demonstrates the most dramatic fluctuations. A peak is observed in December 2021 (34.76%), followed by a substantial loss in March 2022 (-9.69%). The period from March 2023 to September 2025 shows moderate profitability, but December 2025 results in a significant net loss (-26.07%), driven by the combined effects of declining gross profit and increased expenses. Net income attributable to Ford Motor Company follows a similar pattern.
Overall, the financial performance is characterized by considerable volatility. While periods of profitability are present, the pronounced decline in gross profit and subsequent net loss in the most recent quarter (December 2025) raise concerns about the company’s ability to maintain profitability in the face of changing market conditions or internal challenges.