Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Ford Motor Co., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 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), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
- Payables
- Payables as a percentage of total liabilities and equity show an overall increasing trend from 6.98% in early 2020 to around 9-10% in subsequent years, peaking close to 10.96% in late 2022. The proportion slightly declines after that but remains relatively stable near 9-10% until the latest periods.
- Other liabilities and deferred revenue
- This category fluctuates moderately around 7-10% of total liabilities and equity, with a modest upward trend observed from approximately 7.8% in early 2020 to around 9-10% by 2025, showing some quarterly volatility but generally stable growth.
- Company excluding Ford Credit
- Proportions are generally low, mostly under 1% in early data but demonstrate a slight increase in later years reaching up to around 1.5% by mid-2025, indicating a marginal rise in these liabilities relative to the total.
- Ford Credit
- Ford Credit constitutes a significant and fairly stable portion of liabilities and equity, fluctuating between approximately 17.5% and 19.8%. The data shows periodic slight declines and recoveries without a clear long-term upward or downward trend.
- Debt payable within one year
- This short-term debt remains relatively consistent, averaging around 18-20% of total liabilities and equity, with minor fluctuations but no significant directional changes over the observed periods.
- Current liabilities
- Current liabilities steadily represent between 33% and nearly 39% of total liabilities and equity, with a gradual increase noted especially from 2021 onward, peaking close to 39% in mid-2025, indicating rising short-term obligations.
- Long-term debt payable after one year
- Long-term debt experience a noticeable decline from over 44% in early 2020 to about 34-36% in later periods, suggesting a reduction in long-term debt obligations relative to total liabilities and equity over the years.
- Deferred income taxes
- This item remains a minor share, generally less than 1%, though it shows slight growth from approximately 0.17% to over 0.5%, reflecting a slowly increasing deferred tax liability component.
- Non-current liabilities
- Non-current liabilities as a whole move downward from approximately 53-54% in early 2020 to around 45-47% in recent periods, tracking the decline in long-term debt and contributing to a rebalancing of the company’s liability structure.
- Total liabilities
- Total liabilities relative to total liabilities and equity decrease from around 89% in 2020 to consistently near 83-84% afterward, reflecting a modest reduction in leverage or a relative increase in equity.
- Equity components
-
- Common Stock and Class B Stock
- Both represent a negligible percentage of total liabilities and equity, remaining stable at about 0.01-0.02% throughout.
- Capital in excess of par value of stock
- This item remains relatively constant, hovering between 7.9% and 9.2%, with a slight decline in recent quarters.
- Retained earnings
- Retained earnings display growth from around 6.6% in early 2020 up to approximately 12-13% mid-period, peaking near 13.9% in late 2021 and then stabilizing in a range of about 11-12% in subsequent quarters, indicating strong accumulation of earnings over time.
- Accumulated other comprehensive loss
- Typically negative and ranging between -2.6% and -4.1%, this item shows some volatility but generally a slight improvement (less negative) toward the latest data.
- Treasury stock
- Also negative, treasury stock remains relatively stable between approximately -0.6% and -1.0%, indicating consistent levels of repurchased shares or treasury holdings.
- Equity attributable to Ford Motor Company
- The core equity metric rises significantly from about 11.2% in early 2020 to nearly 19% by late 2021, before settling back to mid-teens around 15-17% in later periods. This pattern suggests cyclical changes in equity balance, potentially due to earnings or capital activity fluctuations.
- Equity attributable to noncontrolling interests
- Minimal and fluctuating close to zero across all periods, indicating limited impact on overall equity structure.
- Total equity
- Total equity follows a similar pattern to Ford Motor Company equity, increasing from around 11.2% to almost 19% by late 2021, then decreasing slightly and stabilizing near 15-16% thereafter.
- Summary of structure changes
- The overall capital structure displays a gradual deleveraging trend, with total liabilities decreasing slightly as a percentage of total liabilities and equity and a corresponding relative increase in equity components. Long-term debt has notably decreased, compensated in part by a small rise in current liabilities. Retained earnings have grown substantially, supporting equity growth, while other equity components remain relatively steady. The company appears to maintain a consistent balance between debt and equity with occasional fluctuations tied to quarterly performance and balance sheet management.