Stock Analysis on Net

Ford Motor Co. (NYSE:F)

$24.99

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

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Ford Motor Co., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Mar 31, 2026 Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash and cash equivalents
Marketable securities
Ford Credit finance receivables, net of allowance for credit losses
Trade and other receivables, less allowances
Inventories
Other assets
Current assets
Ford Credit finance receivables, net of allowance for credit losses
Net investment in operating leases
Net property
Equity in net assets of affiliated companies
Deferred income taxes
Other assets
Non-current assets
Total assets

Based on: 10-Q (reporting date: 2026-03-31), 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).


Total assets exhibited a general upward trajectory for the majority of the analyzed period, rising from 260,819 million US dollars in March 2021 to a peak of 300,990 million US dollars in September 2025. However, a subsequent contraction is observed in the final two quarters, with total assets declining to 282,434 million US dollars by March 2026.

Liquidity and Short-Term Investments
Cash and cash equivalents demonstrated significant volatility, fluctuating between a high of 27,429 million US dollars in September 2021 and a low of 17,649 million US dollars in March 2026. Concurrently, marketable securities showed a sustained downward trend, decreasing from 24,281 million US dollars in March 2021 to 12,839 million US dollars by March 2026, suggesting a shift in the allocation of liquid reserves.
Credit Financing Assets
Ford Credit finance receivables, both current and non-current, experienced notable growth. Current finance receivables rose from 40,664 million US dollars in March 2021 to a peak of 51,850 million US dollars in December 2024. Non-current finance receivables followed a similar expansionary path, increasing from 52,570 million US dollars in March 2021 to a peak of 60,147 million US dollars in September 2025. This indicates an expansion in the volume of financing activities provided to customers.
Operational Assets and Inventories
Inventories displayed an overall increase over the period, moving from 12,742 million US dollars in March 2021 to peak levels around 18,632 million US dollars in March 2024. Net property assets showed steady growth from 36,361 million US dollars in March 2021 to 44,735 million US dollars in September 2025, before experiencing a sharp reduction to 38,091 million US dollars by March 2026.
Long-Term Asset Trends
The net investment in operating leases initially declined from 27,811 million US dollars in March 2021 to a low of 21,384 million US dollars in December 2023, followed by a strong recovery to 28,983 million US dollars by March 2026. Additionally, deferred income taxes showed a consistent long-term increase, nearly doubling from 12,103 million US dollars in March 2021 to 22,273 million US dollars by March 2026.

The balance sheet reflects a strategic shift toward expanded credit operations and a general increase in the asset base until late 2025. The final quarters of the period are characterized by a reduction in total assets, primarily driven by decreases in cash, marketable securities, and net property.


Assets: Selected Items


Current Assets: Selected Items