Stock Analysis on Net

Ford Motor Co. (NYSE:F)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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Ford Motor Co., consolidated balance sheet: liabilities and stockholders’ equity (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
Payables
Other liabilities and deferred revenue
Company excluding Ford Credit
Ford Credit
Debt payable within one year
Current liabilities
Other liabilities and deferred revenue
Company excluding Ford Credit
Ford Credit
Long-term debt payable after one year
Deferred income taxes
Non-current liabilities
Total liabilities
Common Stock, par value $0.01 per share
Class B Stock, par value $0.01 per share
Capital in excess of par value of stock
Retained earnings
Accumulated other comprehensive loss
Treasury stock
Equity attributable to Ford Motor Company
Equity attributable to noncontrolling interests
Total equity
Total liabilities and equity

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).


The balance sheet exhibits a general expansion in total liabilities and equity, increasing from 260,819 million USD in March 2021 to 282,434 million USD by March 2026. This growth is primarily driven by a steady rise in total liabilities, which climbed from 226,845 million USD to 244,950 million USD over the analyzed period, indicating an increasing reliance on external financing and obligations.

Liability Composition and Debt Trends
Current liabilities show a general upward trajectory, rising from 94,249 million USD in March 2021 to a peak of 116,648 million USD in September 2025, before settling at 106,679 million USD in March 2026. A primary driver of this increase is debt payable within one year, which rose from 49,471 million USD to a peak of 57,628 million USD in September 2025.
Non-current liabilities also grew steadily, moving from 132,596 million USD in March 2021 to 138,271 million USD by March 2026. Long-term debt payable after one year followed a similar path, ending the period at 106,335 million USD, representing a gradual increase from the initial 103,201 million USD.
Impact of Ford Credit
Financial obligations associated with Ford Credit constitute a substantial portion of the total liability load. Both current and non-current Ford Credit liabilities trended upward; specifically, non-current obligations increased from 78,382 million USD in March 2021 to 90,008 million USD by March 2026, highlighting the significant role of the financing arm in the overall capital structure.
Equity and Retained Earnings Dynamics
Total equity demonstrated significant volatility throughout the period. After peaking at 48,622 million USD in December 2021, equity remained relatively stable between 42,000 and 47,000 million USD for several years. However, a sharp contraction occurred toward the end of the timeline, with total equity falling to 35,980 million USD in December 2025 before recovering slightly to 37,484 million USD in March 2026.
This equity decline is closely linked to fluctuations in retained earnings, which dropped from a peak of 35,769 million USD in December 2021 to 22,508 million USD in December 2025. Simultaneously, treasury stock increased from 1,585 million USD in March 2021 to 3,039 million USD in March 2026, suggesting a sustained program of share repurchases that reduced overall stockholders' equity.