Return on Assets (ROA)
since 2005
Calculation
Ford Motor Co., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income (loss) attributable to Ford Motor Company1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2024 | 2.06% | = | 100 | × | 5,879) | ÷ | 285,196) |
| Dec 31, 2023 | 1.59% | = | 100 | × | 4,347) | ÷ | 273,310) |
| Dec 31, 2022 | -0.77% | = | 100 | × | (1,981) | ÷ | 255,884) |
| Dec 31, 2021 | 6.98% | = | 100 | × | 17,937) | ÷ | 257,035) |
| Dec 31, 2020 | -0.48% | = | 100 | × | (1,279) | ÷ | 267,261) |
| Dec 31, 2019 | 0.02% | = | 100 | × | 47) | ÷ | 258,537) |
| Dec 31, 2018 | 1.43% | = | 100 | × | 3,677) | ÷ | 256,540) |
| Dec 31, 2017 | 2.95% | = | 100 | × | 7,602) | ÷ | 257,808) |
| Dec 31, 2016 | 1.93% | = | 100 | × | 4,596) | ÷ | 237,951) |
| Dec 31, 2015 | 3.28% | = | 100 | × | 7,373) | ÷ | 224,925) |
| Dec 31, 2014 | 1.53% | = | 100 | × | 3,187) | ÷ | 208,527) |
| Dec 31, 2013 | 3.54% | = | 100 | × | 7,155) | ÷ | 202,026) |
| Dec 31, 2012 | 2.97% | = | 100 | × | 5,665) | ÷ | 190,554) |
| Dec 31, 2011 | 11.28% | = | 100 | × | 20,213) | ÷ | 179,248) |
| Dec 31, 2010 | 3.96% | = | 100 | × | 6,561) | ÷ | 165,793) |
| Dec 31, 2009 | 1.37% | = | 100 | × | 2,717) | ÷ | 197,890) |
| Dec 31, 2008 | -6.58% | = | 100 | × | (14,672) | ÷ | 222,977) |
| Dec 31, 2007 | -0.95% | = | 100 | × | (2,723) | ÷ | 285,727) |
| Dec 31, 2006 | -4.35% | = | 100 | × | (12,613) | ÷ | 290,217) |
| Dec 31, 2005 | 0.73% | = | 100 | × | 2,024) | ÷ | 275,940) |
Based on: 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), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
The financial data reveals notable fluctuations in profitability and asset trends over the examined period. Net income attributable to the company experienced pronounced volatility, including several years of substantial losses, most notably in 2006, 2008, and 2007, with losses exceeding $10 billion in some instances. Following these challenging years, there were periods of recovery and profitability improvements, highlighted by a peak net income in 2011 exceeding $20 billion. However, the net income figures do not exhibit a stable upward or downward trajectory but rather alternate between profits and losses through subsequent years, underscoring ongoing operational challenges and market conditions affecting earnings.
Total assets display a general upward trend between 2009 and 2024, increasing from roughly $166 billion in 2010 to approximately $285 billion in 2024. Despite some fluctuations between years, this growth suggests a strategy of asset expansion or accumulation, possibly reflecting investments or acquisitions. The overall asset base more than doubled compared to the lowest point in 2010, indicating significant scaling or capital deployment during the timeframe.
Return on assets (ROA) mismatches the trends observed in net income and assets, indicating inconsistent efficiency in generating profit from the asset base. ROA ranged from negative values as low as -6.58% in 2008 to peaks above 11% in 2011. Most years feature modest positive returns below 4%, suggesting that despite asset growth, profitability relative to asset size has been moderate and variable. The negative ROA in certain years highlights periods where asset deployment did not translate into net earnings, consistent with the substantial net losses reported in corresponding years.
Overall, the data points to a company navigating cyclical and operational pressures with uneven profitability, an expanding asset base, and fluctuating asset efficiency. The most profitable year within the series reveals potential for strong returns, but the recurring losses and negative returns demonstrate the need for continued focus on balancing asset growth with sustainable profitability initiatives.
Comparison to Competitors
Ford Motor Co., ROA, long-term trends, comparison to competitors
| Ford Motor Co. | General Motors Co. | Tesla Inc. | |
|---|---|---|---|
| Dec 31, 2024 | 2.06% | 2.15% | 5.81% |
| Dec 31, 2023 | 1.59% | 3.71% | 14.07% |
| Dec 31, 2022 | -0.77% | 3.76% | 15.25% |
| Dec 31, 2021 | 6.98% | 4.09% | 8.88% |
| Dec 31, 2020 | -0.48% | 2.73% | 1.38% |
| Dec 31, 2019 | 0.02% | 2.95% | -2.51% |
| Dec 31, 2018 | 1.43% | 3.53% | -3.28% |
| Dec 31, 2017 | 2.95% | -1.82% | -6.84% |
| Dec 31, 2016 | 1.93% | 4.25% | -2.98% |
| Dec 31, 2015 | 3.28% | 4.98% | -10.98% |
| Dec 31, 2014 | 1.53% | 2.22% | -5.03% |
| Dec 31, 2013 | 3.54% | 3.21% | -3.06% |
| Dec 31, 2012 | 2.97% | 4.14% | -35.56% |
| Dec 31, 2011 | 11.28% | 6.36% | -35.66% |
| Dec 31, 2010 | 3.96% | 4.44% | -39.97% |
| Dec 31, 2009 | 1.37% | — | — |
| Dec 31, 2008 | -6.58% | — | — |
| Dec 31, 2007 | -0.95% | — | — |
| Dec 31, 2006 | -4.35% | — | — |
| Dec 31, 2005 | 0.73% | — | — |
Based on: 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), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Automobiles & Components)
Ford Motor Co., ROA, long-term trends, comparison to sector (automobiles & components)
| Ford Motor Co. | Automobiles & Components | |
|---|---|---|
| Dec 31, 2024 | 2.06% | 2.76% |
| Dec 31, 2023 | 1.59% | 4.51% |
| Dec 31, 2022 | -0.77% | 3.41% |
| Dec 31, 2021 | 6.98% | 5.94% |
| Dec 31, 2020 | -0.48% | 1.06% |
| Dec 31, 2019 | 0.02% | 1.14% |
| Dec 31, 2018 | 1.43% | 2.09% |
| Dec 31, 2017 | 2.95% | 0.36% |
| Dec 31, 2016 | 1.93% | 2.77% |
| Dec 31, 2015 | 3.28% | 3.78% |
| Dec 31, 2014 | 1.53% | 1.75% |
| Dec 31, 2013 | 3.54% | 3.35% |
| Dec 31, 2012 | 2.97% | 3.36% |
| Dec 31, 2011 | 11.28% | 8.98% |
| Dec 31, 2010 | 3.96% | 4.12% |
| Dec 31, 2009 | 1.37% | 1.37% |
| Dec 31, 2008 | -6.58% | -6.58% |
| Dec 31, 2007 | -0.95% | -0.95% |
| Dec 31, 2006 | -4.35% | -4.35% |
| Dec 31, 2005 | 0.73% | 0.73% |
Based on: 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), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Consumer Discretionary)
Ford Motor Co., ROA, long-term trends, comparison to industry (consumer discretionary)
| Ford Motor Co. | Consumer Discretionary | |
|---|---|---|
| Dec 31, 2024 | 2.06% | 8.18% |
| Dec 31, 2023 | 1.59% | 7.66% |
| Dec 31, 2022 | -0.77% | 4.94% |
| Dec 31, 2021 | 6.98% | 8.07% |
| Dec 31, 2020 | -0.48% | 4.42% |
| Dec 31, 2019 | 0.02% | 5.57% |
| Dec 31, 2018 | 1.43% | 5.96% |
| Dec 31, 2017 | 2.95% | 4.05% |
| Dec 31, 2016 | 1.93% | 5.57% |
| Dec 31, 2015 | 3.28% | 6.25% |
| Dec 31, 2014 | 1.53% | 4.75% |
| Dec 31, 2013 | 3.54% | 5.52% |
| Dec 31, 2012 | 2.97% | 5.65% |
| Dec 31, 2011 | 11.28% | 9.48% |
| Dec 31, 2010 | 3.96% | 6.05% |
| Dec 31, 2009 | 1.37% | 4.67% |
| Dec 31, 2008 | -6.58% | 0.21% |
| Dec 31, 2007 | -0.95% | 2.85% |
| Dec 31, 2006 | -4.35% | 0.60% |
| Dec 31, 2005 | 0.73% | 3.80% |
Based on: 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), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).