Total Asset Turnover
since 2005
Calculation
Ford Motor Co., total asset turnover, long-term trends, calculation
| Total asset turnover | = | Company revenues excluding Ford Credit1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|
| Dec 31, 2025 | 0.60 | = | 173,996) | ÷ | 289,160) |
| Dec 31, 2024 | 0.61 | = | 172,706) | ÷ | 285,196) |
| Dec 31, 2023 | 0.61 | = | 165,901) | ÷ | 273,310) |
| Dec 31, 2022 | 0.58 | = | 148,980) | ÷ | 255,884) |
| Dec 31, 2021 | 0.49 | = | 126,150) | ÷ | 257,035) |
| Dec 31, 2020 | 0.43 | = | 115,885) | ÷ | 267,261) |
| Dec 31, 2019 | 0.56 | = | 143,599) | ÷ | 258,537) |
| Dec 31, 2018 | 0.58 | = | 148,294) | ÷ | 256,540) |
| Dec 31, 2017 | 0.56 | = | 145,653) | ÷ | 257,808) |
| Dec 31, 2016 | 0.59 | = | 141,546) | ÷ | 237,951) |
| Dec 31, 2015 | 0.62 | = | 140,566) | ÷ | 224,925) |
| Dec 31, 2014 | 0.65 | = | 135,782) | ÷ | 208,527) |
| Dec 31, 2013 | 0.69 | = | 139,369) | ÷ | 202,026) |
| Dec 31, 2012 | 0.66 | = | 126,567) | ÷ | 190,554) |
| Dec 31, 2011 | 0.72 | = | 128,168) | ÷ | 179,248) |
| Dec 31, 2010 | 0.72 | = | 119,280) | ÷ | 165,793) |
| Dec 31, 2009 | 0.54 | = | 105,893) | ÷ | 197,890) |
| Dec 31, 2008 | 0.58 | = | 129,166) | ÷ | 222,977) |
| Dec 31, 2007 | 0.54 | = | 154,379) | ÷ | 285,727) |
| Dec 31, 2006 | 0.49 | = | 143,307) | ÷ | 290,217) |
| Dec 31, 2005 | 0.56 | = | 153,503) | ÷ | 275,940) |
Based on: 10-K (reporting date: 2025-12-31), 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 total asset turnover ratio for the period examined demonstrates fluctuations, generally remaining within a relatively narrow range with some notable deviations. An initial decline is observed from 2005 to 2006, followed by a period of relative stability before a significant dip in 2008 coinciding with broader economic challenges. The ratio then experiences a notable increase in 2010 and 2011, before settling into a more moderate range for several years. A substantial decrease is evident in 2020, followed by a recovery in subsequent years, culminating in a relatively stable level in the most recent periods.
- Overall Trend
- The ratio exhibits cyclical behavior. While there isn't a consistent long-term trend of increase or decrease, periods of higher turnover are interspersed with periods of lower turnover. The ratio generally hovered between 0.49 and 0.72 for much of the period, suggesting a fairly consistent efficiency in utilizing assets to generate revenue, though with some variability.
- Early Period (2005-2008)
- From 2005 to 2008, the ratio decreased from 0.56 to 0.58, with a dip to 0.49 in 2006. The increase in 2008, despite a decrease in revenues, suggests a more significant reduction in total assets, potentially indicating asset sales or write-downs. This period reflects a challenging economic environment that impacted revenue generation.
- Recovery and Stability (2009-2014)
- Following 2008, the ratio experienced a recovery, peaking at 0.72 in both 2010 and 2011. It then stabilized in the range of 0.62 to 0.69 for the subsequent years, indicating a period of improved asset utilization and revenue generation. This suggests successful restructuring or operational improvements following the economic downturn.
- Recent Fluctuations (2015-2025)
- From 2015 to 2019, the ratio remained relatively stable, fluctuating between 0.56 and 0.62. A significant decline to 0.43 occurred in 2020, likely attributable to the impact of the COVID-19 pandemic on both revenues and asset base. The ratio then recovered to 0.58 in 2021 and stabilized around 0.61 for the following years, indicating a rebound in operational efficiency. The most recent values suggest a consistent level of asset utilization.
- Correlation with Revenues and Assets
- The ratio's fluctuations are directly linked to changes in both revenues and total assets. Periods of declining revenues, such as 2006, 2008, and 2020, often correspond with lower asset turnover ratios. Conversely, increases in revenue, coupled with relatively stable asset levels, contribute to higher ratios, as seen in 2010 and 2011.
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Comparison to Competitors
Ford Motor Co., total asset turnover, long-term trends, comparison to competitors
| Ford Motor Co. | General Motors Co. | Tesla Inc. | |
|---|---|---|---|
| Dec 31, 2025 | 0.60 | 0.60 | 0.69 |
| Dec 31, 2024 | 0.61 | 0.61 | 0.80 |
| Dec 31, 2023 | 0.61 | 0.58 | 0.91 |
| Dec 31, 2022 | 0.58 | 0.55 | 0.99 |
| Dec 31, 2021 | 0.49 | 0.46 | 0.87 |
| Dec 31, 2020 | 0.43 | 0.46 | 0.60 |
| Dec 31, 2019 | 0.56 | 0.54 | 0.72 |
| Dec 31, 2018 | 0.58 | 0.59 | 0.72 |
| Dec 31, 2017 | 0.56 | 0.63 | 0.41 |
| Dec 31, 2016 | 0.59 | 0.71 | 0.31 |
| Dec 31, 2015 | 0.62 | 0.75 | 0.50 |
| Dec 31, 2014 | 0.65 | 0.85 | 0.55 |
| Dec 31, 2013 | 0.69 | 0.91 | 0.83 |
| Dec 31, 2012 | 0.66 | 1.01 | 0.37 |
| Dec 31, 2011 | 0.72 | 1.03 | 0.29 |
| Dec 31, 2010 | 0.72 | 0.97 | 0.30 |
| Dec 31, 2009 | 0.54 | — | — |
| Dec 31, 2008 | 0.58 | — | — |
| Dec 31, 2007 | 0.54 | — | — |
| Dec 31, 2006 | 0.49 | — | — |
| Dec 31, 2005 | 0.56 | — | — |
Based on: 10-K (reporting date: 2025-12-31), 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., total asset turnover, long-term trends, comparison to sector (automobiles & components)
| Ford Motor Co. | Automobiles & Components | |
|---|---|---|
| Dec 31, 2025 | 0.60 | 0.62 |
| Dec 31, 2024 | 0.61 | 0.64 |
| Dec 31, 2023 | 0.61 | 0.64 |
| Dec 31, 2022 | 0.58 | 0.62 |
| Dec 31, 2021 | 0.49 | 0.52 |
| Dec 31, 2020 | 0.43 | 0.46 |
| Dec 31, 2019 | 0.56 | 0.56 |
| Dec 31, 2018 | 0.58 | 0.59 |
| Dec 31, 2017 | 0.56 | 0.58 |
| Dec 31, 2016 | 0.59 | 0.63 |
| Dec 31, 2015 | 0.62 | 0.68 |
| Dec 31, 2014 | 0.65 | 0.74 |
| Dec 31, 2013 | 0.69 | 0.79 |
| Dec 31, 2012 | 0.66 | 0.81 |
| Dec 31, 2011 | 0.72 | 0.85 |
| Dec 31, 2010 | 0.72 | 0.83 |
| Dec 31, 2009 | 0.54 | 0.54 |
| Dec 31, 2008 | 0.58 | 0.58 |
| Dec 31, 2007 | 0.54 | 0.54 |
| Dec 31, 2006 | 0.49 | 0.49 |
| Dec 31, 2005 | 0.56 | 0.56 |
Based on: 10-K (reporting date: 2025-12-31), 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., total asset turnover, long-term trends, comparison to industry (consumer discretionary)
| Ford Motor Co. | Consumer Discretionary | |
|---|---|---|
| Dec 31, 2025 | 0.60 | 0.86 |
| Dec 31, 2024 | 0.61 | 0.93 |
| Dec 31, 2023 | 0.61 | 0.97 |
| Dec 31, 2022 | 0.58 | 0.96 |
| Dec 31, 2021 | 0.49 | 0.88 |
| Dec 31, 2020 | 0.43 | 0.84 |
| Dec 31, 2019 | 0.56 | 0.94 |
| Dec 31, 2018 | 0.58 | 0.96 |
| Dec 31, 2017 | 0.56 | 0.93 |
| Dec 31, 2016 | 0.59 | 0.96 |
| Dec 31, 2015 | 0.62 | 0.98 |
| Dec 31, 2014 | 0.65 | 1.02 |
| Dec 31, 2013 | 0.69 | 1.04 |
| Dec 31, 2012 | 0.66 | 1.06 |
| Dec 31, 2011 | 0.72 | 1.08 |
| Dec 31, 2010 | 0.72 | 1.04 |
| Dec 31, 2009 | 0.54 | 0.94 |
| Dec 31, 2008 | 0.58 | 0.96 |
| Dec 31, 2007 | 0.54 | 0.88 |
| Dec 31, 2006 | 0.49 | 0.82 |
| Dec 31, 2005 | 0.56 | 0.85 |
Based on: 10-K (reporting date: 2025-12-31), 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).