Ford Motor Company's Stock Analysis

Ford Reports Fourth-Quarter and Full-Year 2025 Financial Results

Ford Motor Company reported fourth-quarter revenue of $45.9 billion, a decrease of 5% from the previous year, and a net loss of $11.1 billion. For the full year 2025, revenue increased to $187.3 billion, marking the fifth consecutive year of revenue growth, although the company still faced a net loss of $8.2 billion. Adjusted earnings before interest and taxes (EBIT) for the fourth quarter was $1.0 billion, while full-year adjusted EBIT was $6.8 billion. Ford generated $21.3 billion in operating cash flow for the year, with adjusted free cash flow at $3.5 billion. At year-end, the company had nearly $29 billion in cash and $50 billion in liquidity.

In terms of business segments, Ford Pro generated over $66 billion in revenue with an EBIT of $6.8 billion, while Ford Model e reported a full-year EBIT loss of $4.8 billion. Ford Blue delivered $3.0 billion in EBIT for the year. Looking ahead to 2026, Ford anticipates adjusted EBIT of $8.0 billion to $10.0 billion and adjusted free cash flow of $5.0 billion to $6.0 billion, with capital expenditures projected between $9.5 billion and $10.5 billion.

Feb 10, 2026 16:08:19

Ford Reports Significant Remeasurement Loss for Pension Plans

Ford Motor Company announced it expects to record a pre-tax remeasurement loss of approximately $0.6 billion related to its pension and other postretirement employee benefits in the fourth quarter of 2025. This loss includes $0.3 billion for U.S. pension plans and $0.3 billion for non-U.S. pension plans, primarily due to actuarial and measurement assumption changes. The after-tax impact is projected to reduce net income by about $0.5 billion but will not affect adjusted EBIT or adjusted earnings per share.

Despite the anticipated losses, Ford's funded plans remain fully funded. The company expects the underfunded status of its pension and OPEB plans to be approximately $0.2 billion and $4.4 billion, respectively, at the end of 2025, showing a slight improvement in the pension plans from $0.5 billion underfunded at the end of 2024, while the OPEB plans remain unchanged.

Jan 29, 2026 16:33:26

Ford Reports 6% Increase in 2025 Vehicle Sales

Ford Motor Company reported a 6% increase in total vehicle sales for 2025, reaching 2,204,124 vehicles. The company also gained market share, increasing by 0.6 percentage points to 13.2% for the year. Notable sales highlights include the F-Series maintaining its status as America's best-selling truck for the 49th consecutive year, with sales of 828,832 trucks, and record hybrid sales of 228,072 vehicles, marking a 21.7% increase. The Ford Maverick and Explorer also achieved record sales, with the Maverick selling 155,051 units and the Explorer 222,706 units, respectively.

In the commercial vehicle sector, Ford continues to lead, with the Ford Pro Transit Van achieving record sales of 161,797 units. The company's digital services, including Ford Pro Intelligence, saw a growth of approximately 30% year-over-year in paid software subscriptions, totaling about 840,000 active subscriptions. Ford's diverse product lineup and focus on affordability have contributed to its success, with significant increases in sales of entry-level trims across various models, responding to customer demand.

Jan 06, 2026 09:16:43

Ford Motor Company Announces Major EV Strategy Changes

Ford Motor Company is adjusting its electric vehicle (EV) strategy due to lower-than-expected market adoption and regulatory challenges. The company plans to cancel three previously planned EV models, including the current generation F-150 Lightning, and rationalize its EV manufacturing capacity. This decision is expected to lead to approximately $8.5 billion in asset write-downs and $19.5 billion in special items, with the majority recorded in the fourth quarter of 2025. Ford anticipates $5.5 billion in cash effects from these actions, primarily in 2026 and 2027.

In addition, Ford is shifting its focus towards higher-return opportunities by expanding its lineup of trucks and hybrids, while investing in a new battery energy storage business. The company aims for about 50% of its global volume to consist of hybrids and electric vehicles by 2030. These strategic adjustments are intended to enhance profitability and align production with customer demand, reinforcing Ford's position as a leading employer in the U.S. automotive sector.

Dec 15, 2025 16:07:14

Ford Motor Company Updates Benefit Plans and By-Laws

Ford Motor Company's Board of Directors approved amendments to the Benefit Equalization Plan and Select Retirement Plan, effective January 1, 2026. The Select Retirement Plan will be closed to new retirees starting January 2, 2026.

Additionally, the Board adopted amendments to the Company’s By-Laws on December 11, 2025, which include updates for stockholder and Board meetings, removal of the director retirement age provision, and modernization of the advance notice requirements for stockholder nominations. These changes aim to streamline operations and align with recent regulatory developments.

Dec 12, 2025 16:15:45

Ford and Novelis Update on Aluminum Supply Chain Incident

Ford Motor Company and Novelis reported that a fire at the Novelis Oswego aluminum plant on November 20, 2025, was contained without injuries. Operations at the plant have resumed, and it continues to supply Ford with finished materials. Novelis is also planning to build a new aluminum plant in Bay Minette, Alabama, expected to start commissioning in late 2026, to enhance the U.S. aluminum supply chain.

Ford reaffirmed its financial guidance for the full year 2025, projecting adjusted EBIT between $6 billion and $6.5 billion and adjusted free cash flow between $2 billion and $3 billion. The company emphasized that it does not provide guidance for net income or net cash from operations due to the unpredictability of certain items. Further updates from both Ford and Novelis will be shared as more information becomes available.

Nov 21, 2025 13:32:27

Ford Reports Third Quarter 2025 Financial Results and Dividend

Ford Motor Company announced its third-quarter 2025 financial results, reporting a record revenue of $50.5 billion, a 9% increase from the previous year. The company achieved a net income of $2.4 billion and an adjusted EBIT of $2.6 billion, despite facing $0.7 billion in adverse net tariff-related impacts. Operating cash flow reached $7.4 billion, with adjusted free cash flow at $4.3 billion. Ford declared a fourth-quarter regular dividend of 15 cents per share, payable on December 1, 2025, to shareholders of record by November 7, 2025. The company maintained nearly $33 billion in cash and $54 billion in liquidity at the end of the quarter.

Looking ahead, Ford provided guidance for full-year 2025, projecting adjusted EBIT between $6.0 billion and $6.5 billion and adjusted free cash flow of $2.0 billion to $3.0 billion. The company is navigating challenges related to a Novelis fire, which is expected to impact adjusted EBIT by $1.5 billion to $2.0 billion in the fourth quarter. Ford plans to create up to 1,000 jobs to increase F-Series production volume to meet customer demand and mitigate production losses. The management emphasized their commitment to improving operational efficiency and responding strategically to market demands.

Oct 23, 2025 16:08:43

Ford Reports 8.2% Increase in Q3 U.S. Sales Growth

Ford Motor Company reported an 8.2% increase in U.S. sales for the third quarter of 2025, marking seven consecutive months of growth. Total sales reached 545,522 vehicles, driven by significant demand for its trucks, SUVs, and electrified vehicles. The F-Series continues to be the best-selling truck in America, with 620,580 units sold year-to-date. Electrified vehicle sales also set a record, reaching 85,789 units, representing 15.7% of total sales for the quarter.

The company’s Ford Pro division saw a 30% increase in paid software subscriptions, totaling approximately 815,000. Sales of the Expedition and Bronco SUVs experienced notable growth, with the Expedition recording its best third quarter in 20 years. Additionally, Ford maintained its leadership in commercial vehicles, holding a 43% market share in Class 1-7 trucks and vans. The growth in digital services and software subscriptions indicates a strategic shift towards enhancing customer experiences and expanding revenue streams.

Oct 01, 2025 09:45:41

Ford Reports Q2 2025 Results and Dividend Declaration

Ford Motor Company announced its second-quarter 2025 financial results, reporting a revenue of $50.2 billion, a 5% increase from the same period last year. The company incurred a net loss of $36 million due to special charges, while adjusted earnings before interest and taxes (EBIT) stood at $2.1 billion. Ford's operating cash flow was $6.3 billion, and adjusted free cash flow was $2.8 billion. The company also declared a regular dividend of 15 cents per share for the third quarter, payable on September 2, 2025.

In addition to the quarterly results, Ford provided updated full-year guidance, projecting adjusted EBIT between $6.5 billion and $7.5 billion and adjusted free cash flow of $3.5 billion to $4.5 billion. The company highlighted a net tariff-related headwind expected to impact earnings by approximately $2 billion. Ford's various business segments showed mixed performance, with Ford Pro achieving significant growth in EBIT, while Ford Model e reported increased losses due to strategic investments in electric vehicles.

Jul 30, 2025 16:08:33

Ford Secures $3 Billion Term Loan Credit Agreement

Ford Motor Company has entered into a Term Loan Credit Agreement providing $3.0 billion in commitments from various lenders, available until July 28, 2026. The agreement is unsecured and features interest rates based on market conditions, with loans maturing on December 31, 2028. It includes standard covenants requiring the maintenance of financial reporting and corporate existence, along with certain limitations on mergers and asset transactions.

Additionally, the Credit Agreement mandates that Ford maintain at least $4 billion in cash and liquid assets. The terms do not impose conditions related to adverse changes in credit ratings that could affect borrowing capabilities. Some lenders involved in the agreement also have existing financial relationships with Ford, which may influence future financial services provided to the company.

Jul 28, 2025 16:21:38