Consumer Discretionary · Automobile Manufacturers · US stock · price as of 16 Oct 2026
Key indicators
Price
$12.43
52-week range
$10.85 – $17.59
Market cap
$50.6B
P/E (trailing)
–
EV / EBITDA
2.3×
Free-cash-flow yield
18.9%
Dividend yield
4.8%
Revenue (last 12 months)
$189.9B
Revenue growth (3y a year)
5.8%
Operating margin
−3.8%
Return on invested capital
−81.2%
Net debt / EBITDA
–
Fair value
Blended fair value$51.91 book-value models
Versus priceData under review+0% to fair value
Peer multiples
$51.91
Model uncertainty
Medium
X-Ray Score
40/ 100 · Medium confidence · ahead of 13% of sector peers
Valuation70
Growth34
Profitability23
Financial health18
Dividends60
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Ford Motor Company designs, builds and services cars, trucks, SUVs and commercial vehicles under the Ford and Lincoln brands. Products include the F-Series pickup, Mustang and Bronco, along with electric and commercial models. Customers are individual car owners, commercial and fleet operators, and dealers. Its operations include Ford Pro for commercial customers, Ford Blue for combustion and hybrid vehicles, Ford Model e for electric vehicles, and Ford Credit for financing.
Ford earns money from vehicle supply to dealers and fleets, from parts and services, and from the financing and leasing of its vehicles. Revenue is $189.9 billion over the last twelve months, with growth of 5.8% a year across three years. However, the operating margin is -3.8%, meaning the business records an operating loss, and it earns -81% on the capital invested in it, which is a loss. The dividend yield is 4.8%.
StocksXray gives Ford Motor Co an X-Ray Score of 40 out of 100 (medium confidence), ahead of 13% of the S&P 500 stocks in its sector. Its strongest lens is valuation (70) and its weakest is financial health (18).
Our fair value blend is $51.91. At $12.43 the stock trades 76% below that blend, so the label is "Data under review" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Ford Motor Co (F)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$15.30
$8.85
$10.25
$8.91
$12.68
$12.43
Market cap
$61.7B
$35.5B
$41.4B
$35.8B
$50.5B
$50.6B
P/E
3.4×
–
9.5×
6.1×
–
–
EV / revenue
0.1×
-0.1×
0.0×
0.0×
0.1×
0.1×
EV / EBITDA
1.0×
-0.6×
0.1×
-0.2×
1.8×
2.3×
Price / free cash flow
6.5×
–
6.2×
5.3×
4.0×
5.3×
Free-cash-flow yield
15.5%
−0.0%
16.1%
18.8%
24.7%
18.9%
Price / book
1.3×
0.8×
1.0×
0.8×
1.4×
1.4×
Dividend yield
0.65%
5.65%
12.20%
8.75%
5.91%
4.83%
Fundamentals checklist ● 3 Good · ● 3 Average · ● 6 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−8.9%Good
Free-cash-flow yield18.9%Good
Risk models
Altman Z score0.5×Bad
Piotroski F-Score3 of 9Bad
Growth
Revenue growth (3y)5.8%Average
Growth consistency80%Average
Balance sheet
Current ratio1.1×Average
Valuation
Fair value vs price4.2×Good
EBIT / EV yield−35.5%Bad
Profitability
Return on invested capital−81.2%Bad
Operating margin−3.8%Bad
Gross profitability5.4%Bad
XStocksXray
Ford Motor Co (F)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
136,341
158,057
176,191
184,992
187,267
189,861
Gross profit
21,690
23,660
25,641
26,558
12,801
15,272
Operating income
4,523
6,276
5,458
5,219
-9,169
-7,159
Net income
17,937
-1,981
4,347
5,879
-8,162
-6,091
Diluted EPS ($)
4.45
-0.49
1.08
1.46
-2.06
-1.52
Free cash flow
9,560
-13
6,682
6,739
12,467
9,546
Gross margin
15.9%
15.0%
14.6%
14.4%
6.8%
8.0%
Operating margin
3.3%
4.0%
3.1%
2.8%
−4.9%
−3.8%
Net margin
13.2%
−1.3%
2.5%
3.2%
−4.4%
−3.2%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
257,035
255,884
273,310
285,196
289,160
282,434
Cash
20,540
25,134
24,862
22,935
23,356
17,649
Total debt
–
–
–
–
–
–
Equity
48,519
43,242
42,773
44,835
35,952
37,453
Dividend per share ($)
0.10
0.50
1.25
0.78
0.75
–
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.