FFord Motor Company
Is the business good?
More warning than reassurance: 3 of 9 health tests passed and margins compressing.
Weak, deteriorating fundamentals. Nine pass/fail tests of year-over-year health from the filings.
Operating margin has narrowed over the past few years, profitability per dollar of sales is eroding.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is F?
Ford Motor Company keeps −3.7% of every revenue dollar as operating profit, against −3.6% for the median Auto Manufacturers name.
Operating margin · Auto Manufacturers median −3.6% · 12 months to Q2 2026
- Share count, year on year
- +0.18%
Share count, year on year · flat: no meaningful dilution
- Gross margin
- 8.2%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | −3.5% |
| FY2021 | 3.3% |
| FY2022 | 4.0% |
| FY2023 | 3.1% |
| FY2024 | 2.8% |
| FY2025 | −4.9% |
Details›
- Gross margin12 months to Q2 2026
- 8.2%
- Operating margin12 months to Q2 2026
- −3.7%
- Net margin12 months to Q2 2026
- −3.9%
- Free cash flow margin
- 3.9%
- Revenue, trailing twelve months
- $188.0B
- Free cash flow, trailing twelve months
- $7.28B
- Net income, trailing twelve months
- −$7.38B
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from F and who it buys from, as the companies report it.
None disclosed.
- DANDana Incorporated32%
F is 32% of its revenue · FY2025 10-K
- DCHDauch Corporation15%
F is 15% of its revenue · FY2025 10-K
- BWABorgWarner Inc.12%
F is 12% of its revenue · FY2025 10-K
- FOXFFox Factory Holding Corp12%
F is 12% of its revenue · FY2025 10-K
- MGAMagna International Inc.12%
F is 12% of its revenue · FY2025 40-F
- ADNTAdient plc11%
F is 11% of its revenue · FY2025 10-K
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; F’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported. A link without a share is named in one of the two companies’ annual reports, without a figure.
Auto Manufacturers
The closest names by size in the same industry