Ford
F NYSE Automobile Manufacturers 金融 FY2016–FY2025
Ford's revenue rose 1.2% to $187.3 billion in fiscal 2025. Its operating margin was −4.9%, down from 2.8% a year earlier. Free cash flow was $12.5 billion, up 85.0%. It paid out $3.0 billion in dividends and buybacks, 24% of free cash flow. The diluted share count fell 1.0%.
このデータについて。 Ford's filings tag debt separately for Ford Credit and the rest of the company, with no company-wide total in the SEC's structured data, so debt and debt-based ratios are left blank.
Fordの事業内容
Ford makes and sells trucks, sport utility vehicles, commercial vans and cars under the Ford brand, and luxury vehicles under the Lincoln brand. It also sells parts, accessories, extended service contracts and connected services such as BlueCruise, its hands-free highway driving system. Almost all of its vehicles reach buyers through dealerships, most of them independently owned; it had about 8,226 dealerships worldwide at the end of 2025.
Ford runs its car business in three segments. Ford Blue sells gas-powered and hybrid vehicles to retail buyers. Ford Model e sells electric vehicles and develops the software used across the company. Ford Pro sells vehicles such as the Super Duty pickup and Transit vans, plus fleet services, to businesses, governments and rental companies. A fourth segment, Ford Credit, makes car loans and leases to customers and lends to dealers to finance their inventory. Ford says no single carmaker dominates the global industry, which has many producers.
In 2025 Ford sold about 4,395,000 vehicles to dealers and others worldwide, and it had about 169,000 employees. It says new or revised tariffs cost it about $3 billion in 2025 before offsets. In December 2025 it announced an updated electric vehicle strategy, including plans to dispose of its stake in BlueOval SK, a battery joint venture.
- 正式名称
- Ford Motor Co
- 決算期末
- 2025年12月31日
- 最新の年次報告書
- 10-K · 2026年2月11日
- 受付番号 · CIK
- 0000037996-26-000015
0000037996
売上高と利益率
Fordの2025年度の売上高は$187.3Bで、前年比1.2%増でした。
純利益と1株当たり利益
赤字の期間は赤で表示しています。
資本利益率
事業に投下された資金(負債+自己資本−現金)に対する税引後営業利益の割合。
キャッシュフロー
2025年度のフリーキャッシュフローは$12.5Bで、売上高の6.7%でした。 営業キャッシュフローから設備投資を差し引いた額。
配当、自社株買い、株式数
Fordは2025年度に$3.0Bを株主に還元しました。フリーキャッシュフローの24%にあたります。 希薄化後株式数は1.0%減少しました。
Fordを自分で評価
前提条件を変えて、1株あたりの価値を確認できます。これはモデルであり、予測や目標株価ではありません。結果は入力した値によって決まります。
DCF(割引キャッシュフロー)
1株当たり価値
—
ネットキャッシュ—を加え、希薄化後株式数3,979.0Mで割ります。10年分のキャッシュフローと継続価値を現在価値に割り引いています。
貸借対照表
現金、負債、そしてFordがどれだけ余裕を持って負債を抱えられるかを示す指標。
| 期末 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| 現金および短期投資 | $49.6B | $44.1B | $40.2B | $38.3B | $38.5B |
| インタレスト・カバレッジ | 1.0x | 1.4x | 0.7x | 4.7x | −7.3x |
| 流動比率 | 1.2x | 1.2x | 1.2x | 1.2x | 1.1x |
| 当座比率 | 1.1x | 1.1x | 1.0x | 1.0x | 0.9x |
| 総資産 | $257.0B | $255.9B | $273.3B | $285.2B | $289.2B |
| 負債合計 | $208.4B | $212.7B | $230.5B | $240.3B | $253.2B |
| 自己資本 | $48.5B | $43.2B | $42.8B | $44.8B | $36.0B |
| 純負債 (− = ネットキャッシュ) | — | — | — | — | — |
インサイダー取引
役員、取締役、10%超保有者による市場内での売買(Form 4の届出に基づく)。「計画」は事前に定めたRule 10b5-1プランによる取引を示します。
買い(12か月)
$2.2M
インサイダー2人
売り(12か月)
$0.0M
インサイダー0人
売りのうち計画取引
—
$0.0M
ピオトロスキーFスコア
収益性、資金調達、効率性に関する9つの合否テスト。8〜9は良好、0〜2は弱い。
| テスト | FY23 | FY24 | FY25 |
|---|---|---|---|
| 純利益がプラス | ✓ | ✓ | ✕ |
| 営業キャッシュフローがプラス | ✓ | ✓ | ✓ |
| 総資産利益率が上昇 | ✓ | ✓ | ✕ |
| 営業キャッシュフローが純利益を上回る | ✓ | ✓ | ✓ |
| 資産に対する負債が減少 | — | — | — |
| 流動比率が上昇 | ✕ | ✕ | ✕ |
| 株式数が増えていない | ✕ | ✓ | ✓ |
| 売上総利益率が上昇 | ✕ | ✕ | ✕ |
| 資産に対する売上高が上昇 | ✓ | ✕ | ✕ |
| Fスコア | — / 9 | — / 9 | — / 9 |
| アクルーアル比率 | −4.0% | −3.4% | −10.3% |
| Altman Z'' | 1.18 | 1.11 | 0.38 |
類似企業
各社の直近会計年度のデータです。決算月が異なるため、期間は完全には一致しません。
| 企業 | 時価総額 | 成長率 | 営業利益率 | FCFマージン | ROIC | PER | Fスコア | |
|---|---|---|---|---|---|---|---|---|
| Ford F | $47.2B | 1.2% | −4.9% | 6.7% | — | — | — | |
| General Motors GM | $67.3B | −1.3% | 1.6% | 9.5% | 1.5% | 16.5x | 6 | 比較 → |
| Tesla TSLA | $1.32T | −2.9% | 4.6% | 6.6% | 7.2% | — | 5 | 比較 → |
10年分のデータ
金額はUSD建て。指標名にカーソルを合わせると定義が表示されます。
| 会計年度 | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| 損益計算書 | ||||||||||
| 売上高 | $151.8B | $156.8B | $160.3B | $155.9B | $127.1B | $136.3B | $158.1B | $176.2B | $185.0B | $187.3B |
| 売上総利益 | $25.6B | $25.5B | $24.1B | $21.2B | $14.4B | $21.7B | $23.7B | $25.6B | $26.6B | $12.8B |
| 研究開発費 | $7.3B | $8.0B | $8.2B | $7.4B | $7.1B | $7.6B | $7.8B | $8.2B | $8.0B | $9.4B |
| 営業利益 | — | $4.9B | $3.2B | $574M | −$4.4B | $4.5B | $6.3B | $5.5B | $5.2B | −$9.2B |
| 支払利息 | $894M | $4.4B | $5.2B | $5.4B | $5.1B | $4.6B | $4.6B | $7.6B | $1.1B | $1.3B |
| 税引前利益 | $6.8B | $8.2B | $4.3B | −$640M | −$1.1B | $17.8B | −$3.0B | $4.0B | $7.2B | −$11.8B |
| 法人税 | $2.2B | $402M | $650M | −$724M | $160M | −$130M | −$864M | −$362M | $1.3B | −$3.7B |
| 純利益 | $4.6B | $7.8B | $3.7B | $84.0M | −$1.3B | $17.9B | −$2.0B | $4.3B | $5.9B | −$8.2B |
| 希薄化後EPS | $1.15 | $1.93 | $0.92 | $0.01 | −$0.32 | $4.45 | −$0.49 | $1.08 | $1.46 | −$2.06 |
| 希薄化後株式数 | 4.00B | 4.00B | 4.00B | 4.00B | 3.97B | 4.03B | 4.01B | 4.04B | 4.02B | 3.98B |
| キャッシュフロー | ||||||||||
| 営業キャッシュフロー | $19.9B | $18.1B | $15.0B | $17.6B | $24.3B | $15.8B | $6.9B | $14.9B | $15.4B | $21.3B |
| 設備投資(capex) | $7.0B | $7.0B | $7.8B | $7.6B | $5.7B | $6.2B | $6.9B | $8.2B | $8.7B | $8.8B |
| フリーキャッシュフロー | $12.9B | $11.0B | $7.2B | $10.0B | $18.5B | $9.6B | −$13.0M | $6.7B | $6.7B | $12.5B |
| 減価償却費 | $2.1B | $9.2B | $9.4B | $10.5B | $8.8B | $7.3B | $7.7B | $7.7B | $7.6B | $16.0B |
| 株式報酬 | $210M | $246M | $191M | $228M | $199M | $305M | $336M | $460M | $511M | $510M |
| 買収 | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| 自社株買い | $145M | $131M | $164M | $237M | $0.0M | $0.0M | $484M | $335M | $426M | $0.0M |
| 支払配当金 | $3.4B | $2.6B | $2.9B | $2.4B | $596M | $403M | $2.0B | $5.0B | $3.1B | $3.0B |
| 配当と自社株買い | $3.5B | $2.7B | $3.1B | $2.6B | $596M | $403M | $2.5B | $5.3B | $3.5B | $3.0B |
| 貸借対照表 | ||||||||||
| 現金および短期投資 | $38.8B | $38.9B | $34.0B | $34.7B | $50.0B | $49.6B | $44.1B | $40.2B | $38.3B | $38.5B |
| ファイナンス・リース負債 | $0.0M | $0.0M | $0.0M | $177M | $414M | $565M | $574M | $638M | $805M | $890M |
| 流動資産 | $108.5B | $116.8B | $114.6B | $114.0B | $116.7B | $109.0B | $116.5B | $121.5B | $124.5B | $123.5B |
| 流動負債 | $90.3B | $94.6B | $95.6B | $98.1B | $97.2B | $90.7B | $96.9B | $101.5B | $106.9B | $114.9B |
| 棚卸資産 | $8.9B | $11.2B | $11.2B | $10.8B | $10.8B | $12.1B | $14.1B | $15.7B | $15.0B | $15.3B |
| 有形固定資産(純額) | $32.1B | $35.3B | $36.2B | $36.5B | $37.1B | $37.1B | $37.3B | $40.8B | $41.9B | $37.3B |
| 総資産 | $238.5B | $258.5B | $256.5B | $258.5B | $267.3B | $257.0B | $255.9B | $273.3B | $285.2B | $289.2B |
| 負債合計 | $208.7B | $222.8B | $220.5B | $225.3B | $236.5B | $208.4B | $212.7B | $230.5B | $240.3B | $253.2B |
| 自己資本 | $29.2B | $35.6B | $35.9B | $33.2B | $30.7B | $48.5B | $43.2B | $42.8B | $44.8B | $36.0B |
| 利益率 | ||||||||||
| 売上総利益率 | 16.9% | 16.2% | 15.0% | 13.6% | 11.3% | 15.9% | 15.0% | 14.6% | 14.4% | 6.8% |
| 営業利益率 | — | 3.1% | 2.0% | 0.4% | −3.5% | 3.3% | 4.0% | 3.1% | 2.8% | −4.9% |
| EBITDAマージン | 6.5% | 9.0% | 7.9% | 7.1% | 3.4% | 8.7% | 8.8% | 7.5% | 6.9% | 3.6% |
| 純利益率 | 3.0% | 5.0% | 2.3% | 0.1% | −1.0% | 13.2% | −1.3% | 2.5% | 3.2% | −4.4% |
| FCFマージン | 8.5% | 7.1% | 4.5% | 6.4% | 14.6% | 7.0% | −0.0% | 3.8% | 3.6% | 6.7% |
| 収益性 | ||||||||||
| 使用資本利益率 | 5.3% | 3.1% | 2.0% | 0.4% | −2.7% | 2.7% | 3.9% | 3.3% | 3.0% | −5.2% |
| 自己資本利益率 | 15.9% | 24.0% | 10.3% | 0.2% | −4.0% | 45.3% | −4.3% | 10.1% | 13.4% | −20.2% |
| 総資産利益率 | 2.0% | 3.1% | 1.4% | 0.0% | −0.5% | 6.8% | −0.8% | 1.6% | 2.1% | −2.8% |
| 成長率 | ||||||||||
| 売上高成長率 | 1.5% | 3.3% | 2.3% | −2.8% | −18.5% | 7.2% | 15.9% | 11.5% | 5.0% | 1.2% |
| 純利益成長率 | −37.6% | 68.6% | −52.4% | −97.7% | −1,619.1% | — | −111.0% | — | 35.2% | −238.8% |
| EPS成長率 | −37.5% | 67.8% | −52.3% | −98.9% | −3,300.0% | — | −111.0% | — | 35.2% | −241.1% |
| FCF成長率 | 42.4% | −14.1% | −34.5% | 38.3% | 85.1% | −48.4% | −100.1% | — | 0.9% | 85.0% |
| 株式数の変化 | −0.1% | −0.0% | 0.0% | 0.2% | −0.8% | 1.5% | −0.5% | 0.7% | −0.5% | −1.0% |
| 財務の健全性 | ||||||||||
| インタレスト・カバレッジ | 8.6x | 1.1x | 0.6x | 0.1x | −0.9x | 1.0x | 1.4x | 0.7x | 4.7x | −7.3x |
| 流動比率 | 1.2x | 1.2x | 1.2x | 1.2x | 1.2x | 1.2x | 1.2x | 1.2x | 1.2x | 1.1x |
| 当座比率 | 1.1x | 1.1x | 1.1x | 1.1x | 1.1x | 1.1x | 1.1x | 1.0x | 1.0x | 0.9x |
| 資本配分 | ||||||||||
| 設備投資 / 売上高 | 4.6% | 4.5% | 4.9% | 4.9% | 4.5% | 4.6% | 4.3% | 4.7% | 4.7% | 4.7% |
| 株式報酬 / 売上高 | 0.1% | 0.2% | 0.1% | 0.2% | 0.2% | 0.2% | 0.2% | 0.3% | 0.3% | 0.3% |
| 株主還元 / FCF | 27.4% | 24.6% | 42.4% | 26.2% | 3.2% | 4.2% | — | 79.8% | 52.6% | 24.0% |
| クオリティ指標 | ||||||||||
| アルトマンZ'' | 1.1 | 1.1 | 1.0 | 0.8 | 0.7 | 1.3 | 1.3 | 1.2 | 1.1 | 0.4 |
| アクルーアル比率 | −6.6% | −4.2% | −4.4% | −6.8% | −9.7% | 0.8% | −3.4% | −4.0% | −3.4% | −10.3% |
出典:SEC EDGAR XBRL提出書類 (CIK 0000037996). 2026年10月9日更新。 第4四半期は通期から最初の9か月を差し引いた値です。 情報提供のみを目的としており、投資助言ではありません。数字を利用する前に原本の書類を確認してください。