Ford Motor Co.

Ford Motor Co.

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Market Cap$68.26B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Ford Motor Co.Ford Motor Co.-11.43.44%-16%0.35

Earnings Call Q1 2026

April 29, 2026 - AI Summary

Q1 performance beat expectations; key drivers and guidance raise - Reported $43.3B revenue and $3.5B adjusted EBIT (with a $1.3B benefit from IEEPA tariff items, largely ~$700M Ford Blue / ~$500M Ford Pro). - Underlying strength cited: software + physical services growth, higher net pricing, and some favorable cost timing (but management emphasized not to “bake in” timing for the full-year raise). - Full-year guidance raised (adjusted): - Adjusted EBIT: $8.5B–$10.5B (raised) - Adjusted free cash flow: $5B–$6B (unchanged) - Capex: $9.5B–$10.5B (reflecting increased investment in growth areas, including Ford Energy ~$1.5B) - Good: strong execution plus resilient pricing/mix. - Surprising/important: guidance raise is meaningful while Q2–Q4 EBIT cadence is expected to slow.
Balance of year: commodities worsen sequentially; IEEPA not repeating; Novelis helps but costs exist - Management expects commodity headwinds >$2B for the year, about $1B higher vs prior estimate, mainly higher aluminum pricing from global supply constraints (explicitly excluding Novelis-related temporary costs, which are treated separately). - IEEPA benefit is one-time; therefore Q2–Q4 face a headwind vs Q1. - Novelis recovery: still expected to deliver about $1B EBIT improvement YoY, weighted to 2H, but is net of $1.5B–$2B incremental onetime aluminum sourcing costs until throughput stabilizes. - Expected operational timing (Novelis): hot mill restart still expected in May; restart + ramp could drive cost phasing—management said ramp/risk is mitigated via contingency aluminum supply. - Cadence expectation: they characterized earnings degradation as fairly consistent across Q2/Q3/Q4, not just a single quarter. - Bad/negative: commodities and non-repeat items pressure the back half despite Q1 strength.
Software + physical services: growth target is a major opportunity and credibility signal - Software/physical services revenue was >$15B last year and Ford expects it to grow nearly 8% annually through the end of the decade. - Growth attributed to: - Ford Pro subscriptions: 879,000 paid software subscriptions (+30% YoY) - Aftermarket parts strategy (including expanding wholesaling beyond dealerships to third-party repair) - Remote service (nearly 20% of repairs done outside the dealership; highlighted as beneficial for uptime and productivity for customers, especially Pro) - ADAS and Pro Intelligence cited as fast-growing (management said ~30–40% per quarter momentum for certain intelligence/ADAS-related features) - Investor implication: this is positioned as higher-margin and less cyclical (more “annuity-like” than vehicles), helping EBIT quality over time. - Good: clearer path to higher-margin recurring revenue.

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$14.25

Target Price by Analysts

9.5% downsideFord Motor Target Price DetailsTarget Price
$41.99

Current Fair Value

166.7% upside

Undervalued by 166.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$68.26 Billion
Enterprise Value$237.58 Billion
Dividend Yield$0.60 (3.44%)
Earnings per Share$-2.06
Beta1.66
Outstanding Shares3,991,000,000

Return

Return on Equity-16.30%ROE
Return on Assets-2.16%
Return on Invested Capital-4.60%

Valuation & Multiples

P/E Ratio-11.4P/E Ratio
PEG-2.59PEG
Price to Sales0.33Price to Sales
Price to Book Ratio1.75Price to Book Ratio
Enterprise Value to Revenue1.25
Enterprise Value to EBIT-29.36
Enterprise Value to Net Income-39
Total Debt to Enterprise0.79
Debt to Equity4.99Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 4, 2026
EPS Estimate
$0.22
Average shareholder expectation
Revenue Estimate
$39.81 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 29, 2026
EPS Estimate
$0.33
Average shareholder expectation
Revenue Estimate
$48.73 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.5351 21.02%
Total Calls38,999,847 27.17%
Total Puts59,870,120 15.61%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %62.95% 2.86%
Total Invested$28.91B 15.99%
Investors Holding1,765 19.00%

ESG Score

No data

About Ford Motor Co.

190,000 employees
CEO: James Hackett

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial ser...

Relevant Senate Committees

Joint Committee on Taxation

This committee's analysis and scoring of tax legislation directly influence corporate tax structures, capital investment credits, and the overall tax burden on major corporations like Ford, impacting its financial strategy and profitability.

Finance

As the primary committee for taxation and trade, it directly impacts Ford's corporate tax burden, international trade policies (tariffs, agreements), and overall profitability as a global manufacturer.

Health, Education, Labor, and Pensions

This committee's jurisdiction over labor laws directly impacts Ford's manufacturing operations, including union relations, wage policies, and workplace safety standards for its large global workforce.

Banking, Housing, and Urban Affairs

This committee's regulation of the financial system is highly relevant due to Ford Motor Credit Company, which provides financing for vehicle sales. It directly impacts lending standards, interest rates, and consumer credit regulations.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, consumer protection (FTC), and technology. It directly impacts automotive safety regulations (NHTSA oversight), connected vehicle services, and self-driving technology development and deployment.

Energy and Natural Resources

This committee's oversight of national energy policy is crucial for Ford's electrification strategy, including regulations on charging infrastructure, critical mineral supply for batteries, and broader energy costs impacting consumer fuel prices.

Environment and Public Works

The EPA regulations overseen by this committee directly impact Ford's vehicle emissions standards, manufacturing environmental compliance, and investment in electrified vehicles. Infrastructure spending also affects road conditions and charging networks.

Foreign Relations

As a global company, Ford's international sales, manufacturing, and supply chains are heavily influenced by U.S. foreign policy, trade agreements, and sanctions legislation, which are guided by this committee.