Ford Motor Company (F) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.32B | 3.88B | 7.4B | 6.32B | 3.68B | 3.03B | 5.5B | 5.51B | 1.39B | 2.49B | 4.59B | 5.04B | 2.8B | 1.18B | 3.81B | 2.95B | -1.08B | 3.53B | 7.01B | 756M |
| Operating CF Margin % | 3.04% | 8.46% | 14.65% | 12.59% | 9.05% | 6.28% | 11.91% | 11.52% | 3.24% | 5.42% | 10.48% | 11.2% | 6.75% | 2.68% | 9.68% | 7.33% | -3.14% | 9.37% | 19.64% | 2.83% |
| Operating CF Growth % | -64.23% | 28.27% | 34.53% | 14.69% | 165.63% | 21.51% | 19.84% | 9.39% | -50.54% | 111.55% | 20.44% | 70.85% | 358.3% | -66.64% | -45.61% | 289.81% | -124.13% | -22.21% | -36.8% | -91.71% |
| Net Income | 2.55B | -11.05B | 2.45B | -29M | 473M | 1.84B | 892M | 1.83B | 1.33B | -523M | 1.17B | 2.02B | 1.66B | 1.26B | -930M | 638M | -3.12B | 12.27B | 1.82B | 553M |
| Depreciation & Amortization | 1.88B | 9.79B | 0 | 1.43B | 1.38B | 1.45B | 1.39B | 1.52B | 1.5B | 1.7B | 1.6B | 1.6B | 1.63B | 1.7B | 1.63B | 1.62B | 1.55B | 1.52B | 1.52B | 1.18B |
| Stock-Based Compensation | 110M | 101M | 0 | 154M | 121M | 107M | 129M | 149M | 126M | 110M | 112M | 138M | 100M | 59M | 107M | 103M | 67M | 43M | 79M | 142M |
| Deferred Taxes | 64M | -4.01B | -733M | 266M | -54M | 679M | -535M | 234M | -28M | -1.6B | -48M | -14M | 17M | -353M | -397M | -107M | -1.05B | -1.22B | 307M | -82M |
| Other Non-Cash Items | 818M | 5.11B | 1.87B | 724M | 279M | -529M | 1.31B | 70M | 196M | 2.42B | 497M | 753M | 427M | 886M | 2.29B | 2.3B | 5.66B | -10.25B | -66M | -1.1B |
| Working Capital Changes | -4.11B | 3.95B | 3.82B | 3.77B | 1.48B | -518M | 2.31B | 1.7B | -1.75B | 396M | 1.25B | 546M | -1.03B | -2.37B | 1.12B | -1.6B | -4.19B | 1.16B | 3.35B | 65M |
| Change in Receivables | -1.54B | 6.06B | -499M | -1.71B | 1.13B | 486M | -1.32B | -1.54B | -1.93B | -3.25B | -933M | -1.88B | -1.39B | -2.77B | -2.5B | -3.32B | -3.15B | -664M | -2.38B | 7.45B |
| Change in Inventory | -1.36B | 1.24B | 771M | 1.2B | -2.68B | 2.37B | -493M | 1.31B | -3.15B | 3.01B | -875M | -1.39B | -1.97B | 1.58B | -1.65B | 248M | -2.75B | 1.35B | -200M | -753M |
| Change in Payables | -1.21B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.69B | 1.47B | 1.71B | 475M | 14.89B | -6.63B |
| Cash from Investing | -771M | -7.66B | -7.38B | -3.22B | 210M | -6.86B | -5.59B | -6.04B | -5.88B | -7.41B | -4.06B | -4.18B | -1.98B | -4.97B | -3.52B | 827M | 3.31B | -2.26B | -1.17B | 6.67B |
| Capital Expenditures | 0 | -2.78B | -2.13B | -2.09B | -1.82B | -2.5B | -1.99B | -2.1B | -2.09B | -2.29B | -2.21B | -1.95B | -1.78B | -2.06B | -1.73B | -1.7B | -1.37B | -1.77B | -1.57B | -1.51B |
| CapEx % of Revenue | - | 6.07% | 4.21% | 4.16% | 4.47% | 5.18% | 4.31% | 4.39% | 4.9% | 4.99% | 5.05% | 4.34% | 4.29% | 4.69% | 4.4% | 4.23% | 3.97% | 4.7% | 4.41% | 5.66% |
| Acquisitions | 0 | -729M | 0 | -135M | 1.7B | 1.34B | -901M | -660M | -639M | -1.12B | -568M | -348M | -699M | -724M | 435M | 0 | 0 | -145M | 1M | 137M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -3B | -4.35B | -4.1B | -1.04B | -673M | -2.6B | -4.13B | -3.38B | -3.56B | -3.69B | -2.87B | -2.75B | -1.32B | -1.61B | -1.2B | 2.19B | 1.68B | -860M | 1.51B | 2.13B |
| Cash from Financing | -6.17B | 353M | 3.85B | -1.29B | -6.12B | 3.79B | 3.31B | 842M | -458M | 3.38B | -338M | 3.41B | -3.87B | 7.05B | 1.7B | -4.58B | -1.66B | -8.08B | -1.22B | -6.41B |
| Debt Issued (Net) | 0 | 1.01B | 4.5B | -661M | -4.81B | 4.57B | 3.98B | 1.75B | 1.06B | 4.33B | 291M | 4.07B | -541M | 8.16B | 2.34B | -4.13B | -1.1B | -7.74B | -1.15B | -6.42B |
| Equity Issued (Net) | -311M | 0 | 0 | 0 | 0 | -150M | -32M | -244M | 0 | -335M | 0 | 0 | 0 | -484M | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -607M | -599M | -597M | -597M | -1.2B | -596M | -597M | -599M | -1.33B | -601M | -600M | -601M | -3.19B | -599M | -603M | -402M | -405M | -400M | 0 | 0 |
| Share Repurchases | -311M | 0 | 0 | 0 | 0 | -150M | -32M | -244M | 0 | -335M | 0 | 0 | 0 | -484M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -5.25B | -55M | -54M | -30M | -116M | -37M | -36M | -60M | -194M | -15M | -29M | -57M | -140M | -27M | -45M | -43M | -156M | 58M | -73M | 12M |
| Net Change in Cash | -5.75B | -3.33B | 3.77B | 2.17B | -2.11B | -536M | 3.5B | 240M | -5.14B | -1.52B | 11M | 4.26B | -2.98B | 3.62B | 1.59B | -1.15B | 546M | -6.89B | 4.46B | 1.11B |
| Free Cash Flow | 1.32B | 1.1B | 5.28B | 4.23B | 1.86B | 530M | 3.51B | 3.41B | -709M | 197M | 2.38B | 3.09B | 1.02B | -887M | 2.08B | 1.25B | -2.45B | 1.76B | 5.43B | -757M |
| FCF Margin % | 3.04% | 2.4% | 10.44% | 8.43% | 4.58% | 1.1% | 7.6% | 7.13% | -1.66% | 0.43% | 5.43% | 6.86% | 2.46% | -2.02% | 5.28% | 3.11% | -7.12% | 4.67% | 15.23% | -2.83% |
| FCF Growth % | -29.29% | 107.55% | 50.34% | 24.09% | 362.48% | 169.04% | 47.54% | 10.43% | -169.51% | 122.21% | 14.37% | 147.28% | 141.56% | -150.43% | -61.72% | 264.86% | -178.55% | -41.52% | -44.73% | -109.53% |
| FCF per Share | 0.32 | 0.28 | 1.30 | 1.06 | 0.46 | 0.13 | 0.87 | 0.85 | -0.18 | 0.05 | 0.59 | 0.76 | 0.25 | -0.22 | 0.52 | 0.31 | -0.61 | 0.44 | 1.35 | -0.19 |
| FCF Conversion (FCF/Net Income) | 0.52x | -0.35x | 3.02x | -175.47x | 7.81x | 1.66x | 6.17x | 3.01x | 1.04x | -4.74x | 3.83x | 2.63x | 1.59x | 0.91x | -4.61x | 4.42x | 0.35x | 0.29x | 3.83x | 1.35x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |