Ford Motor Company (F)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 184,992,000 | 176,191,000 | 158,057,000 | 136,341,000 | 127,144,000 |
| Total assets | US$ in thousands | 285,196,000 | 273,310,000 | 255,884,000 | 257,035,000 | 267,261,000 |
| Total asset turnover | 0.65 | 0.64 | 0.62 | 0.53 | 0.48 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $184,992,000K ÷ $285,196,000K
= 0.65
Total asset turnover is a metric that indicates how effectively a company generates revenue from its total assets. For Ford Motor Company, the total asset turnover has shown a positive trend over the past five years.
In December 31, 2020, the total asset turnover was at 0.48, indicating that for every dollar of total assets, the company generated $0.48 in revenue.
By December 31, 2024, the total asset turnover had improved to 0.65, suggesting that the company became more efficient in utilizing its assets to drive revenue. This increase signifies that Ford Motor Company was able to generate $0.65 in revenue for every dollar of total assets during that period.
Overall, the increasing total asset turnover indicates that Ford Motor Company has been more effective in utilizing its assets to generate revenue over the years, reflecting improved operational efficiency and productivity.
Peer comparison
Dec 31, 2024