Ford Motor Company (F)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 5,879,000 | 4,347,000 | -1,981,000 | 17,937,000 | -1,279,000 |
Total assets | US$ in thousands | 285,196,000 | 273,310,000 | 255,884,000 | 257,035,000 | 267,261,000 |
ROA | 2.06% | 1.59% | -0.77% | 6.98% | -0.48% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $5,879,000K ÷ $285,196,000K
= 2.06%
Based on the provided data, Ford Motor Company's return on assets (ROA) has shown fluctuations over the years. In December 2020, the ROA was negative at -0.48%, indicating that the company generated a negative return relative to its assets. By December 2021, the ROA improved significantly to 6.98%, suggesting that Ford effectively utilized its assets to generate profit.
However, in December 2022, the ROA declined to -0.77%, indicating a decrease in profitability relative to the assets employed. The following year, December 2023, saw an improvement in ROA to 1.59%, indicating a better performance in utilizing its assets to generate profit.
By December 2024, the ROA further increased to 2.06%, reflecting continued improvement in asset utilization and profitability for Ford Motor Company. Overall, the trend in ROA suggests that Ford has experienced fluctuations in its ability to generate profit relative to its assets, with some years showing improvements and others showing declines in performance.
Peer comparison
Dec 31, 2024