Ford Motor Company (F)

Return on assets (ROA)

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	4,347,000	6,162,000	4,136,000	2,886,000	-1,981,000	9,012,000	11,671,000	11,565,000	17,937,000	1,845,000	2,398,000	2,954,000	-2,301,000	-927,000	-2,887,000	-3,856,000	-717,000	1,702,000	2,268,000	3,186,000
Total assets	US$ in thousands	273,310,000	268,073,000	265,991,000	256,800,000	255,884,000	246,919,000	245,755,000	252,986,000	257,035,000	252,677,000	248,532,000	260,819,000	267,261,000	259,943,000	269,366,000	264,150,000	258,537,000	258,157,000	262,184,000	263,281,000
ROA		1.59%	2.30%	1.55%	1.12%	-0.77%	3.65%	4.75%	4.57%	6.98%	0.73%	0.96%	1.13%	-0.86%	-0.36%	-1.07%	-1.46%	-0.28%	0.66%	0.87%	1.21%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $4,347,000K ÷ $273,310,000K
= 1.59%

The return on assets (ROA) for Ford Motor Co. has fluctuated over the past eight quarters, ranging from a low of -0.77% in Q4 2022 to a high of 4.75% in Q3 2022. In Q4 2023, the ROA stood at 1.59%, indicating that the company generated $0.0159 in profit for every dollar of assets it owns during that quarter. The downward trend in ROA from Q3 2022 to Q4 2023 suggests that Ford may be facing challenges in effectively utilizing its assets to generate profits. Further analysis of the underlying reasons for these fluctuations, such as changes in revenue, expenses, or asset efficiency, would provide additional insights into Ford's financial performance and potential areas for improvement.