Ford Motor Co (Ford Motor Co) ROCE %

: -3.53% (As of Dec. 2023)

View and export this data going back to 1972. Start your Free Trial

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Ford Motor Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.53%.

Ford Motor Co ROCE % Historical Data

The historical data trend for Ford Motor Co's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ford Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

0.25

0.32

11.64

-1.07

3.20

Ford Motor Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																3.82	6.18	6.37	4.13	-3.53

Ford Motor Co ROCE % Calculation

Ford Motor Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	5285	/	( ( (255884 - 96866)	+	(273310 - 101531) )	/ 2 )
	=	5285	/	( (159018	+	171779)	/ 2 )
	=	5285	/	165398.5
	=	3.20 %

Ford Motor Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-5988	/	( ( (268073 - 100268)	+	(273310 - 101531) )	/ 2 )
	=	-5988	/	( ( 167805	+	171779 )	/ 2 )
	=	-5988	/	169792
	=	-3.53 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Ford Motor Co (NYSE:F) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Ford Motor Co ROCE % Related Terms

Thank you for viewing the detailed overview of Ford Motor Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ford Motor Co (Ford Motor Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ford Motor Co (NYSE:F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

F:Peru F:Mexico F_KZ:Kazakhstan 1F:Italy FMC1d:UK 0P4F:UK FMC1:Germany FMC1:Germany FMC1:Germany FMC1:Germany FDMO34:Brazil FORD:Austria

Address

One American Road, Dearborn, MI, USA, 48126

Website

https://www.ford.com

Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has about 13% market share in the United States, about 6.5% share in Europe, and about 2.1% share in China including unconsolidated affiliates. We expect market share to increase as inventory improves coming out of the chip shortage. Sales in the U.S. made up about 67% of 2022 total company revenue. Ford has about 173,000 employees, including about 57,000 UAW employees, and is based in Dearborn, Michigan.

Executives

John Douglas Field	officer: Chief AT&ES Officer	ONE AMERICAN ROAD, DEARBORN MI 48126
Andrew Frick	officer: President, Ford Blue	ONE AMERICAN ROAD, DEARBORN MI 48126
Peter C Stern	officer: President, Integrated Services	C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
John T. Lawler	officer: Vice President and Controller	ONE AMERICAN ROAD, DEARBORN MI 48126
Farley Jr James D	officer: Group Vice President	FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Ashwani Kumar Galhotra	officer: Group Vice President	ONE AMERICAN ROAD, DEARBORN MI 48138
Theodore J. Cannis	officer: CEO of Ford Pro	ONE AMERICAN ROAD, DEARBORN MI 48126
Shengpo Wu	officer: President and CEO, Ford China	ONE AMERICAN ROAD, DEARBORN MI 48126
Stuart J. Rowley	officer: Vice President and Controller	ONE AMERICAN ROAD, DEARBORN MI 48126
Jennifer Waldo	officer: Chief People & E. Exp. Officer	ONE AMERICAN ROAD, DEARBORN MI 48126
Marin Gjaja	officer: Chief Cust. Off., Ford Model e	ONE AMERICAN ROAD, DEARBORN MI 48126
Ford William Clay Jr	director, officer: Chairman and CEO	FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Alexandra Ford English	director	ONE AMERICAN ROAD, DEARBORN MI 48126
May John C Ii	director	DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Catherine A. O'callaghan	officer: Vice President and Controller	ONE AMERICAN ROAD, DEARBORN MI 48126