Ford Motor Co debt and dilution—

Borrowings, liquidity, share count and stock-based dilution.

Total debt

USD millions

—

Cash & equivalents

USD millions

$18,603M

Net debt

USD millions

—

Debt / equity

—

Debt / assets

—

Net debt / EBITDA

× · TTM

—

Debt / FCF

× · TTM

—

Interest coverage

× · TTM

-5.11×

Current ratio

1.09×

Diluted shares

Million shares

3,987M shares

Basic shares

Million shares

3,987M shares

Share count growth

0.18%

Share repurchases

USD millions

$0M

Quarterly data

Ford Motor Co capital history. Each metric has its own unit. A dash means inputs are missing or the calculation is undefined.
Fiscal period	Ended	Total debtUSD millions	Cash & equivalentsUSD millions	Net debtUSD millions	Debt / equity×	Debt / assets%	Net debt / EBITDA×	Debt / FCF×	Interest coverage×	Current ratio×	Diluted sharesMillion shares	Basic sharesMillion shares	Share count growth%	Share repurchasesUSD millions
FY 2026 Q2	Jun 30, 2026	—	18,603	—	—	—	—	—	-5.11×	1.09×	3,987	3,987	0.18%	0
FY 2026 Q1	Mar 31, 2026	—	17,649	—	—	—	—	—	-5.44×	1.09×	4,071	3,991	0.58%	311
FY 2025 Q4	Dec 31, 2025	—	23,356	—	—	—	—	—	-7.31×	1.07×	3,839.53	3,984.93	0.32%	0
FY 2025 Q3	Sep 30, 2025	—	26,788	—	—	—	—	—	—	1.12×	4,048	3,983	0.18%	0
FY 2025 Q2	Jun 30, 2025	—	23,020	—	—	—	—	—	—	1.1×	3,980	3,980	-0.13%	0
FY 2025 Q1	Mar 31, 2025	—	20,864	—	—	—	—	—	—	1.13×	4,011	3,968	-0.28%	0
FY 2024 Q4	Dec 31, 2024	—	22,935	—	—	—	—	—	4.68×	1.16×	4,023.98	3,972.04	-0.58%	150
FY 2024 Q3	Sep 30, 2024	—	23,449	—	—	—	—	—	—	1.15×	4,018	3,976	-0.7%	32
FY 2024 Q2	Jun 30, 2024	—	19,953	—	—	—	—	—	—	1.17×	4,022	3,985	-0.45%	244
FY 2024 Q1	Mar 31, 2024	—	19,721	—	—	—	—	—	—	1.17×	4,023	3,979	-0.28%	0
FY 2023 Q4	Dec 31, 2023	—	24,862	—	—	—	—	—	0.72×	1.2×	4,043.97	3,995.03	-0.25%	335
FY 2023 Q3	Sep 30, 2023	—	26,427	—	—	—	—	—	—	1.21×	4,050	4,004	-0.42%	0
FY 2023 Q2	Jun 30, 2023	—	26,406	—	—	—	—	—	—	1.2×	4,041	4,003	-0.45%	0
FY 2023 Q1	Mar 31, 2023	—	22,144	—	—	—	—	—	—	1.2×	4,029	3,990	-0.45%	0
FY 2022 Q4	Dec 31, 2022	—	25,134	—	—	—	—	—	1.37×	1.2×	4,005.1	4,005.1	0.2%	484
FY 2022 Q3	Sep 30, 2022	—	21,548	—	—	—	—	—	—	1.2×	4,021	4,021	0.65%	0
FY 2022 Q2	Jun 30, 2022	—	19,516	—	—	—	—	—	—	1.16×	4,052	4,021	0.73%	0
FY 2022 Q1	Mar 31, 2022	—	21,013	—	—	—	—	—	—	1.17×	4,008	4,008	0.7%	0
FY 2021 Q4	Dec 31, 2021	—	20,540	—	—	—	—	—	0.98×	1.2×	4,054.77	3,996.93	0.45%	0
FY 2021 Q3	Sep 30, 2021	—	27,429	—	—	—	—	—	—	1.2×	4,036	3,995	0.48%	0
FY 2021 Q2	Jun 30, 2021	—	22,955	—	—	—	—	—	—	1.21×	4,028	3,992	0.43%	0
FY 2021 Q1	Mar 31, 2021	—	21,826	—	—	—	—	—	—	1.21×	4,016	3,980	0.43%	0
FY 2020 Q4	Dec 31, 2020	471	25,243	-24,772	0.02×	0.18%	-5.67×	0.03×	-0.87×	1.2×	3,901.52	3,978.96	0.48%	0
FY 2020 Q3	Sep 30, 2020	—	24,263	—	—	—	—	—	—	1.2×	4,005	3,976	0.15%	0
FY 2020 Q2	Jun 30, 2020	—	30,989	—	—	—	—	—	—	1.34×	3,992	3,975	-0.23%	0
FY 2020 Q1	Mar 31, 2020	—	25,971	—	—	—	—	—	—	1.32×	3,963	3,963	-0.25%	0
FY 2019 Q4	Dec 31, 2019	600	17,504	-16,904	0.02×	0.23%	-1.53×	0.06×	0.11×	1.16×	3,998.07	3,960.13	-0.2%	0
FY 2019 Q3	Sep 30, 2019	—	20,523	—	—	—	—	—	—	1.17×	4,007	3,970	-0.15%	237
FY 2019 Q2	Jun 30, 2019	—	22,117	—	—	—	—	—	—	1.2×	4,013	3,984	0.18%	0
FY 2019 Q1	Mar 31, 2019	—	20,848	—	—	—	—	—	—	1.22×	3,997	3,973	-0.03%	0
FY 2018 Q4	Dec 31, 2018	600	16,718	-16,118	0.02×	0.23%	-1.28×	0.08×	0.62×	1.2×	3,995.03	3,968.07	-0.17%	0
FY 2018 Q3	Sep 30, 2018	—	18,562	—	—	—	—	—	—	1.21×	4,000	3,976	0.1%	75
FY 2018 Q2	Jun 30, 2018	—	16,828	—	—	—	—	—	—	1.21×	3,999	3,977	0%	0
FY 2018 Q1	Mar 31, 2018	—	17,940	—	—	—	—	—	—	1.23×	3,997	3,974	-0.05%	89
FY 2017 Q4	Dec 31, 2017	154,287	18,492	135,795	4.42×	59.85%	9.62×	13.97×	4.31×	1.23×	4,003.93	3,975	-0.02%	0
FY 2017 Q3	Sep 30, 2017	149,112	17,589	131,523	4.48×	59.34%	—	13.9×	—	1.19×	3,996	3,972	-0.05%	0
FY 2017 Q2	Jun 30, 2017	146,009	16,223	129,786	4.53×	59%	—	13.45×	—	1.2×	3,996	3,977	0.1%	131
FY 2017 Q1	Mar 31, 2017	145,977	17,823	128,154	4.76×	59.8%	—	11.36×	—	1.24×	3,999	3,976	0.15%	0
FY 2016 Q4	Dec 31, 2016	142,970	15,905	127,065	4.9×	60.08%	—	11.17×	7.41×	1.2×	4,004.96	3,975.98	0.1%	0
FY 2016 Q3	Sep 30, 2016	137,224	13,340	123,884	4.36×	58.4%	—	11.12×	—	1.16×	4,000	3,974	0.13%	0
FY 2016 Q2	Jun 30, 2016	139,914	17,063	122,851	4.49×	58.38%	—	10.35×	—	1.24×	3,997	3,973	-0.03%	0
FY 2016 Q1	Mar 31, 2016	140,995	15,917	125,078	4.76×	59.42%	—	12.89×	—	—	3,996	3,970	0.18%	145
FY 2015 Q4	Dec 31, 2015	132,854	14,272	118,582	4.64×	59.07%	—	14.8×	—	1.25×	4,002	3,971.97	1.76%	0
FY 2015 Q3	Sep 30, 2015	126,425	14,686	111,739	4.6×	57.61%	—	14.48×	—	—	3,999	3,969	2.8%	38
FY 2015 Q2	Jun 30, 2015	123,526	12,897	110,629	4.69×	57.18%	—	16.27×	—	—	4,007	3,974	0.86%	91
FY 2015 Q1	Mar 31, 2015	122,776	12,368	110,408	4.92×	57.81%	—	17.66×	—	—	4,001	3,963	0.43%	0
FY 2014 Q4	Dec 31, 2014	119,171	10,757	108,414	4.8×	57.15%	—	16.92×	—	—	3,994.55	3,903.1	-0.96%	0
FY 2014 Q3	Sep 30, 2014	119,193	13,320	105,873	4.56×	57.08%	—	22.04×	—	—	4,010	3,861	-2.05%	1,102
FY 2014 Q2	Jun 30, 2014	118,707	11,573	107,134	4.43×	56.27%	—	28.42×	—	—	4,088	3,940	0.18%	862
FY 2014 Q1	Mar 31, 2014	117,004	12,983	104,021	4.36×	56.5%	—	20.09×	—	—	4,094	3,946	0.59%	0
FY 2013 Q4	Dec 31, 2013	114,688	14,468	100,220	4.34×	56.77%	—	29.81×	—	—	4,089.97	3,940.93	2.98%	49
FY 2013 Q3	Sep 30, 2013	110,622	14,752	95,870	5.39×	55.02%	—	34.31×	—	—	4,096	3,942	3.36%	77
FY 2013 Q2	Jun 30, 2013	107,857	13,362	94,495	5.61×	54.97%	—	35.09×	—	—	4,084	3,933	3.09%	77
FY 2013 Q1	Mar 31, 2013	107,356	13,820	93,536	6.09×	55.62%	—	82.39×	—	—	4,072	3,923	3.16%	10
FY 2012 Q4	Dec 31, 2012	105,058	15,659	89,399	6.57×	55.13%	—	29.54×	—	—	4,009.04	3,826.91	0.66%	33
FY 2012 Q3	Sep 30, 2012	100,604	13,539	87,065	5.33×	54.47%	—	22.81×	—	—	3,972	3,814	0.37%	33
FY 2012 Q2	Jun 30, 2012	99,897	15,101	84,796	5.85×	55.12%	—	20.05×	—	—	4,014	3,815	0.42%	32
FY 2012 Q1	Mar 31, 2012	100,490	15,244	85,246	6.04×	55.19%	—	20.49×	—	—	4,055	3,803	0.85%	27
FY 2011 Q4	Dec 31, 2011	99,488	17,148	82,340	6.6×	55.78%	—	18.12×	—	—	4,042.75	3,801.9	6.48%	0
FY 2011 Q3	Sep 30, 2011	95,131	16,460	78,671	15.79×	58.46%	—	13.63×	—	—	4,031	3,800	10.27%	0
FY 2011 Q2	Jun 30, 2011	98,550	17,472	81,078	18.42×	58.63%	—	13.77×	—	—	4,102	3,799	11.37%	0
FY 2011 Q1	Mar 31, 2011	101,638	21,318	80,320	41.23×	60.72%	—	13.85×	—	—	4,266	3,771	12.03%	0
FY 2010 Q4	Dec 31, 2010	103,988	14,805	89,183	—	63.14%	—	14.08×	—	—	4,290.76	3,570.66	7.99%	—
FY 2010 Q3	Sep 30, 2010	116,691	17,992	98,699	—	65.9%	—	16.47×	—	—	4,174	3,446	5.74%	—
FY 2010 Q2	Jun 30, 2010	117,385	18,322	99,063	—	65.3%	—	12.94×	—	—	4,610	3,411	13.66%	—
FY 2010 Q1	Mar 31, 2010	130,105	24,356	105,749	—	67.77%	—	12.65×	—	—	4,569	3,366	—	—
FY 2009 Q4	Dec 31, 2009	132,441	21,441	111,000	—	67.97%	—	11.54×	—	—	3,668.09	3,306.54	—	—
FY 2009 Q3	Sep 30, 2009	132,017	25,798	106,219	—	65%	—	—	—	—	3,587	3,259	—	—
FY 2009 Q2	Jun 30, 2009	133,066	24,011	109,055	—	66.47%	—	—	—	—	3,352	3,001	—	—

Sources and calculations

Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.

Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.

The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.

Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.

Market prices: Yahoo Finance · F, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.

Total debt: Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
Cash & equivalents: Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
Net debt: Total debt − cash and equivalents. Negative means net cash.
Debt / equity: Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
Debt / assets: Total debt / total assets × 100.
Net debt / EBITDA: Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
Debt / FCF: Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
Interest coverage: TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
Current ratio: Current assets / positive current liabilities.
Diluted shares: Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
Basic shares: Reported weighted average basic shares, normalized for subsequent recorded stock splits.
Share count growth: Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
Share repurchases: Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.