Ford Motor Co
Ford Motor Co returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | -3.96% | — | -18.31% | -2.55% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | -4.07% | — | -14.87% | -2.15% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | -5.2% | — | -20.26% | -2.84% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | 2% | — | 10.26% | — | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 1.68% | — | 7.11% | — | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 2.49% | — | 11.47% | 1.8% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 2.98% | — | 13.42% | 2.11% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | 2.16% | — | 7.97% | — | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 2.36% | — | 8.79% | — | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 2.75% | — | 9.2% | 1.48% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | 3.3% | — | 10.11% | 1.64% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | 4.48% | — | 14.27% | 2.38% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | 4.09% | — | 9.42% | 1.56% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 4.36% | — | 6.61% | 1.07% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | 3.86% | — | -4.32% | -0.84% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | 3.4% | — | 22.9% | 3.55% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 3.88% | — | 29.61% | 4.7% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 2.07% | — | 29.35% | 4.49% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | 2.69% | — | 45.29% | 6.83% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | 0.81% | — | 8.22% | 1.11% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 1.38% | — | 10.44% | 1.32% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | -0.23% | — | 12.53% | 1.52% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | -2.67% | — | -4% | -0.49% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | -1.49% | — | -0.48% | -0.06% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | -2.96% | — | -6.34% | -0.8% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | -1.31% | — | -9.36% | -1.17% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | 0.36% | — | 0.14% | 0.03% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | 1.03% | — | 4.46% | 0.64% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 1.7% | — | 5.98% | 0.85% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 1.84% | — | 8.48% | 1.18% | — |
| FY 2018 Q4 | Dec 31, 2018 | 2.86% | 1.98% | — | 10.38% | 1.44% | -6.5 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | 1.93% | — | 17.76% | 2.44% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 2.05% | — | 19.73% | 2.69% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 2.77% | — | 23.13% | 3.04% | — |
| FY 2017 Q4 | Dec 31, 2017 | 2.8% | 3.14% | 0.53% | 23.73% | 3.08% | -6.6 pp |
| FY 2017 Q3 | Sep 30, 2017 | — | — | — | 13.63% | — | — |
| FY 2017 Q2 | Jun 30, 2017 | — | — | — | 12% | — | — |
| FY 2017 Q1 | Mar 31, 2017 | — | — | — | 12.39% | — | — |
| FY 2016 Q4 | Dec 31, 2016 | 2.96% | 4.57% | — | 15.9% | 1.99% | -6.4 pp |
| FY 2016 Q3 | Sep 30, 2016 | — | — | — | 24.59% | 3.19% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | — | — | 28.53% | 3.6% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | — | — | 29.75% | 3.61% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | — | — | 27.59% | 3.4% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | — | — | 17.8% | 2.23% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | — | — | 13.92% | 1.73% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | — | — | 12.07% | 1.49% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | — | — | 12.45% | 1.55% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | — | — | 26.5% | 3.01% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | — | — | 28.77% | 3.25% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | — | — | 29.45% | 3.27% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | — | — | 33.81% | 3.65% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | — | — | 29.07% | 2.96% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | — | — | 33.54% | 3.22% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | — | — | 34.38% | 3.14% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | — | — | 36.58% | 3.07% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | — | — | 142.46% | 10.18% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | — | — | 158.42% | 10.13% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | — | — | 200.27% | 10.91% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | — | — | 281.62% | 11.78% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | — | — | 322.55% | 4% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | — | — | 786.86% | 3.92% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | — | — | — | 3.91% | — |
| FY 2010 Q4 | Dec 31, 2010 | — | — | — | — | 3.65% | — |
| FY 2010 Q3 | Sep 30, 2010 | — | — | — | — | 3.82% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | — | — | — | 3.46% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
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.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 9.4%, rounded from the Auto & Truck benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · F, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.