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Ford Motor Company F Effective tax rates

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Other financials

Income statement

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Revenue$48.3B-3.8%
Gross profit$6.1B+2.4%
Operating income$638.0M+24.9%
Net income-$1.3B-4,459%
EPS (diluted)-$0.33-3,200%

Balance sheet

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Cash & equivalents$18.6B-19.2%
Total debt$551.0M-5.7%
Total equity$35.7B-20.7%
Total assets$285.53B-2.5%

Cash flow

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Operating cash flow$4.3B-31.2%
CapEx$2.4B+14.1%
Free cash flow$2.0B-53.6%

Valuation

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Market cap$55.75B+25.7%
Enterprise value$37.69B+72.1%
P/S0.3×+0.1×

Profitability

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Gross margin13.4%-0.1pp
Operating margin-3.7%-5.3pp
Net margin-3.9%-5.6pp
FCF margin3.9%-1.6pp

Returns & leverage

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Return on equity-18.3%-25.4pp
Debt / equity0.0×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Ford Motor Company in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.

The source filing: Ford Motor Company’s 10-Q, filed July 29, 2026.

Filed
Jul 28, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000037996-26-000156

Our Provision for/(Benefit from) income taxes for the second quarter and first half of 2026 was a benefit of $711 million and $350 million, respectively, resulting in an effective tax rate of 35.0% for the second quarter and negative 39.8% for the first half. These rates were driven by a benefit of $273 million in the second quarter resulting from the recognition of a U.S. Qualified Opportunity Zone tax incentive. The first half rate was also driven by a benefit resulting from a tax law change in the United Kingdom.

ITEM 1. Financial Statements.

FAQ

What is Ford Motor Company's effective tax rates?
Ford Motor Company (F) reported effective tax rates of $0.35 in Q2 2026.
How has Ford Motor Company's effective tax rates changed year-over-year?
Ford Motor Company's effective tax rates decreased by 66.8% year-over-year, from $1.05 to $0.35.
What is the long-term trend for Ford Motor Company's effective tax rates?
Over 2 years (2021 to 2023), Ford Motor Company's effective tax rates has grown at a 260.6% compound annual growth rate (CAGR), from -$0.01 to -$0.09.

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