Ford Motor Co.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-8.16B | $5.88B | $4.35B | $-1.98B | $17.94B | $-1.28B | $84.0M | $3.70B |
| Depreciation & Amortization | $15.97B | $7.57B | $7.69B | $7.67B | $7.32B | $8.77B | $10.49B | $9.39B |
| Depreciation | $7.83B | $7.57B | $7.69B | $7.64B | $7.32B | $8.75B | $9.69B | $9.39B |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $510.0M | $511.0M | $460.0M | $336.0M | $305.0M | $199.0M | $228.0M | $191.0M |
| Net Cash from Operating Activities | $21.28B | $15.42B | $14.92B | $6.85B | $15.79B | $24.27B | $17.64B | $15.02B |
| Investing Activities | ||||||||
| Capital Expenditures | $8.82B | $8.68B | $8.24B | $6.87B | $6.23B | $5.74B | $7.63B | $7.79B |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-18.05B | $-24.37B | $-17.63B | $-4.35B | $2.75B | $-18.62B | $-13.72B | $-16.26B |
| Financing Activities | ||||||||
| Dividends Paid | $2.99B | $3.12B | $5.00B | $2.01B | $403.0M | $596.0M | $2.39B | $2.91B |
| Stock Repurchases | $0 | $426.0M | $335.0M | $484.0M | $0 | $0 | $237.0M | $164.0M |
| Net Cash from Financing Activities | $-3.21B | $7.49B | $2.58B | $2.51B | $-23.50B | $2.32B | $-3.13B | $-122.0M |
| Net Change in Cash | $560.0M | $-1.92B | $-230.0M | $4.60B | $-5.20B | $8.19B | $834.0M | $-1.73B |
| Free Cash Flow | $12.47B | $6.74B | $6.68B | $-13.0M | $9.56B | $18.53B | $10.01B | $7.24B |