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Ford Motor vs General Motors: revenue, profit, margins and growth compared

Ford Motor brought in $187.3B of revenue in fiscal 2025, General Motors $185B in fiscal 2025. Revenue changed by +1.2% at Ford Motor and -1.3% at General Motors on the year before, so Ford Motor grew faster. Ford Motor kept -4.4% of its revenue as net profit, General Motors 1.5%. Free cash flow was $12.5B at Ford Motor and $17.6B at General Motors.

Side by side, latest fiscal year

FGM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$187.3B$185B
Revenue growth+1.2%-1.3%
Net income-$8.2B$2.7B
Net margin-4.4%1.5%
Free cash flow$12.5B$17.6B
Free cash flow margin6.7%9.5%
Earnings per share (diluted)-$2.06$3.27
Cash$23.4B$20.9B
Debtn/an/a
Price to earningsn/a25.3
Market value$49.8B$72.5B
Dividend yield5.90%0.69%
Rank by revenue in sector#1 of 451 · Industrials#2 of 451 · Industrials

Over the years

Revenue
F FY2018: $160.3BF FY2019: $155.9BF FY2020: $127.1BF FY2021: $136.3BF FY2022: $158.1BF FY2023: $176.2BF FY2024: $185BF FY2025: $187.3BGM FY2018: $147BGM FY2019: $137.2BGM FY2020: $122.5BGM FY2021: $127BGM FY2022: $156.7BGM FY2023: $171.8BGM FY2024: $187.4BGM FY2025: $185BFY18FY19FY20FY21FY22FY23FY24FY25
F $187.3BGM $185B
Net income
F FY2018: $3.7BF FY2019: $47MF FY2020: -$1.3BF FY2021: $17.9BF FY2022: -$2BF FY2023: $4.3BF FY2024: $5.9BF FY2025: -$8.2BGM FY2018: $8BGM FY2019: $6.7BGM FY2020: $6.4BGM FY2021: $10BGM FY2022: $9.9BGM FY2023: $10.1BGM FY2024: $6BGM FY2025: $2.7BFY18FY19FY20FY21FY22FY23FY24FY25
F -$8.2BGM $2.7B
Net margin
F FY2018: 2.3%F FY2019: 0.0%F FY2020: -1.0%F FY2021: 13.2%F FY2022: -1.3%F FY2023: 2.5%F FY2024: 3.2%F FY2025: -4.4%GM FY2018: 5.4%GM FY2019: 4.9%GM FY2020: 5.2%GM FY2021: 7.9%GM FY2022: 6.3%GM FY2023: 5.9%GM FY2024: 3.2%GM FY2025: 1.5%FY18FY19FY20FY21FY22FY23FY24FY25
F -4.4%GM 1.5%
Revenue growth
F FY2019: -2.8%F FY2020: -18.4%F FY2021: +7.2%F FY2022: +15.9%F FY2023: +11.5%F FY2024: +5.0%F FY2025: +1.2%GM FY2019: -6.7%GM FY2020: -10.7%GM FY2021: +3.7%GM FY2022: +23.4%GM FY2023: +9.6%GM FY2024: +9.1%GM FY2025: -1.3%FY19FY20FY21FY22FY23FY24FY25
F +1.2%GM -1.3%
Free cash flow
F FY2018: $7.2BF FY2019: $10BF FY2020: $18.5BF FY2021: $9.6BF FY2022: -$13MF FY2023: $6.7BF FY2024: $6.7BF FY2025: $12.5BGM FY2018: $6.5BGM FY2019: $7.4BGM FY2020: $11.4BGM FY2021: $7.7BGM FY2022: $6.8BGM FY2023: $10BGM FY2024: $9.3BGM FY2025: $17.6BFY18FY19FY20FY21FY22FY23FY24FY25
F $12.5BGM $17.6B

Fiscal years as each company reports them; the two may end in different months.

Questions about Ford Motor and General Motors

Which is bigger by revenue, Ford Motor or General Motors?

Ford Motor is bigger by revenue: $187.3B in fiscal 2025, against $185B for General Motors in fiscal 2025.

Which keeps more of its revenue as profit, Ford Motor or General Motors?

Ford Motor had a net margin of -4.4% in fiscal 2025; General Motors had 1.5% in fiscal 2025.

Which grew revenue faster, Ford Motor or General Motors?

In their latest fiscal years revenue changed by +1.2% at Ford Motor and -1.3% at General Motors.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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