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Ford Motor vs Li Auto: revenue, profit, margins and growth compared

Ford Motor brought in $187.3B of revenue in fiscal 2025, Li Auto $16.1B in fiscal 2025. Revenue changed by +1.2% at Ford Motor and -18.8% at Li Auto on the year before, so Ford Motor grew faster. Ford Motor kept -4.4% of its revenue as net profit, Li Auto 1.0%. Free cash flow was $12.5B at Ford Motor and -$1.8B at Li Auto.

Side by side, latest fiscal year

FLI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$187.3B$16.1B
Revenue growth+1.2%-18.8%
Net income-$8.2B$160.8M
Net margin-4.4%1.0%
Free cash flow$12.5B-$1.8B
Free cash flow margin6.7%-11.4%
Earnings per share (diluted)-$2.06$0.08
Cash$23.4B$8.1B
Debtn/a$471.8M
Price to earningsn/an/a
Market value$48.5B$12.5B
Dividend yield6.06%n/a
Rank by revenue in sector#1 of 587 · Industrials#40 of 587 · 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: $187.3BLI FY2020: $1.4BLI FY2021: $4.2BLI FY2022: $6.6BLI FY2023: $17.4BLI FY2024: $19.8BLI FY2025: $16.1BFY18FY19FY20FY21FY22FY23FY24FY25
F $187.3BLI $16.1B
Net income
F FY2018: $3.7BF FY2019: $47MF FY2020: -$1.3BF FY2021: $17.9BF FY2022: -$2BF FY2023: $4.3BF FY2024: $5.9BF FY2025: -$8.2BLI FY2020: -$23.2MLI FY2021: -$50.4MLI FY2022: -$291.7MLI FY2023: $1.6BLI FY2024: $1.1BLI FY2025: $160.8MFY18FY19FY20FY21FY22FY23FY24FY25
F -$8.2BLI $160.8M
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%LI FY2020: -1.6%LI FY2021: -1.2%LI FY2022: -4.4%LI FY2023: 9.5%LI FY2024: 5.6%LI FY2025: 1.0%FY18FY19FY20FY21FY22FY23FY24FY25
F -4.4%LI 1.0%
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%LI FY2021: +192.4%LI FY2022: +54.9%LI FY2023: +165.7%LI FY2024: +13.5%LI FY2025: -18.8%FY19FY20FY21FY22FY23FY24FY25
F +1.2%LI -18.8%
Free cash flow
F FY2018: $7.2BF FY2019: $10BF FY2020: $18.5BF FY2021: $9.6BF FY2022: -$13MF FY2023: $6.7BF FY2024: $6.7BF FY2025: $12.5BLI FY2020: $377.7MLI FY2021: $768.3MLI FY2022: $326.6MLI FY2023: $6.2BLI FY2024: $1.1BLI FY2025: -$1.8BFY18FY19FY20FY21FY22FY23FY24FY25
F $12.5BLI -$1.8B

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

Questions about Ford Motor and Li Auto

Which is bigger by revenue, Ford Motor or Li Auto?

Ford Motor is bigger by revenue: $187.3B in fiscal 2025, against $16.1B for Li Auto in fiscal 2025.

Which keeps more of its revenue as profit, Ford Motor or Li Auto?

Ford Motor had a net margin of -4.4% in fiscal 2025; Li Auto had 1.0% in fiscal 2025.

Which grew revenue faster, Ford Motor or Li Auto?

In their latest fiscal years revenue changed by +1.2% at Ford Motor and -18.8% at Li Auto.

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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