Stock Analysis on Net
Stock Analysis on Net

Ford Motor Co. (NYSE:F)

デュポン分析: ROE、ROA、純利益率の内訳 
四半期データ

Microsoft Excel

ROE分解では、純利益を株主資本で割ったものを構成比率の積として表します。

ROEを2つのコンポーネントに分解

Ford Motor Co.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = ROA × 財務レバレッジ比率
2024/03/31 9.15% = 1.43% × 6.40
2023/12/31 10.16% = 1.59% × 6.39
2023/09/30 13.92% = 2.30% × 6.06
2023/06/30 9.47% = 1.55% × 6.09
2023/03/31 6.81% = 1.12% × 6.06
2022/12/31 -4.58% = -0.77% × 5.92
2022/09/30 21.39% = 3.65% × 5.86
2022/06/30 26.42% = 4.75% × 5.56
2022/03/31 25.71% = 4.57% × 5.62
2021/12/31 36.97% = 6.98% × 5.30
2021/09/30 7.83% = 1.13% × 6.91
2021/06/30 9.87% = 1.38% × 7.17
2021/03/31 11.75% = 1.52% × 7.71
2020/12/31 -4.17% = -0.48% × 8.71
2020/09/30 -0.49% = -0.06% × 7.85
2020/06/30 -6.89% = -0.79% × 8.74
2020/03/31 -10.43% = -1.17% × 8.91
2019/12/31 0.14% = 0.02% × 7.79
2019/09/30 — = — × 7.30
2019/06/30 — = — × 7.26
2019/03/31 — = — × 7.23

レポートに基づく: 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第1 四半期に比べて株主資本利益率(ROE)が低下した主な理由は、総資産利益率(ROA)で測定した収益性の低下です。

ROEを3つの要素に分解

Ford Motor Co.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 純利益率 × 資産回転率 × 財務レバレッジ比率
2024/03/31 9.15% = 2.35% × 0.61 × 6.40
2023/12/31 10.16% = 2.62% × 0.61 × 6.39
2023/09/30 13.92% = 3.75% × 0.61 × 6.06
2023/06/30 9.47% = 2.58% × 0.60 × 6.09
2023/03/31 6.81% = 1.85% × 0.61 × 6.06
2022/12/31 -4.58% = -1.33% × 0.58 × 5.92
2022/09/30 21.39% = 6.32% × 0.58 × 5.86
2022/06/30 26.42% = 8.42% × 0.56 × 5.56
2022/03/31 25.71% = 9.26% × 0.49 × 5.62
2021/12/31 36.97% = 14.21% × 0.49 × 5.30
2021/09/30 7.83% = 2.31% × 0.49 × 6.91
2021/06/30 9.87% = 2.72% × 0.51 × 7.17
2021/03/31 11.75% = 3.37% × 0.45 × 7.71
2020/12/31 -4.17% = -1.10% × 0.43 × 8.71
2020/09/30 -0.49% = -0.14% × 0.46 × 7.85
2020/06/30 -6.89% = -1.79% × 0.44 × 8.74
2020/03/31 -10.43% = -2.24% × 0.52 × 8.91
2019/12/31 0.14% = 0.03% × 0.56 × 7.79
2019/09/30 — = — × — × 7.30
2019/06/30 — = — × — × 7.26
2019/03/31 — = — × — × 7.23

レポートに基づく: 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第1 四半期に比べて株主資本利益率(ROE)が低下した主な理由は、純利益率で測定した収益性の低下です。

ROEを5つの要素に分解

Ford Motor Co.、 ROE の分解(四半期データ)

Microsoft Excel
ROE = 税負担 × 利息負担 × EBITマージン × 資産回転率 × 財務レバレッジ比率
2024/03/31 9.15% = 1.17 × 0.72 × 2.77% × 0.61 × 6.40
2023/12/31 10.16% = 1.09 × 0.75 × 3.19% × 0.61 × 6.39
2023/09/30 13.92% = 0.87 × 0.85 × 5.05% × 0.61 × 6.06
2023/06/30 9.47% = 0.90 × 0.79 × 3.66% × 0.60 × 6.09
2023/03/31 6.81% = 0.89 × 0.72 × 2.89% × 0.61 × 6.06
2022/12/31 -4.58% = — × — × -1.06% × 0.58 × 5.92
2022/09/30 21.39% = 1.25 × 0.84 × 6.00% × 0.58 × 5.86
2022/06/30 26.42% = 1.16 × 0.87 × 8.36% × 0.56 × 5.56
2022/03/31 25.71% = 1.15 × 0.86 × 9.34% × 0.49 × 5.62
2021/12/31 36.97% = 1.01 × 0.91 × 15.53% × 0.49 × 5.30
2021/09/30 7.83% = 1.03 × 0.60 × 3.71% × 0.49 × 6.91
2021/06/30 9.87% = 0.94 × 0.66 × 4.40% × 0.51 × 7.17
2021/03/31 11.75% = 1.00 × 0.68 × 4.96% × 0.45 × 7.71
2020/12/31 -4.17% = — × -2.11 × 0.46% × 0.43 × 8.71
2020/09/30 -0.49% = -0.65 × 0.15 × 1.41% × 0.46 × 7.85
2020/06/30 -6.89% = — × — × -1.10% × 0.44 × 8.74
2020/03/31 -10.43% = — × — × -1.74% × 0.52 × 8.91
2019/12/31 0.14% = — × -1.97 × 0.24% × 0.56 × 7.79
2019/09/30 — = — × — × — × — × 7.30
2019/06/30 — = — × — × — × — × 7.26
2019/03/31 — = — × — × — × — × 7.23

レポートに基づく: 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第1 四半期の株主資本利益率(ROE)が低下した主な理由は、EBITマージン率で測定した営業利益率の低下です。

ROAを2つのコンポーネントに分解

Ford Motor Co.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 純利益率 × 資産回転率
2024/03/31 1.43% = 2.35% × 0.61
2023/12/31 1.59% = 2.62% × 0.61
2023/09/30 2.30% = 3.75% × 0.61
2023/06/30 1.55% = 2.58% × 0.60
2023/03/31 1.12% = 1.85% × 0.61
2022/12/31 -0.77% = -1.33% × 0.58
2022/09/30 3.65% = 6.32% × 0.58
2022/06/30 4.75% = 8.42% × 0.56
2022/03/31 4.57% = 9.26% × 0.49
2021/12/31 6.98% = 14.21% × 0.49
2021/09/30 1.13% = 2.31% × 0.49
2021/06/30 1.38% = 2.72% × 0.51
2021/03/31 1.52% = 3.37% × 0.45
2020/12/31 -0.48% = -1.10% × 0.43
2020/09/30 -0.06% = -0.14% × 0.46
2020/06/30 -0.79% = -1.79% × 0.44
2020/03/31 -1.17% = -2.24% × 0.52
2019/12/31 0.02% = 0.03% × 0.56
2019/09/30 — = — × —
2019/06/30 — = — × —
2019/03/31 — = — × —

レポートに基づく: 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第1 四半期に比べて総資産利益率(ROA)が低下した主な理由は、純利益率で測定した収益性の低下です。

ROAを4つの要素に分解

Ford Motor Co.、 ROA の分解(四半期データ)

Microsoft Excel
ROA = 税負担 × 利息負担 × EBITマージン × 資産回転率
2024/03/31 1.43% = 1.17 × 0.72 × 2.77% × 0.61
2023/12/31 1.59% = 1.09 × 0.75 × 3.19% × 0.61
2023/09/30 2.30% = 0.87 × 0.85 × 5.05% × 0.61
2023/06/30 1.55% = 0.90 × 0.79 × 3.66% × 0.60
2023/03/31 1.12% = 0.89 × 0.72 × 2.89% × 0.61
2022/12/31 -0.77% = — × — × -1.06% × 0.58
2022/09/30 3.65% = 1.25 × 0.84 × 6.00% × 0.58
2022/06/30 4.75% = 1.16 × 0.87 × 8.36% × 0.56
2022/03/31 4.57% = 1.15 × 0.86 × 9.34% × 0.49
2021/12/31 6.98% = 1.01 × 0.91 × 15.53% × 0.49
2021/09/30 1.13% = 1.03 × 0.60 × 3.71% × 0.49
2021/06/30 1.38% = 0.94 × 0.66 × 4.40% × 0.51
2021/03/31 1.52% = 1.00 × 0.68 × 4.96% × 0.45
2020/12/31 -0.48% = — × -2.11 × 0.46% × 0.43
2020/09/30 -0.06% = -0.65 × 0.15 × 1.41% × 0.46
2020/06/30 -0.79% = — × — × -1.10% × 0.44
2020/03/31 -1.17% = — × — × -1.74% × 0.52
2019/12/31 0.02% = — × -1.97 × 0.24% × 0.56
2019/09/30 — = — × — × — × —
2019/06/30 — = — × — × — × —
2019/03/31 — = — × — × — × —

レポートに基づく: 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第1 四半期に比べて総資産利益率(ROA)が低下した主な理由は、EBITマージン率で測定した営業収益性の低下です。

純利益率の分解

Ford Motor Co.、純利益率の分解(四半期データ)

Microsoft Excel
純利益率 = 税負担 × 利息負担 × EBITマージン
2024/03/31 2.35% = 1.17 × 0.72 × 2.77%
2023/12/31 2.62% = 1.09 × 0.75 × 3.19%
2023/09/30 3.75% = 0.87 × 0.85 × 5.05%
2023/06/30 2.58% = 0.90 × 0.79 × 3.66%
2023/03/31 1.85% = 0.89 × 0.72 × 2.89%
2022/12/31 -1.33% = — × — × -1.06%
2022/09/30 6.32% = 1.25 × 0.84 × 6.00%
2022/06/30 8.42% = 1.16 × 0.87 × 8.36%
2022/03/31 9.26% = 1.15 × 0.86 × 9.34%
2021/12/31 14.21% = 1.01 × 0.91 × 15.53%
2021/09/30 2.31% = 1.03 × 0.60 × 3.71%
2021/06/30 2.72% = 0.94 × 0.66 × 4.40%
2021/03/31 3.37% = 1.00 × 0.68 × 4.96%
2020/12/31 -1.10% = — × -2.11 × 0.46%
2020/09/30 -0.14% = -0.65 × 0.15 × 1.41%
2020/06/30 -1.79% = — × — × -1.10%
2020/03/31 -2.24% = — × — × -1.74%
2019/12/31 0.03% = — × -1.97 × 0.24%
2019/09/30 — = — × — × —
2019/06/30 — = — × — × —
2019/03/31 — = — × — × —

レポートに基づく: 10-Q (報告日: 2024-03-31), 10-K (報告日: 2023-12-31), 10-Q (報告日: 2023-09-30), 10-Q (報告日: 2023-06-30), 10-Q (報告日: 2023-03-31), 10-K (報告日: 2022-12-31), 10-Q (報告日: 2022-09-30), 10-Q (報告日: 2022-06-30), 10-Q (報告日: 2022-03-31), 10-K (報告日: 2021-12-31), 10-Q (報告日: 2021-09-30), 10-Q (報告日: 2021-06-30), 10-Q (報告日: 2021-03-31), 10-K (報告日: 2020-12-31), 10-Q (報告日: 2020-09-30), 10-Q (報告日: 2020-06-30), 10-Q (報告日: 2020-03-31), 10-K (報告日: 2019-12-31), 10-Q (報告日: 2019-09-30), 10-Q (報告日: 2019-06-30), 10-Q (報告日: 2019-03-31).

2024年第1 四半期の純利益率の低下の主な理由は、EBIT利益率で測定される営業収益性の低下です。