F
Ford Motor Company
F offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
RACE
Ferrari N.V.
RACE has the edge over F overall, supported by stronger fundamentals and lower modeled downside.
F Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Strong |
F's balance sheet is currently strong, and its revenue is stable, but its profitability and cash flow are under pressure.
RACE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Healthy |
RACE's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
F PE Valuation
F has no meaningful PE right now: it lost money over the past year.
RACE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 38x | $394 | -2.8% |
| Current | 40x | $405 | — |
| Fair | 48x | $490 | +21% |
| Expensive | 55x | $567 | +40% |
Historical ranges are pointers, not guarantees.
RACE's PE is 40x, but its earnings don't support one, so it isn't a reliable read right now.
F Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect F's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
RACE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
RACE has the edge over F on the outlook, with more favorable revenue expectations.
F Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.78 | — |
| Q3 2026 | -$1.97 | -270% |
| Q2 2026 | -$1.87 | -340% |
| Q1 2026 | -$1.55 | -224% |
| Q4 2025 | -$2.06 | -241% |
| Q3 2025 | $1.16 | +32% |
| Q2 2025 | $0.78 | -19% |
| Q1 2025 | $1.25 | +29% |
| Q4 2024 | $1.46 | +35% |
F has swung to a loss: it lost $1.97 per share over the past year, after a profit the year before.
RACE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $10.25 | +3.7% |
| Q1 2026 | $10.00 | +2.2% |
| Q4 2025 | $9.95 | +6% |
| Q3 2025 | $9.94 | +13% |
| Q2 2025 | $9.88 | +16% |
| Q1 2025 | $9.78 | +22% |
| Q4 2024 | $9.39 | +22% |
| Q3 2024 | $8.82 | +22% |
RACE has the edge over F on earnings quality, reporting a profit while its opponent remains loss making.
F Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $49.5B | -2% |
| Q2 2026 | $48.3B | -3.8% |
| Q1 2026 | $43.3B | +6.4% |
| Q4 2025 | $45.9B | -4.8% |
| Q3 2025 | $50.5B | +9.4% |
| Q2 2025 | $50.2B | +5% |
| Q1 2025 | $40.7B | -5% |
| Q4 2024 | $48.2B | +4.9% |
F's revenue grew through 2023 and has held roughly level since: $49.5B last quarter, down 2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2.9% | -0.1 points |
| Q2 2026 | 1.3% | +0.3 points |
| Q1 2026 | 5.4% | +4.6 points |
| Q4 2025 | -25% | -28 points |
| Q3 2025 | 3.1% | +1.2 points |
| Q2 2025 | 1% | -2.9 points |
| Q1 2025 | 0.8% | -2.1 points |
| Q4 2024 | 2.5% | +3.1 points |
F's operating margin was 2.9% last quarter, about level with the same quarter a year ago.
RACE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.1B | +8.2% |
| Q1 2026 | $2.1B | +3.2% |
| Q4 2025 | $2B | +3.8% |
| Q3 2025 | $2B | +7.4% |
| Q2 2025 | $2B | +4.4% |
| Q1 2025 | $2B | +13% |
| Q4 2024 | $1.9B | +14% |
| Q3 2024 | $1.8B | +6.5% |
RACE has the edge over F on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 32% | +0.6 points |
| Q1 2026 | 30% | -0.9 points |
| Q4 2025 | 28% | +1.4 points |
| Q3 2025 | 28% | -0.2 points |
| Q2 2025 | 31% | +1.4 points |
| Q1 2025 | 31% | +2.5 points |
| Q4 2024 | 27% | +2.4 points |
| Q3 2024 | 29% | +1 points |
RACE has the edge over F on profitability, with a higher operating margin.
F Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.1B | -40% |
| Q2 2026 | $2B | -54% |
| Q1 2026 | -$1.1B | -157% |
| Q4 2025 | $1.1B | +108% |
| Q3 2025 | $5.3B | +50% |
| Q2 2025 | $4.2B | +24% |
| Q1 2025 | $1.9B | +$2.6B |
| Q4 2024 | $530M | +169% |
F still generates free cash flow, though less than at its 2020 peak: $5.1B over the past year.
RACE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $366.1M | +111% |
| Q1 2026 | $812.8M | +17% |
| Q4 2025 | $1.6B | +545% |
| Q3 2025 | $525.1M | -2.8% |
| Q2 2025 | $173.2M | +229% |
| Q1 2025 | $692.2M | +101% |
| Q4 2024 | $242.1M | +2.9% |
| Q3 2024 | $540.3M | +64% |
RACE has the edge over F on cash flow, with more consistent year-over-year improvement.
F Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.2% | +89M shares |
| 1 year | +0.7% | +28M shares |
| 3 years | +0.6% | +26M shares |
| 5 years | +1% | +40M shares |
| Available history | +1.8% | +72M shares |
F has 4.1B diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $311M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $150M |
F spent $311M buying back its own shares over the past year, up 107% from the year before.
RACE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.5% | -891K shares |
| 1 year | -1.1% | -2M shares |
| 3 years | -2.9% | -5.3M shares |
| 5 years | -4.6% | -8.6M shares |
| Available history | -5.8% | -10.9M shares |
RACE has the edge over F on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $231.8M |
| Q1 2026 | $251.8M |
| Q4 2025 | $872.4M |
| Q3 2025 | $147.1M |
| Q2 2025 | — |
| Q1 2025 | $470.7M |
| Q4 2024 | $167.2M |
| Q3 2024 | $163.1M |
RACE spent $1.5B buying back its own shares over the past year, up 88% from the year before.
F Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.5x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.0x | Net Cash |
| Q4 2025 | -3.4x | Net Cash |
| Q3 2025 | -2.4x | Net Cash |
| Q2 2025 | -2.2x | Net Cash |
| Q1 2025 | -1.8x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
F has the edge over RACE on leverage, with a lower net debt burden relative to earnings.
RACE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | 0.4x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 0.6x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
| Q3 2024 | 0.6x | Very low |
RACE's net debt is less than a year of its operating earnings (EBITDA).
F Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 19.6 | Oversold |
F's weekly RSI is 41 (neutral) and its Stochastic is 20 (oversold).
RACE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.4 | Neutral |
| Stochastic | 47.3 | Neutral |
RACE's weekly RSI is 54 (neutral) and its Stochastic is 47 (neutral).
F PE vs Consumer Cyclical Sector
| Metric | F | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
F has no meaningful PE right now: it lost money over the past year.
RACE PE vs Consumer Cyclical Sector
| Metric | RACE | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 18x | 119% above |
| PE % | 21 | 47 | 26 pts below |
RACE is trading at 40x earnings, a 119% premium to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
F Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $12.2 | 2.5% below |
| 20 week MA | $13.3 | 11% below |
| 50 week MA | $13.4 | 11% below |
| 100 week MA | $12.1 | 2% below |
| 200 week MA | $12.1 | 1.4% below |
F is in a downtrend: it's below all five of its weekly moving averages, and 1.4% below its 200-week average.
RACE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $399.8 | 1.4% above |
| 20 week MA | $400.3 | 1.3% above |
| 50 week MA | $372.0 | 9% above |
| 100 week MA | $412.7 | 1.7% below |
| 200 week MA | $388.6 | 4.3% above |
RACE has the edge over F on trend strength, trading above more of its moving averages.
F Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.36 | $8.86 | -5.3% |
| 2021 | $8.86 | $20.3 | +129% |
| 2022 | $20.3 | $11.4 | -44% |
| 2023 | $11.4 | $12.2 | +7.3% |
| 2024 | $12.2 | $10.0 | -18% |
| 2025 | $10.0 | $13.3 | +33% |
| 2026 YTD | $13.3 | $11.9 | -11% |
F's yearly returns have swung widely, from +129% in 2021 to −44% in 2022. It's down 11% so far in 2026.
RACE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $168.7 | $225.5 | +34% |
| 2021 | $225.5 | $253.5 | +12% |
| 2022 | $253.5 | $211.0 | -17% |
| 2023 | $211.0 | $338.4 | +60% |
| 2024 | $338.4 | $432.2 | +28% |
| 2025 | $432.2 | $378.1 | -13% |
| 2026 YTD | $378.1 | $405.5 | +7.2% |
RACE has the edge over F on returns for 2026, with the stronger performance.