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1940 Montana gubernatorial election

The 1940 Montana gubernatorial election took place on November 5, 1940. Incumbent governor of Montana Roy E. Ayers, who was first elected governor in 1936, ran for re-election. He narrowly won the Democratic primary by just over a thousand votes to win renomination, and advanced to the general election, where he was opposed by Sam C. Ford, a former Associate Justice of the Montana Supreme Court and the Republican nominee. Ultimately, in spite of the fact that then-President Franklin D. Roosevelt comfortably won the state in that year's presidential election, Ford narrowly defeated Ayers to win his first of two terms as governor.

Roy E. Ayers, incumbent governor of Montana
Arthur F. Lamey, former chairman of the Montana Democratic Party, former Hill County Attorney
A. E. Kathan

Party	Candidate	Votes	%
	Democratic	40,268	38.23
	Democratic	39,010	37.04
	Democratic	26,041	24.73
105,319	100.00

Sam C. Ford, former Associate Justice of the Montana Supreme Court
Charles A. Hauswirth, Mayor of Butte
Julius J. Wuerthner, former Mayor of Great Falls
T. S. Stockdahl
Martin P. Moe, former Secretary of the Montana Education Association
John H. Leuthold

Party	Candidate	Votes	%
	Republican	16,335	32.90
	Republican	14,397	29.00
	Republican	8,685	17.49
	Republican	5,439	10.95
	Republican	3,994	8.04
	Republican	802	1.62
49,652	100.00

Party	Candidate	Votes	%	.mw-parser-output .tooltip-dotted{border-bottom:1px dotted;cursor:help}±%
	Republican	124,435	50.67%	+2.55%
	Democratic	119,453	48.64%	−2.31%
	Communist	1,713	0.70%	+0.53%
4,982	2.03%	−0.80%
245,601
	Republican gain from Democratic

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