Ford Motor Company (F)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	12,138,000	13,823,000	8,502,000	1,008,000	-800,000
Revenue	US$ in thousands	184,992,000	176,191,000	158,057,000	136,341,000	127,144,000
Gross profit margin		6.56%	7.85%	5.38%	0.74%	-0.63%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $12,138,000K ÷ $184,992,000K
= 6.56%

Based on the data provided for Ford Motor Company's gross profit margin, there has been a significant improvement over the years. The gross profit margin was negative at -0.63% as of December 31, 2020, indicating that the company's cost of goods sold exceeded its revenue from sales.

However, there has been a positive turnaround in subsequent years, with the gross profit margin increasing to 0.74% by December 31, 2021. This improvement continued as the gross profit margin further rose to 5.38% by December 31, 2022, reflecting better control over production costs and an increase in revenue generated from sales.

By December 31, 2023, the gross profit margin stood at 7.85%, indicating a healthier profitability level for the company. While there was a slight decrease to 6.56% by December 31, 2024, the overall trend demonstrates an enhanced ability of Ford Motor Company to generate profits from its core business activities.

In conclusion, the improving trend in Ford Motor Company's gross profit margin over the years highlights the company's efforts in managing costs effectively and boosting revenue, ultimately contributing to a stronger financial performance.