Ford Motor Company (F)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	14,350,000	9,037,000	8,670,000	9,059,000	8,530,000	1,567,000	2,214,000	-717,000	794,000	45,696,000	46,716,000	44,995,000	41,475,000	45,238,000	43,035,000	45,488,000	47,829,000	49,907,000	48,685,000	46,800,000
Revenue (ttm)	US$ in thousands	176,452,000	173,326,000	169,237,000	164,758,000	158,057,000	151,736,000	148,027,000	134,589,000	136,341,000	134,615,000	136,433,000	129,052,000	127,144,000	130,907,000	130,396,000	149,878,000	155,900,000	157,978,000	158,654,000	158,721,000
Gross profit margin		8.13%	5.21%	5.12%	5.50%	5.40%	1.03%	1.50%	-0.53%	0.58%	33.95%	34.24%	34.87%	32.62%	34.56%	33.00%	30.35%	30.68%	31.59%	30.69%	29.49%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $14,350,000K ÷ $176,452,000K
= 8.13%

The gross profit margin of Ford Motor Co. has experienced fluctuations over the past eight quarters. It ranged from a low of 14.55% in Q4 2023 to a high of 15.77% in Q2 2022. The average gross profit margin over these periods was 15.07%. These fluctuations could be influenced by various factors such as changes in sales volume, pricing strategies, production costs, or supply chain disruptions. Overall, maintaining a relatively stable gross profit margin around the industry average suggests reasonable operational efficiency in managing production costs and pricing strategies. It is essential for the company to monitor these fluctuations closely to ensure sustainable profitability in the long term.