Ford Motor Company (F)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 4,347,000 | -1,981,000 | 17,937,000 | -1,279,000 | 47,000 |
| Revenue | US$ in thousands | 176,191,000 | 158,057,000 | 136,341,000 | 127,144,000 | 155,900,000 |
| Net profit margin | 2.47% | -1.25% | 13.16% | -1.01% | 0.03% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $4,347,000K ÷ $176,191,000K
= 2.47%
The net profit margin of Ford Motor Co. has shown fluctuations over the past five years. In 2023, the net profit margin improved to 2.47% compared to a negative figure of -1.25% in 2022. This improvement indicates that Ford was able to generate a higher percentage of profit from its revenue in 2023.
However, looking back to 2021, the net profit margin was significantly higher at 13.16%, indicating a strong performance in profitability that year. The company faced challenges in 2020 and 2019, with negative net profit margins of -1.01% and 0.03% respectively.
Overall, Ford Motor Co.'s net profit margin has displayed volatility, with positive and negative fluctuations in recent years. This metric is essential for assessing the company's efficiency in generating profits relative to its revenue and can be influenced by various factors such as operating expenses, revenue growth, and cost management.
Peer comparison
Dec 31, 2023