Ford Motor Company (F)
Net 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 | ||
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Net income (ttm) | US$ in thousands | 4,347,000 | 6,162,000 | 4,136,000 | 2,886,000 | -1,981,000 | 9,012,000 | 11,671,000 | 11,565,000 | 17,937,000 | 1,845,000 | 2,398,000 | 2,954,000 | -2,301,000 | -927,000 | -2,887,000 | -3,856,000 | -717,000 | 1,702,000 | 2,268,000 | 3,186,000 |
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 |
Net profit margin | 2.46% | 3.56% | 2.44% | 1.75% | -1.25% | 5.94% | 7.88% | 8.59% | 13.16% | 1.37% | 1.76% | 2.29% | -1.81% | -0.71% | -2.21% | -2.57% | -0.46% | 1.08% | 1.43% | 2.01% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,347,000K ÷ $176,452,000K
= 2.46%
The net profit margin for Ford Motor Co. has exhibited some fluctuations over the past eight quarters. In Q4 2023, the net profit margin was 2.47%, a decrease from the previous quarter's 3.54%. This downward trend in profitability may raise concerns about the company's operational efficiency and cost management during that period.
Comparing Q4 2023 to the same quarter in the previous year, there has been significant improvement, as the net profit margin was previously negative at -1.25%. This improvement suggests that Ford Motor Co. has made significant progress in managing costs and increasing profitability year-over-year.
Looking at the broader trend, the net profit margin has shown some volatility over the past year, with peaks in Q2 and Q3 2022 at 7.88% and 8.59%, respectively. However, the margins have declined in recent quarters, which may be indicative of various internal or external factors impacting the company's profitability.
Overall, while there have been fluctuations in the net profit margin for Ford Motor Co., it is essential for stakeholders to closely monitor future financial performance to assess the company's ability to maintain or improve profitability levels.
Peer comparison
Dec 31, 2023