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
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


See also:

Ford Motor Company Net Profit Margin (Quarterly Data)