Ford Motor Company (F)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 5,219,000 | 5,458,000 | 6,276,000 | 4,523,000 | -4,408,000 |
| Revenue | US$ in thousands | 184,992,000 | 176,191,000 | 158,057,000 | 136,341,000 | 127,144,000 |
| Operating profit margin | 2.82% | 3.10% | 3.97% | 3.32% | -3.47% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $5,219,000K ÷ $184,992,000K
= 2.82%
Ford Motor Company's operating profit margin has shown a fluctuating trend over the past five years, based on the provided data. The margin was negative at -3.47% as of December 31, 2020, indicating that the company's operating expenses exceeded its operating income during that period. However, there has been a gradual improvement in the operating profit margin since then, reaching 3.32% as of December 31, 2021, and further increasing to 3.97% by December 31, 2022.
Despite this positive trend, there was a slight dip in the operating profit margin to 3.10% as of December 31, 2023, followed by a further decrease to 2.82% as of December 31, 2024. This downward trend may indicate challenges in controlling operating expenses or variations in revenue generation during these periods.
Overall, the improvement in operating profit margin from negative figures to positive percentages in recent years demonstrates Ford's efforts to enhance operational efficiency and increase profitability. However, it will be important for the company to closely monitor and manage its operating costs to sustain and potentially enhance its operating profit margin in the future.
Peer comparison
Dec 31, 2024