Ford Motor Company (F)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 7,218,000 | 3,985,000 | -2,845,000 | 17,807,000 | -1,119,000 |
| Revenue | US$ in thousands | 184,992,000 | 176,191,000 | 158,057,000 | 136,341,000 | 127,144,000 |
| Pretax margin | 3.90% | 2.26% | -1.80% | 13.06% | -0.88% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $7,218,000K ÷ $184,992,000K
= 3.90%
The pretax margin of Ford Motor Company has shown fluctuating trends over the years based on the provided data. In December 31, 2020, the company reported a negative pretax margin of -0.88%, indicating that the company's operating expenses exceeded its gross profit before taxes.
However, there was a significant improvement in profitability in December 31, 2021, with the pretax margin increasing to 13.06%, showcasing the company's ability to generate more earnings compared to its expenses.
In December 31, 2022, the pretax margin worsened, declining to -1.80%, indicating a decrease in profitability compared to the previous year.
The company managed to rebound in December 31, 2023, with the pretax margin rising to 2.26%, signaling an improved financial performance compared to the previous year.
By December 31, 2024, Ford Motor Company continued its positive momentum, with the pretax margin further increasing to 3.90%, showcasing the company's ability to generate higher profits relative to its total revenue before taxes.
Overall, analyzing the pretax margin trend demonstrates the fluctuations in Ford Motor Company's profitability over the years, highlighting the importance of consistent financial monitoring and management strategies to sustain and enhance financial performance.
Peer comparison
Dec 31, 2024