Ford Motor Company (F)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 7,218,000 | 3,041,000 | 3,589,000 | 3,342,000 | 3,985,000 | 7,051,000 | 4,616,000 | 3,247,000 | -2,845,000 | 7,186,000 | 10,103,000 | 10,026,000 | 17,807,000 | 1,751,000 | 2,607,000 | 2,947,000 | -2,141,000 | -512,000 | -3,280,000 | -4,160,000 |
| Revenue (ttm) | US$ in thousands | 185,059,000 | 183,244,000 | 180,529,000 | 177,660,000 | 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 |
| Pretax margin | 3.90% | 1.66% | 1.99% | 1.88% | 2.26% | 4.07% | 2.73% | 1.97% | -1.80% | 4.74% | 6.83% | 7.45% | 13.06% | 1.30% | 1.91% | 2.28% | -1.68% | -0.39% | -2.52% | -2.78% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $7,218,000K ÷ $185,059,000K
= 3.90%
The pretax margin, which reflects Ford Motor Company's profitability before accounting for taxes, has shown fluctuations over the specified time period. From negative figures in the first half of 2020 to a notable improvement in late 2021 with a pretax margin of 13.06%, the company experienced a significant recovery in profitability. This positive trend continued into 2022, as pretax margins ranged from 4.74% to 7.45%.
However, towards the end of 2022, there was a decline in profitability with a negative pretax margin of -1.80%, indicating some challenges faced by Ford. The company managed to recover in the following quarters, achieving pretax margins between 1.88% and 4.07% by the end of 2024. Overall, the trend in pretax margin for Ford Motor Company displays variability but also periods of notable improvement in profitability.
Peer comparison
Dec 31, 2024