Ford Motor Company (F)

Profitability ratios

Return on sales

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
Gross profit margin 6.76% 7.86% 7.85% 7.87% 8.13% 5.21% 5.12% 5.50% 5.40% 1.03% 1.50% -0.53% 0.58% 33.95% 34.24% 34.87% 32.62% 34.56% 33.00% 30.35%
Operating profit margin 2.82% 2.04% 2.21% 2.57% 3.09% 4.19% 3.92% 4.28% 3.97% 3.59% 4.25% 2.53% 3.32% 1.00% 1.72% -0.30% -3.47% -1.85% -3.86% -1.46%
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%
Net profit margin 3.18% 1.93% 2.12% 2.21% 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%

Ford Motor Company's profitability ratios have exhibited fluctuations over the past few years. The gross profit margin showed a decline from 2022 to 2023 but improved by the end of 2024. The operating profit margin experienced a similar trend, with a dip in 2023 followed by a slight recovery. The pretax margin fluctuated significantly, with a notable increase in 2021, followed by a decline in 2022 and a gradual recovery thereafter. The net profit margin also displayed variability, with improvements in 2021 and 2022, followed by a slight decrease in 2023 and a moderate increase in 2024. Overall, Ford's profitability margins indicate a mixed performance, reflecting the challenges and changes the company has faced in recent years.


Return on investment

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
Operating return on assets (Operating ROA) 1.83% 1.30% 1.44% 1.67% 2.00% 2.71% 2.50% 2.74% 2.45% 2.21% 2.56% 1.34% 1.76% 0.53% 0.95% -0.15% -1.65% -0.93% -1.87% -0.83%
Return on assets (ROA) 2.06% 1.23% 1.39% 1.43% 1.59% 2.30% 1.55% 1.12% -0.77% 3.65% 4.75% 4.57% 6.98% 0.73% 0.96% 1.13% -0.86% -0.36% -1.07% -1.46%
Return on total capital 11.64% 8.45% 9.16% 10.66% 12.76% 16.41% 15.20% 16.63% 14.51% 12.95% 14.25% 7.56% 9.32% 3.67% 6.78% -1.14% -14.23% -7.31% -16.33% -7.37%
Return on equity (ROE) 13.11% 7.96% 8.80% 9.15% 10.16% 13.92% 9.47% 6.81% -4.58% 21.39% 26.42% 25.71% 36.97% 5.04% 6.92% 8.73% -7.50% -2.80% -9.37% -13.01%

Based on the provided data, Ford Motor Company's profitability ratios have shown a mixed performance over the analyzed periods.

1. Operating Return on Assets (Operating ROA) has gradually improved from negative values in early 2020 to around 2.00% by the end of 2024. This indicates that the company has been able to generate positive operating earnings in relation to its total assets, showing an increase in operational efficiency.

2. Return on Assets (ROA) also displays a similar trend, starting from negative values in 2020 and reaching around 2.00% by the end of 2024. This suggests that Ford has been able to generate positive net income in relation to its assets over the analyzed periods.

3. Return on Total Capital has shown significant improvement, with values increasing from negative percentages in 2020 to around 11.64% by the end of 2024. This indicates that Ford has been able to generate higher returns for its total invested capital over time.

4. Return on Equity (ROE) has depicted a fluctuating pattern, with periods of negative values interspersed with periods of positive returns. Despite the variability, ROE has shown an upward trend from around 36.97% in late 2021 to approximately 13.11% by the end of 2024. This suggests that Ford has been able to generate higher returns for its equity shareholders over the analyzed periods.

In conclusion, Ford Motor Company's profitability ratios have shown improvement and stability over time, indicating enhanced operational efficiency, profitability, and returns for both capital and equity stakeholders. However, the company should continue monitoring and managing its profitability metrics to ensure sustained positive performance in the future.


See also:

Ford Motor Company Profitability Ratios (Quarterly Data)