Ford Motor Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	176,486	172,706	165,901	149,079	126,268	115,941
Other Revenue	13,102	12,286	10,290	8,978	10,073	11,203
Revenue	189,588	184,992	176,191	158,057	136,341	127,144
Revenue Growth (YoY)	3.75%	5.00%	11.47%	15.93%	7.23%	-18.45%
Cost of Revenue	164,145	158,434	150,550	134,365	114,651	112,528
Gross Profit	14,323	15,548	16,192	17,223	16,438	6,009
Selling, General & Admin	10,405	10,348	10,799	9,143	9,721	10,124
Operating Expenses	10,405	10,348	10,799	9,143	9,721	10,124
Operating Income	3,918	5,200	5,393	8,080	6,717	-4,115
Interest Expense	-1,221	-1,136	-1,318	-1,282	-1,803	-1,651
Interest & Investment Income	1,494	1,540	1,567	639	261	452
Earnings From Equity Investments	-18	636	382	-2,910	327	42
Currency Exchange Gain (Loss)	7	268	-35	50	145	-
Other Non Operating Income (Expenses)	600	217	571	513	505	610
EBT Excluding Unusual Items	4,780	6,725	6,560	5,090	6,152	-4,662
Merger & Restructuring Charges	-	-	-	-	-	-201
Gain (Loss) on Sale of Investments	42	36	-196	-7,665	9,527	3,771
Asset Writedown	-	-	-	-32	-	-23
Other Unusual Items	472	472	-2,397	-409	2,101	-1
Pretax Income	5,294	7,233	3,967	-3,016	17,780	-1,116
Income Tax Expense	571	1,339	-362	-864	-130	160
Earnings From Continuing Operations	4,723	5,894	4,329	-2,152	17,910	-1,276
Minority Interest in Earnings	-17	-15	18	171	27	-3
Net Income	4,706	5,879	4,347	-1,981	17,937	-1,279
Net Income to Common	4,706	5,879	4,347	-1,981	17,937	-1,279
Net Income Growth	33.35%	35.24%	-	-	-	-
Shares Outstanding (Basic)	3,976	3,978	3,998	4,014	3,991	3,973
Shares Outstanding (Diluted)	4,026	4,021	4,041	4,014	4,034	3,973
Shares Change (YoY)	-0.01%	-0.50%	0.67%	-0.50%	1.54%	-0.77%
EPS (Basic)	1.18	1.48	1.09	-0.49	4.49	-0.32
EPS (Diluted)	1.17	1.46	1.08	-0.49	4.45	-0.32
EPS Growth	33.19%	35.19%	-	-	-	-
Free Cash Flow	11,897	6,739	6,682	-13	9,560	18,527
Free Cash Flow Per Share	2.96	1.68	1.65	-0.00	2.37	4.66
Dividend Per Share	0.600	0.600	0.600	0.500	0.100	0.150
Dividend Growth	-	-	20.00%	400.00%	-33.33%	-75.00%
Gross Margin	7.56%	8.40%	9.19%	10.90%	12.06%	4.73%
Operating Margin	2.07%	2.81%	3.06%	5.11%	4.93%	-3.24%
Profit Margin	2.48%	3.18%	2.47%	-1.25%	13.16%	-1.01%
Free Cash Flow Margin	6.28%	3.64%	3.79%	-0.01%	7.01%	14.57%
EBITDA	9,708	11,067	11,916	14,573	12,677	3,197
EBITDA Margin	5.12%	5.98%	6.76%	9.22%	9.30%	2.51%
D&A For EBITDA	5,790	5,867	6,523	6,493	5,960	7,312
EBIT	3,918	5,200	5,393	8,080	6,717	-4,115
EBIT Margin	2.07%	2.81%	3.06%	5.11%	4.93%	-3.24%
Effective Tax Rate	10.79%	18.51%	-	-	-	-
Revenue as Reported	189,588	184,992	176,191	158,057	136,341	127,144
Advertising Expenses	-	2,800	2,500	2,200	3,100	2,800

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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