Stock Analysis on Net

Ford Motor Co. (NYSE:F)

$24.99

Analysis of Profitability Ratios

Microsoft Excel

Profitability Ratios (Summary)

Ford Motor Co., profitability ratios

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Return on Sales
Gross profit margin
Operating profit margin
Net profit margin
Return on Investment
Return on equity (ROE)
Return on assets (ROA)

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Ford Motor Co. gross profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Ford Motor Co. operating profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Ford Motor Co. net profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Ford Motor Co. ROE deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.
ROA A profitability ratio calculated as net income divided by total assets. Ford Motor Co. ROA deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

Gross Profit Margin

Ford Motor Co., gross profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Gross profit
Company revenues excluding Ford Credit
Profitability Ratio
Gross profit margin1
Benchmarks
Gross Profit Margin, Competitors2
General Motors Co.
Tesla Inc.

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Gross profit margin = 100 × Gross profit ÷ Company revenues excluding Ford Credit
= 100 × ÷ =

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Ford Motor Co. gross profit margin ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level.

Operating Profit Margin

Ford Motor Co., operating profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Operating income (loss)
Company revenues excluding Ford Credit
Profitability Ratio
Operating profit margin1
Benchmarks
Operating Profit Margin, Competitors2
General Motors Co.
Tesla Inc.
Operating Profit Margin, Sector
Automobiles & Components
Operating Profit Margin, Industry
Consumer Discretionary

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Operating profit margin = 100 × Operating income (loss) ÷ Company revenues excluding Ford Credit
= 100 × ÷ =

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Ford Motor Co. operating profit margin ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023.

Net Profit Margin

Ford Motor Co., net profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Ford Motor Company
Company revenues excluding Ford Credit
Profitability Ratio
Net profit margin1
Benchmarks
Net Profit Margin, Competitors2
General Motors Co.
Tesla Inc.
Net Profit Margin, Sector
Automobiles & Components
Net Profit Margin, Industry
Consumer Discretionary

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
Net profit margin = 100 × Net income (loss) attributable to Ford Motor Company ÷ Company revenues excluding Ford Credit
= 100 × ÷ =

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Ford Motor Co. net profit margin ratio deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

Return on Equity (ROE)

Ford Motor Co., ROE calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Ford Motor Company
Equity attributable to Ford Motor Company
Profitability Ratio
ROE1
Benchmarks
ROE, Competitors2
General Motors Co.
Tesla Inc.
ROE, Sector
Automobiles & Components
ROE, Industry
Consumer Discretionary

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
ROE = 100 × Net income (loss) attributable to Ford Motor Company ÷ Equity attributable to Ford Motor Company
= 100 × ÷ =

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Ford Motor Co. ROE deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.

Return on Assets (ROA)

Ford Motor Co., ROA calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Ford Motor Company
Total assets
Profitability Ratio
ROA1
Benchmarks
ROA, Competitors2
General Motors Co.
Tesla Inc.
ROA, Sector
Automobiles & Components
ROA, Industry
Consumer Discretionary

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

1 2023 Calculation
ROA = 100 × Net income (loss) attributable to Ford Motor Company ÷ Total assets
= 100 × ÷ =

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Ford Motor Co. ROA deteriorated from 2021 to 2022 but then slightly improved from 2022 to 2023.