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Ford Motor Co (Ford Motor Co) Gross Profit

: $16,160 Mil (TTM As of Dec. 2023)
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Ford Motor Co's gross profit for the three months ended in Dec. 2023 was $2,530 Mil. Ford Motor Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $16,160 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ford Motor Co's gross profit for the three months ended in Dec. 2023 was $2,530 Mil. Ford Motor Co's Revenue for the three months ended in Dec. 2023 was $45,962 Mil. Therefore, Ford Motor Co's Gross Margin % for the quarter that ended in Dec. 2023 was 5.50%.

Ford Motor Co had a gross margin of 5.50% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Ford Motor Co was 12.06%. The lowest was 4.55%. And the median was 9.82%.


Ford Motor Co Gross Profit Historical Data

The historical data trend for Ford Motor Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ford Motor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11,735.00 5,785.00 16,438.00 17,164.00 16,160.00

Ford Motor Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,103.00 4,619.00 5,211.00 3,800.00 2,530.00

Competitive Comparison

For the Auto Manufacturers subindustry, Ford Motor Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ford Motor Co Gross Profit Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Ford Motor Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ford Motor Co's Gross Profit falls into.



Ford Motor Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Ford Motor Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=176191 - 160031
=16,160

Ford Motor Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=45962 - 43432
=2,530

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $16,160 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Ford Motor Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,530 / 45962
=5.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Ford Motor Co  (NYSE:F) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ford Motor Co had a gross margin of 5.50% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Ford Motor Co Gross Profit Related Terms

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Ford Motor Co (Ford Motor Co) Business Description

Address
One American Road, Dearborn, MI, USA, 48126
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has about 13% market share in the United States, about 6.5% share in Europe, and about 2.1% share in China including unconsolidated affiliates. We expect market share to increase as inventory improves coming out of the chip shortage. Sales in the U.S. made up about 67% of 2022 total company revenue. Ford has about 173,000 employees, including about 57,000 UAW employees, and is based in Dearborn, Michigan.
Executives
John Douglas Field officer: Chief AT&ES Officer ONE AMERICAN ROAD, DEARBORN MI 48126
Andrew Frick officer: President, Ford Blue ONE AMERICAN ROAD, DEARBORN MI 48126
Peter C Stern officer: President, Integrated Services C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
John T. Lawler officer: Vice President and Controller ONE AMERICAN ROAD, DEARBORN MI 48126
Farley Jr James D officer: Group Vice President FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Ashwani Kumar Galhotra officer: Group Vice President ONE AMERICAN ROAD, DEARBORN MI 48138
Theodore J. Cannis officer: CEO of Ford Pro ONE AMERICAN ROAD, DEARBORN MI 48126
Shengpo Wu officer: President and CEO, Ford China ONE AMERICAN ROAD, DEARBORN MI 48126
Stuart J. Rowley officer: Vice President and Controller ONE AMERICAN ROAD, DEARBORN MI 48126
Jennifer Waldo officer: Chief People & E. Exp. Officer ONE AMERICAN ROAD, DEARBORN MI 48126
Marin Gjaja officer: Chief Cust. Off., Ford Model e ONE AMERICAN ROAD, DEARBORN MI 48126
Ford William Clay Jr director, officer: Chairman and CEO FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Alexandra Ford English director ONE AMERICAN ROAD, DEARBORN MI 48126
May John C Ii director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Catherine A. O'callaghan officer: Vice President and Controller ONE AMERICAN ROAD, DEARBORN MI 48126