Consumer Discretionary
Auto Manufacturers
$38.51B
177K
Key insights and themes extracted from this filing
Total revenues increased to $47.8B in Q2 2024 from $45B in Q2 2023, with Ford Blue contributing the most. However, the operating income declined to $1.88B from $2.46B, indicating margin pressure.
Net income attributable to Ford Motor Company decreased to $1.83B in Q2 2024 from $1.92B in Q2 2023. This decline in net income despite revenue growth suggests challenges in cost management or profitability.
Company adjusted EBIT decreased to $2.76B in Q2 2024 from $3.79B in Q2 2023, which indicates a significant decline in operating profitability, despite the revenue increase.