Ford Motor Company

F
Sector

Consumer Discretionary

Industry

Auto Manufacturers

Market Cap

$38.51B

Employees

177K

Company Overview

Ford Motor Company is a global automotive company that designs, manufactures, and sells a wide range of vehicles, including trucks, SUVs, commercial vans, and luxury vehicles. The company operates through three customer-centered business segments: Ford Blue, focusing on gas-powered and hybrid vehicles; Ford Model e, developing electric vehicles and software; and Ford Pro, serving commercial customers. Ford's key markets include North America, Europe, and China, and it has a significant global presence with approximately 177,000 employees.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

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.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights