Executive Summary
In Q4 2023, Ford Motor Company reported revenues of $45.96 billion, a 4.46% increase year-over-year. However, the company faced a significant operational setback, leading to a net loss of $526 million, underlining the pressures of post-UAW strike adjustments and market dynamics. Despite this, the outlook for Ford's Pro segment, which showed strong growth and robust margins, indicates potential for recovery and strategic progression in the electric vehicle (EV) sector. Management's commentary emphasized the company's evolving focus towards a blend of traditional and electric vehicles while enhancing operational efficiencies through cost-cutting initiatives, particularly in design and manufacturing. Investors should monitor Ford's ability to return to profitability while successfully transitioning to EV production within a competitive landscape.
Key Performance Indicators
Revenue
45.96B
QoQ: 4.93% | YoY:4.46%
Gross Profit
2.53B
5.50% margin
QoQ: -59.54% | YoY:-59.08%
Operating Income
-245.00M
QoQ: -121.70% | YoY:-106.55%
Net Income
-526.00M
QoQ: -143.87% | YoY:-140.81%
EPS
-0.13
QoQ: -143.33% | YoY:-140.39%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $45.96 Billion (YoY: +4.46%, QoQ: +4.93%)
- **Gross Profit:** $2.53 Billion (YoY: -59.08%, QoQ: -59.54%)
- **Operating Income:** -$245 Million (YoY: -106.55%, QoQ: -121.70%)
- **Net Income:** -$526 Million (YoY: -140.81%, QoQ: -143.87%)
- **EPS:** -$0.13 (YoY: -140.39%, QoQ: -143.33%)