Stock Analysis on Net
Stock Analysis on Net

Ford Motor Co. (NYSE:F)

Common-Size Income Statement

Ford Motor Co., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Company revenues excluding Ford Credit 100.00 100.00 100.00 100.00 100.00
Cost of sales -90.75 -90.15 -90.80 -97.25 -93.77
Gross profit 9.25% 9.85% 9.20% 2.75% 6.23%
Ford Credit revenues 6.20 6.02 7.98 9.66 8.54
Selling, administrative, and other expenses -6.45 -7.30 -9.44 -8.79 -7.77
Ford Credit interest, operating, and other expenses -5.71 -4.36 -4.16 -7.42 -6.59
Operating income (loss) 3.29% 4.21% 3.58% -3.80% 0.40%
Interest expense on Company debt excluding Ford Credit -0.78 -0.84 -1.43 -1.42 -0.71
Net periodic pension and OPEB income (cost), excluding service cost -1.50 0.90 4.75 0.06 -1.12
Investment-related interest income 0.94 0.43 0.20 0.39 0.56
Interest income (expense) on income taxes -0.01 -0.02 0.01 0.00 -0.02
Realized and unrealized gains (losses) on cash equivalents, marketable securities, and other investments -0.12 -5.04 7.25 0.28 0.10
Gains (losses) on changes in investments in affiliates 0.01 -0.10 0.29 2.97 0.01
Losses on extinguishment of debt 0.00 -0.08 -1.35 0.00 -0.04
Royalty income 0.29 0.32 0.49 0.43 0.27
Other 0.04 0.13 0.02 0.10 0.07
Other income (loss), net -0.36% -3.45% 11.67% 4.23% -0.16%
Equity in net income (loss) of affiliated companies 0.25 -1.93 0.26 0.04 0.02
Income (loss) before income taxes 2.39% -2.02% 14.08% -0.96% -0.45%
(Provision for) benefit from income taxes 0.22 0.58 0.10 -0.14 0.50
Net income (loss) 2.61% -1.44% 14.18% -1.10% 0.06%
(Income) loss attributable to noncontrolling interests 0.01 0.11 0.02 0.00 -0.03
Net income (loss) attributable to Ford Motor Company 2.62% -1.33% 14.21% -1.10% 0.03%

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).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Ford Motor Co. operating income (loss) as a percentage of company revenues excluding Ford Credit increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Ford Motor Co. income (loss) before income taxes as a percentage of company revenues excluding Ford Credit decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Net income (loss) attributable to Ford Motor Company The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Ford Motor Co. net income (loss) attributable to Ford Motor Company as a percentage of company revenues excluding Ford Credit decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.