Automotive / Manufacturing
$XX.XX
F
Ford Motor Company stands as one of America's most iconic automotive manufacturers, trading on the New York Stock Exchange under the ticker symbol "F." The company was founded by Henry Ford in 1903 and is headquartered in Dearborn, Michigan, maintaining its position as a major player in the global automotive industry with approximately 171,000 employees, including about 56,500 UAW employees.
Ford Motor Company develops, delivers, and services Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles worldwide. It operates through three customer-centered business segments: Ford Blue (engineering iconic gas-powered and hybrid vehicles), Ford Model e (inventing breakthrough electric vehicles along with embedded software), and Ford Pro (helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs). Additionally, Ford provides financial services through Ford Motor Credit Company. The company has restructured its operations to better navigate the evolving automotive landscape.
Ford Motor Company has a market capitalization of $46.68 billion as of September 23, 2025, reflecting its substantial presence in the automotive sector. The company maintains significant market positions across key regions, with nearly 13% market share in the United States, about 10% share in the UK, and under 2% share in China (including unconsolidated affiliates). Sales in the US made up about 68% of 2024 total company revenue.
Ford reported strong third-quarter 2024 results on October 28, 2024. Ford's third-quarter revenue was $46 billion, up 5% from the same period a year ago. The company's performance was driven by its commercial and traditional vehicle segments.
• Net income: $896 million, or 22 cents per share
• Adjusted EBIT: Increased roughly 16% year over year to $2.55 billion
• Revenue Growth: Marked the company's 10th consecutive quarter of year-over-year revenue growth
• Total Revenue: $46 billion (up 5% year-over-year)
• Revenue: US$185.0 billion (up 5.0% from FY 2023)
This demonstrates a consistent growth trajectory for the full year.
The commercial vehicle segment has been a standout performer. Ford Pro earned $1.81 billion in adjusted earnings during Q3 2024.
• Q3 2024 Revenue: $15.66 billion (up 13.2% compared to $13.83 billion in Q3 2023)
• Q3 2024 EBIT: $1.81 billion, at a margin of 11.6%
Ford Blue reported adjusted earnings of $1.63 billion during Q3 2024, showing solid performance in the traditional combustion engine and hybrid vehicle segment.
The electric vehicle segment continues to face challenges. Ford's "Model e" electric vehicle unit recorded losses of $1.22 billion during the third quarter — less than it lost a year earlier, largely due to lower volumes and cost cuts.
Ford continues to execute its Ford+ plan for long-term value creation. CEO Jim Farley stated: "We are in a strong position with Ford+ as our industry undergoes a sweeping transformation. We have made strategic decisions and taken the tough actions to create advantages for Ford versus the competition in key areas like Ford Pro, international operations, software and next-generation electric vehicles."
Ford has achieved its $2 billion in material, freight and manufacturing cost savings, but higher inflationary and warranty costs have eaten into those improvements. Ford CFO John Lawler emphasized: "Our focus continues on cost and quality, which are holding back our progress and represent tremendous upside potential."
The automaker expects adjusted earnings before interest and taxes (EBIT) of about $10 billion for 2024, down from a previously announced range of between $10 billion and $12 billion.
Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles, along with connected services. The company continues to invest in both traditional and emerging technologies, balancing combustion engines, hybrid systems, and electric vehicles to meet diverse customer needs.
The company sells Ford and Lincoln internal combustion engine and hybrid vehicles, electric vehicles, service parts, accessories, and digital services for retail customers, as well as develops software. Ford's approach includes serving various customer segments, from individual retail buyers to large commercial fleets and government entities.
Ford Motor Company remains positioned as a significant player in the automotive industry, leveraging its century-plus legacy while adapting to modern transportation needs through strategic investments in electrification, commercial vehicles, and digital services.