🔹 Adj EPS: $0.39 (Est. $0.33) 🟢
🔹 Revenue: $48.2B (Est. $43.02B) 🟢; UP +5% YoY
🔹 EBIT: $2.1B (Est. $1.99B) 🟢
🔹 Operating Cash Flow: $3.0B (Est. $3.68B) 🔴
FY25 Guidance:
🔹 Adj EBIT: $7.0B-$8.5B (Est. $8.57B) 🔴
🔹 Adjusted Free Cash Flow: $3.5B-$4.5B
🔹 Capital Expenditures: $8.0B-$9.0B
Segment Performance (Q4 2024):
Ford Blue (Traditional ICE Business)
🔹 Revenue: $27.3B (Est. $24.88B) 🟢; UP +4% YoY
🔹 EBIT: $1.58B; UP +95% YoY
🔹 EBIT Margin: 5.8% (Prev. 3.1%) 🟢
Ford Model e (EV Business)
🔹 Revenue: $1.4B (Est. $1.68B) 🔴; DOWN -11% YoY
🔹 EBIT Loss: -$1.39B (Prev. -$1.57B); Narrowed losses
🔹 EBIT Margin: -98.1% (Prev. -98.2%)
🔸 Loss of $37,000 per EV sold
Ford Pro (Commercial & Fleet Business)
🔹 Revenue: $16.2B (Est. $14.33B) 🟢; UP +6% YoY
🔹 EBIT: $1.63B; DOWN -10% YoY
🔹 EBIT Margin: 10.0% (Prev. 11.8%) 🔴
🔹 Paid Software Subscriptions: 650K (UP +27% YoY)
🔹 Telematics Growth: Nearly 100% YoY
Ford Credit
🔹 EBT: $1.7B; UP +23% YoY
Dividend & Shareholder Returns:
🔹 Quarterly Dividend: $0.15/share + Supplemental Dividend of $0.15/share
🔹 Payable Date: March 3, 2025, to shareholders of record on Feb. 18
CEO Jim Farley’s Commentary:
🔸 "We closed 2024 with record revenue and are transforming Ford into a more efficient, high-margin company. Ford Pro continues to drive strong performance with its fleet services, and we are laser-focused on improving quality and cost in 2025."
CFO Sherry House’s Commentary:
🔸 "The Ford+ plan is built on strong fundamentals, and we are committed to increasing our profitability and cash flow in 2025 while executing our long-term strategy."