Ford Results 3Q23 Earnings
Net Income / (Loss) Reconciliation To Adjusted EBIT ($M)
Net income / (loss) attributable to Ford (GAAP)
Income / (loss) attributable to non-controlling interests
Net income / (loss)
Less: (Provision for) / Benefit from income taxes
Income / (loss) before income taxes
Less: Special items pre-tax
Income / (loss) before special items pre-tax
Less: Interest on debt
Adjusted EBIT (Non-GAAP)
Memo:
Revenue ($B)
Net income / (loss) margin (GAAP) (%)
Adjusted EBIT margin (Non-GAAP) (%)
$
GA
Third Quarter
2022
(827) $
(103)
(930)
195
(1,125)
(2,607)
1,482
(321)
1,803
39.4
(2.1) %
4.6 %
$
$
2023
$
1,199
(26)
1,173
(214)
1,387
$ 1,874
(324)
(487)
2,198
43.8
2.7 %
5.0 %
$
$ (3,270)
(141)
$
$
$
Year-To-Date
$
2022
(3,411)
771
(4,182)
(11,092)
7,851
114.1
6,910 $
(941)
(2.9) %
$
6.9 %
$
$
$
$
2023
4,873
(21)
4,852
(982)
5,834
(2,593)
8,427
(936)
9,363
130.2
3.7 %
7.2 %
$
$
Memo:
FY 2022
$ (2,152)
864
$
(1,981)
(171)
(3,016)
(12,172)
9,156
(1,259)
10,415
158.1
(1.3) %
6.6 %
Ford
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