Ford Results 3Q23 Earnings
Ford
Pro
Integrated vehicle hardware,
software, service, charging and
financing solutions that increase
commercial customer productivity
+ Revenue up 16%, 12% EBIT
margin
+ Volume impacted by new
product launch changeover
and supply constraints
+ Super Duty continues to drive
higher net pricing
+ Customer demand for key
products outstripped supply
Wholesale Units (000)
338
Q2 22
Memo:
JV Wholesales* 17
EV Wholesales 7
EBIT ($B)
321
$0.9
18
6
Q3 '22 Q4 '22 Q1 '23
358
$0.4
Q2 22 Q3 22
29
11
337
$1.5
22
8
ل
365
$1.4
Q2 23
24
12
تات...
$2.4
314
Q3 '23
24
9
* Includes Ford brand vehicles produced and sold by our unconsolidated
affiliate Ford Otosan in Türkiye
$1.7
Q4 '22 Q1 '23 Q2 23 Q3 '23
Revenue ($)
$12.7
Q2 22 Q3 '22
$12.0
EBIT Margin (%)
6.9%
Q2 22
3.4%
Q3 '22
$13.9
Q4 '22
$13.2
Q1 '23
10.4% 10.3%
$15.6
Q2 23
15.3%
Q4 '22 Q1 '23 Q2 '23
$13.8
Q3 '23
12.0%
Q3 '23
Ford
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