2023 Outlook and Advancing The Ford Plan: Electrification
Q4 Results ($M)
Fourth Quarter
Full Year
Ford
2021
2022
2022 B (W) 2021
2021
2022
2022 B (W) 2021
North America
SA
South America
1,822
36
3,007
1,185
7,377
9,176
1,799
110
74
(121)
413
534
Europe
(159)
(374)
(215)
(154)
47
201
China
(150)
(205)
(55)
(327)
(572)
(245)
International Markets Group
92
243
151
622
628
6
Automotive
$
1,641
2,781
$
1,140
7,397
$
9,692
2,295
Mobility
Ford Credit
(342)
(219)
123
(1,030)
(926)
104
1,055
191
(864)
4,717
2,657
(2,060)
Corporate Other
(312)
(189)
123
(1,084)
(1,008)
76
Adjusted EBIT
2,042
2,564
522
10,000
10,415
415
Interest on Debt
(438)
(318)
120
(1,803)
(1,259)
Special Items (excl. tax)
9,614
(1,080)
(10,694)
9,583
(12,172)
Taxes
1,055
93
(962)
130
864
544
(21,755)
734
Less: Non-Controlling Interests
(30)
(21)
(27)
(171)
Net Income (Loss) Attributable to Ford
$
12,282
$
1,289
$
(10,993)
$
17,937
$
(1,981)
$
(144)
(19,918)
Company Adjusted Free Cash Flow ($B)
2.3
2.4
0.1
4.6
9.1
4.5
Revenue ($B)
Company Adjusted EBIT Margin (%)
Net Income (Loss) Margin (%)
Adjusted ROIC (Trailing Four Quarters) (%)
Adjusted EPS
EPS (GAAP)
37.7
44.0
6.3
136.3
158.1
21.7
5.4 %
5.8 %
0.4 ppts
7.3 %
6.6 %
(0.7) ppts
32.6
2.9
(29.7)
13.2
(1.3)
9.8
11.2
1.4
9.8
11.2
(14.5)
1.4
EA
0.26
0.51
$
0.25
$
1.59
SA
1.88
0.29
3.03
0.32
(2.71)
4.45
(0.49)
(4.94)
SECRET
55
A5View entire presentation