The chart above displays the net revenue and net income of Ford Motors Company from 2010 to 2022 in millions of US dollars.
Ford Motors experienced solid revenue growth in 2022 compared to the prior year. The net revenue of the company grew by 16% in 2022 compared to 2021. Ford Motors generated total $158,057 million in 2022 compared to $136,041 million in 2021. However, the company incurred a net loss of $1,981 million in 2022 compared to a positive net income of $17,910 million in 2021. The largest market of Ford Motors is the United States from where the company generated $105.5 billion in 2022 compared to $87 billion in 2021.
Net Revenue and Net Income of Ford Motors 2009-2022
Amounts are in millions.
| Year | Net Revenue (millions) | Net Income (millions) |
|---|---|---|
| 2022 | $158,057 | $(2,152) |
| 2021 | $136,341 | $17,910 |
| 2020 | $127,144 | $1,276 |
| 2019 | $155,900 | $84 |
| 2018 | $ 1,60,338 | $3,695 |
| 2017 | $ 1,56,776 | $7,757 |
| 2016 | $ 1,51,800 | $4,600 |
| 2015 | $ 1,49,558 | $7,325 |
| 2014 | $ 1,44,077 | $1,259 |
| 2013 | $ 1,46,917 | $11,946 |
| 2012 | $ 1,33,559 | $1,916 |
| 2011 | $ 1,35,605 | $16,894 |
| 2010 | $ 1,28,954 | $6,477 |
| 2009 | $ 1,16,283 | $2,717 |
2021 highlights:
Ford Motors experienced a significant growth in net revenues during 2021 compared to the previous year. Its net revenues for 2021 grew 7% compared to the previous year. Ford generated $136,341 million in net revenues compared to $127,144 million in 2020.
2020 Highlights:
Ford Motors experienced a significant decline in net revenues in 2020 compared to 2019. Its net revenue for 2020 declined to $127.14 billion compared to $155.9 billion in 2019.
Ford Motors is a leading manufacturer and seller of motor vehicles. Its total revenues grew to $160.34 Billion in 2018 from $156.78 Billion. Ford motors company generates most of its revenue in the automotive segment from the sales of vehicles, parts, and accessories. The United States is the largest market of Ford Motors that accounted for around 60% of its total revenues in 2018. The United Kingdom, Canada, and Germany are also among the leading markets of Ford Motors.
Ford Motors Net Income
2021: The net income of Ford Motors jumped sharply in 2021 compared to the previous year. In 2020, the company had experienced a net loss of $1,276 million. However, in 2021, its net income remained $17,910 million. Its net income margin was 13.2% in 2021, up from negative 1% a year ago. The company has experienced a growth in its net income after a continuous downward slide for three consecutive years.
2020: In 2020 Ford motors incurred net losses worth $1,276 million compared to a net income of $84 million in 2019. Its net income has been sliding downward for the last three years.
The net Income of Ford Motors was down to $3,695 million in 2018 from $7,757 million in 2017.
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About the Ford Motor Company:
Ford Motor Company is a leading automobile brand based in Dearborn, Michigan, United States. The company was incorporated in 1919 in Delaware. It sells a vast range of Ford trucks, SUVs, and cars globally. Ford also sells Lincoln luxury vehicles. The company has expanded its range of electrified vehicles.
Ford’s net sales and revenue declined in 2020 compared to the previous year due to the pandemic. The company sold 4.5 million vehicle units in 2020 compared to 5.5 million in 2019. The company’s net revenue was $127.14 billion in 2020 compared to $155.9 billion in 2019.
Ford has maintained a strong global presence and is among the leading automobile brands globally.
Revenue and Net Income of Ford Motor company
The revenue for Ford motor company for 2017 was 156.8 Billion dollars which was five billion dollars higher than its revenue for the previous year. The source of revenue for the automotive segment of Ford include the sales of vehicles, pats and accessories. Revenue is recorded after the wholesalers and distributors transfer the ownership to the customers. In case of majority of sales this occurs when the products are shipped from the manufacturing centers. It is Ford credit that finances at wholesale most of the vehicles sold to its wholesalers and distributors by Ford. Interest on finance receivables primarily generates the revenue for the financial services segment of Ford.
Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.