F
Ford Motor Company13.67
+0.02+0.15%
Dec 16, 4:00:10 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Novelis contingencies, truck moat affirmed.
Q&A drilled into Novelis disruptions, confirming $2 billion 2025 losses won't recur with $2.5-3 billion volume recovery offset by $1.5-2 billion temporary sourcing costs for a net $1 billion 2026 lift, backed by supply contingencies. Management dismissed truck rivals, highlighting revenue share gains, low inventories, and demand for V8s, hybrids, and Pro services amid flat Europe pricing. Ford Energy sparked customer interest from data centers and grids via LFP edge. In-house Level 3 autonomy slashes vehicle costs by thousands. Losses narrow steadily in Model e toward 2029 breakeven. Execs exuded execution confidence; watch aluminum flows and Energy ramp.
Key Stats
Market Cap
54.47BP/E (TTM)
11.68Basic EPS (TTM)
1.17Dividend Yield
0.04%Recent Filings
8-K
Ford authorizes 31.7M share buyback
Ford launched an anti-dilutive share repurchase program on March 13, 2026, authorizing up to 31.7 million shares to offset dilution from 2026 share-based compensation and conversions of its 0.00% Senior Convertible Notes due March 15, 2026. Repurchases will occur via open market or private deals, funded by cash on hand. Timing hinges on market conditions. Program can halt anytime.
10-K
FY2025 results
Ford's FY2025 wholesales dipped 2% y/y to 4,395,000 units amid aluminum supply fires at a key supplier, hitting Q4 production. Revenue edged up 1% to $187B, but adjusted EBIT fell to $6.8B from $10.2B, pressured by $3B gross tariff costs (net $2B EBIT hit) and Q4 Model e impairments totaling $13.8B from EV program cuts and BlueOval SK disposition. Ford Blue and Pro margins slid to 3.0% and 10.3%, yet Pro carried the load; Credit EBT rose 54% to $2.6B. Cash net of debt: $7.7B. Q4 accelerated EV pain. Supply disruptions threaten quarterly output.
8-K
Ford's 2025 results: revenue up, profits hit
Ford reported Q4 and full-year 2025 results with revenue at $45.9B and $187.3B, respectively, but net losses of $11.1B and $8.2B due to $17.4B special items like EV impairments. Adjusted EBIT held at $1.0B and $6.8B, with operating cash flow surging to $21.3B. 2026 outlook targets $8-10B adjusted EBIT. Special items crushed GAAP profits.
8-K
Ford flags $0.6B pension loss
Ford expects a $0.6 billion pre-tax remeasurement loss on pension and OPEB plans in Q4 2025 results, split evenly between U.S. actuarial losses and non-U.S. assumption changes like life expectancy. After-tax, it cuts net income by $0.5 billion but skips adjusted EBIT and EPS as a special item. Plans stay mostly funded.
8-K
Ford sales up 6%, share gains
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