Ford Motors Net Income
Net Income of Ford Motors 2009-2021.
Amounts are in millions.
|Year||Net Income (Millions)|
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.
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.