Ford Motor — Feb 5, 2025 release

At year end, Ford had over $28 billion in cash and nearly $47 billion in liquidity, providing the flexibility necessary in a dynamic environment. Ford’s board of directors today declared a first-quarter regular dividend of $0.15 per share, plus a supplemental dividend of $0.15 per share, payable on March 3 to shareholders of record on Feb. 18.   3 Business Segment Highlights Fourth Quarter Full Year 2023 2024 Change 2023 2024 Change Ford Blue Segment Wholesales (000) 758 774 2 % 2,920 2,862 (2) % Revenue ($B) $ 26.2 $ 27.3 4 % $ 101.9 $ 101.9 — % EBIT ($M) 813 1,581 $ 768 7,462 5,284 $ (2,178) EBIT Margin (%) 3.1 % 5.8 % 2.7 ppts 7.3 % 5.2 % (2.1) ppts Ford Model e Segment Wholesales (000) 34 37 10 % 116 105 (9) % Revenue ($B) $ 1.6 $ 1.4 (11) % $ 5.9 $ 3.9 (35) % EBIT ($M) (1,570) (1,389) $ 181 (4,701) (5,076) $ (375) EBIT Margin (%) (98.2) % (98.1) % 0.1 ppts (79.7) % (131.8) % (52.0) ppts Ford Pro Segment Wholesales (000) 361 378 5 % 1,377 1,503 9 % Revenue ($B) $ 15.4 $ 16.2 6 % $ 58.1 $ 66.9 15 % EBIT ($M) 1,811 1,629 $ (182) 7,222 9,015 $ 1,793 EBIT Margin (%) 11.8 % 10.0 % (1.7) ppts 12.4 % 13.5 % 1.0 ppts In 2024, Ford Blue’s revenue was flat at $101.9 billion as positive net pricing offset a 2% decline in wholesales driven by the discontinuation of low-margin products. Segment EBIT was $5.3 billion. Ford Model e reported a full-year EBIT loss of $5.1 billion, as the company continues to inves