Ford Motor (F) FY2022 results: revenue $158.1 billion, up 15.9% on the year
Ford Motor Co. (F) reported revenue of $158.1 billion for fiscal 2022, the year ended 31 December 2022, up 15.9% on the year before. Net income was -$2.0 billion, and diluted earnings per share $-0.49. The figures are the company's own, from the 10-K it filed with the SEC on 3 February 2023.
Revenue
$158.1 billion
+15.9% on the year
FY2015FY2022
Operating margin
4.0%
3.3% a year earlier
FY2015FY2022
Net income
-$2.0 billion
FY2015FY2022
Diluted EPS
-$0.49
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
6,853
15,787
24,269
-56.6%
Capital expenditure
6,866
6,227
5,742
+10.3%
Free cash flow
-13.0
9,560
18,527
Free cash flow margin
-0.0%
7.0%
14.6%
Cash from investing
-4,347
2,745
-18,615
Cash from financing
2,511
-23,498
2,315
Depreciation and amortisation
7,674
7,318
8,774
+4.9%
Share-based compensation
336
305
199
+10.2%
Buybacks
484
0.0
0.0
Dividends paid
2,009
403
596
+398.5%
Dividend per share
$0.50
$0.10
$0.15
+400.0%
Diluted shares, weighted
4,014m
4,034m
3,973m
-0.5%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
43,242
48,519
30,690
-10.9%
Non-controlling interest
-75.0
103
121
Debt
138,969
138,092
161,684
+0.6%
Operating lease liabilities
1,101
1,048
991
+5.1%
Other liabilities
72,647
69,273
73,775
+4.9%
Total liabilities and equity
255,884
257,035
267,261
-0.4%
Fixed assets
37,265
37,139
37,083
+0.3%
Goodwill
603
619
258
-2.6%
Intangible assets
86.0
111
144
-22.5%
Investments
18,936
29,053
24,718
-34.8%
Cash and equivalents
25,134
20,540
25,243
+22.4%
Receivables
15,729
11,370
9,993
+38.3%
Inventory
14,080
12,065
10,808
+16.7%
Other assets
144,051
146,138
159,014
-1.4%
Total assets
255,884
257,035
267,261
-0.4%
10-K for the year ended 31 December 2022, filed 3 February 2023: the filing.